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.
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 .
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.