In this post you will find all detail on how to send Money From Non KYC Paytm Account, how to add money in non Kyc Paytm Account. Paytm has clarified that without KYC, transferring amounts out of their Paytm wallets back to their bank accounts or to make cash transfers to other Paytm accounts is not permitted.

According to the RBI’s new guidelines (Dated Oct 11, 2017) that are set to be implemented by 28th Feb’18, Paytm users would have to undergo KYC to transfer money to each other, and from their Paytm Wallets to their bank accounts. Users who have not undergone Paytm KYC will also have their Paytm Wallet limits reduced to Rs. 10,000 a month.

There are misconceptions that you can not continue using Paytm without linking your Aadhaar or KYC process. Paytm is also a commerce platform and we allow users to do any transaction using Credit Cards, Debit Cards, Net Banking & UPI in addition to Prepaid Wallet. Wallet is only required if you want to add money and spend from wallet.

Send Money From Non KYC Paytm Account

If you want to send Money From Non KYC Paytm Account then you need a paytm merchant account so make your Paytm Merchant Account. we have added video also to make Paytm Merchant account.

We recommend you to do Paytm KYC to use your paytm Account without any issue. All Paytm services will continue to work uninterrupted, except the ability to send money to others or to transfer money to bank account from your wallet after February 28. So we have provided steps to send Money From Non KYC Paytm Account.

How to send Money From Non KYC Paytm Account

Best way to send Money From Non KYC Paytm Account is by sending money to Paytm Merchant Account holders. So if you or your friend have paytm merchant account then first send Money From Non KYC Paytm Account to their merchant account then you can send money to bank. so below are some ways to utilize your Paytm Cash.

>> By Sending to Paytm Merchant Account

1) Open your paytm Non KYC Account

2) goto Pay Option to send Money From Non KYC Paytm Account

3) Scan Any Merchant QR Code or use your friends Merchant account

4) Send Full Wallet Balance

5) Soon it will be transferred to Paytm Merchant account and from there you can send it to bank. Balance Will Updated On Merchant Linked Bank Account After 24 Hours

>> Recharge Method –

You can use or Redeem your wallet balance as Recharge. simple go-to Recharge Section enter amount number etc and finally make payment through wallet cash. this way you will able to redeem non kyc wallet balance

>> Shopping Method –

As you know we are update paytm / paytmmall daily free deals offer. where you have to use new account every time. because those all offer Applicable on new account only.

1. Open Non KYC Paytm Account Choose Any Favourite Deal
2. Add To Cart The Deal And Click On Buy Now Button
3. Add Delivery Address & Finally Make Payment Through Wallet And Order Item Successfully

How To Add Money To Non KYC Paytm Account :

Yes you can use this service as we as before. Paytm allow to add money to wallet through your bank account. so if you have a bank account and have upi id or ATM Card then you can definitely add money on Wallet for doing Shopping or Recharge so let’s see add money method. so follow below steps to add money to non KYC Paytm Account.

1. Firstly open your Paytm App

2. Goto Passbook And Then Paytm Balance Section

3. Click In Add Money – Add Amount Through UPI / Debit Card / Credit Card / Net Banking Erc

4. Now money will be added soon.

How to send money to a Bank Account:

If you want to send money from your Wallet to someone’s bank account then you will not be able to do this without KYC. But we believe that with so many usage of Paytm Balance, you will never have the need to take money to Bank. So feel free to use Paytm Balance at Paytm, Shops near you or other Apps.

What if I don’t do Paytm KYC?

You will have to provide one government issued ID like Aadhaar, PAN, Voters Card, Driving License or Passport and you can continue using the wallet.

After that, you will be able to do all transactions including recharges, utility bill payments, movie tickets, travel bookings and payments at stores using our platform including payments on other Apps/websites like Zomato, Swiggy, Uber, Big Basket etc.

What happens when I hit my wallet limits of Rs.10,000 and I have not done my KYC?

You will not be able to add money to your Paytm Wallet or receive any cashback within that month. If your cashback amount is higher than Rs.10,000, you will be prompted to get your KYC done to receive that money in your Paytm balance.

I am a KYC user but I still can not send money

As per RBI guidelines, you can send only upto Rs.10,000 in a month to any user. However, to send more money, you will have to add the user as beneficiary. This option is available under Paytm App > Profile > Manage Beneficiary (update your App to latest version to see this). You can add a beneficiary there and can send upto Rs.1 lakh to another user in a month.

So this is all about how to send Money From Non KYC Paytm Account to any other account and how to add money in non kyc paytm Account. If you have any other query comment below and we will try to resolve your query.