PayTM Payment Bank is Live- Open Account & Get Free PayTM Debit Card

As You Already Know That RBI Has Approved The Licence of Paytm To Transfer Its Wallet Business Into Bank & Paytm Finally Launched The Bank Giving Name “Paytm Payment Bank”

PayTM Payment Bank has Been in News Since 23rd May 2017 When They have Launched it officially , Even They Have Started Accepting The Invitations To Open The PayTM Payment Bank Account

Finally PayTM Payment Bank Is Live Now , And You Can Start Using The Services Right From The Moment If You Are The PayTM KYC Verified User

How To Open PayTM Payment Bank Account In PayTM App

PayTM has Rolled Out The Paytm Payment Bank Option In Beta App Of PayTM

1, If You Are Beta User Then Just Update The App & You Will See The PayTM payment Bank Option.

2. If You Aren’t PayTM App Beta User Then Just Go to Playstore > Search PayTM App > Scroll Down Below in PayTM App Page > Join The Beta Program > Wait For Sometime > You Will Become a Beta Tester Of PayTM App & You Will See The PayTM payment Bank Option

3. Now Just Click On it & Click On Proceed

4. Now Just Put Your 4 Digit Passcode For PayTM Payment Bank

5. Add A Nominee in Next Step

6. If You Are PayTM KYC User Then Bingo !! You are Now PayTM Payment Bank User

7.You Will See The PayTM Rupay Virtual Debit Card There , You Can Use it On Every Shopping Sites

8. If You are Not PayTM KYC User Then , Select Address , Put Your 16 Digit Aadhaar Number & Name – You have to Verify Your KYC Details First To Start Using The PayTM Payment Bank Services

Features Of PayTM Payment Bank Account

Type Of Account : Savings Account

Minimum Balance: Rs 1

Maximum Balance: Rs100000 (1 Lakh)

Interest Rate: No Disclosure Regarding This But If Rumors To Be Believed Than 14.5%

Debit Cards : Yes

IMPS, NEFT Available : Yes

UPI Available : Yes

Banking Transaction Charges: Free of Cost

Money Withdrawal from ATM Allowed: No Disclosure Regarding This Even But I Believe It Will Be Also Available .

Getting Started With Paytm Payments Bank :-

Well Now As You Have Enrolled In Payments Bank So You Are About TO Unveil Juicy Benefits From Paytm . What Are The Benefits Of It You Are Gonna Watch Down …..

You will get a Banking Kit from PayTM with the Following:

A Passbook
A Cheque Book
A Debit Card
Internet Banking Instructions Manual
A Welcome Kit with instructions to use the PayTM Wallet.

The Banking Kit will reach at your home directly. It may take up to 2 weeks to reach you after your Bank Account has been created. Kindly wait for it to come.

Thats It ..Too Much Benefits