Is This True???? - Paytm set to open its Bank next year, to offer 14.50% interest rate on Savings Account
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Is This True???? – Paytm set to open its Bank next year, to offer 14.50% interest rate on Savings Account
The e-commerce payment platform Paytm will soon be opening the brick-and-motor banking institution in India. The information has from our close sources who says that Paytm bank will be open as early as next year. The Indian e-commerce website was granted payment bank license by RBI only last year along with 10 other entities like Reliance Industries, Vodafone, Airtel and a few more.
More On – http://www.pc-tablet.co.in/breaking-paytm-set-o...
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Yes It is true. It has already got the licence for opening banks by RBI. About 14% interest rate, it’s almost impossible to give that much return on a saving account.
Some extra info for you if you are intrstd OP
@ranjithsai01 wrote:
Some extra info for you if you are intrstd OP
Seems RBI’s the spoilsport… …
.
Jaldi karo na… Jaldi karo…
14%? No way.
Off topic- Today I came across a you tube channel of pc-tablet and it was the first time I saw a tech channel run by female. They have a nice collection of videos.
not sure about 14%
agar aapko pakkaa news meel jaaye to bataa dena yaha, kab tak 14% dega – clarity lena jaroori hey.
@bip100 wrote:
Off topic- Today I came across a you tube channel of pc-tablet and it was the first time I saw a tech channel run by female. They have a nice collection of videos.
which channel ?
The interest will be in given Paytm wallet and would rather be called ‘cashback’. Don’t worry they would bridge the gap just like they did with actual ‘discount’ and cashback. Janta would not even notice the deference between actual money saved and virtual money. #JustKidding
@desibuddy wrote:Search ‘pc-tablet’ on YouTube. They have 162 videos.
@bip100 wrote:
Off topic- Today I came across a you tube channel of pc-tablet and it was the first time I saw a tech channel run by female. They have a nice collection of videos.
which channel ?
@ishubhamsr wrote:
Yes It is true. It has already got the licence for opening banks by RBI. About 14% interest rate, it’s almost impossible to give that much return on a saving account.
That’s how your burn your VC funding 😂
@Stupendous Man wrote:
The interest will be in given Paytm wallet and would rather be called ‘cashback’. Don’t worry they would bridge the gap just like they did with actual ‘discount’ and cashback. Janta would not even notice the deference between actual money saved and virtual money. #JustKidding
Even if they do this. I am happy with that.
None of the banks offer even 14% as FD Interest
@saurabh1 wrote:
@ishubhamsr wrote:
Yes It is true. It has already got the licence for opening banks by RBI. About 14% interest rate, it’s almost impossible to give that much return on a saving account.
That’s how your burn your VC funding 😂
They do have a lot. BTW paytm is doing fine currently.
Now waiting for Who can give Loan at Below 10%
@bip100 wrote:
@Stupendous Man wrote:
The interest will be in given Paytm wallet and would rather be called ‘cashback’. Don’t worry they would bridge the gap just like they did with actual ‘discount’ and cashback. Janta would not even notice the deference between actual money saved and virtual money. #JustKiddingEven if they do this. I am happy with that.