haw i can get paypal account in india?
By amitpro
@amitpro (75)
India
January 19, 2011 9:54pm CST
hi friends anyone can tell how i can get paypal account becoz ihave not PANCARD .also tell me is credit card also necessary for paypal account . & how money transfer in paypal system takes please explain.
2 responses
@shrijsr (574)
• Bangalore, India
20 Jan 11
Well, in order to set up a paypal account, you need to have a pancard. It will take just 15days or something to get the pancard done and it costs you jusr 95rps. After you get the pancard, you can register with the site, www.paypal.com. Registration is nothing but you just have to sign up with the site. After you get the confirmation mail from paypal, you need to link your bank account to the paypal account. All these have easy and simple steps which you will get to know once you check out in the site. I don't think credit card is a must until and unless you want to use it. But Pancard is a must!
Hope it was informative.
Cheers!
Happy Mylotting! :)
@denydungrani (359)
• India
20 Jan 11
Well its neccessary to get a pancard to withdraw your collected funds in paypal. You can apply for the same and get it within 20 days or so. Alternatively, you can also use your parent's PAN card if they have one coz after all the income is going to come to your home. I hope this answer helps you.
Happy Mylotting! :)
@kirtricks (650)
• India
21 Jan 11
nope if u use ur parents pan if they are having income of more than 2 lack per year then paypal will reduce tax from the amount withdrawing