Credit card to ppf account

[ramandeep]

Is there a way to add money to ppf account through credit card?

 

[SiddharthR]

Is there a way to add money to ppf account through credit card?

BharatNXT but not via ur Credit card

 

[ramandeep]

BharatNXT but not via ur Credit card

So there's no way through cc or can be done through rupay cc?

 

[Walter White]

So there's no way through cc or can be done through rupay cc?

Only NPS accepts CC

 

[ramandeep]

Only NPS accepts CC

Ohh okay, just wanted to confirm the min amount to keep ppf account active is rs 500 in a financial year right?

 

[Walter White]

Ohh okay, just wanted to confirm the min amount to keep ppf account active is rs 500 in a financial year right?

Yes

 

[SiddharthR]

So there's no way through cc or can be done through rupay cc?

Only NPS payment can be done with Rupay Credit Card (with Credit Card on UPI)

 

[Walter White]

If you want to transfer PPF via credit card, use Payzapp trick. Transfer the amount to bank account of someone with an income below the taxable slab and then use that amount to pay for PPF.

 

[RupayMan]

If you want to transfer PPF via credit card, use Payzapp trick. Transfer the amount to bank account of someone with an income below the taxable slab and then use that amount to pay for PPF.

But how much we can transfer on a daily basis? if someone wants to transfer 1.5L ?

 

[Walter White]

But how much we can transfer on a daily basis? if someone wants to transfer 1.5L ?

15-20k each day on an average

 

[Walter White]

15-20k each day on an average

Also, Paytm has a 25k monthly cap on wallet to bank transfers.

 

[RupayMan]

Also, Paytm has a 25k monthly cap on wallet to bank transfers.

Is it? Never knew this rule. Thanks

 

[RupayMan]

Also, Paytm has a 25k monthly cap on wallet to bank transfers.

Is there any other way we can transfer above 25k?

 

[Walter White]

Is there any other way we can transfer above 25k?

Never even tried 25k. So, not sure. @Abhishek012 might have the answer to it.

 

[TheMentalist]

Also, Paytm has a 25k monthly cap on wallet to bank transfers.

Is it? Never knew this rule. Thanks

Not true.. 1L (maybe 2L) for Full KYC users
@Abhishek012

 

[Walter White]

Not true.. 1L (maybe 2L) for Full KYC users
@Abhishek012

Copied from Paytm website:

How much money can I send to my bank account from my wallet?

KYC users can send up to Rs.25,000 from their wallet to Bank account every month.

 

[anirban.choudhuryanirban.choudhury is verified member.]

Only NPS payment can be done with Rupay Credit Card (with Credit Card on UPI)

Nps tier 1 can be done using any credit card

 

[SiddharthR]

Nps tier 1 can be done using any credit card

That I know, but Credit Card on UPI with any rupay card is free, whereas pg charges are there for any other card if done via payment gateway.

Does tier 2 also have UPI Id?

 

[Abhishek012]

Copied from Paytm website:

How much money can I send to my bank account from my wallet?

KYC users can send up to Rs.25,000 from their wallet to Bank account every month.

you can transfer upto 2 lakhs for full kyc paytm users.

@Balavengat

 

[RupayMan]

you can transfer upto 2 lakhs for full kyc paytm users.

@Balavengat

Really, There they mentioned Kyc users can send upto 25k? Is that per transaction then?