What is Paytm Payments Bank? How To Use it? - 24TechZone

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Monday, June 24, 2019

What is Paytm Payments Bank? How To Use it?

Well, In Digital Era, Most Of Us Know About Paytm, It Is Online Payment System And Digital Wallet Created By Vijay Shekhar Sharma In 2010. We CAn Do Online Recharges, Pay Electricity Bill, Pay Credit Card Debts And Many More.

Paytm Has Started Its Banking Services In 2017. It Is Virtual Bank And You Have Two Options To Do KYC (Know Your Customer). either By Aadhar Verification With OTP. Which IS Valid For One 1 Year Or You Opt For KYC By Agent Or By Visiting A Local Kyc Store.

Benefits Of Full KYC Are
  1. You can open account instantly with Aadhaar card Or Any Govt. Id
  2. Deposit maximum 1 lac.
  3. You will get  Virtual Debit card As Well Physical Card.
  4. Cheque book, passbook facility
  5. Free online transactions charges
  6. Mobile banking, Internet banking facility
So Last week I Decided To Go For Full KYC, I Visited My Near Kyc Centre Along With PAN Card And Govt, ID . It Took Almost 4 Days For Verification Of Documents. I Received Sms Upon Verification.

This Is How Your Paytm Payments Looks Like.

These Rates For Physical Cards And Cheque Books.

So It Is Good Option For Online Banking. You Should Try It Out.

1 comment:

  1. Most banks offer online banking, and you can pay your bills, transfer money, and access a record of your checking account transactions, all from your web browser. Find the best app for online banking from cloudbase3.com/revolut-review.


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