Hi indian online earners....

@abhaijith (2964)
India
October 14, 2009 12:45am CST
Hi Indian online money earners, to which bank are you used to withdraw money from paypal?
1 person likes this
11 responses
• India
14 Oct 09
I withdraw my paypal money to HDFC bank. I received it yesterday and I had requested it on 8th October. It was my first withdrawal from paypal to bank. I had some 60$ which I withdrew and they converted it to nearly 2750 Rs minus 50 Rs charge as the amount was less than 7000 Rs. I have an unverified paypal account so I was doubtful whether I will get it but I got it in the end. It takes 5 to 7 days for the transfer to take place from paypal to bank. It is also mentioned in paypal site. I got the money in bank in about 5 days.
@abhaijith (2964)
• India
15 Oct 09
Thanks a lot for sharing friend.so it always take 6-7 days to be credited in the bank account.
@abhaijith (2964)
• India
15 Oct 09
Thanks a lot for sharing friend.so it always take 6-7 days to be credited in the bank account.
• India
15 Oct 09
Hi to all responers for this discussion, I am from south India,let me know from which sites your are earning money and withdraw through paypal? please help me indians...
• India
15 Oct 09
If you want to know the sites then visit my blog: onlinemoney-ak85.blogspot.com. Nearly all the sites listed there pay through paypal.
@vandana7 (66160)
• India
14 Oct 09
Hi abhaijith, u asked the question I wanted to ask. :) Thanks. :)
@abhaijith (2964)
• India
14 Oct 09
Hi Vandana, hope you got the solution from here. Happy Mylotting..Thank you.
@ank_47 (1963)
• India
14 Oct 09
hi abhaijith,i am using canara bank for my online earnings. i didn;t get verified paypal account,but i have given ifsc number of my carana bank in my paypal withdraw page once and so i am getting the amount from paypal within 5-7 days after i request money by 'withdraw' in that paypal account. and now my bank ifsc number is stored with them and they show in hidden number like our password.i have withdrawn money two times from paypal to my bank account . there are 3 ways to get amount from paypal .we can withdraw amount from paypal ,by cheque,or request to send our money to our bank account ,or u can withdraw to ur card.but i don't know much other 2 options i have told above,but i am using my bank account to get the amount from online sites. if u have any more doubts u can ask me.
@abhaijith (2964)
• India
14 Oct 09
After a long time, am near to my first payout from Mylot. I would like to withdraw the money on reaching the payout amount itself. So i started this discussion to know the banks in India through which we can withdraw money from Mylot.oh.. I see. Thanks a lot for the information sir.
@Wordlinx (507)
• India
14 Oct 09
Though I am having nearly $300.00 in my Paypal account, I am waiting for my paypal account to be verified. I am not able to verify my account, as the debit card of mine is not accepted by the Paypal. As I am not sure of the procedure of the withdrawal from unverified account, I have not made any withdrawal so far. But from some other members response, we can get our money by wire transfer even if our account is unverified.As I have more than Rs.7000, also there will not be any fee ,it seems. Thanks for starting this discussion, I also wanted to know this detail.
@abhaijith (2964)
• India
14 Oct 09
Thank you for sharing friend. You can see the transaction limitations of an unverified paypal account in your paypal pages itself. I think its around 3000$ at a time.
@neelimaravi (1794)
• India
14 Oct 09
still i am not earned enough money, when i got that money, i use to withdraw money from paypal through my central bank or i have account in citibank also. will think, there is lot of time to get that. thankyou, have a nice day.
@abhaijith (2964)
• India
14 Oct 09
Hi Neelima, thank you for sharing.
@daliaj (5689)
• India
14 Oct 09
I have saved all the money in Paypal till now. I am planning to withdraw the money next month. I have an ICICI bank account which I think I will use to withdraw the money. Is there anybody who transfered the money to ICICI? How long will it take the money to be credited? It seems it works fine with nationalized banks. I don't have a State Bank account. Please help. I do have an HDFC account, but I don't have a debit card with it.
@abhaijith (2964)
• India
14 Oct 09
Thank you for sharing friend.Sorry friend am new in this world of online money,have no experience,and as am just reaching the first payout now, i started this discussion to know to which which indian banks that we can withdraw money from paypal. Hope you will get the solution for your doubts soon. Happy Mylotting.
@Newpal (154)
• India
14 Oct 09
I withdraw my Paypal money to my State Bank of India account.It takes 5 to 6 days and the money is in my account.I have never tried to use my paypal money at ebay.
@abhaijith (2964)
• India
14 Oct 09
Five to Six days after the withdrawal.Ok Thank you for sharing and the information.
• India
14 Oct 09
I am using my State Bank of India S/B account is used for bringing the paypal money to India. I only once made such a withdrawal. I requested paypal to withdraw Rs. 500/- which is equivalent to $11 at that time. I withdrew this money as an experiment. Being my paypal account is 'Unverified', paypal send the money through wire transfer. They charged $1 as a fee for sending. If the withdrawal amount is greater than Rs. 7000/- there is no such fee. It is great.Isn't so?
@abhaijith (2964)
• India
14 Oct 09
How long will it take to reach money in your SBI account?oh.. I see. So for unverified members there will be such taxes.ok friend thank you for the information. Yeah, thats really great, its better to withdraw after reaching 7000/-.
@biman_s (1061)
• India
14 Oct 09
I don't usually withdraw money from Pay Pal to my bank. I use it to purchase items from ebay and other online stores. Its the best way for me to maintain a profit. I do have a HSBC bank account to help me with whenever needed.
@abhaijith (2964)
• India
14 Oct 09
Ok friend.Thats fine. While purchasing from ebay,will there be any transportation charge that we have to pay?or only the price of the product?
@love_all (308)
• India
14 Oct 09
till now i used to use HDFc but will be using icici from next time...
@abhaijith (2964)
• India
14 Oct 09
Thanks for sharing my friend. How much time will it take to the account to be credited in HDFC bank,after the withdrawal from Paypal?