Paytm Payments Bank Limited

Reserve bank of India has allotted IFSC codes to all the bank branches in India to easily identify the transactions which are done through a particular branch. IFSC codes are unique 11 digits codes with alphabetic and numeric characters, which are given to all bank branches, and the code won't repeat. It is mandatory to enter IFSC code or MICR codes to identify the branches to perform the cash transactions, without this code the bank branches can't transfer the funds.

These codes helps the users to ensure that the transferred funds receives to the rightful person without any error or concern.

The IFSC code for PAYTM PAYMENTS BANK LIMTED which is located in B-121, Sector-5,Noida-201301 is PYTM0123456.

This IFSC code can be used for online money transaction via NEFT, RTGS and IMPS to any PAYTM PAYMENTS BANK LIMITED account or to any other bank accounts, Here the first 4 alphabets PYTM indicates the bank name, The fifth digit is 0 [zero] for future use, The last 6 digits 123456 indicates the particular branch of PAYTM PAYMENTS BANK LIMITED in Sector-5,Noida-201301.

IFSC code whose full form is Indian Financial System Code used for online payment applications like RTGS which is Real Time Gross Settlement, NEFT which is National Electronic Funds Transfer, IPM, from one bank to another through IMPS which is electronic Instant Mobile Money transfer Service and CFMS which is Centralized Funds Management System instructed by RBI.

RBI has allotted IFSC codes to all banks in India to find out the branches when money transfer takes place. According to RBI guidelines the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India, with the help of IFSC codes and MICR codes the online funds transaction are made easily without any confusion. This codes helps to avoid risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches to the rightful account holder at the specified branch.

Easy way to find PAYTM PAYMENTS BANK LIMITED IFSC code and MICR code?

If the customer knows the full name of the bank and its branch location then it is easy to find the IFSC and MICR code, the customer can find the codes in the passbook and cheque books of the specified bank which is printed on the passbook, or the website of RBI also offers the entire list of IFSC codes required for the account holder. Some third party website also shows the IFSC codes in their websites.

Some of the popular financial comparison sites display the table carrying IFSC codes for Bank of Baroda's branches throughout the India. Any account holder visiting the website has to choose the Bank IFSC code link present on the home page where 4 columns are displayed. Customers must feed some bank details like the state -> district >branch> to get the IFSC code or MICR code for the PAYTM PAYMENTS BANK LIMITED. The website displays all details about the bank such as the phone number, address, of the branch, name, branch code, etc...

Paytm Payments Bank Limited Branch Details

Uttar Pradesh

ABOUT PAYTM PAYMENTS BANK LIMITED:

PAYTM PAYMENTS BANK LIMITED was established on the year 2015, and on the same year the bank got its license from the Reserve Bank of India and they started to functioning and working as a payment bank on the year 2017, which is headquartered in Noida. As of data taken in 2021 PAYTM PAYMENTS BANK LIMITED has a total of 64 million account holders. More than 51% of shares of the bank were held by Mr. Vijay Shekhar Sharma.

There are a total of only 3 networking bank branches of PAYTM PAYMENTS BANK LIMITED, which are located in the one union territory of india i.e. Uttar Pradesh, and the PAYTM PAYMENTS BANK has over a total of 100+ networking branches across the nation.

PRODUCTS WHICH ARE PROVIDED IN PAYTM PAYMENTS BANK LIMITED:

Savings account
Salary account
Current account
Debit and ATM cards
Payments
Paytm wallet
Food wallet
NACH
Fastag

AWARDS AND ACHIEVEMENTS OF PAYTM PAYMENTS BANK LIMITED:

In 2019 PAYTM PAYEMENTS BANK LIMITED won the award of Digital Payemnts award for outstanding performance from the Govt. Of India.
In 2019 they also won the award of Infosys Finacle Client Innovation for coming best under the category of process innovation with custom product innovation.
Celent model bank of 2019 award
They also won the award of Asia Trailblazer award by RBI
In 2018 the National Payments Corporation of India recognised by the company with excellence award of 2018 for excellence performance for high Acceptance of Rupay card for E-commercial Transaction and Excellence performance in Aadhar Enabled Payments System.

SOME OF THE KEY FEATURES OF PAYTM PAYMENTS BANK LIMITED:

A highly secured 24/7 Digital Account
Timely Notifications on phone
No hidden Charges
A Free virtual Debit Card
Analysis of Your Spends
Real-Time Pass Book

For further details Contact or write to PAYTM PAYMENTS BANK LIMITED:-
ADDRESS:
V.J. Business Towers,
Sector 125,
Noida,
Uttar Pradesh-201 303.
Contact: 0120- 4818901.