Can I use my Aadhar card for Paytm KYC?

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.
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Can I complete Paytm KYC with Aadhar card?

Paytm follows a simple KYC procedure to make it easy for the users. It accepts a variety of documents like identity proof such as Aadhar, Passport, Voter ID, etc.
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Can I use Paytm with Aadhar card?

PAN/Aadhaar Card can only be added via your Paytm App. Steps to add PAN/Aadhaar Card via App: Launch your Paytm App. Tap on the Profile icon at the top right corner of the screen.
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Is KYC possible with Aadhar card?

Aadhaar KYC data downloadable by Aadhaar number holder is digitally signed by UIDAI to verify authenticity and detect any tampering. Agency can validate the data through their own OTP/Face Authentication. KYC data is encrypted with the phrase provided by Aadhaar number holder allowing residents control of their data.
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Can Paytm KYC possible without PAN card?

You will need to provide your PAN* and any ONE of the below Govt. issued Address Proof documents in original: Driving License / Voter ID / Passport / NREGA Job Card.
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Aadhar card se paytm kyc kaise kare 2022 | how to complete paytm full kyc with aadhar card online



What documents are needed for Paytm KYC?

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.
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Can a 17 year old use Paytm?

A. As per our current process, all Indian citizens, Indian residents and Tax residents of India and of no other country who are above 18 years of age are eligible for KYC. We will be enabling KYC for minors and foreign residents soon.
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Can we complete KYC without pan?

You need to carry your Aadhaar and PAN* for verification. You will need to verify your Aadhaar biometrically.
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How can I update my e-KYC in Aadhar card?

Go to URL https://resident.uidai.gov.in/offlineaadhaar. Enter 'Aadhaar Number' or 'VID' and mentioned 'Security Code' in screen, then click on 'Send OTP' or 'Enter TOTP'. The OTP will be sent to the registered Mobile Number for the given Aadhaar number or VID.
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Can e-KYC be done 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.
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How do I complete KYC online?

Here is the step-by-step guide to doing KYC online:
  1. Step 1: Open the official website of any KRA (KYC Registration Agency) or a fund house.
  2. Step 2: There are various forms of KRA like NDML, CAMS, Karvy, CVL and NSE.
  3. Step 3: Provide the details present in your Aadhaar Card.
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Why Paytm KYC is stopped?

In June 2018, RBI had made certain observations about the processes the company followed to acquire new users, especially in relation to know-your-customer (KYC) norms. The RBI had then said in response to a public-interest query that Paytm was in violation of the KYC rules, leading to the ban.
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What is e-KYC in aadhar?

UIDAI provides a mechanism to verify identity of an Aadhaar number holder through an online electronic KYC service. The e-KYC service provides an authenticated instant verification of identity and significantly lowers the cost of paper based verification and KYC.
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Is Aadhaar paperless offline e-KYC?

UIDAI has launched Aadhaar Paperless Offline e-KYC to allow Aadhaar number holders to voluntarily use it for establishing their identity in various applications in paperless and electronic fashion, while still maintaining privacy, security and inclusion.
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How can I download offline KYC?

Go to https://resident.uidai.gov.in/offline-kyc to download Aadhar Paperless Offline e-KYC.
  1. Enter 'Aadhaar Number' or 'VID'. Enter your 16 digit Aadhar Number or 16 digit VID Number.
  2. Fill the 'Security Code'. Fill in the 'Security Code' and click on 'Send OTP' or 'Enter TOTP'.
  3. Enter the Password. ...
  4. Download the XML.
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What documents are required for KYC?

KYC Documents Individuals
  • Passport.
  • Voter's Identity Card.
  • Driving Licence.
  • Aadhaar Letter/Card.
  • NREGA Card.
  • PAN Card.
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How can I open Paytm account without KYC?

How can I open a Paytm Payments Bank Account?
  1. Launch your Paytm App.
  2. Click on the "Bank" icon on the bottom right of your screen.
  3. Set a passcode (if not setup already) and provide nominee details for your account.
  4. In case you are a Non-KYC customer, you will be prompted to book a KYC appointment.
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What is minimum KYC and full KYC?

A minimum KYC bank account can be used for a year, after which Full KYC needs to be completed to continue using it. There could be funding restrictions via cash or cheque also no chequebooks are issued.
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What is required for Paytm account?

Enter your mobile number, email address and a password. Tap on 'Create a New Account'. You will get an OTP on the mobile number you entered. Once you enter the OTP and click on 'Submit', and enter your First Name, Last Name and DOB.
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Why is eKYC needed?

It enables efficiency and more critically, ease for customers. KYC Compliance is essential, as mandated by the government when a customer undertakes any financial services, including buying life insurance. This helps establish the identity and credentials of the customer.
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Did RBI ban Paytm?

Paytm CEO Vijay Shekhar Sharma has recently said that the Reserve Bank of India's processes are respectable but Paytm was now a publicly listed company. Paytm was still continuously onboarding new customers, Sharma added, reasoning that the Reserve Bank of India has not put in place a ban on that process.
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Is Paytm bank approved by RBI?

Paytm Payments Bank got the approval from the RBI in 2017. For the year-ended March 31,2021, Paytm Payments Bank, which has the largest scale among all payment banks, had recorded net profit of Rs 17.88 crore on sales of Rs 1,987.84 crore, according to Paytm's IPO prospectus.
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Can we transfer money from Paytm wallet to bank account without KYC?

You can transfer money from a Paytm wallet to another wallet as well as from wallet to bank account for free. For UPI payments, there is no KYC (Know Your Customer) verification required but it is needed for Paytm wallet as per the RBI norms.
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What is difference between KYC and eKYC?

Simply put, eKYC means the digitised version of the 'know your customer' protocol. KYC is a process that the RBI has made mandatory for financial institutions to carry out when verifying and authenticating a customer's personal data. There are many benefits to the KYC policy, and these apply to eKYC as well.
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