Introducing INDcoins Version 2
Last updated: 17 Mar, 2021 | 11:01 am
INDcoins is INDmoney’s revolutionary rewards program that awards users for good financial actions.
For example, you will earn INDcoins for actions like tracking your credit score, investments, expenses, loans and credit cards; and improving your credit score. This will encourage you and your family to have a good financial life.
- You can refer your friends and earn INDcoins.
- You and your friend will earn 200 INDcoins on successful account verification on INDmoney App.
- Your friend MUST have a valid Credit Score above 650 to be counted as a successful referral
- You can refer up to 50 friends in a year.
- INDcoins can be used to purchase virtual fractional shares of TechStars: world’s top tech start-ups.
- You can grow your INDcoins by buying and selling the virtual fractional shares of TechStars.
- You can sell the TechStars Shares and redeem your INDcoins into your savings a/c, or credit them into your INDcoins wallet.
Virtual Trading in TechStars
- Virtual trading in TechStars takes place in real-time during market hours.
- 10 INDcoins = ₹1
- You and your friend MUST have a valid Credit Score above 650.
- You and your friend MUST verify your profile on the INDmoney App.
Redeeming INDcoins into your savings A/C
- For amounts less than ₹1,000; the amount will be credited within 48 hours.
- For amounts more than ₹1,000; the amount will be credited within 21 days, after due compliance.
- You can redeem up to ₹2,500/- per month, and up to ₹15,000/- per financial year.
Read the detailed FAQ on TechStars and INDcoins for more information: FAQ on INDcoins