Paytm Payments Bank has partnered Induslnd Bank to introduce a facility to create a fixed deposit (FD) when the customer balance exceeds Rs. 1 lakh at the end of the day.
Paytm Payments Bank customers can redeem their deposits instantly, anytime without paying any pre-closure or miscellaneous charges and can earn up to 6.85 percent annual interest.
Static/Current Takeaways Important for IBPS Clerk Mains 2017 Exam-
- Paytm Payments Bank MD and CEO- Renu Satti.
- IndusInd Bank Chairman- R. Seshasayee, Headquarter- Mumbai, Owner- Hinduja Group.
Source- The Hindu Business Line
