How to delete paytm account 2022 | A detailed guide

Paytm is one of the most widely used payments applications in India.It is an ecommerce payment system and financial technology company. It was founded in August 2010 in Noida by Vijay Shekhar Sharma. A lot of people use Paytm applications for different purposes but there are incidents where people want to delete or deactivate their paytm account. This mainly happens if someone hacked the paytm account or phone is lost or broken or some other emergency issues that may arise. So in this article we are going to explain how to delete a bank account from a paytm account easily without any trouble. Using this technique you can easily delete your paytm account permanently in 2020. The method we are going to discuss will be possible only if you have a paytm account in your paytm app . You should have the latest updated version of the Paytm application on your mobile phone. Lets begin this article on how to delete paytm account in 2020

Important things to know before closing your paytm account

If your paytm account is having some balance then you need to the following below points

1. You should transfer the remaining money in your paytm account to some other bank account. It may be your relative,friends , family member or anyone that you know
2. You can use your left Paytm money to buy any kind of product or services from Paytm ecommerce store
3. Orelse you can transfer it to some other paytm account of your near & dear ones.
4. You must ensure that before deleting or deactivating Paytm you should not have any balance or money in ur E- Wallet or paytm account.

Below important point should be kept in mind before you close your paytm account

1. The most important thing to note about is that once you close or deactivate your Paytm account , your phone number will be unlinked from your Paytm account. You associated login id and password will no longer be available.
2. One you have closed your paytm account permanently , you won’t be able to login to your Paytm account any more.
3. If your paytm account is having some balance and you  want to transfer your paytm balance before you deactivate your paytm account, then you must have KYC so that you can transfer your paytm to another bank account.
4. KYC is important for sending money to another bank account. Without KYC paytm doesn’t allow you to transfer money to another paytm account.
5. According to PMLA(Prevention of Money Laundering Act) , it is mandatory to store your transaction log even after the deletion or deactivation of your paytm account. The transaction log of your paytm will be stored for next 10 years after the deletion of your account.
6. The transaction data would be stored on the servers located in India. It will not be shared with any third party organization.

Below is a complete guide on how to deactivate or delete your paytm account online using your paytm account. If you are having a Paytm account with KYC and wondering how to delete paytm kyc account then below steps will work fine.

Step 1 The first and the most important task before deleting or deactivating your paytm account is that you need to have a paytm account first. You can register on Paytm using your email id and phone number. The first step towards this process is to have correct credentials for your Paytm account.

Step 2 Open your Paytm application on your phone and login to the application using your correct credentials.

Step 3 One you are on your home screen of your paytm application you need to click on the profile icon  that is present on the top left of the home screen.

Step 4 Once you click on the profile icon a side drawer will come which contains your profiles tab

Step 5 Click on 24X7 help & support button

Step 6 After then click on the Profile settings

Step 7 Then you need to click on ‘I need to close/delete my account’

Step 8 Then you need to click on the button that says ‘close account’

You can also click on 24×7  Help if you want to talk the executive to solve your problem

Under this sections you can directly make Paytm address your issues on

1. Bank , Wallets & Payments  You can directly call the Paytm customer care on 01204456456 or you can even message them
2. Movies & Events Tickets  You call them on 01204728728 to get help for your movies and event tickets
3. Travels & Hotels You can call them on 01204880880 or even directly message them
4. Paytm mall Shopping Orders You can call them on 01204606060 for any enquiry on paytm mall shopping orders
5. Recharge & bill payments
6. Gold
7. Insurance
8. Postpaid

Credit Score.

Conclusion

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