The users are allowed to withdraw winnings from “My Winnings” section of their MyTeam11 User Account, only after they successfully complete the verification process. The users can withdraw a minimum of ₹200 and a maximum of ₹1,00,000 in a day wherein the user can make a request of ₹50,000 at a time. Further, the withdrawal amount will be deposited to your bank accounts within a time period of 2-3 days.
The MyTeam11 Credits is an amount provided to you by MyTeam11 under various schemes, promotions and offers. Additionally, it comes with an expiry date of 14 days from the time of credit. Thus, you cannot withdraw the MyTeam11 credits available in your MyTeam11 User Account but you can use it to join contests on MyTeam11 as:
A newly registered user can use a voucher up to ₹25 (from available MyTeam11 Credit) to join their first-ever pay-to-play contest on MyTeam11 provided that the contest has at least 1000 members
For future contests, the usable credit percentage for discount in a particular league shall be displayed on the face of the contest itself
In order to successfully complete the withdrawal process, the user needs to provide certain information as a part of identity verification. The user needs to provide the following bank account details:
Name of the bank
Name of the branch
Name of the account holder