Rates & Charges

• Bank Account
  Minimum account balance NIL

  Interest Rate 2.5% per year, payable monthly

  SMS Alerts₹10^** per quarter

  Charges applicable for -
  • Credit below Rs 500 for bank
  • Credit below Rs 500 for wallet
  • Debit below Rs 50 for wallet
  
  ** wef 15th July 2020
  Historical Interest Rates on Paytm Payments Bank Saving Account
  Till 08-11-20194%

  09-11-2019 to 08-05-20203.5%

  09-05-2020 to 09-06-20203%

  10-06-2020 to 22-05-20212.75%

  From 23-05-20212.5%
• Debit Card Transactions
  Domestic Transactions
  Paytm Payments Bank ATMsUnlimited Free Transactions using Paytm Payments Bank Debit Card

  Other Bank Metro ATMsMumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad3 free every month; post that

  • Cash withdrawal: ₹ 21/txn*
  • Mini statement, Balance check, PIN change: ₹ 8/txn*

  Other Bank Non-Metro ATMsOther than the 6 cities mentioned above5 free every month; post that

  • Cash withdrawal: ₹ 21/txn*
  • Mini statement, Balance check, PIN change: ₹ 8/txn*
  Note: In cases where transactions have been done at both Metro and Non-Metro ATMs, customers are provided 5 free transactions in a month with a cap of 3 free transactions at metro ATMs
  International Card Transaction Charges
  Cross-currency Markup Charges on foreign currency transactions4%* of transaction amount (Merchant payment / Cash withdrawal)

  International ATMs

  • Cash withdrawal: ₹ 147.50/txn*
  • Mini statement, Balance check, PIN change: ₹ 29.50/txn*
  * Rates are inclusive of taxes

• Online Funds Transfer
   
  IMPSFree unlimited

  UPIFree unlimited

  NEFTFree unlimited

  To another Paytm Payments Bank account or Paytm walletFree unlimited
  *Charges applicable for retail customers
• Paytm ka ATM (Banking Point/ Home visit service)
  Domestic Money TransferMinimum Rs. 10 or 1% per transaction (Whichever is higher)

  Cash Deposit, Cash Withdrawal, Add Money to Wallet and KYCNIL*

  KYC home visit service₹ 150*
  * Rates are inclusive of taxes

• Schedule of charges: Paytm Wallet
  Loading money into Paytm Add money to wallet via any mode other than Credit, Corporate and Prepaid Card – NIL

  All transactions of loading money into wallet via Credit Card will be charged up to 2.5% (inc. of GST). Also, all transactions of loading money into wallet using American Express, Corporate Card or Prepaid Card, will be charged up to 3% (inc. of GST).
  
  A surcharge of up to 2% will be applicable on users who have added money in their wallet using Credit, Corporate or Prepaid Card and taken it to the bank account for an amount greater than or equal to INR 5000 per month, in the current or either of the last three calendar months.
  
  For example: If a user adds INR 8000 to his Paytm Wallet using Credit, Corporate or Prepaid Card in a month, spends INR 2000 for payment using Paytm and takes INR 5000 or more from the remaining amount to bank account in the same month. Then, the user will be levied with a surcharge of up to 2%, on the amount being taken from wallet to bank account, for current and next three calendar months.

  Purchase at merchant site*Nil

  Paytm to Paytm Wallet TransferNil
  *As per contract with merchants. Convenience charges may be applicable on certain merchants.
•  
  Paytm Wallet to Bank Transfer – KYC Customer
  Wallet to Bank transfer charges – 5%

  100% discount offered on transfer charges for all the customers.

  Paytm Wallet to Bank Transfer – Business PartnerAs per terms with Business Partner

• Limits: Bank Account (Non-PAN- Form 60 users)
  Cumulative Fixed Deposit Amount annually with Partner BankUp to Rs. 3 lakh

    
• Limits: Paytm Wallet
   
  Loading Money using Credit Card per UserUp to Rs. 2 lakh over last 30 days

  Loading Money using single Credit Card across multiple usersUp to Rs. 2 lakh over last 30 days

• Limits: Savings Account
   
  Loading Money using Debit CardUpto Rs. 10,000 per card
  Upto Rs. 10,000 per month
  *wef 25th May 2020 – Add money to Savings Account via VISA & Mastercard debit card will no longer be available

• Limits: Savings account and Individual Current Account
  Upto Rs. 10 lac in a day from an account
• Limits: Corporate flows
  Current Account:Upto Rs. 1.5 cr to a beneficiary in a day

  Nodal account:Rs. 1 cr through NEFT/RTGS per transaction

  Payouts:Rs 10 cr through NEFT/RTGS per transaction
  *These are default limits assigned to clients at the time of account opening

• Service Charges: Cash Delivery
  Slab 1INR 200 inclusive of taxes for Cash Delivery of INR 500 to INR 1000

  Slab 2INR 250 inclusive of taxes for Cash Delivery of INR 1100 to 2000

  Slab 3INR 300 inclusive of taxes for Cash Delivery of INR 2100 to INR 10,000
• Special Charges for Senior Citizens
  INR 150 inclusive of taxes for Cash Delivery of INR 500 upto INR 10,000
  *Service Charges for Cash at Home services with be applicable from 14 August 2020 for Senior Citizen Customers

• Charges: Gift Voucher
  Buying or Sending Gift Voucher via any mode other than Credit, Corporate and Prepaid Card – NIL

  All transactions of buying Gift Voucher for self or others via Credit Card will be charged up to 2.5% (inc. of GST). Also, all transactions of buying Gift Voucher for self or others using American Express, Corporate Card or Prepaid Card, will be charged up to 3% (inc. of GST).
  
  A surcharge of up to 2% will be applicable on users who have added money in their wallet using Credit, Corporate or Prepaid Card and taken it to the bank account for an amount greater than or equal to INR 5000 per month, in the current or either of the last three calendar months.
  
  For example: If a user adds INR 8000 to his Paytm Wallet using Credit, Corporate or Prepaid Card in a month, spends INR 2000 for payment using Paytm and takes INR 5000 or more from the remaining amount to bank account in the same month. Then, the user will be levied with a surcharge of up to 2%, on the amount being taken from wallet to bank account, for current and next three calendar months.

• Statements and Certificates
  Online passbook Free Online Passbook and Email Statements

  Email statements Free

• Have more questions?

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