Best Netbanking Betting Sites in India – Deposit with HDFC, SBI & More
When online betting was still in its infancy in India, bettors had a hard time deciding which method was the best for depositing money into their accounts. Imagine dropping the entire idea of playing just because there’s no safe way for you to deposit and withdraw money, seems harsh!
Those days, however, are long gone, as many payment methods have evolved over time. Faster deposit methods, such as online banking, have emerged as a result of the evolution of technology.
NetBanking has become one of the most widely used transaction modes in India. It offers quick and easy ways to finance your online betting account, making it one of the most popular options among Indian players. Every new thing brings its share of skepticism and that’s why we’re here to tone it down for you.
Top 10 Netbanking Betting Sites of 2021
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Why wouldn’t you make use of one of the most dependable payment methods? In India, NetBanking is a well-known internet banking service. These services are accepted by a large number of banks across the world. That’s right, you get to skip the domestic borders!
When it comes to betting sites with netbanking, users can make transfers even more easily because transactions are made using the internet. Its user-friendliness is what makes it so attractive to gamblers. One of the benefits of using NetBanking is the ability to make fast deposits and withdrawals.
We have compiled a list of reasons why you should choose betting sites with netbanking. Let’s find out!
There is no doubt in the fact that Netbanking is currently the most popular method for making online transactions. Almost every bank provides the feature of Net Banking.
When it comes to net banking betting sites, the most popular betting sites will provide you the option of Netbanking. Why shouldn’t they? After all, their customer’s wish is their command!
Easy to Use
Even though it may seem so, NetBanking is no rocket science! You’d only need to execute one transaction to get a hold of it. The whole procedure of deposit and withdrawal at Netbanking betting sites is extremely simple and hassle-free.
Someone who has basic computer operating knowledge can use betting sites with netbanking. There aren’t many steps involved as well. The process is all about making an account, choosing NetBanking on your Net banking betting site, and then making the deposit! That’s all.
Since Netbanking transactions are regulated by major banks in India, the safety at betting sites with netbanking isn’t questionable. Transactions are end-to-end encrypted and chances of fraud are less as transactions can be executed only after a successful OTP verification. Hence, transacting on Netbanking betting sites is completely safe and secure.
You receive an acknowledgment receipt when you make a purchase at a bank branch. There’s a chance you’ll misplace it. All transactions you make on a bank’s internet banking platform, on the other hand, will be registered. If necessary, you can use this as evidence of the transaction. Details like the payee’s name, bank account number, the sum charged, payment date, and time are recorded.
If you are a bettor you would probably know the need to adapt to betting practices. No one has time to wait for hours for the money to get deposited. The transaction needs to be quick. NetBanking does that for you! Betting sites with netbanking is extremely fast and works on a real-time basis. The waiting time is just a minute!
A Guide to Online Betting with Netbanking
Making your first deposit on a betting site accepting netbanking can seem intimidating, but it’s a lot easier than you think! With each passing year, a growing number of betting sites enter the Indian market. Because of the increased competition in the online betting industry, most betting sites now provide Indians with Netbanking deposit options.
Netbanking is a form of electronic payment that enables us, as Indians, to move money directly from one bank account to another. Even on bank holidays, netbanking is a quick and simple way to move funds. That’s why so many Indian betting sites have started to embrace Netbanking as one of their many deposit options.
To use Netbanking betting sites to make a deposit on a betting platform, simply follow these steps:
Go to your preferred Netbanking betting site. You can choose one from the list given by us.
Pro tip: compare different sites and then choose the best one!
Make a new account or log in to an existing one. Look out for various welcome bonuses offered and thank us later!
Choose the option to deposit into your account. On every betting site, there are various options listed. You need to find the ‘Netbanking’ option and select that.
Select Net Banking as your preferred deposit form. Now you will be directed to login into your netbanking account.
Now you’ll need to move the desired sum using the account number and IFSC code provided by the betting site.
Your account will be credited with the amount you decide to deposit!
Good luck with your betting!
Popular Banks offering Netbanking for Betting
There are over 150 local Indian banks that offer net banking for betting sites. One thing that must be noted is that the deposit process has been made extremely smooth by these banks but the withdrawal process may be a little tacky for you.
