Is This True???? - Paytm set to open its Bank n...

Is This True???? - Paytm set to open its Bank next year, to offer 14.50% interest rate on Savings Account

Score: 2 Votes: 2
Score: 2 Votes: 2
Missing
Deal Subedar
9
441
2972
72

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...
eek

  • In
17 Comments  |  
13 Dimers
A2z1
Deal Major
82
1,963
16921
137
lol
Dd
Deal Cadet
3
177
770
9

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.

Boom
Deal Subedar
1
107
1598
124

14%? No way.

ad bot
1
1
1
1
Ad Bot

I found this sponsored content on one of the ad networks.

Missing
Deal Cadet
0
77
740
6

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.

Ezgif.com video to gif
Deal Captain
12
155
9894
123
lol
Missing
Deal Subedar
1
2
1226
6

not sure about 14%

agar aapko pakkaa news meel jaaye to bataa dena yaha, kab tak 14% dega – clarity lena jaroori hey.

Avatar
Deal Subedar
0
70
1212
16
@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 ? lol

Stupendous man
Deal Captain
0
287
8364
87

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

Missing
Deal Cadet
0
77
740
6
@desibuddy wrote:


@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 ? lol

Search ‘pc-tablet’ on YouTube. They have 162 videos.

Dd
Budding Star
107
13
18202
193
@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 😂

Missing
Deal Cadet
0
77
740
6
@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.

Dd
Budding Star
107
13
18202
193

None of the banks offer even 14% as FD Interest

Dd
Deal Cadet
3
177
770
9
@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. toungueout BTW paytm is doing fine currently.

Shutterstock 1013504321
Deal Subedar
2
6
2598
25

Now waiting for Who can give Loan at Below 10% toungueout

Stupendous man
Deal Captain
0
287
8364
87
@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. #JustKidding

Even if they do this. I am happy with that.


roll

Missing