One of the currencies that we support is Indian Rupees (INR). If you want to fund your casino gameplay or sportsbook bets with INR, read through our guide to understand how local currency deposits and withdrawals work at Stake.com.
Overview of Indian Rupees Deposit Process
In our quest to provide online gambling options to as many clients as possible, we have recently added numerous local fiat currency payment options. This gives any individual customer the opportunity to bet at Stake.com and means that we now offer all of our best games to cryptocurrency and fiat currency players.
To use INR as a deposit or withdrawal method at Stake.com, you must enable the local currency via your account dashboard. To do this, go to your wallet after logging into Stake.com and click on “Deposits.” In this section, you can now toggle between crypto and fiat currency, and you can select INR as your preferred method.
Before processing a withdrawal, we may ask you to provide a government-issued ID to confirm your identity. You also need to verify your email address and phone number. You can do all of this by following the respective prompts detailed below.
How to Complete Identity Verification Levels & Which Verification Documents are Acceptable?
The Stake.com compliance team reserves the right to request any document required to prove your identity if you opt to deposit or withdraw funds in INR. The following verification documents are accepted:
International passport
Driving licence (both sides)
Voter’s Card – EPIC Card (both sides)
Tax ID Card – PAN Card (both sides)
National ID Card – Aadhaar Card (both sides)
We only accept photographed documents, not those in digital form. Your photos must be in colour and high resolution. You must also ensure that the document is easily readable and not physically damaged.
To take the photo, lie the document on a flat surface and make sure that all 4 corners are visible. Also, the document must be valid for at least 3 months and should be in the Latin international format.
How to Make a Deposit in INR
To deposit Indian Rupees to play the latest releases at Stake Casino or to place sports bets, visit your wallet and click on the “Deposit” tab. Then, within the “Deposit” window, select the “INR” option from the drop-down menu.
You can choose which payment method to use - Netbanking or UPI. Then, select the correct financial institution and enter the virtual payment address (if using UPI). Netbanking requires the completion of KYC level 2.
Finally, fill in the requested information, check the payment details, and accept the bank transfer. You have a 15-minute window to complete the payment, and the funds will show in your account within 75 minutes.
If the deposit fails and the funds have been taken out of your account, they will re-appear in your account within 7 days.
If you experience any issues when processing your INR deposit, please reach out to our customer support team to report the issue, and we will look into it for you. For more information, read our articles over on our help page on making an INR deposit and tracking where your INR deposit is.
How to Withdraw Your INR Funds
To withdraw funds from Stake.com in INR, you will need to complete KYC level 1 and in some cases, KYC level 2. You will also need to deposit using the same method you wish to use for the withdrawal.
After providing the required documentation, head to your wallet, click on the “Withdrawal” tab, and select INR. You will be directed to a third-party service (Netbanking) where you can request your funds.
Select how much you wish to withdraw, fill out the requested information, and click the “Withdraw” button. Make sure you have your bank’s name, address, and branch name on hand.
Note that Indian Financial System Codes (IFSC) are used to conduct electronic transfers to any Indian bank. You can check your bank’s website if you don’t have access to this code.
The fund transfer is likely to take up to 3 days to show in your account.
For further information, read more on our help page on making an INR withdrawals and tracking where your INR withdrawal is.
Additional Support Services
If you experience any issues while transacting in INR, please visit the Stake Help Centre for more information. You can also send us an email to [email protected].
Our deposit and withdrawal guide is also a helpful source of information that may have the answer you’re looking for.
