How to Deposit and Withdraw Money on Parimatch App
You can deposit to Parimatch in INR using trusted local options. To get started, simply complete the Parimatch download Apk and you’ll gain access to 4 instant local methods: UPI, Paytm, PhonePe, and Google Pay. The minimum deposit amount is ₹200 and the maximum per transaction is ₹2,00,000. Examples include UPI, Paytm Wallet, NetBanking, and IMPS. A 150% first deposit bonus up to ₹30,000 is available for new players.
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Valid as of July 2026
Payment Methods
Parimatch supports a wide range of deposit and withdrawal methods for Indian players — all available directly inside the app cashier.
| Payment Method | Deposit | Withdrawal | Processing |
|---|---|---|---|
| UPI | ✅ | ✅ | Instant / 5 min–2 hrs |
| PhonePe | ✅ | ✅ | Instant / 5 min–2 hrs |
| Paytm | ✅ | ✅ | Instant / up to 15 min |
| GPay | ✅ | ✅ | Instant / 5 min–2 hrs |
| Net Banking | ✅ | ✅ | Instant / up to 24 hrs |
| HDFC Bank | ✅ | ✅ | Instant / up to 24 hrs |
| Axis Bank | ✅ | ✅ | Instant / up to 24 hrs |
| SBI | ✅ | ✅ | Instant / up to 24 hrs |
| ICICI | ✅ | ✅ | Instant / up to 24 hrs |
| Yes Bank | ✅ | ✅ | Instant / up to 24 hrs |
| Kotak | ✅ | ✅ | Instant / up to 24 hrs |
| Visa / Mastercard | ✅ | ✅ | Instant / up to 24 hrs |
| RuPay | ✅ | ✅ | Instant / up to 24 hrs |
| Crypto (USDT/USDC) | ✅ | ✅ | Instant / up to 24 hrs |
| Cash on Delivery | ✅ | ❌ | Varies |
UPI remains the fastest and most popular payment method among Indian players — deposits credit instantly and withdrawals arrive in as little as 5 minutes after approval. All methods support INR with no conversion fees charged by Parimatch.
How to Make a Parimatch Deposit in India
Funding your Parimatch account takes under two minutes directly inside the app. Follow these four steps to make your first deposit.
Open the app and tap the Wallet icon
Log in to your account and navigate to the Cashier section from the bottom menu.
Select Deposit and choose your payment method
Pick UPI, PhonePe, Paytm, GPay, Net Banking, or any other available method from the cashier list.
Enter the deposit amount
Type an amount between ₹200 and ₹5,00,000. If you have a welcome bonus active, the bonus funds will be credited automatically after the deposit is confirmed.
Confirm the payment in your banking app
You are redirected to your UPI app or bank interface to authorise the transaction. Return to the Parimatch app once confirmed — your balance updates instantly.
Use the same name on your Parimatch account and your bank or UPI app to avoid payment mismatches. If your balance does not update within 15 minutes, save the UTR or reference ID and contact support via Live Chat inside the app.
Deposit Limits & Processing Time
All deposit limits and processing times below apply to Indian players funding their account in INR through the Parimatch app.
| Parameter | Details |
|---|---|
| Minimum Deposit | ₹200 |
| Maximum Deposit | ₹5,00,000 per transaction |
| Processing Time (UPI) | Instant |
| Processing Time (PhonePe / GPay) | Instant |
| Processing Time (Paytm) | Instant — up to 15 minutes |
| Processing Time (Net Banking) | Instant — up to 1 hour |
| Processing Time (Crypto) | Instant after blockchain confirmation |
| Deposit Fees | None charged by Parimatch |
| Currency | INR, USDT, USDC |
Deposits via UPI, PhonePe, and GPay credit instantly in the vast majority of cases. Delays can occur during bank maintenance windows or high-traffic periods — particularly during IPL match days or major cricket events. If a deposit does not reflect within 15 minutes, check the UTR or reference ID in your banking app and share it with Parimatch support via Live Chat.
How to Withdraw in the Parimatch App
Withdrawal requests are submitted directly inside the Parimatch app in four steps. KYC verification must be completed before the first withdrawal is processed.
Open the app and tap the Wallet icon
Log in to your account and navigate to the Cashier section from the bottom menu.
Select Withdraw and choose your payment method
Pick UPI, PhonePe, Paytm, GPay, or Net Banking. Use the same payment method and account name registered on your Parimatch account to avoid delays.
Enter the withdrawal amount
Type an amount between ₹500 and ₹1,00,000 per request. Ensure your cash balance covers the withdrawal — bonus funds cannot be withdrawn until wagering is complete.
Confirm the request and wait for approval
Parimatch reviews and approves the request. UPI withdrawals arrive in as little as 5 minutes after approval. Net Banking transfers may take up to 24 hours depending on your bank.
