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The last date to submit your KYC (Know Your Customer) has been passed to PPIs (Prepaid payment instrument) such as Paytm and MobiKwik. The RBI had initially given the date December 31, 2017 to complete the KYC process that was on the request of PPIs extended to Februrat 28, 2018.

As the deadline has been expired now, the customers who haven’t completed the KYC process won’t able to reload their wallet or send money to others. They won't be able to add money to their wallets and avail the entire range of features like recharge phones, book movie tickets and send money on the go.

However, RBI has said in a statement that customers without KYC don't need to panic and they won