We will bring Half-a-Billion Indians to the Mainstream Economy.

With over 300 million wallets and 60 million bank accounts, we are driving financial inclusion in India.

We started the ‘Digital Revolution’ in India

Be it a zero balance savings account, spend analytics, digital passbook or a virtual debit card, fixed deposit, money transfer, every feature has been thoughtfully created by Paytm Payments Bank to empower unbanked and underbanked Indians.
We have over 100 Million KYC customers, with 0.4 Million users added every passing month. We are also the largest issuer of FASTag with over 8 Million FASTag units issued.

India’s Most Sincere Bank is Helping Millions

India’s Most Sincere Bank is Helping Millions

Get the power of Paytm Payments Bank

This is just a beginning

2017
  • Paytm Payments Bank gets inaugurated by former honorable Finance Minister Arun Jaitley
  • Bank section on Paytm app goes live
  • Opens first branch in Noida
  • Introduces Savings Account
  • Starts offering various services like IMPS, NEFT, RTGS, UPI, FASTag and Netbanking
2018
  • Launches Physical Debit Card (PDC)
  • Starts providing DMT, Nodal Accounts and NACH
2019
  • Successfully launches Current account
  • Wins many prestigious awards including
    1. RBI Asia Truly Digital Bank Award
    2. Finacle Award for Rethinking Debit Cards
    3. Celent Award for Seamless On-Boarding
  • Becomes the first profitable Payments Bank
  • Achieves the target of 50 million account holders
  • Becomes India’s first bank to offer 24X7 NEFT service
2020
  • Introduces on-demand FD and VISA Virtual DC
  • Launches user performance sweep-out limit for FD
  • Starts offering ATM partnership with CMS
  • Introduces Basic Plus Wallet
  • Becomes the only payments bank initiating VIDEO KYC facility
  • Reaches a milestone - achieves 1,000cr in FD
  • Starts providing Current and Savings account on P4B
2021
  • Mastercard DC
  • NCMC
  • Prepaid Card
  • International Remittances
  • Targeted SA

Board of Directors

Vijay Shekhar Sharma

Chairman

Vijay Shekhar Sharma, is the Chairman of Paytm Payments Bank.

He spearheads the Payment Bank’s strategy and vision. A strong believer in emerging technologies, Vijay has played a vital role in the evolution of mobile payments in India.

Having nurtured an entrepreneurial streak for over a decade, he has successfully built businesses in content, marketing, payment and online commerce. One of his aims is to build India's first $100-billion company.

Meet Our Leaders