Please try with lower amount or different payment mode. Transaction limits will revise as you continue using Paytm.
If you are getting error like above image then you need to either reduce the amount and try deposit small amount or you need to verify your Paytm account.
To verify your Paytm account go to your Paytm profile and under GET YOUR KYC DONE click Request Done.
If you are ACCOUNT IS ALREADY VERIFIED and still getting this error then you need to reduce amount that you want to add in your account.