Best Paytm Casinos in India: How to Deposit with Paytm 2024

Launched in 2010, Paytm is a platform for digital payments whereby you can use online banking, credit cards, debit cards or cash deposit via select partners and banks to transfer cash into an integrated wallet. You can then use the Paytm wallet to make cashless payments when you buy goods. Paytm is a convenient and easy payment process that you can consider when you choose an online casino site.

11 Best Paytm Casinos in India 2024

Many Paytm betting sites accept Paytm as an official mode of payment. These include Betway, 22bet, 10cric and Betwinner.

How to Deposit at Online Casino Using Paytm?

You can make a Paytm deposit at an online casino with a few simple steps:

1. Create a Paytm account
2. Deposit money in the Paytm wallet
3. Open an account at an online casino that offers a generous welcome bonus

Setup a Paytm account

You can create a Paytm account via the Paytm app, using the following steps:

1. Download the app
2. Click on the profile on the right-hand side at the top of the screen
3. Click on ‘create a new account’
4. Provide your mobile number, email ID and password
5. Click on ‘create a new account’ to receive an OTP on your mobile phone

Tap on ‘Sign Up’ to finish the process.

Place funds in your new Paytm Wallet

You can add money to your wallet through Paytm App as well as by visiting Paytm.com.

• To add funds via the app, click on the ‘Add Money’ icon on the home screen of the app
• To add funds via the Paytm website, sign in to your Paytm account
• On the right-hand side at the top of the page, click on the icon titled ‘Paytm Wallet’

For both methods, use the following common steps:

• Choose Net Banking, Credit/Debit card, or UPI as the mode
• Type in the amount and click on ‘Add Money’
• On the secure payment page to which you are redirected, provide the payment details.
• Save your credit or debit card details and enter the CVV before proceeding to a bank page
• After you have entered accurate details on the bank page and completed the transaction, money will get added to your Paytm wallet

Choose online casino bonus

There are certain things to consider before you choose a Paytm online casino. Safety is paramount, so ensure that your preferred online casino has a valid license from either the Malta Gaming Authority or the UK Gambling Commission. The main perk of making a deposit at a Paytm casino is getting a welcome bonus. So, sign up at a Paytm casino that offers a generous welcome bonus with fair terms and conditions of use. Make a deposit using Paytm, and you can start gaming as soon as you have funded your online casino account.

How to Withdraw with Paytm?

To withdraw with Paytm you must satisfy some conditions. On the Paytm casino site, click on the icon marked ‘withdrawal.’ Then select the mode of payment and type in the amount you want to withdraw. Ensure that the amount is within the minimum and maximum withdrawals limits allowed at the site.

On some Paytm betting sites, you may have to fulfil a brief KYC process, wherein you must provide documents of identity proof such as driving license or passport or utility bills. In India, tax gets deducted on big amounts withdrawn, accompanied by relevant TDS certificates you can use for filing your income tax returns.

Note: It does not matter whether you have deposited funds using Paytm. You can still use it as a process for withdrawing money.

Paytm Casinos Fees and Limits

In the following table, we list a few major operators who accept Paytm as a mode of payment with deposit and withdrawal limits:

Paytm Casino Details	Betway	22bet
Minimum Paytm Deposit	₹500	₹100
Maximum Paytm Withdrawal Limit	No Limit	No Limit
Fees	NIL	NIL
Processing Time	Up to 24 hours	Up to 24 hours

Similar Payment Methods For Gambling

Some of the payment modes that work the same way as Paytm does are Google Pay, Phone Pe, and Mobikwik. To use Google Pay to withdraw funds on Indian online casino sites, you are usually required to reach a certain winning amount. You may also need to verify your document before you can make a withdrawal through Google Pay. 

Similarly, PhonePe users must complete a standard verification process before they can use it for withdrawals.

A few online casinos in India also allow Mobikwik, a local payment method in INR devised for the Indian market. Like Paytm, Mobikwik attracts lower fees compared with off-shore e-wallets.

Advantages and Disadvantages of Using Paytm

Using Paytm as a payment method at online casinos has some pros and cons:

FAQ

You can use Paytm as a 100 percent secure payment mode. In this section, we provide answers to some frequently asked questions about registering at a Paytm online casino by using Paytm as a payment mode.