Terms And Conditions: InstaMoney 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. InstaMoney is a product by LenDenClub, which 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 borrower account with InstaMoney, a personal loan platform by LenDenClub. The person who is referring is termed as Referrer and the person being referred to is termed as the Referred user. Referrers shall invite-only through the InstaMoney app. The referred user shall click the app install link in the referral message and download the app before signing up. Eligible referrers will earn the following cashback: 

    For every successful referral sign up who completes the loan application by paying the assessment fee of Rs. 199, the referrer earns Rs. 100 each. The maximum amount a referrer can earn is Rs. 500.
  3. This offer runs between 1:00:00 PM 22nd March 2021 and 11:59:59 PM 31st March 2021. The referred user needs to submit the loan application by paying the assessment fee before 11:59:59 PM 31st March 2021 so that the referrer earns respective cashback as per the above Point 2.
  4. The referred user should be a newly registered user on the InstaMoney app by LenDenClub. New user consideration would be done on the basis of new PAN Card entry and new mobile number on the InstaMoney platform.
  5. Referrers are not allowed to invite through public platforms. Any malpractices will lead to disqualification from this offer.
  6. This Offer shall not be clubbed/used in conjunction/alongside any current offer/Offers/promotion running on LenDenclub Platform.
  7. 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.
  8. 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.
  9. The user shall be bound by these Terms and Conditions.
  10. 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.
  11. Employees of LenDenClub or InstaMoney (including their family members & relatives) and their group companies, or associate companies, shall not be eligible for this Offer.
  12. The user will bear the liability of any taxes arising from the cashback money.
  13. All the eligible users will receive cashback in their bank account registered with InstaMoney by the end of April month.
  14. This offer is only valid for users who received an email/sms/call directly from InstaMoney or LenDenClub.