Thursday, 14 March 2019

Good news! Paytm Payments Bank to pay this much interest, big benefits on offer for 43 mn customers

The Paytm Payments Bank has revealed some good news for its customers, especially saving bank account holders. The bank has now further consolidated its position as a market leader by launching its own mobile banking app that will offer users quick and effortless financial transactions. A Paytm Payments Bank customer can now check balance, raise the request for a physical debit card, access digital card among other services now. Not only this, but customers will also be able to receive 24x7 help and support through this mobile banking app.
Paytm Payments Bank to pay


The Paytm Payments Bank has revealed some good news for its customers, especially saving bank account holders. The bank has now further consolidated its position as a market leader by launching its own mobile banking app that will offer users quick and effortless financial transactions. A Paytm Payments Bank customer can now check balance, raise a request for a physical debit card, access digital card among other services now. Not only this, but customers will also be able to receive 24x7 help and support through this mobile banking app.

Currently, the new app will be available for download on the Google Play store and shall shortly be available on the Apple app store as well.
This new mobile banking app is the latest edition of the bank. From this app, over 43 million saving bank customers will benefit. The bank has already issued over 2 Million physical debit cards.
In addition, the virtual debit card has been given to all 43 million saving bank customers.
Furthermore, customers enjoy free banking services and earn an annual interest of 4% on their savings. PPB has a highly secure infrastructure and allows its customers to deposit up to Rs 1 lakh in their savings account and/or wallet.
Any amount exceeding the limit of Rs 1 lakh is automatically converted into a Fixed Deposit via auto sweep with PPB's partner bank, allowing customers to earn up to 8% p.a. interest on their Fixed Deposit amount. Also, a customer can instantly redeem the desired amount in their Fixed Deposit at any time free of charge.
Apart from this, PPBL debit card has inbuilt security feature of enabling /disabling it just by a single click in the app to secure against misuse of the debit card by any miscreant. It is pertinent to note that nos. of digital transactions through PPBL debit cards are twice than that of cash transactions.

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Parag Patil is a technical analyst and trading system designer with stock excel programmer. I hope the articles and live chart of nse future and mcx on this Website will be as helpful and profitable to you . I try to update and post new articles tips everyday. My motto is to encourage the traders, so that they should able to understand the technique views behind the moment of stocks. I have deeply analyzed with many technical indicator with parameter and added to my amibroker afl. And even taken backtest report which is never being implemented. Any of the analyst expect me. Seeing all this you may understand that my views is more technical than commercial. If you are profited by my views I fill happy.

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