Parimatch Withdrawal: Parimatch Withdrawal Time And Withdrawal Limits In India (2023)

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.

If you want a bookmaker to tick all the above boxes, look no further than Parimatch. One of India’s top cricket betting sites, this bookmaker is as good as the other giants in sports betting.

In this article, we'll look at how to withdraw money from Parimatch, including Parimatch minimum withdrawal and withdrawal time in India, Parimatch withdrawal limits, and the various payment methods available for requesting a Parimatch withdrawal.

Payment Methods for Parimatch Withdrawals In India

Parimatch accepts multiple betting payment methods commonly used in India, some of them being UPI, NetBanking, and IMPS. Typically, all Parimatch withdrawal times range from 15 minutes to 48 hours (with the payout request approved within six hours), making the operator one of India's many fast withdrawal betting sites. Parimatch withdrawal charges in India are also NIL at the moment.

Here, it is important to note that the Parimatch withdrawal limit 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.

The table below has all the information you want on Parimatch payout times and withdrawal limits, updated for every payment method. Currently, there are no limitations on the Parimatch maximum withdrawal per day.

Parimatch Withdrawal MethodParimatch Minimum WithdrawalProcessing TimeProcessing Fee
Netbanking₹50030 minutes to 2 working days₹0
Bitcoin₹1,00015 minutes to 12 Hours₹0
Tether TRC-20₹50015 minutes to 12 Hours₹0
Litecoin₹1,00015 minutes to 12 Hours₹0
Ethereum ERC-20₹2,10015 minutes to 12 Hours₹0
Bitcoin Cash₹1,00015 minutes to 12 Hours₹0
Support Ukraine*1Instantly₹0

All values correct as on 6th March, 2023.

Parimatch Withdrawal Process

The Parimatch withdrawal process is pretty straightforward; however, it is only available after you verify your betting account.

How To Verify Your Parimatch Account

You must complete a simple verification (KYC) procedure if you want to withdraw money from Parimatch. In fact, all leading bookmakers have made this step compulsory to beef up user security and prevent money laundering.

The steps to verify your Parimatch India account are as follows:

Verifying parimatch account

  • Parimatch account verification times can vary. If you submit all the necessary documents on time, it usually doesn't take longer than 24 hours. However, 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 in upwards of ₹7500.

If you’re taking a photograph of your ID:

  • Make sure you take a clear (not blurred) photograph of your ID card from your mobile/tablet to upload.
  • Make sure all the edges are visible.
  • Keep the flash setting off.

If you’re uploading a file from your device:

  • Use a clear photograph.
  • The photograph must be coloured – black and white photographs will be rejected.
  • Please don’t upload a screenshot / screen grab as this will be rejected.

Step-by-Step Parimatch Withdrawal Process

If you are wondering how to withdraw money from Parimatch in India, fret not – the process is straightforward. Moreover, the Parimatch minimum withdrawal limit is quite low (₹500 with NetBanking and IMPS), which further helps your cause. Remember that for a successful Parimatch withdrawal, the deposit method should be the same as the withdrawal.

Let's take a look at this step-by-step Parimatch withdrawal pointers below.

  • Step 1: Log in to your Parimatch account and head to the ‘Finances’ section.
  • Step 2: Select ‘withdraw’ and choose your preferred payment method from the options provided.
  • Step 3: Decide on your withdrawal amount and follow the instructions for the selected method.
  • Step 4: Confirm the request. The withdrawal should be approved within six hours and your account credited with the funds.

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 Time India With Bank Transfer

Parimatch withdrawal times using a bank transfer are usually longer than other payment methods. The operator claims it can go up to 48 hours; however, this may sometimes extend to 3 – 5 days. On rare occasions, though, a bank transfer can take even longer, stretching beyond the stated time limit.

Parimatch minimum withdrawal with bank transfer₹500
Processing feeNil
Withdrawal processing timeUp to 48 hours

How To Cancel A Parimatch Withdrawal

So, you didn't really mean to request a withdrawal from Parimatch; it happened with the click of the wrong button. Don't worry; you can easily cancel your Parimatch withdrawal request, but you only have limited time to do so.

You can reverse the entire amount (or a portion of it) while it is still in the processing queue (the withdrawal status will show “pending”). But once processing starts, you will no longer be able to revoke your payout request.

Here are the steps to cancel a Parimatch withdrawal:

  • 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).

And that’s it; your withdrawal request will be cancelled.

Parimatch India Withdrawal Problems

Although most Parimatch withdrawal times range from 15 minutes to 12 hours, with NetBanking and IMPS taking up to 30 minutes and 48 hours respectively, you might run into some problems if you haven't verified your account by submitting relevant documents. Remember that for any withdrawal amount exceeding ₹7500, you will have to verify your account by completing the KYC procedure. However, this isn't necessarily a problem, considering most bookmakers don't even allow you to withdraw a dime without account verification.

That said, while Parimatch offers several India-specific payment methods, you cannot rely on NetBanking because of bugs in the website. And it's this that we consider a real problem when it comes to Parimatch withdrawals in India.

How To Make A Parimatch Deposit

Now that we have explored all the Parimatch withdrawal times in India, let's take a look at the operator's deposit process.

Thankfully, Parimatch is a low-deposit betting site, with a minimum limit of ₹200 (with UPI and RuPay card). There's no processing fee involved; all you have to do is ensure that your deposit and withdrawal methods are the same.