Since the withdrawal is sourced from Netbanking betting sites to you, banks may not easily release the funds.
Here is a list of Indian Banks that support Netbanking for online betting sites.
Punjab National Bank
Kotak Mahindra Bank
State Bank of India
Bank of Baroda
Netbanking Betting Sites – Any Risks Involved?
It wouldn’t be fair to say that there are no risks involved with NetBanking. There’s a reason why pro hackers in movies use analog devices over digital ones when they’re undercover – they do not want someone hacking them! Every online transaction has certain risks associated with it. Allow us to talk about these risks one by one in detail.
Once you enter the online betting world, there will be several net banking betting sites that will send you various emails and messages and want you to bet on their platform. The catch here is that there will also be an impostor or phishing site among these! What we mean is that certain scammers send out emails to people with hoax links in an attempt to get them to click on the links and give away their details.
One of these emails can be sent to you when you open an online bank account for netbanking. If you click on the fake link, you’ll be taken to a website that looks and acts like the login page for your bank. The page was designed to steal your login credentials. The hacker will log into your account and begin stealing your money and personal information within minutes of receiving your login information.
Threat to Security
When it comes to banking transactions, the security of the transaction is crucial. Customers want their transactions to be kept private.
However, since all information is available online, there is always the risk that someone may access it and misuse it. Hacking risks and unauthorized access to the bank’s databases add to the security risk related to netbanking.
To complete an online transaction at betting sites which accept netbanking, you need to have a good internet connection and basic tech knowledge as well. This means that if you do not have a stable internet connection and if you are not familiar with the process of netbanking, you would face some problems.
A lot of times due to bad internet the transactions get stuck at betting sites which accept net banking. If that happens you will need to get in touch with the customer and spend your precious time resolving the issue with them!
Do not get overwhelmed by these risks. If you move with precautions and are smart you can easily protect yourself from them. Some of the tips that we would give you to be protected from such risks at betting sites which accept netbanking is –
Do not enter your bank account details or login into your bank accounts when you are using public wifi or a public computer. If in case of an emergency you have to, make sure to log out properly.
Do not click on any clicks without verifying it. If someone calls you asking for any kind of OTPs do not give it to them.
Cricket Betting with Netbanking is Legal, Safe, and Popular
Cricket is by far the most loved sport by Indians, and cricketers are not just cricketers – they’re celebrities (oh only the really good ones!) As a result, cricket betting is also very popular. Cricket betting provides a rare opportunity for online bookmakers to attract new customers in India because of the large number of internet users.
Before saying anything else we would like to clarify a very popular myth. Do you also believe that cricket betting is not legal in India? If you do, you’re completely wrong. Cricket betting is very much legal in India. There are no federals who say that cricket betting is illegal. While, it may be illegal in some states but in the majority, it isn’t!
You can win quick and easy money with cricket betting with netbanking. The opportunities of winning and betting are plenty because there are so many cricket tournaments every year. Even in this pandemic, we are fortunate enough to see the IPL! Cricket Betting is far different from fantasy sports which are also widespread and legal in India.
As far as safety is concerned, you do not have to worry about it. It is extremely safe to bet on cricket with netbanking. Most Netbanking betting sites make it a priority to make the whole betting experience safe for their bettors. Of course, you also have to be careful and look out for yourself. There is only so much that the betting site and the bank can do to protect you during your netbanking experience at online betting sites.
IPL Betting is easier in 2021 due to Netbanking Deposits
Hasn’t 2021 been a terrible year so far? We’re still in this pandemic (which feels like a never-ending horror movie). When most things became difficult for you in the pandemic, cricket betting surely became easier!
We’re in the most awaited season of the year right now, yes, the IPL season! It can be said without a doubt that due to netbanking IPL betting has become so much easier for us! IPL betting with netbanking provides you with fast, secure, and low-cost transactions.
Here are some benefits of online IPL betting-:
During the whole IPL betting with netbanking process, you will never have to see or communicate with anyone. To keep your data secure, betting websites use cutting-edge technology and encryption. It doesn’t get any more discreet than this when it comes to cricket betting! All the introverts out there, you’re jumping, right?!
