Min KYC accounts have certain regulatory restrictions:

If your account was created before 15th of July 2023

• A min KYC user's account balance cannot exceed ₹1 Lakh.
• Total amount added to this account cannot exceed ₹2 Lakh.

If your account was created on or after 15th of July 2023

• A min KYC user's account balance cannot exceed ₹50,000 till validity of the min KYC account
• Total amount added to this account  cannot exceed ₹50,000 till validity of the min KYC account.

Min KYC accounts only have a validity of one year, after which it expires & the account is closed.

There's good news though – this is an easy fix. 

Such account-related restrictions disappear once users complete a Live Video KYC call with us.