If you are planning to do some business online then you must have a verified paypal account. If you have a normal account, that is, an unverified account, then there are too many restrictions on you. For instance,
- Your maximum monthly transaction limit is fixed ($500)
- You’ll have less say in case of a conflicted payment
- You can’t create payment buttons
Until today, the only way to verify a paypal account was by linking a credit card to it. For Indian users, it was a big issue, as most of the Indian users don’t have a credit card. But paypal have realized this problem and now you can verify your paypal account just by adding your bank account details to it.
Verify Paypal Account By Adding Bank Account Details
1. Login to your paypal account. Click on the get verified link on the top of your paypal page.
2. You’ll see multiple ways to verify. Click on Link My Bank Account button.
3. Add your bank account details and then click on Start process to confirm bank account and get verified link.
Now, paypal will make two small deposits into your bank account. Check your bank account transaction details after 4-5 days and then enter those amounts in paypal verification page again. That’s it. Your paypal account is verified now and all the restrictions are gone.
I created a small video to demonstrate the procedure, check it out,
If you still have any queries regarding verification of paypal account, then contact me using the comments form below.
Wow, this is so Cool!!!!!!!!!!!!!!!!
I dont think this will work. There is no official announcement from paypal till date.
I tried adding my icici bank account (Debit Card) it failed. It still now accepts credit card gladly.. :)
@Robin
Indian debit cards won’t work. Bank accounts will. Try and check yourself. See the video if you have any doubts.
Thanks for the update Mayur Somani.
Previously I used to verify my paypal account using ICICI B2 account’s Virtual Credit Card.
Now This method is very for so many students in India including Anti-Credit Card Holders.
Hi,
I have already verified my bank-account with my debit card.
But the problem was that they gave some code to be printed in my bank-statement, and the thing that happens to all has happened to me too. the code didnt shown in my bank statement.
after communicating to them, they told to send them a fax with some bank details and as per the instructions i did.
They get my account verified very soon.
Their service is really very quick & responsive.
I did this before few months, may be in September 2009.
Ravi.
Hi,
you said –
Now, paypal will make two small deposits into your bank account. Check your bank account transaction details after 4-5 days and then enter those amounts in paypal verification page again.
—
I tried it and am waiting to receive the two small deposits, but I can’t find where to enter the transaction details in my paypal account. I got a mail from paypal telling me to click “Confirm bank account on the Account Overview page”.
I can’t find it. Please help.
@robert
Please wait for few days for balance to appear. If you don’t see the money after many days, then start the procedure again or contact paypal support.
Hi Mayur Somani
can i use SBI credit card to verify my paypal account?
@saranyafa
Yes, you can use SBI credit card to verify your paypal account.
A new fact about Pay Pal :
I applied for a charity account with Pay pal because its free and supported by vbulletin software for payment subscription, I have all the documents like NGO Registration certificate, Memorandum of Society, Society PAN card, and the Bank details , bank details were verified by the Pay Pal by depositing amount of Rs. 2 and 40 paisa, after submitting all the document as per said in their website and in their emails, they denied me for the account, just because they have no tie-up with India regarding charity account, what the hell is this, why the pay pal people should not mention at the time sign up process. I have wasted around 1000/- rs in doing fax to pay pal and after 4-5 days they denied.
Don’t apply for a charity account with pay pal if you are living in India. Just wastage of time and money.
@Sonia
Thanks for the information Sonia. I hope that paypal resolves this issue soon to help the charities in India. Until then, I suggest to all our readers to make sure they support a type of account you are applying for, before spending any time and money on the process.
