Does paytm payment bank work?

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I am trying to deposit some money to paytm bank but it keeps getting rejected.
Does it works for you guys?
 
I had an account with them, but as rbi imposed restrictions on them, I withdrew my money.. Recently, I've started getting texts from that keep reminding me that my account is inactive and if there is no transaction, it will become inoperative.. :/ IDK what to do now, shall I just ignore those messages?
 
KshitijChoudhry said:
I had an account with them, but as rbi imposed restrictions on them, I withdrew my money.. Recently, I've started getting texts from that keep reminding me that my account is inactive and if there is no transaction, it will become inoperative.. :/ IDK what to do now, shall I just ignore those messages?
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Why do you really need to keep an account open that has no money and is blocked from all transactions? Better to close it upfront.
 
t3chg33k said:
Why do you really need to keep an account open that has no money and is blocked from all transactions? Better to close it upfront.
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In the hope that rbi will eventually allow them to operate again.. And yes ik I can eventually open a new account if that ever happens but the problem is even when the services were available, rbi stopped them from onboarding new customers multiple times while the services to existing customers were uninterrupted..
 
KshitijChoudhry said:
In the hope that rbi will eventually allow them to operate again.. And yes ik I can eventually open a new account if that ever happens but the problem is even when the services were available, rbi stopped them from onboarding new customers multiple times while the services to existing customers were uninterrupted..
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I had so much trouble bouncing between their departments to close the PayTM travel card with refund and then to a lesser extent for the payments bank account that I have no trust in their professionalism. I still haven't been able to close my PayTM wallet though because they forcibly created a business account at the time of KYC several years ago and refuse to close the personal account without closing the business one. The business support team simply keeps replying that they have closed the account but they never do.

Personally, I have just given up on PayTM.
 
t3chg33k said:
I had so much trouble bouncing between their departments to close the PayTM travel card with refund and then to a lesser extent for the payments bank account that I have no trust in their professionalism. I still haven't been able to close my PayTM wallet though because they forcibly created a business account at the time of KYC several years ago and refuse to close the personal account without closing the business one. The business support team simply keeps replying that they have closed the account but they never do.

Personally, I have just given up on PayTM.
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Hearing your story, ig i'll reconsider my decision.. Paytm worked fine for me that's why I was hopeful..
 
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