Paypal has added a new feature for the Indian paypal users through which all Indians can withdraw their paypal money to their bank account and there is no minimum withdrawal limit. However there is nominal fees of Rs 50/- if you requesting less than Rs 7000/- while there’s no fees for withdrawal of more than Rs 7000/-
Until now the Indian paypal users either have to wait for their cheque or have to give 9.99$ fees to Xoom to get their paypal money. This is really a breather for the Indian users and this move from paypal is welcomed by everyone.
Requirements:
Indian Bank Account( with same name as your paypal account will be preferred)
Indian Financial Service Code(IFSC no.)
Call your bank or check your cheque book for this code
Login to your paypal, add your bank and withdraw thats it
It may take 5-7 business days or more depending on your bank.
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