How to make PayPal in India? Paypal India

People like freelancers or someone who often receives payments from different countries need to have a PayPal account. PayPal is an international service available in more than 200 countries that helps you to receive money online and transfers it to your bank account directly. However, not all of the bank debit cards or credit cards work with PayPal. Paypal only works with Visa cards, MasterCard, Discover and American Express. Maestro Debit cards or Rupay cards are not accepted by PayPal in India. Here is a list of some of the major banks whose cards are accepted by PayPal:

  • ICICI Bank
  • HDFC Bank
  • Axis Bank
  • IDBI Bank
  • Kotak Bank
  • Indian Bank
  • State Bank of India (SBI)

However, the debit cards issued by Punjab National Bank, Karur Vysya Bank, State Bank of Hyderabad, State Bank of Travancore and State Bank of Mysore will not work with Paypal. As the cards are default disabled for international payments. However, you can talk to your bank about this.

Adding An SBI Debit Cards to PayPal Account:

SBI Debit cards are disabled for international transactions by default to prevent fraud and misuse. So before adding your debit card its good to ask your bank to enable international transactions. In some cases, you may need to write an application to your bank with your bank to allow PayPal transactions.  If you have an International SBI Debit card then it might work without the need for an approval. However talking about the easy way it’s better to have a bank account with private banks like ICICI and HDFC Banks. These are the banks that provide better customer service also they care about your needs.

To make a PayPal account here are the steps that you can follow:

  1. Visit the PayPal Signup Homepage by visiting
  2. At the upper corner, you will find the sign-up button click on it.
  3. On the next page,  you have to choose between a business account and the individual account.
  4. Choose a Business Account only if you are registering it as a proprietorship.

However most of the users like to choose an individual account, you can upgrade to a Business account later. Just in case if your business grows you will always going to have the chance.

Coming to the form, after choosing the account type you have to give personal information over here. Such as full name, address and mobile number.

Then click on the Agree and Create Account Button.

Now here you have to add the debit card details so add them and you are good to go. In the next page, you have complete 4 steps to receive and send money overseas.

Provide Pan Details: Yes you will need a pan card. As PAN card is checked with government records to ensure that the information is accurate.  Also, do not try to provide a fake account as it will ban your Paypal account permanently.

Confirm Your Email: You can not process further without confirming the email. Also, this is one of the easiest tasks to complete.

Link Your Bank Account: Without adding bank account to your Paypal account you can process further.  Also, do not consider it as a scam. Paypal is a trusted company used by millions of people.

Purpose Code: The purpose code is used to determine the nature of business for which you are receiving payments into your bank account. There will be so many options so you do not have to worry about that.

Talking about the limitations, always remember one thing that you can not use the received amount directly for online transactions. At first, the money will be credited to your bank account then only you can use the money.

Also, you can not pay Indians via Paypal because of RBI restrictions. Paypal is only meant for international transactions.

Account Opening charges:  Well its free to create a PayPal account. However, whenever you purchase something online you have to pay a little conversion fee for foreign currency transactions. As well you do not have to pay any monthly renewal charges for PayPal. Paypal basically charges 4.4% of the total sale price plus the US $0.30 on all the transactions. So if you have received around $100 on PayPal, you will get $95.7 in your bank account.

What is PayPal purpose code?

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Well, to receive payments via PayPal you will need a purpose code. The purpose code is issued by Reserve Bank of India for all the PayPal users. There are so many different categories some of them are Journalism, IT, Licensing of Creative Works, Travel, Exports and Other Services. You can select any of the options without any issues.

Minimum Withdrawal and Payment Limits for Indian Users:

You can withdraw your PayPal money from your account for free.However, there is a return fee of Rs 250 charged if your bank account information provided is not correct and the amount. The amount will be sent back to the PayPal account by the Indian bank. There is a limit of US$ 10,000 per transaction for receiving payments for Indian Account holders. This limit is not valid for International users. Just in case if you need an account with no limits. You can simply ask your relatives living abroad to open an account on your behalf.

PayPal as a Payment Gateway:

Paypal became one of the top payment gateways for most of the startups and E-commerce websites in India. are yet to start accepting PayPal. However, not all of the startups are not using the PayPal gateway. That is why PayPal has tied up with OYO rooms to expand its services in India.

Toll-Free Customer Care Number :

If you are a PayPal user and having issues with the PayPal account. You can call them directly at

1-800-212-3852 from 9:00 am to 9:00 pm and they will solve your issue as soon as possible.


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