How To Withdraw And Deposit Money Halaplay To Paytm

Table of content:

What is the Halaplay App?

Halaplay is a fantasy gaming platform that empowers all sports enthusiasts to play cash-based and competitive games. At Halaplay, users can enter matches in competitive sports and win cash prizes. Unlike football games such as the Fantasy Premier League (FPL), players do not need to wait for a season to get over to earn prizes.

Halaplay aims to increase engagement and viewership for sports by making matches interesting for our users. They provide different types of leagues across all sports, such as - International, Domestic ODIs, T20s, and Test matches in Cricket, English Premier League (EPL), La Liga, Champions Trophy, World Cup, Euro Cup, Copa America in Football, as well as all Indian domestic leagues in Kabaddi. Moreover, Know the Best Apps Like HalaPlay To Play And Earn Money.

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Halaplay was founded in 2016 and is currently based in Bengaluru, Karnataka. It is a small organisation; however, it is growing at a fantastic pace and could soon be amongst India's top 10 fantasy sports apps.

Halaplay currently has over 95 lakh players. One of its most prominent brand ambassadors is the Indian cricket team's all-rounder, Hardik Pandya. Moreover, get a step by step guide on How To Download, Login, Sign In, Register Halaplay?

In this blog post, we shall explain the withdrawal and deposit processes of Halaplay, including how to withdraw money from Halaplay to Paytm. Also, get to know Best HalaPlay Hack For You To Play And Earn Money.

How to withdraw money from the Halaplay app?

  • To withdraw money from the Halaplay app, users need to verify their email ID and 10-digit PAN and share bank account details, as complete bank verification is not required. Bank account details include the name, which should be matching on the account and PAN, the bank IFSC code, and account number. Once the details are verified, users can request withdrawals. Users can also keep track of their withdrawals in the 'withdrawal history' section.

Screenshots of the withdrawal steps

To withdraw money, users simply need to visit the 'more' option in the bottom right corner of the app. They can then scroll and click on the 'withdraw' option.

How to make deposits on the app

While it is good to know about the withdrawal process, including how to withdraw money from Halaplay to Paytm, users need to be thoroughly acquainted with the deposit process as well. Here are the simple steps involved in it:

  1. To make deposits on the app, users need to click on the 'more' option in Halaplay, followed by 'Add Balance', the first option in the row.
  2. After entering the amount of their choice, they can select the payment method. There are currently four payment modes - Paytm wallet, BHIM UPI/PhonePe, Amazon Pay, and via credit cards, debit cards or net banking.
  3. There are currently four deposit bonuses available on the app. The first is a 100% bonus available for first-time depositors, and the second is a 5% bonus ready for users who deposit any amount between Rs. 10,000/- to Rs. 500,000/-, which can be used an unlimited number of times. The third offer is excellent for budget users, as it offers a bonus of exactly Rs. 250/- to those who deposit this same amount in their account. Finally, the fourth bonus feature will grant users a massive Rs. 2500/- cash offer in exchange for a deposit of Rs. 5,000/-.
  4. The deposit amount is added to the account immediately.

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What are the withdrawal methods on the app?

Currently, amounts can be withdrawn and deposited only to a user's linked bank account. We hope to add withdrawal to wallets such as UPI (Unified Payments Interface) and secure online payment systems such as PayPal soon. For Halaplay, Paytm withdrawal is currently not available.

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Terms and Conditions and Withdrawal Fees of the App

Taxes are deducted wherever applicable, as per the IT Act of 1961. Winners will be provided with TDS certificates regarding such tax deductions, if applicable. However, users shall be responsible for payment of any other applicable tax, including but not limited to income tax, gift tax, etc., in respect of the Cash Prizes money won.

As per the Income Tax Act 1961, if your winnings for a single league is more than Rs.10,000, a tax of 30.9% will be deducted. The remaining amount (69.10%) is credited to your winning balance. E.g., if you win Rs.1,00,000, a tax of Rs.30,900 will be deducted, and your actual winnings are Rs.69,100.

How to do bank account verification on Halaplay?

The following are the set of details required for adding bank account information on Halaplay:

Name of the bank, name of the branch, name of the account holder, account number and the IFSC code.

The advantage of Halaplay is that bank account verification is not required. Users can simply add the above details and then ask for withdrawals immediately.

How to PAN verification on Halaplay (with screenshots of PAN verification steps)

The steps for this are simple.

  1. Please click on the "More" option in the bottom-right corner.
  2. Next, please click on "Verification", the second option from the top.
  3. When you click on verification, you will need to add the details required in the below photo.
  4. Please enter your name as it is given on the PAN and your date of birth. Your 10-digit PAN (Permanent Account Number) will also be required. Then, enter the state in which you are residing.
  5. The final step is to include a scanned copy of your PAN card.

