Paytm noney refund to bank

Image source: Google|Paytm blog

Now Paytm is one of the most widely accepted wallet and also UPI transaction accepted in india. Paytm provide lots of features like movie, ticket and lot more. But now a days people suffer by extra effort to require money transfer from Paytm wallet to bank account. But, now latest update of Paytm here we solve these problems stay tune.

First of all you need aware to added bank account and KYC documents link addhar card and other document according to RBI latest guidelines. Then you can use these feature.

Now, follow these steps:-

1. Open your Paytm app
2. Login to your Paytm account
3. Now go to the profile settings

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4. Go to the payment settings option.

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5. Click Saved payment details option

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6. In the saved payment detail option you          can see in the bottom

7. Turn on Add money refund to source

Once you complete these steps, you will be able to receive money directly to bank account. Although, Paytm charges 3% processing fee while sending to an bank account.

Before, these steps you add your bank account to paytm. First you go to Accept money in the profile setting then click the Add bank account. You will be enter your bank account number, IFSC code, and Name of bank after fillup these step you have the OTP in your mobile fillup the submit. After then you will avail for this service.