Top 10 Indian Banks Which Supports Paypal
PayPal Holdings, Inc. is considered as an American company, which operates worldwide online payment system. It is a fast and safe way to make transaction or do shopping cashless. This service is available in 202 countries. Through which you can purchase any goods from international stores right from your home. This service provides Buyer Protection. Millions of people depend up on this system. To enjoy this service you have to open a Paypal account and link an Indian bank account to it. There is no charge for opening a Paaypal account. Here we are introducing top ten Indian banks which support Paypal. Check out our list.
1. ICICI Bank
ICICI Bank is well known Indian multinational bank as well as a financial services company, which was founded in 1994. It is located in Mumbai, Maharashtra, India. This bank provides various kinds of financial services and banking products. It also offers a Paypal service through the Debit Card of this bank. This service will help the user while shopping from other countries and this is safe.
2. Axis Bank
Axis Bank is considered as the third largest private-sector banks in India, which was founded in 1993. It headquarters in Mumbai, Maharashtra, India. This bank won IBA Banking Technology Awards 2015 for ‘Best Payment Initiatives’. The Axis bank user can transfer funds online from the account via Paypal service with the help of Debit card/ Credit card of the bank.
3. Kotak Mahindra Bank
Kotak Mahindra Bank is considered as an Indian private sector bank which was founded in 1985 by Uday Kotak. It headquarters in Mumbai, India. Kotak Mahindra Finance Ltd., which received banking license from the Reserve Bank of India (RBI) in 2003. For online international transactions, the holders can use Kotak Jifi account with EMV chip based international Debit Card (VISA) with the help of Paypal service.
4. HDFC Bank
HDFC Bank is known as an Indian banking and financial services company, which has now become the largest bank in India 2016 by market capitalization. It headquartered in Mumbai, Maharashtra. The bank was founded in 1994. The bank provides chip based Debit or credit cards, through this account holders can use the Paypal service. The most safe and easy way to make transaction is to use HDFC Bank Standard International Debit Card/ Platinum Chip Debit Card.
5. SBI Bank
SBI Bank is considered as an Indian multinational, public sector banking as well as a financial services company, which is located in Mumbai, Maharashtra, India. There are 293,469 employees are working here. It is a government owned corporation bank for the country. For shopping needs, the Credit card holders of this bank can use the Paypal service.
Citibank was founded in 1812. This Indian private sector bank headquartered in Mumbai, Maharashtra. The bank is a subsidiary of Citigroup which is located in New York City, United States. The bank is considered as a consumer division of Citigroup. There are about 15 million of people used its online services. The bank provides debit card and credit card. Besides, this bank is linked with the Paypal service for various online transactions.
7. Union Bank of India
Union Bank of India is considered as one of the largest government-owned banks of India, which was established on 11 November 1919. The bank headquarters in Mumbai, India. In 2015, there are 36377 employees were working in this bank. Its account holders can make international transactions and payments through Paypal service. The account of this bank is linked with Paypal, for shopping or anything.
8. IndusInd Bank
IndusInd Bank is an Indian new generation bank, which was established in 1994. The bank is located in Mumbai. Srichand P. Hinduja is the founder of the bank. This bank provides electronic banking products and services, commercial transaction etc. It is specialized in retail banking services with the latest technology. Its customer can use Credit/ Debit cards to utilize the Paypal service for online international transactions.
9. Standard Chartered Bank
Standard Chartered Bank is a British multinational banking as well as a financial services company, which was founded in 1969. The bank is headquartered in London. It receives international card transactions via Paypal. Those services can utilize with the help of its Credit and Debit cards. There are approximately £15 billion of market capitalization on 20 January 2016.
10. Federal Bank
Federal Bank is a well known and major Indian commercial bank in the private sector, which was founded in 1945. The bank headquartered at Aluva, Kochi, in the state of Kerala. The bank is linked with the Paypal system. So its account holders can use the Paypal service by using Debit cards or Credit cards. There are 1252 branches spread across 24 states.