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This post is to answer all the blog comments asking how to withdraw money from PayPal to Indian banks.
PayPal allows you to withdraw money directly into your Indian bank account for free if you are withdrawing more than Rs.7,000. If it is less, it charges Rs. 50 as fee. This is the better way than requesting cheque because it takes few weeks to deliver, a month for realization, and more over PayPal charges $5 fee and your bank charges approximately Rs.150 to Rs. 250 for clearing international cheque.
Follow these steps to withdraw funds from PayPal to Indian banks:
Log into PayPal and click the link “Withdraw” Then, select the option “Withdraw funds to your bank account” and click “Add Bank Account” It will ask First name, Last name, Bank Name, IFSC code, and Account Number. The thing in question here is IFSC code.
IFSC is Indian Financial System Code assigned by Reserve Bank of India (RBI) for every bank branch for easiness in transferring funds and communication. If you have an ICICI account, you can see the IFSC code printed on the cheque book itself. Get the list of participating banks and its branch codes in an xls sheet by clicking here. This is the link to the main listing page where you can find the updated list in case if it is updated by RBI and you are not able to get the XLS sheet. IFSC code is an 11-digit character and numeric code and looks like BKID0003322, which is an IFSC code for Bank of India, Gandhigram branch in Gujarat State. 3322 is the branch code and BKID is the bank code. Enter the appropriate IFSC code for your branch followed by your account number. You can also confirm it with your bank branch. After that you can select the amount to withdraw into your bank account, which readily converted into Indian rupees and showed to proceed with withdrawal.
Once you are done, you will get the money directly into your bank account in three to seven business days. I have tried to transfer the money to an ICICI account and it took only three days for getting the money. Still have questions? Post in comments.
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February 16th, 2009 at 9:29 am
i am doing a survey in awsurveys website.i want to know which paypal account is needed for redeeming money from awsurveys through paypal.means it should be d personal or any other
February 17th, 2009 at 7:23 pm
AW Surveys is a SCAM. Just google the words “AW Surveys+scam.” Stay away from that site. Personal account is enough to withdraw money from these type of sites.
March 3rd, 2009 at 11:33 am
I want to buy some products from USA through E-Bay. I have a PayPal Account BUT I have not link that with any of my DEBITCard ( because of some confusion in OPERATION of PayPal with INDIAN Bank DEBIT Card ). So, I want to ask you some question :
1. I have a “ATM cum DEBIT” Card of ICICI Bank. Can I link that DEBIT
Card with my PayPal Account ?
2. If I Link That DEBIT Card with my PayPal Account, Then in the time of
PAYMENT ( for some PRODUCT, bought through E-Bay), will the AMOUNT will be automatically duducted from my DEBIT Card OR, through all the reguler procedures same as e.g. BUYING RAILWAY TICKET BY USING DEBIT CARD ? ( i.e. all the process of LOGIN in my Bank Account and allowing my bank to pay through proper authentication procedures ?)
3. How will I add the money in my PayPal account ? – ( when I have BANK ACCOUNT in ICICI BAnk ? )
March 3rd, 2009 at 8:47 pm
I have tried with my debit card to verify my paypal account, but it did not work. Although, the site says that you can verify your account with debit card, it does not seem to work. What I did was, I opened an account with HDFC and opted for International Debit Card, which allows me to create virtual credit card. With that you can purchase products from international sites and also used to verify the PayPal account. Hope it helps.
March 11th, 2009 at 1:33 pm
I have debit card of the federal bank,can i link it with paypal and then use paypal to shop online??Is it safe to do so? Plz give the details if its possible. Thanx.
March 12th, 2009 at 3:53 pm
First, THANK you for sharing your experience !
Now, I want to ask you another question about other option of Payment (through BANK ACCOUNT with INTERNET BANKING Facility).
I have ONE Doubt : “PROCESS OF PAYMENT THROUGH PayPal”
Suppose, I want to buy a product from E-Bay( cost of Rs. 1000) and want to pay through PayPal. For that payment (as far as I know) , – I have to have that amount(Rs.1000 + any other charge-if any) of money/balance in my PayPal Account. Right ? Now my question is – HOW CAN I ADD MONEY IN MY PAYPAL ACCOUNT ?
FOR THAT ABOVE PURPOSE, Suppose, I opened a SAVINGS ACCOUNT in ICICI Bank with INTERNET BANKING Facility ( through which , I can transfer money to other Bank Account)
Now, will I be able to transfer money to my PayPal Account from my ICICI Bank Account ?
March 25th, 2009 at 12:06 pm
I want to know about IFSC code of ICICI Bank. They have provided me the two codes one is NEFT IFSC code – ICIC0SF0002 and other is RTGS IFSC CODE – ICIC0000007
Which one i will use. ?
March 25th, 2009 at 10:57 pm
From FISC Code available on the net, it shows that the first code belongs to their head office in Bandra Kurla, Mumbai and the second one belongs to NEW DELHI – CONNAUGHT PLACE branch. If you have account in Connaught Place, then go for the second code and if you have account in Bandra Kurla branch, then go for the first.
