I need an alternative to the bank that can be created via KYC with no minimum balance and easy to pay, load and withdraw anytime. Else, UPI apps are many.
People say mobikwik is good but I always get an error completing KYC.
As I said UPI lite is an option but if you need higher limits then you can try Amazon Pay that I have been using for very long time but only for making online purchases not UPI payments but whenever I tried it worked fine but it has its limitations since its considered as bank not wallet you can add upto 10K per month.
If you need higher limits then banks are the only choice, IDFC, Kotak and many private banks offering instant account opening after submission of KYC but the minimum balance you need to maintain will be 10K.