Policies

Withdrawal Policy

Understanding My Rummy Room Real Cash Withdrawals

If you’re someone who enjoys playing rummy games online for cash, you will love My Rummy Room’s instant cash withdrawal feature. My Rummy Room is, hands down, one of India’s best rummy apps, and a major advantage of playing rummy on our platform is the ability to withdraw your winnings instantly.

When you win a cash game, you don’t have to wait days to receive your winnings. Instead, you can withdraw your cash immediately after the game, and the money will be credited to your bank account. This is known as an “immediate” or “instant withdrawal.”

As a new player, you can enjoy tons of free practice games without depositing any money. However, when you deposit money to play rummy games for cash, you can be assured of playing in a secure and legit environment.

To sign up and play online cash rummy games, all you need to do is download and install this real money rummy app and register with your phone number.

Rummy Instant Cash Withdrawals at My Rummy Room – Steps to Follow

Availing instant withdrawals from this rummy app is just as smooth and easy as depositing cash in your rummy accounts. The process is very simple, and to be eligible for withdrawals, you will need to first ensure that the following two criteria are met:

Complete your KYC formalities by updating your Aadhaar Card and PAN Card (mandatory) details.
Provide your identification through a valid phone number and email address

Step-by-Step Process:

Step 1: Click on the “Wallet” icon seen at the bottom of the screen. Alternately, select the “Withdrawal” icon in the menu
Step 2: Upon entering the Wallet, you get the Withdrawal Cash Balance option. Click on “Withdraw” and enter the amount.
Note: The minimum withdrawal amount is Rs. 100
Step 4: Tap the ‘Withdraw Now” icon, select your bank name and enter your bank account number for the cash transfer.
Step 5: Enter the OTP received on your phone, and your withdrawal will be processed.
Step 6: In case your withdrawal moves into the manual bucket due to a bank delay(s) or internal check(s), you may check your transactions tab to track its status/ progress. Once your withdrawal has been completed successfully, you should receive an alert from your bank, too.

Cash Withdrawal Verification Requirements (as per the RBI and IT Department)

KYC verification is mandated by the Reserve Bank of India and it includes proof of identity for withdrawing your cash winnings from My Rummy Room and transferring it to your bank account.
Cash rewards earned on this online rummy app can be in the form of cash bonuses, real cash rewards, incentives, or promotional gifts.
Cash rewards for all the games, tournaments, and/or promotions that you win will be as per those displayed on this site or app and according to the rules applicable at the time of registration.

Cash Withdrawal Methods at My Rummy Room

Requesting and receiving withdrawals from your My Rummy Room account is super quick and easy.

You may choose to withdraw either into your UPI account or have it transferred directly into your bank account depending on the KYC verified details you have shared safely with us. The Withdrawal request must be placed from the lobby when you’re signed into your My Rummy Room account for it to be processed and a payout to be initiated.

Instant Withdrawals take a maximum of 30 seconds since the time you make the Payout Request and Payout Initiation. Manual Withdrawals take 2-5 working days end to end.

Responsible Gaming

My Rummy Room prides itself on being a responsible and esteemed company. Our platform reflects the very core of our values, mission, and vision. In alignment with our principles, we expect all our users and customers to abide by the guidelines that stem from our beliefs.

We encourage our players and users to engage in responsible gaming while using our platform. To support this, we have established several preventive measures and a responsible gaming policy to ensure that we are a responsible game provider.

Here are My Rummy Room’s measures to ensure responsible gaming in online rummy:

We have a strict and robust Anti-Fraud/Pro-security policy in place to ensure the safety and security of all personal information provided by our users, using High-Level Encryption.
Our platform does not permit underage gaming, and therefore, individuals below 18 years of age are not allowed to play on the site.
We consistently monitor all our online rummy games to identify any fraudulent behavior promptly.
To further enhance security, we have implemented flexible features to limit players’ online cash deposits and withdrawal amounts.

