This IPL season, everywhere, Dream 11 is making a noise. From youngsters to adults, everyone wishes to create a dream team and win as much money as possible. Imagine you won abundant rewards on Dream 11, but now the question comes, how to withdraw cash from Dream 11? Dream 11 has some terms and conditions; cash withdrawal isn’t tricky if you follow them all. Here is a simple step-by-step process for it.
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How to withdraw cash from Dream 11
Once you earn a jaw-dropping amount on Dream 11, you must be ready to withdraw that cash from your Dream 11 accounts. Follow the following steps to withdraw Cah from the Dream 11 account:
Step 1: Reach out to your Dream11 account
Step 2: Tap on ”My account”> further, you will see a winning section and a ”Withdraw option” Tap on it.
Step 3: Make sure your Bank account, Dream11 account, and PAN are verified; then only, you can withdraw your money
Step 4: Once you verify your credentials > you can enter the amount you wish to withdraw
Step 5: And your cash amount will be withdrawn
Terms and conditions you need to keep in mind
It’s not so difficult to withdraw your cash from Dream11, provided you follow all of the following terms and conditions:
- You can withdraw cash if your winning balance is at least Rs. 50 or a maximum of Rs. 1 crore
- You can do three withdrawals in one day, with a sum of 1 crore at max, not more than this
- Each day 1 lakh withdrawal requests need to be entertained; that’s why money will be credited to your account within three working days
- As per the new TDS law, 30% of the requested money will be deducted as the tax amount, which comes into effect from April 1, 2023.
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Terms & conditions
- You can withdraw cash only if you have a verified Dream11 account
- Though there is an option to redeem your cash bonus, you can use it to join more matches and win more
- For Dream11 account verification, you need at least rs.100 winning balance; otherwise, your account won’t get verified
- Verification happens only once until you decide to make some changes to your account
- Once you initiate a cash withdrawal, you will receive it within three working days
- ReceivingThe receiving amount will reflect as ”Fiduciary Billing Solution.”
- IMPS and NEFT both will take almost three working days to get credited
- Withdrawal is impossible without a verified account
- If your cash withdrawal request is more than two lakhs, it will process the next day after the request
- You cannot make more than three withdrawals per day.
Bottomline
Dream11 is a sensation nowadays; once terms and conditions are clear, you know how to withdraw cash from Dream 11. Best wishes for your winnings, and earn as much money as you strive for.
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