If you don’t want to pay fee for paytm to bank transfer then you are at right page. I will show you a cool trick by which you can easily transfer money from paytm to bank without charges. Now a days everyone uses paytm and sometimes it happens that we get so much money in paytm account that we can’t use. Paytm provides you option to transfer your money to your bank account by paying 5% bank charges. That’s is too much tax for users like us and we are here to provide you method to send money from paytm wallet to bank account at 0% charges.
In starting days when paytm was introduced they were not charging any fee from customers. After demonetisation paytm gained millions of new users as paytm was one that best way to send money to each other at that time. Lots of other applications like Google Pay, PhonePe, Bhim UPI introduced after that but paytm remain best of all. As paytm was in lead of all application they started looting money from their customers by various methods. Paytm introduced charges to transfer money from wallet to bank at 2% later increased to 4% and currently to 5%. Tax charges on money transfer to bank account from paytm wallet it very big issue. Specially when people have started using paytm to for recharges, paying at shop, bills and lots more.
Transfer Money Paytm Wallet to Bank Account without Charges
It has became a very big issue in today’s time so it needs to be solved. Well we will teach you to Transfer Paytm Money to Bank at 0% charges in this post. We will be using 100% legal method for this trick so you don’t have to worry about anything. You may find many other methods on google but they are illegal and may lead to paytm account ban & you will loose your money. By using our method Paytm Wallet to Bank account transfer becomes very easy.
As per new guideline of paytm which were revised on 1st September 5% charges are levied on your transaction. That means if you want to receive your own money from your paytm account to bank you have to pay 5% of your amount to paytm for their service. That’s is more than necessary but what can we do anything about it. Yes we will use trick to Transfer Money from Paytm Wallet to Bank Account without charges. If you are interested to know how then read this full article without missing any thing.
Paytm to Bank Transfer Process
Many users don’t know difference between between paytm wallet and paytm bank. Well if you transfer money from paytm bank to bank account its totally free. But is you transfer from paytm wallet to bank account then 5% fee is charges, its same for paytm wallet to paytm bank. Now coming to our main point paytm to bank transfer process, many new users face problems. Although money present in paytm wallet can be used for online payments, paying at shop, recharge, petrol stations, paying bills etc. Paytm is used widely for movies tickets booking and if you are movie lover you have surely used it. We you can Download Hotstar Videos on your Mobile by using method shared on our blog.
Sometime we receive a large sum of money in paytm account and which is more than what we use in this case we tranfer it to our bank. If you have money in paytm bank then you can send it to your bank account without any fee. Paytm bank works on UPI and its totally free. Money received in paytm via UPI is sent in paytm bank. We are talking about Paytm wallet to bank account which is different case. Lets discuss about paytm wallet to bank account transfer process. Well you can transfer money from paytm wallet to bank account with paytm application. Some users try to do it with paytm website but currently this service is only available for paytm application. Although you can add money in Paytm wallet through website and use it but you can’t transfer to bank account.
How to Transfer Paytm Wallet Money to Bank Account without Charges
In this section of our article we will share trick to transfer money from paytm wallet to bank without charges that is 5%. If you don’t want to pay 5% charges for paytm wallet to bank transfer then this article is for you. After government of India launched digital India initiative even small shops started accepting paytm. Now without wasting much time lets move ahead and discuss the process.
- First of all you have to signup for paytm merchant account by using button above.
- Now click on the Login button from top right corner.
- Fill your mobile number and password and enter the otp you received on your registered mobile number.
- Click on Get QR button on your screen and it will ask you to enter your PAN Card number.
- Enter all the details and click on the proceed button. You will receive your QR Code.
- That’s all. Now when ever someone send you money using QR code it will directly send the money to your bank account within 24 hours without any charges.
I hope you like our article to transfer money from paytm wallet to bank account without any charges. Well if you already have money in your wallet then send it your friend and ask him to send it back to you by scanning your QR code. This method is legal and working too. I personally use this method to receive money from my clients through paytm without paying any extra charges. Do share this post on facebook, whatsapp, twitter etc. with your friends and family. You may also like to check out many other interesting tutorials in How To section of our website.