Terms And Conditions: Refer And Earn – March 2021 Offer

  1. 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.
  2. Offer valid only if you have an active investor account with LenDenClub. The person who is referring is termed as Referrer and the person being referred to is termed as a Referred user. Referrers can just share their mobile number as refer code which the referred user can use during signup. Eligible referrers will earn one of the following cashback: 

    If the referred user sets up the investor account and makes an investment between Rs. 1,000 and Rs. 9,999, then the referrer earns Rs. 150 

    OR

    If the referred user sets up the investor account and makes an investment between Rs. 10,000 and Rs. 19,999, then the referrer earns Rs. 200 

    OR

    If the referred user sets up the investor account and makes an investment of more than Rs. 20,000, then the referrer earns Rs. 250. 

    The maximum cashback a referrer can earn is from 10 different invested referred users, i.e. Rs. 2,500. For eg. If referrer A refers to 10 users and 2 users – Referred user 1 and Referred user 2 sets up their accounts and make an investment of Rs. 15,000 and Rs. 9,000, then Referrer A earns Rs. 200 and Rs. 150 respectively (Total cashback earned: Rs 350).
  1. This offer runs between 1:00:00 PM 11th March, 2021 and 11:59:59 PM 31st March, 2021. The referred user needs to make a minimum investment of Rs. 1,000 by 11:59:59 PM 31st March, 2021 so that the referrer earns respective cashback as per the above Point 2.
  2. The referred user earns Rs. 125 cashback after a minimum investment of Rs. 1,000.
  3. The referred user should be a newly registered user on LenDenClub. New user consideration would be done on the basis of new PAN Card entry and new mobile number on the LenDenClub platform.
  4. This Offer shall not be clubbed/used in conjunction/alongside any current offer/Offers/promotion running on LenDenclub Platform.
  5. Any withdrawal request placed by 15th April 2021 will mark the participant disqualified from the offer.
  6. The Offer made hereunder can neither be exchanged with cash nor can it be used for any other purpose. Any attempt in this regard would render the same inoperative and invalid.
  7. 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.
  8. The user shall be bound by these Terms and Conditions.
  9. 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.
  10. Employees of LenDenClub (including their family members & relatives) and their group companies, or associate companies, shall not be eligible for this Offer.
  11. The user will bear the liability of any taxes arising from the cashback money.
  12. All the eligible users will receive cashback in their LenDenClub wallet by the end of April month.
  13. This offer is only valid for users who received an email/sms/call directly from LenDenClub.