Parimatch Withdrawal Time and Withdrawal Limits in India (2024)

Does Parimatch support India-specific betting payment methods, and what is the Parimatch withdrawal time? How about the minimum withdrawal amount in Parimatch? We will examine all these important points in detail in this guide.

Parimatch Withdrawal Time

Convenient payment methods are a must when withdrawing your winnings from a bookmaker. Top cricket betting sites ensure that the withdrawal process is smooth and that all convenient payment methods are available for users.

Parimatch allows you to use Netbanking as a means to withdraw your earnings from the site. Whether you have an account with SBI, ICICI Bank, Kotak, or any other reputed Indian bank, you can withdraw your winnings smoothly and without any issues.

Parimatch withdrawal limits

You should note that, due to technical problems, only Netbanking was available as a payout method at the time of reviewing Parimatch withdrawal times in India. However, the bookmaker is actively working on resolving this issue, and we will promptly update the payment methods as soon as it has been sorted.

Here is all the detail on Parimatch withdrawal time as well as the withdrawal limits per day:

Parimatch Withdrawal MethodsParimatch Minimum Withdrawal Amount (per transactionParimatch Maximum Withdrawal Amount (per transaction)Parimatch Withdrawal TimeParimatch Withdrawal Processing Fee
Netbanking₹500₹7,500Up to 72 hoursNo fee

PLEASE NOTE: The Parimatch withdrawal limit (per transaction) is set at ₹7,500 without completing account verification. If you wish to withdraw more than ₹7,500, it is mandatory that you verify your betting account. Complete details of the verification process are given later in the article.

Parimatch Withdrawal Process

Parimatch is one of the fastest withdrawal betting sites at the moment, and its withdrawal process is pretty straightforward. However, if you wish to withdraw more than ₹7500, you need to verify your Parimatch account first.

How to verify your Parimatch account?

  • Step 1: Click on the user icon and navigate to the “Personal Data” tab.

A screenshot taken from parimatch account showing account options available

(Source: Parimatch)
  • Step 2: Click on ‘Account Verification’ and upload your Aadhaar card.
  • Step 3: Upload a clear photo of yourself holding your Aadhaar card next to your face.
  • Step 4: Congratulations! Your Parimatch account verification process is complete.

Account verification: Points to remember

  • Parimatch account verification times can vary. If you submit all the necessary documents on time, it usually doesn't take longer than 24 hours. If you think it’s taking longer than expected, contact customer support.
  • Remember that you will only be allowed to verify your account after you’ve made the first deposit.
  • Account verification is compulsory if the amount you wish to withdraw is upwards of ₹7500.

How to Withdraw Money from Parimatch?

Here is a step-by-step guide to withdrawing your winnings from this bookmaker:

  • Step 1: Log in to your account and locate the ‘Personal Account’ tab on your app or webpage.

A screenshot taken from Parimatch personal account

  • Step 2: Click on ‘Withdraw’.
  • Step 3: You will be taken to the banking page, where you can select your preferred payment method. As we mentioned earlier, Indian players can only withdraw funds using Netbanking at the time of writing this review.

A screenshot showing the withdrawal steps on parimatch

  • Step 4: Enter the amount you wish to withdraw. You can choose from ₹500 to ₹7500 without account verification. To withdraw more than ₹7500, you will need to verify your account. We will explain how you can do this in the following section.

A screenshot showing the steps of withdrawal with Netbanking

  • Step 5: Provide your name and email address.
  • Step 6: Select your bank account.
  • Step 7: You will be redirected to your bank’s transaction page.
  • Step 8: Once you are there, you will be asked to log in and enter the verification code that will be sent to you.
  • Step 9: Click on ‘Pay’.
  • Step 10: Congratulations! The amount will be transferred to your bank account at the appropriate time. With Netbanking, it usually takes up to 72 hours.

PLEASE NOTE: Before you make a withdrawal, you must wager 70% of your deposit; otherwise, your request may be rejected. While the exact wagering percentage could vary, 70% is the bookmaker’s usual limit.

