I am facing some serious problems to transfer my funds to my bank account. Does anyone know what should i do next !!! I tried to withdraw funds to my axis bank account 2 times but, it did not work. It shows that "Transfer Cancelled" and Status - "Reversed" I am really confused..please help me out..
Hello , Firstly stay cool its seems to be a bit hectic but Trust me its very easy , simple process to withdraw money. STEP 1 . Goto your banks website / google it and Try to Find the IFSC code for your branch . it will be 11 digit No Like : UTIB0000XXX where XXX is Branch No . Note Down This Number . Please Note that You have to find the exact code.. as each AXIS bank will have a distict Code. This Code actually recognises your Bank and the Branch. STEP 2 : Make Sure that YOUR NAME ( & BUSINESS NAME if u have a busines Account ) is EXACTLY the same as YOUR NAME in Bank Account . It MUST match letter by letter . If NOt Just Edit Your Name in paypal to match the name in Bank. STEP 3 : Enter Your Account Number , Name , and IFSC Code when asked. STEP 4 : Withdrwaw Your Money and wait it May Take around 3-5 days for Transfer. Where to get IFSC ? 1. ttp://rbidocs.rbi.org.in/rdocs/RTGS...rticipants.pdf 2. Check Your Cheque Book. 3. http://www.idrbt.ac.in/index_fromsm.html?ifsc_directory.html?infinet You can check this Link for More : http://www.amitbhawani.com/blog/paypal-offers-withdraw-funds-directly-into-indian-banks/ http://pages.ebay.in/paypal_bankaccount/
Full Description .. ManoIndia Actually You need your bank Account number and IFS code of the Branch... In case of UTI bank or Axisbank it is 11 digits UTIB0000XXX where XXX is Branch No . Simple .. and if you do not get it this way .. Your bank might not be CBS or something like that ,I never had any problems with any bank's I used , Axis , ICICI, HDFC.. Try in other bank.