If you use paytm, then you must have heard the name of KYC. There are many people who use paytm but they are not able to use paytm completely. They are deprived of the benefits of Paytm.
The only reason for which is that the person has not completed his paym kyc. If kyc is not complete even in your Paytm wallet, then this post is for you.
In this post I will tell you completely how to do kyc in paytm? Paytm kyc verify How to and how to upgrade? So you must read this article till its completion.
In this post I will tell you completely how to do kyc in paytm? Paytm kyc verification and how to upgrade? So you must read this article till its completion.
To make full use of Paytm app, it is mandatory to have Paytm KYC. If your Paytm KYC is not completed then you cannot fully use Paytm. And paytm VIP customer also does not get benefit.
Without Paytm kyc verification, you cannot send money from your Paytm account to any other Paytm account or even reveive. So why is this happening? For transaction of money from one account to another, Paytm kyc is required to be complete.
But before that, let me tell you what is Paytm kyc? So that you know why having KYC in Paytm is so important.
what is kyc?
“Know your customer” is the full form of KYC. KYC is used in financial services or banking and has been made mandatory by the government.
All these areas use this KYC to keep the identity of their customers, which can keep your name and your address information.
Now the question may have come in your mind that which documents will be required to get the paytm kyc verified? The Government of India has kept the Aadhaar card as the original document for this. If you have an Aadhaar card then you can verify Paytm KYC.
Apart from Aadhaar card, you can also verify your Paytm KYC with voter ID, passport, driving license, pan card.
You must be above 18 years of age to verify Paytm kyc. If you are under 18 years of age, you can get it done in the name of your father or a member of your family.
How many types of KYC?
Actually, there are two types of KYC in Paytm and the features of those two KYC are different which we will know further.
- Mini KYC
- Full KYC
Now you know what is KYC and what is the type of KYC. Let’s talk about how to do mini kyc or full kyc in paytm.
How to do Paytm Mini Kyc
If you are not above 18 years of age, you can still do mini kyc but you cannot do full kyc. If you want to get mini kyc then you must have voter ID, driving license or any other government approved document.
If you do not have this document, then you can get mini kyc in paytm through your father’s document too.
So you first open the Paytm mobile application. Now click on the menu button on the left, From that you now open my profile settings. Now you will see the option of Mini KYC.
Now you will get the list to submit the document Select one of these options.
Now a form will appear in which you can fill your information, now your KYC process is complete. Now you can take full advantage of paytm.
Benefits of Paytm mini kyc
- With Paytm you can shopping for any product and make online payment.
- You can keep a balance of up to Rs.10000 in your Paytm wallet.
- Pay online at any store.