Withdrawable Balance

Posted on 4/10/2022 by admin

Withdrawable Balance
Withdrawable Balance Meaning In Hindi
Withdrawable Balance Meaning
Withdrawable Balance Ladbrokes
Withdrawable Balance In Groww

How do I withdraw cash?

You can Withdraw Cash at any time by going to My Account page and clicking on Withdraw Cash.
You are then asked to enter an amount you would like to withdraw.
You can only withdraw an amount less than or equal to your Withdrawable Balance. This will be shown to you on the Withdraw Cash page
For making a withdrawal, you need to be ID verified. If you are not ID verified, then on placing a withdrawal request you shall be prompted to upload the latest copy of ID proof. Our customer service team will review and verify your uploaded document. You can also get yourself ID verified by uploading ID proof document from Profile section under My accounts.

What is the minimum amount I can withdraw?

Withdrawable – Online: Quite simply, these are the funds you can withdraw online. Restricted: You cannot withdraw a Casino, Poker or Bingo bonus unless the bonus requirements to clear the restriction have been met. Until then, the total bonus balance amount will sit in the restricted balance. Available Balance. NJ Best Online Casino @ SugarHouse Casino & Sportsbook $250 BONUS NOW Play Blackjack Online & Online Slots, NJ! Plus, Live Sports Betting @ SugarHouse Online Casino & Sportsbook NJ. The withdrawable balance can be negative when you have utilized unsettled funds in your account. For example, say I had no cash in my account but I had holdings worth 10k. I sold all my holdings yesterday, which will be settled tomorrow as per the T+2 settlement cycle. Today I bought some shares worth 5k. Wekeza Scheme is a withdrawable deposit account where depositors can place short term deposits for specified periods of time usually between one to twelve months Shoulder of Solace This is a product to shelf your funeral expenses with annual premiums of Kes.3,100, Kes.6,100 or Kes.9,200 either by check off system, M-Pesa, Bank Transfer. You may withdraw your cash (withdrawable) balance at any time. Please note that you may not withdraw any active bonus funds, and submitting a withdrawal request cancels any active bonuses. Bonus bank funds are not affected in any way. Here's how to do it.

Minimal withdrawal amount is ₹ 100.

What is the maximum amount I can withdraw?

You can withdraw all the money in your Withdrawable Account at any time. The balance in your Withdrawable Account includes all your cash winnings, any bonuses you earned as a cash player as well as any deposited amount you have used for playing cash games.

What are Deposit and Withdrawable Accounts and how is the balance in each account calculated?

If you are a cash player on My11Circle, your cash account balance is divided into two Accounts - Deposit Account and Withdrawable Accounts.

Your Deposit Account balance consists of all the amount you have deposited but have not yet played cash games for. Your Withdrawable Account balance includes all your cash winnings, as well as any deposited amount you have used for playing cash games. Every time you play a cash game, the amount used to play that game is credited to your Withdrawable Account.

Withdrawable Balance

The Deposit Account balance and the Withdrawable Account balance together make your total Cash balance. You can play cash games on My11Circle with any amount up to your total Cash balance.

Let us see some examples. Assume that your Deposit Account balance is ₹ 100 and your Withdrawable Account balance is ₹ 400 (total balance = ₹ 500) . You make a deposit of ₹ 50 in My11Circle.

The entire deposit is credited to your Deposit Account. Thus, your Deposit Account balance is now ₹ 150 ( ₹ 100 + ₹ 50) and your Withdrawable Account balance remains at ₹ 400. Your total balance is ₹ 550.

You play a contest

Let us say you play a cash contest with an entry fee of ₹ 100 and win ₹ 500. The ₹ 500 that you won becomes a part of your Withdrawable Account. ₹ 100 is deducted from your Deposit Account as entry fees. Thus, your Deposit Account balance will now be ₹ 0 ( ₹ 100 - ₹ 100) and your Withdrawable Account balance will now be ₹ 900 ( ₹ 400 + ₹ 500). Your total Balance is ₹ 900.

You claim a Bonus

Let us say you claimed a Bonus Chunk of ₹ 50. This will be credited to your Withdrawable Account. Thus, your Withdrawable Account balance is now ₹ 450 ( ₹ 400 + ₹ 50) and your Deposit Account balance remains at ₹ 100. Your total balance is ₹ 550.

How can I view my Deposit and Withdrawal Account balance?

You can see your Account Balances in Account Overview under My Accounts.

