Parimatch Withdrawal – Payout Time & Minimum and Maximum Withdrawal Limits (2024)

This is your most comprehensive guide on the web to requesting a Parimatch withdrawal, where we will discuss everything there is to it: the payment options available for a payout, the various withdrawal timelines and conditions, possible problems that you might face, and, of course, the Parimatch minimum withdrawal limits for each of the banking methods.

Parimatch Withdrawal Time in India

Parimatch Homepage

(Source: Parimatch)

As of the day of writing this guide, Parimatch only accepts three payment methods for processing a withdrawal: IMPS, bank transfer, and the only e-wallet, AstroPay. Here, we will see how much time it takes to withdraw money from Parimatch with each payment option:

  • AstroPay is the fastest, taking a maximum of 4-5 hours to process your payout.
  • With IMPS and bank transfers, the same can go up to 48 hours, but is usually much quicker than that.
  • As of the day of publishing, Parimatch doesn't support UPI, PhonePe, Google Pay, cryptocurrency, or any other method, for that matter, for withdrawals.

Also Read: Fastest & Instant Withdrawal Betting Sites in India (2024)

Parimatch Minimum Withdrawal Limits Across Payment Methods

Despite being one of the leading online betting sites in India, Parimatch supports limited payment options for withdrawing your money. This table below will give you all the details you need, including the minimum and maximum withdrawal amounts on Parimatch, payout time, and processing fees, if any.

Better still, we suggest you go through our Parimatch India review for a more detailed understanding of the bookmaker’s pros and cons.

IMPS

  • Minimum withdrawal (per transaction): ₹500
  • Maximum withdrawal (per transaction): ₹2,00,000
  • Withdrawal time: 24-48 hours
  • Processing fee: ₹0

Bank Transfer

  • Minimum withdrawal (per transaction): ₹2,000
  • Maximum withdrawal (per transaction): ₹49,999
  • Withdrawal time: 24-48 hours
  • Processing fee: ₹0

AstroPay

  • Minimum withdrawal (per transaction): ₹1,000
  • Maximum withdrawal (per transaction): ₹10,00,000
  • Withdrawal time: 4-5 hours
  • Processing fee: ₹0

How to Withdraw Money from Parimatch

The first step to requesting a withdrawal from Parimatch is to verify your betting account. How do go about that?

How to Verify Your Parimatch Account

You have to go through a quick Know Your Customer (KYC) procedure first before requesting a withdrawal from the bookmaker. Here's how to go about it:

  • Step 1: Open your Parimatch account and log in.
  • Step 2: Select the personal profile from the menu on the right side.
  • Step 3: Click on Account confirmation.
  • Step 4: Select your preferred KYC document.
  • Step 5: Enter the unique identification number on the document.
  • Step 6: Upload the front and back images of the document.
  • Step 7: Click on verify.

Note: If you are a new user on Parimatch, you must make at least one deposit before verifying your account. It takes 24-48 hours for your Parimatch account verification to go through, and the bookmaker will notify you about the status of your account verification.

DOCUMENTS FOR PARIMATCH ACCOUNT VERIFICATION

The following documents can be used for verifying your account on Parimatch

  • Aadhaar card
  • PAN card
  • Driving licence
  • Ration card
  • Passport
  • Voter ID

To avoid any delays at the last minute, make sure that both the front and back flaps of your document are clearly visible in the photographs. Your photograph and all the necessary information should also be readable.

Parimatch Withdrawal Process: Step by Step Guide

Follow these steps below to successfully withdraw your funds from Parimatch India.

  • Step 1: Visit the official Parimatch website and log into your account.
  • Step 2: Select the personal profile from the menu on the right side.
  • Step 3: Click on ‘Withdraw' from the menu.
  • Step 4: Choose your preferred withdrawal option from the list.
  • Step 5: Enter the amount you wish to withdraw.
  • Step 6: Enter your bank account details.
  • Step 7: Click on ‘Withdraw'.

In case you had chosen the AstroPay e-wallet to deposit money into your account, it is suggested you use the same for withdrawing your money from the bookmaker. However, if you had opted for other deposit methods (which we'll go through later in this article), chances are you won't find them for withdrawals. In that case, don't panic; bank transfers and IMPS will always be available.

Parimatch Fast Withdrawal Methods

Of the three withdrawal options available on Parimatch, AstroPay is definitely the fastest, taking up to 5 hours (maximum) to process your payout. The other two India-specific options—IMPS and bank transfers—while being extremely safe and straightforward to use, take slightly more time.

That said, please note that the official Parimatch withdrawal timelines stated on the bookmaker's website are conservative estimates and, in real life, do not take as long. For example, IMPS is one of the fastest methods of fund transfer available in India.

