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Can we use 2 Paytm accounts with same KYC?

Posted on August 26, 2022 by Author

Can we use 2 Paytm accounts with same KYC?

A. Your KYC can be done against only one mobile number. In case you want to update mobile number against an existing KYC account, you can simply login using your existing mobile number and tap on your name in the navigation pane on the left.

Can we add 2 accounts in Paytm?

You can add more than one bank account to your Paytm profile. Make sure you register the same number with your bank account as that of your Paytm account. As soon as you do it, it will generate a UPI ID. However, out of the multiple bank accounts that you add, Paytm sets one of them as your default bank account.

How can I add 2 mobile number in Paytm?

We have simplified the process in steps for you:

  1. Step 1: Login to Paytm with your old phone number.
  2. Step 2: On the home screen, click on “☰” at the top left corner.
  3. Step 4: Click on ‘Update Phone Number’
  4. Step 5: Go to the mobile number field and enter the new mobile number you want to update and click ‘Save’

How can I use two Paytm account in one mobile?

Yes, you can. You can create multiple accounts in your Paytm app. But, you can open one account at one time. If you want to open two accounts at the same time, then you can use parallel space app or any other app cloner.

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Can I receive money in Paytm with minimum KYC?

As per RBI guidelines, you to need do complete your minimum KYC to activate your wallet. Minimum KYC allows you partial access to benefits of Paytm Wallet. With minimum KYC wallet, you can do the following: Pay to 12 Million+ Merchants who accept Paytm.

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. But if you have more than one number, you can create as many accounts as you want to!

How can I change my Paytm number after KYC?

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  1. Step 1: Login to Paytm with your old phone number (Phone number which is KYCed)
  2. Step 2: On the home screen, tap on “☰” at top left corner.
  3. Step 3: Tap on ‘Profile (which is your name)’
  4. Step 5: Go to the mobile number field and enter the new mobile number you want to update and tap ‘Save’

How can I create 2 Paytm account?

Tap on the Profile icon at the top right corner of the screen. Tap on ‘Create a New Account’ Enter your mobile number, email address and a password. Tap on ‘Create a New Account’.

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How can I change my KYC details in Paytm?

How to do KYC in 1-minute?

  1. Tap on the KYC icon.
  2. Enter your Aadhaar Details and validate OTP.
  3. Verify your information and tell us few more details.
  4. That’s It, your KYC is done.

What is min 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.

Can we remove KYC from Paytm?

Steps to remove KYC from paytm: Just tap on it and it will open a sidebar with a number of options. 2. Make sure your KYC is done: Now on the sidebar, you will see a blue tick just next to your profile picture and name. The blue tick indicated that your Paytm KYC is successfully done.

Is PAN card mandatory for KYC in Paytm?

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. You will need to verify your Aadhaar biometrically.

Is Aadhaar the only document using which KYC can be done?

Aadhaar is not the only document using which KYC can be done. However we prefer Aadhaar since you can do KYC yourself using it on Paytm app. What is Paytm Payments Bank Limited? Paytm Payments Bank is India’s only mobile-first bank with zero balance – zero digital transaction charge.

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Can I update my Aadhaar card to another Paytm account?

No, you cannot do. If you already have a Paytm account with KYC done , you will not be allowed to do KYC or use the same adhar card for a different number or paytm account. Please note that you can update Aadhaar to only 1 Paytm account (mobile number).

Can I have two Paytm accounts without KYC?

But you can have two accounts one with having a KYC done and other without KYC with limited access. You can also merge both the PayTm accounts with combined wallet as well. Can I pay using Paytm without completing KYC? KYC will be needed only for using Paytm wallet. Without KYC, you will not be able to use your wallet.

Can I have two Aadhar cards in two wallets?

No, As per the RBI guidelines only one wallet is allowed with one merchant (paytm, Amazon, etc.) against one aadhar card. If you have multiple account in e.a. amazon.in then you can keep these two account but you can only add money in one account and in another account your cashback (if it applicable) will auto credit in to your non-kyc wallet.

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