Paytm Payments Bank is a payments bank, which means it can accept deposits but cannot lend money. Its statement reflects this different business model.
Downloading your statement
Open the Paytm app. Go to "Paytm Bank" in the bottom menu. Tap on your balance. Select "Bank Statement." Choose a date range and download the PDF. The statement goes to your registered email as well.
What the statement shows
Paytm Payments Bank statements show all UPI transactions, wallet top-ups, bill payments, and fund transfers. The format includes date, narration, debit, credit, and balance columns. UPI transaction IDs are included in the narration field.
Interest on balance
Paytm Payments Bank offers interest on savings balances. The rate has been around 2.5% per year. Interest credits appear monthly or quarterly depending on the current terms. Check the narration for "INTEREST CREDIT" entries.
Limitations as a payments bank
Payments banks in India cannot hold more than Rs 2 lakh per customer. They cannot issue credit cards or loans. For large transactions or borrowing, you need a full-service bank account. Paytm Payments Bank statements are generally accepted for lower-value verifications but may not be accepted for large loan applications or visa purposes.
Related reading: Kotak 811 Zero Balance Account Guide, Understanding UPI Transactions in Your Bank Statement, NEFT, RTGS, and IMPS Explained.