Paytm Payments Bank Now Available / Open Your Savings Account Now

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Paytm Payments Bank:-

Finally After 23 May Paytm Converted Into Paytm Bank. Now Paytm Is Called To Be Paytm Payment Bank. With The Help Of Paytm Payment Bank You Are Now Eligible To Earn 4% Interest On Your Paytm Wallet Balance.

To Open Paytm Payment Bank You Need To Be KYC Verified Only By Pan Card & Your Savings Account Will Be Opened Within 2 Minutes. Paytm is Just Same Like Normal Wallet App , But Converted To Paytm Bank Indirectly.

Info Given In Post Regarding Debit Card & Interest Rate May Be Changed Because Paytm Hasn’t Disclosed It Yet , It’s Basis On Their Past Info

Features Of PPB:-

1. Saving/Current Account.

2. No Minimum Account Balance.

3. Unlimited Online Fund Transfer.

4. Free Virtual Debit Card.

5. Online Passbook Statements.

Interest Rate:-

PPB Is Going To Offer 4% Interest Rates To Users On Wallet Balance Which They Maintained In PPB. Interest Rate Should Be Calculated On Monthly Basis.

How To Open PPB Account:-

1. First Download Paytm App

2. Download App & Installed It.

3. Paytm Bank App Is Available For All Users Now , Which Was Available Before For Beta Users Only.

4. Open App & Login For Your Account.

5. On Home Page Click On Bank Account.

paytm payments bank

6. Now They Ask You To Open Savings Account

7. Click On It & Enter Your PAN Number.

8. In Next Step Choose Nomine’s Name [ You Can Do This Step Later]

9. Now Your PBB Account Is Opened & You Will Get Instant Virtual Debit Card In App.

10. You Can Avail Paytm Payments Bank Freely.

paytm payments bank

Transactions Charges:-

Transaction Charges In PPB Is Totally Free. You Can Do Unlimited Online Transactions Without Any Charges. Online Transactions Also Include IMPS , NEFT & UPI.

PPB Debit Card & Transaction:-

PPB Is Giving Virtual Debit Card Free Of Cost , If You Want Physical Debit Card It Cost You ₹ 125 For 1 Year + Delivery Charges As Per Your City.

For ATM Cash Withdrawl Their Will Be 5 Transaction Free Per Month For Non Metro  Cities , Where As 3 Free Every Month For Metro Cities. Post Limit You Will Be Charged ₹ 20.

More Info Updated Soon 

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8 Comments
  1. Reply
    Yogesh Goyal 28/08/2017 at 9:01 PM

    Bhai meri wallet me 2000 rs hai maine saving open kar liya.. Lekin wallet ka balance saving account me nhi gya

    • Reply
      Krishna 28/08/2017 at 10:23 PM

      Bro Paytm Wallet & Saving Account Work Differently.

      You Need To Transfer Account To Paytm Savings Accounts 🙂

  2. Reply
    Vasu 29/08/2017 at 4:12 PM

    Bro I HV added my info for bank but it’s showing processing nothing showing after that…what I do now

    • Reply
      Krishna 29/08/2017 at 4:52 PM

      Wait 1 , 2 Days Because Many User Get This Error May Be It Takes Upto 3 Days To Open

      You Can Also Contact Paytm For This

  3. Reply
    Prateek 29/08/2017 at 9:45 PM

    Can under 18 people open this account ??

    • Reply
      Krishna 29/08/2017 at 10:22 PM

      May Be No Bro Because Of Pan Card

  4. Reply
    Prateek 30/08/2017 at 7:17 AM

    If I upgrade to KYC and when paytm agent will visit my address and I will come in front of him then will he upgade my account?

    • Reply
      Krishna 30/08/2017 at 8:59 AM

      Yes Bro , But In My Case I Just Send Him Scanned Documents On WhatsApp

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