Netbanking Betting Sites

Listed below are the betting sites that accept Netbanking as a payment provider. In most cases this is for both deposits and withdrawals, but keep in mind payment processing can vary across each platform.

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What Is Netbanking

Netbanking is a popular payment method when it comes to Indian betting customers depositing money into their account. They can also use netbanking in order to make withdrawals and there are several advantages to doing this. This is a digital method of payment where banking transactions are conducted electronically.

Popular in India

The majority of Indian banks have now moved with the times and embraced the technology which enables their customers to transfer money using the internet. Ideally you should be able to access your bank account through a desktop, tablet or mobile device and that enables you to make payments along with receiving them.

Banking through the net

As the name suggests, netbanking is simply operating a banking account through the internet. It is normally the case that the bank has a mobile banking app where you can log in using Touch ID or Face ID. Alternatively, this app can be utilised to generate a security code and that can be entered to do your banking online.

Secure bet banking

Customer security is always paramount when it comes to netbanking and you should only have accounts with banks that are regulated. There are several reputable online banking brands in India and many of them can be linked to an online betting account so that transactions can be made between the two parties.

Accounts interlinked

When you have an online bank account, you will have specific details of this account that can be inputted at a bookmaker website. This means that the two become interlinked. When you make a deposit or request a withdrawal, then the funds can move between the two accounts swiftly and securely.

How To Deposit With Netbanking

First deposit method

There are principally two ways in which you can deposit into your bookmaker account using netbanking. The first of these is to enter your bank account details when you are logged into the betting account and authorise that a certain amount of money is taken from your bank balance to fund your betting balance.

Second deposit method

Once you have set the wheels in motion with the above, you should expect the money to move instantly into your betting account giving you funds with which to bet. The second method and more popular option is to enter the bank card details when you sign up for a betting account and that starts by inputting the long number.

Store your debit card details

This is what’s known as storing the card details and you will only have to do this once. Enter the long card number and it immediately becomes encrypted in your bookmaker account. You will also have to include information such as expiry date and security number, the latter of which is generally found on the back of the card.

You’ll need your security pin

For all future deposits, you might need to enter the security number again, although this is for your own safety and prevents fraud taking place. You naturally need to enter the stake that you want to deposit into your betting account. Please ensure that you have these funds available in your bank account before you go ahead and process the transaction.

Instant deposits in your account

The deposit using netbanking should be instant and there is usually a minimum and maximum amount of money that can be transferred using this method. If you are depositing for the first time, then you should be aware that the first deposit amount could have a direct bearing on the actual bonus you can earn overall.

Betting Withdrawels Through Netbanking

There are a number of ways in which a customer can make a betting withdrawal from their account and netbanking is one of the easiest. While there are popular e-wallet options such as PayPal, Neteller and Skrill now in the offing, many customers still link to forge a link between their bank account and betting account directly in order to move money backwards and forwards.

Similar to ordinary banking

A betting withdrawal through netbanking should be a fairly straightforward process. In the majority of instances, it’s a simple case of logging into your betting account and then heading to the “Bank” or “My Account” section of the site where you can find the “Withdrawal” page. 

Card details might be required

On this page, the bookmaker should already outline your preferred withdrawal method which ties in with the deposit method that was used. In this case, it is netbanking which means that you don’t need to enter the card details of your bank account again. It should just be a simple case of selecting the stake you want to withdraw and going from there.

Check the betting site for timescales

Some betting sites are very quick at processing a withdrawal. Some bookies might actually have your funds returned to you within the same day that you requested the money, although bear in mind that a first withdrawal could be dependent on the customer supplying further information.

Accounts might need to be verified

It might be that you need to verify your customer account or your identity by submitting additional documents such as passport, a photo of your bank card or a utility bill with proof of address. Once you have done this, withdrawing from a bank account using netbanking should be a seamless process and there should be no fees involved.

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