Get flat ₹50 Cashback on first Paytm UPI transaction

Paytm has now launched UPI for both android and iOS users and now you can connect your bank account through UPI to make bank to bank transactions. Open Payments bank accounts if your paytm registered in not linked with any bank and create UPI.

Here you need to know that you can create UPI ID at any platform if mobile in your smartphone is registered with any bank otherwise UPI creation is not possible.

  • Open Paytm App,Click on BHIM UPI
  • Now select the bank account from the list (e.g. if your mobile number is registered with SBI then select SBI or select the bank which is linked with mobile number)
  • Select the bank that is linked with paytm registered mobile number
  • Paytm will send an SMS to verify bank account
  • If bank account will be linked then it will appear on screen
  • Click on bank account and create transaction pin (but if you have already created in past then no need to create UPI pin)
  • Paytm will create default upi number@upi for you but you can change it later


Upon UPI creation do a transaction of minimum ₹50 on the same day. You will receive cashback within 2 working of first UPI transaction.

Terms & Conditions:

  1. Create a new UPI address with Paytm, do your 1st transaction on the same day and get Rs.50 cash back in your Paytm Wallet
  2. You have to complete first transaction by sending money to any of your friend’s UPI address to get Rs.50 cashback
  3. Minimum transaction amount has to be Rs.50 for sending money.
  4. Transaction and UPI address should be created on the same day
  5. Offer starts at 1pm on 13th December. Offer is valid till 15th February, 2018.
  6. Cashback will be credited within 2 working days of completing the transaction.
  7. Offer valid on creation of first UPI address only