Bank Transfer

When considering online cricket betting in India, there are many payment types to select from. Many people will immediately think of bank transfer as a reliable and safe online payment method, but is it the right option for you? Regardless of which cricket matches you like to bet on, OCBscores will cover the pros and cons and what you must know about bank transfers. 

Betting Sites Accepting Bank Transfer in 2025

What is a Bank Transfer - A Quick Overview

Bank transfers are a typical method of sending money from a bank account to another bank account via an online platform or app. They are a popular and well-known payment method in India and worldwide. A bank transfer is common enough to pay bills, buy goods and services, and, of course, one of the online betting payment methods. 

Bank transfers are dependable and useful for millions of online bettors in India. They extend from bigger cities to rural towns across the country. Due to the extensive reach of banking networks and mobile services of modern institutions, bank transfers can occur practically anywhere. There is often a minimum and maximum deposit amount for bank transfers, but this varies with the bookmaker. 

There are different types of bank transfers for betting sites, as you might know, but we’ll explain a few common options in India:

In essence, cricket betting sites accepting bank transfers include these payment types because they are widely used, highly secure, dependable, and user-friendly options for Indian bettors.  

Withdrawal and Deposit Fees  

It goes without saying that when using bank transfers for online betting, you will likely encounter some fees for depositing and withdrawing funds. The bank fees in India are usually lower for domestic transfers but can be hefty for international transfers.  

Many betting apps charge a small fee for processing deposits and withdrawals, and the rate will depend on the online bookmakers themselves. It’s always best to check the bookmaker’s terms and conditions regarding making deposits and withdrawals via a bank transfer. 

Bank Transfer Speed  

The speed of a bank transfer can depend on which type you’re using. For example, an IMPS transfer is instant, UPI is very fast, NEFT can be anywhere from 2 to 24 hours, and RTGS can sometimes take a few days.  

Anonymity  

Some Indian bettors like a bank transfer to a betting site due to its safety and reliability, but many others dislike them because they are not at all anonymous. Your identity is linked to each bank account transaction, so if privacy is important, you may prefer e-wallets or cryptocurrency.  

Safety and Security  

This is perhaps the biggest reason why Indians prefer to use bank transfers, as they are a very safe payment method with strict encryption technology and 2FA. What’s more, the transactions are regulated by the RBI (Reserve Bank of India) to add a further layer of security and safeguard bettors against fraud. 

Bank Transfer Betting Pros and Cons

How to Deposit and Withdraw  

Now comes the real question of depositing and withdrawing through bank transfer on Indian betting sites. Follow our quick steps below to enjoy an uninterrupted betting experience.

Bank Transfer Betting Deposit Steps

Bank Transfer Betting Withdrawal Steps

Conclusion 

While many don’t like bank transfers because they aren’t fast enough, have too many fees, and don’t provide privacy, they are still a great option for anyone wanting a trustworthy and safe payment option for online betting. 

Choose any betting site from the top list provided, and you can easily find the deposit and withdrawal limits for bank transfers. Once you are ready to place your bets, follow our steps and grab your winnings immediately.

FAQs