How To Transfer Funds from PayPal Account To Indian Bank

@neobcrec (169)
India
March 8, 2009 5:31am CST
I'm from India & I want to know about the procedure of transferring money from PayPal to Indian Banks. I do not have any CREDIT card. I heard about Cheques but they are expensive also. Any other option??
1 person likes this
4 responses
nagendhra
@nagendhra (18)
•
9 Mar 09
u can withdraw funds from paypal to u r bank account directly with in 2-3 days but the amount must be greater than 7000 other wise paypal will charge u RS 50 i suggest SBI HDFC or ICICI banks accounts to withdraw u r funds
neobcrec
@neobcrec (169)
• India
9 Mar 09
thanx....i got it.
ushassu
@ushassu (34)
• India
11 Mar 09
hello nagendra.can u tell me the procedure to withdraw through SBI bank.also when cn we accumulate Rs.7000 here with only 0.01 being added for each question.thanks for the tip though
samvel2609
@samvel2609 (1)
• India
2 May 09
hi ppl, recently i withdrawed money from paypal to my sbi account in india....upto my knowledge i correctly provided all the details including account number and ifsc code....may i know wat particulars will paypal look for while transferring money to a bank account in india... some one please help me samvel
yatindra_v
@yatindra_v (1)
• United States
6 Jun 09
Hi All, I was going thru this discussion. Now i want to know how to use paypal account to get money from US? Please let me know. Thanks and regards, @Yati
neobcrec
@neobcrec (169)
• India
16 Jun 09
Welcome to myLot!!!!!! First,Transfer ur funds to ur PayPal Account from ur US bank account. Then transfer the fund to INDIAN Bank account. It's simple....
earncommunity
@earncommunity (1183)
• India
8 Mar 09
first get the ifsc code of your bank account from the branch where you hold your account. Enter the IFCS code and bank account no. in your paypal account (you will get this option when you choose to withdraw through your bank account) thats it!
gangulydada7
@gangulydada7 (67)
• India
10 Mar 09
hey thanks for starting this discussion. i too had an doubt about transferring the money to out bank account. i have an account in Indian bank. is the Indian bank OK for transferring money from pay pal.
jayguar
@jayguar (273)
• India
11 Mar 09
The Indian bank is fine for transferring money from paypal. All you have to do is get the IFSC code for the particular branch you have account with. The IFSC code for Indian Bank starts with IDIB000... It would be better if you could ask the bank directly for the code instead of search it in the internet.