How to transfer money from a Paytm wallet to a bank account? Quick Guide #2023
Paytm is a digital wallet service that allows users to make online payments and transfers. The service can be used to pay for goods and services or to send money to friends and family. Paytm wallets can be funded using credit cards, debit cards, or bank accounts.
To transfer money from your Paytm wallet to a bank account:
1. Log in to your Paytm account and tap on the ‘Wallet’ icon.
2. Select the ‘Send Money To Bank’ option.
3. Enter the amount you wish to transfer and select the account you wish to transfer it to.
4. Tap on the ‘Send’ button and confirm the transaction.
5 Once the transaction is complete, the money will be transferred to your chosen bank account. Paytm does not charge any fees for this service.
Do note that you can only transfer a maximum of Rs. 1,00000 per day from your Paytm wallet to a bank account.
To transfer money using the ‘Paytm Payments Bank’ feature:
1) Tap on the ‘Banking’ icon on the home screen of the Paytm app.
2) Enter the amount that you wish to transfer, and select your bank account from the list of options.
3) Tap on the ‘Transfer’ button to initiate the process.
To transfer money using the ‘UPI Transfer’ feature:
1) Tap on the ‘Send Money
‘ icon on the home screen of the Paytm app.
2) Enter the amount that you wish to transfer, and select your bank account from the list of options.
3) Tap on the ‘Transfer’ button to initiate the process.
4) You will be required to enter your UPI PIN to complete the transaction.
Your money will be transferred to the account instantly!