LenDenClub > Terms and Conditions – January InstaMoney Referral
Terms and Conditions – January InstaMoney Referral
Referral program Applicable only for fully registered InstaMoney borrowers who have previously taken more than one loan and successfully closed the first loan.
By participating in this Offer, You (hereinafter referred to as “Participant (s)”) agree to be legally bound by and abide by the Terms & Conditions stated herein (T&C). Participant(s) confirm and acknowledge that Participant(s) has read, understood and agree to conform to these T&C. LenDenClub reserves the right to amend, modify, change, add or terminate these T&C or discontinue this Offer without any further notice.
You (“Referer Borrower”) will earn Rs. 71/- per referral which will be deposited to your bank account linked with your phone number registered on our system account once the Referred borrower gets an InstaMoney loan disbursed from LenDenClub. You can earn a maximum of Rs 710 ie. if 10 of your referred users get their loans disbursed with InstaMoney.
Offer is being made purely on a “best-effort” basis and is valid for the Offer Period only. LenDenClub reserves its absolute right to withdraw and/or alter any of the terms and conditions of the Offer at any time without prior notice.
The referral bonus will not be applicable when Referred Borrower is an immediate family member of the Referrer or having a blood relationship with the Referrer.
The Referred Borrower’s loan must be approved by 31st January 2020 to get the referral bonus. No referral bonus is applicable if the referred borrower’s loan is canceled or declined.
LenDenClub reserves the right to withdraw or alter all of the terms and conditions of this promotion at any time without prior notice.
This is only applicable to existing InstaMoney customers.
By entering the Offer, the Participant(s) confirm and waive the applicability of rules and regulations of the National Do Not Call Registry, and the Participant(s) agree to receive promotional messages and alerts including without limitation daily updates under this Offer from LenDenClub
Employees of LenDenClub (including their family members & relatives) and their group companies, affiliate or associate companies, shall not be eligible for this Offer.
The winner will bear the liability of any taxes arising from the prize money
LenDenClub is the largest Peer-to-Peer Lending Platform in India. It connects investors looking for high returns with creditworthy borrowers looking for loan.
Our automated, simple-to-use, transparent and hassle-free P2P Lending Platform ensures that the borrowing needs of salaried individuals are met quickly and efficiently. By connecting lenders and borrowers in the Peer-to-Peer lending space, we create a win-win situation for both lenders and borrowers.
The Reserve Bank of India does not accept any responsibility for the correctness of any of the statements or representations made or opinions expressed by Innofin Solutions Private Limited, and does not provide any assurance for repayment of the loans lent through its platform.
LenDenClub is an Intermediary under the provisions of the Information Technology Act, 2000 and virtually connects lenders and borrowers through its electronic platform via the website and/or mobile app. The lending transaction is purely between lenders and borrowers at their own discretion, and LenDenClub does not assure loan fulfilment and/or investment returns. Also, the information provided on the platform is verified or checked on the best efforts basis without guaranteeing any accuracy of the data/information verification. Any investment decision taken by a lender on the basis of this information is at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower, fully or partially. The risk is entirely on the lender. LenDenClub will not be responsible for the full or partial loss of the principal and/or interest of lenders’ investment amounts.
*P2P investment is subject to risks. And investment decisions taken by a lender on the basis of this information are at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower.