they are also reportedly giving 1% cashback to first one lakh (or one million?) customers who deposit Rs. 25000 on account creation from what i saw on some shitty news website.
Paytm launches Payments Bank: All you need to know in 10 points Paytm launches Payments Bank: All you need to know in 10 points | Gadgetsnow.com
Paytm launches Payments Bank: All you need to know in 10 points Paytm launches Payments Bank: All you need to know in 10 points | Gadgetsnow.com
Paytm's payments bank will offer an interest rate of 4% on deposits. To get the initial set of users on board, Paytm will give cashbacks to the first 1 million account holders. The bank will also offer a cashback of Rs 250 to customers depositing Rs 25,000 in the payment bank.