Skip to content

Earticleblog

  • App For PC
    • Jio TV For PC
    • Hotstar For PC
    • Free Hotstar Premium
    • Unacademy App for PC
    • Meesho for PC
  • Fantasy Sports
    • Best Fantasy App
    • Apps Like Dream11
    • New Fantasy App 2023
    • 100% Bonus Use Fantasy App
    • Watch IPL 2023 on PC
  • Refer & Earn
    • Free Paytm Cash
    • Real 11 Referral Code
    • Gamezy Referral Code
    • Dream11 Referral Code
    • My Team 11 Referral Code
  • Crypto
    • Bitbns Referral Code
    • WazirX Referral Code
    • Binance Referral Code
    • CoinDCX Referral Code
    • CoinSwitch Refer and Earn
  • Web Stories
  • Contact
  • About
    • Sitemap
    • Disclaimer
    • Work With Us
    • Advertise With Us
    • Terms & Conditions
Earticleblog
  • App For PC
    • Jio TV For PC
    • Hotstar For PC
    • Free Hotstar Premium
    • Unacademy App for PC
    • Meesho for PC
  • Fantasy Sports
    • Best Fantasy App
    • Apps Like Dream11
    • New Fantasy App 2023
    • 100% Bonus Use Fantasy App
    • Watch IPL 2023 on PC
  • Refer & Earn
    • Free Paytm Cash
    • Real 11 Referral Code
    • Gamezy Referral Code
    • Dream11 Referral Code
    • My Team 11 Referral Code
  • Crypto
    • Bitbns Referral Code
    • WazirX Referral Code
    • Binance Referral Code
    • CoinDCX Referral Code
    • CoinSwitch Refer and Earn
  • Web Stories
  • Contact
  • About
    • Sitemap
    • Disclaimer
    • Work With Us
    • Advertise With Us
    • Terms & Conditions
Home » Paytm » All About Paytm Payment Bank & Steps To Open Bank account with Paytm & Get Free RuPay Debit card

All About Paytm Payment Bank & Steps To Open Bank account with Paytm & Get Free RuPay Debit card

by Sarvesh Singh

Hey Guys , Exciting news is coming from all Paytm Lovers . Paytm has announced to open Paytm payments Bank from 23 rd May 2016 . This is very Good news from all paytm account holder Because Now paytm going to give your more benefits like Interest on your paytm wallet Balance , Debit card , Check Book etc.

Paytm Founded in the year of 2010 By Vijay Shekhar Sharma under the name of One97  when it launched no one knows about it they Provide Recharge services slowly they start adding services like shopping ,hotel booking ,Bus ticket ,air ticket ,train ticket etc and Popular each day till .

Now they comes with Paytm payment bank which makes it more successful in future .Paytm concept of doing Business change the online mobile market .

Also Check : Paytm Charges for Money Transfer

Note : SEBI approve Paytm IPO & Likely to list in November 2021 and after dew days it will list in Indian share market that is huge news for paytm and for their business.

Paytm Become so popular because of their Cash back system In this they offer heavy cash back some time it is up to 100 % on your all Transactions and You can use this cash back amount as a normal money to buy any thing from their Platform that attracts lots of new users and make it successful.

Skip to Main Content

  • What is Paytm Payment Bank :
  • How To Join Paytm Payment Bank :
  • Step To Open Paytm Bank Account & Get Free RuPay Debit Card :
  • What Benefits Offer Paytm Payment bank :
  • Interest Rate and Benefits of Saving account On Paytm Payment Bank :
  • Limits Of Paytm Payment Bank :
  • What happens to my existing Wallet?
  • Is it Compulsory To join Paytm Payment Bank ?
  • Is Paytm Existing Services (Recharge, shopping ,Booking etc) Continue ?

What is Paytm Payment Bank :

Paytm from 23 rd May transfer all their existing users account in to Paytm Payments Bank Limited (PPBL) which is new name of Paytm Bnak . Earlier paytm runs under One 97 Company Name But From 23 rd may it converts in to PPBL. With Paytm bank account you will Get banking Benefits like which your Getting normal banks SBI ,PNB etc .

Also Check : Top 6 App For Instant Free Paytm Cash by Downloading Apps

How To Join Paytm Payment Bank :

Joining of Paytm Bank is really simple You have to just create normal account with Paytm and Do Online KYC process to activate your Bank account In KYC you need ADHAR CARD Number and Mobile Number to verify your identity and instant opening of Paytm Payment Bank account.

If you are existing users or all ready paytm account then Just Do KYC process to open account with Paytm bank and start enjoying paytm bank services .If you do’t do KYC process still You can use Paytm but limitation of rs 20000 Per month limit and no banking benefits.

Step To Open Paytm Bank Account & Get Free RuPay Debit Card :

  1. First Of all Open Download or Update your Paytm app.
  2. Now open App and You see Paytm Bank Logo or Update KYC icon.
  3. Click On it and Enter your PAN card detail and proceed next.
  4. Now enter Your AADHAR card detail and Proceed next.
  5. Now complete Nominee Process and add address of your Home.
  6. Bingo ! You have applied for Paytm bank Just wait to receive confirmation SMS.
  7. Just like you receive card in Airtel Payment Bank Account, after few hours your Paytm Bank account open and you receive SMS that your Paytm RuPay debit card is added to your account.

