List of Purposes/Purpose Codes for PayPal in India

We all know that from now onwards we have to Enter/Select Purpose Code/a Purpose before we can withdraw money from PayPal here in India.

The Good NEWS is that we don’t have to Apply for IEC Code (as assumed earlier). This post features List of Purposes as well as various Purpose Codes, which we have to use if we want to withdraw money from our PayPal Account!

Recently PayPal Resumed Local Bank Withdrawals in India, but now everytime while withdrawing money from our PayPal Account to any Indian Bank Account, we all have to select a Purpose before we can put a withdrawal request.

List of Purposes to be Used with PayPal

As shown in the following list, we have to select Any One Purpose before we Submit our Withdrawal Request to PayPal:

paypal purpose codes

Make sure that the information provided by you is complete and correct, otherwise the Amount will return back to your PayPal Account deducting Bank Charges (if any) and PayPal Fees (Login Required to view this Link)

While withdrawing Money, PayPal allows you to Select your Purpose from the Drop Down Menu, but following is a list of all Purpose Codes which is useful for us all (as taken from New Bank Withdrawal Instructions for Customers of PayPal in India):

purpose codes paypal

If your Purpose/Purpose Code don’t appear in the lists above, you have to Contact PayPal for further information.

Visit New Bank Withdrawal Instructions for Customers of PayPal in India for more information on this or Contact PayPal

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List of Purposes/Purpose Codes for PayPal in India

List of Purposes to be Used with PayPal

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