March 29th, 2009 at 5:14 pm
Hi, naveen thanks for helping with a useful information. My question is simple:
I have a bank account in SBI With the name Yogesh Singh( please note Y and S are capital) and i have account in paypal with the name yogesh singh( Y and S are not capital) . i have about 200$ in it. Can i withdraw them into my bank, or will they reject this transaction because Y and S are capital.
March 29th, 2009 at 5:33 pm
That does not make any difference. You can proceed with fund transfer. Note that, while transferring the found if you have given account number or account name wrongly, the funds will be returned to your PayPal account, but they deduct Rs. 250 as charges for returning of funds.
April 12th, 2009 at 12:26 am
can i link my sbi atm card with paypal
April 12th, 2009 at 7:34 am
No. You need a credit card of any bank.
April 12th, 2009 at 1:42 pm
naveen, i tried to withdraw money and paypal says transaction is completed but still i cannot see money in my bank account
April 12th, 2009 at 6:45 pm
Have you entered the IFSC code correctly? Though you enter it wrongly, no need to worry about as the funds will be returned to your account. As we got Good Friday holiday and Sunday too, there will be delay in transfer. Wait for another two days and see.
April 13th, 2009 at 11:25 pm
yes, i have entered the IFCS code correctly but i don’t know why it is taking time.
i make my bank account on thrusday and on same day i withdraw the funds and on saturday morning i came to know that the status is complete
but still bank is not showing any money.
today i also checked but its showing no money.
it says it will take 5-7 days so, may be i have to wait till friday.
April 20th, 2009 at 10:04 am
Hi,
Naveen please help me as my money is stuck with paypal account.As i dont have credit card i have withdrawl limit of 500$ per month but because i did not know my brother sent me more than my withdrawl limit and now it says that need credit card to increase my limit .Need to know can i use my friends credit card for verification?will my money get transferred to his bank if use his credit card or to my ICICI account which i have attached?
Please reply its been 20 days i did not get my money and even my brother did not get it back.
Please reply…..
April 20th, 2009 at 7:36 pm
Try to upgrade it with your friends credit card and see if it works. Otherwise get account at HDFC with International Debit Card. They have free virtual card creation facility. I think from that you can verify your account at Paypal. But this process takes time.
April 23rd, 2009 at 11:27 am
Hi,
Thanks a lot. Please clarify my doubt recently I joined in some affiliating cites like http://www.at-mails.com, http://www.be-mails.com is this cites are genuine or not i got some 100$ in my those cites. but as free member the payment will be made when ever I reach $ 2000. please tell me is it trusty.
Regards,
PRANAY
April 23rd, 2009 at 7:17 pm
This is surely a sign of scam. No one is going to pay one dollar just for viewing a website. The highest amount I have seen is two cents that is at Hits4Pay.
They are scam sites. Stay away from those.
April 27th, 2009 at 12:28 am
Thanks Naveen, Now i got payment.
My experience says, you will not immediately receives payment, even if paypal says it is completed , you have to wait for 5-7 days.
April 27th, 2009 at 9:31 am
Glad you received your payment at last.
May 6th, 2009 at 8:26 am
Hi, naveen. i have got into a serious problem. paypal has limited my account and they are asking for credit card or bank statement.
The account in on my mother’s name and bank account is on my name. Will they accept my statement.
How to get out of this. Is there is any way to contact paypal.
May 6th, 2009 at 7:46 pm
Ask the PayPal support directly. It is the better choice rather than doing all the stuff which can lead to permanent ban where you will lose all the money.
May 7th, 2009 at 9:50 am
hi,, i want to cxreate my paypal account in order to recieve payment from hits4pay. but i do not have any credit card so what to do now. how can i claim this money
May 7th, 2009 at 1:12 pm
How can i ask the paypal support directly. Any contact number.
May 7th, 2009 at 8:40 pm
There is no need to have the credit card to create an account. Just register for an unverified account.
May 7th, 2009 at 8:43 pm
For email support, log into your account and copy & paste this URL to get it https://www.paypal.com/in/cgi-bin/webscr?cmd=_contact-general
Their telephone support is US only to get the telephone number and pin, log into your account, and click this link: https://www.paypal.com/in/cgi-bin/webscr?cmd=_contact-phone
May 8th, 2009 at 7:22 pm
Hey, i want a new credit card verified by visa through ICCI bank
Can i apply for EMI card that can be verified by paypal.
May 8th, 2009 at 7:24 pm
I think you can. I think it is a credit card with EMI option pre-configured.
May 9th, 2009 at 5:18 pm
You can withdraw funds from your Paypal account to almost any reputed International bank in India. but you cannot add their debit card to verify your account in Paypal I have tried with almost every debit card. you require a credit card to verify your paypal account.
May 10th, 2009 at 9:16 am
Hello Naveen. Do I need to get my SBI account activated for netbanking before registering it on Pay Pal?