What Benefits Offer Paytm Payment bank :

Paytm Bank Offers multiple benefits to its paytm Bank users like Normal banking. It includes Interest on your wallet Amount , Virtual Debit card ,Check Book etc.It also Offers financial services such as insurance, loans, Mutual Funds offered by our Paytm partners with the seamless Paytm experience.

Interest Rate and Benefits of Saving account On Paytm Payment Bank :

Intrest Rate on Saving account of Paytm is very interesting it is 4 % per Year and Payable monthly .One more good thing with Paytm Bank is their is no minimum balance limit to operate account .Below is the Offer Image which giv you better ideas of offering .

Limits Of Paytm Payment Bank :

Usually if you compare with normal banking it offers same services But Main limitation of Paytm Bank is Payments Banks are not allowed to lend to customers  means they will not provide credit cards or loans. However, they can partner with other financial institutions/banks to offer financial products like loans, insurance, mutual funds, pension funds etc.

Also their Bank account Limitation is Rs 1 Lacs It means You can Put maximum 1 lac in your paytm bank account .

What happens to my existing Wallet?

“Your current Paytm Wallet will now move to the Paytm Payments Bank Limited in the same capacity i.e. KYC wallet as KYC wallet and minimum KYC wallet as minimum KYC wallet. You continue to use the Paytm Wallet as before without any changes.”

Is it Compulsory To join Paytm Payment Bank ?

Yes it is . If you are existing paytm user then on 23 rd may your normal paytm account transfer it to Payment bank account .So automatically you will become member of paytm bank . If you do’t want to join Paytm bank then simply mail to paytm about this they will transfer your all Money to your Bank account and close your paytm wallets.

How ever if your account is inactive from last 6 months then it will not converted in to paytm bank until you give confirmation to it.

Is Paytm Existing Services (Recharge, shopping ,Booking etc) Continue ?

Yes all the existing Paytm services like shopping ,booking services ,recharge are continue normally .From 23 rs May you will get new features of bank also in this existing services .

For More detail answered visit Paytm help Page to know more.

So Guys i Hope You get all the details about Paytm payment bank and Happy to know its all features .Still if you have some query or confusion you can ask here we will solve it ASAP and Let us know what you think about this new development of paytm in comment section also.

Categories Paytm, Tech News Tags online paytm bank account, paytm bank, paytm bank account open, paytm bank offers, paytm payment bank
BSNL 499 Plan: For 90 Days (3 Months) Get Unlimited 3G/4G Net And Free Calling
How To Run Android Apps On ChromeBook Very Easily [ Tutorial ]
Join Loot Deals Telegram Channel
Sarvesh Singh

“They all laughed when I said I'd become a Blogger. Well, they're not laughing now.” Now being one, I always love to share my knowledge with others. :) I find myself good in Tech Field & Apps Promotion. You can catch me up at Linkedin or Facebook.

...

Fantasy APK

  • A23 APK Download
  • Dream11 APK Download
  • Gamezy APK Download
  • Howzat APK Download
  • MPL Pro APK Download
  • My 11 Circle APK Download
  • Real 11 APK Download
  • Vision11 APK Download
  • Winzo APK Download

Fantasy App Referral Code

Fantasy App ListReferral Code
MyTeam11EBONUS100
Real11EBONUS100
Dream11NEWST83EF
GamezyEBONUS100
FantasyPower11EBONUS100
HowzatEBONUS100
PlayerzPotNF19C6B7
Advertisements
My Team 11 App Side Banner

Editor's Pick

  • Free Instant Virtual Card
  • IRCTC New Account
  • Jio TV for Android TV
  • Online Mock Test
  • Free Sample in India
  • Best Rummy App

App for PC

  • Hotstar for PC
  • Jio TV for PC
  • NCERT App for PC
  • NTA for PC
  • Teachmint for PC
  • Unacademy for PC

Telecom

  • Airtel Free Data
  • Best APN for Jio
  • BSNL Validity Recharge
  • How to Activate Airtel Sim
  • Jio MMI Code
  • Free SIM Home Delivery

Fantasy Cricket App

  • 100% Bonus Use Fantasy App
  • Apps Like Dream 11
  • Gamezy Referral Code
  • My Team 11 Referral Code
  • Real 11 Referral Code

About Earticleblog.com

Earticleblog was founded on January 2013 by Sarvesh Singh and Abhishek Kumar. We started this website, keeping a vision of sharing our acquired knowledge in various fields. This blog provides information on many topics like Telecom, Smartphones, Finance, Fantasy Sports, App for PC, and much more. We are now part of Earticle Media Technology Pvt Ltd company.

Contact Us

Contact Details

Earticle Media Technology Pvt Ltd

B-5,
Bhagwati Garden Extension,
New Delhi - 110059

support@earticleblog.com

+919718734600

Important Pages

Amazon Great Indian Festival

Flipkart Big Billion Days Date

Dream11 रेफरल कोड

Best Dream 11 Prediction Telegram Channel

Social Connect

Facebook
Twitter
YouTube
FB Group
Pinterest
Linkedin
Telegram Loot Deals Channel
Follow us on Google News

© 2023 Earticleblog.com - Made with ❤️ in India

About Disclaimer Privacy Policy Terms of Service Sitemap

Disclaimer: Games shared on this site may be habit-forming or financially risky. Play responsibly and at your own risk. Owner of this website will not be responsible for any kind of financial gain or loss in any game app or site.