Banking Options in India | Our Top Picks for the Gambling Industry

Banking Method in India That I Recommend

Depositing into online casinos, sportsbooks, and lotteries in India can be hard. This is because the Reserve Bank of India (RBI) tries to vet all online banking transactions.

If the RBI identifies an online gambling transaction in India, they tend to try back the transaction. As a result, this makes trying to deposit into online casinos in India a little more troublesome.

A good online gambling site will offer its Indian customers various online banking options. This will increase your chances of being able to successfully deposit into your favorite online gambling site because you have more options to try.

This article will explain all the popular banking options available to you as an Indian customer and which ones work best for online gambling.

What Banking Options Should I Look For?

Online gambling sites in India tend to offer the same online banking options that you will find at other online gambling sites across the world. The only difference between these banking options used globally is the preference that Indian customers have for them.

Below, I have listed the most popular banking options available to Indian customers. It is important that before you register with an online gambling site, you make sure one or more of these banking options are available to you.

Mobile Payments

This method of depositing is easy and safe. Unfortunately, not every casino offers this method of depositing, although it is growing in popularity.

Bank Transfer

If an online gambling site offers immediate payment services (IMPS) and free deposits, then bank transfer works well.


This option is popular throughout the world and not only in India

Credit/Debit cards

Although this option is extremely popular and the easiest for Indian customers, it can also be the most troublesome. I’ll explain later why.


This is still a relatively new deposit method and is not supported by all online gambling sites. It is the most secure method of depositing but is only helpful if you own cryptocurrency.


Here is a list of the top banking options available at some leading online gambling sites.

  • Paytm
  • VISA/Mastercard
  • AstroPay Card
  • Cryptocurrency
  • Online Bank Transfer
  • Skrill
  • Neteller

Not every online gambling brand will offer all these banking options. As a result, you need to decide what option you want to use first. Then, you need to find an online gambling site that you like that offers it.

To help you further, here is some more information about each of the banking options listed above.


UPI, or Unified Payments Interface, is a simple system of making online payments developed by the National Payments Corporation of India. The system allows users to transfer money between two bank accounts instantly through mobile devices. In 2016, only 21 banks were associated with the UPI network. However, in 2022, the number has risen to 304.

We can use UPI applications like BHIM, Google Pay (formerly Tez), PhonePe, Paytm, MobiKwik, Amazon Pay, Samsung Pay, and WhatsApp Pay to send money from UPI-enabled banks.

To utilize the UPI service, customers must create a Virtual Payment Address (VPA). They must connect the VPA to their bank account. This VPA serves as the users’ financial address, and they no longer need to remember specific data like the beneficiary account number, IFSC codes, or net banking user ID and password when sending or receiving money.

We recommend that you create an account on Casino Days if you are looking to deposit using UPI.


The Internet has made it simpler for banks to provide online banking to consumers. Internet banking, often known as online banking, e-banking, or virtual banking, is an electronic payment system that allows the bank or other financial institution clients to execute various financial transactions with the help of a financial institution’s website.

Customers must register for online banking at their bank to use net banking. If individuals have a savings or current account at any bank, they can sign up for internet banking. It requires a personal computer, laptop, or mobile device, as well as a reliable internet connection, and the bank issues a unique client ID and password that may be used to access the net banking facility.

After successfully registering, you may log in to your net banking account by following the instructions below:

  • Go to the official net banking website of your bank.
  • Choose ‘Personal Log-in’ if you are a retail user or ‘Corporate Log-in’ if you are a corporate user.
  • Enter your customer ID and password on the following screen.
  • Enter the Captcha and click the ‘Login’ button.
  • The following screen will show your Net Banking dashboard.

Now, you are all set to take advantage of Netbanking, and we suggest heading over to to do so.

Google Pay

Google Pay is Google’s digital wallet and payment platform. It allows customers to pay with their Android devices in the store, on compatible websites, mobile apps, and Google services such as the Google Play Store.

The user adds credit or debit cards to their Google Pay account, and it is used to make online purchases. Google Pay interacts with payment devices and uses near-field communication. Users signed in to their Google account in the Chrome browser can use Google Pay on sites that support the service.

It’s also an incredibly safe application. When you record a transaction with Google Pay, it produces a unique, encrypted number rather than your real credit card number. Furthermore, if the user’s device’s screen lock is disabled, this virtual account number is erased.

If a device is misplaced, Google’s Find My Device feature may be used to delete critical data remotely. Users may also connect to their Google Pay account from another device and deactivate any cards or bank accounts that have been linked to their account.


PhonePe is one of the best payment software that has made millions of Indians’ lives easier. It was founded in December 2015. The Indian UPI-based software PhonePe was bought a year later by Flipkart, and Its parent company, Walmart, brought PhonePe into an era of development and expanded itself. Flipkart holds 87% of PhonePe’s holdings, while Walmart owns 10%, and Flipkart’s minority shareholders own the remaining shares.

PhonePe is now regarded as the market leader in India’s digital payments area. Users may use the app to manage their bank accounts online, and they can access it whenever they want and utilize their cash for anything they desire. To make digital payments, they may effortlessly link their credit and debit cards to a mobile wallet. Additionally, PhonePe allows for quick money transactions.

It is also a similar kind of application to Google Pay. All these third-party applications use the UPI ecosystem to make online payments. No need to mention that PhonePe also has a top-class security system.



Like G-pay or PhonePe, Paytm has also been the choice of millions of people. It is India’s leading financial services business, offering clients, online retailers, and service partners a comprehensive variety of online payments and financial solutions. Through payments, commerce, finance, recruiting, and financial services, the firm aims to integrate at least half a billion Indians into the mainstream economy.

