Open your Paytm Payments Bank Savings Account:- www.deekpay.com

In just a week since we launched the Paytm Payments Bank Consumer Beta, we have received a huge amount of feedback. Numerous queries have been pouring in, so we decided to answer all of them here at once. *This blog was updated on 28 August 2019 with the process of opening a savings account.

How to open my Paytm Payments Bank Savings Account? The account opening process is completely digitalised! Below are the steps to be followed by users who are KYC verified:

Step 1: Download the latest version of Paytm app. Open the app and tap on the Savings Bank icon.

Step 2: Click on "Open Savings Account".

Step 3: Set your password and confirm it.

Step 4: Enter beneficiary details.

Step 5: Read the Terms of Service and click "Continue".

Step 6: Congratulations, you now have a Paytm bank savings account.

Step 7: Log in to continue.

The account opening process is fully digitised! Below are the steps to be followed for users who are not KYC certified:

Step 1: Download the latest version of Paytm app. Open the app and tap on the Savings Bank icon.

Step 2: Click on "Open Savings Account".

Step 3: Set your password and confirm it.

Step 4: Enter beneficiary details.

Step 5: Read the Terms of Service and click "Continue".

Step 6: Now you need to complete the KYC verification. Click here to complete KYC. to learn more about completing KYC, read this blog.

Note: Submission of PAN card or Form-60 is necessary to open wallet and savings account.