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How do I transfer the refund to my bank account?
To send money to a bank using Paytm App you need to follow these steps:
- Open the Paytm App.
- Tap the Pay or Send icon.
- Tap the Send to Bank option.
- Enter the Name you want to give to this beneficiary.
- Enter the account number.
- Enter the IFSC code of the branch. You can get the IFSC code by tapping the Get IFSC and selecting your bank and branch.
- Enter the amount you want to send. Minimum amount should be Rs. 100
- You can also enter the reason for sending money, however this is optional.
- Tap Send.
Your money will be successfully transferred to the bank account. You can transfer upto Rs.25000(KYC) / Rs.20,000(Non KYC) in a calendar month. There is a fee of 3%. You will be clearly shown these charges before the bank transfer is processed.
This feature is not available on Paytm.com, kindly download Paytm App to use this feature.