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Withdraw INR from your WazirX account - Process & Time taken

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Akshay


You can withdraw INR from your WazirX account and move it to your linked Bank account. To withdraw INR from your WazirX account, follow the steps below -

Desktop iOS Android
  1. Click on Funds in the top bar 
  2. Under Indian Rupee, Click on the Withdraw button
  3. If you have already linked your Bank account, this step will be skipped. If not, Link your bank account by entering your Bank details. (Read more - Adding your Bank Account details to WazirX)
  4. Enter the Amount & Optional Remarks and tap Withdraw.
  1. On the Home Screen, Tap on the Funds tab
  2. Tap on Indian Rupee, Tap on the Withdraw button
  3. If you have already linked your Bank account, this step will be skipped. If not, Link your bank account by entering your Bank details. (Read more - Adding your Bank Account details to WazirX)
  4. Enter the Amount & Optional Remarks and tap Withdraw.
  1. On the Home Screen, Tap on the Funds tab
  2. Tap on Indian Rupee, Tap on the Withdraw button
  3. If you have already linked your Bank account, this step will be skipped. If not, Link your bank account by entering your Bank details. (Read more - Adding your Bank Account details to WazirX)
  4. Enter the Amount & Optional Remarks and tap Withdraw.

How much time will it take for the withdrawal to reflect in my bank account?

Instant withdrawals are processed near instantly

NEFT withdrawals are normally settled within a couple of hours during banking hours. Depending on which bank you have an account with, the funds should be credited to your account within 72 hours.

Please try and avoid contacting the support team unless your withdrawal has not been reflected for more than 72 hours.

Can I withdraw my money from WazirX account to someone else's bank account?

No. The withdrawal will only happen to the Bank account that you have linked to your WazirX account. The name on the Bank account that you link MUST match the name on your WazirX account.

Which banks are supported?

Withdrawal can be done to any bank account which is registered under the same name as per your KYC on the WazirX account and IMPS and NEFT modes should be available in that bank account.

Is there a Withdrawal fee and minimum/maximum withdrawal limit?

Yes, in order to process the withdrawals near-instantly we use Payment processors to whom the fee is paid

Instant withdrawals: 10 INR/withdrawal inclusive of all taxes

You can withdraw up to 5 Lakh INR per day with a maximum limit of 1 Lakh INR per transaction

The minimum withdrawal limit is 20 INR per transaction.

Can I withdraw less than 20 INR?

The minimum withdrawal limit is 20 INR. Hence you can’t withdraw below 20 INR.

Do follow us on Twitter (@wazirxindia) and join the WazirX Telegram channel (https://t.me/wazirx) for the latest updates & announcements about WazirX.

 

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