paypal_logo PayPal is a great service to make and receive payments worldwide. But it has been recently facing many problems with Indian RBI rules and regulations. Unverified PayPal accounts have some transfer and withdrawal limits. India Banks being recently hit by the worldwide recession have stopped offering new credit cards to customers, thus some fresher’s in online banking are unable to verify themselves over PayPal.

Whenever you click on “Get verified” button, PayPal asks you to enter you credit card information. It is likely that not all everyone has credit cards as they are not so easy to obtain in India at this particular time. Or some users will not feel comfortable entering raw credit card numbers over the internet.

  • To confirm a PayPal account an alternative way which usually go un-noticed is linking any Indian bank account.
  • Simply login to your PayPal account click on “Add/Edit Bank Account” and fill in the bank details it requires. If you are unsure about any of the fields specified there, give a call to your Bank Branch and get it from them.
  • When you are done with it, PayPal will soon transfer two very small amounts via NEFT to your account in next 2 working days.
  • Next step is to enter the exact amount PayPal transferred to your Bank Account. Make sure you enter them exactly as they appear in your Bank Statement.
  • And you’re done.

This not only verifies your Bank Account with PayPal but even your accounts limits get lifted as your PayPal account also gets verified without entering your credit card information. The good thing is if you have enabled for Internet Banking facility for your Bank Account. You can check the statements and verify instantly as the transfer is made.