As you all know it is very important to do KYC in Paytm. If you do not do KYC in your Paytm account, your Paytm Wallet is closed and you can not use your Paytm Wallet. That is why it is important to do KYC if you want to use Paytm Wallet.

When you do KYC in Paytm, you are asked to complete KYC by visiting a nearby KYC center, if you do not want to go to the KYC center and want to save your Paytm wallet off, then you should have Minimum KYC can do it For Minimum KYC, you do not have to go to the KYC center. You can do Minimum KYC from your mobile at home and save your Paytm wallet off.

How do Minimum KYC in Paytm -

1.) First of all you open your Paytm app.
2.) Then click on the KYC option.
3.) Then click on the Proceed option.
4.) After that you enter your base number and your name. (Note that you have to enter your name exactly as it is in your Aadhaar card.)
5.) After entering the base number and name, click on Proceed.
6.) After clicking on Processed, Minimum KYC will be in your Paytm account.

What are the benefits of doing Minimum KYC in Paytm -

1.) Minimum KYC in Paytm will never stop your Paytm Wallet.
2.) By Minimum KYC in Paytm, you can take advantage of Paytm Cashback Offer.
3.) After Minimum KYC in Paytm, anyone can send money in your Paytm Wallet.

What is the difference between Paytm Minimum KYC and Full KYC-
There are two major differences between Paytm Minimum KYC and Full KYC -

1.) At Paytm Minimum KYC, your paytm wallet has a limit of 10 thousand and after completing KYC your paytm wallet limit is up to 1 lakh.

2.) Paytm Minimum KYC, you can not send money from your Paytm Wallet in any other wallet or in any bank, whereas in full KYC, you can send money to any other wallet and bank