E KYC

KYC, which stands for ‘Know Your Customer’, must be a familiar term for any Indian who tried to get any utility connections like sim, LPG or open a bank account. KYC is a regulatory policy that has been developed and applied worldwide to curb identity theft, frauds and money laundering. Through a KYC form, details of the customer along with photocopies of valid government identity proofs are collected and stored in a database. eKYC is the electronic version of the KYC which is administered by the Unique Identification Authority Of India (UIDAI). Like the normal KYC, the idea of eKYC too is to verify the identity of an individual except that it is done online.

PAYTM E KYC

We are overwhelmed at the response we are getting from you to increase the wallet limits as many of our users are now using Paytm for lot more transactions than ever before. As a result, many users are exceeding the default limits of Rs.20,000 a month.

To increase your wallet limits, just get a KYC done and upgrade your account.

Fully digital and instant KYC process.

RBI guidelines only allow total transactions of Rs. 20,000 per month for basic wallet users. However, you can spend unlimited amount and store up to Rs.100,000 by completing your Paytm KYC process.