Important Update for Paytm Customers – Many Services Will Stop Tomorrow

Ashish Kumar Mishra
3 Min Read
Paytm India

Paytm Payments Bank Deadline: This is an important update for Paytm Payments Bank customers. If your account is also in Paytm Payments Bank, then know that after March 15, you will not be able to avail of many services. According to RBI guidelines, many user services like money withdrawal, cash transactions, UPI transactions, and Fastag recharge will be stopped forever. However, some services will continue to run.

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These Services Will Be Closed From Tomorrow

  1. Paytm Payments Bank will stop deposit and credit transactions from March 15.
  2. Paytm Payments Bank customers can transfer their accounts to other merchant banks.
  3. Users cannot top up the e-wallet of Paytm Payments Bank.
  4. Customers will not be able to transfer money through UPI and IMPS.
  5. Paytm Payments Bank customers cannot recharge their Fastag after March 15.
  6. Paytm Payments Bank users cannot receive money from other users in their accounts.
  7. Investors will not be able to do market transactions through Paytm Payments Bank.

This Service Will Continue To Be Available

  1. Even after March 15, Paytm Payments Bank customers can withdraw money from their account or wallet.
  2. The balance present in Paytm Payments Bank can also be used for merchant payment.
  3. The balance of Paytm Payments Bank Fastag can also be used.
  4. The balance amount present in Paytm Payments Bank’s wallet can be transferred to another bank account.

You Can Shift Your Fastag To These 39 Banks

  1. Airtel Payments Bank
  2. Allahabad Bank
  3. AU Small Finance Bank
  4. Axis Bank Ltd
  5. Bandhan Bank
  6. Bank Of Baroda
  7. Bank of Maharashtra
  8. Canara Bank
  9. Central Bank of India
  10. City Union Bank Ltd
  11. Cosmos Bank
  12. Dombivli Nagari Sahakari Bank
  13. Equitas Small Finance Bank
  14. Federal Bank
  15. Fino Payment Bank
  16. HDFC Bank
  17. ICICI Bank
  18. IDBI Bank
  19. IDFC FIRST Bank
  20. Indian Bank
  21. Indian Overseas Bank
  22. IndusInd Bank
  23. J&K Bank
  24. Karnataka Bank
  25. Karur Vysya Bank
  26. Kotak Mahindra Bank
  27. LivQuik Technology Pvt Ltd
  28. Nagpur Nagarik Sahakari Bank Ltd
  29. Punjab Maharashtra Bank
  30. Punjab National Bank
  31. Saraswat Bank
  32. South Indian Bank
  33. State Bank of India
  34. Syndicate Bank
  35. The Jalgaon Peoples Co-op. bank
  36. Thrissur District Cooperative Bank
  37. UCO Bank
  38. Union Bank of India
  39. Yes Bank
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By Ashish Kumar Mishra Founder, CEO, and Editor-in-Chief
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Ashish is the founder, CEO, and editor-in-chief of our organisation. He has a strong background in journalism and is responsible for setting our organisation's overall direction and strategy and overseeing all editorial operations.