Pocket52 Withdrawal Process: How To Withdraw And Deposit Money?

Table of content:

What is the Pocket52 app?

Pocket52 is an online gaming platform that specializes in poker games and tournaments. Apart from poker, you can also play call break, rummy, and other card games to win cash rewards from this portal. You can also download the Pocket52 app for your Android and iOS devices. Quick withdrawal process, fair gameplay rules, and dedicated customer support are the key highlights of Pocket 52. Over 10 lakh users have registered on this gaming platform, and most of them are active players. Apart from winning games, even referrals help you to earn bonus money. Money rewards from Rs. 25,000 to Rs. 5,00,000 are offered to winners of various poker tournaments. You can also use the coins that you earn from loyalty rewards and other offers to buy superbikes, supercars, smartphones, smartwatches, and much more. Also, get a complete guide on How To Download, Login, Sign In, Register and Pocket52?

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How to withdraw money from the Pocket52 app?

The Pocket52 withdrawal process is relatively easy. You only have to follow the below gives steps to complete the Pocket52 withdrawal process formalities without any issues:

Step 1:

Firstly, you need to log into the Pocket 52 app. After that, you can tap on the ‘Accounts’ section. Here, you will find three tabs viz. deposits, withdraw, and transactions. Tap on the ‘Withdraw’ option. You will need to convert pocket money into user money to withdraw it directly to your account. For that, you only need to tap on the ‘Transfer’ button placed below the pocket money field.

Step 2:

Once all your money is transferred into the user money, click on the ‘Withdraw’ button below the user money field. After entering the amount, tap on the withdraw button again.

Step 3:

If you have confirmed your bank details already, the information related to your bank account will be reflected as soon as you hit the withdraw button. You just have to tap on the ‘Confirm’ button to proceed with the pocket52 withdrawal process. Once the withdrawal process starts, you will be able to see its updates in the ‘Transactions’ tab.

How to make deposits on the Pocket52 app?

To make deposits on the Pocket 52 app, you can follow the below-listed steps:

Step 1:

Open the Pocket 52 app and log in with your email id and password. After that, you need to tap on the ‘Accounts Dashboard’ option.

Step 2:

Below the pocket coins field, you will find a ‘Deposit’ button. Tap on it to move forward.

Step 3:

Once you tap on the deposit button, you will be redirected to the ‘Deposit’ section. Here you will have to tap on the ‘Deposit’ button again. Now, you can enter the money you want to deposit on the app. You can also use a coupon code if you have it. Now, you need to select a payment gateway from the available ‘Razorpay’ and ‘CashFree’ options. Finally, you can tap on the ‘Make Deposit’ button.

Step 4:

Finally, you can complete the payment from the multiple options provided by the respective payment gateway that you had selected.

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Which withdrawal methods does the Pocket52 app provide?

While the Pocket52 app offers many methods to deposit money on the app, only one Pocket52 withdrawal process is available as of now. This Pocket52 app withdrawal method is bank transfer using which you can transfer the money to the bank account that you have verified on the app.

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Terms and Conditions for withdrawing money from the Pocket52 app

There are not many complex rules or guidelines that you need to follow to complete the Pocket 52 withdrawal process. Some of the basic rules are given below:

  • You cannot withdraw the money from your app unless you convert the Pocket Money to User Money. When you deposit money on the app, it is first deposited in the User Money wallet. From here, you need to transfer the money to Pocket Money to play cash tables.
  • While withdrawing the money, you will need to transfer the money you have earned by winning the games to the User Money. When you win a game, your money reflects in the Pocket Money. Once you transfer this money to the User Money wallet, you may place a withdrawal request via the bank transfer method.

How to verify a bank account on the Pocket52 app?

