I am bit confussed regarding Verification of Address proof and payment Verification method. Problem is, I live in Chandigarh but my home town is in Himachal Pradesh. Is it necessary to update both the address? Will it create problem in Payment transactions or not?
Well you should put the address where you have supporting documents. For example you passport address should be your address. Then as a freelancer you can be on the move. Live between cities. That should not be a matter.
Also for payment you can submit any bank document that can proof that you are the owner of the bank account that you are adding as a withdrawal method.