Parimatch withdrawal methods

As of the day of writing this, Parimatch is only accepting Netbanking as a means to withdraw your funds from your betting account. The minimum withdrawal from Parimatch is ₹500, and the time to process payment is up to 72 hours

Parimatch Withdrawal Rules

In this section, we point out the important withdrawal rules to help ensure that you can have your payout in as smooth and hassle-free a manner as possible:

  • The minimum wagering requirement has to be 70% of your deposit.
  • To withdraw more than ₹7,500, you will need to verify your Parimatch account.
  • The minimum withdrawal in Parimatch is ₹500.
  • The only valid withdrawal method available is Netbanking, although this is temporary and could be due to a glitch from the bookmaker's end.
  • You will need to submit a valid ID card, like Aadhaar, for the verification process.

Parimatch Withdrawal Time with IMPS/Netbanking

With IMPS or Netbanking, it typically takes around 72 hours for the funds to get credited to your bank account. However, do note that in certain cases, the Parimatch withdrawal process may take longer.

If you find yourself in such a situation, there's no need to worry. The bookmaker has a dedicated customer support team available round-the-clock to assist you. You can reach out through various channels, like live chat or email (, and they will be more than happy to provide you with updates and help resolve any concerns you may have.

Parimatch withdrawal limit (Minimum)₹500
Parimatch withdrawal timeUp to 72 hours
Parimatch minimum withdrawal processing feesNil

How to Cancel a Parimatch Withdrawal?

A situation may arise where you wish to cancel a withdrawal request you made earlier. Maybe you accidentally made the request, or you have changed your mind about withdrawing funds at that moment. So, what do you do then? Well, you can reverse the withdrawal request with a couple of simple steps.

  • Step 1: Log into your Parimatch account, head to the “Finances” tab, and click on “Withdraw”. Your pending withdrawal will be visible here.
  • Step 2: Click on “Tap here to reverse” (this option will be present underneath your pending withdrawal).
  • Step 3: And that’s it; your withdrawal request will be cancelled.
  • You can only cancel your withdrawal request as long as it is still in the processing queue.
  • Look for the “pending” status to determine if your withdrawal request is still eligible for cancellation.
  • Once the processing of your withdrawal starts, you won't be able to revoke or cancel the payout request.

Parimatch Withdrawal Problems

  • As we have mentioned already, the problem we faced with Parimatch withdrawals is that a number of convenient payment methods were not available due to a technical glitch on their end. We were only able to withdraw our funds using Netbanking.
  • Although Netbanking is a secure payment option, it is not most people's first choice due to the availability of more convenient and faster options, like UPI or e-wallets.
  • Another inconvenience you may face is the verification of documents in case you wish to withdraw anything over ₹7,500. However, even though this may seem inconvenient, the verification process is necessary for the security of your account, and most top bookies require verification before they disburse any funds. So, it's not a bottleneck that’s unique to Parimatch.

Parimatch Deposit Methods & Limits

At the time of writing, Parimatch had UPI (consisting of PhonePe, Paytm, and Google Pay) as the only available deposit option. This is due to a technical issue, and Parimatch is actively working to fix it. We will update the information about deposit methods and limits as soon as the technical issue is fixed on their end. In the meantime, you can check out the table below for details regarding making a deposit using UPI:

Deposit MethodMinimum Deposit (per transaction)Maximum Deposit (per transaction)Processing TimeProcessing Fee
UPI₹200₹75,00010 mins to 5 hoursNil

How to Deposit Money on Parimatch?

Making a deposit on low minimum deposit betting sites is simple and quick. Here is a step-by-step guide to easily depositing into your Parimatch account:

  • Step 1: Log in to your account and click on the green ‘Deposit’ button at the top-right corner of the page.

A screenshot showing the deposit button on Parimatch

  • Step 2: Select your preferred deposit method. As mentioned earlier, you can only deposit using UPI currently.

A screenshot showing the deposit options available on parimatch

  • Step 3: Type in the amount you wish to deposit (min. ₹200 and max. ₹75,000 per transaction) and click on the right-facing arrow. You will be redirected to a payments page, where you will be able to view a unique one-time QR code.

A screenshot showing the depositing steps on Parimatch using UPI

  • Step 4: Scan it with the UPI app of your choice. If you are facing difficulty scanning the QR code, simply copy and paste the UPI ID address into your UPI wallet app.

