Hello Friends, this blog is especially for those Indian users who are Not able to link your SBI bank account to your Paypal Account. Actually it has been observed that most of the Indian PayPal users are confused about How to link bank account with PayPal in India.
So we brought this extensive blog for all the indian PayPal users where we will try to solve all possible queries related to the PayPal account link, Link SBI account to PayPal, Request deposits to confirm your bank account, Which banks support PayPal in India, PayPal link bank account not working and etc.
Paypal is a magical way to transfer your money over the internet and it helps you to expand yours almost across the world. you can easily purchase product or service and also sell your product or services across the globe and can easily collect your payment using PayPal account.
Paypal account works like magic and transfers your money within a few seconds though it can take some time to move your money into your bank account finally. but most of the new Indian PayPal users struggle with the bank account linking with the PayPal account.
Why most of the Indian users face this problem with their PayPal account?
Actually out of 100, 95% of users in India have their account in SBI bank as this has been a tradition in India where a user is much familiar with SBI bank from their childhood and almost all the family members have the account in SBI bank.
So when they come to make some online money they come in contact with PayPal account and very first they try to connect their SBI account with their PayPal account. but they don’t get success in this linking account.
But the problem is not this, instead of when they search about the SBI account linking with PayPal account then they also get few posts where most of the users would have linked their account with the SBI and earned money through it.
So what is a problem all about regarding linking the SBI bank account with your PayPal account?
Actually, SBI bank did a contract with PayPal a few years ago and users were able to connect their PayPal account with the SBI. At that time the3 security patch of SBI was not very complex.
Now in the present time, it is not like that SBI has broken the contract with Paypal but the security layer in SBI has been increased very intensely which is actually a good thing for a normal account user but quite disappointing for PayPal user who wants to connect their SBI account with Paypal account.
So when a user tries to link SBI bank account then the two small amount that PayPal send for verification does not come in the account within four weeks. and when a user visits his branch for making an inquiry regarding the same then most of the bank even does not have an idea about the PayPal account.
What is the solution to this problem for your PayPal account verification with SBI bank? / Which banks support PayPal in India?
As I would not say that this is impossible to link your SBI bank account with your PayPal account. But I would advise you don’t waste your effort and money to link your SBI with Paypal account. Instead, you can directly connect ICICI, HDFC, and AXIS and etc.
I would especially recommend you ICICI bank as you can fastly connect your bank account even with your simple saving account. So don’t try SBI, PNB and any other nationalize bank account as they have various restrictions as per the security patch and few government rules and regulations.
Once you will open your account in either in ICICI or HDFC bank and once your account gets activated properly then you can easily link your account with your PayPal account and you will shortly get the two small amount to verify your PayPal account.
However, you need to check your account statement constantly for this small amount as for this small amount you often do not get any message in your mobile phone.
What about the credit card and debit card linking to PayPal account?
I think if you want to use add your card for purchasing purpose through PayPal account then you can easily connect your card even you can also connect your SBI debit card too or any other debit or credit card.
In this blog we have gone through segments like how to link bank account with PayPal in India, PayPal link bank account not working, PayPal account link, Request deposits to confirm your bank account, PayPal India Link SBI account to paypal, PayPal login, Which banks support PayPal in India and etc.
If you have already linked your SBI account a few years and it is in working properly till now without any security patch then it is well and good. But now if you are a new PayPal user and trying or thinking to try link your SBI account with your Paypal account then I would suggest you not to waste your energy and money in doing that instead just open an account in ICICI bank and that could be a simple saving account and then easily link your PayPal account. However, you can also choose alternate as HDFC and AXIS bank.
If you want to explore more about PayPal account then you can go through below extensive blog link.
In the case of any queries, you can write to us at [email protected] we will get back to you ASAP.
Hope! you would have enjoyed this post about SBI bank account link with PayPal account.
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Have a great time! Sayonara!