How can I receive money directly to my bank account from Paytm?

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How can I receive money directly to my bank account from Paytm?

  1. Open the Paytm App & Tap on. ‘Bank Transfer’ Icon.
  2. Link your bank account with Paytm. Choose the bank with registered mobile number as your Paytm Number.
  3. Account link Successful.
  4. Enter the Details of the A/C Holder.
  5. Fill in the Amount to Be Transferred.
  6. A ‘Transaction Successful’ Message Will Reflect on the Screen.

How do I set Paytm wallet as default?

Go to Payout Settings under the main Settings menu, select ‘Change’ in the Bank Details section and follow the on-screen instructions.

Why can’t I transfer money from Paytm to my bank account?

At Paytm, we allow our customers to send money from their Paytm Wallet to any other bank account as and when they wish to. However, it is important to note that this service of wallet to bank transfer is only for customers who have entirely completed the KYC process.

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Can I get back my money from Paytm wallet to my bank account?

To return the amount to your source bank account, simply go to the transaction in your passbook and tap on the ‘Return To Bank’ option. Tap on confirm and the amount will be refunded to your source bank account.

Can someone send me money to my Paytm wallet?

Complete transactions through a Paytm linked bank account. how a sender sends money to the receiver the easy steps to receive money to the Paytm wallet within seconds either through a linked bank account or through the sender!

Why can’t I send money from Paytm wallet?

In case, any one of the parties have not completed their KYC, the transaction would not happen. Despite having completed the KYC process, to send an amount higher than Rs. 10,000, you will need to add the receiver as a beneficiary through your Paytm app.

What is default bank account in Paytm?

Well, the primary bank account is the one that you add when you install the digital wallet. You will be asked to add your bank account number that will be linked to your Paytm UPI. The app will consider this as the default bank account number.

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Why is my Paytm not sending money?

Both the sender and the receiver needs to complete their KYC (Know Your Customer). In case, any one of the parties have not completed their KYC, the transaction would not happen. Despite having completed the KYC process, to send an amount higher than Rs.