1. Paytm Payments Bank, IndusInd tie-up for fixed deposit facility

Paytm Payments Bank, IndusInd tie-up for fixed deposit facility

Paytm Payments Bank today said it has partnered Induslnd Bank to introduce a facility to create a fixed deposit when the customer balance exceeds Rs 1 lakh at the end of day.

By: | New Delhi | Updated: January 6, 2018 5:02 PM
Paytm Payments Bank, IndusInd, Renu Satti,  Paytm Payments Bank MD, miscellaneous charges, customer balance, fixed deposit in paytm payements bank Paytm Payments Bank customers can redeem their deposits instantly, anytime without paying any pre-closure or miscellaneous charges and can earn up to 6.85 per cent annual interest, the company said in a statement. (Reuters)

Paytm Payments Bank today said it has partnered Induslnd Bank to introduce a facility to create a fixed deposit when the customer balance exceeds Rs 1 lakh at the end of day. Paytm Payments Bank customers can redeem their deposits instantly, anytime without paying any pre-closure or miscellaneous charges and can earn up to 6.85 per cent annual interest, the company said in a statement. Additionally, if a customer becomes a senior citizen before the maturity period, the account will be auto renewed under the senior citizen scheme, thus earning higher interest, it added. “Majority of Indians prefer safer investment options that offer them higher earning potential. Our offering will add the much-needed convenience of zero paperwork, instant redemption and no charges to one of India’s most preferred investment methods,” Paytm Payments Bank MD and CEO Renu Satti said.

(More details are awaited.)

Get latest news and updates on Auto Expo 2018, check breaking news on Budget 2018, like us on Facebook and follow us on Twitter.

  1. A
    abdul
    Jan 6, 2018 at 6:00 pm
    Hello everybody. Razack Hospital is looking for in anywhere in world, so if you want to and be rich or to save someone life please kindly contact us for more details as we are ready to offer you amount of $250,000.00 usd (1 crore 55 lahk india rupees only) without any stress, So this is your opportunity for you to for money. Best regard Dr Abdul Razack whats App number 917042233453
    Reply

    Go to Top