Paypal offers Withdraw Funds directly into Indian Banks

[megri]

Paypal just offered another excellent feature to become a leading payment processor in india by adding directly funds withdrawal option in indian banks which previously was just limited to US banks. Currently only 2 countries ie US and India are allowed to use this feature as far as i know from the withdrawal page of paypal.

Just checked my paypal account and found that paypal has increased the monthly withdrawal limits for everyone. Previously the limits were just 2500USD/month but now its increased to 20000USD/month may be because of some RBI notifications.