Atlast – atlast Paypal now paying to Indian Bank Accounts ( A few selected Indian Banks ). They 1st started the process by enabling payment to Visa Indian credit card few days back. From now on, you can add your bank account too to withdraw the fund from Paypal. New era has come to Indian Internet Economy you can say !!! A lot of freelancer and sellers thought of taking paypal payment but as it was not having any option before, they sort of ignored or few of them used Xoom Service to cash paypal which is illegal as per RBI rules.
Now you can withdraw your money directly to your bank. It saves you time and gives you faster access to your PayPal funds! Plus, there is no charge to withdrawal amounts over INR 7000*. So, go ahead and add your bank account today!
For adding bank account, you need IFSC code and account number of those bank’s branch, I compiled a list of all IFSC codes from RBI for a lot of banks and braches all over the India which I think will be helpful for you guys.
Please check the attachment for list of IFSC codes of Indian Banks.
