Paytm payment bank: Paytm Payments Bank offers zero

Paytm Payments Bank offers zero balance accounts, digital passbooks, virtual debit cards, and hassle-free banking services tailored for financial inclusion in India. As of 2025, Paytm is not banned in India, but the Reserve Bank of India (RBI) has restricted Paytm Payments Bank from accepting deposits, top-ups, or credit transactions after March 15, 2024, due to persistent non-compliance issues. This has led to confusion around the claim that Paytm is banned in India. In reality, only Paytm Payments Bank services are affected, while Paytm’s UPI, wallet, and merchant services continue to function through partner banks . Download Paytm Payments Bank app to open a digital account with no minimum balance and enjoy fast payments, automatic EMI and FD options, and a free Visa debit card. Paytm Payments Bank is trusted by over 30 crore Indians and won the Shrestha Puraskar award in 2023. Find out what will happen to your Paytm Payment Bank account after March 15, 2024. Learn how to use Paytm app for UPI, recharges, bill payments, ticket booking, wallet, transit card, QR and more.