In addition to capturing the attention of players with exciting bonus promotions, virtual casinos also expand their lists of accepted banking options. This way, players can manage their gaming accounts with ease and fully enjoy their time online. While some payment solutions cater to residents of multiple countries, others focus solely on users from a specific country. Netbanking is one such service, designed for Indians who wish to make fast, easy, and secure payments.
Netbanking was founded in 2016 by the National Payments Corporation of India (NPCI) and has quickly become extremely popular among Indians. The method is also widely used as both a deposit and withdrawal solution at online casinos that cater to Indian players.
| Netbanking Summary | |
|---|---|
| Available in | India |
| Website | N/A |
| Connecting bank card/account to Netbanking | N/A |
| Withdrawal balance from Netbanking to your bank card/account | N/A |
| Pay to online merchants | Free (fees may apply depending on the policy of your bank) |
| Available for deposit | Yes |
| Available for withdrawal | Yes |
| Usual deposit time in online casino | Up to 30 minutes |
| Usual withdrawal time from online casino | Up to 72 hours |
| Live chat | Varies according to bank |
| Telephone support | Varies according to bank |
| E-mail support | Varies according to bank |
More than 100 banks in India support Netbanking payments, each offering slightly different procedures. This method enables casino fans to fund their gaming accounts quickly and handle all payments in a hassle-free and secure manner.
Using Netbanking for Gambling Transactions
Utilizing Netbanking for your casino deposits will be hassle-free, enabling you to handle your payments safely. To use this service, you must first have an account at an Indian bank that supports Netbanking. Fortunately, the service has partnered with some of the largest banking institutions in the country, so the chances that your bank supports Netbanking are quite high.
You can visit your bank and ask a banker to help you download and install the Netbanking app on your mobile device. The next step is to link the app to your bank account, and each bank may use a different authentication method.
Once you have set up Netbanking, go to the virtual casino of your choice and open the Deposit page. Select Netbanking from the available payment methods and choose the amount you would like to deposit into your casino account. Next, select your bank and log in to your online banking account. You can be sure that your banking details will not be exposed to the online casino or any other third party, as the Netbanking system acts as a mediator between your bank account and the casino.
After you log in to your online banking account, you just need to confirm the transaction, and the money will appear in your gaming balance within 30 minutes. As you can see, deposits via Netbanking require only a few simple steps.
Many online casinos also allow their patrons to use Netbanking for withdrawals. The process is similar to depositing. Go to the withdrawal page and select Netbanking from the supported payment solutions. Enter the amount you wish to cash out and log in to your online banking account. Once you confirm the transaction, your request is sent to the casino. It usually takes up to 48 hours for online casinos to approve withdrawals, after which players receive their money shortly.
Just like the depositing process, Netbanking withdrawals do not allow any third party to access your online banking information. This makes your casino withdrawals highly secure, letting you enjoy your winnings in no time.
| Netbanking Gambling Transactions | |
|---|---|
| Supported transactions | Deposits and withdrawals |
| Deposit pending time | Instant |
| Withdrawal pending time | Up to 48 hours |
| Additional security | SSL encryption, firewalls, secured servers |
Advantages and Disadvantages of Using Netbanking as a Payment Method
Using Netbanking for your online casino payments has its pros and cons. To help you decide whether this solution suits your needs, we have compared the main advantages and disadvantages of Netbanking.
If you decide to fund your casino account via Netbanking, you will be able to handle your payments in a very secure manner. Since the service acts as a mediator between your casino balance and your bank account, you are not required to expose any sensitive information to the casino during your payments.
Because Netbanking works with most major banks in India, the majority of Indian players can use the service. Integrated into the payment systems of many institutions, Netbanking allows countless players to enjoy easy and secure casino payments.
With the Netbanking mobile app, you can easily manage payments on the go and keep track of all transactions. A banker at your local branch can help you install the app, ensuring you stay on top of your Netbanking payments at all times.
Conveniently enough, Netbanking can be used for both deposits and withdrawals at most online casinos. This is a significant advantage because not all payment solutions allow players to use a single method for all casino transactions. If you can deposit via Netbanking, you will probably be able to withdraw with it as well.
Most virtual casinos impose low or no fees on payments made via Netbanking, making it a budget-friendly option many casino enthusiasts appreciate. Of course, charges also depend on the bank that provides the service, but users are rarely faced with high fees.
Despite its many benefits, using Netbanking for casino payments can be challenging. The service caters only to Indian players who hold accounts at participating banks. Although it is supported by many institutions, not every bank in the country offers it, excluding some Indian users. Additionally, players who reside outside India cannot use the service.
While many deposit options are instant, topping up your account via Netbanking can take up to 30 minutes. This is slower than most other methods available at online casinos, so keep that in mind if you value speed.
