Written by:
Oliver Dickinson
Fact checked by:
Damjan Jugovic Spajic
Updated:
February 22, 2024

Parimatch Sportsbook Deposit and Withdrawal Methods

Parimatch India Sportsbook Banking

Parimatch is an international sportsbook where you can bet on 30 + sports and hundreds of live events every single day. Parimatch is a fully licensed betting site and one of the best options for Indian players, not only thanks to their incredible cricket and hockey markets but also because of their local Indian payment methods.

Get nice and comfy as we get you up to speed on all the different payment options available at Parimatch and quickly walk you through the deposit and withdrawal process!

Parimatch Sportsbook Banking Options for Indian Customers

You will be happy to know that Parimatch website accepts payments in INR. They have a range of exclusive INR bonuses for Indian players and all kinds of local payment methods, including:

💳Payment Method💵Min Deposit💰Max Deposit⏱️Deposit Processing Time💵Min Withdrawal💰Max Withdrawal⏱️Withdrawal Processing Time
Visa₹300₹10,000,000Instant₹1,000N/AUp to 5 days
Mastercard₹300₹10,000,000Instant₹1,000N/AUp to 5 days
Paytm₹500₹70,000Instant₹1,000N/AUp to 24 hours
UPI₹500₹50,000Instant₹1,000N/AUp to 24 hours
Bitcoin₹100N/AUp to 10 minutes₹1,000N/AUp to 10 minutes
Jetton Wallet₹1,000N/AInstant₹1,000N/AUp to 24 hours
AstroPay₹300₹800,000Instant₹1,000N/AUp to 24 hours
Skrill₹400N/AInstant₹1,000N/AUp to 24 hours
Neteller₹400N/AInstant₹1,000N/AUp to 24 hours
EcoPayz₹400N/AInstant₹7000N/AUp to 24 hours

How to Make Payments at Parimatch From India

You must be at least 18 years old to sign up and make payments at Parimatch from India. Parimatch is licensed under the Curacao Gaming Control Board and verifies the identity of all Indian customers. See below how to sign up at Parimatch and get verified right away!

Registration Process

Parimatch has a simple registration process, they don’t make you jump through unnecessary hoops like other sportsbooks. To get your Parimatch Sportsbook account up and running, follow these steps:

  1. Open Parimatch’s official website and hit the yellow Join Now button in the top right-hand corner
  2. Enter your phone number and password
  3. Type in the code sent to your phone
  4. Fill in your personal details like name, address, and date of birth
  5. Come up with a secret question and answer

The whole process should not take more than a few minutes. Once you have finished registration, you can deposit instantly via Indian payment methods and make your first bet!

Verification Steps

At Parimatch India, you can deposit money and start betting without passing verification. However, if you want to cash out your winnings, you will need to confirm your identity. We recommend getting it over and done with as soon as you sign up. This way, your withdrawal will be processed straight away, and you can avoid frustrating delays.

To verify your Parimatch Sportsbook account, you will need to upload a photo of your ID and a selfie of you holding your ID. Indian players can upload their Aadhaar card. You will also need to show proof of address and upload a bank statement or utility bill.

To get your Parimatch Sportsbook account verified, follow these steps:

  1. Log in to your Parimatch Sportsbook account
  2. Click on the user icon
  3. Tap personal data
  4. Select account confirmation from the drop-down menu
  5. Select your verification methods
  6. Upload pictures of your ID, utility bill, or bank statement

Make sure that the pictures you upload are clear, and you can see your personal data. Parimatch Sportsbook typically takes up to 24 hours to verify your account.

Parimatch IN Cashier

To get to the Parimatch IN Cashier, you just need to hit the deposit button, which is located in the top right-hand corner of your screen. Once you arrive at the cashier, you will be greeted by all of the available Parimatch payment methods. To add funds to your account, simply click the make a deposit button, type in the amount you wish to deposit, click continue, and fill out your payment details.

Parimatch INR Payment Limits

Parimatch is the ideal Indian sportsbook, no matter if you are a high roller or betting on a budget. Many payment methods like Bitcoin and Neteller don’t have a max deposit limit, and you can cash out millions of rupees in a single transaction. Parimatch also has very generous INR deposit limits starting at just ₹100 when you deposit via cryptocurrencies and ₹300 when you use methods like Visa or Mastercard.

