Phonepe Wallet To Bank Account

PhonePe is a popular digital payments platform in India that allows users to transfer money, make online payments, and perform a wide range of financial transactions conveniently and securely. One of the key features of PhonePe is its digital wallet, which enables users to store money and make quick payments for various services.

However, there may be instances where you want to transfer money from your PhonePe wallet to your bank account, such as when you need to access the funds for offline transactions or withdraw the money.

Transferring money from your PhonePe wallet to your bank account is a straightforward process that can be done using the PhonePe mobile app. The app is available for both Android and iOS devices, making it accessible to a wide range of users.

By following a few simple steps, you can seamlessly transfer the funds from your PhonePe wallet to your linked bank account, allowing you to utilize the money as per your requirements.

It’s worth noting that the specific steps and options within the PhonePe app may vary slightly depending on the app version and updates. However, the core functionality of transferring money from the PhonePe wallet to a bank account remains consistent.

How To Transfer Money From Phonepe Wallet To Bank Account

Step: 1

Open the PhonePe app on your smartphone.

Step: 2

Log in to your PhonePe account using your registered mobile number and pin  or password.

Step: 3

On the home screen you will see various options. Tap on the bank balance or my money option.

Step: 4

In the bank balance section, you will find your PhonePe wallet balance displayed along with other linked bank accounts.

Step: 5

Tap on your PhonePe wallet balance. Now, you will see the option to withdraw or transfer money. Tap on it.

Step: 6

Next, you will be asked to enter the amount you want to transfer to your bank account. Enter the desired amount and tap Confirm.

Step: 7

After confirming the transaction, you will be prompted to select the bank account where you want to transfer the money. Choose the desired bank account.

Step: 8

PhonePe will initiate the transfer process, and the money will be transferred from your wallet to your selected bank account.

Step: 9

Once the transfer is successful, you will receive a confirmation message or notification.

It’s important to note that some transactions may be subject to fees or charges, depending on the specific terms and conditions of PhonePe and your bank. Make sure to check for any applicable charges before initiating the transfer.