How To Remove A Bank Account From Paytm
Paytm UPI is a new way to send money from one bank account to another bank account. You just need to link your Bank account with Paytm UPI and then start sending money to any Bank account or UPI ID which is linked with the person’s Bank account.
If you have balance in your account, then make sure to use it or transfer it before sending a request for closure. Balance transfer from your Paytm account to another Paytm account or bank account is allowed only after KYC as per the RBI guidelines dated October 11, 2017, Para 9, Point no. 9.1 (i) (g) and (k) (see applicable RBI guidelines here: bit.ly/ppiwallet). Updating/ Removing Bank accounts: To make updates to any bank account, you will have to remove the bank account and then add it back. To delete a bank, you will have to click on the VPA, which will re-direct you to your list of active bank accounts. This list will show you all active banks linked to your UPI ID. Yes, you can delete beneficiary account from paytm just go to profile - payment settings- Manage Beneficiaries then select the one which you want to delete -just left swipe it (It shows options) edit and delete. Just select the delete and done! Go to UPI Go to bank account Click on 3 dots and click on disable UPI. This is the only way you can remove primary bank account otherwise it will keep showing you that you can not disable primary bank account you have to disable UPI.
You can also pay online directly from your account to any e-commerce website using UPI address which linked with your bank account, so you don’t need login net banking or enter Debit card or credit card details.
If you already registered your Bank account with Paytm UPI and want to deregister your UPI profile from Paytm then follow these easy steps mentioned below.
You just need to delink your Bank account from Paytm to deactivate your UPI profile.
Before you start, please note that all your UPI transactions history, UPI address and all information removed from your Paytm UPI profile. One more thing is that you can not create the same UPI address after deleting your account.
Delete Paytm UPI Account
If you are using another UPI application and wish to remove Paytm UPI account then here are steps:
Step 1: Login to Paytm application and tap on UPI section.
Step 2: Next screen you can see your UPI account (Linked bank account and UPI ID). Simply tap on three vertical dots on the top (right side) as you can see below screenshot. You can see now “Deregister UPI Profile” option, tap on it.
Now confirm your request and tap on OK.
Done! your Paytm UPI account deleted successfully.
You can again link your Bank account and Create UPI profile but all previous account information cannot be retrieved. If you are deleting your account to change UPI address then let me tell you can change Paytm UPI address without deleting the account, follow this process:
- Related Article:How to Change Paytm UPI address
How To Remove A Bank Account From Paytm Account
How to re-activate again?
If you wish to re-activate your UPI profile in Paytm then you just need to verify your mobile number again. After re-activate UPI profile, your bank account linked with Paytm UPI will be restored.
Paytm Payment Bank
- Tap on UPI section in Paytm
- You can see the re-activate option, tap on it.
- Now your mobile number will be verified by sending an SMS.
- After verification, your bank account will be restored.