Paytm is offering free 25₹ for all its users who create a new UPI address with paytm,Paytm has recently introduced the “BHIM UPI” option in its app,You can now create your own Paytm BHIM UPI ID on the app, which will be your mobile-‘number@paytm’ by default, You can link any of your Savings bank account with this unique Paytm BHIM UPI ID and start sending & accepting money,Paytm BHIM UPI IDs are being accepted across all banks and BHIM UPI apps.
With Paytm BHIM UPI, you can now make seamless and instant money transfers directly between two bank accounts, with no waiting time to add beneficiary,You would not need your bank details or IFSC code to receive money as well.
There is no limit on the number of bank accounts that you can add to your Paytm BHIM UPI ID,You can transfer up to Rs. 1 Lakh per day using BHIM UPI, as per the government regulation,It is also not mandatory to create a Paytm Payments Bank account to create a Paytm BHIM UPI ID, However, you an earn up to 4% annualized interest on money stored in your Paytm Payments Bank account, which can go up to 7% in combination with financial services.
Steps to avail 25₹ cashback offer-
- Head to the latest version of Paytm app on your android phone,
- Login or Signup using your Paytm account,using your Bank registered mobile number,
- In the app click on the “BHIM UPI” option from the top,
- Now follow the instruction and select your bank ,and create a UPI address,
- Create and verify a 6 Digit UPI pin,
- Upon completing the steps ,your UPI id will be created.
This offer will remain valid till 3rd Jan 2018,Bank account has to be successfully linked to be eligible for this offer,Offer valid on creation of first UPI address only,Cashback will be credited to your paytm wallet within 48 hours of successful UPI creation,The mobile number registered with your existing bank account and Paytm should match to create a Paytm BHIM UPI ID.