If you are using paytm then this information is for you. Know which features of paytm will stop and which will continue.
The Reserve Bank of India banned Paytm Bank from adding new users from March 2022 and the bank found that the bank did not follow their bank guidelines, so the Reserve Bank of India on Wednesday took a major action against Paytm Bank and imposed several additional rules. After many paytm users are worried as rbi has banned many bank services the users are worried about what services they will get and what services will be stopped so let’s know which services will be open and which services for paytm users will be closed
How will the general users be affected?
After this guideline of RBI many users are wondering what will happen to their paytm account this matter needs to be understood in some simple language if your account is in paytm bank then this is definitely a concern for you though RBI has ordered that customers can paytm without any restriction. can withdraw their money from bank
also fasttag will be stopped also you will not be able to do fast recharge from paytm Let us tell you that if you have not updated your KYC by January 31, you will not be able to use the Paytm Fast Tag. If there is any emi or statement pending from paytm bank then it is better to clear it soon You will not be able to do any transactions in paytm bank account Neither you can recharge paytm wallet nor you can send gift card It can be used for UPI payments though for this you need to have an account with other banks and not with Paytm Bank.
