How to transfer money from Paytm wallet to bank account

Transfer money from Paytm wallet to bank account

Paytm wallet has come out as a very strong competitor among other existing electronic wallet apps in India. Within a very short time, Paytm has become one of the top 10 mobile wallet apps in India. You can transfer money from Paytm Wallet to bank account directly from your wallet.

If you have added money to your Paytm wallet then you can transfer it to your closed ones or any third party by accessing your e-wallet app or even you can send that money to your own bank account.

Paytm charges you a fee for that, say 5 percent (approx.) of amount to be transferred. But for Paytm UPI transfer charges are NIL.

It’s very easy to transfer money from Paytm to bank account . To transfer funds, you would need beneficiary’s bank details such as bank name and account number, bank IFSC code etc.

Follow these simple steps to transfer your money from Paytm to your bank account

1Open your Paytm app & Tap on ‘Passbook’

2 Select ‘Paytm Wallet’

3Select ‘Send Money To Bank’

4 Tap ‘Transfer’

5 Enter the amount & your bank details

6Confirm the transfer

7 Its completed ! Money transferred successfully