My main concern right now is to make online purchase for my boutique…I got my paypal verified few months back but I am still unable to get my SBI Visa Verified Gold card verified by paypal to make purchases online. This is very frustrating. Right now I can’t afford credit card because in order to get CC I have to open fixed deposit account in SBI for which I will receive 90% of the money deposited as credit but again I have to return the money back within 45 grace period so that would mean double the amount and sadly I just have the right amount to make my first necessary purchase for my small boutique (I am a first time retailer). :( :( :(
There are few sites (which are more expensive) that accepts visa verified debit card but I need greater flexibility because almost all the seller sites I am looking at accepts only paypal… :(
@Kaybee
Unfortunately paypal don’t accept any Indian debit card at this time.
hello friend…i need ur help….im stuck.
i verified my bank account with paypal….but after 2 days…i got a mail as follows……
_____________________________________________________________
Hello Satyajit Das,
The two deposits that PayPal sent to your bank account as part of the bank confirmation process were returned to us for the following reason:
Your bank reported a problem. Please contact your bank’s Customer
Service Department. If you still need assistance, you may contact us at
https://www.paypal.com/wf/f=bank_addfnd.
If you feel this rejection is in error, you may also email PayPal Customer Service to confirm this bank account by going to:
https://www.paypal.com/in/wf/f=act_verifyba
Thanks,
PayPal
________________________________________
please help me…..its very urgent……..
Please tell me what i have to do.
Thanks in advance….:)
@Satyajit
Please go to the specified URL, https://www.paypal.com/in/wf/f=act_verifyba and start the verification process again.
hi all it not working
@jinsan
Please post more details, then I’ll try to resolve this issue.
hi, i have a saving bank account in sbi. paypal has deposited two amounts in my bank ac for verification but it was rejected by my bank. what should i do. is there any additional process that i should do to avoid this rejection. will there be same problem in withdrawing payment in my bank ac?
@smriti
When did you try it? Recently due to some issues with RBI, paypal withdrawals were disabled in India. But now they are enabled again. So, I suggest you to try it one more time.
Hi,
I verified my Paypal a/c with hdfc VCC. But while making payment for purchase, It says payment can not be made with this card . I have sufficient balance in my card.
Any Idea to resolve this issue??
@musa
Please contact your CC issuing bank with the exact error message you got from paypal to resolve this issue.
Hi,
I verified my account by adding my bank account. it worked for sometimes. Recently when i tried to withdrwa money to my bank account, all of a suddden my account was limitted and now paypal is asking to register a credit card to confirm my account. But i do not have one. How can i reslove this problem. And there are not customer care phone numbers for india too. Can you please give me ur advice.
@Linton
Please check is your account is actually verified. I know that you have verified using the bank account method explained above, but please check again. If paypal needs credit card for verification now, then I am afraid that you have to provide it. There is no other option. Even if you talk to their support, they will say the same to you.
Hi yaar..
I added axis bank account details and link it to verify paypal acc..
I got tis msg sterday..
paypal will make two small deposits into your bank account. Check your bank account transaction details after 4-5 days and then enter those two amounts in paypal verification as u said
Today i got a msg tat they sent two small amounts to my bank acc on 9th Dec.. But i dint received two small amounts in axis bank.. I gav all details correctly…
Nw wat can i do??? Plz help
@Wajeeha
You will get the deposit soon. If you don’t get it then please contact your bank.
Paypal accept axisbank or not??
I checked my axis bank statement.. But no statements are from paypal in my acc..
What to do now??
@Wajeeha
You have to contact paypal and AXIS bank’s support for details.
Ok thnx yaar.. Nw got it..
i am planning to get a paypal account which bank would u suggest to create one?
@vishnu
Any bank you like should be ok.
Thank you so much Mayur Somani. This has helped me so much. Probably the best Help website related to Paypal India.
I’m going to try your method today with my Syndicate bank account.
i don’t know whats wrong but payal sent me a message 3 days after i applied for it
The two deposits that PayPal sent to your bank account as part of the bank confirmation process were returned to us for the following reason:
Your bank reported a problem. Please contact your bank’s Customer
Service Department. If you still need assistance, you may contact us at
https://www.paypal.com/
If you feel this rejection is in error, you may also email PayPal Customer Service to confirm this bank account by going to:
https://www.paypal.com/in/wf/f=
i provided correct information so y is dis?