Here's a step-by-step guide:

Depositing on Parimatch

Parimatch Deposit Methods & Deposit Limits

You can start placing bets as soon as your account is funded and ready to go. Here’s a list of all the Parimatch minimum deposit amounts for all the payment methods.

Parimatch Deposit MethodProcessing TimeProcessing FeeParimatch Minimum DepositParimatch Maximum Deposit
UPI Pay10 mins to 5 hoursN.A.₹500₹5,00,000
UPI10 mins to 5 hoursN.A.₹200₹75,000
PhonePe UPI10 mins to 5 hoursN.A.₹200₹75,000
PhonePe Direct10 mins to 5 hoursN.A.₹300₹1,00,000
Google Pay UPI10 mins to 5 hoursN.A.₹200₹75,000
Paytm UPI10 mins to 5 hoursN.A.₹200₹75,000
Jeton WalletInstantlyN.A.₹1000₹1,00,000
BitcoinInstantlyN.A.0.0001 BTCN.A.
Tether TRC-20InstantlyN.A.5 USDT (TRC-20)N.A.
LitecoinInstantlyN.A.0.033 LTCN.A.
Ethereum ERC-20InstantlyN.A.0.01 ETHN.A.
Bitcoin CashInstantlyN.A.0.01 BCHN.A.
Binance PayInstantlyN.A.₹200₹380000

All values correct as on 6th March, 2023.

Why Bet on Cricket With Parimatch

Now that we have addressed your questions on Parimatch withdrawal times in India, the question that remains is: why choose this bookmaker at all? While our in-depth cricket betting reviews will give incisive insights, 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 Asia Cup, Caribbean Premier League, Hundred men's competition, or the upcoming T20 World Cup. Moreover, the bookie is usually an early mover when it comes to publishing match odds.
  • Live streaming
    Parimatch supports high-quality cricket live streaming, 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 live streaming.
  • Welcome bonus & cricket promos
    This bookie has a bonny sports betting welcome bonus (for new customers only) and many other betting offers for existing punters. It sometimes also offers free bets on select games, especially from the top cricket leagues.
  • 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 zero hassle, allowing you to take total advantage of the fast Parimatch payout times.
  • 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.

Which Parimatch Withdrawal Method Is the Best?

Parimatch withdrawal times are more or less the same across payment methods, except for Netbanking (which can take up to 2 business days). We cannot put a finger on the best withdrawal method per se. as that will depend on you. That said, we'd like to point out that:

  • Parimatch minimum withdrawal with Netbanking is just ₹500, while the payout processing time can be up to 2 days.
  • Bank transfers are extremely popular and accepted widely in India, thanks to the high safety quotient.

The payment methods mentioned above are commonly used in India, but there could be a few glitches with NetBanking. Yes, the operator does support other faster banking methods, but they are either not India-specific or are cryptocurrencies, which the majority of the punters in the country don't use.

Parimatch Mobile Betting

Mobile is the future of sports betting, with an increasing number of betting sites moving thick and fast to expand their footprint in the mobile betting space.

Featuring on our list of India's best cricket betting apps is the Parimatch mobile app.

  • It is available for both Android & iOS users and packs the same features as the desktop (or mobile browser) version.
  • It looks sleek and occupies 100MB of space.

That said, we think the best part about the Parimatch mobile app is that it is available in multiple Indian languages: Hindi, Bengali, Telegu, and Marathi. Moreover, the UI is highly engaging yet uncluttered, and you can even contact customer support via the app.

Remember that for Android devices, you will have to download the APK first, while when it comes to iOS devices, the Parimatch app is available on the App Store.

Parimatch Withdrawal Time India FAQs

Is Parimatch safe?

Yes, using Parimatch is 100 percent safe. One of the top gaming regulators in the world, Curaçao eGaming, has issued the bookmaker its international licence. Overall, Parimatch offers a dependable, supervised, and pleasurable sports betting experience.

Can I bet with INR at Parimatch?

Absolutely. The operator accepts INR as its base currency, which means you don't have to deal with unnecessary currency conversion math or conversion fees, for that matter. All Parimatch bonuses are offered in INR too.

What is the Parimatch maximum withdrawal limit?

The Parimatch website doesn't state this info explicitly.

What is the Parimatch minimum withdrawal limit with NetBanking and bank transfer?

The Parimatch minimum withdrawal for both payment methods is ₹500.

What is the Parimatch withdrawal time in India?

Parimatch withdrawal times vary across all payment methods. However, the least is only 15 minutes for all cryptocurrencies.

How do I withdraw money from Parimatch?

The entire Parimatch withdrawal process is straightforward and has been described in the article. Just remember that for a successful withdrawal, you must use the same method as the deposit.

Does Parimatch have a mobile app?

Yes, the Parimatch mobile app is available for both Android and iOS devices. Head to the Parimatch website for the app download links.

How can I reach Parimatch India customer care?

You can reach Parimatch India's customer care through the following means:

Keep a note that Parimatch does not have a mobile hotline number but all your queries can be resolved at the live chat section.

Cricket Betting Advice Final Say

By now, you probably have all the clarity on Parimatch payout times in India. So, if you are from there and looking for a cricket betting site that supports payment methods commonly used in the country, offers competitive prices across markets, and promises easy deposits and fast payouts, you can check out Parimatch for yourself!

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