How to send money using paytm

Hello Friends, You know sending money from paytm is easy and fast.

PayTM is the platform with a lot of services.

Mobile Recharge
Electricity payment
School & College Fee Payment
Petrol filling
online shopping and many more on go.

Steps to Send Paytm Money to Bank Account

Step1.> Open the Paytm app.
Step 2.>Tap on ‘Passbook’.
Step 3.>Select ‘Paytm Wallet’.
Step 4.>Select ‘Send Money To Bank’.
Step 5.>Tap ‘Transfer’.
Step 6.>Enter the amount & bank details (Account No. IFSC code etc.).
Confirm the transfer.Money is transferred successfully.

Before Using above service You must have some required information.

  1. You can send any amount between Rs. 100 to Rs. 25,000.
    The minimum money to send from Paytm wallet to bank account is Rs. 100
  2. Transfer charges of 5% applicable on all transfers to a bank account.
  3. You need Account No, IFSC code, and account holder’s name

Paytm Bank Transfer cashback can be availed with UPI. Check Paytm send money cashback offer for today to earn on your transactions. Paytm UPI Offers up to Rs 5,000 cashback to users on money transfer.

Steps you can follow to transfer money from Paytm to your bank account

Step 1.> Open the Paytm app
Step 2.> Tap the Passbook icon. Select the Send Money to Bank option.
Step 3.> Tap on Transfer. Enter the amount, account holder’s name, bank account number, and IFSC code.
Step 4.> Hit the Send button.

There are some limitation to users in PayTM for general user and full KYC enabled users.

  1. You can transfer up to Rs.20,000 per month from Paytm to your Bank Account. This limit applies to minimum KYC (Rs.20,000) wallet while Full KYC (Rs.1 lakh) wallet users can transfer up to Rs. 25,000 per month. The minimum amount to send to the bank is Rs 100.
  2. If you transfer money from your Paytm wallet to another bank account, the company will charge a fee of 5%.
  3. If you are a Paytm KYC user, you can accept up to Rs. 1 lakh in a month. and you can transfer to bank/wallet Rs.10,000 without adding beneficiary and Rs. 25000 by adding a beneficiary.
  4. you cannot send money to bank through Paytm website, as this option is available only on Paytm app.