Additionally, we would like to emphasize that while playing Indian Rummy at My Rummy Room can be entertaining, exciting, and even relaxing, we aim to offer our users and players tips on how to act in their best interest and that of others. This will help in promoting a more responsible gaming experience for everyone. Here are some measures to keep in mind:

Responsible gaming in rummy means that players should see their gameplay as a form of entertainment or leisure rather than a way to make money.
It’s advisable to refrain from chasing losses as much as possible.
It’s essential for players to set limits on the amount of time and money they spend on the game and stick to them.
Avoid prioritizing rummy over other significant life activities.
Always approach gameplay with a positive mindset and sense of responsibility.

Additional Resources

At My Rummy Room, we prioritize responsible gaming to ensure a safe and enjoyable environment for all our players. If you or someone you know is experiencing difficulties with iGaming, we strongly recommend seeking assistance from trusted organizations right away. Here are some that are extremely helpful:

The National Council on Problem Gambling (NCPG) offers valuable resources, including a National Problem Gambling Helpline to support those affected by iGaming issues. Their website offers assistance for individuals, families, and loved ones.

Gamblers Anonymous provides a supportive community where individuals can share their experiences and help one another overcome compulsive gaming habits. They have answers to frequently asked questions and provide useful global resources.

Additionally, GamCare is a leading organization that offers information, advice, and support for anyone affected by gaming-related harm. Their Recovery Toolkit provides valuable and interactive resources designed to promote responsible gaming.

Contact Our Support

You can reach out to My Rummy Room’s support team 24/7 for the best rummy experience. Contact our customer support team using your registered email ID at support@myrummyroom.com to address any concerns or issues. Rest assured, our representatives will respond promptly to assist you.

Disclaimer: This game has the potential to become habit-forming or financially risky. Please play responsibly.

TDS Policy

What is the TDS policy?

From 1st April’23, Income Tax department has introduced a new TDS section for Winnings from online games i.e., 194BA.

The net winnings are calculated at the time, when you place a request for withdrawal (or at the year-end on the closing balance). TDS is calculated @ 30% on the net winnings comprising of Withdrawal/Closing Balance at year-end.

Important points:

TDS will be deducted at the time of withdrawal
TDS will be applicable only on net winnings during withdrawals and not deposits
Your deposit and withdrawal ledger will become 0 at 00:00 hours on 1st April of every financial year (FY)
Net winnings = [Total withdrawals in FY – (Total deposits in FY + Net winnings which have incurred TDS during the FY + Opening balance)]

How is TDS calculated on My Rummy Room?

The TDS will be deducted at the time of withdrawal and at the year end Financial Year (FY) is from 1st April to 31st March every year Your deposit and withdrawal ledger will become 0 at 00:00 hours on 1st April of every financial year. Net winnings = [Total withdrawals in FY – (Total deposits in FY + Net winnings which have incurred TDS during the FY + Opening balance as of 1st April 00:00 hours)] If your net winnings at the time of making a withdrawal is positive (greater than 0), 30% TDS will be applicable on any withdrawn amount.

Let us understand with a few examples:

Scenario 1

On 1st April, you have Rs. 7,000 in your winnings balance and Rs. 8,000 in deposit balance. Now you want to withdraw Rs. 7,000 on 3rd April. In such a situation, no TDS will be applied. The calculation will be as below:

Total withdrawals in FY	Rs. 7,000
Total deposits in FY	Rs. 0
Opening deposit balance	Rs. 8,000
Net winnings	Rs. 7,000 – Rs. 8,000 = Rs. -1,000
Net winnings which have incurred TDS in FY	Rs. 0
TDS @ 30% on net winnings	Rs. 0

Scenario 2

Now consider that you deposit Rs. 3,000 in the current FY. Your opening deposit balance was Rs. 8,000 and you have already withdrawn Rs. 7,000. Now you want to withdraw Rs. 5,000 more. The calculation will be as below:

Total withdrawals in FY	Rs. 7,000 + Rs. 5,000 = Rs. 12,000
Total deposits in FY	Rs. 3,000
Opening deposit balance	Rs. 8,000
Net winnings	Rs. 12,000 – (Rs. 8,000 + Rs. 3,000) = Rs. 1,000
Net winnings which have incurred TDS in FY	Rs. 0
TDS @ 30% on net winnings	Rs. 300

In the above case, you could have withdrawn Rs. 4,000 without tax instead of Rs. 5,000. However, since you are withdrawing Rs. 5,000, Rs. 300 will be deducted from the remaining Rs. 1,000 and you will receive Rs. 4,700 in your bank account.

