Transfer/Convert PhonePe Wallet Balance To Bank Account (Instantly)

So finally you found how to transfer/convert PhonePe wallet balance to bank cash. PhonePe app is very good for cashless transactions. PhonePe app offers us so many cashback with Scratch Card.

So with these offers we collect so many wallet balance. But with PhonePe does not allow to transfer the wallet balance to Bank Account.

phonepe cashback

Image Source: PhonePe

Transfer PhonePe Wallet/Cashback Balance To Bank Account

I will share you in this post how can you transfer your PhonePe wallet balance to your bank account. This is very easy to transfer Phonepe Wallet Balance than you think. I am sure you will able to Transfer your PhonePe wallet balance to Bank account after reading this post. So what are you waiting for lets read the post?

Also Read:

PhonePe CashBack and Scratch Offer

PhonePe offers scratch card for the first recharge, first bill payment. PhonePe also offers Scratch card for sending money to PhonePe. I will Show you how will you get a scratch card for sending money?

  • Download Phonepe app from here
  • Now enter your name, email, and bank registered number
  • Set a 4 digit pin
  • Now make a payment(Payment should be above Rs.100 to receive Rs.75 bonus)
  • You will get Rs.75(this offer is for the new user only)

How To Get Scratch card on PhonePe By Sending Money

  • Open the app and tap on a contact
  • Now make a payment above Rs.100
  • Now you will get a scratch card
  • Scratch the card and try your luck
  • You will get 10 scratch card every week

How To Get Scratch Card on PhonePe By Recharge/Bill Payment

  • Open the app
  • Tap on Recharge/Bill Payment which you want
  • Now Pay amount with your Card, Net Banking, UPI
  • Done You will earn a scratch card
  • Scratch the card and check if you win or not

With these offers, you will get so much wallet balance. But the problem is you cant do so much thing with your wallet balance. You can only recharge your Mobile, DTH, Bill Payment.

How To Transfer PhonePe Wallet Balance To Bank Account

  • Open the PhonePe App

phonepe wallet cashback

Image Source: PhonePe

  • Tap on My Money
  • Now tap on Gold

phonepe wallet

Image Source: PhonePe

  • Then tap on Safegold

Image Source: PhonePe

  • Enter the amount you want to buy

phonepe wallet cashback to bank

Image Source: PhonePe

  • Select wallet/ Gift Voucher
  • Now click on Buy
  • Now Wait for 24 hours
  • After 24 hours open the app
  • Tap on my money then tap on the locker

Phonepe cashback transfer to bank

Image Source: PhonePe

  • Now Enter the amount which you saw on the locker
  • Tap on SELL
  • Done your money will be credited on your bank account with the Selling amount. It will charge 3% GST.


Transfer Phonepe wallet to bank account trick is very much genuine and this trick is tested by me. So you can try this trick without any worries. So just try this trick.

If you have any doubt, query, question, feel free to comment below or contact us.


Subhrajyoti Mahato

I Subhrajyoti Mahato owner of DroidBaazar. I am a Blogger and Passionate about Blogging. I love to learn new things every day and share my knowledge.

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