How to Withdraw Money from Phone Pe Wallet to Bank Account?

Transaction has become very easy with Phone Pe application. Whether to transfer money or online shopping, this app works in one click. But on many occasions this app also becomes a people’s headache. Because many times users can not remove them by withdrawing in e-wallet Phone pe wallet). That is why today we are writing this article to help those users, in which we will tell you how to transfer money from PhonePe Wallet to Bank Account? complete information!

Actually, this is due to KYC not being verified or technical flaws. If you have transferred the amount to PhonePe Wallet by mistake or for any reason, you can transfer it back to your bank account.

What money will transfer from PhonePe Wallet?

If you have transferred money from your account to the phone pe wallet, only then you will beable to withdraw. Would not be otherwise. Like,

  • If there is any kind of cashback, then it cannot be withdrawn.
  • Nor can you transfer it to your account.
  • That is why it would be good for you to pay your daily work or shopping bills with cashback money.

And if you have transferred your bank account to phone pe wallet money, then you can withdraw your money back into your bank account.

It is also necessary to complete KYC:

If you have not completed your KYC on PhonePe app, it can be difficult for you. Because without giving details of all documents (like Aadhaar and PAN card) you will not be able to use all the features on this app.

How to transfer money from Phone Pe Wallet to Bank Account?

Transferring money from phone pe wallet to a bank account is not easy, for this you should carefully follow the steps given below by screenshot.

step 1:

  • First open the phonepe app on your phone.
  • Now click on PhonePe Wallet in the bottom My Money then wallets / gift vouchers.

Step 2:

Now click on the question icon (?) In the top right.

Step 3:

Now how do I close my PhonePe Wallet? Choose the option.

Step 4:

Now read it carefully and agree, then click on the Close Wallet button.

Step 5:

  • Select Withdraw wallet balance.
  • Click on Confirm & deactivate wallet.

Step 6:

Click on Deactivate wallet.

Step 7:

Click on Final Done.

enough. Now in a while, whatever balance was in PhonePe Wallet will be transferred to your bank account.

Note: – Remember, you cannot use it again after deactivating Phone Pe Wallet.

If you need more money then you can call the toll free number 0124-6789-345 by phone. From 7 AM to 11 PM you can report your complaint on this.


In this way you can easily withdraw / transfer money from your phone pe wallet to your bank account. But you should also know that you can do this only after disabling the wallet on the phone.

Hope you have liked the information given in this article. If you still do not understand anything, then you can ask in the comment section below.

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