When it comes to withdrawing your funds from Parimatch, you expect the process to be convenient and safe. Parimatch caters to this demand by keeping its withdrawal stages simple.
The betting site offers a variety of payment methods such as UPI, Netbanking, and AstroPay. Apart from these, you also get the cryptocurrency option, with choices such as Ethereum, Bitcoin, Tether, Bitcoin Cash, and Litecoin, among others, at your disposal.
Make sure that you verify your account after registering with Parimatch. This is a crucial prerequisite and the difference between you being able to withdraw your money or not.
Read on and find out all the details of withdrawing money from Parimatch in India.
How to Withdraw Money to UPI with Parimatch?
Parimatch ensures that your withdrawal process is quick and simple. All you need to do is follow the below steps to complete your withdrawal on the site –
- Visit the official Parimatch website and log in using your registration details
- On the top-right corner, click on the profile icon
- This will open a new page, where you can find ‘Withdraw’. Click on it
- It will present you with the list of available payment methods
- Tap on your preferred choice and provide the necessary details, including the amount that you wish to withdraw, and complete checkout
It is very important to complete the verification process of your account without which you will not be permitted to take money out of your online wallet. We explain how to verify your account in our detailed Parimatch registration guide.
What is the Minimum Withdrawal at Parimatch?
The minimum withdrawal limit on Parimatch is INR 500 for some payment methods. Parimatch does not necessarily set a maximum withdrawal limit for its members. However, payment merchants often have their own withdrawal limits for their payment systems.
Here is a table with an in-depth explanation about the different payment methods and the minimum amount that you can withdraw.
|Payment Method||Min Withdrawal|
|IMPS Pay||INR 500|
|Tether TRC-20||INR 500|
The terms and conditions of Parimatch also state that if you want to withdraw INR 7,500 or more, your account must be verified. In accordance, you must provide your personal information and payment details in your profile.
This step allows the operator to protect your own money from being withdrawn illegally by another party.
If you are looking for more information about making deposits at this bookmaker, make sure to check out our Parimatch deposits guide.
What is the Parimatch Withdrawal Time?
Netbanking and IMPS platforms usually take up to 48 hours before your funds get transferred to your bank account. In other instances like AstroPay, Neteller, etc. the withdrawal process is almost instant..
The below table shows the Parimatch withdrawal time for each available payment method.
|Payment Method||Withdrawal Time|
|Netbanking||Upto 48 hours|
|UPI||Up to 48 hours|
|IMPS Pay||Up to 48 hours|
On rare occasions, it may happen that you do not receive your money for 12 hours. It happens normally due to a technical issue, and under such a situation, it is advisable to contact the customer support team.
You can reach out to them via the chat feature on the website or by sending an email to [email protected].
The professionals are well-trained and will be able to provide a quick solution, ensuring that your funds reach you soon.
What is the Maximum Payout?
With Parimatch, the maximum payout is usually INR 83,23,780 on a single bet. While there is no maximum withdrawal limit set by the bookmaker, the payment method of your choice will have its own withdrawal limits. Make sure to check them out before making large withdrawals.
If you are faced with any issues while withdrawing a large sum, you can contact the customer support team. They will ensure that your funds reach you in full and in a quick time.
They will also guide you if there is any discrepancy in your account settings such as KYC not done or account not verified. Once you complete these mandatory obligations, you will be able to withdraw your money.
Can I Cancel a Withdrawal?
Once in a while, you may be faced with an unwanted situation where you want to cancel your withdrawal. Luckily for you, Parimatch allows you to cancel a withdrawal.
You are given a brief window to reverse your withdrawal request, wherein you must quickly visit the ‘Withdraw’ section under your profile and check the status of your request.
If it shows as pending, click on ‘Tap here to reverse’, which appears under the pending withdrawal request. Your withdrawal will be cancelled.
In case the withdrawal has been processed, you cannot revoke it.
Why Can't I Withdraw Money from Parimatch?
Parimatch, being one of the top bookmakers in the industry, uses all its resources to make the withdrawal process stress-free for you.
However, if you come across an instance where you are unable to withdraw your funds from your winnings, there may be an issue with your KYC or that you may have missed a step during the verification process.
It is in your best interest to contact the customer support team, who will be more than happy to assist you and sort out the issue so that you can put forward a withdrawal request now and in the future.