Hey, are you want to transfer money from Phonepe to bank account then you are right place. Today in this article we are going to share how to transfer money from phonepe to bank account without charges. Before going to transfer money from phonepe wallet to bank account first you need to know what is UPI and how it works.
What is PhonePe
Phonepe is online payment system based on UPI (Unified Payment Interface). It is a new payment system for electronic fund transfer launched by National Corporation of India (NPCI).
It is Fin-Tech company and currently, the headquarter of this company is located in Banglore. This complete payment system is licensed by the Reserve Bank of India. That’s why this app is best and secure digital wallet to store and instantly transfer money in india. This app has more than 50 million downloads in india.
The best part of Unified Payment Interface is you don’t need debit card, credit card and one-time password for transfer money or store money in your wallet. Because of your bank account is directly connected to your wallet and make transaction instantly without wasting your time.
Transfer Money From PhoePe Wallet To Bank Account
Now you can easily transfer money from phonepe wallet to bank account without any charges. You simply need to follow below step by step process.
- The first step to open phonepe app and login with your credentials.
- Now simply go to My Account and click on Wallet Balance option.
- Here you can see two options like Topup and Withdrawal.
- Click on withdrawal option and drag the wallet icon to your bank account.
- Maximum limit to withdraw wallet balance is Rs. 5000 per transaction.
- Note: You can withdraw money to bank account at 0% charges
- That’s it you can successfully transfer money from phonepe to bank account.
Final Words:
I hope guys now you can easily transfer funds from phonepe wallet to bank account after reading this article. If you have any question about this article or in case if you facing any issue during transfer cash to bank then feel free to comment below. If you like this article then don’t forget to share with your friends. Thanks for visiting Express Tricks blog. Keep visiting for more interesting updates and latest technology news.
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