Like to Transfer Phonepe Wallet Money To Bank Account? If yes, then you have landed on the right spot. Today we will be discussing How To Transfer Phonepe Wallet Money To Bank Account. It’s a simple task that can be implied directly from the Phonepe app. If you follow our drafted steps, then you will not have to pay a penny from completing such a task. However, we will start our guide with a short detail on the Phonepe app.
What is Phonepe App?
Phonepe is a money transfer application that works with the principles of UPI. A UPI is a unified payment interface that is introduced by the NPCI (National Corporation of India). Meaning, all the online transactions are handled by the Reserve Bank of India. That’s why the app is secure and is trusted by millions of users around the globe.
There is no need of using payment cards like credit cards to perform online money transfer from Phonepe. Because the app is directly connected to a user’s bank account. Users can decide to do online shopping as well as money transferring any time they want to. There are no charges implied for money transferring, but it’s all because of UPI.
Transferring Phonepe Wallet Money To Bank Account
Phonepe is made for the sake of people trying to transfer money online. It is not developed to pick a pocket of its users. So you can Transfer Phonepe Wallet Money To Bank Account without any charges. Head below to know the convenient steps for performing this particular task:
- Open Phonepe and sign in.
- Navigate to My account and open Wallet Balance.
- Select Withdrawal and drag phonepe wallet icon to back account tab.
- You are allowed to transact Rs. 1 lakh per transaction.
- Enter the amount of money you want to transfer.
- When done, wait for approx 1 minute.
- After that, Transferring Phonepe Wallet Money To Bank Account will be completed.
That’s all, enjoy.