Bank Transfer

Enjoy Instant, Safe & Secure Money Transfer with Paytm

Ever wondered if there was a better way to transfer money? Get rid of lengthy process of account number & IFSC additions, waiting for beneficiary activation, transaction getting delayed as NEFT transactions are processed in a fixed slot. Here is Paytm UPI for you to forget Net-banking and do all your bank transfers in the safest and easiest way possible. Money transfer has never been more easy & convenient.

Now transfer money from your bank account to any bank account using Paytm app. You can check balance, transfer money to your friends & family, request money securely on Paytm. Money transfer on Paytm is powered by BHIM UPI, a revolutionary technology which enables payment to your bank account directly using mobile number only. Now, you can transfer money only using UPI address apart from usual “Account Number & IFSC” based money transfer.

All you need to do is link your bank account on Paytm and setup your MPIN. Your MPIN is a 4 or 6 digit passcode, stored securely with NPCI (National Payments Corporation of India). Your account details and MPIN is safe with NPCI and is authenticated with secure servers whenever money is deducted from your account using Paytm UPI.

Here is why you should forget Netbanking forever and adopt Paytm’s “Bank Transfer” feature powered by BHIM UPI -

Money Transfer using Paytm BHIM UPIMoney Transfer using Net Banking
  1. Link your Bank account
  2. Enter Beneficiary details ( Bank a/c + IFSC or UPI address)
  3. Enter amount & confirm
  4. Enter your secure MPIN to authenticate
  5. Transaction processed in real-time. Beneficiary gets money instantly.

Wow, you saved a lot of hassle & time.

  1. Login to net banking with username & password
  2. Add Beneficiary Details (Bank account & IFSC). Did you got stuck finding IFSC?
  3. Wait for 30 mins to 24 hour for beneficiary activation
  4. Login to your NetBanking again
  5. Choose Beneficiary & Enter Amount
  6. Wait for an OTP to be delivered on your phone
  7. OTP not delivered? Yeah, we have been there too.
  8. If OTP gets delivered, enter OTP to authenticate transaction
  9. If you are using NEFT and NEFT window has closed, transaction will be processed later.

Your bank account should be linked to your mobile number & you must be logged-in to Paytm with that mobile number. Follow below steps to access “Bank Transfer” on Paytm -

  1. On the home screen, click “Bank Transfer” icon on the blue strip on top
  2. Choose your Bank which has account linked to your Paytm registered mobile number
  3. After few seconds, all your accounts with that Bank account is shown on-screen
  4. Click one of the accounts and wait for few seconds till your account is linked
  5. Now, you need to setup your secure MPIN for transaction authentication
  6. You can repeat above steps to link all your Bank accounts to Paytm
Download Paytm app for your phone now

1

Open the Paytm App & Tap on ‘Bank Transfer’ Icon

Paytm app is faster to load and easy to use. Transfer money instantly, 24x7 upto 1 lakh/day.
2

Link your bank account with Paytm

Choose the bank with registered mobile number as your Paytm Number. We support all major banks.
3

Account link Successful

Set your MPIN using your debit card. Now you can check balance of your linked account any time. You can view your Virtual Payment Address and bank accounts from ‘My Profile’ section.
4

Enter the Details of the A/C Holder

Enter details of the account holder i.e., name, account number and IFSC code. Avail the benefits of Cashback offers on money transfer using UPI.
5

Fill in the Amount to Be Transferred

Fill in the amount you want to transfer and you also have the option to ‘add message’ with the money transfer.
6

A ‘Transaction Successful’ Message Will Reflect on the Screen

Get instant confirmation of your transaction status.
Safe & Secure Transactions All financial transactions are 100% safe and secure on Paytm. We do round the clock real-time monitoring to intercept suspicious transactions and ensure that your money is always safe & secure.