Yes, there is a strong possibility that Binance will enable direct bank deposits and withdrawals for Indian users in the near future.
#BTCRebound
As of April 2025, Binance has re-entered the Indian market after registering as a reporting entity with the Financial Intelligence Unit of India (FIU-IND).Already Re-KYC got done with Adhaar and PAN Card for users.This move signifies Binance's commitment to complying with India's regulatory framework and indicates a positive shift towards offering comprehensive services to Indian users.
Previously, due to regulatory challenges, direct INR deposits and withdrawals were not available on Binance. Indian users primarily relied on Peer-to-Peer (P2P) trading to buy and sell cryptocurrencies.
With Binance's recent regulatory compliance and full access restoration in India, the platform is well-positioned to reintroduce direct bank deposit and withdrawal services for Indian users from INDIAN BANK ACCOUNT. While there hasn't been an official announcement regarding the exact timeline, the current developments suggest that such features could be implemented soon. . . .