Today, I tell how to transfer PhonePe Wallet Money to Bank account. This method simple and no need to KYC. how to transfer money from phonepe wallet to bank account without KYC. PhonePe app trusted and one of the best apps transfer money using UPI method.
If you want to know How To Transfer Money From Phonepe account to other Bank Account then visit this link.
How to Transfer PhonePe Wallet Money to Bank Account
I am using PhonePe app last 16 months. this app as good as google pay. PhonePe app gives many cashback offers on transactions. But in this article, we all know How to Transfer PhonePe Wallet Money to Bank Account. In this article, I tell two methods to how to transfer money from phonepe wallet to bank account without KYC
1. Convert PhonePe cashback money into Gold
PhonePe provides one option to buy gold. This gold is digital gold. Digital gold buy by phonePe wallet as well as many other options like a bank, debit card and credit card etc. But we buy using PhonePe cashback money in our wallet. Follow some step and transfer your money into your bank account. how to transfer money from phonepe wallet to bank account.
- You download PhonePe app If you have already downloaded this app please update the latest version.
- Open PhonePe app and click on “My Money” from the main menu then click on “Gold” from the option “Wealth Management”
- Now you have to enter the cashback amount which you have in your PhonePe wallet and it will get converted into gold in grams.
- After that pay the amount via Phonepe cashback balance. Now You have successfully purchased gold from PhonePe cashback money.
- Now you can sell the gold after 24 hours of the purchase.
- Done! After cutting some GST it will be transferred to your bank account.
(Note: In this method “How to Transfer PhonePe Wallet Money to Bank Account” your some money will be deducted due to GST and market rate of gold.
2. Buy online product vie PhonePe wallet amount on Flipkart, myntra etc.
India’s best e-commerce website Flipkart is contracted with PhonePe for digit payment. So you easy to pay your PhonePe wallet amount online vie Flipkart and Myntra e-commerce website. how to transfer money in phonepe wallet to bank account.
- The first added item you want to buy from Flipkart or mantra
- Proceed to pay for your order.
- Choose ‘PhonePe’ from the listed payment options.
- If there is sufficient wallet balance in your PhonePe wallet, click on the Pay button to complete the transaction.
(Note: To transact via PhonePe you have to activate your PhonePe account at Flipkart and myntra. If you already have a PhonePe account just login with the registered PhonePe mobile number.)
Conclusion: I hope, in this article given information fulfil your needs. If not please leave a message in the comment box. You want to give any suggestion and advice please you most welcome in the comment box. Thanks for giving your valuable time, thanks for reading this article.