Hey guys , i would like to withdraw money from my paypal account to a bank acount in India. I am planning to open a bank account at ICICI for this purpose .But i am a bit confused which account should i open. Going to their website i see a lot of options ,but i am not sure on what account should i open. The only idea is to withdraw the money to a account. I tried ICICI B2 banking but paypal reject the account . Can someone who has a ICICI account which can be used with paypal direct me on which account i should open at ICICI : http://www.icicibank.com/ Code (markup): Thanks
Yes a regular savings account would be enough. The minimum balance required would be somewhere near Rs. 5000 Also, you may visit the branch and ask them about No Frills Savings Account. In such accounts the minimum balance required is low, but you have some limitations on withdrawals...
See ICICI Bank is a pvt Bank, the charges for each service is very high, also to open an account, you need to deposit high amounts which is not needed, Try local Govt owned Banks. Thanks
I'll suggest you open Savings Bank account with State Bank of India. You can open an account with just Rs. 1000/-
Does State Bank of India support international checks ,like for example i receive a check from amazon ,will i be able to encash it using State Bank of India. Thanks for the suggestion
open ICICI no frills account.... or go for HDFC for better service..... for international cheques icici is best
HDFC seems good ,and since we can generate VCC ,that another plus feature . I visited their website ,they provide two options "Personal Banking " and "HDFC Bank NetBanking" ,which one to choose from these. Does " Personal Banking" or "HDFC Bank NetBanking" has any initial fess . I heard you have to deposite a huge amount to get a account there. Thanks for the suggestion .
i would also recommend you to create account in government banks like Bank of India, Indian Bank etc. Iam an account holder on Indian bank and i have withdrawn money many time without any problems
I have verified by paypal account using State Bank of India, just a regular saving account. I haven't used ICICI or HDFC but I would recommend a govt bank - as they don't have much Fees and Charges
Thanks for your suggestions guys ,it helped me a lot. I finally decided to settle down with State Bank of India , and i even got the registration form today . Thanks.
hi you applied for State bank of India, did you confirm your debit card in paypal for buying any goods outside. santo