How to Transfer Paytm Wallet Balance to Bank, Paytm money transfer without KYC, Paytm wallet to bank without charges, Paytm BC Agent: We all use Paytm wallet to recharge, money transfer, bill payment etc. But sometimes this super helpful Paytm wallet can become a big headache when you can’t transfer your Paytm wallet balance to your bank account. First thing you have to complete full KYC to transfer money, after that they will charge some fees to transfer Paytm wallet balance to bank.
Keep reading this post, I will explain how you can transfer your Paytm wallet balance to bank account without any charges. Even if you don’t have full KYC you can transfer your balance to your bank account.
Official Method:
If you have a full KYC verified Paytm account you can easily transfer any wallet balance to bank account with official methods but it will charge 4 to 5% on your total balance. Let’s check the official method of Paytm money transfer
1. Open Paytm app and go to the wallet section
2. Now click on main balance and you will redirect to next menu
3. Now click Send Money to Bank Account option and you have to fill the total amount that you want to transfer. You can see full amount you have to pay including fees.
4. Now click on Proceed button and fill your bank information
5. Your money will be credited within 24 hours
If you want to Become Paytm BC Agent – Click Here
Mini-KYC Method:
If you have a Mini-KYC Paytm account then it will be a little hard to transfer your money. Even Paytm doesn’t let their mini-KYC users transfer wallet to wallet. But there are many ways you can transfer.
1. Transfer balance to merchant account:
you can create a Paytm merchant account any time and receive Paytm wallet balance from any accounts even mini-KYC. You can watch Paytm merchant account making video given below.
2. Scan QR Code and Pay Via Wallet
if you make a Paytm merchant account you will get a QR code where anyone can pay you using UPI and Wallet and the money will be sent directly to your linked bank account. You can try this thing with mini-KYC accounts and send wallet balance to bank just one click.
3. Paying online merchants:
if any of these steps doesn’t worked for you then you can try paying to online merchants using your wallet balance. Many gaming apps support Paytm wallet payments to add money and you can play some games and win and all wining balance will be transfer to a bank account or another full-KYC account very easily.
Send Paytm Wallet Balance to Bank Account without charges
If you want to send Paytm wallet balance to the bank account without any charges then you can follow these methods.
1. Sending Wallet balance to Full verified Merchants
If someone has a fully verified Paytm merchant account then you can send wallet balance to that merchant and the money will be credited directly to the bank account. You can make a fully verified merchant account for yourself also but you need to verify your business.
2. Become a Paytm BC Agent
You can become a Paytm BC agent and receive other’s payments without any charges directly to the bank account. To become a Paytm BC agent you can Follow these steps.
3. Dealing with local shops
You can visit any of your local shop who accept Paytm and request for money transfer. It can be less costly than typical Paytm charges.
4. Play Online Games and Win
If you have free time and want to play some games there are lists of apps and games who support Paytm to add money and you can withdraw money to your bank account when you won.
5. Doing Recharge and Bill Payments
If any method does not work for you there is only one way left. In this method, you not only withdrawing your Paytm Balance also you are helping others. Let me explain, You can do recharges and Bill Payments to other family members for neighbors and all your Paytm wallet balance will be converted to cash.
You can watch this video
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