When you want to put your bets, everything is clearly laid out in front of you. Since the odds move in real-time, you still know what your possible return is when you bet. Your transaction is immediately verified, and the funds are credited to your betting account as soon as your wager is settled.
Some of the best gaming giants in the world authorize and register the best websites. They have a good track record of paying on time and have much too much to risk by causing a fiasco. Many banks around the world are safer than the largest online betting sites.
Withdrawal Process at Netbanking Betting Sites
After you have won numerous bets on your favorite sport, you would want to withdraw your money into your bank account. When it comes to the withdrawal process at betting sites which accept netbanking it is similar for almost all websites, there can be a slight difference in the limit up to which you are able to withdraw at once.
To make the process easier we have a short and simple guide that you can follow for withdrawing at betting sites.
The first step would be to go to your Netbanking betting site and log in to your account. Make sure to always remember your passwords!
The next step is to go to the cashout section. Please note that this section might have different names on different sections. On some betting sites, it can be called the ‘withdraw’ section.
Now you will be asked to select the mode of withdrawal. Make sure to carefully select ‘NetBanking.’
After you have chosen netbanking as your preferred mode of withdrawal now you will need to enter the amount you need to withdraw. Make sure to not go above the limit permitted by the betting site.
After the previous step is completed, in the next step your bank may ask for some permissions. Make sure to read it all carefully and grant the permissions.
That is it for all the steps, once you have performed all these steps you will be notified of the withdrawal. Depending on your bank, it may take from 2-10 days to receive the money in your account.
Sometimes an online betting site will also require some verification before they permit a withdrawal, the documents that may be required are-
ID Proof: Adhaar card or PAN card stating your birthplace. This ID must be current and accurate. Casinos must be able to see all four corners of the document and verify that the photographs are transparent and that none of the four corners obscure any part of the picture.
Proof of Address – driver’s license, passport, or Adhaar card, as well as any utility bill, note, or statement sent within the last three months. You can either take a screenshot of any online bills you have or photograph the document and upload it. Any other sensitive information that appears on this document can be hidden.
The following information is required by the online betting site to know:
Your permanent/residential address
Date of issue of the documents
Date of Birth
Apart from that, banks charge a small fee, which is a small percentage of the withdrawal amount, to enable the withdrawal of your winnings via bank transfer.
At the time of withdrawal, the fee charged by the bank will be shown on your computer. As a result, you’ll need to keep some money in your betting account to cover the fee.
Netbanking Minimum and Maximum Deposit Limits for Betting
The deposit limits may vary across betting platforms. However, most Netbanking betting sites permit a minimum deposit of Rs. 400. This is in line with the requirement of hobby bettors, who are just looking to have fun with betting. On the flip side, the maximum deposit at Netbanking betting sites can go as high as Rs 4,00,000, which aptly serves the need of professional bettors.
What to do if the NetBanking deposit fails?
Even if the chances of deposits failing at Netbanking betting sites is low, they are not zero. There could be many reasons why your NetBanking deposit transaction could fail. These reasons could range from internet issues on your part to technical glitches on the bank’s part.
Well, don’t panic, because here’s what you can do in such cases.
Check the timeline allowed for such transactions. This means that maybe your transaction has not failed but in reality, it’s taking time.
Lodge a complaint with your bank. A complaint can be lodged in many ways. You can either call on the customer care number or reach the bank via email.
Another piece of advice would be to check that everything on your part has been done with proper care. This means that you entered the correct credentials and amount.
The last resort would be to go to the Ombudsman under the Ombudsman Scheme for Digital Transactions of 2019. You can do this only if it’s been a month or more and the bank has not been able to resolve the issue for you.
In cases where the amount involved exceeds a certain threshold, the bank would also be required to pay you some interest at predetermined rates. Thus, the bank would also be looking to solve the issue as fast as possible.
Bank or Betting Site – Who provides Customer Support here?
Both the bank and Netbanking betting site will be there to provide you with customer support because you are a customer to both these institutions! They care about you (in reality they care about the money you’re generating for them haha!).
When you face such an issue, you should get in touch with both the bank’s and the Netbanking betting site’s customer support.
