Apr 229 min read
Mar 319 min read
Dec 23, 20235 min read
Earn big with OneNDF's refer & earn program! Refer borrowers & get ₹50,000* onwards as reward. Accumulate OneNDF coins through referrals & redeem for cash in your bank account.
Loan
A: The OneNDF Refer and Earn program is a referral incentive offered by OneNDF, a financial platform, where you can earn virtual coins called OneNDF Coins for referring new borrowers to their platform. These coins can be redeemed for cash, making it a lucrative opportunity to earn rewards for successful referrals.
A: To participate, you need an active OneNDF account. Share your unique referral link or code with potential borrowers. When someone signs up using your link and completes milestones like credit score verification, loan application, and disbursement, you earn OneNDF Coins accordingly.
A: The milestones include sign-up (₹1 or 100 coins), credit score verification (₹10 or 1000 coins), ITR submission (₹10 or 1000 coins), GST registration (₹10 or 1000 coins), banking verification (₹10 or 1000 coins), loan application completion (₹20 or 2000 coins), loan sanction (₹39 or 3900 coins), and loan disbursement (₹50,000 onward, varies according to loan type and amount).
A: To redeem, you need to meet the criteria of having at least one loan disbursement to a referral. Once met, request a redemption, and the cash equivalent will be credited to your registered bank account within 7 business days.
A: No, there is no cap on the number of OneNDF Coins you can earn through referrals. You can keep referring and accumulating coins indefinitely, as long as you follow the program's terms and conditions.
A: The OneNDF Coins have no expiration date. They remain valid and redeemable as long as you maintain an active account with OneNDF and follow the guidelines.
A: No, the OneNDF Coins earned through the referral program are non-transferable. They can only be redeemed or utilized within your own OneNDF account.
A: If your referral's loan application is rejected, you will still earn OneNDF Coins for activities they completed, such as sign-up, credit score verification, ITR submission, GST registration, banking verification, and loan application completion. However, you won't earn coins for loan sanction and disbursement.
A: You can redeem your OneNDF Coins for cash in your bank account. Once credited, you can use that money to pay off an existing loan with OneNDF or as a fee waiver for future loan applications.
A: You can check your OneNDF Coin balance, redeemable coins, and redemption status by logging into your account and navigating to the "Refer and Earn" section on the app.onendf.com website.
A: Currently, the loan options available for referrals include Loan Against Property, Working Capital Loan, and Business Loan. More options may be added in the future.
A: OneNDF takes fraudulent or spam activities seriously. If they suspect any abuse or spam referrals, they reserve the right to investigate, block or remove users from the program, and remove associated coins.
A: For any queries, reach out to the dedicated referral support team by emailing referral@onendf.com. They will assist with questions or issues regarding the referral process, rewards, or any other related matter.
A: There is no specific information provided about a minimum loan amount requirement for referrals to be eligible. However, the number of coins earned for loan disbursement starts from ₹50,000 onward and may vary according to loan type and amount.
A: The program seems focused on referring new borrowers to the platform. While there is no explicit mention of restrictions on referring existing borrowers, the program's terms and conditions may provide more clarity on this aspect.
Other Loan Refer and Earn Program Similar to OneNDF: