PayPal now allows funds to be deposited directly to Indian Bank Accounts. Amounts higher than 7,000 INR won’t cost anything; however, PayPal would deduct 50 INR for lower amounts. There can be extra fees charged by the bank for electronic fund transfer.

Earlier, Indian PayPal users had to request for a check to get their funds transferred in INR from any other currencies and PayPal used to cut $5 per check. Now, the whole process has become faster and safer. Indian PayPal users must be happy now.

Just few days back PayPal announced that Indian users can transfer balance to their Visa Credit Card or Visa Debit Card directly. Now by allowing balance transfer to Indian Bank Accounts, PayPal puts another step forward to help Indian users.

With more and more people getting engaged in outsourcing and freelancing in India, this move of PayPal would be beneficial for many. W3Guru India congratulates PayPal for this nice move!

Read more at: New Withdrawals Features Available with PayPal