Netbanking as a Payment Method in India 🇮🇳
Netbanking, also called e-banking or internet banking, is a popular option with Indian gamblers. Different financial institutions and banks in the country offer this service. All transactions happen over the internet, making it easy for you to fund your account at the best Netbanking casinos. Not sure where to start? You’re on the right page. The casinobonusnet team have trawled the internet to put together a list of the top Indian Netbanking casinos for you.
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Anyone who wants access to Netbanking must register with a bank and create a password and customer ID. It’s super simple!
To play at the best Netbanking casino sites in India, you need an Indian bank account. Some of the major banks that you can use to access internet banking include:
- State Bank of India
- Union Bank of India
- Paytm Payment Banks
- DBS Digibank
- ICICI Bank
- Punjab & Sind Bank
- Airtel Payment Bank
- Canara Bank
- DBS Digibank
Since 2016, the Unified Payment Interface (UPI) and Netbanking services have continued to grow in popularity in India. The Indian government’s payment system lets you pay taxes, make online payments, order a cheque book and fund Netbanking casinos all online, anytime you want to, and with complete security.
This is a hassle-free and completely safe payment system that you can also access from your smartphone or tablet or desktop computer. If you already have a local bank account, all you need to do is sign up online for Netbanking.
There’s even more good news. Indian players have a lot of choices when it comes to safe and secure Netbanking casinos that offer tons of slots, table games and live casino games along with generous bonuses and promotions.
Is It Legal to Play At Netbanking Casinos? ⚖️
When it comes to legalities, the law doesn’t specifically prohibit Indians from moving funds to an online casino account. There are some laws that limit bulk amounts to companies outside of India, though, but funding an online casino account via Netbanking isn’t the same as transferring funds overseas.
So, you won’t be breaking any laws depositing money to Netbanking casinos. In fact, since its emergence, Netbanking has quickly become a preferred platform for payments, and now is growing in popularity at online casinos in India. It’s a method that saves you time and lets you make deposits and withdrawals 24 hours a day, 7 days a week.
As a result, you can enjoy above-board, uninterrupted casino gameplay on your desktop or mobile device and easily make payments or get your hands on your casino winnings. Just pick your favourite online casino that supports Netbanking payments, and you’re ready to get started.
Not only is Netbanking legal for Indian gamblers, but you can access both financial and non-financial services with this product. We advise you to be aware of your bank balance, though, when you play at online casinos. The good thing about Netbanking is that you can safely go through your account statements online and hassle-free.
If you worry about going overboard, you can use an online casino’s responsible gambling tools, such as deposit limits and time limits to keep track of your gambling activities and make sure you don’t go overboard with your spending.
What’s more, your bank account access is protected as you need a unique password and ID to access it. You can even set up recurring payments for truly uninterrupted gameplay – just be sure to gamble responsibly and never with more than you can comfortably afford to lose.
How To Sign Up For Online Netbanking In India 💻
If you already have a bank account with one of the banks that supports Netbanking, you’re just about good to go. If not, you’ll have to open a bank account, and then ask a bank employee for some guidance on how to handle online transactions. You can even install the Netbanking app right there and then.
Once you’ve downloaded the app, you’ll receive an envelope with a secret code that you can use to activate the app and sync it with your bank account.
Next, you’ll need a PIN code. This is the code you will use every time you enter the Netbanking app. Now you can start playing at Netbanking casinos. Many Indian banks also support desktop internet banking, where you can log into a dedicated website with your username and password (usually given to you by the bank).
Keep in mind the different banks will have different authorisation and safety policies, so the overall process can vary slightly from one bank to the next. On the bright side, you only have to visit the bank once to open your account – everything else can be done online, just like your online gambling.
If you need help at any time, Netbanking has a dedicated customer support team on hand to help you. There is a landline number for support in each region, and you’ll find a handy FAQs page that provides answers to general questions and concerns. The Netbanking website also has a chatbox for quick responses from the support team in real-time.
