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harrywilson
harrywilson

harrywilson

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Asked: 2021-09-15T01:37:45+05:30 In:

How To Transfer My Paytm Wallet Money To Bank Account?

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I have a little amount on my Paytm wallet. But I don’t know how to transfer the amount to my Bank Account. Is this possible? If so, Can you please guide me through the steps?

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    1. Krishna Vijayan

      Krishna Vijayan

      • India
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      This answer was edited.

      Paytm offers Paytm wallet feature which acts as a virtual wallet where you can add money and can be used to make transactions. You can claim a lot of offers once you start using Paytm wallet including cash backs and other scratch cards.

      The Reserve Bank of India has set a basic monthly limit. Individuals cannot keep or spend more than Rs 10,000 in your wallet in a month.

      But there could be times when you won’t longer need Paytm wallet and might think of transferring the Wallet balance back to your bank account. If you struggle to do that, Here are the steps:

      1. Open your Paytm app head over to “Paytm Wallet”.   
      2. Select “Send Money To Bank” option.
      3. Now type in the amount you want to transfer to your bank account.
      4. Now choose a Bank Account and tap on “Procceed”.       
      5. After the OTP verification is complete, Your amount would be transferred to your bank account within a minute or sometimes, It might take time.

      Hope this answer helped. Also read, How to transfer money from Google Pay to Paytm?

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