Paytm Payment Bank has come up with a zero charge plan for all the online transactions. As per the plan, customers can now open accounts with zero balance. That said, the account holders of Paytm Payment Bank are not required to maintain minimum balance in the account. On the other hand, Bank will also offer a 4 percentage interest on normal savings account; also it will provide up to 7.03 percent to customers for keeping money in sweep out fixed deposit. That said, Paytm Payment bank will not be levying any charge in terms of penalty charges, if s/he violates the sweep out fixed deposit.