Draw money from your PAYPAL account to your Indian bank account

Did you know that you can withdraw payments to your paypal account to your bank account in India? Steps to add your Indian bank account to your PayPal account in order to conveniently withdraw your money. Login to your PayPal account. Click the 'Profile' subtab on the Account Overview page. Click the 'Bank Accounts' link in the Financial Information column. Click Add. Fill out the Add Bank Account form. Click 'Add Bank Account'. You are now able to withdraw funds from your PayPal account to this bank account. Banks covered: State Bank of India , Bank of India, Canara Bank, Union Bank of India, HDFC Bank, ICICI Bank, ING VYSYA Bank, UTI Bank, Standard Chartered Bank, HSBC, Citibank are the participating banks. It takes 5-7 business days,for funds to reach your,bank,but may take more time, depending on your bank's policies. Minimum or maximum withdrawal amounts: There are no minimum withdrawal amounts or maximum withdrawal amounts. However, a non-verified PayPal members can only withdraw US$500 per month. Learn more about verification The functionality to withdraw your PayPal balance to a US bank account is still available. For withdrawal amounts of more than 7,000 Rupees are free. For withdrawal amounts of less then 7,000 Rupees, there will be a fee of 50 Rupees. Your bank may charge a fee for electronic funds transfers. Please ask your bank whether it charges for electronic fund transfers before you initiate a withdrawal.