How To Link/Add Bank Account in Paytm (Step by step guide)

Now you can also use PayTM for UPI payments. PayTM BHIM-UPI now available for all users. You can link/add your bank account and transfer money to any bank account or UPI address.

You can 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.

Here are some Benefits of Linking Account with paytm

  • Bank to Bank money transfer (no charges)
  • Send money to any bank account up to 2 lac
  • Directly pay from your bank account to any merchant
  • Pay on paytm (recharge, bills, tickets etc) through bank account balance directly
  • Add money to your wallet using your UPI linked bank account

So follow this quick guide and link (Add) your bank account and start using BHIM UPI on Paytm.

How To Link or Add Bank Account in Paytm

To start using PayTM BHIM UPI, you only need to complete two steps and you are ready to use.

1# Verify Mobile Number & Link Bank Account

First of all you need to verify your mobile number which linked with your bank account. Make sure you are using bank account registered mobile number. If your phone is dual sim then set registered mobile number as primary for sms.

1: Open Paytm and tap on BHIM UPI which you can see on top. Now select your bank account. All banks now support UPI.

paytm bhim upi link bank account and how to use

2: Now app will send automatic sms to verify your mobile number and fetch your bank account details that linked with mobile number. After verification complete,you can see bank account list that linked with mobile number. Select bank account and proceed.

paytm bhim upi link bank account and how to use

Your bank account linked now with Paytm BHIM UPI. Now you need to set up UPI PIN. BHIM UPI PIN is a 4 or 6 digit PIN that can be used for authenticating your UPI transactions. Your UPI PIN will be validated by the bank whose account you are using to pay with. The UPI PIN is different for different bank accounts.

2# Set UPI PIN

3: To set UPI PIN tap on Set UPI PIN.

paytm bhim upi link bank account and how to use

4: Next screen,enter your debit card last 6-digit number and expiry date and proceed. Now you will receive OTP on your mobile number, enter OTP and set your 4-6 digit UPI PIN.

paytm bhim upi link bank account and how to use

All done! you are now ready to use Paytm BHIM UPI. Now tap on BHIM UPI and you can see UPI dashboard. Here you can see your VPA address which you can use to receive money on your linked bank account.

You can transfer money to any bank account using bank account details like account number and IFSC code, you can also use VPA address for fund transfer. (Transfer charges are zero)

paytm bhim upi link bank account and how to use

Scan & pay feature allows you to pay at any merchant shop directly from your bank account.

So this is how you can link (add) bank account on Paytm bhim upi and start using it for fund transfer, payment and request money.