How to Create a Paypal Account In India

Paypal is the easiest and securest way to send and receive payments online.It is most used online money transferer in internet.If you want make money online in India then first thing you need is a Paypal account because most sites use Paypal to send payments.It is also called as online bank.I also created a Paypal account few days ago and faced many problems in creating account so after successfully creating a account today i am sharing an article with you to How to create a Paypal account India for free.

Requirements To Create A Paypal Account:

Working E-mail ID
PAN(Permanent Account Number) Card
Bank Account
Credit/Debit Card(Optional)

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Steps To Open Paypal Account In India:

Step 1: Open Paypal.com and click on Get Started button.

Step 2: Select your country and get started as individuals.

Step 3: Fill up the form completely and make you sure that your name is matching with your bank account name because you can't edit more than 2-3 alphabets after creation of account.If your bank account name is not matching with your Paypal account name then all your payments will be rejected.

Step 4: In this step you need to fill up your credit/debit card details.if you don't have credit/debit card then you can skip this step by clicking go to my account but by doing this you can only receive payments.You can also add the credit/debit card details later after the Paypal account is created.

Step 5: Now your Paypal account is created but this account is unverified.

Step 6: After completing all above steps you can receive money in your Paypal account but in order to transfer money to bank account you need to add bank account details in your Paypal account.

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How To Get A Paypal Account Verified In India:

In order to verify Paypal account you need to add a purpose code and a bank account.

Step 7: Add a purpose code Advertising and market research in your Paypal account.After adding a purpose code you will see a massage that you've successfully added a purpose code.

Step 8: Click on My account and then click on profile.

Step 9: Now click on add bank account and fill up your bank account details.

Name on Bank Account: Enter your First Name
Account Number: Enter Your Bank Account Number
Re-enter Your Account Number: Re-enter Your Bank Account Number
NEFT IFSC Code: Enter You Bank NEFT IFSC code.If You Don't Know NEFT IFSC Code You Can Easily Find It By Visiting www.IFSCcodebank.com 

Step 10: After filling the form click on continue button and then click on save button.

Step 11: Now Paypal will send two small payments(like 0.45 and 1.57) to your bank account within 5-7 days.

Step 12: When you receive these payments in your bank account go to Paypal.com and login with your account.

Step 13: Now click Get Verified link and there you will see two boxes enter those two amounts that are send by Paypal into your bank account.

Step 14: Now your Paypal account is verified and you can transfer funds to your bank account.

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From the Author:

Now your Paypal account is created and verified.All your payments under 10$ will be send to your bank account within 5-7 days and Paypal automatically convert US dollar currency into Indian rupees currency.You can also send and receive payments from one Paypal account to another Paypal account.So if you face any problem in creating and verifying then comment below or E-mail me at Khivaparam@gmail.com.