Parimatch Withdrawal Rules – Conditions to Remember

Please comply with these guidelines to prevent any last-minute snags and withdrawal request cancellations:

  • You must first verify your account to make a withdrawal.
  • The payout amount will have to match or exceed the Parimatch minimum withdrawal limit (but be within the maximum limit) specified for the particular payment option.
  • The withdrawal amount should be between the minimum and maximum limits specified for the payment method.
  • If you are unable to withdraw your funds via the same method you deposited, select bank transfer.
  • You will have to complete all wagering requirements stated by the bookmaker.
  • Your withdrawal can be denied if Parimatch finds any unusual activity in your account.

We recommend you don't keep funds accumulating in your Parimatch account for long. As soon as your winnings in the betting account equal the minimum limit, we suggest you make a withdrawal request by following all necessary instructions.

How to Cancel Your Parimatch Withdrawal Request?

  • Step 1: Visit the official Parimatch website.
  • Step 2: Enter your login information to access your account.
  • Step 3: Head over to your account section.
  • Step 4: Click on transaction history to check the pending requests.
  • Step 5: Here, you can see your withdrawal request if it still hasn't been processed, in which case you can cancel it.
  • Step 6: But if the transaction has gone through already, then you cannot do anything.

Parimatch Withdrawal Problems

  • Incomplete Personal Profile

In cases of inaccurate or missing information, account verification snags can arise, leading to delays or even cancellation of withdrawal requests. Ensure all personal information is updated.

  • Info Mismatch

If you have entered the wrong withdrawal amount and bank details, the transaction may be delayed or even rejected. Go through all information twice before confirming.

  • Unfulfilled Wagering Requirements

Another common problem is incomplete wagering requirements for bonuses. If these terms and conditions are not met, your request will most likely be denied.

  • Non-Compliance With Withdrawal Limits

If you do not comply with the min. and max. withdrawal limits, it can lead to your withdrawal request being denied.

  • Technical Issues

Sometimes, the website or the app may crash due to technical issues. This can adversely affect ongoing withdrawals.

Parimatch Minimum & Maximum Deposit Limits

Payment metods list on Parimatch

(Source: Parimatch)

Parimatch India accepts a very low minimum deposit of just ₹27 (with Bitcoin cash), making it extremely accommodating and easy to get started irrespective of whether you're a seasoned punter or just dabbling in online gambling.

In this section, we will look at the Parimatch minimum deposit amounts across all payment options, along with the time taken to process your deposit.

Google Pay, Paytm

  • Minimum deposit (per transaction): ₹500
  • Maximum deposit (per transaction): ₹30,000
  • Processing time: 5-10 minutes
  • Processing fee: ₹0

UPI, UPI QR

  • Minimum deposit (per transaction): ₹500
  • Maximum deposit (per transaction): ₹1,00,000
  • Processing time: 5-10 minutes
  • Processing fee: ₹0

UPI Fast Pay

  • Minimum deposit (per transaction): ₹200
  • Maximum deposit (per transaction): ₹1,00,000
  • Processing time: 5-10 minutes
  • Processing fee: ₹0

UPI for Mobile

  • Minimum deposit (per transaction): ₹500
  • Maximum deposit (per transaction): ₹70,000
  • Processing time: 5-10 minutes
  • Processing fee: ₹0

AstroPay

  • Minimum deposit (per transaction): ₹400
  • Maximum deposit (per transaction): ₹80,000
  • Processing time: 5-10 minutes
  • Processing fee: ₹0

Bitcoin, Bitcoin Cash, Litecoin, Tether, Ethereum

  • Minimum deposit (per transaction): ₹27-₹463.90
  • Maximum deposit (per transaction): N/A
  • Processing time: Instant
  • Processing fee: ₹0

CricketBettingAdvice Final Say

For deposits, Parimatch accepts several India-specific options like UPI, Google Pay, Paytm, as well as cryptocurrencies like Bitcoin, Bitcoin Cash, Litecoin, Tether, and Ethereum. But when it comes to withdrawing your money from the bookmaker, you only have AstroPay, IMPS, and bank transfers to choose from as of the day of writing.

Of these three, IMPS and bank transfers are definitely the safest, with both taking up to 48 hours to process your withdrawal. AstroPay, on the other hand, just takes a couple of hours.

Parimatch Withdrawal FAQs

Is Parimatch legal in India?

Parimatch is headquartered outside India and holds a Curacao license. Considering there is no legislation regarding online gambling in the country, Parimatch is most definitely legal and safe for use.

What is the Parimatch minimum withdrawal limit, and with which payment method?

The minimum withdrawal amount on Parimatch is just ₹500 using AstroPay.

What is the maximum withdrawal limit, and with which method?

The maximum withdrawal amount on Parimatch is a whopping ₹10,00,000 using AstroPay.

How much time does it take to withdraw money from Parimatch?

If you're using AstroPay, you can expect your withdrawal to be processed within 4-5 hours. However, with IMPS and bank transfers, the same can take up to 2 business days.

What is the Parimatch minimum deposit limit?

It is as low as ₹27.27 with Bitcoin Cash.

Where can I get my withdrawal proof?

Go to the account section and click on transaction history, where you can find the proof of withdrawal that you requested from Parimatch.

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