Rates & Charges

Bank Account

Minimum account balanceNIL

Interest Rate3.5% per year, payable monthly

SMS AlertsFree
ATM Transactions
Other Bank Metro ATMsMumbai, New Delhi, Chennai, Kolkata, Bengaluru and Hyderabad3 free every month; post that
- Cash withdrawal: ₹ 20/txn*
- Mini statement, Balance check, PIN change: ₹ 8/txn*
Other Bank Non-Metro ATMsOther than the 6 cities mentioned above5 free every month; post that
- Cash withdrawal: ₹ 20/txn*
- Mini statement, Balance check, PIN change: ₹ 8/txn*
Paytm Payments Bank ATMsUnlimited Free Transactions using Paytm Payments Bank Debit Card
Note: In cases where transactions have been done at both Metro and Non-Metro ATMs, customers are provided 5 free transactions in a month with a cap of 3 free transactions at metro ATMs

* Rates are inclusive of taxes

Debit Card and Cheque Book

Digital RuPay Debit CardFree

Issuance Charge₹ 250

Annual Charge₹ 150 on a yearly basis from the date of activation of the Debit & ATM card that is linked to your account
Lost card replacement₹ 250

Cheque book₹ 100 (10 leaf book)
₹ 150 (25 leaf book)

* Rates are inclusive of taxes

Instant Debit Card

Issuance charge/ Annual subscription for physical RuPay Debit CardAs per terms with corporate
Lost card replacement₹ 250

Online Funds Transfer

IMPSFree unlimited

UPIFree unlimited

NEFTFree unlimited

To another Paytm Payments Bank account or Paytm walletFree unlimited
Paytm ka ATM (Banking Point)

Domestic Money TransferMinimum Rs. 10 or 1% per transaction (Whichever is higher)

Cash Deposit, Cash Withdrawal, Add Money to Wallet and KYCNIL*

* Rates are inclusive of taxes

Schedule of charges: Paytm Wallet

Loading money into PaytmAdd money to wallet – Nil

*w.e.f. 1st Jan 2020;
Loading money into Paytm via Credit Card:
- Transactions less than INR 10,000 per month – NIL
- Transactions greater than INR 10,000 per month – 1.75% + GST

In case the total add money added by Credit card including current transaction exceeds INR 10,000, the entire transaction amount will be charged as 1.75% + GST

Example,

Case 1:

If the 1st transaction of add money to wallet in a calendar month is of INR 12,000/-, a fee is charged on entire the INR 12,000/-.

That is, you will be charged INR 240/- extra. So total deduction shall be of INR 12,240/- and the amount added to your wallet shall be INR 12,000/-.
All subsequent transactions shall be charged accordingly.

Case 2:

Multiple transactions of add money with a cumulative amount lower than INR 10,000/-

For example, 1st transaction of INR 1,000/-, 2nd transaction of INR 2,000/-. Neither of the two transactions is charged.

The cumulative money added in the calendar month is INR 3,000. Therefore, any transaction up to INR 7,000/- will not be charged. However, if you initiate a transaction of INR 7,001/- the entire amount of INR 7,001/- shall be charged. All subsequent transactions shall be charged too.

Case 3:

Multiple transactions of add money with a cumulative amount lower than INR 10,000/-. For example, 1st transaction of INR 1,000/- 2nd transaction of INR 2,000/- 3rd transaction of INR 3,000/- and 4th transaction of INR 4,000/-. Neither of the four transactions is charged as the cumulative amount added is below INR 10,000/-. All subsequent transactions shall be charged.