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. 2 lakhs of deposits and enjoy benefits like:
Know MoreNo 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.
Free Virtual Debit Card
Use your virtual debit card to make effortless online transactions at your favourite merchants across the world. You can also order a physical card for Instore and ATM transactions at a minimal charge of Rs.250
Earn interest every month
Earn an interest of 1.5% per annum, payable monthly effective 16th March, 2026
Real time updated Passbook
View your transaction and balance in real time in Passbook
Highly Secure
Your account is secured with a special Passcode to ensure your account is safe
Experience The Power Of
Corporate Salary Account
Banking made simple, secure and now at your fingertips
Benefits for Corporate
Instant Account Opening
Enjoy hassle free and swift onboarding of employees.
Employee Management Panel
Get information about your employee's salary account status realtime from our panel.
Faster Corporate Onboarding
Onboarding complete in a single visit by our representative
Dedicated Relationship Manager
Our representative is a phone call away for your end to end support.
Benefits for Employees
Life time free Account
- No Account opening fee - No minimum balance - Free transactions
Enjoy complimentary virtual debit card
Enjoy free virtual and physical debit card
Earn upto 6.75% on Fixed Deposit
Redeem fixed deposit instantly in a single click
FD with Partner Bank
Power of Digital Current Account
for your business
Submit your requestHighly secure business and transactional details
Backed by highly secure infrastructure and two-factor authentication.
No account fees and charges
All the convenience of banking with no charges for online or offline transaction
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 Netbanking to check account, user and transaction details.
Click here to loginPaperless 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!
Effortless Activation
With just a few clicks on your app, activate your card anytime, as per your convenience.
Instant PIN Change
Does someone know your ATM PIN? Don't worry. Change your PIN instantly from your phone anytime.
Temporary Card Block
Say Goodbye to unwanted customer care calls and doubts! Temporarily block your card from your App in a second.
Limit Update
From your App, adjust your daily spend limit as per your requirement.
Card Settings
Different needs? Smartly enable or disable transaction channels for your Debit Card, from your App.
Unlimited ATM Withdrawals
Make countless transactions at Paytm Payments Bank ATMs. Moreover, avail ample withdrawals at other bank ATMs for free!
Visa Debit Card
Contactless transactions via VISA Physical card
Enjoy smart contactless Tap to Pay transactions that are faster and smoother.Cashback and offers
Enjoy discounts and cashbacks across a large number of merchants with your Visa card. Explore these offers now! Click for VISA Offers.Wide acceptance
VISA is the largest acceptance network in the world, use it at any online merchant or POS/ATM without any worries.Trust and Security
Do safe and secure transactions 24x7 with your VISA debit card
Rupay Debit Card
Cashback and offers
Enjoy discounts and cashbacks across a large number of merchants with your Visa or Rupay Card. Explore these offers now! Click for 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.
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 24 X 7 X 365.
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.
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Paytm Payments Bank 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 Wallet
Send & Receive Money for Free
Send Money or Accept Money from any Wallet User at no charge at all
Real time updated Passbook
View your transaction and balance in real time in Wallet Passbook
Send Money to Bank Account
Send money to any bank account with a nominal charge from your 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
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
You can now automate your recurring payments such as EMIs, insurance payments, SIP deductions via NACH.
How do I set up a recurring payment on my Paytm Payments Bank Savings account?
- The service provider(such as Airtel, Paytm Money etc) will ask you to fill up a NACH Mandate form and sign it
- In the space provided for account number fill in your Paytm Payments Bank account number and in the space given for IFSC fill in "PYTM0123456"
- Within a few days, you will get a notification on your App which will ask you to authenticate the mandate using your passcode.
How do I authorize the mandate on my App?
- Once your mandate is active, the payment to the service provider will be automated at the desired frequency from your bank account.
- You can also view all your NACH mandates in the "NACH Mandate" Section on your App. This section will be visible to you only when you have an active mandate
Zip through Tolls!
Buy FASTag to enjoy a hassle free highway experience
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
Ease of Use
FASTag is linked to a Paytm Payments Bank Wallet from which the applicable toll amount is deducted. FASTag balance can be checked by simply giving a missed call on 8860-058-048 or by logging into your App
400 +
More than 400 Toll Plazas
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.
