Thanks a ton to Ebay team, specially Jinesh and Navin.
I received the payment from Pay Pal to my account safely.
Still any of the seller who wish to withdraw their payments from Pay Pal urgently can use www.xoom.com , which is 100% valid in India.
You can receive direct cash payments through Punjab National Bank , or receive a check from Xoom.com .
The cheques are payable at par and are delivered to you securely through Blue Dart.
You can even opt for direct deposit of the payment to your bank account from Xoom.com .
Overall I personally thank Ebay and Pay Pal team for the help and support in this situation.
Kind Regards
Sunil
Ishqq