Paytm Payments Bank Ltd

Paytm Payments Bank Limited is the Indian Payments bank set up in Noida in 2015, offering various services like the RTGS, Savings Account, Current Account, UPI, IMPS, NEFT, and Net banking and is headquartered in Noida. The slogan is PAYTM KARO.

Factsheet of Paytm Payments Bank Ltd
Bank NamePaytm Payments Bank Ltd
Founded inNA
Promoters/foundersShri Vijay Shekhar Sharma
Headquarter Address

Paytm Payments Bank Limited
V.J. Business Towers
Sector 125
Noida
Uttar Pradesh 201303

Employee's10000
Type of BankPayments Bank
Official Websitehttps://www.paytmbank.com/about
Customer Care Number0120-4456456,0120-4818901

History of Paytm Payments Bank Limited

Paytm Payments Bank Limited believes in bringing many people under our services like Online Banking and others. It is an Indian Payment Platform created by Mr. Vijay Shekhar Sharma bringing the process of making any payments to any services at your fingertips. Reserve Bank of India gave the license to the Paytm to operate by giving the license in the year 2017. The bank received the Scheduled Bank from the Reserve Bank of India.

The finance minister Mr. Arun Jaitley Launched this payment application on November 28,2017 and till date has done more than 600 Crore transactions. It also received the approval for @Paytm UPI handle  from the SEBI (Securities and Exchange Board of India).  Paytm entered into IndusInd bank to offer the fixed deposits to the people and also entered into a long standing agreement with Mastercard to offer fixed deposits to the account holders in India.

Shri Vijay Shekhar Sharma is billionaire businessman, an Indian technology entrepreneur and a great leader and led the rise of Paytm enterprises. Mr. Satish Kumar Gupta is the CEO of Paytm Payments Bank Limited. The slogan PAYTM Karo appeals to the minds and hearts of every Indian.

Banking Services offered by the Paytm Payments Bank Limited

Paytm Payments Bank Limited is excellent in offering various banking services and some of them are as follows:

  • SMS Alerts.
  • Net Banking.
  • Email Alerts.
  • Paytm Wallet.
  • E- Statements.
  • Salary Account
  • Nodal Banking.
  • Mobile Banking.
  • Savings Account.
  • Current Accounts.
  • Business Accounts.
  • Utility Bill Payments.
  • Safe Deposit Lockers.
  • Debit and Credit Cards.
  • Virtual Payment Accounts.

Loan and credit facilities offered by the Paytm Payments Bank Limited

There are various credit and loan services offered by the Paytm Payments Bank Limited and they are:

  • Car Loan.
  • Home Loan.
  • Personal Loan.
  • Business Loan.
  • Pay Gold Loan.

Awards and Recognition

  • Paytm has won Celent Model Bank 2019 Award.
  • Paytm was awarded the RBI Asia Trailblazer Award by Retail Banker International in 2019.
  • Paytm Payments Bank was awarded the ASSOCHAM'S FinTech & Digital Payments Award 2021.
  • Paytm won the Finacle Client Innovation Award, 2020 for the category of Ecosystem-led Innovation.
  • Paytm Payments Bank received the Digital Payments Award for outstanding performance from the Government of India.
  • Paytm was awarded the ETBFSI Excellence Award under the category 'Best Digital Bank of the Year' by The Economic Times.
  • Finacle Client Innovation Award under categories such as process innovation, innovative custom components and product innovation from Infosys.

Paytm Payments Bank Ltd has 2 IFSC connected branches in India. Bank has branches in following states:

  • UTTAR PRADESH

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