Betway Withdrawal - How To Withdraw And Deposit Money?

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About Betway App

Betway APK

App Name

Betway

Welcome Bonus

Rs 2500

Minimum Deposit

RS 200

Minimum Withdrawal

Rs 1000

Withdrawal Request Time

24 Hours

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Table of content:

What Is The Betway App?

Betway is a fantasy sports platform. It allows users to play fantasy cricket, soccer, hockey, formula1, basketball, live casino, esports, and multiple other sports. Wage money on your preferred game in Betway and win prizes according to your rank. Betway offers free and paid contests. Join the game and earn real money. Users must pay a fixed fee to participate in the Betway cash contest.

Users should be at least 18 years old to participate and win money in Betway and other best apps like betway. In this article, you’ll learn how to withdraw from the Betway app. You can also refer to the Betway referral code and earn bonuses.

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How To Withdraw Money From Betway App?

  • Go to your Betway account and .
  • Click on “My Account” under the prizes section of the betway cash withdrawal option.
  • Verify your bank account by putting in the asked details.
  • After confirming the details, enter the amount you want to withdraw.
  • The minimum withdrawal from betway is Rs 1000, depending on their winnings.
  • The betway maximum withdrawal amount is unlimited.
  • You will receive confirmation from Betway with the registered email ID.

How To Make Deposits On The App?

  1. Before proceeding to the Betway cash out, you need to know how to make a Betway deposit and place a bet. Fortunately, depositing into your Betway account is very easy. Just follow the simple steps given below.
  2. Betway App Download, Register an account on Betway and log in.
  3. Go to the Banks section and select a deposit method. Please select at least the minimum Betway deposit limit.
  4. The Betway minimum deposit is ₹1000.
  5. Next, you’ll need to complete the payment process. This will differ between the multiple payment methods. So, you’ll need to enter certain details or make easy one-tap payments with UPI and e-wallets like Skrill.
  6. Complete the payment process as asked and confirm your deposit. Most of the minimum deposit on Betway will be immediate. Also, keep in mind that the deposit method must match the intended withdrawal method.
  7. Once your account is funded and ready to play, you can continue and start betting.
  8. If you are lucky enough to win some prizes, you can make a Betway withdrawal.

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Betway Payment Methods

With many great payment methods for betting, the Betway withdrawal process is one of the fastest in business. Betway's money withdrawal time is within 6 hours and the average withdrawal time on Betway is 24-48 hours.

For those who are focused on their preferred payment method or are looking for the fastest betway withdrawal options possible, we have compiled a comprehensive list of Betway withdrawal methods at respective times below.

PAYMENT METHOD

PROCESSING TIME

MINIMUM WITHDRAWAL

MAXIMUM WITHDRAWAL

AstroPay

Up to 24 Hours

₹1000

No Limits

Net Banking

Up to 24 Hours

₹1000

No Limits

UPI

Up to 24 Hours

₹1000

No Limits

Paytm

Up to 24 Hours

₹1000

No Limits

Google Pay

Up to 24 Hours

₹1000

No Limits

PhonePe

Up to 24 Hours

₹1000

No Limits

Visa

24 – 48 Hours

₹1000

No Limits

Skrill

Up to 24 Hours

₹1000

No Limits

MuchBetter

Up to 24 Hours

₹1000

No Limits

NETELLER

Up to 24 Hours

₹1000

No Limits

ecoPayz

Up to 24 Hours

₹1000

No Limits

Neosurf

Up to 24 Hours

₹1000

No Limits

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Terms And Conditions For Withdrawing Money From The App.

  1. As per the Betway withdrawal policy, once your account is verified, you can withdraw your funds immediately.
  2. Cash bonuses are not available.
  3. Instead, you can use it to participate in more contests and win more.
  4. Note: minimum deposit for betway of Rs. 1000 is required for Betway account verification.
  5. Confirmation is a one-time process unless you choose to make changes to your account.
  6. You can withdraw the amount and it will be credited to your account within 3 business days.
  7. NEFT takes 3 business days and is reflected under the name Escrow Billing Solutions.
  8. Also, it can take up to 3 business days for IMPS to be credited.
  9. Everything works only if you have a verified account.
  10. Withdrawal requests over Rs.2,00,000 will be processed the next day. It might take up to 3 days to update betway withdrawal status.

How To Do Bank Account Verification On The App

  1. Enter your IFSC and bank account number.
  2. Upload your bank documents (a savings book cover, a copy of your bank statement, or a check with your name printed on it).
  3. It will take 3-5 days for betway bank account verification.
  4. Many Betway accounts cannot use the same bank account details.
  5. Under the new compliance rules, paying banks are not allowed to verify their Betway account and link withdrawals.
  6. NRE accounts are not allowed.

