PayPal users need to get their account verified in order to lift their Sending and Withdrawal limits. The great news is here, users can now verify their PayPal account by linking and confirming their bank account without the need for a credit card. This is definitely a piece of good news especially for users of India.
How to verify PayPal using a bank account – A simple 3 step procedure is required to become a verified member.
1. Log in to PayPal and click on the ‘Get verified’ link shown in Status.
2. Select the “Link my Bank Account” option.
3. Add a bank account > Start process to confirm bank account and get verified. PayPal will then send 2 small deposits to your bank account.
4. To confirm your bank account:
- Check your bank account statement in 4-6 days for the 2 deposits from PayPal.
- Log in to your PayPal account and enter the amounts to confirm your bank account.
This completes the final step of the verification process, thus removing any limits on your account. Now, you can send and withdraw as much money using your PayPal account.
Thanks, @smartinjose for the info.
Note – Currently, PayPal does not offer the ability to add funds from your bank account.
Thanks bro, usefull information,
yes it working i have done this before few days,btw RT done
Nothing new in this man. Paypal had this option before too and i verified using this option months back.
May be, Even I and other blogger friends didn’t knew about it. So it’s better to share useful information, for letting others know about it.
I don’t know what @Paritosh is saying 🙂 I verified my Paypal account with HDFC VCC at the beginning of this month. At that time this option was not there. So how can you verify a Paypal with bank account before few months. Checkout the discussions going at DP and other forums. It seems that none of the users are known about this feature. Be it old or new, Indians are now happy 😀
Thank Mayur for this very informative post. Clear instructions leave no space for doubts.
Thanks to arpit from blog.arpitnext.com for leading me to this.
That’s Really cool..
thanks for sharing..
UNABLE TO GET IFSC, NEFT CODE OF MY BANK OF INDIA OR PUNJAB NATIONAL ON RBI SITE PLZ HELP
hi can i use my SBI debit card to accept paypal account?
I paid for a vcc and confirmed my paypal account in a couple of hours…so i guess they deserve a 5 star +
Highly Recommended
hi i just completed the first step of verifying my account. IS linking my account with paypal safe??
I recently have verified my PP account with HDFC bank account.
Q1. Do I need add money to my PP account for online shopping?
If yes, upon trying to add funds to PP account The ADD FUNDS TAB says “PayPal does not currently offer the ability to add funds from your bank account.”
Q2. Now does it make compulsory to add credit card to PP (which I don’t have) to add money (for online shopping)? OR I can shop without funds being added to my PP account and PP will itself debit it from my bank account.
If Yes, How paypal can debit the amount directly from anyone’s bank account, obviously Bank will not let anyone to online deduct money from any account especially without knowing login ID & password.
Pls advice
Thanks in Advance.
i want a small help
i made a pp and added bank and pan
but heard that in india all money from pp will be auto withdrawn to bank
how to stop it ?
i want to use it for my fiver like site ..
so money should always be in pp only
wat to do ? solution plz
That’s not possible and you cant make any payments through PayPal now.
Very true
That’s not possible and you cant make any payments through PayPal now.
Would it be recommended to use Auction Essistance for VCCs to verify my PayPal account?