How to Deposit on Parimatch in India – Payment Methods, Currency, Minimum Deposit & Deposit Bonus

How to Deposit on Parimatch

Parimatch allows you to bet on various sports in India. It also offers secure and protected online sports betting. If you know how to deposit on Parimatch, here is a complete guide. Apart from these, we will also suggest plenty of payment options on Parimatch that will make deposits quick and straightforward.

What Payment Methods are Accepted on Parimatch in India?

Parimatch India offers several payment options to make deposits easy for its users. These include:

1. Electronic Payment Systems

Electronic payment systems provide fast, secure, and widely accessible transfer methods. Parimatch supports the following electronic options:

  • UPI—The Unified Payments Interface (UPI) is extremely popular in India due to its ease of use and fast transactions.
  • Cards- Most bettors use debit/credit (Visa/Master) cards to make deposits, a widespread payment option.
  • Netbanking– Most Indian banks are compatible with Parimatch, making it easy for players to transfer money directly from their accounts.
  • E-wallets– Indian users highly prefer options like Skrill, Neteller, and others as they are convenient and accepted across multiple betting platforms.

2. Cryptocurrencies

Cryptocurrency is gaining popularity as a deposit method in India for several reasons:

  • Bitcoin– The most widely recognized cryptocurrency allows users to deposit funds anonymously without middlemen.
  • Ethereum, Litecoin, and more– Parimatch also accepts a range of other cryptocurrencies, providing players with more options for flexible, fast, and secure deposits.

What Currencies are Accepted on Parimatch?

Parimatch allows users to make deposits in several currencies. This feature is particularly important for Indian players to avoid hefty conversion fees:

  • Indian Rupees (INR)– Parimatch recognizes the need for local currency support. INR is fully supported, meaning users won’t face currency conversion hassles.
  • US Dollars (USD)– Parimatch also accepts USD for those who wish to maintain their accounts in USD, though Indian bettors may need to consider conversion charges.
  • Euros (EUR)– Like the USD, Euros are also accepted on Parimatch.

However, if you deposit in non-INR currencies, your payment provider or Parimatch may apply minimal conversion fees.

What is the Minimum Deposit on Parimatch?

The minimum deposit amount on Parimatch can vary depending on the payment method you select. Here’s an overview:

  • For UPI and Netbanking– The minimum deposit is usually ₹300 to ₹500, depending on the specific UPI application or bank used.
  • For e-wallets like Skrill and Neteller– The minimum is slightly higher, typically around ₹600 to ₹700, which makes it suitable for users who want flexibility.
  • Cryptocurrency deposits—For cryptocurrencies like Bitcoin or Ethereum, the minimum deposit can fluctuate based on the currency’s current value in INR. Generally, it starts at ₹1,000 worth of the chosen cryptocurrency.
Method Minimum Deposit Max. Amount Fee Processing Time
Netbanking ₹1,000 ₹200,000 None Instant
Astropay ₹400 ₹80,000 None Instant
UPI Transfer ₹300 ₹100,000 None Instant
Neteller ₹800 ₹2,300 None Instant
Skrill ₹800 No Limit None Instant
Binance Pay ₹200 ₹380,000 None Instant
PhonePe Direct ₹300 ₹100,000 None Instant
PhonePe DP ₹300 ₹50,000 None Instant
Bitcoin 0.0001 BTC No Limit None Instant
Bitcoin Cash 0.01 BCH No Limit None Instant
Litecoin 0.033 LTC No Limit None Instant
Ethereum 0.01 ET No Limit None Instant
Tether TRC-20 5 USDT No Limit None Instant

How to Deposit Money in Parimatch?

Depositing money into Parimatch is simple. Follow these steps to fund your account:

1. Create an Account or Log In

If you’re new to Parimatch, you’ll need to create an account first:

  • Step 1: Visit the Parimatch website and click on the ‘Sign Up’ button.
  • Step 2: Enter your personal details, such as name, contact information, and password. Ensure that your contact details, especially the phone number and email, are correct, as they’ll be used for verification.
  • Step 3: Confirm your registration by following the instructions sent via email or SMS.

Once your account is created, log in with your credentials.

2. Go to Deposits

After logging in, head over to the deposit section of your Parimatch account:

  • Step 1: Once logged in, click on the “Deposit” button, usually found at the top of the page or in your profile section.
  • Step 2: You’ll see a list of available payment methods. Select the method that best suits you.

3. Choose the Payment Method

Select from the payment options provided:

  • If you’re using UPI, simply choose it and enter the relevant UPI ID.
  • If you’re using an e-wallet like Skrill, enter your e-wallet account details.
  • For cryptocurrency deposits, select your preferred crypto and generate a wallet address for Parimatch to which you will send your deposit.

4. Enter the Deposit Amount

Once you’ve selected your payment method:

  • Step 1: Enter the amount you want to deposit. Ensure you meet the minimum deposit requirements based on your chosen method.
  • Step 2: Confirm the transaction. Depending on the payment option, you may be redirected to a secure payment gateway, bank page, or crypto wallet.

Deposits are usually processed instantly, but in rare cases, they may take a few minutes or hours.

Parimatch Deposit Bonus

Parimatch offers a generous deposit bonus for new players. Using the promo code ‘CBP150’, you can receive a 150% bonus up to ₹30,000 on your first deposit. This bonus can be used for sports betting and other games on the platform, giving you more chances to win big. Simply enter the promo code during your deposit process to claim the bonus. Make sure to check the terms and conditions of the bonus, such as wagering requirements, to maximize this offer fully. It’s a great way to kickstart your betting experience on Parimatch.

Editors Recommendations:

FAQs on Parimatch Deposit

Q: How do I deposit money on Parimatch?

A: Log in to the Parimatch app or website, go to “Deposits,” pick a payment method, and enter the amount.

Q: What if I have a deposit issue on Parimatch?

A: Contact Parimatch’s 24/7 support team for assistance.

Q: What’s the minimum deposit on Parimatch?

A: Minimum deposits vary by method, starting from ₹200.

Q: Which deposit method is the best for Parimatch?

A: Popular options include Netbanking, AstroPay, UPI, and Bitcoin.

Q: Are withdrawals processed fast on Parimatch?

A: Yes, withdrawal times depend on the payment method, but they are generally processed within a few hours to 72 hours.

Q: Does Parimatch charge fees for deposits?

A: No, Parimatch doesn’t charge any deposit fees.

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