Deposit funds in your Paytm Payments Bank Savings Account - Paytm Payments Bank Blog : What Does Native Payments Mean In India
Want to deposit funds into your Paytm Payments Bank savings account? We offer you a variety of channels to choose from, so let's take a look below:
- **Associated UPI Bank Accounts**: You can deposit funds by associating other bank accounts to your Paytm Payments Bank savings account.
- **Paytm Wallet**: You can also deposit funds from your Paytm Wallet, please note that the transfer fee is 5% and the amount you wish to deposit should be less than the wallet balance.
- **Debit Card**: You can use any debit card to deposit funds, please note that you can transfer up to Rs.2000 up to 10 times per day.
- **Fixed-term deposits**: If you have fixed-term deposits, they can be withdrawn early at no additional cost and the funds transferred to your savings account.
- **Transfer from another bank**: Log in to your other bank account and transfer funds to your PPBL savings account via bank transfer (IMPS, NEFT). For this, you may need to add your Paytm Payments Bank savings account as beneficiary as per your bank's policy.
- **Deposit at Paytm Ka ATM Centres** : You can also deposit funds by visiting the nearest Paytm Ka ATM point. Simply hand over the cash to an agent and it will be added to your account for free.
So, let's see how you can deposit funds through these channels:
1. Open your Paytm app and click on "Bank".
2. Enter your password. You can also click on "Deposit Funds" on the Paytm app home screen and select "Paytm Payments Bank Savings Account".
3. You will now see a list of payment channels from which you can select your preferred deposit method.
Below are the steps for depositing funds using each channel:
- **UPI Linked Bank Accounts**: If you want to deposit funds from any linked UPI account, you can do so. If you don't see any linked UPI accounts, it means you haven't linked UPI with any bank and you can do so by clicking on the 'UPI' icon on the blue banner at the top of the Paytm app and then clicking on '+ Add New Bank Account'. Connect
- **Paytm Wallet**: If you want to deposit funds from Paytm Wallet, enter the amount and select 'Paytm Balance' and click on 'Confirm Fund Transfer' to complete the deposit process.
- **Fixed Deposits**: If you have fixed deposits with Paytm Payments Bank, you can withdraw them early and deposit them in your savings account. Enter the amount you wish to deposit and click on 'Early Withdrawal of Fixed Deposit'.
- **Debit Card**: If you wish to deposit funds via debit card, enter the amount and click on "Debit Card" to enter your card details. You can also save the card by clicking on "Save this card for future payments" and then click on "Proceed Securely" to complete the payment.
- **Other Bank Accounts**: If you want to deposit funds from another bank account, log in to your bank's app or website and add your Paytm Payments Bank details i.e. your IFSC code and bank account number.
- **Deposit funds at Paytm Ka ATM points**: Click on 'Deposit Funds' and then select 'Paytm Bank Savings Account' and click on 'Visit Nearby Points'. Deposit funds to savings account" to find the nearest Paytm Ka ATM point.
You can see how easy and convenient it is to deposit funds into your Paytm Payments Bank savings account as you have multiple ways to complete the process.
I hope this article was helpful to you. Happy banking!