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Paytm Net Banking – Paytm Payment Bank Net Banking

Paytm Payments Bank is an India-based financial institution that has recently received a scheduled bank status from the RBI. Currently, it is India’s biggest UPI beneficiary bank catering to millions of Indians’ need for fast and easy payments. With Paytm net banking, customers can open Savings and Current Accounts using a Debit Card. Read on to learn about the services available at the Paytm Payment Bank online portal and other essential details.

Paytm Net Banking Services

Following are some of the services that you can avail yourself at the Paytm bank net banking, portal:

  1. Instant updation of your passbook details
  2. Seamless transfer of funds to the beneficiary’s account
  3. Hassle-free online purchase of various items
  4. Payment of credit card and other bills

How to Register to Paytm Net Banking?

Follow these steps to register for net banking at Paytm online portal: 

  • Step 1: Visit the official website of Paytm Payments Bank and click on the ‘Login’ tab. 
  • Step 2: Choose between ‘Corporate Banking’ and ‘Personal Banking’ and click on the option for creating a username. 
  • Step 3: Enter your ‘Registered mobile number’ and other account details and click ‘Submit’. 
  • Step 4: You will receive an OTP at your registered mobile number. Enter the OTP for authentication and click ‘Confirm’. 
  • Step 5: Create a strong password and re-enter it. Then click the ‘Confirm’ button to save it for future use. 
  • Step 6: Read the terms and conditions carefully and click on the box to agree to the ‘Terms and Conditions’. 

This completes the registration process to the online banking portal. Now, you can log in using the username and password and update your profile.  

How to Login to Paytm Net Banking?

You can follow the steps below for the Paytm net banking login:

  • Step 1: Move to the official website of Paytm Payments Bank.
  • Step 2: Click on the ‘Login’ button available on the top right corner of the homepage.
  • Step 3: Choose between ‘Corporate Banking’ and ‘Personal Banking’ options.
  • Step 4: On the next page enter your user ID and password.
  • Step 5: Lastly, click on the ‘Sign in Securely’ button to log in to your account.

How to Reset Paytm Net Banking Password?

You can follow the steps below to reset your Paytm bank net banking password:

  • Step 1: Visit the official website of Paytm Internet banking. 
  • Step 2: Click on the ‘Login’ button to move to the ‘Login’ page. 
  • Step 3: Choose ‘Corporate Banking’ or ‘Personal Banking’ that is applicable.
  • Step 4:  Click on the ‘Forgot Password’ option available on the screen.
  • Step 5: Enter your registered mobile number and click on the ‘Continue’ button. 
  • Step 6: Input the OTP received on your registered mobile number.
  • Step 7: Set a new password and confirm it for future use.

How to Transfer Money via Paytm Net Banking?

There are two simple and heavily used options; NEFT and RTGS, for transferring money via Paytm net banking. Go through the steps laid out for each one to transfer funds online: 

1. NEFT

  • Step 1: Visit the Paytm Payments Bank official website and log in using your credentials. 
  • Step 2: Navigate to ‘Transfer Funds’ and choose ‘NEFT Transfer’. 
  • Step 3: Enter all the necessary details of the recipient’s bank account. 
  • Step 4: Enter the transfer amount, review details and click ‘Confirm’. 
  • Step 5: Print the page out or take a screenshot of the page containing the transaction reference number. 

As per NEFT batch timings, the fund will reach the recipient’s bank. 

2. RTGS

  • Step 1: Go to the official website and log in. 
  • Step 2: Navigate to the ‘Fund Transfer’ section and select ‘RTGS Transfer’. 
  • Step 3: Provide the payee’s account number details including name, account number and IFSC code. 
  • Step 4: Enter the transaction amount and verify the information. 
  • Step 5: Authorise the transaction, and you will get a transaction reference number that you may need for future reference. 

The funds will reach the payee immediately to the recipient’s bank. 

Paytm Net Banking – Daily Limits and Charges

Here is a table containing the daily limits and charges for transactions you can make through Paytm bank net banking: 

Type of Fund TransferMaximum Transaction AmountService Charges 
NEFTUnlimitedNIL
UPIUnlimitedNIL
IMPS₹5 lakhs₹2 to ₹15
RTGSUnlimitedNIL

How to Pay Credit Card Bill via Paytm Net Banking?

Follow the steps below to pay credit card bills using Paytm Internet banking: 

  • Step 1: Visit the official website of Paytm Payments Bank. 
  • Step 2: Log in using your Paytm Bank username and password. 
  • Step 3: Navigate to ‘Recharge & Pay Bills’ and select ‘Pay Credit Card Bill’. 
  • Step 4: Enter your Credit Card number To check the bill amount.
  • Step 5: Click ‘Proceed’ and choose ‘Net Banking’ as the mode of payment.

Complete the payment by following further instructions and take a printout or a screenshot of the payment transcript for future reference.   

Paytm Net Banking Features

Paytm Payments Bank offers the following digital banking benefits with their Savings Account: 

  1. As Paytm Payments Bank only invests in government bonds, your money will be safe. 
  2. With Paytm Internet banking you can enjoy banking on your PC and phone with free online transactions. 
  3. You can make online purchases across all merchants who accept VISA cards using Paytm’s free virtual card. 
  4. With a real-time updated Passbook, you can view your current balance and all transactions. 
  5. All your sensitive financial information stays safe with the help of a special passcode. 

Paytm Net Banking Customer Care

If you face any issues and need help with any Paytm internet banking service you can open the Paytm app and click on the profile icon to navigate to the ’24/7 Help & Support’ section. Then you can choose the service you need help with and send your query through the ‘Chat’ box. You can also use the following contact information to connect with Paytm: 

Helpline Number0120-4456-456
Email Address[email protected] 

Head Office Address 

For further assistance, you can contact Paytm Payments Bank’s head office at this address: 

V.J. Business Towers, Sector 125, Noida, Uttar Pradesh 201303

Contact Number: 0120-4818901

Final Word

Paytm Payments Bank, with over 30 million bank accounts and more than 300 million wallets, iis gradually transitioning to a major institution in India. Be it its zero balance Savings Account, digital passbook, spend analytics or virtual Debit Card, the Paytm net banking services continue to empower the unbanked and underbanked people of India. 

FAQs

Can I open more than one savings account at Paytm Payments Bank via net banking? 

No. One customer can only open one savings account via net banking at Paytm Payments Bank. Furthermore, one can keep up to ₹2 lakhs of deposit. 

Are there any limitations to adding money to the Paytm Payments Bank wallet? 

KYC customers can add up to ₹1 lakh to their Paytm Payments Bank wallet. Customers who have completed their min-KYC using an OVD can add up to ₹10,000 per month.  

How many times should I change my net banking password? 

As per the banking guidelines, a user should change their net banking password once every 2 months. However, it is up to the user to decide whether to change the password or not. 

Is it safe to use net banking? 

Paytm Payments Bank employs advanced technology to protect user data making all transactions and services safe to access. Additionally, one can only access an account by providing a user ID and password which ensures complete safety.

Disclaimer

This article is solely for educational purposes. Stable Money doesn't take any responsibility for the information or claims made in the blog.

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