Scenario 3

If TDS has been applied to your previous withdrawals, then no TDS is applicable on withdrawals till your net winnings exceed the amount for which you have already paid TDS.

Total withdrawals in FY	Rs. 20,000
Total deposits in FY	Rs. 6,000
Opening deposit balance	Rs. 8,000
Net winnings	Rs. 20,000 – (Rs. 8,000 + Rs. 6,000) = Rs. 6,000
Net winnings which have incurred TDS in FY	Rs. 6,000
TDS @ 30% on net winnings	Rs. 0

If you try to withdraw Rs. 5,500, no TDS will be deducted. You can withdraw up to Rs. 6,000 without any TDS.

However, if you wish to withdraw Rs. 10,000, TDS will be charged on the remaining Rs. 4,000 @ 30% which is Rs. 1,200. Post it, you will receive Rs. 8,800 in your bank account.

What if you end up paying extra TDS?

At the end of the financial year 23:59 hours on 31st March, your final TDS will be calculated depending on the financial year net winnings.

Since the winnings earned from Online Gaming are chargeable to tax @ 30%, you need to file your ITR request and the total TDS deducted can be adjusted against the winnings liable for tax. If any excess TDS is deducted, the same can be claimed back while filing ITR request.

How can you get the TDS Certificate?

We deduct TDS and deposit the same with the Government. If you have provided your PAN Card, you can view the TDS deduction details in your 26AS (which is updated every quarter).

Contact Our Support

Fairplay Policy

You may only use the Services to play Cash Games (as defined below) provided you are 18 years of age or over. Access to our Services or any part thereof may be restricted by us from time to time in our sole decision. You confirm that you are not directly or indirectly accessing the Services to play Cash Games from any Restricted State or outside India. Games offered by us on our Platform are games of skill and protected business in accordance with Article 21 of the Constitution of India as held by various courts in India under multiple judgments. The said games are not to betting, gambling and/or wagering on an outcome.

How Do We Ensure Fair Play?

We do not tolerate Cheating. Cheating is basically any misuse of bugs/third-party tools to take advantage of the games or creating multiple accounts/teaming up with players to raise scores.

Advanced Security Measures

To safeguard the true spirit of skill and entertainment in online rummy gaming, we employ state-of-the-art encryption and security protocols to safeguard your personal and financial information. Our systems are regularly updated to counter any emerging threats and to ensure that your data remains protected.

Secure Payments

Rest assured that all data is kept within our secure system and is never disclosed to any unauthorized parties. We collaborate exclusively with top-tier professionals in the field and reliable third-party payment platforms to guarantee the safety and security of every financial transaction.

Random Number Generator (RNG) Certification

Our games are powered by a certified Random Number Generator (RNG) to ensure that every card dealt is completely random and fair. The RNG is regularly audited by independent third-party agencies to maintain the highest level of fairness and transparency.

Anti-Cheating Mechanisms

We have robust anti-cheating mechanisms in place to detect and prevent unfair practices. Our advanced algorithms and monitoring tools continuously scan for suspicious activities, ensuring a level playing field for all players.

Managing Disconnection

While we cannot control disconnections caused by poor internet connectivity, we provide Extended Auto Play features that give players ample time to reconnect and resume their game. We highly recommend testing your connection before joining any paid games to ensure uninterrupted gameplay and fairness for all participants.

Profanity and Abuse Policy

We are committed to fostering a respectful gaming environment for all players. Therefore, we strictly prohibit the use of profanity, vulgarity, or abusive language. By maintaining a zero-tolerance policy against such behavior, we ensure that every player feels safe and respected while enjoying their gaming experience at My Rummy Room.

Our Commitment to You

At My Rummy Room, your trust is our top priority. We are dedicated to providing a secure, fair, and enjoyable gaming environment. Our Fairplay Policy reflects our commitment to upholding the highest standards of integrity in the gaming industry. Join us and experience peace of mind, knowing you are protected and valued.

To experience our fair play rummy game, download the real cash rummy app for Android. Enjoy playing with real cash while benefiting from our advanced AI security features, ensuring a fair and secure gaming environment. Plus, you can enjoy the game for free!