Payment and e-commerce company Paytm has started its Paytm Payments Bank. Paytm was the first such payment bank in India where customers will be given cashback. Also, no fee will be charged for any type of online transaction. And also there is no service condition of maintaining minimum balance in the account. The company’s goal is to connect people with more and more digital ecosystem with their money. Under this mission, Paytm has made a target of connecting half a billion people of India with its payment bank.
Paytm Payments Bank Netbanking Login
Paytm has obtained license from RBI for its digital wallet. After which Paytm has launched its Paytm Payments Bank. Facility like giving loans and advances to customers is not available in Paytm Payments. Paytm Payments can issue check books, debit cards to users, but cannot issue credit cards.
In Paytm Payments customer can deposit up to Rs.100000 only.Payment Bank is a new model of banks envisaged by the Reserve Bank of India and it can accept restricted deposits, which are currently limited to 100,000 per customer and can be increased further.
Both current account and savings account can be operated by such banks. Payment banks can issue services such as ATM cards, debit cards, net-banking and mobile-banking. PayTM Bank is a new type of bank which is recognized by Reserve Bank of India.
Now after becoming PayTM Bank, any customer can keep deposits up to Rs 1 lakh in his wallet, savings or current account. Also, it will now start offering Debit Cards, Online Banking and Mobile Banking services like other banks.
Paytm Payments Bank- Information
|Name of the Bank||Paytm Payments Bank|
|Customer Care Number||0120-4456-456|
|Net Banking Login URL||netbanking.paytmbank.com|
PPB- IFSC Code, Customer Care Number
Internet banking has many benefits and it makes banking operations very easy. But security is also very important to keep in mind while using online banking.Identifying the official website of the bank whose internet banking you use. Both website and app are available for internet banking.
Therefore, you only use the official website and apps of the bank to login. 0120-4456-456 is the Customer Care Number of Paytm Payments Bank and you can connect with them on this number and here PYTM0123456 is the IFSC Code of Noida Branch of Paytm Payments Bank. Such fake similar websites can also be found on the Internet which looks like your bank’s website but they are fake. You should come to recognize such fake websites.Never share your online banking user ID and password over a phone call.
Steps to do Paytm Payments Bank Netbanking Login
- Open the URL www.paytmbank.com on your web browser.
- On right top of the homepage you can see Netbanking Login
- Click on it and then you will be taken to the next page.
- Now fill the registered paytm mobile number or email id and paytm password
- Then click on, login securely and then you will get the options for online service by Paytm Payments Bank
Paytm Payments Bank Netbanking- FAQs
PayTM Bank is not permitted to lend to customers and can partner with other financial organizations for financial products such as loans, insurance, mutual funds, pension funds, etc.
PayTM Bank provides the service of opening Current Account for any business and Savings Account for any person in which interest will also be given to you.
You will need to complete KYC to open an account with PayTM Bank and can digitally sign up to open an account and access a range of other financial services.