Payment banks provide service of banking at the doorstop. The prime objective of launching Payment Bank by RBI was provide financial services to small business, low-income household, migrant labour and common people of India living in remote and rural area. In this post, I will share key information about Payment Banks including Top 5 Payment Banks in India 2021. Payment Bank overview Payment banks are different compared to normal bank. Payment banks are operating at lower scale. Payment bank can do most of the banking operations however, as it is operating at lower scale there are few restrictions associated with