How To Transfer Money From Paytm Wallet to Bank Account Without any Transaction Charges

Welcome Back My Another Post So, in this post, I am going to show you how to transfer money from the Paytm wallet to the bank account. It is a very easy process. Anyone can do it after reading this post & after follow my simple steps.

Paytm is the most popular app based on Banking, Recharge, payment, and purchasing. Vijay Shekhar Sharma launched this app in August 2010.

Paytm these days launched its economic organization namely Paytm financial institution that gives almost all of the offerings like different banks in India except the credit card services.

A Complete Guide How To Transfer Money From Paytm To Bank Account Easily Read Full article.

How To Add Your Bank Account In Paytm Wallet

Adding or linking your bank account in Paytm is not a mandatory process but it is very important in transferring and accepting money from your friends or family members accounts.

And if you haven’t linked your bank account in Paytm then you are missing a lot of rewards.

To Link Your Bank Account With Paytm Wallet Using Paytm App.

Transfer Money from Paytm Wallet to Any Bank Account Using Paytm App

In this process Paytm charge a 5% commission. If you want to do it for free. Read the whole article.

we will use a trick here to Send money from Paytm wallet to bank account without any third party commission or charge.

How To Transfer Money from Paytm to Bank Account Without any Transaction Charges

Whenever you go to transfer money then Paytm asks a 5% commission.

So in this post, I am going to show how to skip this process. This means to transfer the Paytm wallet to the bank for 100% free. ( No 5% Commission).

To use this trick make sure your Paytm KYC was done. If you have not done it. So what are you waiting for now? Let’s do is. ( How to do Paytm KYC).

First of all, you have to set up the payment acceptance of your Paytm Wallet. So setup you just follow my steps:

If you have not given PAN card information while KYC on your Paytm. (Follow this steps)

Easily transfer money from Paytm to any bank account using Paytm app Without 5% Commission

• Open your Paytm app on your mobile phone.

• click on the upper left 3 lines.

• Then select the first option to “Accept Payment”.

• Then you can see “Sign Up to receive payment at 0% fee”. ( Note:- Read the Valuable information on this page)

• Click on it. (Sign Up to receive payment at 0% fee)

• Now start your main process.

• After click “Sign Up to receive payment at 0% fee”

• Now you can see 1 form when you can 5 collum.

On the upper 2 Collom, fill your personal details & on the lower 3 collum, you just fill your Business Information.

When Transfer Money Paytm To Bank Fill Complete Details About PAN Card

(If you have Business fill you Business related right Information)

• Slide your page.

• Then it will be written here ” Bank Account you want receive money”.

(Here your Paytm Bank account Default added)

Note: – Here add the bank account where you can transfer your money, Means where you won’t receive money)

• Paytm Bank is already added here. If you want to transfer your money to another bank, Then click on the add bank account.

• Then fill your Bank Detials.

• Tap on Proccess.

Note:- A lot of time here ask OTP and Lot of time not ask OTP. OTP will be received on your Paytm number)

• After Add bank account, You just tap on Process.

• After click proccess, Paytm verifing your PAN card Detials).

• After verifying your PAN card details. Paytm redirect you another page (Review payment statement).

• On this page, you can see 2 option: First one is paytm wallet & Second one is that Bank account what you sectect on (Step 5).

• You have to set bank account here.

• Click on Save & Continue.

If you have given PAN card information while KYC on your Paytm. (Follow these steps)

• Open your Paytm app on your mobile phone.

• click on the upper left 3 lines.

• Then select the first option to Accept Payment.

• hen you can see “Sign Up to receive payment at 0% fee”. ( Note:- Read the Valuable information on this page)

• Click on it. (Sign Up to receive payment at 0% fee)

• Now start your main process.

• Now you can see a QR code, You just scroll down.

• Tap on Payment Accept Settings.

• Now you can see ” Bank Account to receive money”. On its side, You will find an edit button. You have to simply click on the edit button.

• Here you will see the Paytm payment bank already selected. Here you have to click on Add a Bank account. And you have to fill your bank details, in which bank you can transfer money.

• Click on the Confirm.

Note:- A lot of time here ask OTP and Lot of time not ask OTP. OTP will be received on our Paytm number)

• Click on Proceed.
• (After click on save, You new bank account is updated)

Paytm Wallet To Bank Account Transfer Charges

Paytm is India’s biggest online payment platform. It provides a lot of services and it also enables a cashless payment system that supports the Digital India initiative.

When you send money from the Paytm wallet to the bank account it changes a 5% fee. It is because Paytm also pays to the bank account.

while adding money into your wallet, so to recover that fee it charges only a 5% fee while transferring money from wallet to bank account.

But this fee is also recovered for you as your bank uses the fee collected from Paytm to provide your various services.

3 Simple Steps To Send Money From Paytm Business To Bank Account Easily

Paytm have more than 9.8 Million merchant partners throughout the country. Transferring money from Paytm business to any bank account.

so easy before because Paytm has launched ‘Instant Bank Settlement’ for merchants, this settlement feature is available in the ‘Paytm for Business’ app.

which lets you transfer your payment into your bank account directly any time you want. If you want to send money from the Paytm business account to your bank account.

Easily Transfer Money From Business Paytm To Bank Account follow some simple instructions given below

2 Ways To Transfer Money From Paytm Wallet To Paytm Payments Bank

If you want to transfer your money from Paytm wallet to your Paytm Payments bank, then there is no proper ways or procedure exist. But you can try two easy to do steps to get your money transferred.

Now you have successfully transferred your money to your Paytm Payments Bank from your wallet.

Now you have successfully transferred But here is only one branch of Paytm Payments bank is in Delhi so the IFSC code will be different if the branch changes.

Paytm Wallet To Paytm Payments Bank Charges

Transferring money to Paytm payments bank is not free of cost process. It includes some unwanted transfer charges.

If you are transferring money from your Paytm wallet to your Paytm payments bank the fee will be charged. As per Paytm’s official charges page, the charge will be 3%.

Easy Way to Send Money From Paytm Wallet to Any Bank Account Using Paytm Desktop Website

To send or transfer money from the Paytm website you will need to access the Paytm desktop website using your PC. Just follow the steps discussed below.

Now you have successfully sent money from your wallet to your friends or family members’ wallet.

Read: How To Transfer Money From Credit Card to Bank Account Without any Charges