Pay or Send
Send to Bank Account
How can I transfer money from Paytm wallet to bank account?
On Paytm.com: This feature is not available on Paytm.com, kindly download Paytm App to use this feature.
On Paytm App:
To send money to a bank using Paytm you need to follow these steps:
- Open the Paytm App.
- Tap the Pay or Send icon.
- Tap the Send to Bank option.
- Enter the Name you want to give to this beneficiary.
- Enter the account number.
- Enter the IFSC code of the branch. You can get the IFSC code by tapping the Get IFSC and selecting your bank and branch.
- Enter the amount you want to send. Minimum amount should be Rs xxx
- You can also enter the reason for sending money, however this is optional.
- Tap Send.
- Your money will be successfully transferred to the bank account.
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What are the charges to send money to bank?
There is a convenience/processing fee:
- For Non-KYC customers: 3%
- For KYC customers: 3%
You will be clearly shown these charges before the bank transfer is processed.
How much amount can I transfer from my Wallet to Bank?
You can transfer upto Rs.25000*** in a calendar month.
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