Himani Chowdhary Instagram – Here’s more Details ⬇️
*No New Customers: As of March 11, 2022, Paytm Payments Bank is no longer accepting new customers.
*Existing User Accounts: If you’re already using Paytm Payments Bank, here’s what you need to know:
* Accessing Your Funds: The good news is that you can continue to withdraw all your money from your account, including savings, current accounts, wallets, FASTags, and National Common Mobility Cards. This even includes any interest or cashback you’ve earned!
* Limited Services After February 29, 2024: Important to note, most banking services will be unavailable after February 29, 2024. This means you won’t be able to add money, send money, or utilize features like fund transfers, BBPOU, and UPI.
* Linked Accounts: Pay attention if you have Paytm or One97 accounts linked to your Paytm Payments Bank account. These connections will be automatically terminated by February 29, 2024.
* Transaction Completion: Don’t worry, any pending transactions initiated before February 29, 2024, will be settled by March 15, 2024. However, no new transactions will be permitted after that date.
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What To Do Next:
* Withdraw Your Funds: If you plan to move your money elsewhere, be sure to withdraw it before February 29, 2024.
* Explore Alternative Banking Options: Consider opening an account with another bank
#paytm #rbi #paytmpaymentsbank #thehimanichaudhary | Posted on 01/Feb/2024 20:27:53