Paytm KYC Benefits or the Advantages of Paytm KYC: Payments Banks are one of the sets of differentiated banks that are introduced by the Reserve Bank of India. While the main aim of Payments Banks is extending deposit and payments services. While they provide their services to millions of unbanked and underbanked Indians. Furthermore, the Paytm Payments Bank is now one of India’s only mobile-first bank with zero balance – zero digital transaction charge accounts.
Paytm KYC Benefits or the Advantages of Paytm KYC
If you are a KYC verified customer, then there will be no limit and you can get rid of the ₹10,000 monthly limit. Also, you will have the additional benefits that are given below:
- After you are a KYC verified customer, your wallet will be upgraded from ₹10,000 to ₹1,00,000.
- And there will be no spending limit.
- While you will be able to open Paytm Payments Bank Account if you also provide your PAN details.
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