Paytm Payments Bank Limited has been prohibited by Reserve Bank of India from opening any new accounts and wallets with effect from June 20, 2018 on account of violation of certain licensing conditions and operating guidelines. However, no restriction has been placed on the bank for servicing its existing customers.

Our account opening process is digital

Steps to open your Savings Account
  • Download the latest version of Paytm App.

    Open & click on Savings Bank Account icon.

    1
  • Read the T&Cs and
    click on Proceed.

    2
  • Enter & confirm
    your Passcode

    3
  • Add a nominee & fill in all the
    necessary details

    4
  • For KYC Customers

    Your Savings Account will be opened in a few minutes

  • 5
  • 6
  • For Non-KYC Customers

    Submit the necessary KYC details.

    A Paytm representative will contact you to fix an appointment to complete document verification.

    Upon successful verification, your Savings Account will be opened.

  • 5
  • 6
© Copyright 2017, Paytm Payments Bank
© Copyright 2017, Paytm Payments Bank