How To Transfer Money From Paytm Wallet To Bank Account
If you're looking for a quick and easy way to transfer money from your Paytm wallet to your bank account, you're in the right place. Paytm is one of the most popular mobile payment apps in India, and it offers a simple and secure way to send and receive money. In this blog post, we'll walk you through the process of transferring money from your Paytm wallet to your bank account, step by step. Whether you're a frequent Paytm user or a first-time user, this guide will help you make the most of your Paytm wallet. So let's get started!
Transfer money through balance & histotry tab: 5 Steps
Step 1: Open paytm app - Ensure that you have the latest version of the Paytm app installed on your device.
- Open the Paytm app and log in to your account.
Step 2: Tap on 'balance & history' - Once you're logged in, you'll see a menu at the bottom of the screen.
- Tap on 'Balance & History' to view your Paytm wallet balance.
Step 3: Tap on paytm wallet under paytm balance - Under the Paytm balance section, you'll see your Paytm wallet balance.
- Tap on the 'Paytm Wallet' option.
Step 4: Select 'send money to bank' - On the Paytm Wallet screen, you'll see the option 'Send Money to Bank'.
- Select this option to proceed.
Step 5: Enter amount & tap on proceed - Enter the amount that you want to transfer from your Paytm wallet to your bank account.
- Tap on 'Proceed' to continue with the transaction.
Transfer money directly from wallet tab: 4 Steps
Step 1: Open paytm app - Ensure you have the latest version of the Paytm app installed on your smartphone.
- If you haven't logged in yet, enter your credentials to log in to your Paytm account.
Step 2: Tap on paytm wallet - Once you are logged in, you will see the Paytm Wallet icon on the home screen.
- Tap on the icon to open your Paytm Wallet.
Step 3: Click on 'transfer to bank' - In the Paytm Wallet interface, you will see various options such as Add Money, Pay, Passbook, and more.
- Click on the 'Transfer to Bank' option.
Step 4: Enter amount & tap 'proceed' - Enter the amount you wish to transfer to your bank account.
- Once you have entered the amount, click on 'Proceed.'
Transfer money by searching wallet tab: 5 Steps
Step 1: Open paytm app - To begin, open the Paytm app on your phone. Make sure you have a stable internet connection and that you are logged in to your account.
- Keep your app updated to ensure smooth functioning.
- Secure your phone with a password or biometric protection to prevent unauthorized access.
Step 2: Search for paytm wallet - Once you have opened the app, look for the Paytm Wallet option. This is usually located on the home screen, but if you can't find it, you can use the search function to locate it.
- You can customize your home screen to make frequently used options more accessible.
- If you can't find the Paytm Wallet option, try updating the app.
Step 3: Select paytm wallet under services - Once you have found the Paytm Wallet option, select it. This will take you to a page that displays all the services available for your Paytm account.
- Make sure you have sufficient balance in your Paytm wallet to transfer the desired amount.
- Double-check that you have selected the correct account.
Step 4: tap on 'transfer to bank' - From the list of services, select "Transfer To Bank." This option is specifically designed for transferring funds from your Paytm wallet to your bank account.
- Make sure you have entered the correct bank account details to prevent any errors.
- Be sure to double-check the amount you want to transfer before proceeding.
Step 5: Enter amount & click on proceed - Once you have selected the "Transfer To Bank" option, you will be prompted to enter the amount you wish to transfer. After entering the amount, click on "Proceed."
- If you encounter any errors during the process, try refreshing the page or closing the app and reopening it.
- Check your bank account after a few minutes to confirm the transfer has been successful.
Transferring funds from your Paytm wallet to your bank account is a simple and straightforward process that can be completed in just a few steps. Make sure to follow each step carefully and double-check your details to prevent any errors.
Tips
- Always keep your Paytm app updated to ensure smooth functioning.
- Double-check all details before proceeding to prevent errors.
- Make sure you have sufficient balance in your Paytm wallet before initiating the transfer.
- Check the bank account details carefully before confirming the transaction.
- Ensure that the IFSC code entered is correct to avoid any issues with the transaction.
FAQ
How long does it take for the money to transfer from Paytm to the bank account?
Answer: Usually, it takes 1-3 working days for the money to transfer from Paytm to a bank account.
Is there any minimum amount for transfer from Paytm wallet to bank account?
Answer: Yes, the minimum amount for transfer from Paytm wallet to bank account is ₹100.
What happens if I enter the wrong bank account details during the transfer?
Answer: If you enter the wrong bank account details, the money will not be transferred, and the transaction will be cancelled.
Can I transfer money from my Paytm wallet to an international bank account?
Answer: No, currently, you can only transfer money from your Paytm wallet to an Indian bank account.
Is there any charge for transferring money from Paytm wallet to bank account?
Answer: Yes, there is a 3% charge for transferring money from Paytm wallet to bank account.
Can I transfer money from my Paytm wallet to any bank account?
Answer: Yes, you can transfer money from your Paytm wallet to any bank