bestodds logo

Parimatch Sportsbook Deposits & Withdrawals

Author

Sadonna Price

Updated: Jul 27, 2023

This page contains references to products from one of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Affiliate Policy, visit this page.

Parimatch prides itself on being inclusive and offers a large range of banking options for customers.

Whether you prefer the more traditional card payments, digital money transfers, or even cryptocurrency, you’ll find a method to suit you here.

Although fees are not charged by Parimatch, some providers do charge transfer fees, and deposit and withdrawal times can vary according to the method you choose.

In our summary below, we’ll take you through some of the main ways you can deposit and withdraw money at Parimatch Sportsbook and show you how easy it is to do.

How To Deposit At Parimatch Sportsbook

  • Register at Parimatch – If you haven’t already registered, then click on the ‘Sign Up’ button at the top right of the website and complete the basic details to create an account.
  • Select ‘Deposit’ – Once you have an account, you will see your balance at the top right of the screen with a green ‘Deposit’ button beside it. Click on it.
  • Select your preferred deposit method – Scroll down the list of available deposit methods and choose the one you want to use.
  • Select your deposit amount – Enter how much you want to deposit, taking into account the minimum deposit amount for your chosen method as well as your personal budget. Remember if you want to access the Parimatch welcome bonus then the minimum deposit is 200 INR.
  • Complete the process – The deposit amount will appear in your account balance and you can now start sports betting with Parimatch.

Payment Methods

There is a wide variety of deposit methods to choose from at Parimatch, so whether you’re a traditionalist with money or a whiz with crypto and digital transfers, there’ll be something for you.

Here’s a quick rundown of the most used deposit methods at Parimatch in India.

IMPS/UPI

IMPS stands for ‘Immediate Payment Services’ and relates to secure transfers of money from a smartphone, ATM, or through Internet banking.

In order to use it, users must have their own MMID (Mobile Money Identification Number) to add and select beneficiaries to receive money.

The Unified Payments Interface (UPI) is regulated by the Reserve Bank of India and is a trusted and reliable method of making real-time payments via smartphone in India.

The minimum deposit via UPI at Parimatch is 300 IRL while the maximum is 100,000 IRL.

AstroPay

AstroPay is a digital payment tool using an app or an AstroPay card that is available in Indian Rupee denominations.

It can be topped up regularly and used to pay for services and products as an addition to or instead of a bank account.

At Parimatch, the minimum AstroPay deposit is 400 INR and the maximum is 80,000 INR.

Paytm

Paytm stands for Pay through Mobile and is India’s largest and most popular mobile payments platform.

If you deposit at Parimatch through this method, the transfer will be instant with zero fees. The minimum deposit is 300 IRL and the maximum deposit is 100,000 IRL.

Phonepe

Similar to Paytm, Phonepe is a wallet where you can deposit and withdraw funds. You can use it to make instant deposits at Parimatch. The minimum deposit amount is 300 IRL and there’s a maximum of 100,000 IRL.

Neteller

You will need to set up a Neteller account before you make a deposit with this method. It is easy to do and there are zero fees as long as you use it once every six months.

For those who are unfamiliar, Neteller is an e-money transfer that enables you to easily make instant deposits and transfers.

The minimum deposit at Parimatch via Neteller is 800 INR with a maximum of 2,300 INR.

Skrill

This popular digital banking method requires you to set up an account. Once set up, you will be able to make quick and easy Skrill transfers including depositing at Parimatch.

The minimum deposit via Skrill is 80 INR and there is no maximum limit.

Bitcoin

Bitcoin is one of the many cryptocurrencies you can use to deposit at Parimatch, with others including Bitcoin Cash, Litecoin, and Ethereum.

Cryptocurrency is basically a digital currency that you use instead of cash.

The minimum deposit limits vary according to the different crypto tokens e.g. the minimum Bitcoin deposit is 0.0001 BTC, while the minimum Litecoin deposit is 0.033 LTC.

All cryptocurrencies have no maximum deposit limits.

Credit & Debit Cards

Visa and Mastercard payments can be used to make deposits, which will offer reassuring familiarity to many.

Simply complete your card details on the deposit page as you would when purchasing any product or service and the money will be transferred into your Parimatch account.

