You can now withdraw funds from Paypal to your Indian bank account

For Indian Paypal users there is a reason to rejoice! You can now add your Indian bank account information to your Paypal account such that you can withdraw funds directly from your Paypal account to your local bank account. There is no transaction fee for amount of more than INR 7000, but if you withdraw less than that amount, a nominal fee of INR 50 is charged. The banks in India that are supported by Paypal as of now are:-

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