Deposit any amount in your Paytm Payments Bank account for future. There is no minimum balance required. Book an FD* and break it easily without penalty* or set limits on the balance in your account for booking of FD*. It's simple and quick.
*FD is with partner bank
Be Friends with Innovative Banking
Banking is fun with Paytm Payments Bank. Starting from opening an account through Video KYC, saving money regularly in it to making payments, everything is customer-friendly.
Virtual Debit Card for Smooth Payments
Free Virtual Debit Card is smartly designed to assist you with all your instant purchases while making the most of personalised offers & benefits. Get your physical debit card through Paytm app.
An Account that's Flexible & Supportive
Quickly view all your real-time transactions including Wallet & Savings Account balance in Passbook.
Automate your recurring payments such as EMIs, insurance payments, SIP deductions via NACH.
Convenience is the Key
Stay informed at every step via instant notifications. You can easily download statement too.
Safety & Security
Your digital account comes with a special Paytm Passcode. Register for instant alerts if you want.
Frequently Asked Questions
How can I open a Paytm Payments Bank Savings Account?
The steps to quickly open a Paytm Payments Bank Savings Account are as follows:
Open Paytm App
Click on 'Bank' icon on the home page
Set a Passcode
Create an account (if you are a KYC customer as otherwise book a KYC appointment first)