Here we will show you how to complete kyc for your PhonePe wallet to enhance wallet limit and continue services. As per recent RBI guidelines, complete your kyc to continue PhonePe wallet for payments and cashback.
To transfer your wallet balance to the bank you need to submit kyc details before 28th February.
You can also enhance PhonePe wallet limit by completing your e-kyc using aadhaar number.
Follow this online step by step process to compete your KYC using aadhaar number.
PhonePe Wallet – Compete KYC Using Aadhaar
Before you start keep your aadhaar card ready, you need to enter your 12-digit aadhaar number. Second, your aadhaar registered mobile number, you will receive OTP on this number to verify your details.
Now see step by step process:-
1: First login to your PhonePe wallet and tap on My Account and then profile name as you can see below screenshot.
2: Next screen, you can see “Please complete your kyc” option. Tap on Verify.
3: On next screen select Verify With Aadhaar.
4: Tap on I Agree button.
5: In next screen enter 12-digit aadhaar number and tap on submit.
6: Now tap on Generate OTP.
7: You will receive One Time Password (OTP) on your aadhaar registered mobile number. Enter OTP and tap on submit.
Done! your e-kyc completed and now you can use your PhonePe wallet without any interruption and also your wallet limit now enhanced.
Please note:
- You can validate your kyc using aadhaar card only now. No other document option available.
- Make sure your mobile number is registered with your aadhaar card to receive OTP. If your mobile number is not registered, please visit nearest kyc center and register your mobile number.
PhonePe kyc still available so complete it as soon as possible.
Wallet limits
| Without KYC | |||
|---|---|---|---|
| Refunds/Wallet Balance (Max.) | Purchases (Max.) | Withdrawal (Max.) | |
| Monthly | Rs. 10,000 | Rs. 10,000 | Rs. 25,000 |
| Per Transaction | Rs. 10,000 | Rs. 10,000 | Rs. 5,000 |
| With KYC | |||
|---|---|---|---|
| Refunds/Wallet Balance (Max.) | Purchases (Max.) | Withdrawal (Max.) | |
| Monthly | Rs. 1,00,000 | Rs. 1,00,000 | Rs. 25,000 |
| Per Transaction | Rs. 1,00,000 | Rs. 10,000 | Rs. 5,000 |
So by following this online process, you can complete PhonePe wallet e-KYC using aadhaar number.