Paytm Payment Bank create some rules for BO(Banking Outlet)
BO Payouts Rules and customer transactions limit Deposit -
*Customer per transaction cash deposit limit minimum Rs 10 and maximum Rs 10,000
Withdrawal -
*Customer per transaction cash withdrawal minimum Rs10 and maximum Rs 10,000
*Customer per Day cash withdrawal minimum Rs 10 and maximum Rs 25,000
Channel Payout-
*BO's are given the following commission on cash deposit and withdrawal
~ 0.3% of daily cash deposit + withdrawal is conducted on T+1 basis
~0.2% is on monthly cash deposit +withdrawal conducted at end of month
~0.2% is on monthly cash deposit +withdrawal conducted at end of month
*Suitable fraudulent checks will be put before payout.
Commission Rules -
1.Any transactions done between 11:00 pm to 5:00 am will not be considered for commission.
2.No commission will be paid after 3rd cash in or after 3rd out transactions done in a single day for an individual customer.
3.For an individual customer 5 cash in or 5 cash out transactions in a single month will be considered for commission.
3.For an individual customer 5 cash in or 5 cash out transactions in a single month will be considered for commission.
4. First 5 lacks cash in and first 5 lacks cash out transaction will be eligible for receive commissions for a particular BO in a month.
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