New Delhi: India’s leading digital bank Paytm Payments Bank, offering zero balance accounts and zero charges on digital transactions revealed its ATMs or partner outlets ‘Paytm Ka ATM’. Customers can avail the chance to open bank accounts, deposit cash and withdraw money.

Paytm on Tuesday with a huge strategy to invest Rs 3000 crore over the next three years to develop these offline-digital-transaction-networks by permitting local stores to perform as latent cash-in and cash-out points.

The company is commencing with 3,000 ‘Paytm Ka ATM’ points in select cities along with Delhi NCR, Lucknow, Kanpur, Allahabad, Varanasi and Aligarh in the initial stage. These outlets feature local banking correspondents who will facilitate in depositing and withdrawing money from Paytm bank account, making banking simpler and easier to get to.

Renu Satti, MD & CEO, Paytm Payments Bank s informed, “We are setting up to add over 100,000 Paytm Ka ATM banking outlets from corner to corner India, and for that we have invested Rs 3000 crore over the next three years to develop offline transaction  network by permitting trusted local partners to act as latent cash-in and cash-out points.”

The company established its payments bank last month. It provides zero charges on all online transactions and no minimum balance is mandatory for sharing an account.