Withdraw and Deposit with Netbanking 💱
Funding your casino account and getting your hands on your winnings with Netbanking is a breeze. You’ll need to pick one of the top Netbanking casinos from our list and register a new player account.
- Log into your online casino account.
- Head to the cashier section, choose deposits and choose Netbanking as your preferred payment method.
- Enter how much you want to deposit to your casino account.
- You’ll be presented with a page showing over 60 local Indian banks. Choose your bank.
- Next, log into your bank account using the usual online bank process.
- Choose the deposit amount and the destination of the funds (in other words, the online casino) and click submit.
- You’ll receive a One Time Pin (OTP) via text message. Enter the OPT validation into the Netbanking page.
- Head back to your online casino cashier page and your funds should reflect in your account.
Before you make a deposit at Netbanking casinos in India, there are a few things to consider. One important thing to note if you want to deposit using a bank transfer is that you have to use the same payment option for withdrawing your casino winnings.
Here are a few more points you should keep in mind when making deposits to casinos with bank transfers:
- There are processing fees applicable when transferring funds. The fee varies from one bank to the next.
- Bank transfer deposits to online casinos in India can take anywhere from one to 5 banking days, depending on your bank.
- There is a minimum deposit amount that varies from one bank to the next, and also from one casino to the next.
Withdrawing Your Winnings Using Netbanking
Getting hold of your winnings is just as easy as funding your casino account.
- Make sure you’ve played through any bonus wagering requirements and completed the casino’s verification process before requesting your first withdrawal.
- Head to the cashier and choose Netbanking as your withdrawal option.
- Enter the amount you want to withdraw.
- The casino will process your withdrawal.
Just like with Netbanking deposits, there are a few things to know about before you request a withdrawal with this deposit method, such as:
- Online casinos set their own minimum and maximum withdrawal limits.
- You must meet any bonus’s wagering requirements before you can request a withdrawal.
- The account must be verified by your Aadhar card or something similar.
- If you plan on withdrawing a large number of winnings or a jackpot prize that runs into lakhs of rupees, you may be paid out in monthly instalments.
- It can take anywhere from 3 to 5 working days for the bank to process a Netbanking withdrawal request, and then around 24 to 48 hours for the funds to reflect in your bank account.
Netbanking India Casino Deposits, Fees and Processing 💲
We briefly mentioned that Netbanking casinos in India set their own minimum and maximum deposit and withdrawal amounts. It’s important to understand the difference between a minimum deposit and a minimum transfer, for example.
➡️ The Minimum Deposit
It is your bank that determines the minimum transfer amount, and this is the lowest possible amount you can transfer using Netbanking. The amount is typically INR 500, or there might not even be a minimum depending on your bank.
On the other hand, the minimum deposit is the minimum amount you’re allowed to transfer to your online casino of choice. This amount is set by the casino operator and has nothing to do with the Netbanking minimum transfer. The casino’s minimum deposit limit usually sits at around INR 800.
➡️ The Timing
Now, let’s talk about timing. Netbanking deposits to online casinos usually take no more than 30 minutes, but payouts can take much longer. You need to remember that online casinos that accept Netbanking usually have processing times and pending times.
The pending time is how long you have to change your mind about your withdrawal. It is usually around 72 hours. But the processing time is how long the casino’s finance team needs to complete your payment. While some casinos can process Netbanking payouts within 24 hours, some take longer.
If you have not yet verified your account at Netbanking casinos, you will need to do so before the withdrawal is processed. Most online casinos take around 72 hours to verify your documents. If you want to avoid this kind of wait, we suggest you verify your account when you first sign up at the casino.
➡️ The Fees
So, what about fees? As usual, they’re subject to every casino’s internal policy. While most online casinos in India won’t charge extra fees for your Netbanking transfers, there are some that take a percentage from your payout or even charge you a fixed amount.
This might make you feel as though you’re not getting your full winnings, but keep in mind that these small fees are used to keep the casino running. Any reputable casino will transparently list their costs and fees on their website, so you can consider this when deciding whether or not to register on a particular platform.
