Payzapp wallet users can transfer payzapp money to bank account anytime. For some reasons, if you wish to withdraw your money from Payzapp to your bank account then yes it possible.
Payzapp is mobile payment and UPI wallet introduced by HDFC Bank for digital transactions and payment. You can use Payzapp for online payment, money transfer, recharges and booking and also make payment at the local store.
See step by step guide on how to transfer Payzapp wallet money to Bank Account.
Transfer Payzapp Money to Bank Account
Please note, Bank transfer allows only for KYC compliant users. If your KYC not complete then you can not transfer money to bank. Read this: How to complete KYC on Payzapp
1# Just log in to your payzapp wallet and tap on Pay/Send Money. Next screen select Bank option as you can see below screenshot.
2# Now you need to Add Bank account as a beneficiary. Tap on Add Beneficiary and next enter Account holder name, Bank Account number, and IFSC code.
3# Now select Added Beneficiary to send money.
4# Next screen enter Amount which you want to transfer. Next screen confirm your transaction. Plese note, for bank transfer you will be charged 2% fee. You can see charges details on confirm screen. Tap on confirm.
Done! your money successfully transferred to Bank account. Please check your bank account.
So this is how Payzapp wallet users can transfer or withdraw money from payzapp to any Bank Account.
Update: Now only Full KYC users can transfer money from Payzapp to bank account. If you have an HDFC Bank account then you can complete your KYC by linking your customer ID with Payzapp account.
FAQ
Q.1: Can I transfer money from PayZapp to bank account?
Ans: Yes, after completing full KYC, you can transfer money from Payzapp to Bank account. Non-KYC users can not transfer money to the Bank account.
Q.2: How much can be transferred from PayZapp to bank account?
Ans: You can transfer up to 1 lac (monthly) from Payzapp to Bank account after completing full KYC.
