Parimatch Withdrawal Time in India (2024)
In this guide, our experts explain the withdrawal process on Parimatch India for 2024, including withdrawal time, payment methods and minimum/maximum amounts.
How Long Does Parimatch Take to Withdraw?
Parimatch generally processes withdrawal requests in 15 minutes to 48 hours. This is their standard processing time, but depending on the withdrawal method and player account, it can take longer.
Parimatch Withdrawal Methods
Parimatch doesn't accept as many payment methods for withdrawals as with deposits, which might be disappointing to some. And while it's possible to withdraw a smaller amount from the site, not all methods will support this.
Below, we have collected everything you need to know about withdrawing funds at Parimatch, from the methods available to the specific terms for each.
| Payment Method | Min limit | Max limit | Transaction Fee | Processing Time |
|---|---|---|---|---|
AstroPay | 1,000 INR | Not specified | No fee | Up to 15 minutes |
Bitcoin | 1,000 INR | Not specified | No fee | Up to 15 minutes |
Tether | 500 INR | Not specified | No fee | Up to 15 minutes |
IMPS | 500 INR | Not specified | No fee | Up to 48 hours |
Fastest Withdrawal Method at Parimatch
Cryptocurrencies like Bitcoin and Tether are the fastest withdrawal methods at Parimatch. It only takes a maximum of 15 minutes for Parimatch to process withdrawals through these methods, and the transaction time of cryptocurrencies is fast in general. If you want casinos with fast bank transfer withdrawals, check our guide to online casinos that accept UPI.
How to Withdraw Money from Parimatch
If you are new to Parimatch, or just want some assistance, you can follow our step-by step guide on withdrawals below:
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Open the 'My Account' Page
To start the process, you first need to open the 'My Account' page. Here, you can see multiple options about your account, such as special offers, personal data, account confirmation, and more. Tap on 'Withdraw' to proceed.
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Verify Your Account
To withdraw from Parimatch, you need to verify your account. What you will have to do before withdrawing for the first time is:
- Complete personal data
- Confirm your phone number or email
- Submit your ID document
To complete personal data, go to My Account > Personal data, where you can fill in your name and address. You can also confirm your phone number on the same page.
To verify your account, go to the Account Verification page and choose 'Aadhaar Card Verification'. Enter your 12-digit card number and input the verification code sent to your mobile number.
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Select Your Payment Method
Next, you need to select your preferred payment method in the withdrawal cashier. Remember to use the same payment method you used to make the latest deposit on Parimatch.
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Input Withdrawal Amount
Before you can complete the process, you also need to enter the amount that you would like to withdraw. Remember that each method has its own minimum withdrawal amount.
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Submit Your Withdrawal Request
After you have selected the withdrawal method and amount, submit your withdrawal request. It may take up to 48 hours for them to approve the request.
Parimatch Minimum Withdrawal and Limit
Parimatch's minimum withdrawal in India is 500 INR with IMPS and Tether. Different minimum amounts apply to the rest of the withdrawal methods.
Furthermore, Parimatch doesn't seem to specify or explicitly set out the maximum withdrawal limit per day on their website. It can also differ from account to account as they apply personal limits.
Parimatch Withdrawal Rules
Parimatch lays out some withdrawal rules for its players. Your withdrawal request will most likely be declined if you do not follow any of the requirements below:
Verify Your Account: You must verify your account by submitting your ID document and verifying your phone number.
Wager Your Deposit: You must wager at least 70% of your deposit.
Same Payment Method: You must withdraw using the payment method you used to deposit.
No Active Welcome Bonus: You cannot withdraw if you haven't finished your welcome bonus.
Parimatch Withdrawal Problems
Even if you follow the rules, you can still encounter withdrawal problems at Parimatch. Here are the most commonly seen withdrawal issues at Parimatch and our expert tips for avoiding them. These issues are prevalent on other top online casinos and popular betting sites in India, not only at Parimatch.
- Pending withdrawal
- Rejected withdrawal
- Pending account verification
- Withdrawal successful but not received
Pending Withdrawal
Generally, Parimatch processes withdrawals between 15 minutes and 48 hours. You should contact their customer support if your withdrawal request is still pending after the estimated processing time.
Rejected Withdrawal
If your withdrawal request was rejected, they must have emailed you why it couldn't be approved. Some of the most common culprits are:
- Your account is not fully verified.
- You didn't wager 70% of your deposit.
- You used a different payment method from your deposit method.
- You have an active Welcome Bonus.
Pending Account Verification
They can take up to 24 hours to check your documents for account verification. However, it can take longer if any papers do not meet their criteria. What you can do is to make sure that your document fulfils its verification requirements, for example:
- Your document is not expired.
- Information is legible on the document.
- Your document is not blurred.
- The details on the document match your account details.
- Your document is not cropped.
- Your document is not a black-and-white copy.
Withdrawal Successful but Not Received
If your withdrawal was successful but not received from Parimatch, you should contact their customer support. The issue can be caused by various factors, some of which are:
- Incorrect payment details
- Outside banking days
Inputting incorrect payment details, such as your bank account or cryptocurrency wallet address, can lead to a missing withdrawal. To avoid this issue, double-check that your payment information is correct before requesting a withdrawal. We highly recommend copying and pasting from the wallet for crypto wallet addresses. Avoid manual input in any case.
If you withdraw via bank transfer, your bank's working hours and system can affect the estimated arrival time of your funds. Typically, banks don't operate on weekends and national holidays, so it might be wise to choose other withdrawal methods, such as cryptocurrencies and e-wallets.
FAQs
Does Parimatch charge withdrawal fees?
What is the withdrawal time of IMPS at Parimatch?
What should I do when the withdrawal option is not showing?
More Parimatch Guides
Yusaku is an editor and fact-checker at BettingGuide India. He has worked for a few online casino operators in customer support, management and marketing roles since 2020. His few years of hands-on experience in casino operation and expertise in the iGaming industry help see through the qualities of online gambling sites and create honest reviews. If you have any questions about online gambling in India, please feel free to contact him.