Question: Can I Use Paytm Wallet Without Bank Account?

Can I do Paytm KYC online?

You can complete the process using your mobile number, PPI’s app, online, or by visiting a KYC centre.

Here is how you can complete the full KYC process for Sodexo, Ola Money, and Paytm..

How can I use Paytm wallet amount?

To do so, follow these steps:Open the Paytm app.On the app home screen, tap on the ‘Pay or Send’ option.Tap on the “Mobile No.” option.Enter the mobile number of the person to which you want to pay or send the money. … Enter the desired amount.Tap on the ‘Send Money’ button to proceed with the payment.

How can I add more than 10000 in Paytm wallet?

“To add money to your wallet without any charge, we recommend you to use other payment options such as UPI or Debit Card. Kindly refer the charges mentioned on our website,” Paytm said. In case the first transaction exceeds the limit of ₹10,000 in a month, then Paytm will charge 1.75% and impose GST.

How can I complete KYC in Paytm at home?

How to complete KYC process through the Paytm appLog in to the Paytm App.Tap on ‘Nearby’ option.Tap on ‘Upgrade Account’ to proceed.Select the desired location from the list areas and visit the place to complete your KYC.Users will have to carry their Aadhar card and Pan card as an ID Proof.

How much money can we add in Paytm wallet?

How much money can I hold in the New Paytm Wallet? At any point in time, you can hold up to Rs. 10,000/- in your New Paytm Wallet.

What is Paytm minimum KYC?

In order to complete minimum KYC, you need to provide your Name and Unique identification number of any of Passport, Voter ID, Driving License or NREGA Job Card. Minimum KYC allows you partial access to benefits of Paytm Wallet. With minimum KYC wallet, you can do the following: … Cannot send money to a friend’s wallet.

What documents are required for Paytm full KYC?

Documents accepted for KYC: Aadhaar card, Passport, Election ID card. All e-wallet companies are accepting Aadhaar card as one of the documents for verification, other than Aadhaar card, users can also give additional documents like Passport, Driving License, Pan Card, Election ID card.

Is KYC needed for Google pay?

Unlike wallets, Google Pay does not require KYC since it uses UPI as the interface. … It is safe and secure, as it will require your UPI pin before making any payments. It also has NFC-enabled payments. Pros: No transaction charges; offers and cash-backs included; easy to use.

How do I add money into a Paytm wallet if I don’t have a bank account?

Step 1: Here, you can add money to your Paytm Wallet by selecting the Add Money tab present on its homepage. Step 2: On Paytm app, you can add money via your Credit/Debit card, Net Banking, UPI, IMPS or ATM card. Step 3: You have to enter the amount you want to add and tap on the Add Money option.

Why I Cannot use Paytm wallet?

In case, any one of the parties have not completed their KYC, the transaction would not happen. Despite having completed the KYC process, to send an amount higher than Rs. 10,000, you will need to add the receiver as a beneficiary through your Paytm app.

Is Paytm KYC Safe?

Paytm KYC Fraud: Digital payments have made our lives easier. … While these digital payment platforms are making sure everything is secure, hackers and fraudsters still try to sneak into your account. Paytm has just seen a hit by online scammers where 190 Paytm users duped of Rs 1.13 crore on the pretext of KYC update.

How can I get cash from Paytm wallet?

Follow these simple steps to transfer your money from Paytm to your bank account1Open the Paytm app & Tap on ‘Passbook’2Select ‘Paytm Wallet’3Select ‘Send Money To Bank’4Tap ‘Transfer’5Enter the amount & bank details.6Confirm the transfer.7Its done! Money transferred successfully.

Can I deposit cash in Paytm?

All you’ve to do is to fill in the“Pay-in-Slip” (available at all branches) with your mobile phone number that is registered with Paytm as reference number, then submit the deposit slip at the cash counter, and money will be credited into your Paytm Wallet.

Can I use Paytm wallet without KYC?

A. Minimum KYC is required for using Wallet. Without minimum KYC it is still possible for you to use Paytm for UPI money transfer and make purchases using credit/debit cards and net-banking.

Is Paytm KYC free?

KYC is FREE. You don’t have to pay any charges to the authorized Paytm Payments Bank representaives for KYC.

How can I know my Paytm wallet limit?

Open up your Paytm App. Now click on the Add Money button on the home page. You will see an Upgrade Usage limit button, click on it. Now Enter your Aadhar number and Aadhar name listed on your Aadhar card and click on proceed.

What is the minimum balance in Paytm wallet?

Account Opening Paytm Payments Bank offers all the services which it does as a wallet, and additional features like: No minimum balance requirement. All digital transactions are free. 2.75% Interest per annum on the money deposited in the Savings Account.

How can I transfer more than 25000 in Paytm?

You can also send upto Rs. 25,000 to a bank account every monthUpdate your Paytm app from the Google Play Store or Apple Store.Go to Profile, tap on Manage Beneficiary and select Add Beneficiary.To send money to other user’s wallet, add their Mobile Number. … To send money to any bank account, add bank account details.

Can we transfer money from Paytm to Google pay?

Open your Paytm app and follow the steps mentioned below to transfer money from Paytm to Google Pay account. Tap on UPI Money Transfer located on the top bar. Type the UPI ID of the recipient Google Pay account, which can be found on Google Pay app’s home screen, just below the account user’s name.

Can I use two Paytm account in one phone?

Yes, it is possible to make two accounts and even more on the Paytm App but with two or more different Mobile Numbers. Each Unique Mobile Number can have only One Account at a time. … You cannot run two accounts simultaneously but you can logout out of one account and then login from another and so on.