PayPal Auto Withdrawal For Indian Users
Your PayPal balance will auto withdrawn to your local bank account in India daily.
For your information below are some of the FAQ which you might want to know about PayPal Auto Withdrawal for Indian Users.
What is auto withdrawal?
Auto withdrawal is the process of automatically transferring your funds from your PayPal account into your bank account in India.
Auto withdrawal is the process of automatically transferring your funds from your PayPal account into your bank account in India.
Where will my funds be auto withdrawn to?
Your PayPal balance will be auto withdrawn to your bank account in India. If you have one bank account added to your PayPal account, it will be set as your auto withdrawal account. In case you have more than one bank account added to your PayPal account, you will have an option to set your auto withdrawal account.
Your PayPal balance will be auto withdrawn to your bank account in India. If you have one bank account added to your PayPal account, it will be set as your auto withdrawal account. In case you have more than one bank account added to your PayPal account, you will have an option to set your auto withdrawal account.
Why are my funds being auto withdrawn?
This is an Indian regulatory requirement and applies to all PayPal users in India.
This is an Indian regulatory requirement and applies to all PayPal users in India.
When does auto withdrawal happen?
Your PayPal balance is auto withdrawn to your local bank account in India daily. You can check your bank account within 5-7 working days after your funds have been auto withdrawn from your PayPal account.
Your PayPal balance is auto withdrawn to your local bank account in India daily. You can check your bank account within 5-7 working days after your funds have been auto withdrawn from your PayPal account.
Can I withdraw my funds?
You can also withdraw your funds. Here’s how:
You can also withdraw your funds. Here’s how:
- Log in to your PayPal account and click Withdraw at the top of the page.
Select the bank account you want to use. - Enter the amount and click Continue.
- Select your purpose code for withdrawals.
- Make sure that your information is correct and click Continue
Can I use my PayPal balance?
When you receive payments and it is available as balance in your PayPal account, you must withdraw your funds or let withdrawals happen automatically. In accordance with Indian regulations, you can’t make purchases or send payments with your PayPal balance. Please use your card linked to your PayPal account to make purchases or send payments.
When you receive payments and it is available as balance in your PayPal account, you must withdraw your funds or let withdrawals happen automatically. In accordance with Indian regulations, you can’t make purchases or send payments with your PayPal balance. Please use your card linked to your PayPal account to make purchases or send payments.
Type of withdrawal PayPal fee
Auto withdrawals made to your bank account in India None*
Withdrawals that you make to your bank account in India None*
Auto withdrawals made to your bank account in India None*
Withdrawals that you make to your bank account in India None*
Note: *If foreign exchange or currency conversion is required to complete any transaction, this will be performed by a licensed financial institution. The foreign exchange rate is adjusted periodically on a daily basis to reflect market conditions and includes a 2.5% processing fee which is retained by PayPal. The exact exchange rate that applies to your transaction will be displayed to you at the time of the transaction.
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