How to transfer funds using Quick Bank Transfer via NEFT/IMPS for Paytm Payments Bank users?
Updated
Follow the process below for a step-by-step guide to add funds in your CoinDCX wallet using the Quick Bank Transfer option:
1. Select Quick Bank Transfer
Log into your CoinDCX account, click on ‘Add Funds’ and enter the amount you want to transfer to your CoinDCX wallet
Click on ‘Select Payment Method’ and choose the ‘Quick Bank Transfer’ option
2. Login into Paytm (mobile web browser)
Log into your Paytm account through the mobile web browser (https://netbanking.paytmbank.com/)
Enter the registered mobile number and OTP
Enter your passcode and proceed
Select the savings account option to proceed
3. Beneficiary Details
You will be provided with unique bank details, to which you need to transfer the funds
Add this unique bank details as a beneficiary in your Paytm Payments Bank account. This is a one-time process only
4. Add Beneficiary on Paytm
Go to ‘My Beneficiaries’ on your Paytm account through the web browser
Select ‘Add Beneficiary’ and enter all the details as provided on the CoinDCX app to proceed
Provide the OTP received on your registered mobile number and submit
5. Transfer Funds To Beneficiary (CoinDCX)
On the Paytm Payments Bank, select the added beneficiary from ‘My Beneficiaries’
Initiate the fund transfer and select ‘Make Payment’
Enter the amount and select your preferred bank transfer (NEFT/IMPS) option and proceed to pay
Enter your passcode to make the payment
When it is successfully completed at the bank’s end, your funds will reflect in your CoinDCX wallet within 60 mins-24 hrs (NEFT) and 15-30 minutes (IMPS) as per banking standards