NSDL Payments Bank (NSDL) is a payments bank, headquartered in Mumbai, established in 2018.
Rates from aggregated sources. RBI-licensed payments bank — savings accounts only (no FD/RD); deposits insured by DICGC up to ₹5,00,000.
NSDL Payments Bank is an RBI-licensed payments bank: it offers savings accounts only — no fixed or recurring deposits — and caps balances at ₹2 lakh per customer. Deposits are insured by DICGC up to ₹5,00,000 per depositor (principal + interest).
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