May 10th, 2009 at 9:28 am
No need.
May 15th, 2009 at 1:08 am
I have debit card of the federal bank,can i link it with paypal and then use paypal to shop online??Is it safe to do so? Plz give the details if its possible.
May 15th, 2009 at 5:40 am
Verifying with debit card is not working. You need to have credit card. They charge for depositing money from credit card into your paypal account. It is a bit high and it is better you purchase online products with Credit Card only at a well known online stores.
May 16th, 2009 at 9:53 am
Plz tell can I withdraw money to my Bank of Baroda a/c even if Net banking is not activated on my account.
Also tell if i can withdraw money to my mother’s ICICI bank a/c which is of different name than PAYPAL.
May 17th, 2009 at 9:28 am
There is no need to have Internet banking activated on your account. But, do not try to withdraw into account with different name. You may get ban on your account and your may lose the amount.
May 22nd, 2009 at 10:42 pm
I come to know from your comments HDFC International Debit Card can be used to verify the PayPal account.What can I do to avail the same ? As I am working in abroad can I apply online for the same ? and pls.let me know whether it is safe to attach our debit card to paypal or not ?
May 23rd, 2009 at 12:18 pm
When you apply for international debit card, you will be able to create a virtual credit card verified by VISA, which you can use for verifying the Paypal. You can get further details from HDFC customer care at customercare@hdfcbank.com
May 28th, 2009 at 12:24 pm
Hi,
from your post i understand we can link only credit cards to paypal and not debitcards or atm cards, right?
so, if i have to pay to an online firm with paypal, i need to have an credit card?
can u tell me about this HDFC, international debit card?
I have a Federal Bank International debit card, which i tried and paypal said your bank has rejected your card!
May 28th, 2009 at 9:33 pm
It is better to purchase things with credit card rather than using paypal because there is a charge to deposit money into paypal with credit card. Be careful about purchasing things online. I don’t know whether HDFC Verified by Visa option is working or not. It used to work in the past. When you apply for international debit card, you will get access to Verified by Visa option where you can create virtual credit card, which you can in turn use to verify your PayPal.
May 31st, 2009 at 2:52 pm
Can I link my SBI ATM debit card (in place of required Credit Card)for opening a pay pal account with Pay Pal Bank for international transactions.Further I have to say that I have no passport or visa.
May 31st, 2009 at 9:03 pm
You need to have credit card. Paypal won’t accept debit card.
June 9th, 2009 at 8:46 pm
Hi Naveen thanx for all the interest you take to answer our questions. I’ve got a question– I recently applied a Pay Pal account, as soon as i got 10$ from a fren (jus to check if its working or not) they charged me 1.1$, next day i asked them to add 10more $’s and again i see 1$missing from the actual account. Will this continue again and again? Do they charge me 1$wenever i receive funds to my account?? How can i avoid this?
June 10th, 2009 at 5:48 am
Transfer of money between PayPal account will not cost you anything. They are free. They charge only if you receive money through Credit Card and they limit it to around 5 to 7 times in a year. Once you upgrade it to a business account, the fee will come down somewhat less.
June 12th, 2009 at 2:12 pm
Is that so. But u know the fact is i’ve received funds 4m other Paypal account only. tried 3times n noticed the same thing. so how can i claim the lost amount??
June 12th, 2009 at 8:48 pm
Send mail to customer service and see what they tell you. But, I don’t think you will be charged for transfer from other paypal account. One thing I can tell you that if you are receiving funds from other Paypal account, then they are deposited into your account directly. If you are receiving from Credit Card, it will ask for confirmation whether you accept it or not and also shows how many more times you can accept credit card payments.
June 17th, 2009 at 2:05 am
Hi Naveen,
I just want to know that i have opened a paypal account one month back, where i used different id say. Purva@gmail.com..now using this id.. in personal detail i put different name say. nishant ..though i have given all the personal and bank details in Nishant’s name..Please let me know if there would be any problem in this?
June 17th, 2009 at 5:25 am
No problem.
June 20th, 2009 at 3:19 pm
Hi Naveen,
I have an account with first name, middle name and last name but paypal have only first name and last name. Can i withdraw the money by first name and last name only no need of middle name ?
June 20th, 2009 at 7:06 pm
I don’t think it will cause a problem, but it depends on bank whether it will accept or not. If does not, the funds will be transferred back to PayPal account and Paypal charge a fee.
June 29th, 2009 at 7:56 am
Hi Naveen,
I am planning to apply for an international debit card from Bank of India. Can I use it to verify my PayPal account?
If not, then please could you give me a list of banks that provide international debit/credit cards that also can be used to verify PayPal Ac/?
Please Help?
Anu
July 1st, 2009 at 8:13 am
You can indeed verify Paypal using SBI Gold International Debit Cards (Visa / Mastercard) and SBI Yuva Cards (Visa)
Regards
Vivek Godgift J
State Bank of India
July 5th, 2009 at 10:16 pm
Hi,
You have provided very very important information. Thank you so much. I have an account on shareapic.net website, they pays for sharing pics.
