Indian Online Casino Banking Methods 2024

Here, we consider what payment methods are accepted at online casinos operating in India. The most popular and available banking options will be analyzed.

online casino banking

Online casinos cooperate with multiple payment service providers to meet the needs and demands of all clients. Various payment systems are popular in different regions. For example, Neosurf is commonly used in Australia, while Interac is valid for Canadian citizens only. Thus, this article is devoted to the most popular payment systems that are used and accepted at Indian casinos.

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🔥 Indian Online Casino Banking updated: 17 Jul 2024 09:07:05

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online casino banking India

E-commerce and online banking have gained incredible popularity nowadays. The tendency to use e-banking penetrated the gambling industry as well. Thus, most gamblers prefer to deposit and withdraw using online banking tools. Below, let’s briefly list the most popular online casino banking methods. The following systems are found almost on every gambling portal available in the territory of India.

Most payment systems don’t charge fees on transactions. However, check it before withdrawing.


chief editor Dominic Dixson

🔵 Bitcoin

Crypto is rapidly being introduced into the online casino sphere. More and more platforms add it to the list of accepted payment methods. Some casinos even provide crypto accounts with exclusive bonuses. This is the fastest way to deposit and withdraw money without fees.

⚪️ Paytm

This is a traditional Indian electronic payment system that allows making transactions using a mobile number. No cards are required. All transactions are processed within a matter of a few minutes. The system allows paying for most services, depositing casinos, and cashing out funds.

🔵 PayPal

This is a large international e-payment system. It is available in most countries across the world. 20 currencies are used within the system to make purchases or transfer money. The system ensures secure, fast, and low-fee transactions.


⚪️ Neteller

This payment system is well-known throughout the world. It is available at almost all casinos. High limits, low fees, instant transactions make this e-wallet one of the most demanded. Casino withdrawals are processed by the system within a few hours.

🔵 Skrill

Along with Neteller, Skrill is present at most gambling portals. This is an e-wallet that provides secure international payments and is available in most states of the world. Gamblers use this payment system to deposit their bankrolls and withdraw money since transactions are instantly processed and are fee-free (or low-fee).

Bankroll
An amount of money on a player’s account, which is available for gambling.
Site Online Casino Banking Withdrawal Methods Min. dep., Rs. Min. Withdr., Rs. Fee Processing time
Casumo Visa, Skrill, Neteller, PayTM, AstroPay. Visa, Skrill, Neteller, PayTM, AstroPay 100 500 No 1-6 days
888 Mastercard, Visa Skrill, Neteller, UPI, ecoPayz Skrill, Neteller, UPI, PayTM 1500 2000 No Up to 5 days
Jungle Raja Visa, Mastercard, Skrill, Neteller;
NetBanking, Local Bank Transfer
NetBanking and Local Bank Transfer 1000 1.000 for NetBanking and. 5.000 for Local Bank Transfer Free
5% for LBT  less than 1000
1-6 days
Leovegas Neteller, Skrill, Visa, Mastercard, Trustly, PayPal, PayTM, Paysafecard Neteller, Skrill, Visa, Mastercard, Trustly, PayPal, PayTM, Paysafecard, UPI, bank wire 1000 500 No Up to 6 days
Bollywood Skrill, Neteller, PayTM, Bitcoin Skrill, Neteller, PayTM. Bitcoin 500 1000 No 1-5 days

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💳 Deposit and withdrawal tips

Indian Online Casino Deposits and Withdrawals

Before you pick an online casino banking option, consider the following pieces of advice from our experts:

  1. Diverse payment systems have different limits for transactions.
  2. Study bonuses of your casino first. Some portals provide benefits for depositing on particular days.
  3. Check whether a payment system doesn’t charge fees on deposit transactions.
  4. Pick the payment system with the fastest processing time.
  5. If you want to claim a Welcome bonus, deposit a minimum sum set by the casino.

Note that all accounts must be verified to withdraw winnings from the casino. This rule is applicable to all accounts regardless of the picked payment method. Be ready to upload scans of your passport or driving license, a credit card with a closed number, and a utility bill.

Before withdrawing money, consider the following points:

  1. Is the fee charged by a payment system? If yes, what is its size?
  2. Make sure that your account is verified. Otherwise, your request will be denied.
  3. Most casinos allow withdrawing funds via depositing methods.
  4. Check the minimum withdrawal limit set by the casino.
  5. If you use bonuses, you must meet wagering requirements first.
  6. Consider processing time. E-wallets are much quicker than bank wires.

Note that bank transfers are processed for up to 5-6 days, while e-transactions are processed within a maximum of one day.

Indian online casino banking Deposit Withdrawal Min. limit per transaction Processing time Fee
Bitcoin Yes Yes 0.001 BTC 1-2 hours No
Neteller Yes Yes $ 5 Up to 1 day 1-2%
Skrill Yes Yes $ 5 Up to 1 day 1-2%
PayTM Yes Yes $ 10 1-2 days Up to 5%
PayPal Yes Yes $ 10 Up to 2 days Up to 4%

How do I choose the safest payment method for online casinos?

Experts agree that online payment systems provide the highest level of security and protect their clients from hacker attacks and all sorts of scams. Here are some pieces of advice from our experts on how to pick the best banking option.


Posted on
FanCasinos.in
Daniel Vasey
Daniel Vasey
answered

Generally, all payment systems are equally secure. Thus, consider the size fees charged on transactions.

Ashley Fitchett
Ashley Fitchett
answered

Some payment systems require account verification to improve the level of client account protection. Also, SMS codes are used to confirm transactions.

Lachlan Bacon
Lachlan Bacon
answered

A secure payment system is DCI SSL compliant and programmed using enhanced algorithms and modern technology.

How to receive a first deposit bonus?

It will take: 10 minutes

A Welcome bonus is provided by absolutely all online casinos. To receive it, players should make the first deposit. Go through the following steps to claim the promotion.

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❓ Frequently asked questions

As a rule, online casino banking includes the following systems: international bank cards (Visa and Mastercard), e-wallets (Neteller, Skrill), vouchers (Paysafecard, Neosurf), crypto (Bitcoin), and some other regional methods.
Most frequently, Indian citizens prefer the following payment options: PayTM, UPI, Neteller, Skrill, PayPal, Bitcoin.
Yes, surely. More and more casinos become crypto-friendly and add not only Bitcoin but also other crypto types (Litecoin, Dogecoin, Ethereum) to the lists of accepted payment options. Bitcoin transactions are instant and fee-free. Some casinos even allow creating crypto accounts and provide unique bonuses for crypto clients.
Note that to withdraw funds from the casino, a client must meet several conditions. First of all, all accounts must be verified. Unverified users can’t withdraw money; all their withdrawal requests are refused. Secondly, if you use bonuses, you must meet wagering requirements first only after wagering bonus winnings, you’ll be able to withdraw money. Consider the minimum withdrawal um for your casino.
A secure payment system must be DCI SSL compliant, which means that enhanced encryption algorithms and modern technology are used for protecting user accounts from hacking. Also, read feedback from real users who will disclose all the pitfalls and explain how the system works.

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📝 Players reviews

5

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Dominic Dixson

written by

Dominic Dixson
Reviewer since 08/2021. Chief editor.

Hello, I’m Dominic. I write articles for this website. My main goal is to provide gamblers with the most important information about online casinos and their main features, including games, bonuses, payment options, WR, etc.

@