The KYC (Know Your Customer) procedure is a standard verification process to ensure compliance with local regulations. You will need to complete your KYC before you can start receiving payments. Depending on your business type, the documents required will differ.
Provide a Valid PAN Number for instant verification. The name on your PAN card should match the name on your PayPal account.
Provide PAN card copy of the Business Owner / Freelancer (matching the name as given in PayPal account).
This document will also serve the purpose of ‘Proof of identity’ requirement.
Provide PAN card copy of the Business Owner (matching the name as given in PayPal account).
This document will also serve the purpose of ‘Proof of identity’ requirement.
Valid Passport with Photo and Signature / Voter ID card / Valid Driving License / Aadhaar Card / GST certificate of regn as valid address proof / Job Card issued by NREGA duly signed by an officer of the State Govt / identity card with applicant's Photograph issued by Central/State Government Departments, Statutory/Regulatory Authorities, Public Sector Undertakings, Scheduled Commercial Banks, and Public Financial Institutions; letter issued by a gazetted officer, with a duly attested photograph of the person / Utility Bills which is 3 months old / Property or Municipal Tax receipt / Bank account or Post Office savings bank account statement / Pension or family pension payment orders (PPOs) issued to retired employees by Government Departments or Public Sector Undertakings, if they contain the address.
Letter of allotment of accommodation from employer issued by State or Central Government departments, statutory or regulatory bodies, public sector undertakings, scheduled commercial banks, financial institutions and listed companies. Similarly, leave and license agreements with such employers allotting official accommodation; and Documents issued by Government departments of foreign jurisdictions and letter issued by Foreign Embassy or Mission in India.
Registered Partnership Deed / Income Tax Registration / Service Tax Registration/ Sales Tax Registration / VAT Registration / Shops and Establishments Certificate / Trade License / Registration Certification / Certificate of Importer- Exporter Code (IEC).
Any valid proof of Business entity document that contains address / Copy of recent utility bill (<3 months old) / Bank statements covering last 6 Calendar months / GST certificate of regn as valid address proof / Certificate of Importer- Exporter Code (IEC).
Voided Cheque / Copy of bank statements confirming account name of the Business Owner (as given in PayPal account).