How to Delete Bank Account in Paytm
If you're considering deleting your bank account in Paytm, you've come to the right place. Paytm has become one of the leading digital payment platforms, offering convenience and efficiency to millions of users worldwide. However, circumstances change, and you may find it necessary to remove your bank account from the platform. In this concise guide, we'll walk you through the process step-by-step, ensuring a hassle-free experience. So, if you're ready to bid farewell to your Paytm bank account, let's dive in and get started.
Delete Bank Account in Paytm: 5 Steps
Step 1- Launch Paytm app - Open the Paytm app on your mobile device.
- Ensure that you have a stable internet connection.
Step 2- Tab on profile Icon - Locate and tap on the profile icon, usually located at the top left or right corner of the app's home screen.
- This will open your Paytm account settings.
Step 3- Select UPI & Payment settings - In the account settings menu, look for the "UPI & Payment" option and tap on it.
- This section manages your bank account and other payment settings.
Step 4- Tab on Remove account. - Within the UPI & Payment settings, find the option to remove your bank account and tap on it.
- Paytm may ask you to authenticate your identity using a PIN or other security measures.
Step 5- Tab on Remove Bank - You will be presented with a list of bank accounts linked to your Paytm account.
- Select the bank account that you wish to delete and tap on the "Remove Bank" option.
Deleting your bank account in Paytm is a straightforward process that can be completed within a few simple steps. By following the instructions outlined above, you can easily remove your bank account from the Paytm app. Remember to consider any pending transactions or dues before proceeding, and always verify the accuracy of the account details to avoid any complications.
Tips
- Ensure you have completed all pending transactions and cleared any pending dues before deleting your bank account from Paytm.
- If you have multiple bank accounts linked to Paytm, ensure that you are removing the correct account to avoid any inconvenience.
- Double-check your bank account details before initiating the removal process to avoid any errors.
FAQ
- Will deleting my bank account in Paytm affect my existing Paytm wallet balance? No, deleting your bank account in Paytm will not impact your Paytm wallet balance. Your wallet balance will remain intact and accessible even after removing the bank account.
- Can I delete my bank account in Paytm if I have pending transactions or outstanding dues? It is recommended to complete all pending transactions and clear any outstanding dues before deleting your bank account in Paytm. This ensures a smooth transition and avoids any complications.
- Can I remove multiple bank accounts from my Paytm account? Yes, Paytm allows you to remove multiple bank accounts from your Paytm account. Follow the steps mentioned earlier for each bank account you wish to delete.
- Will deleting my bank account remove all my transaction history? No, deleting your bank account in Paytm will not erase your transaction history. You can still view your past transactions and details in the app.
- Can I add a different bank account after deleting one in Paytm? Yes, after deleting a bank account from Paytm, you can add a different bank account. Simply follow the steps to add a new bank account in the app.
- Is there a waiting period after deleting my bank account in Paytm before I can add a new one? There is no specific waiting period after deleting a bank account in Paytm. You can immediately add a new bank account once the deletion process is complete.
- What happens if I accidentally delete the wrong bank account in Paytm? If you accidentally delete the wrong bank account, it is advisable to contact Paytm customer support for assistance. They will guide you on the necessary steps to rectify the situation and help you add the correct bank account.