Paytm introduces Total Balance Check feature for UPI-linked bank accounts

Paytm has introduced a new Total Balance Check feature for UPI-Linked Bank Accounts. The latest feature allows the user to check both their individual and total bank balances for accounts linked on Paytm via UPI at one place.  While users had to previously check each account’s balance and add up the total manually, this addition by Paytm now gives the user their cumulative balance upfront, in real time.

With this new feature, Paytm ‘securely fetches individual bank balances after UPI PIN verification and instantly displays the total balance upfront, making fund management simpler and faster’, the company said on Wednesday.

This feature is especially useful for people who maintain separate accounts for savings, salary, and expenses. The service is available to users who have linked their bank accounts for UPI on the Paytm app.

 “With Total Balance View, users....can effortlessly check both total and individual bank balances. This makes it easier to track expenses, plan spends, manage savings, and make informed financial decisions,” the company added.

The new balance overview feature has been added under the ‘Balance & History’ section in the Paytm app. As soon as the UPI PIN is entered for each linked account, the current balance will appear at the top of the screen, offering a real-time snapshot of funds available across all accounts.