You can follow the following steps to open a Paytm Bank account online.
Open Paytm App > Select Paytm Bank > Open Savings Account > Set Passcode > Add Nominee & Fill Details > Click “Proceed”
Paytm is also one of the popular digital payment platforms in India. Which is used by everyone today to make payments or transact money. Paytm allows its users to link bank accounts and UPI IDs to transfer money instantly.
If you also want to open your savings account on this popular digital payment app (Paytm), then let us tell you that the process of opening a Paytm account here is completely different from opening an account in a bank. Here you do not have to fill out any kind of documents or account opening form to open an account. But keep in mind that your Paytm KYC should be complete.
How to open Paytm Payments Bank account in Few Minutes
1. Download Paytm App
First of all, you have to download the latest version of the Paytm app. Android users can download it from Google Play Store and iPhone, and iPad users can download it from Apple Store.
2. Click on the bank account icon
After the Paytm app is open, you have to open it by clicking on the bank account icon.
3. Open your Savings Account
Now after reading the terms and conditions issued by Paytm, click on “Open your Savings Account” and proceed further.
4. Set the Passcode
You have to type the passcode in this step and confirm it.
5. Add Nominee
Here you have to add the nominee for your Paytm Bank account. You select “I want to add a nominee” or “I will do it later” and checkmark the box of Terms & Conditions and proceed further.
For Non-KYC Customers
In case the KYC is not complete, the user needs to know the KYC process by selecting the Paytm KYC video, in that case, the user should get the KYC done by visiting his/her nearest KYC center. Thereafter verify the Paytm account with the full verification letter issued by the Paytm KYC team at home.
