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The Reserve Bank of India (RBI) has issued a directive restricting Paytm Payments Bank Account/Wallet from accepting new deposits or allowing credit transactions after March 15, 2024. Please note that you will not be able to deposit or add money to your Paytm Payments Bank Account/Wallet after March 15, 2024.
Note: A banking correspondent works as an agent of Paytm Payments Bank to provide banking services as an extended arm of the bank branch - click here to know more about services offered by Paytm Payments Bank Agent. A Paytm Payments Bank account holder can withdraw cash from his / her account up to Rs. Rs.50,000 per month using AePS at any ...
The Reserve Bank of India (RBI) has issued a directive restricting Paytm Payments Bank Account/Wallet from accepting new deposits or allowing credit transactions after March 15, 2024. Please note that you will not be able to deposit or add money to your Paytm Payments Bank Account/Wallet after March 15, 2024.
Registered Address: 136, 1st Floor, Devika Tower, Nehru Place, New Delhi 110019. CIN: U65999DL2016PLC304713
For example: If a user adds INR 8000 to his Wallet using Credit, Corporate or Prepaid Card in a month, spends INR 2000 for payment using Paytm Payments Bank and takes INR 5000 or more from the remaining amount to bank account in the same month.
Do's Dont's; Use a strong password for Mobile Banking: Never share login details, PIN, OTP, or any confidential info over the phone or online. Guard your ATM cards; don't hand them to others.
The Reserve Bank of India (RBI) has issued a directive restricting Paytm Payments Bank Account/Wallet from accepting new deposits or allowing credit transactions after March 15, 2024. Please note that you will not be able to deposit or add money to your Paytm Payments Bank Account/Wallet after March 15, 2024.
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