PayTm finally released its PayTM Money app and is available for download in Google Play Store & Apple App Store for all users.
With PayTM providing so many services from mobile recharges to flight ticket booking to ecommerce, the company revealed few weeks ago on social media platforms, its plan to offer Mutual Funds investments services.
Download PayTM Money App:
The app is available for download on iOS – iPhone, Android which you may download directly from below link.
PayTM Money Andorid App: Download
PayTm Money iOS App: Download
How to Set up PayTm Money on your Phone:
The set up process is pretty simple & straight forward.
- Download App from respective app store links given above,
- Enter your PayTM login id /password to initiate sign up process
- Enter PAN card number to start eKYC process ( If you’ve already completed eKYC then it’s going to more simple )
- Authorize to get your data for eKYC verification, enter OTP number sent to your aadhar registered number
- Now, Add Bank Details -> Account Number, IFSC , Verify by uploading cancelled Check or Bank Statement
- PayTm Money will now deposit a small token of Rs.1 on your account to verify your account.
- Once done. You’ll see eKYC verification status as pending.
- After few hours, the eKYC process will be done and complete
- You’ve successfully completed Installation, Set up & Activation of PayTM Money app
- Search your favourite mutual funds , start investing.
Not so many are into Stock market, investments, with PayTM having so many youths on its user base, there’s huge potential for it to make it huge success.
And it already saw more than 800,000 people showing interest to sign up for its PayTM Money app.
Finally, after quite a long wait, the app has been released on September 4th, 2018 for both Android and iOS platforms.
So many of you might be a new user when it comes to mutual funds, mine as well.
I’m not going to talk or suggest you on picking mutual funds, instead, i’m going to share how to download PayTM Money app, set up and activate it on your mobile phone.
Features offfered by PayTm Money:
- Top Rated Schemes
- View Funds by highest returnds in their respective categories
- India’s Trusted Fund managers
- Minimum Investment Amount : Start with Rs.100
- Smart & Powerful Search
- Leading Mutual Fund Companies
- Instant Redemption Funds
- Investment Ideas
- View Updated Portfolios everyday
- Simplified Investment Insights
- Request Statements Anytime
- Easy SIP management
- Step by Step Tracking of transactions
- Goal Based Tracking
- Detailed NAV of all Schemes
- Historical Scheme Performance
- Category Performance
- Riskomenter for all schemes
- Mutual Fund Holdings
- Suggested Days for SIP
- No Charges on Investments
- No Hidden Commissions
- No Transaction Fees
- Free & Digital KYC on Mobile
- Free Risk profile assessment
- Fully Mobile Investing
- High Returns with Direct Plans
- Real Time Status Updates
- Invest from 5 Banks
- Safety Wise: 2 factor authentication, transparent tracking, fingerprint & PIN enabled protection, data privacy & protection.
PayTM Money lets you add money via different mode of payment including Netbanking, Auto pay with eMandates, UPI.