How to transfer money from phonepe to other bank account?
Detailed Guide to Transfer Money via PhonePePhonePe makes transferring money to any bank account in India easy. Here’s a step-by-step guide:- Step 1: Set Up PhonePe: - Download PhonePe from Google Play Store or App Store. - Register with your mobile number linked to your bank account and complete KYC. - Link your bank account via UPI (Settings > Bank Accounts > Add New Bank).- Step 2: Initiate Transfer: 1. Open PhonePe and tap “To Bank/UPI ID” on the home screen. 2. Select “Bank Account” (or UPI ID if you have it). 3. Enter: - Recipient’s bank account number. - IFSC code (find it via bank’s website or IFSC finder tools). - Account holder’s name. 4. Verify details and tap “Add Beneficiary” (first-time transfer only).- Step 3: Transfer Money: 1. Select the added bank account. 2. Enter the amount and an optional remark (e.g., “Loan Repayment”). 3. Choose your payment method (UPI-linked bank, wallet, or card). 4. Enter your UPI PIN to confirm.- Step 4: Verify Transaction: - Check the transaction status in the “History” section. - Funds usually transfer instantly via UPI or within 1-2 hours for NEFT/IMPS.- Troubleshooting: - Failed Transaction: Verify account details or check your bank balance. - UPI PIN Issues: Reset your PIN via your bank’s app or PhonePe. - Contact PhonePe support (1800-120-1240) if needed.- Pro Tip: Save frequently used accounts as beneficiaries for faster future transfers. Always double-check IFSC codes to avoid errors.
Simple PhonePe to Bank TransferTo transfer money from PhonePe to another bank account:1. Open PhonePe: Launch the PhonePe app and log in.2. Go to Transfer: Tap “To Bank/UPI ID” under “Transfer Money.”3. Add Bank Account: Enter the recipient’s bank account number, IFSC code, and name.4. Enter Amount: Input the amount and add a note (optional).5. Confirm: Select payment method (UPI, wallet, card) and confirm with your PIN.Tip: Ensure the recipient’s details are correct to avoid failed transactions.