00:00If you use the digital payment and financial services app Paytm, then this is useful news for you.
00:06Recently, when RBI did not follow the rules, it put a stop to Paytm Payments Bank Limited, i.e. PPBL, and now wallets are also going to be closed.
00:15What is the full news, whose wallets can be closed, what are the conditions, let's understand in the video.
00:20Paytm Payments Bank Limited has announced that zero balance and no transaction for more than a year will be closed on July 20, 2024.
00:31According to the information given on the PPBL website, inactive Paytm Wallet users will be issued a notice 30 days before the wallet is closed.
00:40In this information, it is said that all the wallets in which there has been no transaction for more than a year and whose balance is zero will be closed from July 20, 2024.
00:52On the PPBL side, customers have been advised to activate their inactive accounts and wallets or close them.
01:00If you do not do this by the end of the day, the account and wallet will be automatically closed.
01:05So let's tell you how you can activate your Paytm Wallet.
01:10First of all, you will have to visit Paytm.me cbwal.
01:15In addition, you can also activate the deactivated account by using the mobile application.
01:20For this, you will have to click on the wallet icon on the PPBL section on the home page of the Paytm app.
01:27After this, you will see the message that your wallet is inactive.
01:31You can activate the wallet by clicking on it and in a few easy steps your wallet will be activated again.
01:38You know that RBI issued an order on 29 January and imposed many types of bans on the Paytm Payments Bank.
01:45RBI ordered Paytm Payments Bank to stop new deposits and credit transactions after 29 February.
01:53Later, this deadline was extended to 15 March.
01:56However, it was also said that if there is any balance of customers left, they can use it until it is over.
02:02So this is a big news about Paytm that if your wallet is inactive and you have not used it for a year,
02:09then either you close it or you activate it.
02:13The process of activating it is also told to you through which you can activate your wallet again.
02:19The deadline for this is given till 20 July.
02:21That's all for this video.
02:22Do tell us how you liked it by commenting.
02:24If you are watching this video on Facebook, then like the Facebook page.
02:27If you are watching on YouTube, then don't forget to subscribe to GoodReturns' YouTube channel.
Comments