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How to Withdraw PhonePe Wallet Balance Instantly to your Bank Account

Written by:
Vjay
Published on:
November 24, 2016
Thoughts:
4 Comments

PhonePe is Mobile Payment App from Flipkart Group Company, its main attraction is that it works over UPI (Unified Payments Interface) platform which is developed by National Payments Corporation of India (NPCI) and is powered by Yes Bank. With PhonePe digital mobile wallet you will get instant refunds, cashbacks, and also you can even link your bank account and instantly do bank to bank transfer by using a mobile number or unique payment identity which is known as Virtual Payment Address (VPA).

One unique thing about PhonePe Wallet is you can’t top up your wallet but you can spend your wallet balance or you can withdraw the balance to your linked bank account instantly. So in this post we will explain to you with step by step process how to Withdraw PhonePe Wallet Balance Instantly to your Bank Account.

Table of Contents

  • Step by Step Process on How to Withdraw PhonePe Wallet Balance Instantly to your Bank Account
    • Also Check: How to Withdraw RuPiZo Wallet Balance to Bank Account

Step by Step Process on How to Withdraw PhonePe Wallet Balance Instantly to your Bank Account

  • Just open PhonePe App by tapping on the PhonePe.

PhonePe Wallet

  • Once the PhonePe App launches, just tap on option by tapping on the bars which you can see on top left side of the app.

PhonePe Wallet Balance

  • Tap on Wallet Balance, you will be able to see the balance available in your wallet.

PhonePe Wallet Balance Withdraw to Bank

  • So now to transfer the PhonePe wallet balance instantly to your bank account you will have to drag and drop. Maximum limit per withdrawal is Rs.5000/- and there is no charges to transfer money from PhonePe Wallet to your Bank Account. (But before this you should make sure that after registration of PhonePe you had linked your Bank Account, then only you will be able to withdraw wallet balance to your bank account).

PhonePe Wallet Balance Withdraw to Bank Sucessful

  • You will get prompt saying “Are you sure you want to withdraw your entire PhonePe Wallet balance to your bank account right now?” to proceed just tap on confirm button.
  • That’s it you have successfully transferred your PhonePe Wallet Balance to your bank account, on next screen you will also get transaction successful message and also transaction id.

The PhonePe Wallet Balance will instantly get reflected into your bank account.

Also Check: How to Withdraw RuPiZo Wallet Balance to Bank Account

Categories: Internet

About Vjay

Vjay is the admin of the blog RevealThat.com who loves to share various topics regarding Tech and other Internet Related Stuff. If you like to connect with visit our Contact us Page

Comments

  1. Narayana says

    June 15, 2017 at 8:02 am

    Is this safe

    Reply
  2. Rakesh Karki says

    September 16, 2017 at 4:01 am

    Hi Sir
    I am trying to drag and drop the wallet balance into my account but it’s not working what should I do

    Reply
    • Vjay says

      September 16, 2017 at 4:32 am

      Hello Rakesh Karki,

      Wallet balance you get through cashback remains in your wallet and cannot be withdrawn to your bank account. You can use the cashback wallet balance to make payments.

      Reply
  3. Vicky says

    April 4, 2018 at 4:58 pm

    Dear Admin.
    I have enough money in my Wallent from my account not any cashback money.I withdraw money back in my accout.I withdraw 5000 per swipe for 5 Times,I got just only 25000 Only.Is 25000 per day transaction limit?
    How can I withdraw more from phonepe to my account Back?
    please suggest withdrawal limitaions.
    I will ever remain for this act of kindness.

    Reply

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