How to Add a New Bank Account on Paytm: A Complete Guide

Managing your finances should be easy, and Paytm makes it just that. Whether it’s sending money, paying bills, or enjoying UPI services, linking your bank account is the first step. If you’re new to Paytm or just need to add a new bank account, you’re in the right place! Adding a bank account is quick and simple, and once done, you can make secure transactions with ease. This guide will show you step-by-step how to add your new bank account to Paytm and make your payments smoother than ever!

How to Add Another Bank Account on Paytm?

Adding a bank account on Paytm is a quick and easy process. Here’s a step-by-step guide on how to link bank account on Paytm:

Step 1: Open the Paytm App

Step 2: Once the app is open, tap on your profile icon at the top-left corner of the app to access your account settings.

Step 3: From the menu, scroll and select “UPI & Payment Settings.” This option will allow you to manage all your payment preferences, including linking a new bank account.

Step 4: In the “UPI & Payment Settings” section, you will see the option to “Add New Bank Account.” Tap on this option to proceed with adding your bank details.

Step 5: A list of supported banks will appear on your screen. Select the bank where you hold an account. You will need to provide the necessary details such as your bank account number, IFSC code, and other relevant information.

Step 6: To complete the process, Paytm will ask you to verify your bank account. Once verification is successful, your bank account will be linked to your Paytm UPI app.

You’re All Set!

Now that your bank account is linked to Paytm, you can use it to make UPI transactions, send and receive money, pay bills, and more. You can link as many bank accounts as you want and even set any one of them as your primary account for UPI transactions.

Why to Add Bank Account on Paytm is a Good Option?

Adding a bank account on Paytm provides numerous benefits:

1. Seamless UPI Transactions: Linking your bank account allows you to send and receive money via UPI instantly. You can use your UPI ID to make payments directly from your bank account.
2. Hassle-Free Bill Payments: With your bank account linked, you can easily pay bills like electricity, water, mobile recharge, and more with just a few taps.
3. Security and Convenience: Paytm ensures that all your bank details are encrypted and stored securely, offering peace of mind while making transactions.
4. Multiple Bank Accounts: Paytm allows you to link multiple bank accounts, making it easier to manage different accounts and select your primary account for transactions.
5. Access to Paytm Features: Adding your bank account unlocks additional Paytm features like UPI Lite, RuPay Credit Card linking, and auto-payment options, making it a more personalized and convenient experience.

Adding a bank account to Paytm is a quick and simple process that opens the door to a wide range of services, including seamless UPI transactions, bill payments, and money transfers. Whether you want to use it for personal expenses or business transactions, linking your bank account is a crucial first step toward using Paytm efficiently. By following the simple steps outlined above, you can link your bank account to Paytm in no time and enjoy hassle-free transactions.