What are the benefits

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What are the benefits of becoming Paytm full KYC customer?

By becoming a full KYC customer, you can get rid of the Rs. 10,000 monthly limit. Additionally, you will get the following benefits:

  • No spending limit
  • Balance in your wallet at any point in time can be upto Rs. 1,00,000.
  • Eligible to open Paytm Payments bank account in 2 simple steps:
    • Click on the ‘Bank Account’ icon on Paytm App
    • Set a passcode (if not set already) and provide nominee details for your account.

Note: For a full KYC customer as per RBI regulations, the total amount that one can send to other Paytm customers or to any bank account is capped at Rs 25,000 for a calendar month.