How to Withdraw Money from Parimatch India 2024

How to Withdraw Money from Parimatch: Parimatch is one of the most successful Internet betting services, providing its users with a great number of sporting events for bets, live games, casinos, and esports. Of course, undoubtedly, the most significant piece of information that any player should be familiar with when using Parimatch is how to withdraw winnings. Therefore, this guide will prove to be very useful in leading a player through the process of withdrawing money from Parimatch as smoothly, safely, and efficiently as possible.

Step 1: Log in to Your Parimatch Account

To start receiving a payout, log in to your Parimatch account. Here’s how you do it:

Go to the Parimatch website or open up the mobile application.
Click on the Login link, usually found at the top right corner.
Insert your registered email or cell phone and password.
If you have forgotten your password, do not bother. You can just click on the link “Forgot Password” and follow these steps to retrieve it.

Step 2: Accessing the Withdrawal Section

Step 1: Open your Parimatch profile by clicking the profile button (in the Parimatch app or on the Parimatch site from any page).
Step 2: Finish the account verification or confirmation (must be done once for your account) in order to withdraw more than 7,500 INR.
Step 3: Press the button to withdraw.
Step 4: From the list of withdrawal options displayed on the screen, select your favorite.
Step 5: Enter the amount to be withheld and click Proceed.
Step 6: Comply with the instructions (different for each withdrawal method) on the screen that appears.

Withdrawal Options at Parimatch

One should pay attention to the variety of withdrawal methods that Parimatch offers and select one based on how the deposit into the account was made. Among probably the most available withdrawal options:

Bank Transfers: This is very reliable but takes some time to clear, up to several days.
Credit/Debit Cards: If you deposit Visa or MasterCard, you will probably withdraw the money back via the card.
E-Wallets: Parimatch supports popular e-wallet services like Skrill, Neteller, and PayPal. Withdrawals via e-wallets are often processed faster in hours.
Cryptocurrencies: For anonymity and quicker transactions, Parimatch has withdrawals available in popular cryptocurrencies like Bitcoin.

When selecting your withdrawal method, note the minimum and maximum withdrawal limits, processing times, and other fees associated with the transaction.

How to Enter Your Withdrawal Amount

Now, you enter the quantity of cash you want to withdraw. Notice that:

You will need to satisfy the minimum value a withdrawal can have using the method you have chosen.
Your balance is more than enough to cover the cash being withdrawn and all applicable fees.
Most methods of withdrawing cash have limits, so do this beforehand to avoid an issue.

Submitting a Withdrawal Request

Once you input an amount to withdraw, you should see the details of all the transactions once more before confirming the transaction. Parimatch might also ask for a password or a PIN to add security while processing.

Since this may be your first time using Parimatch, you may need to undergo some form of identity verification before withdrawing money.

Verification and KYC Process (Know Your Customer)

Parimatch may contact you for additional documentation on identity verification before processing your withdrawal. This is mainly if it is a first withdrawal or the withdrawal amount is significant. Some of the most common documents requested include:

Government-issued ID: passport, driver’s license, national ID card
Proof of residence: Utility bill or statement issued by a bank in the last three months.
Photograph: Proof of payment method, in any case, a photograph of your bank card or a screenshot of your e-wallet.

KYC is quite a long procedure, so it is better to prepare all the mentioned documents when you make your first withdrawal. In further cases, the drawing of your funds will be much quicker.

Waiting for Your Funds

Once you have completed the withdrawal, then you have nothing else to do but wait. The time it will take to receive the withdrawn amount in your account will depend on your specific method of choice:

E-wallets: These are usually the quickest, as you can view your funds within a few hours up to 24 hours.
Bank Transfers: This will typically take about 3 to 5 business days.
Credit/Debit Cards: It takes anywhere from 3 to 7 business days to withdraw.
Cryptocurrency: This is usually settled within a few hours through Bitcoin or other crypto.

Keep checking on the account for updates and notifications from Parimatch in your email inbox about successful withdrawals.

How to Resolve Withdrawal Issues

If the withdrawal process gives you a problem at any point, don’t freak out. Below are some common issues and their solutions:

Pending Verification: The withdrawal might just be delayed due to pending verification; check if all the requested documents are uploaded and verified.
Withdrawal Denied: Confirm that the payment method used to deposit money is the same one. Parimatch requires that the same payment method by which a person deposits money will also be used to withdraw money.
Bank Delays: The delay may also be on the bank’s side, especially with bank transfers. In such a case, it will be advisable to contact your bank for follow-up.

If one is experiencing some delayed withdrawals or a problem with his withdrawal, then there is always the option of contacting Parimatch customer support to come to one’s help.

FAQs : How To Withdraw Money from Parimatch

1. What is the minimum amount that can be withdrawn from Parimatch?

The amount that can be withdrawn on Parimatch depends on the withdrawal method. For example, the minimum withdrawal with an e-wallet, like Skrill or Neteller, may only be $10, while with bank transfers or even some card withdrawals, it must be at least $20 or higher.

2. Why does my Parimatch withdrawal take such a long time?

Withdrawal times vary depending on the method you select. E-wallets take a few hours, while bank transfers and card withdrawals take a couple of business days. If your withdrawal is late, it can only be due to the ongoing KYC verification process.

3. Is there a possibility of canceling my withdrawal request on Parimatch?

You may cancel a withdrawal request on Parimatch. To do so, go to your account’s “Withdrawal” or “Transaction History” and find the pending withdrawal. From there, you can easily select the cancel option and return the funds to your balance with Parimatch.