But the only method they use is paypal. Now I have bank account in SBI and ICICI & i have debit car for both account but those don’t get verified on paypal as we know. So will it make any problem in receiving money from shareapic.net as my credit/debit card details are not verified on paypal. Will simple fund transfer method you described will work without getting account verified?
Thanks in advance.
July 11th, 2009 at 3:51 am
Hi aslamdoctor,
You will have no problem in receiving payment from sharepic.net to your paypal account even if it is unverified.
Please note that if they use their own Paypal a/c to pay you, you will be alright but if they use their credit/ debit card to pay you on your Paypal a/c you will be charged a fee of approx. Rs. 250.
Yes, the simple fund transfer method from Paypal to Paypal works. And funds from Paypal can be transferred to your local bank account too without having to verify your a/c with a card.
Let me know if you have any questions.
Harsh
July 11th, 2009 at 3:58 am
Besides the above mentioned HDFC International Debit Card, SBI International Debit Card and SBI Yuva Card you can use your Kotak Mahindra Bank account to verify your Paypal a/c and lift limits too.
If you have a Kotak Mahindra Bank a/c with the netbanking facility activated , all you need to do is login and create a netc@rd. This is a virtual Visa card that can be used to make online purchases. Just ensure that the value that you assign to this netc@rd is sufficient to accomodate the $1.95 fee applied by Paypal. Paypal refunds this fee, once you confirm the expunse code (a sort of response/ identification no. for the txn.) to them and updates your a/c to a verified a/c.
Let me know if you have any clarifications.
Harsh
July 12th, 2009 at 8:57 am
Hi Harsh,
I am just looking for the proper answer for one of my DOUBT : “PROCESS OF PAYMENT THROUGH PayPal”
Suppose, I have already verified my PayPal Account with my ICICI Credit Card / any other Credit Card.
Now, Suppose, I want to buy a product from E-Bay( cost of Rs. 1000) and want to pay through PayPal. For that payment (as far as I know) , – I have to have that amount(Rs.1000 + any other charge-if any) of money/balance in my PayPal Account. Right ? Now my question is – HOW CAN I ADD MONEY IN MY PAYPAL ACCOUNT ?
FOR THAT ABOVE PURPOSE, Suppose, I opened a SAVINGS ACCOUNT in ICICI Bank with INTERNET BANKING Facility ( through which , I can transfer money to other Bank Account)
Now, will I be able to transfer money to my PayPal Account from my ICICI Bank Account ?
Or,
PayPal will always use my CREDIT CARD for payment for any of my PURCHASE ?
Will you Plz. Clearly explain all the possible way / procedure of “PAYMENT THROUGH PAYPAL”
THANKS in Advance !!!
July 12th, 2009 at 2:48 pm
If you are solely opening Paypal account for purchasing something from Paypal is not wise. Paypal charges approx. 1.5% for transferring money from your credit card into Paypal account. It is good directly use credit card to purchase something. Paypal A/C is like virtual bank account with which we can transfer money into others’ Paypal account for transactions, which is easy and fast way of sending money. I work as a freelancer for people around the world, so it is easy to get the payment from them into my Paypal account, then transfer into my bank account and use. I think you are thinking that using Paypal will give additional protection or some other features which are not available through the credit card, but it is not. It is a form of payment method only.
July 18th, 2009 at 11:36 pm
hi naveen, i have a paypal account and last month i withdraw 500$ from it. this account is not verified. but when i try to withdraw money this month it says you have reached your withdrawl limit for this month. and from my knowledge its easily over one month before last transaction. can i withdraw a total of only 500$ with an unverified account or 500$ per month.
please advice me.
July 19th, 2009 at 12:14 am
Paypal imposes withdrawal and transaction limits on personal accounts. Your account limits can be seen in the section “View Limits” after you logged into your account. But, I don’t understand why you are dealing with such a huge amount via Paypal, that too with unverified account. You are at risk of “account freeze” for which Paypal is well known for. You will eventually lose your money. Their support will be poor and chances are very less to get your money back. Read all bad things that can happen when you are dealing with Paypal @ http://www.paypalsucks.com/
Never do that much huge transactions with Paypal. Use Western Union Money Transfer for that.
July 24th, 2009 at 3:43 pm
i have an sbi account, do i need to enter the 11 digit account number or 17 digit core banking account no. including six 0′s at starting
July 25th, 2009 at 12:29 am
Hi Naveen,
From the above posts i come to know that we can use SBI international debit card also to verify the paypal account.I would like to know the details reg. that.Can you let me know which kind of that card,how we can avail that and other all………
I will be very thankful to you.
