Rahul’s blog

Getting your paypal fund was little hassle & there were some sub channel ways which bloggers tried to cash their paypal fund in India like getting US bound Credit card & etc , but no 1 was safe & some got freeze pay pal a/c due to legal issues .

Now ,paypal fund can be withdrawn from your Indian bank a/c legally .

1. Login to your PayPal account.
2. Click the ‘Profile’ subtab on the Account Overview page.
3. Click the ‘Bank Accounts’ link in the Financial Information column.
4. Click Add.
5. Fill out the Add Bank Account form.
6. Click ‘Add Bank Account’.
7. You are now able to withdraw funds from your PayPal account to this bank account.

“State Bank of India , Bank of India, Canara Bank, Union Bank of India, HDFC Bank, ICICI Bank, ING VYSYA Bank, UTI Bank, Standard Chartered Bank, HSBC, Citibank are the participating banks.

It takes 5-7 business days, but may take more time, depending on your bank’s policies.

No, there are no minimum withdrawal amounts or maximum withdrawal amounts. However, a non-verified PayPal members can only withdraw US$500 per month.

For withdrawal amounts of more than 7,000 Rupees are free. For withdrawal amounts of less then 7,000 Rupees, there will be a fee of 50 Rupees.”

So finally a good relief to get money from your own personal Indian bank a/c. Although, there is already visa credit card withdraw facility is there but I hope this 1 is little fast & transaction charges are low.

Update : find your bank codes here