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How to withdraw money from Paytm money mutual fund?

Paytm Money Account Opening

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You can withdraw money from Paytm Money Mutual Funds anytime and anywhere at your fingertips unless the mutual funds have any lock-in-period. Paytm Money also offers Insta redemptions wherein you can withdraw 90% of the investments daily capped to Rs 50,000.

Steps to withdraw money from mutual fund investments in Paytm Money:

  1. Log in to Paytm Money web/ Paytm Money app.
  2. Go to the Portfolio section.
  3. Select the Mutual Fund you wish to redeem from the Insta Redemption category or Mutual Funds options.
  4. Click on Sell.
  5. Enter the Sell amount or select on Withdraw all units.
  6. View the Exit charges and tax implications, if any, for your reference.
  7. Click on Next and then Confirm & sell to place the redemption request.

The amount gets credited to your registered bank account within 1-3 working days.

 

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