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InCred Money
Join InCred Money refer and earn to refer friends and enjoy ₹200 cashback on their first transaction, plus earn 0.25% for every investment they make in Pre-IPO and Unlisted Shares.
Financial
Q: What is InCred Money?
A: InCred Money is an investment platform that offers diverse investment opportunities, including Pre-IPO and Unlisted Shares, Market Linked Debentures (MLDs), Bonds, and Fixed Deposits (FDs). With over ₹1,350 crore in Assets Under Management (AUM) and trusted by 1.5 lakh+ users, it provides a user-friendly interface, expert guidance, and seamless investment experiences.
Q: Why should I choose InCred Money for my investments?
A: InCred Money stands out for its ease of use, transparency, and safety. It offers multiple regulated and diverse investment options, such as Bonds, FDs with returns up to 9.10%, and Pre-IPO shares. With a 100% record of on-time payments and no fees or brokerage charges, it ensures a hassle-free investment journey.
Q: What types of assets can I invest in with InCred Money?
A: InCred Money offers a variety of investment options, including Pre-IPO and Unlisted Shares, Bonds, Market Linked Debentures (MLDs), and Fixed Deposits (FDs). These asset classes allow you to diversify your portfolio and balance risk while maximizing returns.
Q: What is the InCred Money Refer and Earn Program?
A: The InCred Money Refer and Earn program allows you to refer your friends to the platform and earn rewards. You’ll receive ₹200 cashback for your friend’s first transaction and 0.25% of every investment they make in Pre-IPO and Unlisted Shares for up to 1 year.
Q: How much can I earn through the InCred Money Refer and Earn program?
A: You can earn up to ₹10,200 per referral, including ₹200 for the first successful transaction and up to ₹10,000 for continued investments made by your referral over one year. If you refer multiple people, the total earning potential increases.
Q: What is considered a successful referral in InCred Money?
A: A successful referral is when your friend signs up on InCred Money using your referral code or link, makes an investment, and continues investing for up to one year. You will earn referral benefits based on these transactions.
Q: Is there a cap on the earnings from the InCred Money refer and earn program?
A: Yes, there is a maximum cap of ₹10,200 per referral. If you refer 5 friends, for instance, you could earn up to ₹51,000 (₹10,200 * 5).
Q: When will I receive my referral incentives from InCred Money?
A: Referral incentives are paid in the form of Amazon vouchers, which are issued by the 10th of every month for the previous month's earnings. You will receive the vouchers via your registered email ID.
Q: How long can I earn rewards for my referrals on InCred Money?
A: You will continue to earn incentives on every investment made by your referred friend for up to 1 year from their signup date on InCred Money.
Q: Can I refer multiple friends to InCred Money?
A: Yes, there is no limit to how many friends you can refer. Each successful referral can earn you up to ₹10,200, with no cap on the number of referrals.
Q: Do I earn the same referral rewards for all types of investments on InCred Money?
A: No, the InCred Money referral program applies primarily to Pre-IPO and Unlisted Shares investments. You’ll earn ₹200 for the first transaction and 0.25% for all future transactions in these asset classes. Different referral programs may apply to other products like Fixed Deposits.
Q: Can I earn rewards from multiple referral programs on InCred Money?
A: Yes, InCred Money offers separate referral programs for different investment products like Unlisted Shares and Fixed Deposits. You will continue to earn rewards only for the specific product in which your friend has invested.
Q: What happens if my referral does not invest in Pre-IPO or Unlisted Shares?
A: If your referral doesn’t invest in Pre-IPO or Unlisted Shares, you will not earn any rewards under the current InCred Money refer and earn program, as this specific program is tied to those asset types.
Q: What is the minimum investment required for my referral to qualify for the InCred Money refer and earn rewards?
A: For the Pre-IPO and Unlisted Shares referral program, your friend only needs to purchase one share for the referral to be considered successful and for you to start earning rewards.
Q: What type of rewards will I receive for successful referrals on InCred Money?
A: You will receive Amazon vouchers for each successful referral. You get ₹200 after your friend's first investment and an ongoing reward of 0.25% of their future investments for up to one year.
Q: Can I still earn rewards if my referral withdraws or exits the investment on InCred Money?
