Paytm Payments Bank

Paytm want you to use the account. airtel wants you to keep the money in the account. big difference between the two. you can apply to get a cheque book and debit card from paytm. the aim of the two companies is very different wrt services. airtel is charging for everything iirc... paytm is offer free deposits and withdrawals.
 
they are also reportedly giving 1% cashback to first one lakh (or one million?) customers who deposit Rs. 25000 on account creation from what i saw on some shitty news website.

Paytm launches Payments Bank: All you need to know in 10 points Paytm launches Payments Bank: All you need to know in 10 points | Gadgetsnow.com

Paytm's payments bank will offer an interest rate of 4% on deposits. To get the initial set of users on board, Paytm will give cashbacks to the first 1 million account holders. The bank will also offer a cashback of Rs 250 to customers depositing Rs 25,000 in the payment bank.
Click to expand...
 

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seems to have opened registration.
 
Last edited:
aap katar mein hai 😀

interestingly, Paytm is not giving any info on the rumored cashback for initial depositors. i do not want to register without knowing more details about debit card and cheque book related information.
 

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