Question: How Can I Transfer Money From Paytm Back To Bank Account?

Can I transfer Paytm cashback to bank account?

Any cashback which a user receives on their Paytm account gets converted into Paytm cash, and when this happens, then that amount would be locked inside your Paytm app.

Hence, that amount can’t be transferred to your bank account nor transferred to any friend so that you can convert it into hard cash..

How can I refund my money from Paytm?

You can do this by tapping on the respective recharge in the ‘My Orders’ option of ‘Profile’ in the Paytm app. Upon cancellation, you will get the full refund within 24 hrs in your Paytm wallet. You can also take the refund amount easily to your your source bank/ card by going in Passbook on your Paytm app.

What is the maximum amount that can be transferred through Paytm?

Every Paytm users can transfer up to Rs. 5,000 at a time, with 25,000 per month the limit. If you are a merchant, you can transfer up to Rs. 50,000; with the limit going up to Rs.

Can we transfer money from Paytm to Google pay?

Open your Paytm app and follow the steps mentioned below to transfer money from Paytm to Google Pay account. Tap on UPI Money Transfer located on the top bar. Type the UPI ID of the recipient Google Pay account, which can be found on Google Pay app’s home screen, just below the account user’s name.

How can I get free cashback on Paytm?

Use the Daily Cash app to avail free Paytm Cash by taking up surveys, sharing the referral code on social media, watching videos and completing other tasks. Gather enough points to redeem Paytm cash prizes. You can even watch ads on Daily Cash to earn money. The redeemed money can be sent directly to your bank account.

How can I get 50 cashback on Paytm?

Visit paytm.com/recharge or Click here from app to avail the offer. Enter your details. Enter Coupon Code at the time of recharge.

Why money is not transfer from Paytm to bank?

Both the sender and the receiver needs to complete their KYC (Know Your Customer). In case, any one of the parties have not completed their KYC, the transaction would not happen. Despite having completed the KYC process, to send an amount higher than Rs.

Does Paytm really give cash back?

Paytm has announced a new cashback offer to promote its recently launched Bank transfers feature. The company is giving a cashback of up to Rs 100 on using the Bank Transfers feature in the app. … There’s Rs 30 cashback if do your mobile recharge or pay for any utility bill using Paytm Bhim UPI.

What can I do with Paytm cashback?

Use promocode: P50Download the Paytm App.Sign up, then proceed to recharge/pay your bill.On the payment page, check the “I have Promocode” box, enter the Promo code P50, click on Apply.Now proceed to pay for your order. … Your cashback will come into your account within an hour of your order.More items…

How much does Paytm charge for bank transfer?

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. This convenience fee is levied to cover the costs incurred by Paytm at the time of adding money to your Paytm wallet.

Why did Paytm stop cashback?

The cashback offer was up to a maximum 35%, but Paytm Mall stopped giving cashback from December 2 as it wanted to be margin-neutral,” said one of the largest grocery sellers on Paytm Mall. “If they don’t make money, they don’t want to lose money either.