Guide to Net banking in India 2021
Net banking, internet banking or bank transfers, all refer to the same concept. It’s basically a bank transfer from your bank to the live casino, it’s also one of the easiest and most popular payment methods out there. As long as you have an Indian bank account you’re good to go!
Below you can find a toplist with the casinos we recommend and that also offer Net Banking as a payment method for deposit and withdrawals. All these casinos have INR, Indian rupees as currency so you don’t have to worry about the currency exchange rate or fees.
Steps on how to deposit with Net banking
It’s very easy to deposit using Net banking, you just have to follow the below steps but keep in mind that different casinos might have slightly different journeys in the cashier.
- Open the cashier and choose Net banking as method of deposit
- Choose amount and confirm your deposit
- Choose your bank and confirm
- Login in to your bank app, check the deposit details and submit the transaction.
- Enter the OTP code in the Net banking solution that you should have received on your phone.
- Confirm the deposit and wait for the successful message
How does Net banking work?
Net banking is an easy way to deposit money into online casinos, you basically just need to choose Net banking in the cashier, follow the steps and choose your bank. Then you just need login into your bank app or the internet bank on your computer and accept the transfer. You usually receive an OTP-code which you enter in the cashier and the deposit should now be complete. Keep in mind that the deposit process might be a bit different depending on casino.
One thing to keep in mind is that these deposits might have a slight delay because the payments are processed in batches on a 30 min basis. Therefore there might be a slight delay before your deposit shows up in the cashier.
There is no maximum or minimum amount from the Net banking solution but keep in mind that the casino might have imposed a minimum deposit and withdrawal limit that you have to follow.
Most banks are participating which makes it easy to deposit, some banks that support bank transfers through Net banking are State Bank of India (SBI), HDFC Bank and ICICI Bank.
How to make Withdrawals with Net banking?
To make withdrawals with Net banking is as easy as depositing, you just need to select UPI/Netbanking in the cashier as your preferred Withdrawal method and enter your bank details. That includes the account number and the 11-digit IFSC code (Indian Financial System Code) and withdrawal amount.
The withdrawals might take 3-5 business days as online casinos have their own processing times.
Keep an eye if there are any withdrawal fees for certain methods as some casinos can add a fee to cover the transaction costs on their end.
Yes, by default you’re depositing in your banks local currency.
There can be fees, check with your bank and the casino you’re playing at to confirm if any transaction fees.
Yes, most online casinos accept withdrawals through Net banking. Keep an eye on any withdrawal fees and minimum amount.
Published on November 3, 2020 by Matt Brown. Last updated: February 12, 2021