For the most part, yes. Many top Indian banks can be used to transfer funds. There are a few Indian banks who aren’t overly happy with their players using funds to deposit into gambling sites, but many will still process transactions.
Depositing via a bank transfer is arguably one of the safest ways to top-up your balance. Because you have to confirm transactions and aren’t handing out your card details, you can relax, safe in the knowledge that nobody has hijacked your personal information.
You can choose to do that if you wish. However, depositing with VISA or MasterCard is a touch riskier than making a bank deposit. You will need to hand over your card details to the casino, and if you aren’t using a secure site or browser, there is always the risk that such information might be hijacked.
It is possible. Your bank will almost certainly not charge you a fee for depositing into a casino unless that casino is based abroad (most Indian casinos are). However, there may be an exchange rate if you’re using a different currency at the casino than at your bank. On top of that, a casino may also charge you a withdrawal fee if you choose to cash out your winnings via bank transfers.
That depends on your bank. Some Indian banks process transactions instantly, so it is down to the receiving bank (the casino) how long it can take. Ordinarily, it is fair to expect deposit and withdrawal times to take between 2 and 5 business days to clear. If you would like to play at an online casino where you can deposit you money by Bank Transfer, just take a look at our Royal Panda Review.