What is the daily transfer limit for moving money from the MobiKwik Wallet to a bank account?

Payment Wallets
1

I haven’t completed the KYC process for my MobiKwik account, so I’d like to know the daily transfer limit for moving money from the wallet to a bank account. Will I be able to transfer ₹500 from my MobiKwik Wallet to a bank account without KYC?

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2

As, you haven’t done your KYC, you can transfer maximum Rs. 1000 from your MobiKwik Wallet to bank.
So yes, you can transfer Rs.500 from MobiKwik wallet to bank account.

3

If you haven’t completed KYC on your MobiKwik wallet, you can’t transfer any money from the wallet to a bank account. Wallet-to-bank transfers are only allowed once you complete full KYC using your Aadhaar and PAN.

So no, you won’t be able to transfer even ₹500 to a bank account without KYC. Non-KYC wallets are limited to basic in-app payments like recharges and bill payments, and the wallet balance can’t exceed ₹10,000. To unlock bank transfers and higher limits, you’ll need to complete the KYC process.