How To Withdraw Money From Dream11?

How To Withdraw Money From Dream11?

Here are the steps to withdraw the cash from your Dream 11 account. 

• Go to your Dream11 account.

• Open ‘My account’

• Go to the winning section under my account.

• Click on the ‘Withdraw’ option.

• Verify your Bank account and PAN to withdraw your winnings.

• Once your details are verified, enter the amount you want to withdraw.

Your amount will be withdrawn. But you must have a verified Dream11 account to withdraw the cash, and your winning balance must be Rs.50 or more.  

Important Points To Keep In Mind 

• The minimum withdrawal in Dream11 is Rs.50 and a maximum of Rs.1 crore.

• You can have upto 3 daily withdrawals, not exceeding more than 3 crores.

• 2,00,000 withdrawal requests are entertained on the same day. The amount will be credited to your account in 3 working days. 

• 30% of the tax will be deducted from the withdrawal amount requested per the new TDS law.

Note: You should have at least Rs. 100 winning balance for your Dream11 account verification.

How To Verify Your Bank Account On Dream11?

• Enter your IFSC and your Bank Account Number.

• Upload the Bank documents (Passbook front page copy, Bank Statement, or cheque having your name printed on it.)

• Give Dream11 - 3 to 5 days to verify your bank details

• On many Dream11 accounts, you can't use the exact Bank account details.

• Based on the new compliance rule, Payment banks cannot verify and link Dream11 accounts for withdrawals.

• The account of NRE is not permitted.

List of Things Needed for Dream 11 Account Verification

You will need the given things to verify your account in the Dream 11 app, before withdrawing money.

• Your mobile number

• Your pan card

• Your email id

• Your bank account, including IFSC code

How to do PAN Verification on Dream11?

• As mentioned in your PAN card, enter your name, date of birth, and PAN.

• To avoid rejection, upload a clear photograph.

• To verify your PAN, give Dream11 3 to 5 days.

• On many Dream11 accounts, you can't use the same Bank account details.

• On one Dream11 account, once verified, you cannot link the PAN.

Dream11 Withdrawal Limit

Dream11 has a daily withdrawal limit for its users. You can request a maximum of 3 withdrawals per day, with a minimum withdrawal of Rs.50. According to the Dream11 withdrawal limit, your withdrawal amount exceeding a total value of Rs. 2,00,000 daily is processed the following day. Dream11 minimum withdrawal amount is Rs.50  and a maximum of Rs.1 Crore at one go.

Check out our article on how to play Dream11 football game and earn money. 

Why Withdrawal Requests Get Cancelled On Dream11?

Sometimes, a withdrawal request gets cancelled because of some issue. It can be an issue with your verified bank account or maybe because there is a FairPlay Violation. If your withdrawal request gets cancelled on Dream 11, you will get a proper cancellation reason against the cancelled transaction. 

Cancellation can occur if you have added an incorrect IFSC or messed up your account name or number. If you make this mistake, you will receive a message saying that the amount you were trying to withdraw will be credited back to your Dream11 Winnings balance. Dream11 would ask you to verify your bank account. You have to enter the correct and updated details and place a new withdrawal request again.

Also, the cancellation can occur if your verified bank account is from Telangana, Assam or Odisha. Your withdrawal request will be rejected. If you’re based outside these states, you’ll have to verify a bank account which doesn’t belong to any of these states and raise a new withdrawal request once the bank account is verified. In case the cancellation occurs, the reason it states is “FairPlay Violation Detected”. 

If such a thing happens, you must contact the Dream11 customer care service. They will brief you about the issue, and then you can follow FairPlay's rules to avoid permanently deactivating your Dream11 account.

When Withdrawal Will Be Processed?

On the very next day of submitting your withdrawal request, it is transferred to your verified bank account within 3 working days. Remember, your Dream11 account should be verified before you request a withdrawal request.  

You can request 3 withdrawals per day not exceeding a total value of Rs. 2,00,000/-.

Dream11 Withdrawal Status

Visit your dashboard and go to the winnings column; click the blue “withdraw” button. If you are facing the Dream11 withdrawal problem, there are a few conditions you need to check before withdrawing your winning amount. 

• The account should get verified along with the one-time process.

• You can withdraw a minimum of Rs 50 and a maximum of Rs 2,00,000; the amount exceeding that would be processed the next day.

• Remember to provide the following bank account details: Name of the bank, name of the branch, name of the account holder, account number, and IFSC code.

How To Make Deposits On Dream 11 app?

Dream11 has a safe payment gateway for users to deposit money in their account. 

Step 1- Open 'Dream 11' app

Step 2- Select ‘add cash’ option

Step 3- Choose a payment method

Step 4- Add money

Your transaction will be processed in a short amount of time. Rs.50 is the minimum limit for transactions.

Conclusion

Withdrawing money from the Dream11 app is pretty much easy. You have to open your account on the app and follow the steps that I have mentioned in this article. You will also need to verify your Dream11 account, which has also been discussed in this article. 

Also, you can read our article on how to register and login on Dream11, and share it with your friends who don't know.

FAQs 

Q. Can I withdraw all money from Dream11?

A. You can make maximum 3 transactions in a day without exceeding the value of 3 crores. 

Q. Can I withdraw money from Dream11 without PAN card?

A. You can not withdraw money from Dream11 without a PAN card. 

Q. Why am I unable to withdraw money from Dream11?

A. It could be due to the following reasons- either there is an issue with your verified bank account or due to a ‘FairPlay Violation’ policy. 

Q. How do I withdraw unused money from Dream11?

A. You just have to go to the ‘My account’ section and place ‘Withdrawl’ request.