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How to Withdraw Money from Parimatch in India?

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on 23 May 2024

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  • Minimum deposit amount is ₹200
  • Minimum deposit for free bet offer is ₹500
  • Website available in multiple Indian languages
    18+. Minimum deposit for ₹200 for the maximum bonus amount: ₹30.000. Minimum deposit for FREE BET 500 INR. To withdraw the bonus funds, you must place the bonus in 16 times amount on single bets with odds of no less than 1.7 within 14 days from the date of registration. T&Cs Apply.

    Parimatch Withdrawal Guide

    Parimatch is one of the most popular betting sites among Indian bettors. The variety of Parimatch withdrawal methods offered is a major reason for the popularity of the bookmaker. These include UPI, AstroPay, Netbanking, IMPS, Paytm transfer, and Bitcoin, among other cryptocurrency options.

    Most users would learn how to deposit on Parimatch India when they register. In this article, we explain how to withdraw money from Parimatch in India. To that end, I have considered the steps involved in the process and the withdrawal time period. I have analysed the Parimatch withdrawal rules and the problems users may face when they try to withdraw funds. I round off my review by answering some frequently asked questions on the subject.

    How to Withdraw from Parimatch India? Step-by-Step

    The Parimatch account verification process is a simple one involving a few easy steps.

    1️⃣After clicking on your user icon, you must visit ‘Personal Data’.

    2️⃣Click on the tab marked ‘Account Verification,’ which will allow your Aadhaar card to be uploaded.

    3️⃣Upload your photo, showing your Aadhaar card held next to your face.

    4️⃣The verification process has been completed, and you are ready to go.

    👉Note: You can expect to complete the verification process within 24 hours. You can start the process only after making your first deposit. Unless you verify your account, you will not be able to make withdrawals exceeding ₹7500. You can ensure faster verification by uploading a clear colour photograph.

    Once you have completed the verification, you can do a Parimatch withdrawal by using the following steps.

    1️⃣After you have logged in, visit the ‘Finances’ section.

    2️⃣Click on ‘Withdraw,’ and opt for the payment method you want.

    Decide how much money you wish to withdraw and adhere to the instructions relating to your chosen payment method.

    4️⃣Confirm your withdrawal request and await the credit of funds into your account. (The approval process usually gets completed within six hours.)

    👉Note: Before you request a Parimatch withdrawal, ensure that you have wagered 70% of the deposit amount.

    Parimatch Withdrawal

    Parimatch Withdrawal Time Methods in India

    The Parimatch withdrawal time varies depending on the payment method used. In the following table, I have illustrated the Parimatch India withdrawal time, relating to various methods.

    Payment MethodParimatch Minimum WithdrawalParimatch Minimum Withdrawal Time
    UPI₹1000Between 15 minutes and 12 hours
    Paytm₹2000Between 15 minutes and 12 hours
    Netbanking₹500Within 30 minutes
    AstroPay₹1000Within an hour
    IMPS₹500Within 48 hours
    Bitcoin₹1000Between 15 minutes and 12 hours
    Litecoin₹1000Between 15 minutes and 12 hours
    Bitcoin cash₹1000Between 15 minutes and 12 hours
    Skrill₹1000Between 15 minutes and 12 hours
    Neteller₹1000Between 15 minutes and 12 hours

    Paytm LogoHow to do Parimatch Withdrawal from Paytm?

    To make a Parimatch withdrawal using Paytm, you must fulfil certain conditions. After logging in to your account, you must click on the tab marked ‘Withdrawal.’ From the numerous payment methods offered, you must select Paytm. Next, you must enter the withdrawal amount. You need to ensure that the amount is within the withdrawal limits prescribed by the bookmaker.

    💎 You can make a Parimatch Paytm withdrawal even if you did not use Paytm while making the original deposit. Even in terms of the Parimatch withdrawal time, Paytm is the best. This is why I recommend Paytm as the best Parimatch withdrawal mode.

    UPIHow to do Parimatch Withdrawal from UPI?

    A Parimatch withdrawal via UPI is similar to a withdrawal via any other authorised method. To make the withdrawal, log in to your account on the website or app and choose “Withdrawal.”

    Select UPI from the list of payment modes available. Follow the onscreen instructions. Enter the amount you wish to withdraw, and fill in other fields. Once you have completed the request, wait for the funds to reach your bank account.

    NetBanking LogoHow to do Parimatch Withdrawal from Bank Transfer?

    Log in to your account and choose the withdrawal option. In the next window, choose your preferred payment mode, which, in your case, would be to your bank. To process your withdrawal to your bank account, you can select either the Debit/ Credit Card option, or NetBanking.

    Next, you’ll be asked to fill out the necessary details such as your Card no., Name of the card holder, etc. After that, you’ll have to enter the withdrawal amount. After you have completed the withdrawal request, expect to receive the money within the specified Parimatch withdrawal time.

    Parimatch Withdrawal Rules

    In this segment of my Parimatch India withdrawal review, I look at the Parimatch withdrawal India rules. The following are the rules relating to withdrawals from the operator’s website.

