Who is eligible for a Referral bonus:

• · Only lenders who have a lifetime fee waiver or have paid their annual fee can get the Referral bonus.

Referral Process for All Lenders:

• · Any lender, regardless of their fee waiver status, can join the referral program and earn referral bonuses.

Payment Upon Eligibility:

• · The referral bonus will be calculated for all lenders, but it will only be paid out once they become eligible for the lifetime fee waiver or have paid their annual fee.

When will you get your Referral bonus:

• • · Previously, we paid referral bonuses every month, but now, it will be credited on the 28th of each month.

  • · To receive your bonus, the person you referred(referee) must keep his/her funds with us for at least 90 days and the bonus must be at least INR 500. This rule is in place to ensure stability, as some lenders might withdraw funds for emergencies.

  • · If your bonus is less than INR 500, it won't be paid right away. Instead, it will accumulate in your account to reduce the number of monthly transactions. Detailed calculations will be available in the system.

  • · For deals with a duration of less than 90 days (e.g., student deals), the bonus structure changes. The first bonus remains the same (INR 1000 per one lakh), but subsequent bonuses will be INR 50 per one lakh.

  • .    All lenders, regardless of their eligibility for fee waivers or paid fees, can participate in the referral program and refer others to earn bonuses.

Getting Paid:

Lenders will receive their referral bonuses only when they meet the criteria for a lifetime fee waiver or have their annual fee paid. Until they meet these eligibility criteria, they won't receive their referral bonuses, even if they earn them through referrals.

Referral invite process with Gmail.

1. login with valid credentials

2. you can see the dashboard.

3. click on my network.

4. click on the bulk invite.

5. Then click on invite from Gmail.

6. Select your Gmail ID/login with your Gmail ID.

7. It will ask for access to data click on continue.

8. Then you can see My Gmail contacts 

9. Select click the top right corner check box. 

10. Scroll down to the bottom we can find the green button invite click on invite.