How can I use Paytm without charges?

How can I use Paytm without charges?

Paytm Wallet is quite simple and convenient to use. All you need to do is register once, free of cost and log in anytime to use it. You can also stay logged in to the application on your mobile by securing it with a password, pin, or touch security/fingerprints.

Is there any charge from Paytm to bank account?

Paytm is a digital payment platform that allows people to transfer money to anyone instantly to anyone at zero cost using the Paytm Wallet and Paytm BHIM UPI. 25,000, users can transfer funds from their Paytm Wallet to any bank account without any charges.

Can I send money from Paytm to bank account without KYC?

Without minimum KYC it is still possible for you to use Paytm for UPI money transfer and make purchases using credit/debit cards and net-banking.

How many UPI transactions are free in Paytm bank?

A user can do a limited number of UPI payments in 24 hours. Most of the banks put a limit of 10 daily UPI payments. If the user exceeds the daily limit then it is advised to retry after 24 hours or can try making payment using a different bank account.

What are Paytm charges?

All transactions of loading money into wallet via Credit Card will be charged up to 2.5\% (inc. For example: If a user adds INR 8000 to his Paytm Wallet using Credit or Prepaid Card in a month, spends INR 2000 for payment using Paytm and takes INR 5000 or more from the remaining amount to bank account in the same month.

What is the monthly limit of Paytm bank?

Rs.10,000
1,00,000/- per month per beneficiary and the funds transfer limits for all other cases shall be restricted to Rs. 10,000/- per month.

How can I transfer money from Paytm wallet to bank account?

Add money to Paytm wallet through linked bank account

1. Open the Paytm application.
2. Locate ‘My Paytm’ section and click on ‘Paytm Wallet’
3. Add the desired amount or opt for the automatically add amount option.
4. Click on ‘Add amount’
5. Choose any of the linked bank accounts, enter the passcode and add money to the Paytm wallet.

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.

How can I get money from Paytm to my bank account?

Receive money in Paytm wallet through the sender’s linked bank account

1. Login to the Paytm application.
2. Click on ‘Scan & Pay’
3. Enter the receiver’s mobile number or name.
4. Click on ‘Pay’
5. Choose the desired option to let the receiver receive money (linked bank account or Paytm Payments Bank savings account)
6. Click on Pay.