How Can I Transfer Paytm Wallet Money Without Fees?

Is Paytm bank free?

We are proud to bring you Paytm Payments Bank — India’s first bank with zero charges on online transactions, no minimum balance requirement and free virtual debit card.

The Paytm Payments Bank will bring a new banking model to the world where an account holder’s money will be absolutely safe..

How can I get cash from Paytm wallet?

Log into your Paytm account and click on ‘Paytm Wallet’ icon towards the top right of the page. Enter the amount you want to add and click on ‘Add Money’ You can choose to add money via Credit/Debit card, Net Banking or UPI. You will be redirected to a secure payment page where you need to provide payment details.

Which wallet to bank transfer is free?

Charges for Oxigen WalletServicesChargesFull KYC WalletWallet to Wallet ( W2W)FreeWallet to Bank Account ( W2A)For customers, 2% of transaction amount. (Minimum Rs.5)Wallet to Non-WalletFree13 more rows

How can I transfer money from wallet to bank account without fees?

Steps to Send Paytm Money to Bank AccountOpen the Paytm app.Tap on ‘Passbook’.Select ‘Paytm Wallet’.Select ‘Send Money To Bank’.Tap ‘Transfer’.Enter the amount & bank details (Account No. IFSC code etc.).Confirm the transfer.Money is transferred successfully.

How much does Paytm charge for UPI transfer?

Right now there are no charges associated with either setting up an account with Paytm UPI or using Paytm UPI for money transfer to any other bank account or payments to merchants. NPCI has indicated that it will charge Rs. 0.50 per transaction. Paytm is not charging the users right now.

What is the best app for transferring money?

The Best Apps to Transfer MoneyPayPal. PayPal has long been the industry standard for Internet banking. … Venmo. Venmo is becoming well known, enough so that the phrase “Venmo me” is popping up on a regular basis. … Google Wallet. … Square Cash. … Chase QuickPay. … Bank of America. … ClearXchange. … Western Union.

How can I transfer money from Paytm wallet to bank account?

Open the Paytm App & Tap on. ‘Bank Transfer’ Icon. … Link your bank account with Paytm. Choose the bank with registered mobile number as your Paytm Number. … Account link Successful. … Enter the Details of the A/C Holder. … Fill in the Amount to Be Transferred. … A ‘Transaction Successful’ Message Will Reflect on the Screen.

How can I send money without charges?

IMPS fund transfer without any transaction feesDownload and install State Bank Buddy app on your iOS or Android device.Launch the app and register / log in to your Buddy Account.Once logged in, tap on Add Money.Enter the amount you want to transfer and choose the Net Banking or Debit Card option.More items…

Why is Paytm charging for bank transfer?

The 2% charge is passed on to customers, who use credit cards for adding funds to their wallet. … At that time, Paytm had said the fee was aimed at curbing misuse of its platform to transfer interest-free credit card funds to bank accounts of users at zero transaction cost.

Can I withdraw money from Paytm wallet?

In order to transfer money from your Paytm wallet to a bank account, you need the name, account number, and IFSC code of the bank account holder. However, there is a Rs. 20,000 limit on transactions (Rs. … 50,000 in a single transaction.

Which wallet is best for bank transfer?

With the launch of UPI it has become even more easier, as the the transfer happens directly from the bank account rather than from a wallet….Google Pay (formerly known as Tez) … PayTM. … Dhani. … BHIM Axis Pay. … PhonePe (now part of Flipkart) … Mobikwik. … Yono by SBI. … ICICI Pockets.More items…•

Is there any charge for transferring money from Paytm to bank account?

Paytm offers you a platform to pay or transfer money through different modes of payment. While money transfers from one bank account to another are free of cost, there is a 5% convenience fee for transferring money from your Paytm wallet to a bank account. … Hence, Paytm wallet to bank transfers are chargeable at 5%.

Can we transfer money from Paytm to Google pay?

10,000 a month to another user. We have made this process extremely simple and convenient. Update your Paytm app from the Google Play Store or Apple Store. To send money to other user’s wallet, add their Mobile Number.

How can I send money internationally without a fee?

How to Transfer Money Overseas Without FeesCreate an account with OFX to get a live quote on the exchange rate.Enter your bank details and those of your recipient.Lock in your single transfer, or set up recurring transfers.Send OFX your funds and track your money every step of the way.

Is Paytm safe for money transfer?

Completely. Paytm is PCI DSS compliant in terms of security. … All financial transactions on Paytm are done with 128-bit encryption SSL security. We also engage in real time monitoring and transaction engine to weed out suspicious transactions and ensure the customer’s money is always secure.