How can I withdraw money from Paytm?

Can I transfer money from Paytm wallet to bank account without KYC?

Users can perform bank transfers or UPI transactions on the Paytm app without getting their KYC done.

How can I withdraw money from Paytm without charges?

If you are a KYC user then you transfer Rs 20 to Rs 20000 wallet money to your bank account without any charges. Apart from the 'send money to bank' option, you can use the Paytm for Business app to transfer your wallet money.

Can Paytm balance be transferred to bank account?

You can easily transfer money from your Paytm wallet to that of other users. You can also transfer money from Paytm wallet to other bank accounts at zero charges. You can send money either to your own account from the Paytm wallet or to a recipient's bank account, even if the recipient is not a Paytm user.

How much money can be transferred from Paytm wallet to bank account?

Transfer money instantly, 24x7 upto 1 lakh/day. Choose the bank with registered mobile number as your Paytm Number. We support all major banks. Set your MPIN using your debit card.

How to Withdraw Money from Paytm Money ?

How can I withdraw money from Paytm without KYC?

Why can't I transfer money from Paytm to bank account?

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.

Can I use Paytm without ATM card?

If you don't have or use a debit card you can still transfer money to your paytm wallet through Paytm mobile app as well as Paytm.com. You can use your credit card, net banking or UPI ID to add money in Paytm without a debit card.

Is Paytm money safe?

Paytm Money is a safe and secured app for your investments with bank-level security that protects personal information and transactions from unauthorized access. The Paytm Money also offers login with two-factor authentication of fingerprint and PIN-based locks that provides an additional security level.

What is difference between Paytm and Paytm UPI?

A Paytm password will only help a user login to the application, while a UPI PIN is used to pay for all transactions in Paytm Bank.

What is minimum KYC in Paytm?

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.

Can I use Paytm under 18?

Can KYC be Done for Minors/People Less Than 18 Years in Age? Yes, KYC can be done for minors as well.

What is full KYC in Paytm?

Paytm is a safe and secure digital payment gateway and an RBI-approved application. Know Your Customer (KYC), on the other hand, is also an RBI-mandated guideline for cashless payment apps. KYC verifies the identity of the customers with an intent to eliminate the risk of fraudsters and fake identities.

Where is KYC in Paytm?

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. You may also tap on the 'Nearby' icon on the blue strip at the top of Paytm App Home page. You need to carry your Aadhaar and PAN* for verification.

Can a 15 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.

What is the monthly limit of Paytm wallet?

99,999 to your Paytm wallet. It should be noted that the wallet amount cannot be more than Rs. 99,999.

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.

Which is better Paytm or BHIM?

In terms of usage, Paytm is currently more reliable. Its servers seem more robust and there are fewer bugs. BHIM, on the other hand, is having some teething issues.

How can I use Paytm for the first time?

What is Paytm full form?

Paytm (a partial abbreviation for "pay through mobile") is an Indian multinational financial technology company specializing in digital payment system, e-commerce and financial services.

Is Paytm Money free?

The mutual fund investment at Paytm Money is free with no transaction charges or redemption charges. Paytm Money is a SEBI registered broker and an Investment Advisor.

How good is Paytm Money?

Paytm Money is a safe and reliable online discount broker offering stock, mutual funds, Derivatives, NPS, ETF, IPO, and Digital gold investments to its customers. Paytm Money is an online stockbroker with one branch. The company offers a proprietary trading platform 'Paytm Money' for trading and investment.

Can I invest in Paytm?

How to Invest Online through Paytm? Paytm is a digital wallet, dedicated mobile app specifically for payments and recharges. You can invest in stocks and mutual funds through Paytm Money. You can log on to your Paytm app and go to the 'All Services' icon to browse through the 'Stocks and IPO' section.

What is opening cash balance in Paytm Money?

2. Opening Cash Balance: This is the amount available in your account at the beginning of the day and remains the same throughout the day. It is updated every night for the next day.