List Of Paytm Services You Can And Cannot Use After 15 March Deadline

After 15th March 2024, Paytm Payments Bank will be barred from accepting fresh deposits or top-ups, with the RBI ban citing persistent non-compliance and continued material supervisory concerns. The deadline was earlier 29th February, but was extended by 15 days to March 15, 2024.

So what happens from 15th March? Here's the list of Paytm Payments Bank services which you can and cannot avail after the deadline.

List of services you can avail after 15 March

paytm payments bank 15 march/getty

Withdraw money from Paytm Payments Bank

Refunds, cashbacks, sweep-in from partner banks or interest are permitted credits into your account?

Monthly electricity bill auto deduction after March 15

Withdrawal/debit mandates (such as National Automated Clearing House (NACH) mandates)?

Monthly OTT subscription is paid automatically through UPI

Loan EMI automatically paid through account with Paytm Payments Bank

Paytm Payments Bank wallet money

Cashback due in wallet?

Refunds and cashbacks are allowed to be credited

Close wallet and have the balance transferred

FASTag issued by Paytm Payments Bank

Withdraw money from Paytm Payments Bank account through UPI/ IMPS?

List of services you cannot use avail after 15 March

patym ban/mint

Top-up or transfer money into this wallet?

Can receive money from any other person into this wallet?

Transfer money into Paytm Payments Bank account

Salary credit in Paytm Payments Bank?

Subsidy or certain direct benefit transfers

Recharge FASTag balance?

Transfer balance from old FASTag issued by Paytm Payments Bank to a new FASTag

Transfer money into Paytm Payments Bank account through UPI/ IMPS?

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