Dear Customer, please note that Savings Account interest rate will change to 2.5% with effect from 23rd May 2021.|As per the Govt guidelines, few banking services are categorised as essential services. We therefore are committed to serve you and shall be operational with our revised business hours with effect from March 27, 2020 till further notification.|Revised business hours : Monday to Saturday 10 AM to 2 PM (closed on 2nd and 4th Saturdays and Sundays)|Services available at branch till further notification : Cash Withdrawal and Deposit.
No fear.
No greed.
No entitlement.

India’s most sincere bank is here!

Join the Revolution.

Start your Digital Savings Account today!

Paytm Payments Bank offers a Savings Account with no account opening charges or minimum balance requirements. Keep upto Rs. 2 lac of deposits and enjoy benefits like:
  • No account fees and charges

    Enjoy the convenience of banking on your phone and no charges for online transactions

  • Risk-free deposits

    Your money is safe with us. We invest deposits only in government bonds. None of your deposits will be converted in to risky assets.

  • Rupay Debit Card

    Use your free virtual card to make online purchases across all merchants accepting RuPay cards. You can order a physical debit card through your Paytm App

  • Earn interest every month

    Earn an interest of 2.75% per annum paid every month

    *w.e.f 23rd May 2021 – Savings Account Interest Rate will be 2.5%
  • Real time updated Passbook

    View your transaction and balance in real time in Paytm Passbook

  • Highly Secure

    Your account is secured with a special Paytm Passcode to ensure your account is safe

Open your Paytm Bank account today!

Click Here

Say hello to your

Paytm Payments Bank Debit & ATM Card

Every Paytm Payments Bank account holder will be issued a free Digital Debit Card at the time of account opening. Account holders can request for a physical Debit Card through their Paytm App
  • Accepted online

    Use your Rupay Debit card across most online websites and apps in India

  • card benefits

    Enjoy benefits such as discounts and cashbacks across a large number of merchants

  • Free insurance

    Get a free insurance cover of upto Rs. 2 lacs in the incident of death or permanent total disability according to the terms and conditions.

  • Withdraw Cash from any ATM

    Withdraw cash at more than 200,000 ATMs across India

  • Shop at any store

    Swipe your Card at stores across India

  • QR code on your Debit Card

    Your Debit card will have a QR code to receive money instantly

All your questions answered

Our account opening process is simple and completely digital. Click here to know more.

To complete full KYC of your PPBL account, you need to complete in-person verification by visiting a nearby KYC center. To become a KYC user, please follow the link below:

On opening savings account, you will get a digital card. To apply for a physical Card, kindly follow the steps below

  • Launch your Paytm app
  • Tap on the ‘Bank’ icon at the bottom right corner of your screen
  • Scroll down and choose the option ‘Digital Debit Card’
  • Choose the option ‘Request ATM Card’
  • Select your delivery address and click on ‘Proceed to Pay’
  • Your order will be placed once the payment is successful.

You will be able to track the delivery status of your card through your app