The PAN card is verified within two working days.

Time required for Halaplay withdrawal

Halaplay withdrawals follow the industry standard and arrange for withdrawals to reach verified accounts within two working days. However, withdrawals consisting of winnings over Rs. 10,000/- may take up to 5 business days to be successfully processed.

What is the daily Halaplay withdrawal limit?

The amount mentioned in the "Withdrawal amount" tab can be withdrawn if it's above Rs. 100/-. It consists of the winning amount minus any bonus amount given to play and/or the amount deposited to play in fantasy games. The Halaplay minimum withdrawal amount is Rs. 100/- while the maximum amount is Rs. 1,00,000/- per week.

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Why do withdrawal requests get cancelled on the app?

Withdrawals by users are subject to terms and conditions agreed upon by them earlier. In some instances where there is any suspicious or misleading activity in any league or by the user himself, the halaplay minimum withdrawal amount may be rejected by Halaplay. Halaplay also reserves the right to suspend any user's account in extreme conditions.

Cases that will lead to halaplay minimum withdrawal amount rejections are:

  • The Bank account details you gave are registered with another Halaplay account.
  • The PAN Number you submitted is registered with another Halaplay account.
  • The Bank account name is not the same as your account name.
  • The PAN card name is not a perfect match with the name present on the bank account.

When will the withdrawal get processed?

Users can withdraw money stored in the "Winnings Account" once their account is verified. Halaplay's withdrawal time limit is currently five business days and PAN Card verification is mandatory to withdraw money from Halaplay. You can raise a halaplay minimum withdrawal amount request after uploading PAN Card details, and it will be processed after the credentials are verified.

How to cancel the withdrawal request on the app?

To cancel the withdrawal request, please contact Halaplay at [email protected]

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How to withdraw money from Halaplay to Paytm

Although your winnings can be withdrawn via a linked bank account, you must be curious to know how to withdraw money from Halaplay to Paytm.

Instead of submitting your bank details, you can submit the following details for Paytm linking:

  • Paytm ID number.
  • Name on the Paytm account (it should match with your name on your Halaplay account).
  • A screenshot of your Paytm profile page.

These details will be verified within 2 working days. The withdrawals arranged via this option will be received within a working day, though larger amounts and processing issues could make this take up to 5 working days.

This was a simple process to understand how to withdraw money from Halaplay to Paytm. In case you have any further queries on this option, you can contact the Halaplay customer care team at [email protected].

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Question Answer
What are the different types of leagues available? There are two kinds of leagues in Halaplay - Normal and Reverse fantasy leagues. In standard leagues, players need to create a team with players they believe could score the most points. However, the Reverse fantasy leagues are more interesting, and they separate Halaplay from other gaming apps. In reverse leagues, players need to compose teams with players they believe will score the least number of points. There are different scoring rules for both leagues.
What happens if some players do not play in this fantasy match? If a player does not feature in the starting 11, they will not gain any points. However, in reverse fantasy leagues, this will be an advantage, as the player who does not play will score the maximum points. It is because teams with the least number of points win in reverse leagues.
What are the steps to get the Halaplay account verified? To verify your account, click on the profile menu, then click on the account verification menu.

1. Verify your email ID and phone number with the OTP message on your phone.
2. Upload your PAN number and PAN card image.
3. Upload your bank details and bank account proof - bank statement.

How will a user be informed if they win a cash prize? Immediately after the match is over, Halaplay starts processing the cash prize. If a player wins any Paid League, the cash will be credited automatically into their account, and Halaplay's withdraw money option can be used to receive money anytime. Halaplay shall also inform them of the same via email.
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How To Download, Login, Sign In, Register Halaplay how-to-download-login-sign-in-register-halaplay
Best Apps Like HalaPlay To Play And Earn Money best-apps-like-halaplay
Best HalaPlay Hack For You To Play And Earn Money best-halaplay-hack

About The  
Author

Rohan Mathawan
Rohan Mathawan

This article is authored by Rohan Mathawan, who is presently working as the Vice President of Media Sales and Operations at Techstory Media. Rohan started his career as an online gaming and technology content writer and has written more than 5000+ articles for reputed brands and companies like Techstory Media, MarketingCrap, and a few other ad agencies in the last 4 years. Rohan loves to read about online gaming during his pastime. His passion to create content about online gaming drive him to dive deep into the research of the topic and the result is a highly relevant and captivating piece of content that is appreciated by his readers.

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