There are many Indians who are reluctant to use Paypal as they have problem getting the real cash from their Paypal account. I recently got all my Paypal money transferred to my account Axis Bank Account using this feature in just 4 days time. I got good conversion rate too. You need to set up your bank account details for this. You will also need the IFSC code of your bank which you can find on the cheque book of your account.

First you need to go to your PayPal account

Once you login, you will see the link “Withdraw” Just click that and go to the next page

In the image shown below, just click on the “Withdraw funds to your bank acount”

Enter the Amount that you want to withdraw and select the bank account. I have a bank account already selected so I see a drop down list which I can select from or I can add a new account

For adding a new account, just select the bank. The banks which are accepted for this are

State bank of India

Axis Bank

Citibank

Union Bank of India

HDFC Bank

Canara Bank

ICICI Bank

Standard Charted Bank

HBSC BankYou need to enter your account number and the IFSC code of your bank, which you can find on the check leaf or you can get it from you bank

Thats it, in next 4-7 days, the money is in your bank

This is real money business. If you do not have a Paypal Account, just sign-up for a free account

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