Paytm payment bank fixed deposit
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Is it safe to do FD in Paytm payment bank of amt. 2 lakh for 1 yr? currently interest is 7% in PPB and in SBI 5.5%. SBI FD of 2 lakh is going to mature in June 2020
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https://www.desidime.com/discussions/paytm-payment-bank-fixed-deposit?page=1#post_6667682
Safe, yes. I think they tied up with Rbl or Indusind. Have been using for past a year and half. No issues faced. But might as well check out niyo
https://www.desidime.com/discussions/paytm-payment-bank-fixed-deposit?page=1#post_6667716
its very risky not suggested its only virtual bank
https://www.desidime.com/discussions/paytm-payment-bank-fixed-deposit?page=1#post_6667737
https://www.desidime.com/discussions/paytm-payment-bank-fixed-deposit?page=1#post_6667747
Not so comfortable with IndusInd. I have an account with IndusInd and couple of months back moved all of my funds. There might be something going on which they are not telling. So just be careful with IndusInd deposits.
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Safe – Yes
Peace of mind – NO