Kyc as you all know is an important thing. The rbi recently announced that it is compulsory to lonk your kyc details with your digital wallets( it is not only paytm but all other digital wallet which you all are using) .the last date to link is 28th of February 2018
The rbi clearly told that everyone has to link their kyc documents. Dont worry about the money thats exists presently in your wallet. It will not be any matter. Your money will be there you can also transfer it to your bank itself and you can make payments also. But you cannot add money in your wallet if you have not linked your kyc. At first the kyc details was limited to the phone number of the user but now you have to give details of your any authentic document such as driving license, pan card, aadhar card etc.
So do link your kyc document now