how to open paytm payment bank account – for open account in PayTm you need a smart phone and Aadhaar Card (and Pan card not mandatory) in which age should have to 18+ years old.
What is Paytm Payment Bank
Paytm payment bank work like your normal bank SBI, HDFC, Axis Bank etc.., but only one problem you can’t able to withdraw money by Aadhaar Center.
Open Account in PayTm payment Bank
Follow below step to open Account in Paytm Payment Bank
- 1st – install Paytm App in your smart phone (Android or IOS).
- 2nd – create Account like Facebook, Instagram, Whatsapp.
- 3rd – Visit nearest paytm agent (You can find paytm agent by inbuilt option in paytm app)
- 4th – average 5 minutes time take to KYC or Open Account by Paytm Agent.
- 5th – after KYC by agent, Your Paytm payment bank will be go to ready to use.
- Now, you can go Bank section in Paytm where will all facility show.
What can we do by Paytm Payment bank or Paytm App
We can do all work who a normal bank is do. Paytm Payment bank has more advanced facilities compared to other bank. below showed what can we do by use paytm ?
- Money Transfer Without Charge.
- QR code scan Payment.
- Physical and Digital VISA Debit card.
- Account no. and IFSC available in this bank .
- (91+your 10 digit mobile number) will be your account number. Example- my mobile number “7905127539” then account no. will be “917905127539”. and IFSC code will be PYTM0123456 .
- You can 1 lakh rupees transfer in one day/one time.
- wallet facilities inbuilt.
- You can add money in your paytm payment bank by using Debit card and linked bank in Paytm App.
- Wallet to bank.
- History your all transaction – life time
- Fast Tag
- Accept money using QR code, UPI id, Bank Details, Mobile number.
- High security (Without mobile number you can’t able to use)
- UPI pin, Pass code, Password, OTP with high security.
- Recharge & Bill pay.
- Online Shopping.
- Mutual fund
- You can link this bank in PhonePe, Google Pay, Airtel, Jio Pay, Amazon Pay, Trucaller, MobiKwik and etc.., payment app.
How to open account in paytm payment bank – Hindi Video
Can we get Paytm Payment Bank Physical Debit card ?
Yes, You can get.
What’s annual charge for Physical Debit CXard ?
Is any charge on virtual debit card ?
Can we receive money ?
Yes you can receive money by Account Detail, UPI, QR code…
Is PayTm service good ?
Yes, PayTm service is good because PayTm is Private Company.
What’s Minimum and Maximum amount for Transaction ?
Min – Rs 1 and Max – Rs 100,000 .
what’s charge for open account in paytm payment bank ?
Normally, PayTm has no charge to KYC but agent take Rs 20 .