Products

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. 1 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 4% per annum paid every month

  • 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

Power of Digital Current Account
for your business

Instant Alerts
Highly secure business and
transactional details

Backed by highly secure infrastructure and two-factor authentication.

Instant Alerts
No account fees
and charges

All the convenience of banking with no charges for online or offline transaction

Instant Alerts
Instant alerts and
real-time updated passbook

Get immediate alerts for any transaction from your current account

Monitor your funds through Corporate banking panel

Enjoy the privilege of 24 hour net banking to check account, user and transaction details

Paperless and easy onboarding

Open your Current Account in minutes.

Say hello to your

Paytm Payments Bank Debit Card

Every Paytm Payments Bank account comes with a free Digital Debit Card to pay online.
Order your physical Debit Card to withdraw cash from ATMs and pay at stores across India!
  • Free insurance

    Get free insurance cover of up to Rs. 2 lacs in the incident of death or permanent total disability.
    Detailed T&C.

  • Cashback and Offers

    Enjoy Platinum benefits such as discounts and cashbacks across a large number of merchants.
    RuPay Offers.

  • Wide Acceptance

    Swipe it at stores across India or pay for your online spends. Withdraw cash at more than 200,000 ATMs across India.

  • Concierge Services

    Complimentary access to concierge services. Domestic toll-free number -1800-26-RUPAY (78729).

  • Domestic Airport Lounge Access

    Enjoy 2 complimentary visits per calendar quarter to select domestic airport lounges across India. Click here for the complete list.

  • Use QR code on your Debit Card to receive money instantly.

Payments

Transfer funds and make payments to any bank across India
  • NEFT

    National Electronic Funds Transfer is a nationwide funds transfer system. You can transfer funds to Paytm Payments Bank a/c from any account. Now there is no need to queue in a branch counter, deposit cheques or demand drafts, or wait for days for confirmation. Enjoy the convenience of transferring money every day from 8:00 AM – 6:30 PM except on 2nd & 4th Saturday & every Sunday.

  • IMPS

    (Immediate Payment Service) is an instant real time inter-bank electronic fund transfer service which is available 24 hours a day, 7 days a week. The money is credited immediately into the beneficiary’s account. Thus, you can use this service to receive or send money any time during the day, even on Sundays and bank holidays.

  • UPI

    Funds transfer just became more convenient, faster and safer. You can receive or send money using only your UPI id. There is no need to share any personal details like IFSC Code, account number or mobile number. Moreover, there is no need for beneficiary registration, and the transactions are authorized by a secret MPIN known only to you. This service will be available soon.

Paytm Wallet

 

Hassle Free Payments

The most seamless way to pay whether online or in store, just a click and its done

Accepted Online & In Stores

The most accepted Payment method with more than 6 Million merchants in our network

Auto Top Up

Auto top-up your wallet, to ensure you have the balance when you need

Receive Cashbacks in your Wallet

Receive Cashbacks from our Partners in your Paytm Wallet

Send & Receive Money for Free

Send Money or Accept Money from any Paytm User at no charge at all

Real time updated Passbook

View your transaction and balance in real time in Paytm Passbook

Send Money to Bank Account

Send money to any bank account with a nominal charge from your Paytm Wallet

Pre-Authorize a Transaction

Customers can pre-authorize trusted merchants to do a transaction on their behalf on fulfillment of a product/service.

No account fees and charges

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

Paytm Food Wallet

Provide tax free meal allowance to your employees
Accepted by lakhs of merchants and used by thousands of employees

Benefits for Employers

  • Compliant

    Meal benefit as per IT rule

  • Convenient

    No hassle of procurement, handling and distribution of cards / vouchers

  • Effective

    Do it yourself; Digital facility to send benefit instantly

  • Secure

    Set user rights as per company policy; Bank and peer transfer not allowed

Benefits for Employees

  • Save Tax

    Save tax while spending on food and beverages

  • Delightful

    India’s largest proprietary network of merchants; Exciting offers

  • Safe

    No carrying cards or coupons; No risk of loss or expiry

  • Easy

    Pay through mobile; Instant balance check; Locate stores in app

Know More

Paytm Cash

One solution for multiple cash disbursal needs
  • Incentives

    Incentivise performance of your employees or business partners by Paytm Cash

  • Refunds

    Send refunds to your customers, business partners using Paytm cash

  • Reimbursements

    Send any type of claim amount to your employees from the Paytm dashboard

  • Referral

    Send referral cash to incentivize customers to grow your network

  • Acquire Customers

    Send Paytm cash to users and increase your visibility
     

  • Loyalty

    Rewards your customers by sending Paytm Cash
     

  • Marketing

    Use Paytm cash to create awareness about your brand
     

  • Loan Disbursal

    Provide loans to anyone on the country from your Paytm dashboard

Know More

Zip through Tolls!

Buy Fastag & Get 7.5% Cashback on all Toll Transactions
Fastag
RFID Technology

The tag employs Radio-frequency Identification (RFID) technology & is affixed on the vehicle's windscreen & lets you pass through the toll plaza without stopping at the cash counter

Paytm Payment Bank
Paytm Payments Bank Account

FASTag is linked to a Paytm Wallet from which the applicable toll amount is deducted.

350+
More than 350 Toll Plazas

FASTag is presently operational at more than 350 toll plazas across national highways, more city and state plazas will be on-board in future

More details
© Copyright 2017, Paytm Payments Bank
© Copyright 2017, Paytm Payments Bank