Which bank and cc to use for paypal

Discussion in 'PayPal' started by perfectknight, Apr 23, 2008.

  1. #1
    Hey there mates.
    I have a reasonable amount of funds that i would like to withdraw from paypal.

    I am from india and would like to get some idea about the process from indian users preferably.

    The thing is my account is still not verified and i am still a student who has just finished graduation

    I havn't paid any taxes as i havnt earned anything and i don't have any tax returns or the like but i have a pan card.

    I was contemplating opening a new account with a bank and wanted to know which banks are good when it comes to transactions with paypal.

    Also i was thinking about getting an add on credit card on the basis of my dad's credit card and using it to verify with paypal.

    Any and all tips and suggestions are eagerly sought after.

    Thanks.
     
    perfectknight, Apr 23, 2008 IP
  2. deluxdon

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

    Messages:
    25,481
    Likes Received:
    1,943
    Best Answers:
    32
    Trophy Points:
    480
    #2
    Go and open an account with HDFC bank. You will get funds in your bank account within 3-4 days max from paypal through bank withdrawal. And regarding add on card thats really good idea for verification of your paypal account.

    DON.
     
    deluxdon, Apr 23, 2008 IP
  3. goforhunt

    goforhunt Banned

    Messages:
    1,249
    Likes Received:
    31
    Best Answers:
    0
    Trophy Points:
    0
    #3
    Well according to me, I believe ICICI is better when it comes to online banking.
     
    goforhunt, Apr 23, 2008 IP
  4. deluxdon

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

    Messages:
    25,481
    Likes Received:
    1,943
    Best Answers:
    32
    Trophy Points:
    480
    #4
    But from July 01, 2008 minimum Quarterly Average Balance (QAB) that you need to maintain in your savings account is being increased from 5000 INR to 10000 INR :rolleyes: and HDFC still offers minimum QAB 5000 INR.

    DON.
     
    deluxdon, Apr 23, 2008 IP
  5. goforhunt

    goforhunt Banned

    Messages:
    1,249
    Likes Received:
    31
    Best Answers:
    0
    Trophy Points:
    0
    #5
    Well thats fine, HDFC has no security measure on their online banking
     
    goforhunt, Apr 23, 2008 IP
  6. perfectknight

    perfectknight Well-Known Member

    Messages:
    367
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    105
    #6
    i think icici had that 10k thing going for sometime before it blew up on the newspapers.

    Anyone who uses both banks and would like to share his experience with me? Please share your views as i will be deciding by this weekend. Thanks.
     
    perfectknight, Apr 23, 2008 IP
  7. paulnet

    paulnet Active Member

    Messages:
    782
    Likes Received:
    5
    Best Answers:
    0
    Trophy Points:
    58
    #7
    Both HDFC and State bank of India working fine with me. I get funds within 2 days maximum. But I recommend HDFC as their customer support is much better than SBI, in case you have any problem or issue.
     
    paulnet, Apr 23, 2008 IP
  8. perfectknight

    perfectknight Well-Known Member

    Messages:
    367
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    105
    #8
    Hey guys. Which bank issues a cc that i can use to get verified with paypal. I don't pay tax as i am still a student and i havn't done any jobs and this is my first attempt at making some money online.

    Anyone knows of any banks or some other financial institutions that will give a CC that i can use to verify with paypal.

    Currently i am contemplating getting an add on CC on my dad's CC but if i can get one on my own then that would be something :D

    I am still in doubt and could really use some more advice. Thanks.
     
    perfectknight, Apr 24, 2008 IP
  9. OldEgold

    OldEgold Peon

    Messages:
    367
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    0
    #9
    there are lots of way to varify ur Paypal account...fully

    1) Open Indian or Australian Paypal account

    2) Those country paypa account ask only CC to add ...and varify ..they dont ask bank to varify account

    3) u can get vcc Virtal card to get varifid..


    thanks
     
    OldEgold, Apr 24, 2008 IP
  10. getjimmy

    getjimmy Prominent Member

    Messages:
    17,260
    Likes Received:
    1,005
    Best Answers:
    0
    Trophy Points:
    360
    #10
    U can get a CC from ICICI, u need to deposit some money,min is 10k and 90% of your deposited money will be your credit limit.
     
