Paytm Payments Bank Goes Live With Offers Like 4% Interest, Cashback On Deposits And Much More

New hope for small vendors!

"I will Paytm the amount to you"... hasn't the world become a better place after the introduction of Paytm?! It certainly has!

Millions of merchants have so far downloaded the app, altogether making purchasing from tea stalls, vegetable shops effortless. 

Making payments even easier, Paytm has now launched its payments bank. The digital payments firm which is targeting to reach 500 million customers by 2020 introduced its payments bank with 4 percent interest rate, zero fees on online transactions, cash backs on deposits and no minimum balance requirement.

The company that has become the biggest alternative for cash is all set to establish KYC centres across the country so as to assist its customers in opening accounts.

Chairman of Paytm Payments Bank, Vijay Shekhar Sharma, had a dream to change the way of banking and hence this surely must be a big milestone for him. Sit back and enjoy the deal!