Blog

Can KYC be done at home for Paytm?

by Author

Can KYC be done at home for Paytm?

Option 3: KYC at your Doorstep Also, this facility is not available at all locations but only in a few select cities. You can opt for the ‘KYC at your Doorstep’ option as illustrated in the preceding image. Without KYC, Paytm users cannot add money to their Paytm Wallets.

Can we do KYC online?

If you do not have the time to go through the KYC procedure offline and wondering if KYC can be done online, the answer is ‘YES’. e-KYC eliminates physical paperwork and in-person verification that is needed in case of regular KYC registration.

Can I use Paytm without activating wallet?

Paytm has clarified in a blog that users can continue to use the digital wallet app even without linking their Aadhaar or KYC process. Wallet is only required if you want to add money and spend from wallet,” the company said in a new blog.

READ ALSO:   Is Clarence Thomas a strict constructionist?

What documents are required for KYC of Paytm?

Driving License.

  • Passport.
  • Aadhaar Card.
  • Voter ID Card.
  • Nrega Card.

    • How can I activate Paytm wallet without account?

    How to Activate Paytm Wallet?

    1. Install and log in to the Paytm application.
    2. Locate the Paytm wallet (activate the Paytm wallet just by entering PAN details/driving license/Aadhaar card number, the wallet will get activated with a Rs 10,000 limit)

    What is the KYC process for Paytm?

    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 do I complete in-person KYC verification?

    To become a Full KYC customer, you need to complete in-person verification in any of the following ways: 1. Aadhaar based KYC at your Nearby KYC Point: You can find Nearby KYC points by tapping on http://m.p-y.tm/kyc on your smartphone or visiting this link on your browser.

    READ ALSO:   How do you describe the design of an experiment?

    How much is the fee for KYC?

    There is no fee for KYC. It is absolutely FREE Why do you collect additional details post verifying my Aadhaar? Why KYC itself is a in person process. Why can’t I do it on Paytm app? KYC requires Address proof of customer. You can do this verification using Aadhaar on Paytm app.

    What is kykyc (Know Your Customer)?

    KYC refers to ‘Know Your Customer’ or ‘Know Your Client’. A process wherein a business can verify the identity of customers to gauge their legitimacy and credibility. The process is most used by banks, insurance companies, and other financial institutions to establish the legitimacy of customers