How To Do Pan Card Verification On The App

  1. Open your account.
  2. Go to the withdrawal option.
  3. Enter PAN details.
  4. Upload a photo of the PAN card as instructed.
  5. Click on the Submit button.

Your PAN details will be verified between 24-48 hours.

How Much Time It Takes To Withdraw Money From Betway

Betway has a daily withdrawal limit for users. With Betway's minimum withdrawal amount of Rs.1000 and above, you can request up to 3 withdrawals per day. According to the daily withdrawal limit, if the withdrawal amount exceeds 2,000,000 rupees in one day, it will be processed the next day. The minimum withdrawal in Betway is Rs.1000.

Withdrawal Fees Of The App

Again, withdrawal fees depend on your club's status. Betway withdrawal limit for platinum elite members is unlimited, while the lowest bronze members only receive one free monthly withdrawal. Additional withdrawals will incur a £ 15 fee per withdrawal.

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What Is The Daily Withdrawal Limit On The App?

According to the Betway withdrawal policy, there is no maximum withdrawal limit – a very handy perk when you consider the fast Betway withdrawal times. Also, there is no Betway maximum deposit limit.

Why Do The Withdrawal Requests Get Cancelled On The App?

There may be a problem with your confirmed bank account or there may be a Fair Play violation. If the withdrawal request is canceled in Betway, the appropriate reason for canceling a transaction will be displayed.

Fair Play violations can occur in any or all of the following cases:

  1. Creating multiple accounts.
  2. Exploit the "Invite Friends" program to receive a cash bonus
  3. Withdraw cash bonuses by illegal means
  4. Submission of false information and counterfeit documents
  5. Submit other people's documents
  6. If there is a Fair Play violation, the unjustly earned cash bonus will not be credited.
  7. All referred accounts will be disabled and the invitation code will be blocked.
  8. Full deactivation of your Betway account.
  9. Also check the Betway winning tips, to get wallet fueled with cash.

When Will The Withdrawal Be Processed?

The day after money is sent to a confirmed bank account, within 3 business days of submitting the withdrawal request. Please note that you have to verify your Betway account to make a withdrawal request.

You can request 3 withdrawals per day and do not exceed your total Rs. 2,00,000.

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How To Cancel The Withdrawal Request On The App?

  1. Oops! Didn't you want to pay for it? That's fine-Betway allows you to cancel your withdrawal request. Follow the steps below.
  2. First, log in to your Betway account and go to the Banking section. Betway pending withdrawals are displayed here.
  3. Click on "Tap here to undo" under the pending payment option.
  4. The withdrawal request is then added to your betting account.
  5. However, keep in mind that to cancel a withdrawal, a request should be in the pending stage.
  6. Withdrawal times vary by payment method and may be too late if your withdrawal request has already been processed.

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FAQ's

What is the minimum amount to withdraw from betway?

  • Only after your account is verified will you be able to withdraw funds from your Betway account balance prizes. Once your Betway account is fully verified, you can withdraw a minimum of Rs.1000.

How long does it take to withdraw funds from Betway?

  • With Betway, it will take at least 3 business days for your winnings to be transferred to your bank account. However, in some cases, it may take less time than usual.

How do I transfer money from Betway to my bank account?

  • Once your Betway account is verified, you can make a withdrawal request (minimum Rs.1000 at a time). After confirmation, the withdrawal amount will be transferred to your bank account within 5 business days.

Does Betway give real money?

  • Betway offers real money by playing fantasy games online. This site offers free and paid contests. You must pay a fixed fee to participate in a contest where you can earn real money.

Which bank does Betway use?

  • Betway collaborates with various banks depending on the region. In India, Betway commonly works with major banks like HDFC Bank, ICICI Bank, State Bank of India (SBI), Axis Bank, and others for transactions.
Question Answer
What is the minimum amount to withdraw from betway? Only after your account is verified will you be able to withdraw funds from your Betway account balance prizes. Once your Betway account is fully verified, you can withdraw a minimum of Rs.1000.
How long does it take to withdraw funds from Betway? With Betway, it will take at least 3 business days for your winnings to be transferred to your bank account. However, in some cases, it may take less time than usual.
How do I transfer money from Betway to my bank account? Once your Betway account is verified, you can make a withdrawal request (minimum Rs.1000 at a time). After confirmation, the withdrawal amount will be transferred to your bank account within 5 business days.
Does Betway give real money? Betway offers real money by playing fantasy games online. This site offers free and paid contests. You must pay a fixed fee to participate in a contest where you can earn real money.
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About The  
Author

Rohan Mathawan
Rohan Mathawan

Certified Mua

Rohan Mathawan, Vice President of Media Sales at Techstory Media and Senior Author at GetMega, began his career as an online gaming and tech content writer, contributing 5000+ articles to brands like Techstory Media. Known for his research-driven approach, Rohan's passion for online gaming shines through in his captivating content.

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