Paypal – Transfer fund to Bank Account

Electronic trasnfer of fund to banks in india become easy. Just create the Paypal account be sure the user name should the same as per the bank account name. Go the Paypal login, you will find the policy undate in notification menu in rightside

Click the policy update you will find the menu My Account à Profile -> Add Bank Account. You will be ask to fill the Bank Account holder name, Bank Name, Account Number and most importat on is NEFT / IFSC code, after the add account processing Paypal will send the email for account verification will small amount credit to account. See below the table of amount credit by Paypal

Number of transactions 2
Date (Value Date)	Narration	Ref/Cheque No.	Debit	Credit	Balance
08-Jun-2011 (08-Jun-2011)	BY TRANSFER NEFT DEUT0784BBY110608004GN02425PAYPAL PRIVATE LIM	TRANSFER FROM 3197727044304		1.10	520.10
08-Jun-2011 (08-Jun-2011)	BY TRANSFER NEFT DEUT0784BBY110608004GN02391PAYPAL PRIVATE LIM	TRANSFER FROM 99511044307		1.12	521.22

Enter the credit amount in Paypal verification menu, you will get confirmation by mail as

Your PayPal account is Verified and your sending limits were removed

10-Jun-2011 08:10:10 GMT+05:30

Dear Mr

Your State Bank of India bank account x-xx12 was confirmed and your sending limits were removed.

Your PayPal account is Verified

Now enjoy the with drawing Paypal to your bank account easily transaction take 2-3 days conversion price done by Paypai at market price of the day.