No, Paytm doesn\\'t ban accounts for gambling. It\\'s completely safe to use Paytm for your favorite online betting sites. Additionally, it\\'s one of the best ways to do so.
Depositing money with Paytm is absolutely safe as well as legal. However, there are some restrictions that you\\'ve to keep in mind while using Paytm for online gambling sites in India.
Although, it\\'s apparent that if it was illegal, Paytm, being a well-reputed company in India, would have shut it down immediately.