July 27th, 2009 at 1:19 am
Hi Naveen,
This is khan i have an doupt about the paypal account which i have opend pls clear it i have opend a account for my company in my name an my own id i have a doubt in this if my coutmer pay in my siet they see which i have use to register in paypal am i wriet. I have fee more doubt i have register my account to verfy im my card but i dint get the code from the bank what they saying is they will only gendrate the bill monthly once they don’t give between that what can i do for reciev the code. i have one more doubt if i register paypal in my name but i am going to tyep my company account to use withdraw is it any problem come in fetcher could u please clear this problem for me as soon as posible.
Warmest Regards
Khan
July 27th, 2009 at 7:04 pm
* Your customer will see your email ID while paying the Bill
* If you have online banking facility, then you can see it immediately. As you are dependent on the manual bill, just wait for physical statement.
* Withdrawing account also needs to have the same name you have in your paypal account.
July 27th, 2009 at 7:14 pm
Hi Krishna,
I never used it. One of my blog readers and staff of SBI explained it in detail above. He mentioned that SBI Gold International Debit Cards (Visa / Mastercard) and SBI Yuva Cards (Visa) works for verification.
July 27th, 2009 at 7:15 pm
It is the number printed on your debit card.
July 30th, 2009 at 12:00 am
Hi Krishna / Naveen,
I have explained the cards and also given application form there for help yourselves, so drop by http://paypal.statebank.org.in to know more…
Regards,
Vivek Godgift J
State Bank of India
July 31st, 2009 at 6:51 pm
Thanks for visiting back Vivek. I was searching for the link and didn’t find it.
August 2nd, 2009 at 10:44 pm
Hello
I want to know how to change the name of my personal payapl account..My name is SHYAM R S (2 initials) as in bank account.What is my first name and wat is the last name. as in my case.please help me
August 3rd, 2009 at 6:55 pm
Keep R S as last name
August 3rd, 2009 at 10:40 pm
Please say me how to change the name of my pesonal paypal account from shyam krishnan to Shyam R S.Please help me.i visited paypal.com.it is coming as you have made a major change in name.what to do
August 4th, 2009 at 5:57 am
Contact them and explain your problem. Somewhere in the comments, you can find direct link to the contact form of them.
August 6th, 2009 at 3:04 am
Hi Naveen I have created the paypal with ur help thanks. could u help about api that means there are to options one is html link another is api could u help me creat a API for my siet.
Thanks
kakish
August 6th, 2009 at 4:37 pm
This is what you need: http://www.paypal.com/cgi-bin/webscr?cmd=p/xcl/rec/singleitem-intro-outside
Look at the left side menus and go through them.
August 7th, 2009 at 5:17 am
Hi, naveen, i have just got my HDFC Gold Debit card which is certified through VISA. Now how can i use it to verify paypal.
August 9th, 2009 at 8:09 pm
You need to attach it to “Verified by Visa” at http://www.hdfcbank.com/common/onlineservices/netsafedemo.htm
After that, you will be able to create virtual credit cards with which you can verify your paypal account. Just create a virtual credit card with around Rs. 500 and use it to verify.
August 10th, 2009 at 11:06 pm
This same withdrawal feature in Paypal during the bank account adding process, the BANK NAME field is a drop down box some years back, where only certain banks name are available. But now This BANK NAME field is a text field, wherein we need to enter the name of the bank.
Does this mean that Paypal now is allowing all banks in India to withdraw?? Please clarify..I want to withdraw to my ABN-Amro bank..
Thank you!
Sri Hari
August 12th, 2009 at 1:25 am
Hi, Naveen could explain me about the verifigaction can i verify my account with my friend credit card. its a bussines account. which i have using for payment in my siet.
August 12th, 2009 at 8:19 pm
My Last name in my personal pay pal account should be R S or RS(means there should be space or no space.
August 12th, 2009 at 8:28 pm
That does not matter, I think.
August 12th, 2009 at 8:42 pm
No…don’t do that. Try to get a credit card. It is a bit easy these days. You need to have a gross/net salary of 6k only. Else, see above comments somewhere SBI employee has shown a way to verify the paypal using SBI debit card.
August 12th, 2009 at 8:47 pm
Yes, you can withdraw into any bank branch, which has an IFSC code. Download the XLS sheet from the link, find your bank branch’s IFSC code and enter it in Paypal. That’s all.
August 12th, 2009 at 10:45 pm
Hi Naveen I have a bussines account in paypal. from this account i trying to withdraw amount to my persnol account when i try this the acount holder name show my company name. I have added my personal account to the bussines paypal account. shall i withdraw there is no problem when i withdraw please clear me.
Warmes Regards
Arun
August 12th, 2009 at 10:53 pm
Sorry, I don’t have knowledge about this. It would be better to ask Paypal support team before doing something. You can find the direct support link in above comments. If you can’t just login and search for the link to contact them.
August 17th, 2009 at 3:41 pm
How I Withdraw funds from AlertPay to Indian banks
August 17th, 2009 at 9:39 pm
Sorry…..I never used to withdraw from it. I just used it once to get amount from a site I participated and transferred the amount to another customer. After that I never used it.
