UPI Net Banking at Online Casinos
Unified Payments Interface (UPI) is an Indian banking solution based on an instant real-time mobile payment gateway that enables users to send or receive money between participating bank accounts via their smartphone.
Designed by the National Payments Corporation of India (NPCI ↱), it allows peer-to-peer financial transactions through a single two-factor authentication process, eliminating the need to enter bank details or other sensitive information every time a client makes a transfer.
In other words, it is a safe, secure, and hassle-free method of moving funds instantly between two parties who have linked their bank accounts to the platform´s single-window system.
In this sense, the Asian giant has taken a big leap towards a cashless economy with the launch of UPI. Now, gambling enthusiasts across the country can deposit and withdrawal money from their banks to their online casino accounts by simply using their phones.
Top India casinos with UPI Net Banking in 2024
There are currently thousands of casino brands competing in the global online gambling industry, and new ones continue to appear monthly.
However, not all of these are available in India, nor do they admit payments made through UPI.
Therefore, to aid Indian players in search of a suitable and trustworthy option, we have listed the best online casinos with UPI Net Banking in this guide.
Besides an attractive and easy-to-navigate website, all of the operators we recommend here have official licenses and a reputation for providing quality services and a fun gaming experience.
And to reassure our readers, we have included detailed reviews for each casino, which analyse their games, bonuses, terms and conditions, customer service, and other relevant aspects of the platform.
 |
♠ 24/7 Support ♠ Weekly Reel Races and other promotions ♠ INR accepted: ✓ ♠ Hindi Website: ✗ ♠ 0 Casino, Live Casino, Slots, Jackpots, Table Games, Slingo, Megaways, Video Poker |
Visit |
| (T&Cs apply)150% up to ₹15,000 + ₹101 Daily Cashback for 7 days ▼ More Details ▼ 18+. New customers. Opt-in required. 150% Deposit Bonus : 150% up to ₹15,000. Min Dep ₹1,000. ₹101 Daily Cash back : ₹101 daily for 7 Days. Min dep ₹1,500. 30x bonus wagering (game weighting applies). T&Cs apply. |
||
*Bonus T&Cs apply! Accuracy not guaranteed, terms can change any time.
Table of contents:
How does UPI Net Banking work?
Launched in India in 2016, UPI is an instant payment system that allows inter-bank transactions through a mobile application.
Simply put, it functions by facilitating the electronic transfer of funds between two bank account holders across a single window.
With this gateway, you can not only send or receive money but also access your balance and transaction histories, pay merchants directly, and split bills with other users, among many other things.
To use UPI, one must have an account registered in a partner bank, of which there are currently more than 150 in India.
Some financial institutions that have integrated the UPI system into their platforms are the ICICI Bank, Bank of India, Punjab and Sind Bank, HSBC Bank India, DBS Bank, and Airtel Payments Bank. You can check the complete list here ↱.
Upon verifying that your bank supports UPI, you will have to download a compatible mobile application on your smartphone, create a virtual payment address (VPA), which is a unique financial ID, and link it to your bank account.
Keep in mind that you must register your phone number with your bank account for verification purposes.
Once you set up the single identifier, UPI will let you deliver mobile payments without using credit or debit cards, internet banking, or any account details, ensuring the safety of your financial data.
Advantages and disadvantages of UPI NetBanking at online casinos
| ✔ | Mobile app can access different bank accounts |
| ✔ | Allows for bill splitting with other users |
| ✔ | Instant money transfers |
| ✔ | Two-factor authentication |
| ✔ | Casino withdrawals |
| ✔ | Easy to use |
| ✖ | Exclusive to the Indian market |
| ✖ | Transactions appear on bank statements |
| ✖ | Only available to users from participating banks |
| ✖ | Certain fees may apply for usage of service |
Deposits made with UPI Net Banking in Online Casinos
Depositing money in an online casino with UPI is a straightforward process. Firstly, register or log in to your user account, head to the cashier section of the website, and select it from the list of available payment methods.
Then you will have to enter the amount to be deposited, after which a page will appear with the names of 61 domestic Indian banks: choose yours.
The next step is to sign in to your bank account. Once inside, you will notice that the chosen amount of the deposit and the transfer destination will have already been filled in.
All you have to do now is click submit and wait to receive a one-time password (OTP) via text message.
As soon as your bank accepts the payment, the money will be credited to your player account, allowing you to start gambling. It is worth noting that online casinos normally process deposits within 30 minutes.
Withdrawals made with UPI Net Banking in Online Casinos
If you have previously deposited funds in the casino with UPI, you should also be able to use it to withdraw your winnings.
To do this, log in to your casino account and choose UPI as a withdrawal option. You will then have to introduce your bank details, including the name of the financial institution, its branch´s address, the account number, and the 11-digit IFSC code, as well as the amount of money you wish to withdraw.
The casino operator will then review your withdrawal request and, once it is processed, the money should reach your bank account within three business days.
Remember that most casinos set transaction limits and charge withdrawal fees, so we suggest you become familiar with their terms and conditions.
Final thoughts
UPI offers players a fast, secure, and convenient way of directly depositing and withdrawing money from their bank accounts into a casino through their mobile devices without the need to share sensitive information online.
Although this cuts out intermediaries from the transaction process, it also entails the risk of your transfers appearing on your bank statement.
Moreover, this payment method has been tailor-made for the Indian market, so it is widely used and supported by many gaming sites in the country.
One inconvenience is that some fees may apply, but these are very low, considering the speed and quality of the service.
UPI Net Banking FAQ
UPI was designed exclusively for India, so, logically, its base currency has to be the rupee.
However, you can make transactions in foreign currencies, such as dollars or euros, but the amount will be converted automatically in exchange for a fee, which the bank sets.
To find out the monetary exchange rates, you will have to check your bank's internal policies.
Compared to other similar payment methods, UPI offers relatively low fees, sometimes charging ₹0.50 per transaction or none at all. Sometimes it does not even charge anything, but this depends on the service and bank you are using.
Nevertheless, casino operators may apply additional charges, especially for withdrawals, so make sure to read their terms and conditions before initiating a transaction.
Deposits made through UPI are usually processed within 30 minutes, while receiving money from the casino may take longer (up to three business days), as the operator will first have to verify the withdrawal request.
Although it is a nascent payment system, most Indian gambling sites accept UPI for both deposits and withdrawals.
In this guide, you can find a list of the best UPI online casinos, along with a comprehensive review of each recommendation, detailing its most relevant aspects, such as its games, bonuses, general conditions, and much more.
The minimum and maximum limits applicable to transactions vary according to the online casino, although most will allow you to make transfers starting at ₹800 and ending at ₹400,000.
If a casino accepts UPI as a payment method and offers bonuses to Indian gamblers, then, logically, it will also allow you to claim them.
Remember that these bonifications are subject to various terms and conditions, which include wagering requirements.
If you wish to learn more, you can find a list of popular bonuses on our page for Indian online casinos.
Yes! Besides eliminating the need to disclose personal information each time you transfer money, UPI secures all transactions with end-to-end encryption, adding an extra layer of security.
Overall, it is a safe, convenient, and cheap method of making payments to online casinos.
