Is it necessary to link KYC in Paytm?

Is it necessary to link KYC in Paytm?

A. Minimum KYC is required for using Wallet. Without minimum KYC it is still possible for you to use Paytm for UPI money transfer and make purchases using credit/debit cards and net-banking.

How can I delete my Aadhar card from Paytm?

#Firstly, you need to call the Paytm customer care. You can call using these numbers: 0120-4456-456 or 011-3377-6677. #Secondly, inform them that you wish to delink your Aadhaar from your Paytm account. They will offer to send you an e-mail to proceed with the unlinking of your Aadhaar.

Is Paytm safe for KYC?

While these digital payment platforms are making sure everything is secure, hackers and fraudsters still try to sneak into your account. Paytm has just seen a hit by online scammers where 190 Paytm users duped of Rs 1.13 crore on the pretext of KYC update.

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Can I use my Aadhar card for Paytm KYC?

KYC requires Address proof of customer. You can do this verification using Aadhaar on Paytm app. However if no mobile is linked to your Aadhaar a Paytm agent will need to do in-person verification of your Aadhaar or any other Govt id to do with KYC.

How can I transfer money from Paytm to bank without KYC?

  1. Open Scanner in Paytm.
  2. Scan Barcode of your Friends Merchant Account.
  3. Enter money and Send Money.
  4. It will transfer to Your Friends Bank Account. Note – You can only Transfer or Send Money to Merchant Account.

Can we change Aadhar card in Paytm?

Launch your Paytm App. Tap on the Profile icon at the top right corner of the screen. Tap on ‘Edit Profile’ at top right corner of the screen. Your Aadhaar/PAN Card will be linked to your Paytm profile within 48 hours post verification.

Is Aadhaar card enough for KYC?

For other banking services, Aadhaar is a preferred KYC document. However, if you do not wish to submit Aadhaar, then you may use any other officially valid documents as prescribed by Reserve Bank of India. Remember, linking your bank account with Aadhaar in this case is optional.

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Is it safe to link Aadhaar card with Paytm App?

Yes it is absolutely safe to link your Aadhaar card with your Paytm app. UIDAI has all my details including my bank account, PAN and biometrics. Will it be able to track my activities?

Is it mandatory to do KYC by linking Aadhaar number with Paytm?

It is not mandatory to do KYC by linking Aadhaar Number with Paytm Account, but if you want to bypass the non-KYC Account limit that is to store up to Rs. 1 Lakh and avail other benefits than you will have to get your Aadhaar linked with it.

What is the maximum amount I can spend on Paytm?

The maximum limit is Rs 1 lakh only for KYC-registered users. If you have not submitted your KYC documents, you will not be able to make a transaction of more than Rs 20,000 in a month. Is it safe to link my Aadhaar with Paytm?

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Is e-KYC mandatory to use Paytm Payments Bank?

But if you are using or want to use Paytm Payments Bank, then you have to first do your e-KYC i.e. aadhaar linking with your Paytm wallet. Thanks for reading. P.S.- Please ignore my grammatical mistakes. (Edit – It has become mandatory now.)