How to Withdraw Money From PostPe? No Charges

So, you want to withdraw your PostPe limit without any charges. Well, you have come to the right guide. In this article, you’ll learn how to withdraw money from PostPe without giving any charges.

PostPe is a BNPL service that offers up to ₹10 lakhs of instant credit limit. You can use this credit balance for various online and offline transactions, including shopping, food orders, recharges, and bill payments.

But sometimes if you need cash, then it is obvious that you will think of transferring your PostPe money to your bank account. In this article, we have explained the complete step-by-step process.

So, let’s dive into this article and learn how to withdraw money from PostPe.

How to Withdraw Money From PostPe Without Charges (2 Methods)

PostPe allows you to transfer your credit limit to a bank account, but it charges 2% of the amount to be transferred. Suppose, you wanna transfer ₹2,000 from PostPe to a bank account, then it will charge ₹40 from you.

So, transferring money from PostPe to a bank account might not be affordable for everyone, because it charges high for bank transfers. Now, it comes to how you’ll withdraw your PostPe money without giving any charges.

Well, there are two other methods that you can use to withdraw your PostPe money with 0% charges. The first one is scanning a BharatPe merchant QR code, and the second one is using the FASTage recharge option.

These are two 100% working and effective methods. So, let’s see how to withdraw money from PostPe by using these methods.

Method 1: Scan a BharatPe Merchant QR

how to withdraw money from postpe
Picture Credit: Freepik

To withdraw your PostPe money by scanning a BharatPe QR code, you need to have a BharatPe merchant account. If you don’t have then no problem, you can scan a merchant’s BharatPe QR and pay the amount.

Once you pay the amount, ask the merchant to send back the money. But it’s frustrating because you can do this only if the merchant is your friend or known. So it is better if you have your own BharatPe merchant QR.

It takes only 2 minutes to create an account in the BharatPe merchant app. So if you don’t have then create one.

So we’re not talking about it anymore, now we’ll go through the steps to withdraw your PostPe credit balance by scanning your BharatPe merchant QR code.

Step 1: Open the BharatPe for Merchants app and register on it with your mobile number.

Step 2: Tap on the Payments section located at the bottom of the homepage and activate your QR.

Step 3: Once you activate your BharatPe QR, send this QR to another phone so that you can scan it through your mobile.

Step 4: Now open the PostPe app on your mobile and scan the QR code.

Step 5: Enter the amount you want to transfer and complete the payment.

Step 6: After that, again go to the BharatPe app and tap on the Payments section.

Step 7: There you will see the amount you have transferred from PostPe.

Step 8: Now transfer this amount from your BharatPe account to your bank account without any charges.

That’s how you can withdraw money from PostPe without any charges, but it doesn’t mean that you can make QR payments as much as you want without any charges.

PostPe charges for making QR payments. Look at the table below to know the amount of charges applicable for QR payments.

Monthly QR PaymentsConvenience Fee
₹1 to ₹2,500₹0
₹2,501 to ₹5,000₹0
₹5,001 to ₹10,000₹125
₹10,001 to ₹20,000₹250
₹20,001 to ₹30,000₹500
Above ₹30,000An additional charge of ₹200 for
every increment of ₹10,000

Tip: To avoid any charges, make QR payments of up to ₹5,000 through your PostPe credit balance.

Method 2: Use the FASTage Recharge Option

how to withdraw money from postpe
Picture Credit: Freepik

Now let’s see how to withdraw money from PostPe by using the Paytm FASTage recharge option. Since you’ll use the Paytm FASTage recharge option, it is obvious that you need to have a Paytm FASTage account.

If you don’t have a Paytm FASTage account then create one. But if you’re already using Paytm FASTage, then follow the steps given below.

  • Open the PostPe app and tap on the Utility Bills section.
  • Scroll a bit and choose the FASTage recharge option.
  • Search for Paytm FASTage and enter your vehicle number.
  • Now enter the amount you want to transfer and proceed to pay.
  • Once you pay the amount, open Paytm and go to the wallet section.
  • There you’ll see the amount transferred to your Paytm wallet.
  • Now transfer this amount to your Paytm wallet to a bank account.

Where Can You Use Your PostPe Credit?

If you are a user of PostPe, then you definitely know that PostPe provides a BNPL card which is almost similar to a credit card. You can use this card to spend your PostPe credit balance.

Since the PostPe card is powered by Visa, you can use it wherever Visa card payments are accepted. As per some reports, more than 80% of merchants in India accept payments made with Visa debit and credit cards.

So, you can rest assured because you can use it at almost every merchant, no matter whether you’re making online or offline payments.

Moreover, you get a recharge and bill payments section on the PostPe app. That means you can make bill payments on the PostPe app not only with your PostPe credit limit but also with UPI and cards.

And interestingly, if you pay your credit card bills on PostPe through UPI, you’ll get 0.4% of the bill amount as cashback. But if you pay your credit card bills through your PostPe credit limit, then you’ll be charged 2% of the bill amount.

In simple words, the PostPe card can be used wherever Visa payments are accepted. You can use it for shopping, bill payments, food orders, payment on delivery, fuel purchases, grocery purchases, and more.

Bottom Line: How to Withdraw Money From PostPe/

It is very easy to withdraw money from PostPe, but transferring money from PostPe to a bank account without charges is a tricky process. However, we’ve shared the complete step-by-step process in this article.

If you have read this article, then you know how to withdraw money from PostPe. We talked about the two ways to withdraw money from PostPe – scanning a BharatPe QR and recharging Paytm FASTage.

Most interestingly, these two methods are 100% working and don’t charge any convenience fee. Hope this article is helpful to you.

Frequently Asked Questions

Q. What are the PostPe to bank transfer charges?

PostPe charges a 2% convenience fee if you directly transfer money from PostPe to a bank account using the Bank Transfer option in the PostPe app.

Q. Can I pay my PostPe balance to any merchant QR code?

No, you can’t scan and pay to any merchant QR code using PostPe. Since PostPe is powered by BharatPe, it only allows you to scan a BharatPe merchant QR code for payments.

Q. Why is PostPe not showing my credit balance?

There can be various reasons why PostPe is not showing your credit balance. Maybe you’re not making repayments timely. You can contact PostPe customer support to learn about it.

Share this post

Leave a Comment