Playing online games has never been so much fun, but now with Dream 11, you can play games as much as you want and as well as earn money which makes it more exciting. Although earning money is the best part for everyone but when the user wants to redeem their money, in most cases, they are unable to do so. People are still unaware of how to withdraw money from Dream 11, and if you are also one of them and want to know about it, then be with us till the end.
Key Takeaway
How to withdraw money from Dream 11
The most renowned online fantasy sports platform Dream11 enables users to create virtual teams and take part in different games with the chance to win real money. Although the Dream 11 gives you a chance to win and withdraw money, it is essential to remember that it also has a process that you should follow while withdrawing the money from Dream11. Also, there are many sources that you can use to withdraw money from Dream 11. So here is the process of how to withdraw money from Dream11 to all your variable sources like Paytm, bank account, etc.
How to transfer money from Dream 11 to bank account
Wondering how to transfer money from Dream 11 to a bank account? Well, here are the steps that you should follow.
- Firstly use your login information to access your Dream11 account.
- Select your profile icon from the home screen, and go to "My Balance”.
- Now on the next page, you will have a “Verify Now” option if you have not yet completed your KYC.
- Click on ”Verify Now” to complete your KYC and for it, you will be asked to verify your email, PAN card and link your bank account.
- After completing your KYC process you need to click on “Withdraw instantly”.
- Now, enter the amount in the withdrawal box, and also make sure the amount you want should not exceed your available balance and also meet the minimum withdrawal from Dream 11 amount criteria which is Rs 50.
- Once the withdrawal request has been processed, you will receive the amount in your bank account.
The processing time of your bank, which can vary from a few hours to a few days, determines how long it takes for the money to appear in your bank account.
How to withdraw money from Dream 11 to Paytm
If you are looking for a way to withdraw money from Dream 11 to Paytm, don’t worry, read the following points.
- To withdraw money from Dream 11 to Paytm the very first thing you should keep in mind is that your KYC (Know Your Customer) has been completed for your Paytm account.
- Now open the official website or the mobile app to access your Dream11 account.
- Go to the profile or account settings.
- Find the option to withdraw the money to Paytm. Enter all the details of your Paytm account rather than your bank and you are good to go!
It is the easiest method using which you can conveniently withdraw your Dream 11 money to your Paytm instead of your bank account.
How to withdraw money from Dream 11 without PAN card
No, it is not at all possible to withdraw money from Dream 11 to your account without using a Pan card. Having a Pan card is a mandatory thing because it serves as a unique identification number for each and every financial transaction. So, to withdraw money from Dream11, you need a PAN Card.
Also Check: How to transfer Ajio money to bank account
Dream 11 withdrawal limit
Before withdrawing money from Dream 11 you should keep some points in your mind including the Dream 11 withdrawal process.
- In a day you can place 3 times withdrawal requests and it will range between a minimum of Rs 50 to a maximum of Rs 1 cr.
- If your withdrawal request is up to Rs. 200000 then it will be processed on the same day and can take up to 3 days to get credited.
- And if you place a withdrawal request for above Rs. 200000 then it will be processed on the next day and can take up to 3 days to get credited.
Also, keep in mind that according to the Govt. Tax law, a 30% amount will be deducted as a tax at the time of withdrawal.
Conclusion
Hope you are now aware of how to withdraw Dream 11 money. For ensuring a smooth withdrawal process, it is essential to follow all the steps we have mentioned above. Also, make sure that you have completed your KYC process if you are planning to withdraw money from Dream 11 to Paytm.
Frequently Asked Questions
Q1. Can I withdraw money from Dream 11 without a Pan card?
No, for each transaction you are required to have a PAN card.
Q2. What documents are necessary for Dream 11?
For Dream 11 you are required to have a bank passbook, cheque, or bank statement with your name, bank account number, IFSC, and branch details.
Q3. What is the Dream 11 withdrawal limit?
Within a day you can place 3 requests to withdraw your money and you can withdraw money somewhere between Rs 50 to Rs 1 Cr.
Q4. How long will it take if I withdraw money from Dream 11?
Each day maximum of 1 lakh requests are entertained, so within 3 working days, your money will be credited to your account.
