Paytm launches ‘Cash at Home’ facility for senior and differently-abled citizens amid Coronavirus crisis

Paytm Payments Bank Ltd (PPBL) has announced the ‘Cash at Home’ facility for senior and differently-abled citizens so that they do not need to step out during this COVID-19 pandemic. It will facilitate cash withdrawal requests for senior citizens on their Paytm Payments Bank app and the requested amount will be delivered at their home.

Amid Coronavirus crisis, the bank services become difficult to access and to cope up with the situation, banking sector has introduced ‘Cash at Home’ facility to make the banking experience more convenient for its customers.

Recently, it has launched a Direct Benefits Transfer (DBT) facility where it enabled customers to receive the benefits of over 400 government subsidies directly into their PPBL Savings Account.

Through this service, any senior citizen, who holds a Savings Account with the Paytm Payments Bank can enter the desired amount on online app and submit their request. The bank executive would deliver the requested amount at their registered address within 2 days of raising the request.

The minimum amount that can be requested is Rs 1000/- and the maximum amount will be limited to Rs. 5000/-.

Paytm Payments Bank CEO and Managing Director Satish Kumar Gupta said, “We have continued with our efforts to expand the digital banking network in the country and benefit millions of our customers with innovative features & unmatched service. Our latest ‘Cash at Home’ facility will be of immense help to those people who cannot visit an ATM or bank branch due to age, health, or any other issues.”