PayTM payment bank live – open account and get free debit card
Paytm Payments Bank– Earlier this year, digital payment major, Paytm launched its Payments Bank with features at par with a traditional bank in the country. Paytm, in May 2017, said that the Payments Bank will be live for customers later this year.
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
You Will See The PayTM Rupay Virtual Debit Card There , You Can Use it On Every Shopping Sites
7. 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.