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Paytm: Various Usage Limits & Fees

(Update with effect from February, 2018: The fee to transfer money to your bank account will continue to be 0% for merchants and change to 2% for customers.)
Usage Limits:
  1. When you Sign Up on Paytm, a wallet gets created for you in which you can add upto Rs. 20,000/- in a calendar month. This is as per RBI regulations. As a result there is a cap on how much you can spend. Also, there can be delays in getting cashback if the monthly limit of adding Rs. 20,000 gets exceeded.
  2. You can become a Paytm VIP customer for FREE by getting your KYC (Know Your Customer) done and store upto Rs. 1 lakh in your wallet.
  3. You can transfer up to Rs.20,000 per month from Paytm to your Bank Account as per the RBI regulations. This limit applies to minimum KYC (Rs.20,000) wallet while Full KYC (Rs.1 lakh) wallet users can transfer up to Rs. 25,000 per month.
  4. The minimum amount to send to the bank is Rs 100.
  5. You can only send Rs.5000 per transaction
  6. New Paytm customers have to wait 3 days before sending money to a bank account, however, if KYC formalities have been completed, then they can send money to any bank account immediately without any waiting period.
  7. It takes up to 24 hours to reflect money in your bank account after you initiate the transfer from Paytm App
This is our small step to help our partners & users to overcome their liquidity issues. Please note this is a limited period offer and rates may be revised upwards.

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