For completing the Pocket52 withdrawal process, you need to verify your bank account on the app first. The below steps will help you while verifying a bank account on the Pocket 52 app:

Step 1:

Before verifying your bank account on the app, you must verify your KYC by uploading your PAN Card and Aadhaar Card images. Once you complete this step, you can open the app, log in with your credentials and go to the KYC verification page. Now, you need to tap on the ‘KYC’ section. If you have already uploaded your PAN Card and Aadhaar Card details, you may proceed with the bank account verification step below.

Step 2:

Details like your name (as reflected in your bank account), account number, IFSC code, and picture of the passbook need to be provided on this page. After providing these details, you can tap on the ‘Add Account’ button.

Step 3:

If you do not have the passbook image, you can also upload the picture of a canceled cheque, e-statement, or bank statement associated with that particular bank account. After completing these steps, your bank account will get verified on the app.

How to do PAN Verification on the Pocket52 app?

The below steps can be adhered to for completing the PAN verification on the Pocket 52 app:

Step 1:

Open the Pocket 52 app and log in with your email id and password. Go to the ‘Accounts Dashboard’. After that, you can go to the KYC verification section and tap on the ‘Email & PAN’ option.

Step 2:

After entering your email id, you will receive a verification code or OTP on your email id. Enter it to verify your email id. After that, you will need to tap on the ‘Upload Now’ button and upload a picture of your PAN card. Once the image of your PAN Card is uploaded, it will get verified within a few hours.

Pocket52 Withdrawal Time

The Pocket52 Withdrawal process gets completed within 2 to 6 hours. However, the payment will be reflected in your account within three business days from when the payment process is completed.

Withdrawal Fees on Pocket52

Pocket52 does not charge any fee for pocket52 withdrawal process. However, if your withdrawal amount is more than Rs. 10,000, a TDS of 30%, will be deducted from the source. TDS is calculated on the winning amount only when you attempt to withdraw it. The total winning amount is the amount that remains after deducting your deposit amount from the total amount reflected in your account at the time of withdrawal. If this amount does not exceed Rs. 10,000 in a year, TDS will not be charged on the withdrawal amount.

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What is the daily withdrawal limit on Pocket52?

The minimum withdrawal amount permissible on Pocket52 is Rs. 100 and the maximum amount is Rs. 25,000. Only three withdrawals are allowed in 24 hours.

Why do the withdrawal requests get cancelled on the Pocket52 app?

The withdrawal request might get canceled on the Pocket52 app due to these reasons:

  • If you have not completed your KYC on the app.
  • If you have not verified your bank account on the app.
  • If you have entered a name in the app that does not match the name reflected in your bank account.

When will the withdrawal be processed?

The Pocket52 withdrawal is usually processed within 6 hours, but it might take up to three working days for the amount to be deposited in your bank account. For any queries or complaints, you can contact their customer support team.

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How to cancel the withdrawal request on the Pocket52 app?

The Pocket52 withdrawal process cannot be canceled once it gets completed. However, if you have submitted the withdrawal request by mistake, you can contact their customer support team and ask them to cancel your request. You may also email their customer support team asking them to cancel your Pocket52 withdrawal request.

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Question Answer
Are there any charges for downloading the Pocket52 app? No, you can download the Pocket52 app on your smartphone or iPhone without any charges. The application file is available on the official website of Pocket52.
Can I withdraw more than once a day? Yes, up to three withdrawals are allowed per day on Pocket52. However, the withdrawal limit for each day is set to a maximum of Rs. 25,000.
How to unlock the locked amount on the Pocket52 app? Whenever you deposit money on the Pocket52 app, 8% of it will be locked immediately. You can unlock it by participating in games and earning a rake. If you generate a rake of Rs. 1, an equal amount will be unlocked from the locked amount.
Do I need to upload an Aadhaar Card to confirm my identity on the Pocket52 app? Yes, an identification card must be uploaded before verifying your bank account on the Pocket52 app. As you will already upload a copy of your PAN Card before this, you cannot upload the same ID again. You will need to upload the front and back images of your Aadhaar Card to confirm your identity on the Pocket52 app.
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