Processing Times and Fees

Parimatch does not charge fees for deposits and withdrawals, which means you get to fully utilize your bankroll and keep all of your winnings! Parimatch website also has some of the fastest payment processing speeds we have come across.

Deposits via virtually all payment methods, including Visa, Mastercard, Bitcoin, Jeton Wallet, UPI, Paytm, Google Pay, Amazon Pay, Skrill, and Neteller, are processed instantly. Likewise, withdrawals are lightning quick, you will receive your winnings within just 15 minutes when you cash out via Bitcoin or e-wallets like Neteller or Skrill. UPI, Paytm, MobiKwik, and PhonePe cashouts are also processed in under 15 minutes!

How to Make a Deposit at Parimatch Sportsbook

Alright, so you are all signed up and ready to bet, but first, you need to actually add some ammo to your account. To make your first Parimatch deposit, simply:

  1. Sign in to your Parimatch Sportsbook account
  2. Hit the deposit button, which is located in the top right-hand corner of your screen
  3. Find your desired payment method and click the Make a Deposit button
  4. Enter the amount you wish to deposit
  5. Click Continue
  6. Type in your payment details
  7. Confirm the transaction

Then just sit back and wait a couple of minutes for your deposit to arrive. Once the funds have hit your Parimatch account, it is time to browse the betting markets and find a winner!

Parimatch Minimum Deposit

The minimum deposit limit at Parimatch is just ₹100 when you deposit via Bitcoin and ₹300 for most other payment methods, including Visa or Mastercard, AstroPay, and Paytm.

How to Withdraw Funds from Parimatch Sportsbook

So you have finally managed to pick a winner, and now it’s time to cash out. To withdraw money from Parimatch, just follow these steps:

  1. Sign in to your Parimatch Sportsbook account
  2. Click your INR account balance
  3. Click withdraw
  4. Find your desired payment method and click the request withdrawal button
  5. Type in the amount you wish to cash out
  6. Enter your payment details and confirm the Parimatch India withdrawal

Depending on the payment method you choose, you will receive your winnings in as little as 10 minutes. We recommend cashing out via crypto or e-wallet if you are in a hurry to access your funds.

Parimatch Minimum Withdrawal

The minimum withdrawal at Parimatch is just ₹700 when you cash out via ecoPayz, and the withdrawal time is 10 minutes. Most of the other banking methods have a min withdrawal limit of ₹1,000.

Features That Make Parimatch Sportsbook Ideal for Players in India

Parimatch Sportsbook is an amazing betting platform for Indians. The site is fully licensed, offers incredible betting markets for cricket, accepts Indian rupees, and has exclusive bonuses for Indian bettors, what more do you want?

Local Sports

At Parimatch, you can bet live on every single match from the Cricket World Cup, Ashes, IPL, Big Bash, and every time the Indian national team takes to the field. Parimatch also has exciting markets for field hockey, kabaddi, and badminton. You can also bet on 30 + football leagues, including the Indian Super League.

Reputation + Safety

Millions of Indians choose to bet at Parimatch Sportsbook due to this site’s stellar reputation. They are one of the first online sports betting sites and have been taking wagers since 1994. Parimatch holds a number of online betting licenses, including a Curacao license, which allows them to legally accept Indian users.

INR Payments

You won’t ever be hit with nasty foreign currency exchange fees when depositing or withdrawing at Parimatch. This international sportsbook accepts Indian rupee deposits/withdrawals. Also, you can bet on all of your favorite sports using INR.

Betting Bonuses

Parimatch Sportsbook has exclusive bonuses for Indian bettors, which are priced in INR. You don’t have to whip out your calculator and convert USD or EURO to INR. These INR bonuses are also tailored to the Indian market, have lower min deposit requirements, and are for popular Indian sports like cricket, hockey, and Kabaddi!

Local Payment Methods

Parimatch is one of the few international sportsbooks that has really adapted its services to the local Indian market. It supports instant and free deposits and withdrawals via Indian payment methods like UPI, PhonePe, MobiKwik, and Paytm.

