{"id":2947,"date":"2009-01-08T09:58:47","date_gmt":"2009-01-08T09:58:47","guid":{"rendered":"https:\/\/www.amitbhawani.com\/blog\/?p=2947"},"modified":"2009-01-08T09:58:47","modified_gmt":"2009-01-08T09:58:47","slug":"paypal-withdraw-funds-bank","status":"publish","type":"post","link":"https:\/\/www.amitbhawani.com\/blog\/paypal-withdraw-funds-bank\/","title":{"rendered":"Tutorial to Withdraw Funds to Bank Account from Paypal"},"content":{"rendered":"

To withdraw funds from your paypal account to a bank account, you need to give all your Bank details along with IFSC Code and Account number. Before you start doing this you need to have the following information with you.
\n1. Your Bank Account Name
\n2. Your Bank Account Number
\n3. Your Bank Branch Code
\n4. IFSC Code<\/p>\n

\"PaypalIn order to find the IFSC code you need to make sure that your bank is NEFT enabled ie offers you Online Banking services. You can also download the list<\/a> directly from Reserve Bank of India website and check out if your bank is listed. There are many details available in this which includes MICR, SWIFT, IFSC Codes out of which you need to trace out your bank branch and get the code.<\/p>\n

While entering your Bank Account name you need to make sure that your paypal’s account also has the same name. You can to your paypal profile page and view the account name you have setup while signing up, which is listed as Merchant Name. You can even request via Help>Contact Us option to change you name in personal and premium accounts.<\/p>\n

\"PaypalThen move to the withdrawals tab and select ‘Withdraw funds to your bank account’ option which is free service for amounts more than 7000Rs and chargeable at 50Rs for less than 7000Rs amount withdrawals. With the following screen asking you to ‘Add a bank account in India’<\/p>\n

Once you add your bank account with the details, you will be shown with a message like ‘You have successfully added a bank account.’ following which you can withdraw funds. Try to go for the lowest withdrawal possible because 50Rs wont hurt you in terms of fees but its safe to go with the lowest withdrawal for the first time. If your transfer is rejected you will be charged with 250Rs return fees in your paypal account.<\/p>\n

Once the withdrawal request is made you need to wait for 5-7 business days for the transaction to be completed. This is a very good option because you dont need to wait for more than a month for withdrawing via check which again you need to deposit in the bank and again wait for clearance.<\/p>\n","protected":false},"excerpt":{"rendered":"

