PAYPAL INTRODUCES NEW FEATURE :WITHDRAW FUNDS DIRECTLY IN UR INDIA BANK ACC

[jaipur_fashions]

Hi Guys

Just logged in PayPal and saw that we can now withdraw funds to our Indian Bank account. It includes all major banks like Citibank, HDFC, HSBC, ICICI, SBI, BOI, Stan. Chart. etc.

The most exciting part of the feature is the COST :
Free
for 7,000.00 INR or more

50.00 INR
for 6,999.99 INR or less .

And the processing time is just 5-7 Business days.

It only asks for the IFSC Code and the bank account number and you're done ! 🙂

Isnt it a great news for all PayPal users ?? I am glad and thankful to PayPal.

Cheers
Meenu :-)

[amitava123gems]

Hi Navaneeth,
I got 2 a/c s with SBI and both are core banking enabled.But PaisaPay says they are not in the NEFT list.
So I had to update New PaisaPay with my ICICI account.
Now I hear this ICICI refuses PayPal.
What if it rejects PaisaPay?
I dont know where PaisaPay is pushing me into.
I have not yet updated my PayPal a/c.
I feel that I am in for big big trouble.
Thanx,
Truly,
Amitava

[d.momaya]

I recently tried to withdraw money into my ICICI savings account from PayPal and the bank reversed it. What's more, I lost $50 in the process for I don't know what. Who should be blamed for this? ICICI or PayPal? Any help is appreciated.


Thanks in advance.

[d.momaya]

I recently tried to withdraw money into my ICICI savings account from PayPal and the bank reversed it. What's more, I lost $50 in the process for I don't know what. Who should be blamed for this? ICICI or PayPal? Any help is appreciated.


Thanks in advance.

[jaipur_mart]

Hi friends,
I tried to withdraw money into my Unoin bank of India savings account from PayPal and the bank reversed it. I also lost Rs 250 as cancellation fee in the process.
Please help me some body.
Thanks and Regards
Ram krishan

[lidia_9]

Hello jaipur_mart ,
I'm really very hurt to know that you have lost money just for withdrawal from Paypal. But I had transferred money 5 times to my Bank A/C even two separate banks. But it's take 3-5 days only. Please check carefully that Your Registration Name with Paypal & Bank A/C Holder Name are same? Because Paypal Transfer money to same name Bank A/C by which you registered with Paypal.
With Best Regards,
Subrata

[jaipur_mart]

Thank you Subrata .
I checked the name and that is same in bank and in my paypal profile.
I am sending a mail to paypal for clerifying the matter.
Regards
Ram krishan