Although Netbanking is widely accepted at casinos that welcome Indian players, some websites do not support it. If you are determined to rely exclusively on Netbanking, your choice of casinos may therefore be limited.
Fees for Netbanking Gambling Transactions
No matter the payment solution you utilize for your casino deposits and withdrawals, it is always important to evaluate the real cost of using any banking method. No one wants to spend extra money on fees instead of depositing or withdrawing the intended amount.
The good news is that payments processed through Netbanking incur very low or no fees. Most online casinos apply no surcharges on deposits or withdrawals made with Netbanking. That said, some gaming websites may charge a fee, but rates rarely exceed 2.5%.
Your bank may also impose fees when you use Netbanking for casino transactions, and the rate depends on its specific policy. Indian players could be charged an international transfer fee if the casino is registered outside India. Again, the exact amount depends on your bank’s policy.
| Netbanking Fees | |
|---|---|
| Gambling deposit fee | Free |
| Gambling withdrawal fee | Free |
| Bank account deposit fee | Varies according to bank |
| Bank account withdrawal fee | Varies according to bank |
| Credit/debit card deposit fee | Varies according to bank |
| Credit/debit card withdrawal fee | Varies according to bank |
| Maintenance fee | Varies according to bank |
Processing Time with Netbanking
Once you have set up Netbanking and linked it to your online banking account, you can use the service for casino payments. If you decide to top up your gaming account via Netbanking, remember that it is not the fastest way to fund your balance, though deposits are still reasonably quick.
After you confirm your deposit, it takes only a few minutes for the money to appear in your casino balance. Typically, the process takes up to 30 minutes, but it can be shorter. If you are accustomed to instant transactions, however, Netbanking might not be the best option.
Most online casinos also allow you to withdraw winnings via Netbanking, but withdrawals are slower than deposits because the casino must first approve your request. Approval times vary by casino, with most taking up to 48 hours. Once approved, the funds are transferred to your bank account within 48 to 72 hours.
While other methods offer faster deposits and withdrawals, many Indian players still choose Netbanking because it provides secure and hassle-free payments.
| Netbanking Processing Times | |
|---|---|
| Gambling deposit time | Up to 30 minutes |
| Gambling withdrawal time | Up to 72 hours |
| Bank account deposit time | Varies |
| Bank account withdrawal time | Varies |
| Credit/debit card deposit time | Varies |
| Credit/debit card withdrawal time | Varies |
Mobile Payments
If you enjoy playing on the mobile version of your favorite casino, you should not worry about handling your payments on the go. Mobile payments via Netbanking are just as smooth as on your PC. To make transactions on the go even more convenient, almost every bank offers its own dedicated Netbanking app that you can install on your mobile device.
If you do not feel tech-savvy, simply visit your bank and ask a banker to help you install the app. The banker can also link your online banking account, allowing you to manage payments on the go and keep track of your transactions.
When playing at a mobile casino, you will have no trouble initiating deposits or withdrawals via Netbanking. The process is identical to that on a desktop device. If Netbanking appears among the supported options, simply choose it.
Enter the amount you wish to deposit or withdraw, and you will be redirected to a page where you log in to your online banking account. In some cases, the Netbanking app opens automatically, prompting you to confirm the transaction. Depending on your bank’s app, you may enable additional security options during login.
Once you confirm the transaction, your money is processed the same way it is on the web-based version of the casino. Even on a mobile device, your funds are handled with the utmost care using industry-standard security tools.
| Netbanking Mobile Payments | |
|---|---|
| Apple Pay | No |
| Google Pay | No |
Security at Netbanking Online Casinos
One of the reasons many Indian players prefer to use Netbanking for their casino payments is the safety it provides. While some options require players to provide card or bank account details to the casino, Netbanking helps you avoid exposing any sensitive information. During payments, you are redirected to a secure page where you log in to your online banking account, and all details are encrypted so no unauthorized party can access them.
Because you handle transactions through the Netbanking system of a bank you know and trust, your money is properly protected. In addition to SSL encryption, most major banks use firewalls, secure servers, and other tools to safeguard both your personal information and funds.
Of course, no protection system is 100% foolproof, so choose your online casino carefully. Make sure the site is licensed by reputable authorities and offers fair and safe gambling.
When using Netbanking, players must log in to their online banking accounts. Depending on the security features supported by their devices and banks, they may use methods such as Face ID, fingerprint scans, or special PINs. These features make it difficult for anyone but you to confirm casino payments via Netbanking.
| Netbanking Security | |
|---|---|
| Passcode | Yes (depends on online banking app) |
| Fingerprint | Yes (depends on online banking app) |
| FaceID | Yes (depends on online banking app) |
| Two-factor authentication | Yes (depends on online banking app) |
| Trusted devices | No |
| IP Restrictions | No |