Transferring Earnings from Dream11 to Bank Account: A Comprehensive Guide
Have you ever won in a fantasy sports contest on Dream11 and are curious about how to transfer your earnings to your bank account? Welcome to this detailed guide to help you understand the procedures, terms, and conditions involved in withdrawing your money from Dream11 to your bank. This guide is particularly useful for anyone who participates in fantasy sports and seeks to convert their winnings into real cash.
Prerequisites for Withdrawal
The process of transferring earnings from Dream11 to your bank account requires certain prerequisites to be met. Making sure you have a verified bank account is the first step. Additionally, you must have a verified Pancard (Pan card) before you can request a withdrawal. This ensures that Dream11 can process and confirm the transaction accurately.
Bank Account Verification Process
Once you have a verified bank account and Pan card, the next crucial step is to provide the following bank details:
Name of the bank Name of the branch Name of the account holder Account number IFSC codeThese details must be provided through the official Dream11 app or website. It is a one-time process, and once verified, you can use it anytime you want to withdraw money from your winning amounts.
Minimal and Maximum Withdrawal Amounts
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Cash Bonus Considerations
Sometimes, when you win, you might receive a cash bonus, which can be exciting. However, it's crucial to understand that you cannot withdraw this amount. Instead, you can use it to participate in more contests and win even more cash. Ensure that you use the cash bonus before it expires to make the most of it.
Utilization of Unutilized Earnings
Dream11 has a specific timeline for using any unutilized earnings in your account. Any amount credited to your 'Unutilized' account must be utilized within 335 days of the credit. If any unutilized amount remains in the account after this period, Dream11 reserves the right to forfeit such unutilized amount without any liability or obligation to compensate you. This ensures that your earnings are always used and do not expire unused.
User Testimonials and Process Details
Ourfantasy sports enthusiast Tanya Gupta shares her experiences. She proudly mentions that her friend, Avtar Kashyap, withdrew Rs 20,000 from his personal Dream11 account last week. Another user, Himanshu Sharma, withdrew Rs 200 on January 17, 2018. The process is quite straightforward, as illustrated in the image of Himanshu Sharma's withdrawal details.
Simply click on the blue 'withdraw' button as shown in the image to initiate the process. It's an easy and safe way to secure your earnings as real cash.