How to transfer money from paytm fuel wallet to bank account in 2023

There are two type of wallets are available in Paytm App i.e. Paytm Wallet and Paytm Fuel wallet. Do you know how to transfer money from paytm fuel wallet to bank account.

If you have cashback money in your paytm fuel wallet and want to transfer this amount in your bank account then here you will find step-by-step procedure to transfer money from Paytm fuel wallet to bank account directly.

What is Paytm Fuel Wallet?

We know that Paytm is the most popular UPI payment app working in India that gives small money back to their user in the form of cashback. Hence, people are using Paytm to get cashback more and more. 

The cashback is credited in Paytm Wallet as well as Paytm Fuel wallet.

People want to transfer this cashback from wallet to their bank accounts.

Paytm offers the facility to transfer money from paytm wallet to bank account but not from paytm fuel wallet to back account.

Here I am going to share a simple and working method for trnasfer amount from paytm fuel wallet to bank account.

How to transfer money from paytm fuel wallet to bank account?

Paytm Fuel wallet is a wallet account similar to paytm wallet. It is always associated with paytm wallet. Only cashback amount is credited in Paytm fuel wallet.

A step-by-step procedure to transfer money from paytm fuel wallet to bank account. just follow the below process and enjoy money transfer paytm fuel wallet to bank account in 5 minutes.

• First of all, you have to create a business account in Paytm business app. It is available free at Google Play Store for android users and App store for iphoen users.
• Download Paytm Business application from google play store of App store.
• Create an account by using your business details.
• After successful creation of business account you have to generate QR code.
• Now scan Paytm business account QR code from another paytm account in which paytm fuel wallet is available.
• Change payment method as Paytm wallet.
• Here you can see, Paytm wallet shows whole amount including Paytm wallet amount and Paytm Fuel wallet amount.
• after completion this transaction paytm fule wallet amount will be transfer into back account associated with another Paytm business account directly.

Where I can use Paytm Fuel wallet amount?

Paytm fuel wallet amount can be used for oil and fuel related transactions.

You can use paytm fuel wallet money at various petrol pumps.

Just visit your nearest petrol pump and make a transaction at petrol pumps using your paytm fuel wallet amount.

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How can I check my Paytm fuel wallet balance?

First of all, open Paytm app on your mobile phone and login it using user id and password.

Click on paytm wallet option which is available on home screen of paytm app after login.

You will find paytm wallet balance in front on your eyes on screen.

Now click on the dropdown button of paytm wallet balance, you will find there different balances. 

First balance is the paytm wallet balance. Second balance is the paytm fuel wallet balance and third balancd is the gift vouchers balance.

Check how much balance is showing into your paytm fuel wallet right now by following above steps.

FAQs

Question 01- Can I pay at petrol pump with paytm fuel wallet?

Answer- Yes.

Question 02- Can I transfer paytm fuel balance into my bank account?

Answer- Yes, you can easily transfer paytm fuel wallet balance in your bank account by following steps which is explained into this post.

Question 03- Paytm Fuel wallet to bank transfer is free or chargeable? 

Answer- Paytm fuel wallet to bank transfer is totally free. Paytm does not charge for it.

Questuon 04- How can I add money in my paytm fuel wallet?

Answer- Amount received from cashback is credited in Paytm fuel wallet. You cann't add money directly to your pautm fuel wallet.

Question 05- Is paytm fuel wallet balance expire?

Answer- Yes, fuel wallet balance has an expire date. After expiration, you can use your fuel wallet balance. 

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