October 30th in General by pbu .

Paypal NOW allows Direct Withdrawal to Indian Banks

What a cheering news!

Just logged to my paypal account and i see withdrawal to Indian banks option there.

Paypal is doing a great great job, first VISA credit card withdrawal and now allows direct withdrawal to Indian bank account.

Official Paypal Updated page: click here

Paypal Charges:

Free
for 7,000.00 INR or more

50.00 INR
for 6,999.99 INR or less

Banks in India
5-7 Business Days

Paypal also asks for IFSC code for Indian banks.

To find the IFSC code you can either call your bank or You can find list of IFSC codes for Indian banks published by RBI here: click here