The Paytm Funds Financial institution Restricted (PPBL) on Friday introduced the launch of ‘Money at Residence’ facility for senior and differently-abled residents within the nationwide capital area in order that they don’t must step out throughout this COVID-19 pandemic.
This new service will allow them to lift money withdrawal requests on their Paytm Funds Financial institution app and the requested quantity will probably be delivered at their dwelling.
‘Money at Residence’ facility is the most recent among the many providers that the financial institution has launched to make the banking expertise extra handy and accessible for its clients. Just lately, it has launched a Direct Advantages Switch (DBT) facility the place it enabled clients to obtain the advantages of over 400 authorities subsidies instantly into their PPBL Financial savings Account,” the PPBL stated in a launch.
“The method for availing of ‘Money at Residence’ facility is straightforward and seamless. Any senior citizen, who’s holding a Financial savings Account with the Paytm Funds Financial institution can click on on the tab of their Paytm app to enter the specified quantity and submit their request. The financial institution govt would ship the requested quantity at their registered tackle inside 2 days of elevating the request. The minimal quantity that may be requested is Rs 1,000 and the utmost quantity will probably be restricted to Rs. 5,000,” it added.
Satish Kumar Gupta, CEO and Managing Director, Paytm Funds Financial institution stated, “We have now continued with our efforts to develop the digital banking community within the nation and profit hundreds of thousands of our clients with revolutionary options & unmatched service.”
“Our newest ”Money at Residence” facility will probably be of immense assist to these individuals who can’t go to an ATM or financial institution department because of age, well being, or every other points,” he added.
Disclosure: Paytm’s guardian firm One97 is an investor in Devices 360.