A screenshot showing the steps to deposit on Parimatch

  • Step 5: Complete the payment, copy the 12-digit UTR number from the transaction details in your UPI app, and paste it into the appropriate box in the Parimatch app or webpage.
  • Step 6: Click on ‘Deposit’.
  • Step 7: Congratulations! Your account will be credited with deposited amount, and you can begin betting on some of the top cricket leagues.

Why Bet on Parimatch?

Tailored for Indian punters? Check. Wide selection of cricket betting markets? Check. Handsome welcome bonuses promotions? Check. Live betting and a great betting exchange? Check.

While our in-depth cricket betting reviews will give more incisive insights, briefly listed below are some reasons we think Parimatch indeed makes for a good and dependable cricket betting site:

  • Handsome odds

You can trust Parimatch to consistently offer competitive prices across some of the world's top cricket tournaments, like the ongoing Ashes Test Series, Tamil Nadu Premier League, or the upcoming ODI World Cup. Moreover, the bookie is usually an early mover when it comes to publishing match odds.

  • Livestreaming

Parimatch supports high-quality cricket livestreaming, with tools for cricket betting analysis, including match statistics, live scores, and H2hH results. If you spot the “play” (▶️) icon on a match, it's available for livestreaming.

  • Range of payment methods

At Parimatch, you can use quite a few India-specific payment methods to deposit funds and withdraw your winnings. Banking is typically quick and with zero hassle, thanks to the fast Parimatch withdrawal time.

  • Range of betting markets

The bookmaker features multiple cricket betting markets across both pre-match and in-play wagers. Rest assured, you'll never be left wanting.

  • Welcome bonus & promos

This bookie has a great sports betting welcome bonus to attract new customers, as well as many other betting offers for existing punters. It sometimes also offers free bets on select games, especially from the top cricket leagues.

Parimatch Mobile Betting

A screenshot of Parimatch mobile app on homepage

The Parimatch mobile app is definitely one of India's best cricket betting apps. Available for Android and iOS, this sleek app packs all the features of the desktop version into just 100MB. It supports multiple Indian languages (Hindi, Bengali, Telugu, and Marathi), offers an engaging user interface, and even provides direct access to customer support.

If you are an Android user, you can download the Parimatch.apk file from the official website and install it on your device. For iOS users, the Parimatch app can be found on the App Store.

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Parimatch Withdrawal Time FAQs

What is the minimum withdrawal amount in Parimatch?

The Parimatch minimum withdrawal amount is ₹500 per transaction.

What is the minimum Parimatch withdrawal time in India?

Since Netbanking was the only banking option for withdrawal available at the time of writing, we were able to withdraw via the said payment method. The Parimatch withdrawal time with Netbanking is generally 48–72 hours.

What are some of the Parimatch withdrawal rules?

The minimum withdrawal from Parimatch is ₹500 per transaction. Also, remember to submit a valid ID like Aadhaar for the verification process in case you wish to withdraw more than ₹7,500. The minimum wagering requirement for a successful Parimatch withdrawal is 70% of your deposit.

What are some Parimatch withdrawal methods?

Currently, as of the day of writing this guide, the only available Parimatch withdrawal method is Netbanking or IMPS.

What is the Parimatch withdrawal time with IMPS or Netbanking?

The Parimatch withdrawal time with Netbanking or IMPS can range from 48 to 72 hours.

What is the Parimatch withdrawal time with Paytm?

As of the day of writing, Paytm is not available as a valid withdrawal option on Parimatch. Only Netbanking/IMPS is available.

What is the Parimatch withdrawal limit per day?

As of the day of writing, the Parimatch maximum withdrawal limit per day, without account verification, is ₹7,500 (with Netbanking). To withdraw more than ₹7,500, you will need to verify your account by submitting a copy of your ID for proof, like Aadhaar.

Why is Parimatch withdrawal not working?

There could be several reasons why Parimatch withdrawal may not be working. Here are a few possible explanations: your account verification process was not complete; you did not fulfil the wagering requirements or bonus conditions; or maybe there are technical glitches or delays due to system maintenance. In such cases, you should immediately contact the customer support team at Parimatch to fix your issue.

CricketBettingAdvice Final Say

Now that we have come to the end of this Parimatch withdrawal limits and rules guide, we hope that we were able to make all payment-related queries clearer for you. Despite a couple of flaws, we highly recommend this bookie as it is secure, reputable, and well-designed.

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