Paytm Payment Bank: These services are closed from tomorrow, know which ones will continue?

RBI has Paytm Payment Bank Its services were banned last month. The central bank had said that these services will be closed by March 15. So, in such a situation, people are confused about which services will work after March 15 and which ones will not. And many people have this question Is there going to be a paytm band? Let us know which services of the payment platform you can use from tomorrow as before.

Paytm Payment Bank

From tomorrow, customers will not be able to use many services related to Paytm Payments Bank. The Reserve Bank of India (RBI) has banned Paytm Payments Bank until March 15, which has ended today. Now from tomorrow customers will not be able to use these services. Here we will talk about all those services which will not work from tomorrow.

Paytm Payment Bank

These services will continue

  • Paytm Payment Bank users will be able to withdraw existing funds from their account or wallet.
  • Closing Paytm Payment Bank Wallet: Paytm users have the option to transfer balance to other accounts.
  • Four banks were made Paytm partner banks yesterday. Interest can be earned from Paytm Payments Bank accounts along with refunds, cashbacks and sweep-ins from partner banks. Paytm payments can be debited from the bank account as long as the balance is available.
Paytm Payment Bank
  • Payment can be made to the merchant using Paytm Payments Bank Wallet.
  • Users can withdraw money from their Paytm bank account using UPI or IMPS.
  • FASTag will be available, but only while supplies last. Users will not get the option to add more money.
  • From today i.e. after 15th March it has to be linked with any other bank account. Paytm has been approved to become a third party UPI app. Four banks have been included in this.
  • Paytm users have to add another bank account or link their bank account for services like salary credit, EMI payment and other FASTag balance recharging. Paytm Payment Bank Need to change to another bank account.

These services will remain closed

  • Top up will not be available for FASTag or wallet account.
  • Users will not be able to withdraw money from other users to their Paytm Bank account.
  • Salary or other direct transfers will not be available.
  • Current FASTag balance of Paytm can be transferred to another FASTag.
  • You will not be able to transfer money to your bank account through Paytm Payments Bank.

Paytm share price

Paytm The stock closed at Rs 370.70 today, up 5% or 17.65 points. Paytm’s 52-week high is Rs 998.30. While the 52 week low is Rs 318.05.

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