Paytm KYC

Complete Paytm KYC | Updated 2020

Paytm KYC stands for Know Your CustomerThe aim of doing KYC is to prevent banks from being used unintentionally or for the wrong purpose.

If you don’t have Paytm then download it from here to avail various benefits of it. 

After an update from Paytm the old methods focompleting the KYC has been stopped (Self KYC, Doorstep KYC). The only method is available now days is visit nearest Paytm KYC center to complete the KYC and become a verified customer of Paytm.

The Need Of KYC

As per the guidelines of RBI (Reserve Bank Of India) all customers of any wallet or bank who want to use for higher balance (Limit will increases) for sending money or for another purpose.

What Is Full KYC

Full KYC is the process of submission of your valid ID proof manually. Full KYC can be completed at any KYC center. You can find any nearest KYC center by the below-described methods. After completion of full KYC, you will also get more advanced features.

How To Complete Paytm KYC

To become a Paytm KYC customer you must have to complete your KYC by visiting the nearest KYC center. There are several steps that are to be followed to complete your Paytm KYC. You will also get the list of KYC centers from these steps. So, without wasting the time let’s start the process.

Step By Step Guide To Complete Paytm KYC

Right now there is only one easy method are available for completing the KYC. You can navigate to the nearest Paytm KYC center by this method and complete the KYC very fastly. While the Paytm will take 4-5 days to reflect KYC status in your wallet. You can also check your KYC status is updated or not.

Step 1: The first step is to log in to your Paytm app to become a verified Paytm customer.

Step 2: Once you have a login to your Paytm app you have to left swipe the upper menu and after that, you can see there is an option Nearby KYC tap on it.

Step 3: At this step, you have to select your state and your district to see the nearby KYC center.

Step 4: Now you can see the list of KYC centers with their outlet name, address & contact number of the KYC center. Visit the nearest KYC center with your documents to complete your KYC.

Your KYC will reflect in your Paytm wallet within 4-5 days. You can also check your KYC status is updated or not.

List Of Documents Needed To Complete KYC

  1. Aadhaar Card
  2. Voter ID
  3. Driving License
  4. Passport
  5. NREGA card

Benefits Of KYC

There are lots of benefits to having KYC. You can check it out here for all the benefits of KYC.

  1. You can transfer money to anyone after completing the KYC.
  2. Your wallet limits can be increased after completing the KYC.
  3. The limit can be extended up to 1 Lac.
  4.  If you have completed your Full KYC then you are eligible to open a Paytm Payment Bank account.

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

As of now, there is no KYC customer care number is available. But you can find the Paytm KYC center and contact to the KYC center outlet for more information. You can find all the details like Name, Address & Mobile number of KYC outlets by these methods.

FAQ (Frequently Asked Questions)

How long does it take for KYC verification?

Usually, it will take 4–5 days to complete the KYC. If it takes a long time then you can simply drop a mail to Paytm regarding this.

How can I see my Paytm statement?

To download the Paytm wallet statement first understand the Paytm. Paytm is India’s largest digital payment platform that allows the user to do various transactions like Mobile RechargeSend Money (Wallet to Wallet And Wallet To Bank), Metro RechargeBroadband Bill PaymentBuy & Sell Gold, and many more. You can see how to Download Paytm Statement.

How to know Paytm KYC is completed or not?

You will get a Blue verified tick in your profile section if your KYC is completed. And if you didn’t get the Blue verified tick in your profile section it means your KYC is not completed. Now the first step is to complete KYC. There are a few steps which are to be followed to check the KYC is completed or not.

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