For decades, the opportunity to bet on sporting events has been a popular pastime for many. Whether betting is a profession to you or you are just a newbie wanting to dip your feet in the world of wagering, Parimatch — one of the most time-proven, secure, and easy-to-use betting companies, can be the bookmaker for you. Moreover, on Parimatch, withdrawal and depositing are completely hassle-free. Parimatch is one of the few online betting sites that enables its users to enjoy live betting with a wide range of payment methods — and it’s available in every corner of India. With over 25 sports to bet on, Parimatch has loads of activities to offer in addition to its great odds. In this Parimatch review of the betting site’s withdrawal process, we will be discussing everything you need to know about withdrawals, payment options, and various relevant troubleshooting methods on Parimatch.
Withdrawing money can seem like a hassle on most bookmaker sites, but with Parimatch it is simple, convenient, and available with a variety of options. Before we get into details about each of the payment methods, remember that your withdrawals must be made using the same payment method that you used to deposit money in the first place. You also must redeem money for yourself, and cannot redirect it to others (relatives, friends, acquaintances). Following these rules will ensure a smooth experience and quick withdrawal. Different payment methods have minimum and maximum withdrawal amounts. You can find the exact amounts for each payment option under the “Withdraw” tab. For example, if you want to withdraw money to your bank account, the minimum you can extract will be ₹1,500 and the maximum ₹7,500. The payment methods available for withdrawal on Parimatch India with their maximum and minimum withdrawal amounts are as follows: Payment Method Minimum Withdrawal Maximum Withdrawal Paytm ₹1000 ₹7500 VISA ₹1500 ₹7500 NetBanking ₹1000 ₹7500 ecoPayz ₹700 ₹7500 Bitcoin Cash ₹1000 ₹7500 AstroPay ₹1000 ₹7500 Jeton Wallet ₹1000 ₹7500 MuchBetter ₹1000 ₹7500 You can withdraw more than the maximum amount stated in the table. However, to withdraw more than ₹7500, you need to verify your account by completing the Account Verification process.
Access to the above payment methods makes live betting a lot more accessible for those starting their wagering journey. Let’s break down the different transaction methods on Parimatch. Withdrawing money to a Bank Card If you want low-interest charges, faster withdrawal, and top-notch security, you should choose to withdraw money from your account to your bank card. Below is a step-by-step process detailing how you can go about the process. Step 1: Go to your account menu. If you have placed bets with Parimatch before, chances are your details are already on the site. If not, update all your details as they appear on your Aadhar card. Step 2: Under your account menu, there should be a tab named “Finances,” under which will be a sub-section titled “Withdraw.” Click on it to start a withdrawal request. Step 3: You will be presented with an array of payment options to choose from, such as VISA, NDFC Bank, SBI, and more. Select your preferred option depending on which bank you want to withdraw your money into. Most payment options have 0% interest rates for Parimatch during withdrawal to your benefit. Now all you have to do is wait for the amount of expected time required to transfer the funds to your bank account. Withdrawing Money to an Electronic Wallet Electronic wallets allow you to avail various offers and bonuses, save time, as well as maintain anonymity during transactions and have become a popular mode of payment on betting sites. Thus, Parimatch has introduced the option to withdraw money to electronic wallets. Follow the steps for an easy withdrawal. Step 1: First, you have to navigate to the “Withdraw” tab under “Finances,” which can be found in your “My Account” tab. For a step-by-step understanding of how you can find the “Request Withdrawal” tab, repeat the same process as described for withdrawing money to a bank card. Step 2: Next, scroll through the payment options until you find Bitcoin, Litecoin, Bitcoin Cash, or Ethereum. Step 3: Now, you can click on the “Withdrawal Request.” You’ll have to wait for anywhere between 15 minutes to 2 hours for the transaction to be completed successfully. Withdrawing Money Through Other Services There are also other services using which you can withdraw your money. To find those services, once again, click on “My Account” followed by “Finances,” and then the “Withdraw” option. Upon clicking it, Parimatch will direct you to the “Withdrawal Request” page, where you can find all other services supported by Parimatch. You can navigate to ecoPayz, Jeton Wallet, MuchBetter, AstroPay, and more. After you’ve selected the preferred payment option, click on the “Withdrawal Deposit” and wait up to 1 hour to receive the withdrawal balance.
The processing time for Parimatch withdrawals gives you an idea of the estimated time after which you can receive the requested withdrawal. Each payment option has an estimated time of its own that you can find under its own tab. The different processing times for payment methods you can find on Parimatch are noted below: Payment Method Minimim Required Time Maximum Required Time Paytm 15 minutes 24 hours VISA 1 minute 1 hour NetBanking 1 minute 48 hours ecoPayz 1 minute 1 hour Bitcoin Cash 15 minutes 12 hours AstroPay 1 minute 1 hour Jeton Wallet 1 minute 1 hour MuchBetter 12 minutes 12 hours
If you face any problem trying to withdraw money from your Parimatch account to your preferred payment method, check out the common troubleshooting pointers below to solve your issue. How do I withdraw money from my Parimatch account? Before withdrawing money from your account, make sure your account is verified. You can verify your account by following these steps: Step 1: Navigate to Account Settings > Personal Data > Account Confirmation Step 2: Upload a color copy of your Adhaar card (both sides), and Parimatch will verify your account. Step 3: After checking your account status, if it’s verified, you’ll be able to withdraw money successfully. Step 4: To withdraw money, go to your “Account Menu” and click “Withdraw” under “Finances.” After selecting your desired payment method, click on “Withdrawal Request” to complete your transaction. How long will it take for Parimatch to verify my account? After you’ve uploaded your Adhaar card for verification, Parimatch will conduct a verification process within 24 hours of submitting it. How can I check the verification status? You can find your verification status under the Account Verification section. Verification Status stagnant even after 24 hours, what to do? Usually, it takes anywhere from a few minutes to 24 hours for the verification process to complete. If your status is stagnant, contact customer service immediately. Why am I not being able to withdraw my welcome bonus? You may not be able to withdraw your welcome bonus because of the wagering requirement. For Parimatch welcome bonus withdrawal eligibility, you must have met your wagering requirements by the time the request is submitted. Specifically, you must place accumulator bets with odds of at least 1.75 utilizing the bonus money until you have rolled it over 8 times.