How To Withdrawal At Parimatch Sportsbook

Making a withdrawal at Parimatch is exceptionally easy, just follow these steps:

  • Go to the Parimatch Account menu.
  • Select ‘Finances’ and then ‘Withdraw’.
  • Choose your withdrawal method. Same method you used to deposit funds, if available.
  • If not, Parimatch will give you a list of withdrawal options for you to select from.
  • Enter the amount you wish to withdraw.
  • Fill in any required details.
  • Click ‘Confirm’ to complete the withdrawal.

Withdrawal times at Parimatch can vary according to the banking method you use.

Generally, withdrawals take anything from 15 minutes to 48 hours.

Parimatch Sportsbook Payout Time

PAYMENT METHODPROCESSING TIMEMINIMUM WITHDRAWALMAXIMUM WITHDRAWAL
Mastercard1 minute -7 days₹1320No Upper Limit
PhonePe15 minutes₹700No Upper Limit
Google Pay15 minutes₹700No Upper Limit
PayTM UPI15 minutes₹600No Upper Limit
PayTM Wallet15 minutes₹600No Upper Limit
UPI15 minutes₹700No Upper Limit
BHIM15 minutes₹2000No Upper Limit
WhatsApp Pay15 minutes₹700No Upper Limit
MobiKwik15 minutes₹300No Upper Limit
Jio Pay15 minutes₹1000No Upper Limit
Airtel Money15 minutes₹500No Upper Limit
Amazon Pay15 minutes₹1000No Upper Limit
Freecharge15 minutes₹1000No Upper Limit
PlayZapp UPI15 minutes₹1000No Upper Limit
BharatPe15 minutes₹700No Upper Limit
Money Go15 minutes₹105No Upper Limit
WebMoney15 minutes₹105No Upper Limit
Skrill15 minutes₹875No Upper Limit
AstroPay15 minutes₹105No Upper Limit
Perfect Money15 minutes₹105No Upper Limit
Jeton Wallet15 minutes₹500No Upper Limit
STICPAY15 minutes₹105No Upper Limit
AirTM15 minutes₹105No Upper Limit
PayTM Wallet New15 minutes₹5000No Upper Limit
ecoPayz15 minutes₹150No Upper Limit
PAYEER15 minutes₹175No Upper Limit
NETELLER15 minutes₹105No Upper Limit
IMPS with GPayUp to 2 days₹1000No Upper Limit
Bank TransferUp to 2 days₹1500No Upper Limit
NEFTUp to 2 days₹1000No Upper Limit
IMPS NewUp to 2 days₹1000No Upper Limit
Cryptocurrencies15 minutes₹37No Upper Limit
Parimatch CashN.A₹105No Upper Limit

Advice On Managing Your Bankroll

Managing your bankroll is a key skill when sports betting to ensure that it remains a fun pastime and not something that gets out of control.

Here are our top three tips to help you keep on top of your bankroll:

  • Create a budget – Give yourself a set amount each month that you’d like to use for sports betting. If it helps, move this amount to a separate account or create a digital wallet so that this money is kept independent of your regular funds. Only use these pre-determined funds for sports betting and make sure it’s an amount you can afford to spend.
  • Plan your betting strategy – This is important if you plan on betting on numerous events per month. You may choose to set a specific limit per bet, for example, 5-10% of your bankroll on each sport.
  • Don’t exceed your limits – No matter what the results of your bets, don’t be tempted to dip further into your budget or chase losses. Having a healthy relationship with sports betting can enhance your enjoyment of sports, so keep it healthy by sticking to your set limits.

Customer Service

If you have any questions or concerns about depositing or withdrawing funds at Parimatch then you can contact their customer support team for advice.

The live chat service is available at the click of a button on the website. Simply look for the ‘Chat’ icon at the bottom right of the screen or use the navigation bar to search for support.

The Parimatch support team are on hand day and night. They can answer your queries promptly and efficiently.

Alternatively, you can send an email to support@parimatch.in if you prefer this method of communication or have a non-urgent question.

If you think your query is a common one, then the comprehensive FAQ section on the website could be useful.

Just select from the topics on offer and you will find answers to all of the most common questions.

Author

About the author

For almost two decades, Sadonna has remained at the forefront of the gambling industry in the US and abroad, covering the latest news and legal update...

[Read full bio]