How To Setup Verified Paypal Account In India with Complete Details

Paypal,one of the most secure & easiest way to shop online,receive/send Payments without disclosing Your Financial status at all to anyone.It is Totally Free to use without any restriction,Its help You to Get Your earning to your bank account directly and If you are a blogger than You need a verified Paypal account in all case’s to get your earning’s to Your bank account but Major Problem is that, You can’t setup a verified Paypal account very easily in india as because of strict rules & Regulation of Paypal as per RBI’s instructions for Indian citizens.In this Post we would tell You,How you easily setup a verified paypal account in India.

Setup Verified Paypal Account In India

Things Required to Setup A verified Paypal account in India.

• One bank Account in any of the Indian banks.

• Permanent Account Number(PAN) Card.

According to RBI’s Instruction,

Without having a PAN card with the same Name & age as per register with any bank in india,Person will not be able to get his Paypal account verified.So if You don’t have PAN card number yet,Just apply for it online From Here.

Once You get PAN number,You could proceed to set up a Paypal Account.

Procedure To Setup Verified Paypal Account In India

First Goto Paypal website From Here & sign Up for An Individual Account with all details and Confirm Your account with your Email ID that you have provided at the time of sign up.

Note:At the time of Sign Up at Paypal,Which ever email Id you will provide,it Will be your paypal bank account ID.

So Now You have An Unverified Paypal account with limits.So To get it verified,You Need confirm these things,

1.Adding Your Bank Account In India

Just open Add a bank account option in Paypal and add all details of Your respective bank account like bank account number,IFSC code,branch etc.Well after Doing that,Paypal will send some small amounts in your bank account in india that you have provided within 3-4 working days.

Just get those small amounts details from your bank account and fill it in Paypal bank account Confirmation wizard and Now Your bank account is verified.

2.Adding PAN Card Number in Paypal Account

As we have Told You earlier,PAN card Number is mandatory to have a verfied paypal account,Just open ADD PAN option in your paypal account and add your 10 digit PAN Number and confirm it.

3.Adding Purpose Code

According to Indian regulations,You have to choose a purpose for your transactions (i.e. purpose code) which help the regulators in identifying the exact nature of your cross-border transaction.

So just chose any Purpose Coda In accordance with your Profession.

Well If you Followed each instruction properly,You Paypal bank account will get verified in just 3-4 days easily and after that you could add you MasterCard or debit card to send money to your paypal account and then shop on online with it and also you could receiver payments from online merchant which get transfer to your bank account in india.

Final Screenshot of My Verified Paypal Account

So what are you waiting For get Your Paypal account Now and start shopping online and receiving payment securly with ease.Stay tunned with us for more&more informative tutorials like this and don’t forget to like us on our official Facebook page.