Paypal auto withdrawal for Indian Customers. Need Help

Discussion in 'PayPal' started by rahul247rocks, Aug 26, 2011.

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  1. #1
    My PayPal bank account was just confirmed and I was wondering if auto withdrawal is automatic or do you need to enable it. If so then how. How long does it take for the paypal balance to arrive to your bank accounts. And if I withdraw by check then how long does it take to actually reach my home. Also when the auto withdrawal is ON, what happens to the balance after I Withdraw my money from PayPal. Does it come to zero. Please anyone from India can you answer my queries.
     
    rahul247rocks, Aug 26, 2011 IP
  2. Card

    Card Well-Known Member

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    #2

    Well,you need to enable auto update feature,when you withdraw after,it will take 24 hrs to get completed and funds will arrive at your bank account within 1 day of your transaction getting completed.If you choose check option,it will take 10 days to arrive at your bank account.When autowithdrawl is on,after 7-8 hours,Paypal will automatically withdraw your money to bank account and yes after withdrawing,your paypal balance will become zero :)
     
    Card, Aug 26, 2011 IP
  3. nihangshah

    nihangshah Prominent Member

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    #3
    You need to activate auto withdrawals on your PayPal account. After it's activated, PayPal will automatically withdraw funds to the selected bank account. You can activate auto withdraw at this link. Select the bank account and click 'Make Auto Withdrawal' button.

    You can learn more about auto withdrawals at this link.

    It takes 3-4 days for funds to arrive from PayPal to bank account (NEFT transfer) and 15-20 days for funds via check.
     
    nihangshah, Aug 26, 2011 IP
  4. rahul247rocks

    rahul247rocks Greenhorn

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    #4
    k i am getting It. So once the funds are in my bank I can collect them right. Its better to use Auto Withdrawal System. It seems. Thanks a lot.
     
    rahul247rocks, Aug 26, 2011 IP
  5. rahul247rocks

    rahul247rocks Greenhorn

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    #5
    and one more thing when I am trying to send fund to another guy its asking my debit card information. Is that necessary? For Indians
     
    rahul247rocks, Aug 26, 2011 IP
  6. Healthtips Sportstraining

    Healthtips Sportstraining Peon

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    #6
    The feature can be accessed by clicking the “Withdraw” tab at the top of the PayPal page and the link is underneath the manual withdrawal methods.
     
    Healthtips Sportstraining, Aug 26, 2011 IP
  7. deluxdon

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

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    #7
    You need to add a valid Credit Card for sending purpose as you can't use your paypal balance.

    DON.
     
    deluxdon, Aug 26, 2011 IP
  8. Ragu_007

    Ragu_007 Well-Known Member

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    #8
    You can't use debit card. Either you can use Credit Card or Virtual Credit Card for sending money.
     
    Ragu_007, Aug 26, 2011 IP
  9. Padalda

    Padalda Banned

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    #9
    Is it mandatory , to enable "Auto Withdrawal Option" in PayPal for Indians ?
     
    Padalda, Aug 26, 2011 IP
  10. nihangshah

    nihangshah Prominent Member

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    #10
    Yes, it's an Indian regulatory requirement and applies to all PayPal users in India.
     
    nihangshah, Aug 26, 2011 IP
  11. SAGILIO

    SAGILIO Member

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    #11
    no this is not mandatory
    if u wish u can set auto withdraw if u don't wish then withdraw manually .
     
    SAGILIO, Aug 26, 2011 IP
  12. nihangshah

    nihangshah Prominent Member

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    #12
    Log in to your PayPal account, click this link and read the third question.
     
    nihangshah, Aug 26, 2011 IP
  13. Henry Wilson

    Henry Wilson Peon

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    #13
    Can anyone suggest which Indian Bank Debit Card is eligible to verify the PayPal Account and the bank names which are flexible with PayPal.
     
    Henry Wilson, Aug 27, 2011 IP
  14. deluxdon

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

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    #14
    None of indian debit cards works for that IMO. Go for a valid CC instead of that.

    And btw why don't you verify you indian paypal account using any indian bank account ? Its an easy task.

    DON.
     
    deluxdon, Aug 27, 2011 IP
  15. Henry Wilson

    Henry Wilson Peon

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    #15
    I got some information that SBI Debit Cards can be used for PayPal verification. Is it necessary to enter bank account and Credit Card of same bank or we can enter both of different banks.
     
    Henry Wilson, Aug 27, 2011 IP