Remember the cash crunch that we all witnessed in 2016 which was the “demonetization” period? Well, yes it was frustrating for many poeple (and more frustrating for some people for other reasons) But moving ahead, at the time of the demonetization period Paytm was the one app that turned out really huge in India. As depositing cash in bank accounts was the only option out. And so there was a huge shortage of cash in hand for a number of households. So, at that time being cashless and doing online transactions was rather mandatory. But now after a few years, when everything is sorted, using Paytm application has indeed become a habit for almost everyone using smartphones. As basically, now we have actually forgotten carrying cash physically! And that is all because of Paytm.
But if you are literally living under a rock and have no idea what is Paytm then, it is a digital payment instrument where you can transfer money from your bank account or credit card or debit card to use for transactions on the platform. In simple words, it has simplified the way we do online transactions in a safe and secure form.
But with all these everyday transactions, it is tough to know how much balance is left in your Paytm wallet. And also apart from the transaction, there are many websites which promote using the Paytm wallet to get a discount on your total (simplified payment and getting a discount that’s a jackpot). So, if you’re someone you quickly want to know your Paytm wallet balance for maybe doing a quick recharge or to buy movie tickets or any other reason, then you are at the right place! As below are the steps through which you can check Paytm wallet balance without any hassle.
How To Check Paytm Wallet Balance:
- Install and open the Paytm application.
- Once the app is opened, tap on “Passbook”.
- Next, enter your lock screen password (if any) for authorization. And then that’s it your Paytm Wallet Balance will be right on your device’s screen.
Now, on the passbook page, you can see your Paytm wallet balance as well as the previous transactions that you made using the Paytm app. It shows you the transaction summary of the money that was paid and received through Paytm. And in addition, the Passbook page also shows the transaction summary of the time when you have added money to your Paytm account.
Main Features of Paytm Application:
- Mobile Recharge and Bill Payment.
- Money Transfer.
- Water, Gas, and Electricity Bill Payment.
- DTH Recharge.
- Pay with QR Code Scanner.
- Book IRCTC Train, Bus and Flight Tickets.
So, above were the steps through which one can check Paytm Wallet balance on their smartphones without any hassle. Now, the cash in your Paytm wallet can be used to pay bills at various places such as petrol pumps, departmental stores, restaurants, multiplexes, hospitals and various other places where merchants provide the Paytm money transfer services.
But if you don’t have a sufficient amount in your Paytm wallet then you can easily transfer it from your bank account to your Paytm account. For doing so, tap on “Add Money” option, then select the payment option, now enter your bank details, and tap on “Pay Now”, that’s it your money will get transferred immediately. But bear in mind if you want to transfer your Paytm wallet cash to your bank account then there are certain tax reduction in the process.
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