What’s more, some Indian banks are known to charge fees on any international bank transfers. For instance, if you play at an offshore casino that’s based in Malta, your local Indian bank will treat the withdrawal as an international transfer and charge you accordingly.
These are all important points to be aware of before you sign up at an online casino and choose Netbanking as your preferred payment option.
Is Netbanking Safe? 🔒
In the world of online gambling and banking, privacy is a big concern for many players. The good news is that your Netbanking casino transactions are safe and secure. Indian banks use first-class security and firewall technology to make sure your online transactions are 100% safe and private, making it impossible for anyone else to access your details or your money.
It’s important that you only ever play at Netbanking casinos that are licensed and regulated by reliable gambling authorities, like the UK Gambling Commission or Malta Gaming Authority. These licensed casinos use SSL encryption technology to protect your financial and personal details, too.
But on the Netbanking side, banks are bound to offer you complete security and safety for every electronic transaction you make. They must safeguard the information given by their customers.
Overall, this is a secure payment method accepted at online casinos in India. But there are a few things worth keeping in mind to make sure every transaction is safe:
- Only use the bank website or app to access your Netbanking account.
- Never click or download malicious apps. Only stick to the app provided by your bank and check the app’s authenticity before your download it.
- The bank nor its employees will ask you for personal information or send you messages or links around personal information.
- Never click on any link sent via email, claiming to be from your bank.
- A reputable bank will never call you and lure you with the promise of big prizes in exchange for your personal information.
- Regularly change your Netbanking password and never share it with anyone else.
- If you regularly use Netbanking casinos, enable Firewall and regularly scan your computer with a trustworthy antivirus programme.
The Pros and Cons of Netbanking Casinos India ✔️❌
As with any other online casino banking method, Netbanking has its benefits and disadvantages. First, let’s look at the benefits:
- Netbanking is a payment method that is available in most online Indian casinos. Also, most casinos prefer you to use this method to fund your gambling account.
- A bank transfer is a safe, easy and highly secure way to deposit and withdraw funds from your online casino account.
- Players can look forward to generous welcome bonuses when signing up at a casino and using bank transfer as their preferred payment method.
- Netbanking casinos are easy to get the hang of. All you need to do is pick the bank transfer option when making transactions and enter the required information.
- Besides funding your online casino account, you can also use this method to withdraw your winnings.
- Every online transaction is safe and secure. The casinos and the banks use high-security standards like firewall and encryption technology to keep your data safe.
With so many positive points, are there any downfalls to using Netbanking casinos? Just a few things we want you to know about:
- Some Indian banks don’t allow you to use internet banking for gambling.
- You need to wait a period of time for your deposits and withdrawals to reflect, which can cause frustration.
- You need to reveal financial and personal information to online casinos.
Alternative Online Casino Payment Methods in India 👛
If you are a little hesitant to use Netbanking at online casinos, there are other options that are just as secure for players in India. Remember, there are those banks that will block gambling transactions. If this is a worry for you, there are alternative payment methods you can use to fund your online casino account.
Credit and debit cards – nearly every casino operator accepts MasterCard and Visa. But in India, transactions made with cards for gambling are frowned upon. But this differs between banks, so you’ll need to check it out before using your credit card to fund your casino account.
Skrill – a popular e-wallet service, Skrill is free to set up and easy to use, requiring only a username and password, along with the amount you’d like to deposit at the casino. Some casinos will accept Skrill deposits but not withdrawals, and some won’t allow you to claim the welcome bonus if you make your first deposit via Skrill.
Neteller – another popular e-wallet, it takes just a couple of minutes to fund your casino account via Neteller. You need to create and fund a Neteller account and then enter the login information and amount you want to transfer. You can then confirm the transaction and the funds will reflect immediately, allowing you to start playing casino games right away.