A: As long as the investment was made and no premature withdrawals have occurred within any stipulated lock-in period, your referral will still qualify, and you will earn rewards for up to one year.
Q: How do I track my referral earnings on InCred Money?
A: You can track your referral earnings directly within the InCred Money app. Your earnings are updated monthly, and referral rewards are issued via Amazon vouchers by the 10th of each month.
Q: Are there any restrictions or conditions in the InCred Money refer and earn program?
A: Yes, the maximum reward is capped at ₹10,200 per referral, and rewards are only applicable to Pre-IPO and Unlisted Shares investments. The program can be modified or withdrawn at any time by InCred Money, with prior notice.
Q: Is it safe to invest in Fixed Deposits through InCred Money?
A: Yes, Fixed Deposits (FDs) offered on InCred Money are regulated by the RBI and insured by DICGC (Deposit Insurance and Credit Guarantee Corporation) up to ₹5 lakh. This makes it a safe and secure option for investors looking for reliable returns.
Q: What are Market Linked Debentures (MLDs) on InCred Money?
A: Market Linked Debentures (MLDs) are hybrid debt securities where the returns depend on market performance. InCred Money offers both principal-protected and non-principal-protected MLDs, allowing you to choose an investment that suits your risk appetite.
Q: How can I invest in Pre-IPO and Unlisted Shares using InCred Money?
A: To invest in Pre-IPO and Unlisted Shares, simply sign up on the InCred Money app, complete your KYC in 2 minutes, and select the company you wish to invest in. Enter the number of shares, choose a payment method, and complete your investment within minutes.
Q: What are the expected returns on Bonds through InCred Money?
A: Bonds available on InCred Money offer returns ranging from 10% to 12% per annum, making them an attractive option for those seeking stable income with relatively low risk.
Q: Are there any fees or charges for investing through InCred Money?
A: InCred Money does not charge any fees, brokerage, or hidden charges for investing in any asset class, including Bonds, MLDs, Pre-IPO shares, or Fixed Deposits. This allows you to maximize your investment returns without worrying about additional costs.
Q: How do I get started with investing on InCred Money?
A: Getting started is simple. Download the InCred Money app, complete a quick 2-minute KYC process, and choose from the variety of investment options like Pre-IPO shares, Bonds, or FDs. Once you select your preferred asset, you can invest directly through the app.
Q: What kind of customer support does InCred Money offer?
A: InCred Money prides itself on exceptional customer support, offering assistance at every step of your investment journey. Whether you need help choosing the right asset or have queries about the platform, their team is available to ensure a smooth experience.
Q: Can I earn referral rewards on InCred Money?
A: Yes, InCred Money offers a referral program where you can earn amazing rewards by referring friends to invest on the platform. It’s a great way to grow your earnings while sharing valuable investment opportunities with others.
Q: What is the minimum investment required for Pre-IPO or Unlisted Shares on InCred Money?
A: InCred Money allows you to invest in Pre-IPO and Unlisted Shares with as little as the cost of one share. This makes high-potential investments accessible to a wider audience without requiring large capital outlays.
Q: Is InCred Money regulated by any authority?
A: Yes, InCred Money follows regulatory standards and offers RBI-regulated Fixed Deposits insured by DICGC. This assures users of the platform’s trustworthiness and commitment to protecting their investments.
Q: What is the track record of payments on InCred Money?
A: InCred Money has an impeccable track record, with 100% of payments being made on time. This reliability builds trust and confidence in the platform among its users.
Q: How do I withdraw my funds from InCred Money?
A: Withdrawing your funds is simple and fast. You can track and manage your investments through the app, and when you’re ready, you can initiate a withdrawal with just a few clicks. The funds will be transferred to your linked bank account securely.
Q: How can my referral claim their Amazon voucher from InCred Money?
A: Once your referral makes their first successful investment in Pre-IPO or Unlisted Shares, they will receive a ₹200 Amazon voucher directly in their registered email. The voucher is valid for one year from the date of issuance.
Q: What should I do if I don’t receive my InCred Money referral rewards?
A: If you haven’t received your referral rewards by the 10th of the following month, you can contact InCred Money customer support at connect@incredmoney.com. They will assist you with resolving the issue.
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