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 :-)

[jaipur_mart]

Hi meenu,
Not yet recd this kind of message from paypal.But if so, this should be welcome.
However, isn't it again like sending money to yourself like xoom.
Ram

[skygiftworldwide]

Hi Meenu,

It's indeed a great news. I too checked my PayPal account and it is there. This has solved all our troubles of withdrawing funds from PayPal. Now it only depends on the Forex rates of PayPal. We have to check it before withdrawing.

[cochinmall]

Hello Friends.

I just had one doubt.Currently,paypal doesnt have transaction done with indian rupees right? Because there are option for transfer in USD,Euro,Japan yen,etc, didnt mean the conversion though.

Regards
Rahul
cochinmall

[indianherbalsandhenna]

any body of you know what is iFSC code then please let me know also

[emailswarup]

Hi,

Excellent news. This will remove the main operation hurdle to receive thru PayPal for small Indian users like me. :^O .
Best Regards 😄
Swarup
Kolkata

[jewels.exports]

OK ..I AM HAAAAPPPPYYY...I cant get more easier for us to grap amount from PAYPAL....Thnx for the news!!

[jaipur_fashions]

Hi jaipur_mart
You can check out this feature on the withdrawl page of the website.

And this is certainly different from Xoom, its afterall free of cost for transactions above INR 7000 . Xoom on the other hand charges US$ 40 . 🙂

Cheers
Meenu

[raymahasay]

Hi!
Sounds GREAT!!

Shriparna. Shriparna

[jaipur_fashions]

Hi punjabimall

IFSC Code is an eleven digit alphanumeric code number that helps in uniquely identifying a branch of any given bank in any given city.

IFSC Code can be obtained from the cheque book. It is an eleven digit alphanumeric code appearing on the cheque book, generally above the serial number of the cheque. or you can easily get it through Phone Banking.

Hope this helps. 🙂

Regards
Meenu