    getjimmy, Apr 24, 2008 IP
  11. perfectknight

    perfectknight Well-Known Member

    Messages:
    367
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    105
    #11
    Does hdfc have any such options like a credit card for fixed deposit holders. I tried going through the sites of both icici and hdfc and man did they make my head spin. I didn't find any info on either of the sites that i was looking for so i called them both. At HDFC no one is picking up my call :D LOL their loss and at icici they called me and played their taa taa naa naa ta na naa naa naa na na tune and disconnected. What a bunch of loosers.
     
    perfectknight, Apr 24, 2008 IP
  12. InfoSmith

    InfoSmith Peon

    Messages:
    884
    Likes Received:
    15
    Best Answers:
    0
    Trophy Points:
    0
    #12
    InfoSmith, Apr 24, 2008 IP
  13. perfectknight

    perfectknight Well-Known Member

    Messages:
    367
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    105
    #13
    OK i personally visited branches of icici and hdfc that are there in my city.

    While hdfc doesn't have any provision to provide me with a credit card icici does have some options.

    One is for me to get an add on card on basis of my dad's credit card and the other is to open a fixed deposit account and get a cc. The amount quoted for the FD account was 40k :O

    Both will take 10 - 20 days to process :(. Kya lafda hai man. All the day they keep calling up trying to get me to buy their ccs and join up with their dmat accounts and now when i need one they all do nakhra.

    Can i use someone else's cc and just check the amount and the pin and when i get verified i can remove it from the listing ? What say ?
     
    perfectknight, Apr 24, 2008 IP
  14. wwwANONDEBITCARDScom

    wwwANONDEBITCARDScom Peon

    Messages:
    50
    Likes Received:
    1
    Best Answers:
    0
    Trophy Points:
    0
    #14
    You can't withdraw to US bank accounts in India. Only Credit Cards & maybe cheques?
     
    wwwANONDEBITCARDScom, Apr 24, 2008 IP
  15. anthonyn

    anthonyn Well-Known Member

    Messages:
    1,783
    Likes Received:
    23
    Best Answers:
    0
    Trophy Points:
    148
    #15
    Ask your dad to open an ICICI Bank account by depositing 10K in your name. You will then be entitled to receive a credit card. Once you have connected your online bank acccount with paypal, you can then transfer your paypal money to your bank account, online. You problem then get solved. But to attach your bank account with paypal, you must be ready with the IFC code informationbefore you start doing the procedure of connecting your paypal acount with the online bank account that you have. All you have to do is just call up customer care and ask them the IFC code of the branch in which you have the bank account.
     
    anthonyn, Apr 24, 2008 IP
  16. orbofdarkness

    orbofdarkness Peon

    Messages:
    40
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    0
    #16
    I have been using ICICI Bank For some time...There service is very good when it comes to Online banking....
     
    orbofdarkness, Apr 9, 2010 IP
  17. Malika.Sharma

    Malika.Sharma Active Member

    Messages:
    351
    Likes Received:
    11
    Best Answers:
    0
    Trophy Points:
    78
    #17
    That's right.
    If you need help then you can mail or PM me.

     
    Malika.Sharma, Apr 9, 2010 IP
  18. ICICI Bank Customer Care

    ICICI Bank Customer Care Member

    Messages:
    9
    Likes Received:
    0
    Best Answers:
    0
    Trophy Points:
    36
    #18
    Hi,

    We appreciate the vote of confidence. In case of any banking queries, you can write to us at .
    We'll be glad to be of assistance.

    Regards,
    ICICI Customer Service Team.

     
  19. easyhostingplans.info

    easyhostingplans.info Peon

    Messages:
    507
    Likes Received:
    3
    Best Answers:
    0
    Trophy Points:
    0
    #19
    why suggesting only icici and hdfc ?
    what abt sbi ?
    i think min 500 rs required to get an account at sbi.
     
    easyhostingplans.info, Apr 13, 2010 IP
  20. indian_seo

    indian_seo Peon

    Messages:
    231
    Likes Received:
    2
    Best Answers:
    0
    Trophy Points:
    0
    #20
    my dear... any bank like HDFC, Ctibank, Axis bank, PNB, Indian Bank, SBI etc whichever... go for it... get the IFSC code of your branch and you are ready to goooooooooooooo... :) I personally recommend ICICI or Citibank
     
    indian_seo, Apr 13, 2010 IP