Paytm Payments Bank has crossed Rs.600 crore in fixed deposit accounts as it witnessed growth during the lockdown period due to volatility in other assets in other asset classes. These fixed deposit accounts are being currently held with its partner IndusInd Bank. During this period of volatility a number of PPB bank account holders are moving their savings into fixed deposits due to the uncertainty surrounding other asset classes. PPBL offers its customers the choice to opt for a FD with its partner bank (IndusInd Bank), allowing them to earn up to 7% annual interest; among the highest in the industry. PPBL has also crossed the Rs.1000 crore in savings accounts.