All payments are sent through Online Transfer facility
In case of payments through the Online Transfer facility:
- You just need to provide your Bank Account Number and MICR code in order to enable us to process your withdrawal by the online transfer facility. In addition to these if you also provide your IFSC code, Bank Name and Branch Area, we will be able to process your withdrawal much faster. All these details are only to be provided once as from your next withdrawal request, these details shall be auto-filled.
- We process Online Transfers on all days except Sunday and Bank Holidays. In case you have provided your IFSC code, Bank Name and Branch Area while placing a withdrawal request, you will receive the withdrawn amount credit within 1-3 days of placing your withdrawal request else it may take up to 5-7 days to credit into your bank account.
Minimal withdrawal amount:
The minimum amount you can withdraw at any time is ₹ 100.
TDS Deductions:
As per law, tax deduction at source (TDS) may be applicable on your winnings. TDS is currently applicable at the rate of 30% on winning above ₹ 10,000 and the rate of TDS and/or the exemption limit are subject to changes from time to time as required by law.
- Suppose you participate in a contest with ₹ 100/- entry fee and win ₹ 12,000/- in that contest.
- Since your net winning in that contest is ₹ 11,900/- (₹ 12,000/- minus ₹ 100/-) which is greater than ₹ 10,000/-, a TDS of 30% will be applicable of the net winning amount (₹ 11,900/-) and will be deducted from the winning amount (₹ 12,000/-).
- ₹ 3,570/- (₹ 11,900 x 30%) will be deducted from your winning amount and your account will be credited with ₹ 8,430/- (₹ 12,000/- minus ₹ 3,570/-).

Withdrawable Balance Working

Where can I see my withdrawable balance?

When you click on the amount displayed against the “Cash Balance” icon which would be visible under your username on the home page, you will be directed to the “Account Overview” page where your Withdrawable Amount and the Deposit Amount would be separately mentioned under the head “Cash Summary”.

Alternatively, you may also select “My Account” from the left panel and then click on “Account Overview” icon under it to view the Withdrawable and Deposit Amount separately.

Deposit Amount:

This is the amount that you have deposited but still not used for playing cash games.

Withdrawable Amount:

This includes all your cash winnings and the amount that you have used from your “Deposit Amount” for playing cash games.

Cash Balance:

This is the total of both, Deposit and Withdrawable Amount. You may play cash games of any amount up to your total Cash Balance.

Withdrawable Balance Meaning In Hindi

For Example: Let us assume that your Deposit Amount balance is Rs. 100/- and your Withdrawable Amount balance is Rs. 200/- :

Withdrawable Balance Meaning

· If you now make a deposit of Rs. 200/-, this amount gets credited to your Deposit Amount.

The balance in your accounts would be as follows:

Deposit Amount = Rs. 300/- (100+200)
Withdrawable Amount = Rs. 200/-
Cash Balance = Rs. 500/- (Deposit Balance + Withdrawable Balance)

· If you play Points Rummy game with minimum buy-in Rs. 80/- and lose Rs. 20/-, the buy in amount of Rs. 80/- will be moved from Deposit Amount to your Withdrawable Amount and Rs. 20/- (that you lost) will be deducted from your Withdrawable Amount.

The balance in your accounts would be as follows:

Deposit Amount = Rs. 20/- (100-80)
Withdrawable Amount = Rs. 260/- (200+80-20)
Cash Balance = Rs. 280/-

In the same case as above, if you win Rs. 20/- upon joining a cash table with Rs. 80/- as minimum buy in, then, Rs. 80/- will be moved from Deposit Amount to your Withdrawable Amount and Rs. 20/-(that you just won) will also be added to your Withdrawable Amount.
The balance in your accounts would be as follows:

Deposit Amount = Rs. 20/- (100-80)
Withdrawable Amount = Rs. 260/- (200+80+20)
Cash Balance = Rs. 300/-

· If you play Pools rummy game of bet Rs. 25/- and win Rs. 42.50/- from it, the bet amount of Rs. 25/- will be deducted from your Deposit Amount and your winnings of Rs. 42.50/- will be added to your Withdrawable Amount.

Withdrawable Balance Ladbrokes

The balance in your accounts would be as follows:

Deposit Amount = Rs. 75/- (100-25)
Withdrawable Amount = Rs. 242.50/- (200+42.50)
Cash Balance = Rs. 317.50/-

· If you play Deals rummy game of bet Rs. 300/-, and win Rs. 510/-, the winnings of Rs. 510/- will be credited to your Withdrawable Balance. However, the bet amount of Rs. 300/- should have been deducted from your Deposit Balance. But as your Deposit Balance has only Rs. 100/-, the remaining Rs. 200/- of the bet amount would be deducted from your Withdrawable Balance.

The balance in your accounts would be as follows:

Deposit Amount = Rs. 0/- {100(Deposit Balance) – 100(a part of Bet Amount)}
Withdrawable Amount = Rs. 510/- (200-200+510)
Cash Balance = Rs. 510/-

· If you play Cash, Free or Loyalty Points Tournaments, the entry fee (if any) will be deducted from your Deposit Balance and the winnings from Cash Tournaments will be directly added into your Withdrawable Balance. Winnings from Free and Loyalty points tournaments will be added into your Deposit Balance.

· In case of Bonus, all released bonuses will be credited to the withdrawable Amount as and when they are released. Please refer to Bonus Terms to understand the working of Bonus.

Withdrawable Balance In Groww

! Please Note: All withdrawals are subject to audit. Our Withdrawal team would anyhow analyze each withdrawal request prior to processing it.