India's largest digital bank Paytm Payments Bank is the only bank providing zero balance accounts and zero charges on digital transactions. The bank has recently unveiled its ATM service named

The Big ATM

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Paytm Ka ATM

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Digital India ATM

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ATM of Paytm

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Face of ATM

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Solution

The correct option is B
Paytm Ka ATM

India's largest digital bank Paytm Payments Bank is the only bank providing zero balance accounts and zero charges on digital transactions. The bank has unveiled 'Paytm Ka ATM' outlets that allows customers to open Saving Accounts and deposit/withdraw money from their bank accounts.

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Similar questions

Q. India's largest digital bank _____________ is the only bank providing zero balance accounts and zero charges on digital transactions.

Q. Finance Ministry has asked the Reserve Bank of India to allow common ATMs that will be owned and managed by non-banking entities, hoping to cut transaction costs for banks. Such ATMs are known as_____________.

Q. Which of the following banks introduced the first ATM in India?

6. Consider the following statements,

1] Recently, India Post received payments bank licence from the Reserve Bank of India to start rollout of banking operations commercially under the permit.

2] India Post Payments Bank is the third entity to receive payments bank permit after BhartiAirtel and Paytm.

Which of the above statements is/are correct?

Q. As per the notification issued by the banks, the "third party ATM usage" will now be restricted to certain withdrawals and limits only. What does it really mean?
A. The ATM cardholders will not be able to withdraw from other banks ATMs under any circumstances.
B. Customers of one bank may be able to withdraw only a limited amount from other banks ATMs.
C. ATM card holders will have to pay a fee if they withdraw money from other banks ATMs frequently.

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