Minimum KYC (Min KYC)
Minimum KYC is the first step in unlocking the PerksPe ecosystem. It allows you to quickly verify your basic identity and begin exploring your benefits while preparations for Full KYC are underway.
What is Min KYC?
Min KYC is a simplified identity verification process designed for speed and convenience. It is ideal for users who need immediate access to their account and basic reward features.
| Aspect | Min KYC Details |
|---|---|
| Verification Level | Basic / Entry-level |
| Primary Goal | Instant account activation |
| Duration | Usually matches instantly |
| Feature Set | Limited |
Why Complete Min KYC?
Completing this basic step ensures that you can:
- Activate your account: Log in and secure your profile.
- View your benefits: See all allocated perks like Food, Fuel, or Medical allowances.
- Track Rewards: Start accumulating and viewing PEP Coins.
Requirements for Min KYC
To complete this process, you will typically need to provide:
- Full Legal Name: As per your government records.
- Identification Number: Usually your PAN Card number.
- Date of Birth: To verify age eligibility.
How to Complete Min KYC
Updating your status is straightforward and can be done during your first login.
- Start Verification: Look for the "Start Verification" button on your mobile or web home screen.
- Review Terms: Read and agree to the terms and conditions for data processing.
- Submit Details: Fill in the requested identity information carefully.
Comparison: Min KYC vs. Full KYC (VKYC)
| Capability | Min KYC | Full KYC (VKYC) |
|---|---|---|
| Account Access | ✅ Yes | ✅ Yes |
| View Perks | ✅ Yes | ✅ Yes |
| Receive Coins | ✅ Yes | ✅ Yes |
| RuPay Card Issuance | ✅ Yes | ✅ Yes |
| Transaction Limits | ⚠️ Restricted | ✅ High/No Limits |
Note: If your verification fails, please double-check your ID number and name for typos. Most failures are due to a mismatch with official records.