It lets you pay at merchant locations by entering your phone number or scanning a QR code. Paytm Wallet has been the most popular payment app in India since its launch in 2014. Paytm Wallet introduced digital banking to the Indian economy. It enables users to load money into their wallet via Netbanking, credit card, or debit card and then use it to make various payments nationwide.

Details about PAYTM

  • Processing time: Instant
  • Transfer fees: No fees
  • Minimum deposit: No minimum
  • Maximum deposit: Rs. 5,000 per transaction
  • Online gambling site that offers PAYTM: 1x2Bet



When making purchases online, credit and debit cards are probably the most popular banking option in the world. Therefore, it is expected that they will be offered by online gambling sites worldwide and in India.

In India, it’s a known fact that Indian players often experience problems when they want to deposit with a visa or MasterCard. Some card companies don’t like processing online gambling-related payments and will block these if they identify them.

Details about Visa/Mastercard

  • Processing time: Instant
  • Transfer fees: No fees
  • Minimum deposit: No minimum
  • Maximum deposit: Up to 35 lakh rupees
  • Online gambling site that offers Leo Vega, Rizk


Astropay cards are prepaid cards that any Indian customer can buy and use. Once you buy your Astropay card online,, you can use it on several different online gambling sites to make deposits.

To buy the Astropay card, all you have to do is pay online using a method like PhonePe, Airtel, Freecha, large, or Google Pay. Once you do this, your Astropay card will be ready immediately.

All you need to do then is pick your favorite online gambling site, register, and deposit. It is that easy.

Details about Astropay card

  • Processing time: Instant
  • Transfer fees: No fees
  • Minimum deposit: No minimum
  • Maximum deposit: Up to Rs. 70,000
  • Online gambling site that offers BET365. Royal Panda

Online  Bank Transfer

Although not every Indian person has a bank account, online banking is growing in popularity for those who do.

It is important that you only use online bank transfer as an option if the gambling site offers Immediate payment services. Then, depositing with an online bank transfer is very straightforward to do.

Details about online bank transfer

  • Processing time: Instant
  • Transfer fees: No fees
  • Minimum deposit: No minimum
  • Maximum deposit: No limit
  • Online gambling site that offers BET365. Betway



Skrill is one of the most popular e-wallets in the world. It is a banking option on many online sites, but most people use it to make deposits and withdrawals on gambling sites.

Every gambling site offers Skrill as a banking option, and therefore, it is one of the leading payment options for Indian customers.

To use Skrill, all you need to do is sign up for Skrill and add funds to your Skrill e-wallet. You can do this by topping up your account using your debit/credit card or other payment options.

The only downside to using Skrill is that you will be charged for receiving funds. That means every time you withdraw to your Skrill e-wallet, you will be charged a fee.

Details about Skrill

  • Processing time: Instant
  • Transfer fees: 1.35%
  • Minimum deposit: No minimum
  • Maximum deposit: About 25 lakh rupees
  • Online gambling site that offers BET365. Leo Vegas



Neteller is very similar to Skrill and is owned by the same company that owns Skrill.

To use Neteller, you must create an account with them and top up your e-wallet. Once this is done, you can use your e-wallet to deposit into your favorite online gambling site in India.

Unlike Skrill, Neteller charges you a small fee every time you deposit or withdraw. If this doesn’t bother you, then Neteller is a very trustworthy site. It is used by millions globally to fund their online gambling accounts.

Details about Neteller

  • Processing time: Instant
  • Transfer fees: 1.35%
  • Minimum deposit: No minimum
  • Maximum deposit: About 25 lakh rupees
  • Online gambling site that offers BET365. Leo Vegas



Cryptocurrency is a relatively new banking option in the online gambling industry. It is the most innovative way to deposit and withdraw on an online gambling site, but not every operator offers it as an option.

A cryptocurrency is similar to any other fiat currency, such as the Indian rupee. To be able to deposit using cryptocurrency, you must first buy cryptocurrency on a cryptocurrency exchange such as coinbase.

Once you own some cryptocurrency, you can transfer it from your cryptocurrency wallet to your online gambling wallet if it supports cryptocurrency transfers.

Details about Cryptocurrency

  • Processing time: Instant
  • Transfer fees: No fees
  • Minimum deposit: No minimum
  • Maximum deposit: No limit
  • An online gambling site that offers and BET 365.


When choosing an online gambling site to deposit and play on in India, you should always review the security levels and extra safety features.

All the leading online gambling sites will be fully encrypted using SSL encryption. SSL is a security protocol that creates an encrypted connection between a computer and a Web server.

It is a  series of steps that the browser and the server agree upon to set up the encrypted connection. This helps make sure any online transactions with the site are secure.

Remember, some online banking options I have spoken about charge some fees. It is important before depositing at an online gambling site that you are fully aware of any potential fees on both deposits or withdrawals.

Most online casinos will have an FAQ section detailing this information, or it may be available in the terms and conditions. Alternatively, you can speak to customer support at the online gambling site you want to play at and ask them to share details about any potential payment charges.

Once you find an online gambling site that you like and offers your chosen banking option, all you need to do is register, deposit, sit, and claim your welcome bonus.

Online payment adds great convenience to people’s life. The cashless transaction has become a trend in India. Every shop, street vendor, and showroom accepts online transactions, and if you are not using it, you are missing a lot. People are indeed afraid of scammers online, but at the same time, we also need to evolve with time and embrace technological development.

Moreover, the vision of Digital India is such a great one that, as citizens, we should mandatorily contribute to it. Cashless transactions are easier, and it is at your fingertips. There’s no reason not to use it.