@saif
There may be some error in processing by paypal. You must do as directed. That is, contact your bank’s support dept. or contact paypal’s support with details.
DEAR,
i want to create payple account for withdraw money from ptc websites i complete my first step which fill name,mail,pan number and agree to terms than second page is credit or debit card but i have only SBI ATM card thanaiso i want to creat varified payple account so please tell me steap wise suggetion on easy language because i am new user.
THANKYOU
@chaudhari mitesh
You should use the Bank method to verify the paypal account as described above. ATM or Debit cards are not accepted by paypal.
I did exactly as specified here. And i got a mail saying once successful, i’ll be able to transfer cash from my paypal account to my bank account.
But what i really want is to transfer money from my bank to my paypal account. Is it not possible after verifying the bank like this ?
@umessi10
When you buy something from paypal, the payment is taken in this order,
First they check your paypal balance, then if the paypal balance is zero its taken from your credit card.
I am not sure about bank account but I think if you buy something using paypal, and your paypal balance is zero, and you have verified your paypal account using the bank method, then the payment will be automatically taken from your bank account.
Still, I would suggest getting in touch with paypal support for clarification.
@Mayur Somani
Thank you. I’ll do that.
Hello, One of my friend from France is transfering money $650 to me via paypal but i don’t have any paypal a/c and no credit card. please advise that how can i get the payment.
@Bhuvnesh
Create an approved paypal account as explained above. Then you can transfer the money from your paypal account to your bank account.
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.
@naveen
Since you are in India, you must add a CC to shop online.
Can you tell me is paypal will charge me, if i verify it with my bank a/c and how much paypal will
charge the transition charge when i make any transition. I have a pnb a/c, can i verify my bank a/c
beacuse it needs a IFSC code. I don’t know it.
What will happen if I don’t tranfer my paypal balance within 7 days to my indian bank aocount? Also tell about the balance already lying in paypal account.
But paypal asking PANcard Number. I dont have pancard. what i will do? i cant transfer my balance also. Please help me.
@shine
You must have a PAN card number if you are an Indian paypal user.
Hi Mayur !
I have an account in paypal and i am using it very well !
But right now i am having an problem when i recently add my new icici bank account, i withdraw fund from paypal to my bank account but i can not get it , i processed it before 5 days !
usually i get my amount in 2 to 3 days in SBI ! is there a way to send small deposits like i did before for my SBI bank account to get confirmed !!
Please advise
thanks
@deepak
When you process a bank withdrawal request on paypal, it gives you an estimated date of withdrawal which is normally 7-10 days after the date of withdrawal. Most of the time, the payment is in the bank account before the estimated withdrawal date, but sometimes it take full 7-10 days. Also, there is a weekend in between. So, I guess, you will get the money on Monday or Tuesday.
If you don’t get the money in your bank account by the estimated withdrawal date, then contact paypal support.
Please help me by answering my question about paypal verification via bank accounts. After the process, where should I check my bank account? Will the amount sent by paypal appear through text or should I log in to my bank account via online banking to check it? Thank you in advance.
@LOPER
You can see the amount both in your physical bank statement, sent to you on paper, or in your online bank statement.
Bank account verification is best way for Indian’s. It working and i verified my account by this method
Hey is there any way I can verify my paypal acc in the us without credit card or bank acc?
@Mohammed
I don’t think so. You either need a bank account or a credit card to verify the paypal account.
ya it worked for me too..
thanks..
I have an Indian bank debit card(maestro) but when I entered my card details into my paypal account its showing invalid card number?
@san
Debit cards are not accepted on paypal.
How to add my sbi debit card to paypal and how to verify? Plz tell me!
@jagadeesh
Debit cards are not supported by paypal.