Updated Parimatch Payout Times & Parimatch Withdrawal Methods in India (2022)

Tailored for Indian punters? Check. Wide selection of cricket betting markets? Check. Meaty welcome bonuses and cricket-related promotions at any point in time? Check. Live betting and a great betting exchange? Check.

If you want a bookmaker to tick all the above boxes, you might want to check out Parimatch. One of India’s top cricket betting sites with a large punter community, this bookmaker is as good as the other giants in sports betting. In this article, we’ll look at Parimatch withdrawals in India, including the operator’s payout times and maximum and minimum withdrawal limits.

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.

This 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.

Payment Method Parimatch Minimum Withdrawal Parimatch Withdrawal Processing Time Processing Fee
AstroPay ₹1000 Up to 1 hour ₹0
Netbanking ₹500 Up to 30 minutes ₹0
IMPS ₹500 Up to 48 hours ₹0
Paytm Transfer ₹2000 15 minutes – 12 hours ₹0
Bitcoin ₹1000 15 minutes – 12 hours ₹0
Tether TRC-20 ₹150 15 minutes – 12 hours ₹0
Litecoin ₹1000 15 minutes – 12 hours ₹0
Ethereum ERC-20 ₹1500 15 minutes – 12 hours ₹0
Bitcoin Cash ₹1000 15 minutes – 12 hours ₹0
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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:

  • 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

How do you withdraw money from Parimatch in India? 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.

This step-by-step Parimatch withdrawal pointers below will help you: 

  • 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, and 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, Parimatch may reject the request. While the exact wagering percentage could vary, 70% is the bookmaker’s usual limit.

Parimatch Withdrawal Times Using 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. But, of course, that’s a rarity.

Parimatch minimum withdrawal with bank transfer ₹500
Processing fee Nil
Withdrawal processing time Up 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; we’ve got you covered. You can easily cancel your Parimatch withdrawal request but remember 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

Most Parimatch withdrawal times range from 15 minutes to 12 hours, with Netbanking and IMPS taking up to 30 minutes and 48 hours, respectively. But 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, we will quickly discuss 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.

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 deposit methods and their minimum deposits.

Payment Method Processing Time Processing Fee Parimatch Minimum Deposit Parimatch Maximum Deposit
AstroPay Instantly N.A. ₹400 ₹200000
Rupay Card Instantly N.A. ₹200 ₹200000
UPI N.A. ₹200 ₹15000
Paytm Transfer Instantly N.A. ₹1500 ₹99000
Bitcoin Instantly N.A. 0.0001 BTC N.A.
Tether TRC-20 Instantly N.A. 1 USDTT N.A.
Litecoin Instantly N.A. 0.01 LTC N.A.
Ethereum ERC-20 Instantly N.A. 0.01 ETH N.A.
Bitcoin Cash Instantly N.A. 0.01 BCH N.A.

Why Bet On Cricket With Parimatch?

We hope we have addressed your questions on Parimatch withdrawal times in India. But why choose this bookmaker at all? While our in-depth cricket betting reviews will give incisive insights, listed below are some reasons why 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, for that matter. 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 live streaming.
  • Welcome bonus & cricket promos
    Parimatch has a bonny sports betting welcome bonus (for new customers only) and many other betting offers for existing punters. The bookmaker 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
    Parimatch features multiple cricket betting markets across both pre-match and in-play wagers. Rest assured, you’ll never be left wanting.

Cricket Betting Sites With Instant Withdrawal

Below are some cricket bookmakers that support instant withdrawals. In the table below, you’ll find all relevant payment methods for each bookie, along with their minimum withdrawal amounts.

Bookmaker Skrill AstroPay Neteller UPI Visa/Mastercard credit card ecoPayz Cryptocurrency
Dafabet ₹500 ₹500 ₹500 ₹800 ₹500
PureWin ₹2000 ₹2000 ₹2000
Sportsbet.io ₹85-90
Casumo ₹500 ₹500 ₹500

Which Parimatch Withdrawal Method Is The Best?

Parimatch withdrawal times vary across the various payment methods. We cannot comment on which deposit or withdrawal method is the best, considering that it will depend on your specific requirements. That said, we can recommend a few Parimatch payout methods based on the minimum withdrawal amount and the time taken:

  • Netbanking involves the least withdrawal time of only 30 minutes and a minimum withdrawal of only ₹500.
  • IMPS, on the other hand, has a low minimum withdrawal of ₹500, but the payout time can go up to 48 hours.

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 a lot.

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.
  • Looks sleek and occupies 100MB of space.

That said, the best part we think 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. But for iOS devices, the Parimatch app is available on the App Store.

Parimatch Withdrawal Times 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 license. Overall, Parimatch offers a dependable, supervised, and pleasurable sports betting experience.


Can I bet with INR at Parimatch?

Of course, you can. 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.


How long do Parimatch withdrawals take?

Parimatch withdrawal times in India vary slightly across the various payment methods. With Netbanking, payouts are typically processed within 30 minutes, and with IMPS, this can go up to 48 hours.


How to 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:

  • Email: support@parimatch.in
  • Live chat: check on-site
  • Viber: +38-099-224-25-62
  • Telegram: @ParimatchINDIA_bot
  • WhatsApp (click-to-contact feature)


Cricket Betting Advice Final Say

By now, you probably have all the clarity on Parimatch payout times in India. So, if you are from India 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.

But don’t take our word for it – sign up on Parimatch and see for yourself.

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