To withdraw funds from your paypal account to a bank account, you need to give all your Bank details along with IFSC Code and Account number. Before you start doing this you need to have the following information with you. 1. Your Bank Account Name 2. Your Bank Account Number 3. Your Bank Branch Code […]<\/p>\n","protected":false},"author":1,"featured_media":18886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[665],"tags":[],"class_list":{"0":"post-2947","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-tips-tweaks","8":"entry"},"aioseo_notices":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/Paypal-Withdraw-ICICI.jpg?fit=306%2C197&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":3869,"url":"https:\/\/www.amitbhawani.com\/blog\/ifsc-code-banks\/","url_meta":{"origin":2947,"position":0},"title":"Indian Banks IFSC Codes List for Paypal NEFT","author":"Amit Bhawani","date":"April 27, 2009","format":false,"excerpt":"Most Indian Paypal users are in search for the IFSC Codes which is required when they are trying to Withdraw funds to their Bank Accounts. Paypal uses the National Electronic Funds Transfer (NEFT) system for Funds Transfer, which is the reason you need to Enter the correct IFSC code of\u2026","rel":"","context":"In "Tips & Tweaks"","block_context":{"text":"Tips & Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/review-bank-account.jpg?fit=773%2C219&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/review-bank-account.jpg?fit=773%2C219&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/review-bank-account.jpg?fit=773%2C219&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/review-bank-account.jpg?fit=773%2C219&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":130,"url":"https:\/\/www.amitbhawani.com\/blog\/paypal-offers-withdraw-funds-directly-into-indian-banks\/","url_meta":{"origin":2947,"position":1},"title":"Paypal offers Withdraw Funds directly into Indian Banks","author":"Amit Bhawani","date":"October 30, 2007","format":false,"excerpt":"Paypal just offered another excellent feature to become a leading payment processor in india by adding directly funds withdrawal option in indian banks which previously was just limited to US banks. Currently only 2 countries ie US and India are allowed to use this feature as far as i know\u2026","rel":"","context":"In "Tips & Tweaks"","block_context":{"text":"Tips & Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/withdraw-paypal-indian-banks.jpg?fit=739%2C294&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/withdraw-paypal-indian-banks.jpg?fit=739%2C294&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/withdraw-paypal-indian-banks.jpg?fit=739%2C294&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2010\/12\/withdraw-paypal-indian-banks.jpg?fit=739%2C294&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":7285,"url":"https:\/\/www.amitbhawani.com\/blog\/answers-to-paypal-verification-funds-transfer-add-funds-problems\/","url_meta":{"origin":2947,"position":2},"title":"Answers to Paypal Verification Funds Transfer Add Funds Problems","author":"Amit Bhawani","date":"November 26, 2009","format":false,"excerpt":"I went through your blog to read up on paypal procedures and was impressed with the detailed instructions to do so. I have some small questions about procedures involved in linking and confirming my debit card, and in linking my bank account. I'm fairly sure you have been through the\u2026","rel":"","context":"In "Tips & Tweaks"","block_context":{"text":"Tips & Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"Paypal India","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/wp-content\/uploads\/2009\/11\/Paypal-India-150x150.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":3841,"url":"https:\/\/www.amitbhawani.com\/blog\/convert-paypal-usd-to-inr-withdraw\/","url_meta":{"origin":2947,"position":3},"title":"Convert Paypal USD to INR & Withdraw Money","author":"Amit Bhawani","date":"April 25, 2009","format":false,"excerpt":"Hi Amit , i have money in Paypal inform of $(dollar), and i want to transfer that money in my bank account so what i have to do? How can i convert USD$ into Indian Rs? - Mohan In order to answer this question first of all you need to\u2026","rel":"","context":"In "Tips & Tweaks"","block_context":{"text":"Tips & Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"Paypal Currency Conversion","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/blog\/Images\/P\/Paypal-Currency-Conversion.PNG?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":691,"url":"https:\/\/www.amitbhawani.com\/blog\/how-paypal-withdrawal-to-credit-card-feature-works\/","url_meta":{"origin":2947,"position":4},"title":"How Paypal Withdrawal to Credit Card Feature Works","author":"Amit Bhawani","date":"July 6, 2008","format":false,"excerpt":"Paypal is offering multiple funds withdrawal options for Indians out of which one is Funds to Card option where in a paypal user can withdraw his funds directly to his credit card using which he has registered and confirmed his account or any credit card which he adds in his\u2026","rel":"","context":"In "Tips & Tweaks"","block_context":{"text":"Tips & Tweaks","link":"https:\/\/www.amitbhawani.com\/blog\/category\/tips-tweaks\/"},"img":{"alt_text":"ICICI Credit Card Bank Statement","src":"https:\/\/i0.wp.com\/www.amitbhawani.com\/Images\/I\/ICICI-Credit-Card-Statement.PNG?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":175,"url":"https:\/\/www.amitbhawani.com\/blog\/icici-bank-introduces-request-funds-feature\/","url_meta":{"origin":2947,"position":5},"title":"ICICI Bank introduces Request Funds feature","author":"Amit Bhawani","date":"November 8, 2007","format":false,"excerpt":"ICICI bank after a announcement couple months back regarding No EFT transfer has now started a new feature in their online banking system by the name of Request Funds facility which is visible under the Account Summary option when you login to your online ICICI banking accounts. 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