What is Paytm:
Paytm is India’s largest free online money transfering company. This company founded on 2010. In 2019, they have a user base of more than 350 millions.
Why do we need to transfer money from Paytm to bank account:
I think this is not mandatory to transfer money from your Paytm wallet to bank account. Because you can also pay everyone through your Paytm wallet.
But you can not use your phone pe wallet money to most of the uses.
I have already made a blog post on that topic. Read this- How To transfer money from phone pe to bank account.
How To Transfer Money From Paytm to Bank Account
Are you using the Paytm app and want to transfer money from your Paytm wallet to bank account?
If you, you have landed on the right page on the internet because, in this blog post, I am gonna share with you How To Transfer Money From Paytm to Bank Account.
Transfer Money From Paytm To Bank Account:
To transfer money from your Paytm wallet to bank account, you have to follow these steps
First, you need to download the Paytm app
Now open the Paytm app
Send Money To Own Account:
If you want to send money to your own account then follow this step
On the front page. Click on ‘Send money to anyone’
Then you will redirect to a new page. Here you have to select ‘To Your Own Account’
Now you have to add your bank account to Paytm. Make sure that a mobile added to your account. If any number not linked your account then go to your nearest branch and add a number.
After adding a bank, you can easily transfer your amount.
Transfer Money To Any Bank Account:
If you want to transfer money to any bank, then follow the below steps
After clicking on ‘Send Money To Anyone’, you have to select ‘To a Bank Account’.
Make sure that, you have the below details
Bank Account Number/UPI Id
Bank Holder Name
Now you have successfully sent money to the bank account
Is there any risk?
There is not risk to transfer money from Paytm to bank account.