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
  Micro ATMs Transaction Charges
  Other Bank Micro ATMs5 free every month; post that

  • Cash withdrawal: ₹ 21/txn*
  • Mini statement, Balance check, PIN change : ₹ 8/txn*
  * Micro ATM is a mini form of an ATM. Micro ATMs are like customised Point of Sale (POS) terminals that can be connected to the banking network via GPRS to perform banking transactions.

• Cheque Book
  10 leaf book₹ 100

  25 leaf book₹ 150

  Cheque return charges due to financial reason₹ 500*
  * This will be effective from 10th July 2021

• 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 Adding money to Wallet through any funding source other than Credit, Corporate, Prepaid Card and Net Banking (other than through Paytm Payments Bank) – 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.
  
  Adding money to Wallet through Net Banking (other than through Paytm Payments Bank) will be charged up to 1.5% (exc. of GST). Please use UPI for Adding Money to Wallet for free.
  

  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 – 0%

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

  Paytm Wallet to Bank Transfer – Business PartnerAs per terms with Business Partner
  Wallet Maintenance Charges
  A nominal maintenance fee will be charged to all users each quarter for maintenance of their Paytm Wallet from 1 January 2023. This fee will be waived off for users who have made at least one Wallet transaction in the last 2 years. These charges are levied for the recovery of costs for services offered by Paytm Payments Bank for maintenance of user wallets. Full KYC users will be charged a fee of INR 15 per quarter (excl. GST), while all other users will be charged INR 5 per quarter (excl. GST).
  
  Users can get maintenance charges waived off by either Adding Money to their Paytm Wallet or by making a transaction using Paytm Wallet within 30 days of charges being levied. Alternatively, users will be allowed to close their Wallet to get these charges waived off. These charges will be refunded/provided as Cashback to users.
  
  No maintenance charges will be levied for users with zero Wallet balance. If the user’s Wallet balance is less than the charges levied, the entire Wallet balance will be debited and Wallet balance will be zero. Users can reach out to us in the Help & Support section on the Paytm App to get these charges refunded or for any additional clarification required.

• 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 and Individual Current Account
  Upto Rs. 10 lac in a day from an account
• Limits: Corporate flows
  Current Account:Upto Rs. 49.99 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 through any funding source other than Credit, Corporate, Prepaid Card and Net Banking (other than through Paytm Payments Bank) – 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.
  
  Buying or Sending a Gift Voucher through Net Banking (other than through Paytm Payments Bank) will be charged up to 1.5% (exc. of GST).

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

  Email statements Free

• Have more questions?

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