How to withdraw money from paytm wallet?

Payment Wallets
1

Hey guys!
I have money in Paytm Wallet but I want to withdraw it, what are the different ways to do?

1 Like
2

Withdrawing money from your Paytm wallet is pretty simple , you just need to transfer it to your bank account.

Step 1: Open the Paytm app and click to your Paytm Wallet.
Step 2:, Select the “Transfer to Bank” option and enter the amount you wish to withdraw.
Step 3: Enter your bank account details and confirm the transaction.

3

I have some money sitting in my Paytm wallet, but I’m not sure how to transfer or withdraw it. What’s the process to withdraw money from the Paytm wallet into my bank account?

4

Yes, you can withdraw money from your Paytm wallet to your bank account, but the process comes with a few conditions. Here’s how it works:

• KYC Requirement: To transfer money from your wallet to a bank account, your Paytm account must be KYC-verified. If you haven’t done KYC yet, you’ll only be able to use the wallet balance for recharges, bill payments, or shopping.

How to Withdraw:

1. Open the Paytm app and go to the Paytm Wallet section.

2. Select Send Money to Bank.

3. Enter the bank details (like account number and IFSC) or choose from saved accounts.

4. Enter the amount you want to transfer and confirm.

• Charges: Paytm may apply a small fee for transferring wallet money to your bank account, especially if you’re using a credit card to load funds. Always check the charges before confirming.

• Instant Transfer: In most cases, the money is transferred instantly, but sometimes it can take a few hours depending on bank processing.

So, once your KYC is complete, withdrawing money from your Paytm wallet to your bank is quick and hassle-free.