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By What Time Do Indian Banks Credit Paypal Funds In Our Account

Discussion in 'PayPal' started by Bohra, Nov 29, 2009.

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  1. #1
    I Am expecting funds today i withdrew about a week back i should have got it today.. till now i havent got that .. its about 1 here so any chances i can get this today ? or do i have to wait till tommorow now ?
     
    Bohra, Nov 29, 2009 IP
  2. geniusgullu

    geniusgullu Active Member

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    #2
    Normally it will take five days to get payment to your bank account.Whats there in the status..IS it completed or Pending?
     
    geniusgullu, Nov 29, 2009 IP
  3. Bohra

    Bohra Prominent Member

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    #3
    Its completed long time back itself.. coz saturday was bank holiday due to Eid and sunday is official holiday i was expecting it to be added today
     
    Bohra, Nov 29, 2009 IP
  4. geniusgullu

    geniusgullu Active Member

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    #4
    last time i have face same situation (sunday) and i got it on Monday..So wait for Today or Tomorrow.If you not receive then you should contact Paypal..
     
    geniusgullu, Nov 29, 2009 IP
  5. Moses8595

    Moses8595 Peon

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    #5
    Be patients..Whether the bank info was entered correctly?
     
    Moses8595, Nov 30, 2009 IP
  6. Bohra

    Bohra Prominent Member

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    #6
    lol offcourse this is not first time :D its just that i need the funds .. do they even credit after 2PM Indian Time ??
     
    Bohra, Nov 30, 2009 IP
  7. Moses8595

    Moses8595 Peon

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    #7
    Well,Then there is no need to worry...Your transfer will be completed in 3 - 7 business days depending on your bank's processing schedule and funds availability policy.:)
     
    Moses8595, Nov 30, 2009 IP
  8. Digital_shubhi

    Digital_shubhi Illustrious Member

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    #8
    Well, here is the exact answer - They credit it in our accounts mostly in the evening time... So, if you are using SBI you will get it by 6PM. and if you are using HDFC, you will get it by 7PM.
    All others banks also submit it by 7 PM.
    And it never takes 7 days if there are no holidays. :p
    It takes only two days if you do it between Sunday to Thursday...

    - Mr.President -
     
    Digital_shubhi, Nov 30, 2009 IP
  9. Nadeem Khan

    Nadeem Khan Guest

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    #9
    i have initiated two transfer on wednesday and thursday ( 25th & 26th ) to state bank of bikaner & jaipur account. Still waiting fr my money arrivve in account.
    these nationalised banks sucks. Will close my account sooner there.
     
    Nadeem Khan, Nov 30, 2009 IP
  10. reverse9

    reverse9 Guest

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    #10

    Nadeem, do you pay taxes on ur paypal income ?

    Please reply .

    I earn 200 -400 dollars monthly
     
    reverse9, Nov 30, 2009 IP
  11. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #11
    I suggest you to check your bank account after 8 pm today and you'll see your funds in your bank account ;) (Got sometimes credit 6 pm and 7 pm)

    DON.
     
    deluxdon, Nov 30, 2009 IP
  12. gsk6u

    gsk6u Active Member

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    #12
    I got my funds at 8:00 PM to my axis account last time.
     
    gsk6u, Nov 30, 2009 IP
  13. coderpundit

    coderpundit Member

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    #13
    I withdrew on Wednesday and still its not credited to my ICICI account. Don't know why its taking so long. :(
     
    coderpundit, Nov 30, 2009 IP
  14. deluxdon

    deluxdon Catch Me If You Can...!!!™ Staff

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    #14
    If this is your first time then recheck your entered account number,name,IFS Code etc. details or else don't worry as you will get your funds in your account today for sure (delay due to weekend holidays IMO).

    DON.
     
    deluxdon, Nov 30, 2009 IP
  15. RightMan

    RightMan Notable Member

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    #15
    I am surprised at the uncertainty as regards the number of days Paypal takes to deposit.
    Why can there not be fixed number of days and why does the withdrawal gets completed in 2 days most of the times but drags on for several more days on other occasions? Is it not high time Paypal introduced some accountability in this regards as well! :(

    Regards,

    RightMan
     
    RightMan, Nov 30, 2009 IP
  16. tbsboy

    tbsboy Peon

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    #16
    All the bank worldwide usually credit account after 12 pm.There may be a delay due to local holidays
     
    tbsboy, Nov 30, 2009 IP
  17. Bohra

    Bohra Prominent Member

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    #17
    This time Saturday was holiday maybe coz of that In India we have many holidays :D
     
    Bohra, Dec 1, 2009 IP
  18. soundingloud

    soundingloud Peon

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    #18
    thanks for all the knowledge guys :)
     
    soundingloud, Jan 25, 2010 IP