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How To Link Bank Account With Paytm

🕐 1 Jul 23

How To Link Bank Account With Paytm

In this article we will show you the solution of how to link bank account with paytm, because of its users, Paytm seeks to render digital payments quick and simple. Paytm has gone a step further by allowing customers to link their bank account information to their Paytm profile, easing the user experience with online money transfers.

Paytm is one of the most used apps in India. It’s a payment platform that helps in sending or receiving money.

Most users in India use it for transferring money via the Unified Payment Interface (UPI).

If you connect your bank account to Paytm, you can quickly do a number of transactions using the UPI (Unified Portal Interface).

Also, you won't need to enter your bank information each time you conduct a transaction.

You can easily make the payment by choosing the recipient's number from your phone's contact list! But you must make sure that the phone number you use to register for a Paytm account matches the one you use to register for a bank account.

Step By Step Guide On How To Link Bank Account With Paytm :-

  1. After logging in to the app, you must launch the Paytm programme and proceed to the "Profile" area if you wish to link you Paytm account to the a new bank account.
  2. Click on "Payment Settings" in the newly opened left sidebar, followed by "UPI & Connected Bank Accounts."
  3. The Paytm app will now display all of their linked bank accounts on the following screen. You may see the option to "Add New Bank Account" by scrolling down.
  4. This will take you to a website with a list of different banks where you can choose your bank and provide the necessary information to link it to you Paytm profile. The new bank account will be automatically linked to your Paytm account via the Paytm app, which will retrieve the account information associated with your mobile phone.
  5. After finished, you can use Paytm to send and receive money, recharge your phone and pay your bills, shop, and use a variety of other services all at once.

Conclusion :-

A UPI ID is generated as soon as you sign up for a Paytm account. Also, you are able to add multiple bank accounts and create unique UPI IDs for all of them.

However, Paytm selects one of the numerous bank accounts you enter as you default bank account, which you can alter as needed.

I hope this article on how to link bank account with Paytm helps you and the steps and method mentioned above are easy to follow and implement.