Well I am 100% sure that almost everyone of you have waited for Paytm Wallet Transfer and Money Transfer options as they were stopped few days ago.

There is a good news and a bad news for you now. Good news is that paytm has re-introduced paytm wallet transfer and bank transfer options and the bad news is that there are now many restrictions imposed on it.

 paytm wallet transfer

Few Updates -

>> These facilities won't be available to everyone now as it used to be earlier. You need to apply for Wallet Transfer and Bank Transfer options now

>> Paytm will review your application within 48 hours and approve/disapprove your request

>> You can now do a maximum transfer of Rs 1000 per transaction

>> You can perform maximum 3 transfers per day.

Well these were the new updates. Now let us learn how to apply for these facilities

Activation of Wallet Transfer

1. First of all Type “SM”  without quotes and Send it to "53030" from your Paytm Registered mobile Number.

2. Your Number will be charged Rs.3 for this SMS

3. Within 5 Minutes, You will get a confirmation Message regarding activation of your wallet transfer service

>> Kindly note that you will need To wait few hours before it gets fully activated.

4. Now ask your Friend to do the same process from whom you want to receive money or send money

5. That's it !! Now you can send and receive money to or from your friend :)

How to activate Bank Transfer ?

1. To Activate Bank Transfer Feature - Type "TMB" without quotes & send it to 5303 from your Paytm Registered mobile Number.

2. You will Be charged Rs.3 for this SMS

3. Wait for some hours before this feature gets activated

4. After complete activation (48 hours), your Paytm Account will be able to transfer money to your Bank Account.

So enjoy paytm transfer facilities again although with some restrictions !!