Paytm Payments Bank will close these accounts on July 20
By
Biju Kumar
Paytm Payments Bank Limited (PPBL) has issued a new notice regarding the closer of some accounts based on their account balance, usage, etc. The company has issued an official notice warning users that accounts with inactive wallets, zero balance and no transactions over the course of a year will be deactivated and closed on July 20. Users will also be notified of the upcoming change around 30 in advance.
Here’s what the official notice reads:
“Dear Bank Customer, Please note that all wallets which do not have any transactions for the last 1 year or more and have nil balance, shall be closed w.e.f.