PayNav

Q: What is PayNav?

A: PayNav is the #1 pre-shopping and savings destination in India, offering users the opportunity to earn cashback in the form of 24k digital gold on their favorite brands. It also serves as a P2P investment platform in partnership with an RBI-approved NBFC.

Q: How does PayNav work?

A: Your investment is processed by Lendbox, PayNav's P2P asset partner, and is then lent to high creditworthy borrowers. The daily interest earned gets accumulated in your PayNav account, and you can withdraw your earnings anytime, with no account opening or withdrawal fees.

Q: What is PayNav Refer and Earn?

A: PayNav Refer and Earn is a program that rewards users for inviting friends to join PayNav. By sharing your referral code (A009078), you and your friend both receive a ₹25 bonus. Additionally, you earn 5% of their shopping gold reward forever.

Q: What is referral code for PayNav?

A: PayNav referral code is A009078.

Q: How do I participate in PayNav Refer and Earn?

A: To participate, simply share your PayNav referral code (A009078) with friends. When they sign up using your code and make their first transaction of ₹100 or more, both of you receive a ₹25 bonus, and you start earning 5% of their shopping gold reward.

Q: Can I invite multiple friends on PayNav?

A: Yes, you can invite multiple friends to join PayNav using your unique referral code. The more friends you invite, the more opportunities you have to earn referral bonuses and ongoing rewards.

Q: Is there a limit to the number of referrals I can make on PayNav?

A: PayNav does not impose a limit on the number of referrals you can make. Feel free to invite as many friends as you'd like and earn ongoing rewards for each successful referral.

Q: How can I track my referral earnings on PayNav?

A: PayNav provides a user-friendly interface where you can easily track your referral earnings. The app will display the rewards earned from each successful referral, making it simple to monitor your overall earnings.

Q: What is the referral bonus on PayNav's first transaction offer?

A: Both you and your friend receive a ₹25 bonus each when they make their first transaction of ₹100 or more on PayNav. This bonus is a one-time benefit for both the referrer and the new user.

Q: How do I use my PayNav referral bonus?

A: The referral bonus you earn on PayNav can be used to enhance your savings and investments on the platform. You can also use it to purchase gift cards or withdraw it in cash or physical gold.

Q: Can I earn ongoing rewards with PayNav Refer and Earn?

A: Yes, PayNav Refer and Earn offers an ongoing reward of 5% of your referred friend's shopping gold reward forever. This ensures continuous benefits for you as long as your friends continue to use PayNav for their shopping and savings.

Q: Are there any restrictions on the first transaction for the referral bonus?

A: To qualify for the referral bonus on the first transaction, your friend needs to make a transaction of ₹100 or more on PayNav. Once this requirement is met, both of you will receive the ₹25 bonus.

Q: Is the PayNav Refer and Earn program secure?

A: Yes, the PayNav Refer and Earn program is secure. The platform prioritizes the security of user data and transactions, ensuring a safe and reliable environment for both referrers and new users participating in the program.

Q: What are the benefits of using PayNav?

A: PayNav offers the highest returns compared to other assets, with daily interest credited. It is authorized and secured by the RBI, providing a reliable investment platform.

Q: Where can I earn cashback through PayNav?

A: You can earn up to 30% cashback at over 500+ popular online stores, including Amazon, Flipkart, Zivame, Swiggy, Uber, and more. In-store cashback is also available at selected shops and restaurants.

Q: Can I withdraw my cashback as physical gold or cash?

A: Yes, you can withdraw your cashback earnings as digital gold, which can be converted to physical gold or withdrawn in cash. PayNav also allows you to purchase gift cards from top brands using your referral rewards.

Q: How does the P2P investment feature work on PayNav?

A: PayNav's P2P investment feature allows you to invest with as low as ₹500, earn daily interest with up to 9.5% p.a. returns, and withdraw your funds instantly. The investment is processed by Lendbox, and your daily interest is credited to your PayNav account.

Q: Why should I consider investing in gold through PayNav?

A: PayNav offers a unique opportunity to earn gold rewards on purchases, providing a hedge against inflation, portfolio diversification, store of value, liquidity, and portfolio insurance. Gold historically performs well during uncertain economic conditions.

Q: How can I earn free 24k gold with PayNav?

A: By purchasing gift cards through the PayNav app from top brands, including Amazon, Flipkart, Azio, Myntra, and more, you can earn free 24k gold. Additionally, you can use the referral rewards you've earned directly through the PayNav app to pay for gift cards.

Q: Is PayNav safe and authorized?

A: Yes, PayNav is authorized and secured by the RBI, providing users with a trustworthy platform for both cashback rewards and P2P investments.

Q: What are the advantages of saving in gold through PayNav?

A: Saving in gold through PayNav offers advantages such as earning high interest, hedging against inflation, portfolio diversification, acting as a store of value, providing liquidity, and offering portfolio insurance. It is a versatile investment strategy compared to traditional savings accounts, fixed deposits, or stocks.

Q: Can I use PayNav In-Store at any shop or restaurant?

A: PayNav In-Store is currently available in selected stores and restaurants. You can enjoy special deals and cashback at over 1000 top food outlets and stores, including popular brands like KFC, Barbeque Nation, Starbucks, Shoppers Stop, and more.

Q: How do I start investing with PayNav?

A: To start investing with PayNav, download the app, create an account, and follow the simple steps to set up your investment portfolio. You can begin with as low as ₹500 and enjoy daily interest with the potential for up to 9.5% p.a. returns.

Q: Is there a minimum withdrawal amount for my P2P investment returns?

A: No, there is no minimum withdrawal amount for your P2P investment returns on PayNav. You have the flexibility to withdraw your funds anytime, and the process is instant.

Q: Can I track my daily interest and investment portfolio on PayNav?

A: Yes, PayNav provides a user-friendly interface where you can easily track your daily interest earnings and monitor the performance of your investment portfolio. This transparency ensures you stay informed about your financial gains.

Q: Are there any hidden fees or charges associated with using PayNav?

A: PayNav prides itself on transparency, and there are no hidden fees or charges for opening an account, making withdrawals, or using the platform. Your earnings are yours to keep without any deductions.

Q: How does the referral program work on PayNav?

A: PayNav offers a referral program where you can earn rewards. You can use these rewards to purchase gift cards and even pay for them directly through the PayNav app. It's a great way to enhance your benefits and savings.

Q: Can I convert my digital gold earnings into physical gold?

A: Yes, you have the option to convert your digital gold earnings into physical gold. PayNav provides the flexibility to choose between digital and physical forms for your gold rewards.

Q: Does PayNav support a wide range of brands for cashback and rewards?

A: PayNav collaborates with over 500+ popular online stores, ensuring a wide range of brands for users to earn cashback and gold rewards. This includes prominent names like Amazon, Flipkart, Zivame, and many more.

Q: Is there a time limit for withdrawing my cashback as gold or cash?

A: There is no specific time limit for withdrawing your cashback as gold or cash on PayNav. You have the freedom to withdraw your earnings whenever you choose.

Q: How does PayNav ensure the security of my financial transactions and personal information?

A: PayNav employs robust security measures to safeguard your financial transactions and personal information. The platform is authorized and secured by the RBI, ensuring a secure environment for users to enjoy their cashback rewards and investments.