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How To Transfer Money From Paytm Wallet To Bank Account Without Charges

🕐 1 Jul 23

How To Transfer Money From Paytm Wallet To Bank Account Without Charges

In this article we will show you the solution of how to transfer money from Paytm wallet to bank account without charges, one of the most frequently used components of the Paytm payment app is Paytm Wallet.

While Paytm UPI can be used by customers to send money directly between banks, Paytm e-wallet improves their ability to make digital payments.

Money can be transferred quickly between users' Paytm wallets.

If you use Paytm, you may already be aware that you may use it to pay bills online.

Several people began using UPI, online money transfers, and online bill payments after the demonetization.

Several online retailers allow payments via Paytm, Amazon, Mobikwik, Google Pay, or another app using a QR code.

As I already mentioned, I'm going to share with you four techniques that might make it simple to move money from your wallet to a bank account.

The majority of you are aware of the PhonePe Gold Trick, but if you use Paytm without completing Know Your Customer (KYC), you may now transfer funds from your Paytm wallet to a bank account using the same technique.

Using the Paytm Wallet and Paytm BHIM UPI, Paytm is an innovative instalment platform that enables anyone to send money to anyone fast and for free.

Among other things, it enables customers to make free instalments from cards, ledgers, and computerised instalments.

Paytm allows customers to transfer money as needed from their Paytm Wallet to another ledger. The relationship is incredibly beneficial and consistent.

However, it's important to keep in mind that only customers who have successfully completed the KYC cycle are eligible for this assistance with wallet to bank transfers.

Step By Step Guide On How To Transfer Money From Paytm Wallet To Bank Account Without Charges :-

  1. Launch the Paytm app on your smartphone, navigate to the "My Paytm" area, and select "Paytm Wallet."
  2. You can see the options to "Pay," "Transfer to Bank," "Send a Gift Voucher," and "Automatic Add Money" as soon as you access your Paytm Wallet. When you select "Transfer to Bank," you can make payments straight to bank accounts (either your own or those of others).
  3. In addition to adding the bank account you wish to send money to, you should also input the transfer amount, which should be between Rs. 25 and Rs. 25,000. The stored accounts are also an option if you've previously transferred money from your wallet to the bank account.
  4. Account number, IFSC, and the name of the account holder must all be entered when adding a new account.
  5. Alternatively, you can pay into the bank account by selecting the "Pay" option. The UPI QR code of the recipient can be scanned using the QR code scanner that appears. Your associated bank account as well as your Paytm wallet can both be used to send money when you make the payment. In addition, you can choose a contact or enter a mobile number. You may transfer funds using either your account or your wallet if they are UPI-registered numbers.
  6. You must have a wallet balance in order to send money from your wallet. You can add funds to your wallet using UPI, credit/debit cards, and online banking. You can also choose "Automatic Add Money," which will add a fixed amount to your wallet each time the balance falls below a predetermined level (that you decide). Right at the top, the balance of the wallet is shown.
  7. You may use your wallet balance to pay for anything online, shop at a physical store, ride the metro or bus, etc. with Paytm Wallet Transport cards.

Conclusion :-

I hope this article on how to transfer money from Paytm wallet to bank account without charges helps you and the steps and method mentioned above are easy to follow and implement.