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Saturday, March 13, 2010

Verify PayPal account with Bank account in India without Credit card

PayPal for India has now become somewhat strict and that’s obvious because of RBI policies. Initially, it was not possible to verify PayPal account using Debit card (no matter whether it is Visa or Mastercard) or Bank account, only Credit Card would do that but now you can verify it easily with any Bank account in India.

Benefits of Verified PayPal account

Verified members have successfully completed Verification system to prove their identity with PayPal. It may differ from Region to region but for India, After getting verified- Your Sending and withdrawal limit will be lifted. You can withdraw unlimited funds from your PayPal account.

Verify PayPal account without Credit card

There is no compulsion of having Credit card and linking it with PayPal to get verified. Just need an account in any Indian Bank with IFSC code.

Verify PayPal account with Bank account in India

Add Bank account to PayPal. PayPal will credit a small account in your Bank account and You will receive an email from PayPal for Bank account confirmation.

paypal verify bank india

  1. Check your bank account and note the exact deposit amounts.
  2. Log in to your PayPal account and click Confirm bank account on the Account Overview page.
  3. Enter the two deposit amounts.

paypal verify bank india

To know the exact amount credited by PayPal, login to your Bank account online and check out from any transfers from PayPal. It generally ranges from Re.1 to Rs. 2. If you don’t have online bank account, update your Bank statement or inquire after 2 days.

As soon as you enter the exact transaction amount, Your Bank account will be confirmed and PayPal account is successfully verified.

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