How to do Self Transfer in PhonePe?

Self transfer in phonepe

Phonepe is a platform that is universally recognized as UPI (Unified Payment Interface) platform. This platform lets the user quickly transfer their money with just a tap.

With the Phonepe app, anyone can transfer their money from anywhere in the world to any corner of the world.

To transfer money from Phonepe, the user requires the other person’s Phonepe registered mobile number or their registered UPI ID. 

To start the process of transferring your money from PhonePay wallet to the self bank account the process is as follows: 

Steps to do Self Transfer via PhonePe:

Step 1: Initial step is to start the PhonePay app. In case the PhonePay app is not installed on your smartphone then you can install it from the App Store or Play store. 

Step 2: To initiate the process of transfer you have to tap on the transfer money option on the homepage of the app. 

Step 3: Click on Transfer money to the self account to transfer the money. 

Step 4: For the further process you have to choose the bank to which you want to transfer the money. 

Step 5: After choosing the bank, make sure to insert the bank details such as Bank account number, IFSC code, Bank account holder’s name, etc carefully. 

Step 6: Now check your already linked bank account that is connected with your PhonePay account. 

Step 7: Insert the amount that you want to transfer and click on send. 

Step 8: After clicking the send button the app will redirect you to the UPI PIN page where you have to insert your PIN carefully and click on proceed. 

Step 9: As soon as you click on Proceed your amount will be successfully transferred from your PhonePay wallet to your bank account.

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