The PayTM Payments bank limited have announced that they have started a new facility for their senior citizen users named Cash at home. They will facilitate the cash to all the senior citizen and differently abled citizens to their homes only in the Delhi, NCR region.
For availing this feature, users need to follow these steps-
1- Make a savings account with the Paytm payments bank.
2- Then you have to click on the cash at home tab.
3- Then enter the amount you want at home and submit the request.
4- Within 2 days, the bank executive will receive the request and deliver the amount to the registered address.
Note that senior citizens can request minimum amount of INR 1000 and maximum INR 5000 from this cash at home feature.
The bank said in a release- “‘Cash at Home’ facility is the latest among the services that the bank has launched to make the banking experience more convenient and accessible for its customers. Recently, it has launched a Direct Benefits Transfer (DBT) facility where it enabled customers to receive the benefits of over 400 government subsidies directly into their PPBL Savings Account. The process for availing of ‘Cash at Home’ facility is simple & seamless. Any senior citizen, who is holding a Savings Account with the Paytm Payments Bank can click on the tab in their Paytm app to enter the desired amount and submit their request. The bank executive would deliver the requested amount at their registered address within 2 days of raising the request. The minimum amount that can be requested is ₹1000 and the maximum amount will be limited to Rs. 5000,”
Other banks are also thinking about the same facility.