‘ icon on the home screen of the Paytm app.ģ) Tap on the ‘Transfer’ button to initiate the process.Ĥ) You will be required to enter your UPI PIN to complete the transaction. To transfer money using the ‘UPI Transfer’ feature: To transfer money using the ‘Paytm Payments Bank’ feature:ġ) Tap on the ‘Banking’ icon on the home screen of the Paytm app.Ģ) Enter the amount that you wish to transfer, and select your bank account from the list of options.ģ) Tap on the ‘Transfer’ button to initiate the process. 1,00000 per day from your Paytm wallet to a bank account. Paytm does not charge any fees for this service.ĭo note that you can only transfer a maximum of Rs. Tap on the ‘Send’ button and confirm the transaction.ĥ Once the transaction is complete, the money will be transferred to your chosen bank account. Enter the amount you wish to transfer and select the account you wish to transfer it to.Ĥ. Select the ‘Send Money To Bank’ option.ģ. Log in to your Paytm account and tap on the ‘Wallet’ icon.Ģ. To transfer money from your Paytm wallet to a bank account:ġ. Paytm wallets can be funded using credit cards, debit cards, or bank accounts. The service can be used to pay for goods and services or to send money to friends and family. 1 lakh.Paytm is a digital wallet service that allows users to make online payments and transfers. 10,000 and with full KYC users can add an amount of up to Rs. With minimum KYC, users can add up to Rs. For UPI payments, there is no KYC (Know Your Customer) verification required but it is needed for Paytm wallet as per the RBI norms.
You can transfer money from a Paytm wallet to another wallet as well as from wallet to bank account for free. Paytm wallet now comes with a Transit card that allows you to pay anywhere online.
Paytm wallet is an RBI-approved safe and secure wallet that you can use to recharge, pay utility bills, shop online, or pay to friends/vendors.
The wallet balance is displayed right on top
To be able to use these steps one is required to register at first and of course, its App, and an active internet connection. You can also set ‘Automatic Add Money’, where you can fix the amount to be added to the wallet each time the wallet balance goes below a certain amount (that you decide). Send money to bank from your PAYTM wallet (This post helps you to learn how to send money using PAYTM the online wallet. To send money from the wallet, you must have a wallet balance from which you can add money to your wallet through UPI, credit/debit cards, and net banking.
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