    Parimatch Withdrawal Problems

    A new customer may face a Parimatch withdrawal problem. This usually happens when a customer wants to withdraw more than the mentioned limit but has not verified the betting account. Below, I consider some typical Parimatch withdrawal problems faced by users and show how to resolve them.

    🤔What to Do When Parimatch Shows Pending Status?

    After you have uploaded the documents required for account verification, the process will take some time. You can check the status by visiting the ‘Account Verification’ section.

    🤔How to Withdraw Money from Parimatch App?

    The process of withdrawing from the Parimatch app is similar to that of withdrawing from the desktop site. To begin the process, you must visit the withdrawals section. Next, you must select your preferred payment method from the numerous methods offered.

    You must follow the onscreen instructions relating to the chosen payment system. Once the process is completed, you can sit back and wait for the funds to be credited to your account.

    🤔What to Do When Parimatch Withdrawal Is Rejected when Account Is Verified?

    Sometimes, a Parimatch withdrawal may be rejected even after the account has been verified. This can happen if you have used one method for the deposit of money and another for withdrawal. It can also happen if the chosen payment system is temporarily unavailable due to technical reasons.

    The payment may also be rejected if you have an active bonus. The bonus terms require you to complete the wagering requirements before raising a withdrawal request.

    🤔How to Cancel a Parimatch Withdrawal Request?

    You can cancel a withdrawal request before the processing starts. It will be in a processing queue, and the status of the withdrawal will be shown as “Pending.” However, you cannot cancel the withdrawal once the processing has started.

    To cancel a withdrawal, you must log in and visit the ‘finances’ section and click on the ‘Withdraw’ tab. When the display shows the Parimatch withdrawal pending, you must select the tab marked ‘Tap here to reverse’ below it.

    Parimatch Withdrawal Review:

    In summary, making a Parimatch withdrawal is a fairly easy process involving a few easy and simple steps. As an Indian user, you can choose from various popular withdrawal methods. These include UPI, Paytm, and Netbanking. Users can also choose from e-wallets such as Neteller, Skrill, and AstroPay. Furthermore, the operator allows withdrawals via various Cryptocurrency options. These include Bitcoin, Litecoin, and Bitcoin cash, among others.

    While making a Parimatch withdrawal, you must adhere carefully to the Parimatch withdrawal rules. First and foremost, you must have your betting accounts verified. The verification process requires each user to upload an identification document and a photograph. Furthermore, you must use the same method for withdrawals that you used for the deposit of funds. The notable exception is Paytm, as you can make Parimatch withdrawals even if you did not use Paytm to deposit money.

    Among other precautions, you must ensure that no bonus is active when you make a Parimatch withdrawal request. In other words, you should have fulfilled the wagering requirements relating to the bonus. you must also ensure that the amount you want to withdraw falls within the prescribed Parimatch withdrawal limits.

    Withdrawals usually go through smoothly if you have taken due precautions. Sometimes, a withdrawal may fail even though you have adhered to the rules. For instance, such failure can happen if a payment system is not available due to a technical reason. However, this can be a temporary problem.

    Withdrawal times can vary depending on the method used. In some cases, it can take quite some time. For instance, withdrawals using IMPS can take as much as 48 hours on occasion. By and large, most methods allow withdrawals to take place in as little as 15 minutes. These methods include Paytm, UPI, Cryptocurrencies, Skrill, and Neteller.

    My Conclusion

    To conclude, I must dwell on one of the biggest positives relating to Parimatch withdrawals. The operator does not charge any withdrawal fees. However, this does not preclude the fees relating to a specific payment system. For instance, some credit cards charge a fee of 1.7% on withdrawals. Regardless of any fees imposed by a payment system, Parimatch India does not charge any fees on withdrawals.

    In the following table, I have summarised the pros and cons relating to Parimatch withdrawals:

    What I LikeWhat I don’t like
    ✔️ Numerous payment options for Indian users❌ Verification process takes time
    ✔️ Quick withdrawals
    ✔️ No withdrawal fees

    Parimatch Withdrawal FAQ:

    In this section of my Parimatch withdrawal review, I have answered some frequently asked questions on the subject.

    The operator’s site does not have a maximum withdrawal limit. However, the minimum withdrawal limit can vary depending on the chosen payment system. The minimum withdrawal limit using Net banking or IMPS is ₹500. For all other payment methods, the minimum withdrawal limit is ₹1000.

    Depending on the payment system you choose for withdrawal, the process may take from 15 minutes up to 48 hours. For instance, the withdrawal may be completed within 15 minutes if your payment method is Paytm, Skrill, Neteller, or Cryptocurrency. The withdrawal can take longer via Netbanking, AstroPay, or IMPS. The withdrawal can take as long as 48 hours if the user’s preferred payment method is IMPS.

    There are several popular Indian payment methods offered on Parimatch India. In my view, UPI, Paytm, and Net banking are the best payment modes for Indian users.

    Go to the Parimatch withdrawal section on the home page of the operator’s website. Select bitcoin as your preferred withdrawal method. Follow the onscreen instructions until your withdrawal is processed.