How to Convert Paytm Points into Paytm Balance

 In this article, you'll learn that How to Convert Paytm Points into Paytm Balance (Real Money) and also Transfer it into your Bank Account (which is attached in Paytm Account), easily in some taps.

Paytm gives you the opportunity to transfer, send and pay money easily for online and offline tasks. It also gives you points for each task, like if you send money to someone, Paytm gives you some cashback points, if you pay bills or recharge your wallet, Paytm gives you cashback points. If you refer someone to install the Paytm app from your referral link and do some tasks like paying bills, receiving money, and recharging Paytm wallet, you get 10,000 Paytm points.

1,000 Paytm Points are equal to INR 10. Each time you do any task Paytm gives you cashback points (which is in form of a scratch-card to avail discount in online shopping of products), and real money cashback, and also Paytm First Points, which can be converted into real cash (Paytm Wallet Balance).

You can also buy stuff online from Paytm shopping. You can avail of discount coupons, cashback, and Paytm first point via shopping, and also pay via EMI, or pay later via the Paytm loan option if you want to buy anything out of your budget.  

If you want to convert your Paytm First Points into Real Paytm Wallet Cash, which could be transferred into your Bank Account, which is added to your Paytm Account, follow the simple steps given below. 

#1 You need to open your Paytm App and Tap on your Picture. 

#2 You need to tap on the 'Cashback & Offers' option.

#3 Here you can see 'total cashback' and 'Paytm first point' options, along with other useful options. Top on the 'Paytm First Points' option.

#4 Here you can see how much, when, and for which task you got Paytm points. You need to top on the 'Redeem Now Button given in orange color.

#5 In this page, you need to scroll down to the bottom of the page.

#6 Here you can see the option 'Convert Points to Paytm Balance', tap on it.

#7 Here you can see, you can withdraw 1,000 Points for INR 10, 5,000 Points for INR 50, 10,000 Points for INR 100, and 25,000 Points for INR 250. 

There are only 4 options to withdraw Paytm First Points into Paytm Balance. You need to do tasks regularly in Paytm App to earn as many Paytm First Points as well as Cashback Balance, Cashback Points and Discount on Online Shopping, and Discount Coupons on Tasks. You get benefits in little or big form on each and every task you do on Paytm. Try to buy as much needed things as you can on Paytm, try to pay bills,s and send money as much as you can to get the maximum benefit from Paytm. If you send someone or recharge a big amount (Like over INR 5k, then you get a huge benefit in the form of Cashback Balance or Paytm First Point). 

Indian Government is supporting and appreciating digital currency and online payments rather than an old and unsafe physical payment. By spending your money in online and digital form, you're showing your expenses in your statement of your Permanent Account Number (PAN number) , so basically you're getting cleared about your Income Taxes. That's how you can easily get benefits if you Fill your ITR.