Withdraw your PayPal funds to your Indian Bank Account

by lechu on April 4, 2008

There are many Indians who are reluctant to use Paypal as they have problem getting the real cash from their Paypal account. I recently got all my Paypal money transferred to my account Axis Bank Account using this feature in just 4 days time. I got good conversion rate too. You need to set up your bank account details for this. You will also need the IFSC code of your bank which you can find on the cheque book of your account.

First you need to go to your PayPal account

Once you login, you will see the link “Withdraw” Just click that and go to the next page

paypal-withdraw-1

In the image shown below, just click on the “Withdraw funds to your bank acount”

paypal-withdraw

Enter the Amount that you want to withdraw and select the bank account. I have a bank account already selected so I see a drop down list which I can select from or I can add a new account

paypal-withdraw-2

For adding a new account, just select the bank. The banks which are accepted for this are

  • State bank of India
  • Axis Bank
  • Citibank
  • Union Bank of India
  • HDFC Bank
  • Canara Bank
  • ICICI Bank
  • Standard Charted Bank
  • HBSC Bankpaypal-withdraw-4You need to enter your account number and the IFSC code of your bank, which you can find on the check leaf or you can get it from you bank

    Thats it, in next 4-7 days, the money is in your bank

    This is real money business. If you do not have a Paypal Account, just sign-up for a free account

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    { 1 trackback }

    Sending Money to India – ATM Cash
    February 15, 2010 at 2:16 pm

    { 2 comments… read them below or add one }

    Pranoj June 18, 2009 at 3:51 pm

    Hi Kishore,

    Very useful information that u share through this blog. Hearty Congrats!!!!!!:)-

    One more doubt friend, can i create an paypal account by using my debit/ATM card?

    Please reply me ASAP by mail if possible. Ma Mail id pranoj.p.francis@gmail.com

    Reply

    Kuldeep March 12, 2010 at 6:43 pm

    Search IFSC – MICR Codes of ICICI Bank, State Bank of India (SBI), Bank of Baroda, HDFC Bank, AXIS Bank, Syndicate Bank, Punjab National Bank, Standard Chartered Bank and almost all the banks of India only at Netinfobase.com

    Click Here to Visit Netinfobase.com

    Reply

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