Paytm Offers Exclusive Benefits For Customers With Completed KYC
RBI’s new set
of guidelines that have been implemented starting 1stMarch’18 have
mandated companies offering mobile wallets to ensure their customers undergo
KYC (Know Your Customer) for a more seamless experience. This will ensure money transfers are simpler, financial systems are
safer and allow Paytm users to access additional products and offers. Paytm has further made it simpler for its customers to
undergo the KYC process by making it instant and 100% paperless.
To keep using your Paytm Wallet, you can simply update the
document number of your Aadhaar , PAN , Passport, Voter ID, Driving License or
NREGA to do your minimum KYC. This takes seconds, but comes with limited
benefits and is valid for only 12 months – you can store up to Rs. 10,000 as
your Paytm balance, and make payments at merchant outlets.
The full KYC process offers the full range of benefits to
customers:
1. Tap on the KYC
icon on your Paytm app
2. Enter your Aadhaar Number and name as it appears on your
Aadhaar Card
3. Kindly enter the OTP received in your Aadhaar linked Paytm
number
4. Cross-check your Aadhaar details to ensure its you
5. Enter some basic details such as your Marital Status,
Father’s name, Mother’s name, etc. You are now an Aadhar KYC verified customer,
and if you stop here, your KYC will be valid for one year, with ability to
transfer to another Paytm wallet or a Bank Account. However, the total credit
to your wallet will be restricted to INR 2 lacs per annum.
6. Navigate to your nearest KYC outlet, or enter your address
for KYC verification at your doorstep
7. Your KYC details are verified!
Incase
you don’t have your Aadhaar Card, you can still become a full KYC customer by
entering your Voter card, NREGA card, Passport and Driving license number and
then request in-person verification by walking into your nearest Paytm KYC
point or getting it done at your doorstep.
All
Paytm full KYC customers receive exclusive benefits including unlimited
spending from their Paytm Wallet, storing upto Rs. 1 Lakh in their Paytm
Wallet, sending up to Rs. 1 Lakh to another Paytm user & sending up to Rs.
25,000 to their bank account every month, receive Paytm cashback, option to get
a free Paytm Payments Bank account in less than a minute and also Rs. 200 cashback.
Get your Paytm KYC done today!
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