August 23rd, 2009 at 2:22 pm
can any one help me…..i have 2 recieve money 4rm hits4pay website…..
i dont have a paypal account and i just have an sbi account …….
so can i do with dat………….or shud i hav an another account……….???
i have a ANDHRA BANK debit card………..so can i use dis for paypal verifcation………………???
August 23rd, 2009 at 10:37 pm
Hits4Pay also pays through check. So, use that method. Somewhere in the comments, you can see a post from SBI staff with link to how to verify Paypal with SBI debit card. Try that.
August 26th, 2009 at 3:32 pm
Hi Naveen,
I have checked the paypal account with my netsafe card in hdfcbank. But what is the thing is i don’t know where to check the paypal confirm pin which have send by paypal Could u help me please in this.
August 26th, 2009 at 8:08 pm
You are almost done. When you log into the Netsafe, you can see a card like image where balance is shown. At the bottom of the card, you can see a link “All Accounts/Services” Click on it and it will show you account and balance. At the bottom of that window, you can see an orange tab “Txn. Details” Click on that and you can see all the card details. There you can see the pin of Paypal. Note it and enter it in Paypal to complete the verification.
August 27th, 2009 at 7:56 am
The withdrawal from Paypal to my Standard Chartered Account was successful and I got the money within 2 days.
Standard Chartered banks accounts can be used for Paypal withdrawals.
(This post is just for helping google search users!!)
August 27th, 2009 at 4:58 pm
What kind of HDFC account should I have to apply for Netsafe? Whats the minimum balance to create an account with HDFC. I am creatingaccount with HDFC just for this netsafe feature. In such case which kind of account is advisable for me? A saviings account?? or I’d like any account which has got minimum balance.. >> @Naveen.. please clarify
regards,
Sri Hari
August 28th, 2009 at 10:30 pm
You just need a savings account, but you need to maintain Rs. 5000 quarterly average balance (QAB). QAB is Rs. 5000 in any private bank these days.
August 29th, 2009 at 7:34 am
I just reached here by some googling.
hope here i may find solution to my problem
my problem is i have some dollars in my paypal and i wish to withdraw them.
but problem is paypal is not showing my middle name while my bank account SBI has frst name middle name and last name.
so can they consider it name mismatch. please help, any one withdrew in such case?
my paypal is not verified yet.not linked to any cc
August 29th, 2009 at 7:46 am
@Naveen
There is a “No frills Account” in HDFC where we do not need to have any balance. i.e. zero balance. Any idea of this? Why a savings account when we got this? Please clarify!
Thanks in advance!
August 29th, 2009 at 9:09 pm
Banks have to offer “No Frills Account” (NFA) where minimum balance is zero. It is an RBI rule to make the banking services available to lower-income group. But, this account has lot of restrictions like limited number of transactions and limited amount of money flow. If the total amount of transactions reach more than 50k per year (I think…I am not sure about the limit), it will automatically made normal savings account. If you can afford a 5k QAB, go for it. Otherwise, take NFA account.
September 1st, 2009 at 8:24 pm
Dear Naveen,
I tried to link my international debit card but it is not happening im getting a error like “That card number is already registered with PayPal. Please enter a different number.” My card is Corp Convenience International debit card. I want to withdraw 1602 USD please guide me how to do it. And how much will amount will paypal deduct?
September 1st, 2009 at 8:28 pm
Debit Cards will not work except SBI as mentioned by Mr. Vivek from SBI. You can take HDFC international debit card and then using it you can get a virtual credit card creation facility called “Netsafe Verified by Visa.”
“You can indeed verify Paypal using SBI Gold International Debit Cards (Visa / Mastercard) and SBI Yuva Cards (Visa)“
September 1st, 2009 at 8:43 pm
Thanks Naveen for the very quick reply, One more query can i use my friends SBI debit card to link it?
September 1st, 2009 at 8:51 pm
No. It may become a problem and paypal can freeze your account. Don’t do that. Be careful. Read the horrible cases here: http://www.paypalsucks.com/
September 2nd, 2009 at 11:43 am
can we register paypal ac through andhra bank debit card.
now am doing online surveys. they ask paypal account. how can i receive that amount other than paypal. if with paypal is andhra bank debit card is enough?
September 2nd, 2009 at 6:20 pm
You might have not gone through the list of comments. At present only SBI debit cards and virtual credit card using HDFC international debit cards work to verify your Paypal account. Else, you need to get a credit card.
September 2nd, 2009 at 6:27 pm
Thanks so much Naveen for guiding me
September 3rd, 2009 at 9:25 pm
How much money can i keep in my Personal paypal account & i m unverified
September 3rd, 2009 at 9:46 pm
I think there is no limit. But, don’t keep a huge amount especially in unverified Paypal account.
