KYC stands for Know Your Customer. The aim of completing Paytm KYC is to prevent the digital wallets from being used unintentionally or for the wrong purpose. If you have complete your Paytm KYC this will be beneficial for you directly because you can access or avail many other top features of Paytm.
How To Know Paytm KYC Is Done
If your Paytm KYC is completed then you will get a blue verified tick under the Paytm profile section. A blue tick is used by Paytm just like every other platform is using to show the status of the user is verified or not.
Step By Step Guide To Check Paytm KYC Is Completed Or Not
If you have not completed your Paytm KYC then you can read our guide on how to complete Paytm KYC. Here is our step by step guide to check the Paytm KYC is completed or not.
Step 1: The first step is to log in to your Paytm app to know Paytm KYC is done or not.
Step 2: Once you have a login to your Paytm app you have to tap on the three lines at the top left corner.
Step 3: After this, you can see there is Blue Verified Tick which indicates your Paytm KYC is completed.
The Need For Paytm 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.
FAQ(Frequently Asked Questions)
Usually, it will take 4–5 days to complete the KYC. If it taking a long time then you can simply drop a mail to Paytm regarding this.
No, you cannot Complete Paytm KYC online. Paytm has removed these features after the update. The only way to complete your Paytm KYC is to visit the nearest Paytm KYC center. There are no charges for doing KYC. It is totally free of cost to complete the Paytm KYC.