Paytm will shut Down on 29 Feb (Remove your money as soon as possible).

As per the new Ruling from RBI Paytm will stop working from 29th Feb 2024.

Today most people in India use Paytm for different services like UPI payment, Mobile Recharge, Electricity bill payment, etc. Many people also use Paytm Bank for their banking services but from the 29th of Feb, all these services will stop working so withdraw your money as soon as possible.

For many months RBI has been monitoring Paytm and found many loopholes in Paytm company. RBI also asked Paytm to show its shareholder details, but Paytm failed to do so.

There are speculations about Chinese money invested in Paytm via 3rd party which was banned by RBI in the past. Read more.

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