Paytm payment bank fixed deposit

Paytm payment bank fixed deposit

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Deal Lieutenant
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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

5 Comments  |  
6 Dimers
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Deal Newbie
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Safe – Yes

Peace of mind – NO

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Deal Subedar
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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

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Deal Cadet
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its very risky not suggested its only virtual bank

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Blogger
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JaiKrish1031 wrote:


https://cdn0.desidime.com/attachments/photos/617172/original/Screenshot_2020-05-16-15-48-53-337_com.fss.indus.jpg?1589624379

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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