Best Parimatch Sportsbook Payment Methods

At Parimatch, Indian users have access to tons of local and international payment options, including:

Google Pay

At the click of a button, you can deposit to and withdraw from Parimatch with Google Pay. This payment method offers top-notch security as Google never shares your card details with Parimatch. Google Pay is also 100% free, supports all bank cards, and works with all Indian banks.

Neteller

Neteller is one of the world’s most popular e-wallets for a reason and has been processing online gambling transactions since the industry began. Parimatch provides deposits and withdrawals via Neteller, and transactions are processed instantly. With Neteller, you can even earn exclusive rewards like cashback, which gives your sports betting wins a nice little boost!

PhonePe

PhonePe is a super easy-to-use app that allows you to make UPI payments. Parimatch India supports instant deposits and withdrawals via PhonePe, and there are zero fees. This is a convenient option if you don’t want to make payments via your credit/debit card or bank account.

UPI

With the power of UPI, you can send and receive cash instantly. UPI bypasses the middleman and allows you to send cash directly from your bank account to Parimatch for free. You don’t need to enter any bank details when using UPI, and all transactions are encrypted.

Bitcoin

Parimatch Sportsbook offers Bitcoin deposits and withdrawals. This payment method is ideal if you want to maintain your privacy. You never have to worry about your wife or family picking up a bank statement and seeing all of your gambling-related charges. Bitcoin is also great if you want quick withdrawals, as your winnings will hit your crypto wallet in less than 10 minutes.

Potential Issues with Parimatch Payments

While Parimatch has a lot of things going for it, this sportsbook is not perfect. A few issues we we have identified with Parimatch payments include:

If you have not verified your account before you hit that cash-out button, then your withdrawal may be delayed. This problem is easy to fix, as soon as you sign up at Parimatch, upload your ID and documents. Then, within 24 hours, your account will be fully verified.

While cryptocurrencies have a lot of advantages, one big downside is if you accidentally type in the wrong wallet address, your crypto will be lost forever. To ensure you receive your deposits and withdrawals, triple-check that you have entered the correct wallet address. And always copy and paste the address instead of manually typing it in.

If your bank is blocking deposits and withdrawals from Parimatch, then an easy solution is to use cryptocurrency or e-wallets like Skrill or Neteller. Cryptocurrency transactions are never blocked, and Skrill and Neteller are very gambling-friendly.

Customer Support

Parimatch provides 24/7 customer support to all Indian players. They make it incredibly easy to get in touch via email (support@parimatch.in), telephone (+447059761859), or live chat. Parimatch has professional customer support agents who are fluent in Hindi, Bengali, and English. If you have any issues with deposits or withdrawals, you can contact Parimatch’s customer support, and they will quickly resolve the issues.

FAQs

  • Is Parimatch Sportsbook safe?
    Parimatch Sportsbook is safe. Parimatch is a fully licensed sportsbook that has been operating throughout the world since the 90s. Millions of Indians bet with Parimatch every day.
  • What payment methods does Parimatch Sportsbook accept?
    Parimatch Sportsbook accepts a wide range of payment options, including Bitcoin, Visa, Mastercard, Paytm, Google Pay, UPI, MobiKwik, Skrill, AstroPay, Neteller, bank transfers, and more!
  • What is the minimum deposit at Parimatch Sportsbook?
    The minimum deposit at Parimatch Sportsbook is ₹100 when you deposit via Bitcoin and ₹300 when you use other payment methods, including Paytm, AstroPay, Visa, or Mastercard.
  • Does Parimatch Sportsbook accept Bitcoin?
    Parimatch Sportsbook does accept Bitcoin. You can deposit and withdraw via Bitcoin, and transactions are processed within 10 minutes.
  • How do I withdraw from Parimatch Sportsbook?
    To withdraw from Parimatch Sportsbook, just sign into your account, click on your account balance, tap the Withdraw button, select your payment method, enter the amount you wish to cash out, and type in your payment details.
AUTHOR
Oliver Dickinson

A football fan through and through, Oliver is a valued writer and contributor at Minimum Deposit Betting Sites. He boasts over 7 years of experience writing reviews, predictions, and picks for a variety of US and Europe-based websites.