IFSCPaytm Payments Bank: what happened to the bank and its IFSC codes
Paytm Payments Bank is no longer on the register of banks. Paytm Payments Bank was taken off the register of insured banks by DICGC, the deposit insurer owned by the Reserve Bank of India, in the year 2026-27 (April to March). A bank leaves that register when its licence is cancelled, when it is wound up, when it stops its banking business in India or when it becomes part of another bank. The official list gives no reason for this bank, so we do not state one.
Its IFSC codes are no longer in the lists of the Reserve Bank, so no payment can be sent to them. We have no record of a code that replaced them.
If you had a deposit there
Deposits in every bank in India are insured by DICGC up to ₹5 lakh for each depositor in each bank, counting principal and interest together (the limit since 4 February 2020). When the Reserve Bank cancels a bank's licence and a liquidator is appointed, depositors claim this amount through the liquidator; amounts above the limit depend on what the liquidator recovers. The official details are on dicgc.org.in.
Old codes of Paytm Payments Bank
| Branch then | Place | Old IFSC code | What now | Last listed |
|---|---|---|---|---|
| Noida Branch | Gautam Buddh Nagar | Not matched: see what to do | 2026-01 | |
| Service Centre | Noida | Not matched: see what to do | 2026-01 |
Check an old code
Questions
Can I still send money to a Paytm Payments Bank account?
No. Its IFSC codes are out of the payment system, so a payment to one of them is refused. Ask the person you want to pay for their current account details.
What replaced the IFSC codes of Paytm Payments Bank?
We have no record of a replacement. The official list of de-registered banks shows no merger for this bank.
Old codes come from the lists published since December 2006. Current data as of 1 September 2026. All merged and closed banks