Join ExamsbookAnswer : 4. "Paytm Payments Bank"
Which Payments Bank becoming the first bank to offer cash backs on deposits ?5
Q: Which Payments Bank becoming the first bank to offer cash backs on deposits ?
- 1Postal Payments Bankfalse
- 2Airtel Payments Bankfalse
- 3Aditya Birla Payments Bankfalse
- 4Paytm Payments Banktrue
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Answer : 4. "Paytm Payments Bank"
Explanation :
Answer: D) Paytm Payments Bank Explanation: Paytm Payments Bank becoming the first bank to offer cash backs on deposits. Customers will also be offered zero charges on all online transactions and no minimum balance requirement. The Payments Bank plans to roll out 31 branches and 3,000 customer service points in the first year. For savings accounts, it will offer an interest of 4 percent per annum. It will also offer current accounts to its millions of merchants.