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What is Minimum KYC Details?

As per RBI guidelines, there are two types of wallets that can be issued and both have different limits. The two types of wallets are Minimum KYC Wallet & Full KYC Wallet. Your current Wallet is a Minimum KYC Wallet.In Minimum KYC, you are requested to submit the identification number of select documents. In Full KYC, you are required to submit copy of a valid Proof of Identity and Proof of Address with In-person verification done.As per RBI guidelines, Wallet service offered with Minimum KYC is valid only for 18 months.Learn More at https://www.freecharge.in/termsandconditions

Last Updated: Sep 17, 2020

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