In this article we will show you the solution of how to open Paytm bank account, one of the most widely used digital payment services in India is Paytm, which enables a user can link or add existing bank accounts and send money instantaneously to every bank account and UPI address.

Using the Paytm Wallet, you can instantly send money digitally for free to anyone. With no account opening fees or minimum balance criteria, Paytm Payments Bank enables you to start a Digital Savings Account.

With Paytm Payments Bank, opening a savings account is not impacted by the old-age pattern.

The user merely needs to complete their KYC at this point. This is a list of the quick, digital, and online steps of opening your savings account using Paytm Payments Bank.

Step By Step Guide On How To Open Paytm Bank Account :-

1. Open google play store upon your device to download a most recent Paytm app.
2. When you first start the Paytm app, a Bank option will be located in the bottom right corner of the screen. To access the bank functions of the Paytm app, simply tap.
3. Your device's home screen will appear after you download the Paytm app. Open the Savings Bank Account symbol and click it. You will now see an option to "Open your Savings Account" if you haven't already registered for the savings account. It was a zero-balance account, so you're not required to maintain a balance. To open your account, select that option.
4. After reading the T&Cs, click Continue. Now that you have added a Paytm passcode, you must input it each time you access the Paytm payments bank. Enter a pin of four digits.
5. Simply touch just on tick mark logo inside the bottom righthand corner of the screen after entering the four-digit pin. The four-digit pin that you supplied will be saved.
6. You will need to input the Paytm passcode again to confirm it. Hence, input your four-digit passcode once more in the designated field.
7. Having verified that password you supplied matched and was accurate, press on the checkmark to continue entering the Paytm passcode. Type in and verify your passcode.
8. Your device may show the option to Add a candidate and complete all the required fields when you enter the passcode. Moreover, you must select the nominee. The I wish to add another nominee now button can be tapped in order to select the nominee.
9. Click "Proceed" to begin the process of opening a savings account at Paytm Payments Bank. Your "Paytm Bank Savings Account" is now available to you.
10. To continue using the Paytm app, log in.

Conclusion :-

The procedure for opening a savings account with Paytm Payments Bank is different from the procedure for opening a regular bank account.

The KYC process should be finished, there is no list of documents that can provide or account opening form must fill out as part of the procedure.

The customer may utilize the Paytm Payments Bank video "KYC" process for complete their KYC if it is not yet complete.

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