Mobile payments – one of the downfalls with Netbanking casinos is that you need to hand over banking and personal details to your preferred online casino; and you need to wait for payments to be processed. With mobile payments like Airtel Money, PayTM, Google Pay and Mobiwik, payments are made just by entering an OTP number and confirming your deposit. These are secure options, using advanced SSL encryption technology, but they’re not yet widely accepted at online casinos in India.
Cryptocurrency – while cryptocurrencies like Litecoin and Bitcoin may have been a novelty at first, they’re now widely available and accepted at many online casinos in India. You can exchange rupees for cryptocurrency and bypass any restrictions by the time you get to the casino lobby. The best thing about gambling with crypto is that it is completely anonymous and safe.
Can I Get a Bonus? 💰
Netbanking casinos in India offer lucrative welcome bonuses and other promotions. Different casinos have different requirements when it comes to their bonuses. A few points to be aware of include:
- The minimum deposit amount is needed to claim a bonus at Netbanking casinos.
- The maximum wager amount.
- The maximum amount you can win using bonus funds.
- The wagering requirements.
- The expiry date.
- Eligible games to play with the bonus and for wagering requirements.
How you can claim a bonus also differs from one casino to another. Some will instantly fund your account when you make your first deposit, while others require you to enter a promo code or contact customer support to opt-in for the offer.
How to Pick the Right Casino 👌
There is a long list of excellent Indian casinos that accept Netbanking as a payment option and choosing the right one for you can seem a little scary. But it doesn’t have to be. Here at casinobonusnet, we’ve reviewed all the casinos on this page to bring you only the very best for your rupees.
Our team of expert reviewers use a list of strict criteria to filter through online casino sites. These include:
Licensing – only ever gamble at reputably licensed online casinos, like those on our list of Netbanking casinos. This ensures that your personal and banking information is safe, encrypted and gaming is fair and transparent.
Currency – we only recommend online casinos that accept Rupees. We don’t want you to incur conversion fees on top of bank transfer fees.
Terms and conditions – once you register at a Netbanking casino, you’ll be presented with a welcome offer. Some Netbanking casinos have unfair terms and conditions, while others will set you up for success with fair wagering terms and requirements.
Customer support – our team looks for casinos that have solid customer support with good opening hours. We make mention of this in our reviews of Netbanking casinos.
Mobile compatibility – since you can make bank transfers on your mobile device, it’s nice to be able to play online casino games that way, too. The casinos we recommend are fully optimised for mobile play, be it through your browser or by downloading a casino app.
The games – Netbanking casinos need to offer a decent selection of slots, table games and live casino options to make it on our top list. We sign up, make Netbanking deposits and play games to make sure we bring you a full and honest review.
Frequently Asked Questions About Netbanking Casinos
How long does it take for casino winnings to reach a bank account when playing at Netbanking casinos?
Once the casino has processed your withdrawal request (which can take 24 – 48 hours), it can take up to 5 working days for your winnings to reach your bank account.
How much money can I deposit at casinos with Netbanking?
When you play at Netbanking casinos, you can deposit as little as INR 500 up to INR 50,000 on a single transaction. But take note that each casino has its own minimum and maximum deposit requirements.
How much of my winnings can I withdraw using Netbanking?
It depends on the casino’s limits, but you can typically withdraw a minimum of INR 500 and a maximum of INR 200,000 in one transaction if the casino allows it.
Which currencies can I use at Netbanking casinos in India?
Netbanking exclusively supports Indian rupees. To avoid currency conversion fees and fluctuations, we recommend playing at Netbanking casinos that support INR.
Do Netbanking casinos charge any fees?
It really depends on your bank. Some charge smaller fees than others. If the casino has a bank account in India, there may be no transfer fees involved.
Can I play at mobile Netbanking casinos?
Yes, if an online casino accepts Netbanking, so will its mobile platform.
Can I claim a casino bonus when I deposit with Netbanking?
Yes, you can claim bonuses when you fund your casino account via Netbanking. Bonuses will be processed through this method. Check out our reviews for the latest casino bonuses for Indian players.
What do I need to play at Netbanking casinos?
You need an Indian bank account and funds to deposit into the online casino account.