How to add bank account in India to PayPal?

If you already have PayPal account you can add your bank account directly to withdraw money from PayPal to Bank and vice versa to add fund to your PayPal now.

The safety and security of your bank account information is protected by PayPal. They will never reveal your financial information, and PayPal will notify you by email whenever you initiate a transaction with your bank account.


How to setup new bank account?

Step 1

Log in to your PayPal account and go to 'Profile' menu and click the 'Add or Edit Bank Account' link.

Step 2

* Fill in your bank account details
* Click the "Continue" tab

Important Note: - The IFSC (The Indian Financial System Code) is 11 digit long, first 4 are alphabet, last 7 are numeric - The IFSC code is NOT the SWIFT or the MICR code. If you use your SWIFT or MICR code you will NOT get your payment.

There are 2 ways to get your IFSC code:

1. Call your bank branch
2. Log onto http://www.rbi.org.in/scripts/neft.aspx
3. Locate your bank branch

You can also find IFSC code for Indian banks here

Please note if your bank branch is not listed, it is not one of the eligible banks for withdrawal at this time.

Step 3

* Review the details for the new bank account
* Click the "Add Bank Account" tab if all the details are correct

Step 4

* Congratulations, your bank account is added and is ready for withdrawal of funds from your PayPal account.
* You would receive a confirmation mail
* Click on the "Withdraw PayPal funds to my bank account" link to withdraw funds.