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PayPal Holdings, Inc. is a US based company that operates a worldwide online payment system. By using services of Paypal, Online money transfers are served as electronic alternatives to usual paper methods like cheque payments and money orders. PayPal is one of the largest Internet payment companies of the World. Paypal operates as an acquirer, it performs payment processing for online vendors, a huge number of auction sites and other commercial users, for which it charges a fee. In previous article we discussed about the process to add postal address in PayPal and to change postal address in Paypal . The reason you have landed on this page is to link or add your Bank Account in PayPal Account. Today, we will tell you how to add Bank Account in PayPal Account.
How to Add Bank Account in PayPal ?
Let’s begin with the Step by Step procedure to add bank Account in PayPal.
1) Opening the Paypal Website and Signing into Paypal Account
First of all you need to open the PayPal Website (https://www.paypal.com/). Enter your Credentials(Email Address and Password) to login to your PayPal Account.
2) Proceeding to Account Overview
As soon as you login to your account, at the bottom of the screen you will find a button which says ‘Proceed to Account Overview’. Please click on this button.
3) Opening the PayPal Profile
Now you need to click on the Gear Icon at the top Right of the Screen(Just besides Log Out). This will open your PayPal Profile.
4) Proceeding to Add Bank Account in PayPal Payment Methods
Click on ‘Payment Methods’ from the Top Menu and you will be redirected to another page.
5) Linking/Adding Bank Account in PayPal Payment Methods
In order to link a Bank Account to your PayPal Account, you need to click on +Link a Bank Account under Bank Accounts.
As soon as you click on +Link a bank account, a new page will appear where you will be asked to Enter you Bank Account Number and IFSC Code (As Shown Below). Your Name must be same as that on your PAN Card. If it is different from that on PAN Card, please click on Edit link besides Name. 
Also put a tick mark on the box corresponding to ‘Designate as auto-withdraw’. This will enable automatic transfer of funds to your Bank Account.
Click on Continue.
6) Confirm your Bank Account
Once you have completed adding the bank account details, Paypal will send 2 small deposits in your bank account. After receiving these 2 small deposits (Usually takes 24 hour to receive two small transactions), you need to login to your PayPal account, click on verify at top and enter the amount to complete verification of your Bank account and to link Bank Account in PayPal.
This is the Complete process to add Bank Account in PayPal. If you have any doubts or queries, you can leave you comments below.
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