Tuesday 6 December 2016

Here Are The 6 Most Important Things To Know About The Paytm Payments Bank That Opens Today!

PayTm is fast becoming a force to reckon with in the online space.

From recharges to bill payments to shopping to becoming a cash replacement platform, Paytm has grown over the years and is making a huge jump this month. Let’s get familiar with their Payments Bank that opens up today.

1. Starting 21st December, all Paytm wallets will be compulsorily shifted to the Payments Bank.

2. You would not need any extra documentation or details to register as a Bank account holder.

3. All account holders will get an International debit card free of cost.

4. There will be NO charge for transfer to and from your physical bank accounts to Paytm bank.

5. More than 150 million users will be shifted to payments bank, making it the largest payments bank in India.

6. All account holders will get a nominal savings interest rate; the %age is not yet known.

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