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  • Category: General Questions

    How to transfer money from Phonepe wallet to bank or other wallets?


    Have some PhonePe wallet balance that you want to transfer to your bank or other application wallets? Know from our experts how to do so.

    I loaded around Rs.2000 to my Phonepe wallet while booking a train ticket but the same could not be used to book the tickets. The payment option every time showed there is not enough balance in your wallet to make the payment, although that was not the case. Still, I made the payment from another payment mode and booked the tickets.

    Now, the money loaded in the PhonePe wallet is stuck as I cannot transfer the same to my bank account or any other wallet. I tried using it on Amazon and Flipkart but both the platforms don't accept PhonePe wallet payment. I even tried using the same in offline shops but again I was disappointed as most of the shops do not accept PhonePe wallet payment.

    In other wallets like Paytm, Payzapp, and Mobikwik, I can easily transfer the wallet balance but the same is not allowed by Phonepe.

    Now, does anyone has any solution as to how I can transfer the PhonePe wallet balance to a bank account?
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    How to transfer money from my PhonePe wallet?
    1. On your smartphone, launch the PhonePe app
    2. Select 'My Money'
    3. Go to the Wallet/gift voucher section
    4. Tap on the option 'PhonePe Wallet'
    5. At the top of the screen, click the 'Withdrawal' tab
    5. Drop the wallet icon on your bank icon

    note: PhonePe Wallet users who have completed full KYC are eligible to use this service.


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