September 4th, 2009 at 10:50 pm
Dear Naveen,
when I tried to verify my Paypal account with my new International Gold Debit card of SBI one message was showing as……..”This credit card has been denied by the bank that issued your credit card. For details on why your card was denied, please contact your credit card issuer’s customer service department. Or, you may want to try adding a different credit card.”
can you just tell me what i can do to process my verification………..
i will be very thankful to you……..
with regards,
Krishna
September 4th, 2009 at 11:08 pm
Unfortunately, I never used it. I recommended getting either a real credit card or getting a virtual credit card using HDFC international debit card. One of the SBI staff is following this thread, so hope he will answer your question.
September 7th, 2009 at 6:40 pm
Hi Krishna,
Do Elaborate your problem to email : helponline[at]statebank.org.in, will reply with a solution.
Regards,
Vivek Godgift J
State Bank of India
September 10th, 2009 at 10:28 am
hey i would like to know if its safe to fill in our details such as address, phone number etc. @ hits4pay! thanks!
September 10th, 2009 at 8:49 pm
They are safe.
September 13th, 2009 at 5:41 am
Hi Naveen ,
i wants to ask that is waoindia.com & hitzmagic.com a scam site ??
I searched in Google but almost every 1 got the payment but i would like u to answer my wuestion
September 15th, 2009 at 12:03 pm
Dear Naveen,
The withdrawal from Paypal to my INDIAN BANK (please dont confuse my bank’s name is INDIAN BANK) is it possible? I have Global Debit Card (MASTERCARD) will it work???
September 15th, 2009 at 2:27 pm
Hi Naveen,
I have a bank account in icici bank with the name rajesh kumar sharma, my bank & paypal a/c names are same but when i linking my bank a/c with paypal my last name listing first in paypal bank a/c which i unable to edit there. Could i withdraw money into my bank a/c or will they reject this transaction because of my last name coming first.
September 15th, 2009 at 9:26 pm
First withdraw a hundred or so and see what happens. If it works, you can start withdrawing the rest.
September 15th, 2009 at 9:27 pm
All major banks will work, but you can’t verify your Paypal account with debit card of Indian Bank. Get a credit card and verify.
September 15th, 2009 at 9:29 pm
I never come across these sites. Do test and let me know if they really work.
September 16th, 2009 at 12:08 am
Whats the minimum amount you can withdraw from paypal???
can I withdraw money without verifying account??
After I verify my account.. will it be safe??… They wont freeze it right??
September 16th, 2009 at 8:56 pm
recently I Tried linking my moms standard chartered debit card affiliated to visa to my paypal account… but it never accepted.. do you know why???
September 18th, 2009 at 8:56 pm
There is no minimum it seems. If you want to withdraw a dollar, you need to withdraw at least two dollars because there is a charge of Rs.50 for amount less than 7k. I don’t know whether you can withdraw from unverified Paypal or not. Try yourself and let me know..of course test with a dollar. They can freeze any account with suspected activities regardless of verified and unverified.
September 18th, 2009 at 8:58 pm
Debit card never works except selected SBI debit cards. Read all the comments and you will find comments related to SBI debit card.
September 22nd, 2009 at 12:33 am
credit cards are sure to work right???
ok suppose i verify paypal with a standard chartered credit card .. Then can i transfer the money to a sbi account??
September 23rd, 2009 at 11:10 am
dear naveen, thanks for the detailed discription, abt how to withdraw money from paypal. i have a question to be cleared, can i send money to multiple accounts at different times, coz some times i will buy LR funds or i’ll have to transfer to my friends acc from my paypal acc. as i’m a trader in ebay, i receive all my payments via paypal only, so, plz, clear my issue…Thanks in advance…
September 23rd, 2009 at 8:43 pm
There is mass pay facility for business accounts to send payments to multiple accounts at the same time. I think scheduling is not possible. If you have business account, you can explore what options they have provided. Go to Paypal and see what facilities are available with business account.
October 13th, 2009 at 12:48 pm
I verified my credit card in paypal a/c but now i am trying to send money the message is coming ” Sorry, your payment won’t go through. To make it work, you’ll need to add money to your account and pay with your PayPal balance”
Can u tell me how to add money in paypal a/c from the verified credit card
Please help me
thankyou
October 13th, 2009 at 8:57 pm
I think you can’t deposit money from credit card into your Paypal. US a/c holders can deposit from their bank account into Paypal. Use request money feature in Paypal to send request to your email. Then follow the link in the mail and pay by your credit card. I am not sure if it allows to deposit money from your credit card. But, there is a huge fee to deposit money from credit card and there is a limit on credit card transactions per year, I think around 5 transactions allowed.
October 19th, 2009 at 3:07 am
hi naveen,
i have my bank account in bank of baroda.can i withdraw money through paypal to my bank of baroda account?
October 19th, 2009 at 8:34 pm
Any bank that can support IFSC. Download the account and see your branch has the code.
