One of the best parts of excelling at Rummy Wealth games is getting to withdraw your hard-earned cash winnings. But how exactly do you get those winnings out of the app and into your bank account? In this guide, we’ll walk through the full process step-by-step. Follow these tips and you’ll have your money in hand in no time!
Meeting Withdrawal Requirements
Before initiating payouts, ensure you meet the minimum requirements:
- Verified account – Complete the full registration process including bank/UPI details.
- Sufficient balance – You must have a minimum of ₹100 in winnings available to withdraw.
- Withdrawal limits – First withdrawal per day is free. Subsequent requests charge 2% fees.
Build up your winnings balance by consistently playing and winning real cash games. Track your withdrawals to avoid exceeding daily limits resulting in fees.
Choosing Your Withdrawal Method
Rummy Wealth offers two withdrawal methods:
- Direct bank transfer – Transfer to any bank account registered under your profile.
- UPI Apps – Cashout to payment apps like Google Pay, PhonePe, PayTM etc.
Bank transfers take 1-2 business days to reflect while UPI is near instant. We recommend UPI for quicker access to winnings and avoiding bank holidays/delays.
Initiating Your Withdrawal
When ready, open Rummy Wealth and click “My Account” then “Withdraw”. Here you can:
- Select bank or UPI withdrawal
- Enter your account details
- Input withdrawal amount
- Verify and submit request
Make sure your withdrawal amount does not exceed your available winnings balance. Carefully confirm bank/UPI details to avoid errors.
Tracking Withdrawal Status
Once submitted, withdrawals take up to 24 hours on working days to process. You can track status in the “Transaction History” section. Statuses will display as:
- Pending – Request received but not yet processed
- Processed – Funds under transfer
- Credited – Funds disbursed to your bank account/UPI
- Cancelled – Withdrawal failed and reversed
Allow up to 24 hours from a “Processed” status for funds to actually reflect in your bank balance before raising any concerns.
Managing Taxes on Winnings
Winnings over ₹10,000 in a single payout are subject to TDS deduction as per government regulations. The current TDS rate on rummy winnings is 30%. Rummy Wealth will accordingly deduct 30% TDS at source on large withdrawals. You must file taxes to claim refunds on TDS deducted. Verify with sources like Income Tax India website for the latest.
Avoiding Rejection of Withdrawals
To ensure smooth withdrawals, keep the following in mind:
- Only withdraw to accounts under your name and profile
- Do not request during app maintenance breaks
- Ensure you have sufficient winnings balance before initiating
- Following Rummy Wealth’s withdrawal policies and providing valid documents minimizes rejection risks.
Withdrawing your rummy winnings is straightforward when you understand the process and requirements. Allow 24 hours for transfers, minimize fees, and pay applicable taxes to get your full payout safely into your bank account with minimal hassle. Keep playing skillfully and watch your real money balances grow!