Paytm Payments Bank deadline: Check list of services which cannot be used after March 15
Paytm Payments Bank deadline: Customers will not be able to use services like money withdrawal, cash transactions, UPI transactions, or FASTag.
Paytm Payments Bank deadline: The Reserve Bank of India (RBI) has stopped Paytm Payments Bank Ltd (PPBL) from accepting deposits or top-ups from March 15. Customers will not be able to use services like money withdrawal, cash transactions, UPI transactions, or FASTag. Some services will be continued till the amount runs out from the account.
Paytm Payments Bank deadline: Here are the services that you will not be able to use after March 15.
EMI automatically paid: Auto debit of EMI will be discontinued after the balance available in your account runs out.
FASTag: One can use FASTag till there is a balance in the account. After March 15 you will not be able to recharge the account.
Wallet money: People will not be able to transfer money into Paytm Payments Bank accounts through UPI or IMPS after March 15.
Credit money: Salary Credit, Direct Benefit Transfers, or Subsidies will not be available in Paytm Payments Bank accounts after March 15.
Users can transfer their FASTag accounts to these banks:
Airtel Payments Bank
Allahabad Bank
AU Small Finance Bank
Axis Bank Ltd
Bandhan Bank
Bank Of Baroda
Bank of Maharashtra
Canara Bank
Central Bank of India
City Union Bank Ltd
Cosmos Bank
Dombivli Nagari Sahakari Bank
Equitas Small Finance Bank
Federal Bank
Fino Payment Bank
HDFC Bank
ICICI Bank
IDBI Bank
IDFC FIRST Bank
Indian Bank
Indian Overseas Bank
IndusInd Bank
J&K Bank
Karnataka Bank
Karur Vysya Bank
Kotak Mahindra Bank
LivQuik Technology Pvt Ltd
Nagpur Nagarik Sahakari Bank Ltd
Punjab Maharashtra Bank
Punjab National Bank
Saraswat Bank
South Indian Bank
State Bank of India
Syndicate Bank
The Jalgaon Peoples Co-op. Bank
Thrissur District Cooperative Bank
UCO Bank
Union Bank of India
Yes Bank
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06:53 PM IST