How to complete KYC process through the Paytm app
  1. Log in to the Paytm App.
  2. Tap on ‘Nearby' option.
  3. Tap on ‘Upgrade Account' to proceed.
  4. Select the desired location from the list areas and visit theplace to complete your KYC.
  5. Users will have to carry their Aadhar card and Pan card as anID Proof.

Just so, can I complete my Paytm KYC online?

Full KYC basically requires you to link your PPIaccount with your Aadhaar. You can complete the processusing your mobile number, PPI's app, online, or by visitinga KYC centre. Here is how you can complete the fullKYC process for Sodexo, Ola Money, andPaytm.

how do I complete KYC online? Below are the steps involved in the e-KYCprocess:

  1. Fill the details on karvyonline.com.
  2. Submit scanned images of the documents.
  3. Complete IPV (In Person Verification) process over videocall.
  4. Digitally Sign the document.
  5. Account activation.

is Paytm KYC free?

No. KYC is FREE. You don't have to pay anycharges to the authorized Paytm Payments Bank representaivesfor KYC.

How do you send money from Paytm to Paytm without KYC?

Open your Paytm account and sign in.

Note: There are no charges for doing KYC. It is totallyfree of cost to complete the Paytm KYC.

  1. How do I receive money in Paytm without any type of KYC done,because I'm a new user of Paytm?
  2. Can I pay to a merchant through Paytm by getting a minimum KYCdone?

Related Question Answers

Is Paytm safe?

Completely. Paytm is PCI DSS compliant in termsof security. We never store customer's CVV number to ensure theirCredit and Debit Card details are completely safe. Allfinancial transactions on Paytm are done with 128-bitencryption SSL security.

Is Paytm bank safe?

Mobile payments and banking are safe— especially with Paytm, as we use world-classsecurity and encryption to keep your data as safe aspossible. However, your behaviour and actions are probably moreimportant than how you access your Paytmaccount.

Is KYC mandatory for Paytm?

Digital wallet users are required to provide minimumKYC details. Paytm has clarified in a blog that userscan continue to use the digital wallet app even without linkingtheir Aadhaar or KYC process.

How much time does it take to complete KYC?

How much time it takes for KYC /Bank Account verification? KYC / Bank Account verificationis done according to the order the documents were submitted.Usually, It takes less than 24 hours for verification.However, It might take some more time in case thereare a lot of applications.

How can I open Paytm account?

myaccount-create-account
  1. Visit Paytm.com.
  2. Click on ‘Log In/Sign Up' on the top-right corner of thepage.
  3. Click on ‘Sign Up'
  4. Enter your mobile number, email address and a password.
  5. Click on ‘Create your Paytm Wallet'
  6. Enter the OTP, your First Name, Last Name and click on ‘Createyour Paytm Wallet'
  7. Your account will be created.

How long does it take to complete KYC in Paytm?

Hi, You need to visit your nearest Paytm KYCpoint to complete your KYC. After submittingthe docs and verifying the details, it cantake up to 7 days to reflect your KYC in yourPaytm app. But generally this process completes in 2 or 3days.

How do I know if my account is KYC compliant?

To check KYC status
  1. Visit any of the above sites.
  2. Enter your PAN and click ‘SUBMIT'
  3. Check the status. If KYC status is “In process”, “Verified” or“New KYC Registered” then proceed ahead with the mutualfund registration process. If KYC status is “Invalid data” then youneed to initiate KYC process.

How is KYC done?

KYC means “Know Your Customer”. It isa process by which banks obtain information about the identity andaddress of the customers. This process helps to ensure that banks'services are not misused. The KYC procedure is to becompleted by the banks while opening accounts and alsoperiodically update the same.

What are the documents needed for Paytm KYC?

Documents accepted for KYC: Aadhaar card,Passport, Election ID card. All e-wallet companies are acceptingAadhaar card as one of the documents for verification, otherthan Aadhaar card, users can also give additional documentslike Passport, Driving License, Pan Card, Election IDcard.

How do I complete KYC of PhonePe?

You can verify your kyc details using aadhaarcard or other id proofs such as pan card, voter card, passport orothers. 1: First login to your PhonePe wallet and tap on MyAccount and then profile name as you can see below screenshot. 2:Next screen, you can see “Please complete yourkyc” option. Tap on Verify.

Can we send money through Paytm without KYC?

Paytm has clarified that without KYC,transferring amounts out of their Paytm wallets backto their bank accounts or to make cash transfers to otherPaytm accounts is not permitted. However, making paymentswith the Paytm wallet for services like Uber, Zomato,Swiggy, Big Basket, can be continued without anyhindrance.

Why is KYC important?

The objective of KYC guidelines is to preventbanks from being used, intentionally or unintentionally, bycriminal elements for money laundering activities. Relatedprocedures also enable banks to better understand their customersand their financial dealings. This helps them manage their risks ina well judged manner.

How can I activate my Paytm debit card?

Scan & Activate your Debit Card
  1. Scan the QR code on the card back.
  2. Enter your passcode.
  3. Verify your Debit Card details.
  4. Set your. ATM Pin.
  5. Activated Successfully.

What is Paytm and how do you use it?

Using the money in the Paytm wallet, youcan pay for a number of goods without using cash. Among thetransactions you can make on Paytm are recharges for mobilephones, metro cards, DTH cable, data cards, etc, as well aspostpaid payments for mobile phones, landline/ broadband,electricity, water and gas bills, etc.

How can I contact Paytm?

Paytm 24*7 Customer Helpline Numbers
Bank, Wallet and Payments0120-4456-456
Movies and Events Tickets0120-4728-728
Paytm Mall Shopping Orders0120-4606060
Paytm Travel Tickets and Forex0120-4880-880

How can I delete PAN card from Paytm?

  1. Launch your Paytm App.
  2. Tap on the Profile icon at the top right corner of thescreen.
  3. Tap on ‘Edit Profile' at top right corner of the screen.
  4. Scroll down to the field for PAN Card and Aadhaar Card.
  5. Enter your 12-digit Aadhaar Card number or your unique10-character PAN Card number.

How can I call Paytm customer care?

You can make your recharges/ bill payments on the go,via our toll free number [1800-1800-1234] or via SMS[09880001234]

Is PAN card mandatory for KYC?

Form 60 is required to be submitted by an individual whodoes not have a Permanent Account Number (PAN). MUMBAI:Banks can use Aadhaar for KYC verification with thecustomer's consent, the Reserve Bank said Wednesday as it updatedits list of documents eligible for identification ofindividuals.

Is KYC required for PhonePe?

According to PhonePe's blog, the full KYCprocess can be completed through e-KYC process by submittingAadhaar information as well as OTP. The wallet has a three stepprocess to complete the KYC. First, the users must UploadYour ID proof or address proof.