Now Paytm users can transfer wallet money to any bank account without any charges & fees. Yes, you don’t need to pay any charges when you send money from your Paytm wallet to your bank account. Before this, Paytm was charging a nominal fee for the wallet to bank account transfer.
So if you want to transfer your Paytm wallet amount to your bank account or any bank account then follow these steps and transfer without any charges and fees.
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Transfer Money Paytm Wallet to Bank Account Without any Charges & Fees
Step 1: Login to the Paytm application and tap on “Wallet to Bank” option.
Step 2: Now enter the amount which you want to transfer to your bank account. (Please enter the amount between Rs.20 to Rs.25,000)
Step 3: Next screen, enter the bank account number, IFSC code, and account holder name and proceed.
Step 4: Once again, enter the account number to confirm.
Step 5: Next screen, confirm your transaction and proceed. As you can see below the charges are NIL (zero).
Step 6: Now enter OTP received on your Paytm registered mobile number to authenticate this transaction.
That’s it, the amount will be sent to the account and it will be credited to the beneficiary bank account instantly.
Tip: This account will be added as a beneficiary, so you don’t need to enter account details and OTP next time when you transfer money from your wallet to this bank account.
Frequently Asked Questions
(1) Is there any charge for transferring money from Paytm wallet to a bank account?
Ans: No, currently no charges for transfer money from Paytm wallet to the bank account. It’s free.
(2) Can I transfer money from Paytm wallet to Paytm bank?
Ans: Yes, you can transfer your Paytm wallet money to any bank account without any charges.
(3) How can I transfer money from Paytm wallet to bank account without charges?
Ans: Currently no fees levied when you transfer money from Paytm wallet to bank account.
(4) What is the maximum limit for the wallet to bank account transfer?
Ans: You can transfer up to INR 25,000 from your wallet to the bank account.