How to transfer money from paytm to bank without charges?

Thinking of how to transfer money from paytm to bank without charges? Well, you’re in the right place.

There are two primary ways to transfer money from your paytm wallet to your bank account; one is with charges and one without charges. Here we will discuss both the ways:

1. Paytm to Bank Transfer with charges:

Well, you can easily transfer money within 2 minutes from your paytm wallet. Just follow the steps mentioned below:-

Steps to Send Paytm Money to Bank Account

Step 1: Open your Paytm App

Step 2: Click on ‘Passbook’

Step 3: Select ‘Paytm Wallet’

Step 4: Select ‘Send Money to Bank’

Step 5: Click on ‘Transfer’

Step 6: Now, Enter the amount you wish to transfer

Step 7: Enter your bank details such as Saving Back Account Number, Account Holder Name, Branch, and IFSC Code

Step 8: Next, Click on the Confirm button

Now, Money is successfully transferred to your bank account instantly.

Note down few important aspects of this method:

  1. Your Paytm Account must be verified through KYC process
  2. You can transfer any amount starting from Rs. 100 to Rs. 25,000
  3. You will be charged 5% on the amount you wish to transfer to your bank account

Now, without a further ado, let’s discuss on how to transfer money from paytm to bank without charges

2. Paytm to Bank Transfer with without charges:

To transfer money from paytm wallet to your bank account for free you need to follow some simple steps. Let us now discuss how to transfer money for FREE.

All you need to do is to follow these simple steps:

  1. Go to Google Play Store & Download “Business with Paytm” App
  2. Create an account with another mobile number and complete your KYC process
  3. Make sure you have updated you PAN number
  4. Also, enter you complete bank details

Now the rest of the process is pretty simple like the previous way. All you need to do is:

Steps to Send Paytm Money to Bank Account For Free

Step 1: Open your non merchant Paytm App

Step 2: Click on ‘Pay’

Step 3: Select the Your Mobile number where you have Paytm Merchant Account

Step 4: Now, simply select the amount you wish to transfer

Step 5: tap on ‘Pay’

Hola, Money is successfully transferred to your merchant account instantly. Paytm will transfer the amount to your bank account with 24 hours and guess what? They will not charge anything.

Note down few important aspects of this method:

  1. Your Paytm Merchant Account must be verified through KYC process & PAN should be submitted
  2. You can transfer any amount starting from Rs. 100 to Rs. 50,000
  3. You will not be charged with any amount.
  4. It takes roughly 1 day for paytm to transfer money to your bank account

[Also see all Paytm Coupons & Offers]

Isn’t that simple? Now try these steps to transfer money from paytm to bank without charges. If you face any difficulties or you have better tricks on how to transfer money from paytm to bank without charges feel free to share with us at the comment section below.

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