You should explain this situation to both parties in detail and then it will be decided the problem is at which end.
Once it is decided, the party on whose end the problem has arisen will be providing you with customer support.
Remember to be in regular touch and discuss the problem in detail with them. It could be a little troublesome, but your money is involved here!
10Cric is our favorite Betting Site that accepts Netbanking
10Cric is a renowned casino and betting site that not only claims but actually provides you the best online gambling and betting experience. They have been prominent in the Indian market for a long time now and one of the best things about them is that they have optimized their site according to the Indian players.
This company offers both sports betting and casino games but has risen to popularity for its sports betting. 10Cric has a Curacao Gaming License which makes it credible enough to be a safe and legitimate company!
As you may have guessed from the name 10Cric is majorly popular for cricket betting but you can find all sorts of sports to bet on at the site. Not only do they provide betting opportunities for the big tournaments but also for the smaller ones.
And yes! 10Cric has Netbanking as a mode of deposit and withdrawal for you. The company has analyzed the market well and knows that netbanking is a rapidly growing mode of transaction in India.
Several bonuses are offered by the company as well. These bonuses are not limited to netbanking deposits but other deposits too! 10Cric also provides you cricket betting with netbanking.
All in all, we have only good things to say when it comes to 10Cric, this is why it is our favorite. If you are confused about what to choose we would recommend 10Cric to you!
Will More Betting Sites accept Netbanking in the Future?
With the emergence of numerous online sites in recent times, the Indian Betting Industry, which is one of the fastest-growing countries, is now experiencing a huge surge. Surprisingly, the government is warming to the idea of online betting.
Approximately 45,000 legal gambling operations are currently being conducted in the country, according to reports. The Indian government passed the Betting and Gaming Act 2018 to control the activities. This Act will go into effect very soon. However, the notification date has yet to be determined.
In addition, the Indian government plans to amend the current law to make online casinos legal. Overall, the Indian online gambling industry will grow in popularity over time, leading to a widespread move away from conventional gambling and toward online gambling.
If in all honesty, when we talk about Netbanking betting sites, there aren’t any reasons to not see them grow. India is a developing country and now that net banking is accepted at betting sites and with more and more developments every year people become much more advanced and modern. People have started recognizing the benefits of both online betting and netbanking. They do realize how when both of these are combined together into Netbanking betting sites it makes a good combination.
With the growing number of users on betting sites every year and the benefits of Netbanking, the future of Netbanking betting sites in India is very bright.
Netbanking is one of the best payment options for online betting. You can transfer funds at any time, without having to rely on the banks to be open. Netbanking transfers funds instantly, allowing your betting account to be credited immediately. There are no major transaction fees associated with Netbanking.
According to gambling analysts, Internet betting would become even more common than its predecessors in the next few years, eventually displacing conventional bookie parlors. We assume that these new Netbanking betting sites will benefit all segments of Indian society because betting in India is far more affordable than in most other countries.
Which Banks can I use at Netbanking Betting Sites?
Some of the banks that offer Net Banking for your betting adventures are HDFC Bank, SBI, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Yes Bank. These banks have made the process for netbanking for their betting customers extremely smooth and have 24/7 customer support available in case of any problems.
Are there any risks associated with Betting using Netbanking?
Online transactions, especially the ones that involve your money, will always have some risk associated with them. You can easily minimize or reduce this risk by being careful. Yes, that’s all. You need to be careful and see all the red flags. The moment you see a red flag it's better to not proceed with the transaction.
Do I get any Free Bets or Bonuses for Netbanking Deposits?
Yes, you do! Almost every betting site provides you with free bets and various kinds of bonuses. You can find these bonuses in the promotion or bonus section of the betting site.
Is it legal to make an online bank transfer to a betting site?
In India, online betting and making online transfers are legal. No federal laws are prohibiting online betting. Each state will determine whether or not to regulate online betting. And only a few Indian states have passed legislation prohibiting online betting. This ensures that online betting is legal in India.
Does it cost a lot to make deposits via Netbanking?
As of now, netbanking is free! It does not cost you anything to make transactions while Netbanking. Wuhu! Another reason to choose Netbanking. Who does not like saving a little extra money?