October 20th, 2009 at 1:52 pm
hello,
pls clarify my doubt. i ve registered in paypal and i have added my bank account number and all the particulars. my question is can i transfer the amount to my bank account without linking and confirming the debit or credit card? is it possible?pls do reply to my mail id. my mail id is princeroy11@gmail.com
October 20th, 2009 at 3:28 pm
Hi Navin,
I withdrew 100 usd on 16th, im an unverified user and having account in corporation bank. Also i provided the IFSC. How long it normally takes to get credited to my bank account? Will paypal send any mails once the fund credited to bank?
October 21st, 2009 at 7:29 pm
It will not send any mails. It will take approx 5 working days.
October 21st, 2009 at 7:30 pm
I never tried that and have no idea. Proceed with just withdrawing 100 bucks and see. If it works, then you can withdraw full money.
November 11th, 2009 at 5:37 pm
hey naveen can you just tell me how can i put money in my paypal account so that i use to shop items from ebay usa? i have applied for a HDFC Debit card and will be using it.
November 14th, 2009 at 6:22 pm
I was wondering if I could use Paypal and successfully buy things online and receive money online without having it linked and having my credit card confirmed.
I don’t plan in sending money to my credit card I would just like to shop online, will Paypal still work and will I still be able to buy and receive money online?
November 15th, 2009 at 10:00 pm
You can with limitations.
November 15th, 2009 at 10:03 pm
You need to get funds from someone via Paypal or transferred from credit card.
December 2nd, 2009 at 4:06 pm
Can you tell me that if i opened my paypal account it will charge me if i will not use it?
December 3rd, 2009 at 7:20 am
No.
December 4th, 2009 at 11:45 am
My full name is KAVI ARASU but when i am trying to add my bank account for withdraw funds my first name goes last and last name comes firsr it means my name looks like this ARASU KAVI….it leads any problem for withdrawing funds?
Name comes reverse order……………
December 4th, 2009 at 10:53 pm
I think you might have entered name wrongly while registering. Try to ask the paypal support by mailing them. Log into your paypal account and click here to directly go to the contact page.
December 10th, 2009 at 11:03 pm
Hi Naveen,
I wanted to purchase goods from US based firm. They requested me to send money via paypal. But paypal does not allow “send money” transaction even though I have added and verified an international credit card. It says “Sorry, your payment won’t go through. To make it work, you’ll need to add money to your account and pay with your PayPal balance”
Any solution…,please help
December 10th, 2009 at 11:22 pm
Yes…you need to get funds into your account. You can fill it with the card that is not on the file. Just use your friends. Send a request money mail to your friend and ask him to pay the amount. Paypal accepts only 5 of such requests per year if you have basic free account. You can pay paypal bill using your credit card. Ask the company to send a money request to your email and you can pay money into their paypal account using your credit card.
December 28th, 2009 at 12:49 pm
Hi,
I want to ask that
1) Will paypal charged for my SBi YUVA Debit Card verification ?
2) On paypal Account they only asked for First Name and last name bu tin bank account it is First name Father’s Name Last Name will it cause problem while wihdrawning money ?
3) Whether Paypal is safe for all those transctions ?
4) Can i withdrawn my money in paypal account to my bank account without debit/credit card verification?
Please give me Guidance………………
Thanks !
February 27th, 2010 at 7:17 pm
Recent issues with PayPal withdrawals to Indian Banks & more over payments just randomly being reversed back to the senders will have a deep impact on PayPal’s reputation. It raises so many questions like (THIS MIGHT CONTAIN SPOILERS):
A) Should we trust PayPal in future?
ANS: ABSOLUTELY NO
B) Are they really concerned about our Money?
ANS: ABSOLUTELY NO, After a long period of two weeks we receive an apology letter stating that “We are sorry we goofed up opps!”? and stuff like “Your money just got sacked since this is nothing serious to us we are just doing a drill of playing a game with your hard earned money”?
C) Is RBI responsible for this?
ANS: UNQUESTIONABLY MAYBE, So, Question is why this is happening in India and nowhere else? Question is why we are being kept behind curtains and dark? Question is why Moneybookers and other Payment systems are working but PayPal is not? you just want to exclude the RBI out of this since they are least concerned with us. Everyone failed here! RBI off course you cant expect them to give you a comforting truth so a comforting lie should suffice you! And PayPal Ow man no shit a multinational company failing to inform and notify of an issue of this magnitude. That was an AWESOME combination of pure frustrating, destroying trust & spreading chaos.
D) So what does PayPal tell us now?
ANS: “We are sorry, but your valuable to us so please give us another opportunity to goof up and play some more engaging games with your money” and “We just love to make more profits by giving you a pathetic exchange rate”
D) What now?
ANS: DTA (Don’t Trust Anyone) Get your sleeves up against them and find your own ways to get paid over any other medium that serves better, communicates better and keep them in plenty. If one fails other should work out.
Ive let all my clients know about this issue and advised them (in advance unlike PayPal) to switch over to some other Payment system which is reliable, responsible and does the main thing “ACTION” at PAR. The truth will probably be dead and berried RIP about what happened because the shame and disgust they bring upon themselves is apocalyptic now.