Withdrawal Policy
Welcome to Gravitygrid Technologies Private Limited. Ensuring a seamless and transparent withdrawal process is our top priority. Please read our withdrawal policy carefully to understand the terms and conditions associated with withdrawing your winnings.
Eligibility for Withdrawal
- 1. Account Verification:
- To withdraw funds, users must complete their KYC (Know Your Customer) process by submitting valid documents such as government-issued ID, PAN card, and proof of address.
- KYC verification is mandatory to comply with regulatory requirements and ensure a safe gaming environment.
- 2. Deposit Verification:
- Winnings can only be withdrawn if the user has deposited funds using verified payment methods linked to their account.
- 3. Age and Location Restrictions:
- Only users above 18 years of age are eligible to withdraw funds.
- Withdrawals are restricted for users from states or regions where online rummy is prohibited by law.
Withdrawal Limits and Processing Time
- 1. Minimum Withdrawal Amount:
- The minimum withdrawal amount is ₹1000.
- 2. Maximum Withdrawal Amount:
- Daily withdrawal limits may apply as per account type and gaming activity. Contact customer support for details.
- 3. Processing Time:
- Withdrawal requests are processed within 24-72 business hours, subject to verification and approval.
Payment Methods
- 1. Withdrawal Methods:
- Withdrawals can be made through the following methods:
- Bank transfer (NEFT/IMPS/UPI).
- E-wallets (where applicable).
- 2. Verification:
- Ensure your bank account or e-wallet details are correctly linked and verified to avoid delays.
Taxes and Deductions
- 1. Tax Deduction:
- Winnings above ₹10,000 are subject to Tax Deducted at Source (TDS) as per Indian Income Tax laws.
- A TDS certificate will be issued for such deductions.
- 2. Fees:
- Any applicable fees for processing withdrawals will be displayed at the time of withdrawal.
Fraud Prevention and Security
- 1. Fraud Prevention:
- Withdrawals may be withheld or cancelled if fraudulent activity is suspected.
- 2. Disputes:
- In case of a chargeback or payment dispute, the withdrawal request may be delayed until resolution.
Disputes and Support
- 1. Customer Support:
- If you face any issues during withdrawal, please contact our customer support team.
- 2. Dispute Resolution:
- All disputes regarding withdrawals will be resolved as per the terms and conditions agreed upon during registration.