Now you can open a savings bank account on PayTM Payments Bank and access banking services. PayTM will deduct 4% of the amount and transfer the rest to your bank account. If you do not have that minimum threshold amount, kindly add the rest amount from bank and make it Rs2000 and then redeem it through the following steps. Remember, to transfer paytm cash to bank account you need to have a minimum amount of Rs2000 in your PayTM Wallet. It finally brought the method to officially transfer wallet balance to bank account. PayTM is now bringing new features to its website to stand its competition with other brands. Many popular websites now uses paytm gateway for accepting payments because it is safe and secure. PayTM is a online portal for prepaid and postpaid mobile recharge, DTH recharge, Data Card Recharge, Shopping across thousands of products, Sending Money to friends and relatives who lives in distant areas and much more. So, you will be now able to load money from bank whole heartedly, because of this reverse transfer system. It is a very good news for all that PayTM now officially supports transferring PayTM Cash to Bank. Here we will discuss how to transfer PayTM Cash Wallet Balance to your Bank Account. Previously it had Rs2000 threshold to transfer to bank, often making it impossible to transfer due to less balance. The minimum amount required to transfer ro bank is now reduced to Rs50.
Glad to see that paytm took steps against those activities that lead to loss of paytm economy, while its a sad news for users who try to earn more and more using the wallet for looting purpose.Ģ. Paytm got notified of this and took quick actions. This changes were bought by paytm due to some fradulent activities done by some users to loot paytm. You cannot transfer money to other accounts if you are a new user.
To use the paytm wallet and transfer money to anyone or to withdraw payments to bank, you need to be at least 30 days old paytm user. Learn Earn Gain…Its Fun!īefore discussing HOW TO TRANSFER PAYTM CASH TO BANK ACCOUNT, here we would like to update you about the two major changes that paytm brought recently to its terms regarding paytm wallet: Please have a look.ġ.
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