How can I transfer money from Paytm to my bank account free?

How can I transfer money from Paytm to my bank account free?

Steps to Send Paytm Money to Bank Account

1. Open the Paytm app.
2. Tap on ‘Passbook’.
3. Select ‘Paytm Wallet’.
4. Select ‘Send Money To Bank’.
5. Tap ‘Transfer’.
6. Enter the amount & bank details (Account No. IFSC code etc.).
7. Confirm the transfer.
8. Money is transferred successfully.

What is the charges for transfer money from Paytm wallet to bank account?

Paytm, the online payment app, lets you send and receive money online through different payment modes. Zero charge is levied if you transfer money from one bank account to another bank account. However, a 5\% convenience fee is charged for transferring money from Paytm wallet to a bank account.

Can I transfer money from Paytm to bank account without KYC?

Without minimum KYC it is still possible for you to use Paytm for UPI money transfer and make purchases using credit/debit cards and net-banking.

How can I transfer money from mobile wallet to bank account?

How to transfer money from a PhonePe wallet to a bank account?

1. Open PhonePe app on your phone.
2. Go to My Money section.
3. Head to PhonePe wallet in the Wallets/Gift Voucher section.
4. Tap on the Withdrawal tab.
5. Drag the wallet icon down and drop it on the bank icon.

Can I transfer money from PhonePe to bank?

To send money to a bank account: Tap To Bank/UPI ID under the Transfer Money section on the PhonePe app home screen. Tap the + icon. Select your bank from the list.

Can we transfer money from PhonePe to bank account?

With the PhonePe app, you can make mobile recharge, utility payments, online money transfer, mobile recharge, buy gold online and do much more. Moreover, if are a fully KYCed customer of PhonePe Wallet, you can also transfer your PhonePe wallet balance into your bank account.

How to open Paytm Payment Bank?

1) Download the latest version of Paytm App. Open & tap on Savings Bank icon. 2) Tap on open savings Account 3) Set your passcode & confirm passcode 4) Enter nominee details 5) Read T&C and tap on Proceed 6) Now you will need to Complete your KYC. To complete your KYC, click here. To find out more about Getting your KYC done, read this blog.

What is the best way to transfer money between banks?

The two primary methods to transfer money between banks are electronic and physical transfers. An electronic transfer is usually considered the best way as it is typically faster, simpler, and safer; however there can be fees associated with it.

How to send money via bank transfer?

Ensure you have internet banking. Transferring money to another account with online banking is a quick and easy way to send money.

Prepare the account information for the recipient. To make a transfer online you will need to have some essential information about where you are sending the money.

Transfer the money through your online banking web page. Once you have all the recipient details and are logged in to your account,click through to the transfer money

Consider sending money to an email address. As people become more and more accustomed to and dependent on online banking,some banks are developing new services to make it

How do you transfer money to a bank account?

To transfer money from your bank account to any other account, you have to set up an external account through your bank. While the process varies somewhat from among banks, the basic steps are the same. Log in to your bank account and navigate to where you can transfer money. Your bank should have a place where you can set up an external account.