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Paytm payment banks - All you need to know about new Paytm

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PayTM (One97 Communications) has introduced their own Payments Bank, approved by Reserve Bank of India. With this PayTM Payments bank, you can create a savings or current bank account, get your debit card, withdraw money from atm, send to and receive money from other banks and do internet banking and other banking services easily. This is a blessing for a lot of individuals, especially students who can now get a bank account with debit card easily and shop from anywhere in India. As a student myself, I feel this new feature introduced by PayTM Is very useful. I study in college, and still have friends who don’t have a bank account, or have one, but don’t have a debit card or internet banking facility. There are several restrictions from family for using them, hence, paying online for services isn’t always very easy to them. But, with the launch of PayTM Payments Bank Service, I am pretty sure these issues will finally get eradicated. Every person can at least have a secure