One of the first things you’ll need to know about Netbanking is how to use it to gamble on the best casinos. If you intend to transfer money through it, it is ideal to understand what you need to do for a successful transaction. So, here is some information on this.
Online Casinos That Accept Netbanking
The Story Behind Netbanking
Netbanking is one of the oldest payment methods available for gambling. We didn't find a date when Netbanking started its operations, but, reading the players' reviews, we are pretty sure Netbanking is a solid payment method that you can trust.
How to Deposit Using Netbanking
Netbanking essentially offers you the chance to make a deposit through a sort of e-banking process. Therefore, you’ll need to check if your bank provides Netbanking services, as it doesn’t link up with all Indian banks. Some of those that are supported include:
Then, you need to join an online casino that supports Netbanking transactions. From there, you simply need to visit the casino’s cashier page and select that as your preferred payment method. Enter the amount that you want to deposit and then you’ll be asked to choose the bank that you have an account with.
Once you access the following stage, you need to log in to your online banking account with your bank-approved user ID. Confirm the amount and transfer the funds.
Netbanking Deposit Fee
While an online casino should specify whether or not it has additional fees for a specific depositing method, it’s also key to look at the payment method itself. Netbanking payments done online are free of charge, which has been the case as of November 1, 2017. There will only be charges if you visit a banking branch and request the transaction to be done that way. The charges will differ from bank to bank, but they can range from between Rs 2 and Rs 10 per transaction.
Netbanking Withdrawal Speed
Withdrawals are also possible with this payment method, and you simply need to select it from your chosen casino’s cashier page. Then, enter how much you would like to withdraw and confirm the request. The withdrawal through Netbanking usually takes between 24-48 hours to complete after the processing period.
Fastest Paying Netbanking Online Casinos in 2022
Some of the best online casinos feature Netbanking as one of their supported payment methods. Therefore, if you intend to utilise this payment method for deposits and withdrawals, we recommend you join one of the following platforms:
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Advantages & Disadvantages of Netbanking
It’s true to say that there are both positives and negatives of any type of payment method. Netbanking is no different in this respect, and here as some of those for you to see.
Special Casino Bonuses Using Netbanking
You will frequently get the chance to benefit from receiving a welcome bonus upon registering and depositing at your chosen casino with Netbanking. These won’t specifically be targeted at Netbanking users in general and will usually just come as part of a standard welcome offer.
Customer Support at Netbanking
Netbanking itself doesn’t specifically have a support team. Instead, if anything goes wrong with your transaction through this method, or if you simply have standard questions that you want answers, you will need to contact the bank you hold an account with instead. Most Indian banks that work with Netbanking also have FAQs and information sections on their websites for you to view. Check out the best Indian online casinos to get the best experience.
Payment Methods Similar to Netbanking
E-banking is a common payment method available to casino players. Similar options that can be utilised include the following:
Security of Netbanking
Netbanking is pretty much a more secure way of proceeding with online banking. Because it’s a middleman sort of situation, your details are kept out of the hands of the casino. Deposits are quick and easy to proceed with, and various security features are in place to protect you.
Using Netbanking to Gamble
Netbanking is one of the top payment methods to make use of if you are a gambler in India. It’s an internet banking option that provides you with an easy-to-use option for deposits and withdrawals. It is key to note that not all India-supporting casinos offer this as a valid payment method, so you may find it limits you slightly when compared with other available banking options. However, it provides a helpful service at the ones that do support it.
Netbanking License and Address
Netbanking is a part of the Unified Payments Interface (UPI), which is an instant real-time payment system set up by the National Payments Corporation of India. This, in turn, is owned by the Reserve Bank of India, the Ministry of Finance and the Government of India, which is how it is licensed to operate. Netbanking holds offices in Mumbai, Chennai and Hyderabad.
Netbanking Casinos FAQs