Indian players who use withdrawal via UPI get the fastest payouts — most requests settle within 5 minutes to 2 hours during standard banking hours.
Withdrawal Limits & Processing Time
All withdrawal limits and processing times below apply to Indian players cashing out in INR through the Parimatch app.
| Parameter | Details |
|---|---|
| Minimum Withdrawal | ₹500 |
| Maximum Withdrawal | ₹1,00,000 per request |
| Processing Time (UPI) | 5 minutes — 2 hours |
| Processing Time (PhonePe / GPay) | 5 minutes — 2 hours |
| Processing Time (Paytm) | Up to 2 hours |
| Processing Time (Net Banking) | Up to 24 hours |
| Processing Time (Crypto) | Up to 24 hours after blockchain confirmation |
| Withdrawal Fees | None charged by Parimatch |
| Currency | INR, USDT, USDC |
Withdrawal requests above ₹8,500 require identity verification before processing. Multiple withdrawal requests are queued — each new request is processed after the previous one is completed. Bonus funds cannot be withdrawn until wagering requirements are fully met. Players can track the status of pending withdrawal requests in the Wallet section of the app at any time.
KYC Verification Before Withdrawal
KYC (Know Your Customer) verification is required before processing any withdrawal from your Parimatch account. Indian players can complete verification directly inside the app in the Profile section.
- Open the app and go to Profile Settings
Tap your account icon and navigate to the Account Verification section. - Upload a valid identity document
Accepted documents include a government-issued ID, passport, or driver’s licence. The document must be valid and clearly legible. - Upload proof of address
A utility bill, bank statement, or Aadhaar card confirming your registered address is accepted. - Wait for verification to complete
The Parimatch team reviews submissions within a few hours in most cases. You will receive a confirmation notification inside the app once verification is approved.
KYC verification is a one-time process — once completed, no further document uploads are required for standard withdrawals. Requests above ₹8,500 trigger an automatic identity check. Players whose accounts are not verified will have withdrawals held until the verification process is complete.
Common Issues & Solutions
Most deposit and withdrawal issues on Parimatch have straightforward fixes. Check the list below before contacting support.
- 🔴 Balance did not update after deposit
Wait up to 15 minutes and check the UTR or reference ID in your banking app. Share the reference ID with support via Live Chat to trace and credit the funds manually. - 🔴 UPI payment failed or was declined
Ensure your UPI ID is active and the name on your UPI account matches your Parimatch account exactly. Try an alternative UPI app — GPay, PhonePe, or Paytm — if the first attempt fails. - 🔴 Withdrawal request is taking longer than expected
Check that KYC verification is complete in your Profile section. Requests above ₹8,500 require identity verification before processing. Net Banking transfers can take up to 24 hours depending on your bank. - 🔴 Withdrawal rejected due to name mismatch
The name on your Parimatch account must match the name on your bank account or UPI app exactly. Update your account details in Profile Settings or contact support to resolve the mismatch. - 🔴 Cannot withdraw — bonus is active
Bonus funds must be fully wagered before withdrawal is available. Check your wagering progress in the Bonuses tab of the app. Only your cash balance is withdrawable while a bonus is active. - 🔴 Crypto withdrawal delayed
Crypto payouts in USDT or USDC require blockchain confirmation which may take up to 24 hours depending on network congestion. Check the transaction hash in your crypto wallet for status updates.
FAQ
What is the minimum deposit in Parimatch India?
The minimum deposit is ₹200. It applies across all available payment methods including UPI, PhonePe, Paytm, GPay, and Net Banking. Crypto deposits in USDT or USDC follow the same minimum threshold.
What is the minimum withdrawal in Parimatch India?
The minimum withdrawal amount is ₹500 per request. Withdrawals below this threshold cannot be processed regardless of the payment method selected.
What is the Parimatch withdrawal limit per day?
The maximum withdrawal per request is ₹1,00,000. Multiple requests can be submitted, but each is processed sequentially — the next request is queued until the previous one is completed.
How long does Parimatch withdrawal take?
UPI and PhonePe withdrawals typically arrive within 5 minutes to 2 hours after approval. Net Banking transfers can take up to 24 hours depending on your bank. Crypto withdrawals in USDT or USDC take up to 24 hours after blockchain confirmation.
Are there any fees for deposits or withdrawals?
Parimatch does not charge fees on deposits or withdrawals. Your bank or payment provider may apply their own transaction charges — check with your bank before initiating large transfers.
Can I withdraw before completing KYC?
No. KYC verification must be completed before any withdrawal is processed. Players can deposit and bet without KYC in most cases, but verification is mandatory before the first payout.
Which payment method is fastest for withdrawals in India?
UPI is the fastest withdrawal method available — most approved requests settle within 5 minutes to 2 hours.
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