Existing digiSavings customers can earn INR 250 by referring their friends and families to avail digiSavings account. Referee will also be eligible for a cashback of INR 250/- on transacting minimum of INR 500/- or more in one or more transaction on their physical digibank Debit Card within first 30 days of coming on-board digiSavings.
Referral Program Period: December 15, 2016 to March 31, 2017 (both days inclusive).
Referrer (Rs. 250 Cedit Free when they invite friend by sending Rs. 1 from Upgraded account)
- Only digiSavings customers are eligible for this program
- digiSavings customers will be required to make a transfer of Re. 1/- or more using ‘Pay through Mobile” option to prospects (hereinafter referred to as the “Referee”) during the Referral Program Period.
- Referee should not be an existing digibank accountholder and should open a digibank account within 15 days of receiving the mobile transfer from the Referrer, else the money will be credited back to the Referrers account. Referrer will not be eligible for any incentive in case Referee opens open a digiSavings account after expiry of 15 days of receiving the mobile transfer from the Referrer.
- The Referrer can get credit of INR 250/- for each successful referrals. However, first 20 successful referrals during the calendar month will only be eligible for incentive. DBS Bank Ltd. reserves the right to debit Referrer’s digibank savings account at its sole discretion in case credits posted in a Referrers digibank savings account exceed 20 (twenty) number of successful referrals per calendar month
Referee (Rs. 250 Cashback on Rs. 500 when they sign up from Referrer)
- Only Referees sourced through the digibank Referral Program are eligible for this Program.
- Referees will have to spend INR 500/- or more in single or multiple transactions within 30 days of opening a digiSavings a/c to earn cashback of INR 250/-.
- Debit Card transactions for funding wallets will not be considered a transaction for earning cashback under this program. Only spends on Point of Sale (“POS”) or electronic Point of Sale (“ePOS”) will be eligible for evaluating the spend limit.
How to Refer & Earn Rs. 250 Credit?
- Upgrade your account by submitting Pan & Aadhaar card.
- Once your account is upgraded, click on "Pay" option on home page.
- Pay some one, enter person mobile number > Pay Rs. 1.
- You will get Rs. 250 Credit once your friend upgrade his account.
How to Get Rs. 250 cashback on Rs. 500?
- Ask your friend to send Rs. 1 (Ask from IndiaFreeStuffer here)
- You will get download link by SMS, download using that link only.
- Sign up.
- Click on Open Saving Account.
- Enter Aadhaar card details and Pan card details and click next
- Select "Complete Paperless verification" > Select city.
- In 2-3 days you will be called by Digibank representative for verification.
- Representative will visit your place for Fingerprint bio-metric verification.
- You can now enjoy Rs. 250 cashback on Rs. 500, Can order free debit card and can refer to earn more.
Other terms of the offer:
- The Referrer authorizes DBS Bank Ltd., it associates, subsidiaries and affiliates to contact him/her.
- The Referrer declares that due consent has been obtained from the Referee, to refer his/her contact details to DBS Bank Ltd. to contact the Referee to offer its range of banking services and products. The Referrer agrees and undertakes that s/he shall be responsible to DBS Bank Ltd., it associates, subsidiaries and affiliates for any losses or claims that may be occasioned upon DBS Bank Ltd., in the event that such declaration or undertaking is found to be untrue.
- As part of the Referral Program, the Referee acknowledges, understands and agrees that when he receives the money transferred by the Referrer, the Referrer will know that the Referee has opened an account with DBS Bank Ltd. If the Referee desires to avoid disclosing this personal information, the referee may choose to apply independently and not respond to this program. Likewise, by transferring funds to the Referee, the Referrer acknowledges, understands and agrees that the Referee will know that the Referrer stands a chance to get rewarded. If the Referrer does not desire to disclose this information, he/she should not participate in this program.
- Fixed incentive of INR 250/- will be credited in digiSavings account of the eligible Referrer within 15 days of the Referee opening a digiSavings during the Referral Program Period.
- Referee should not be an existing digibank account holder.
- If two different Referrers have referred the same Referee, the one who refers first will get the fixed incentive.
- Opening of a digiSavings account is subject to internal policies of DBS Bank Ltd.
- Cashback of INR 250/- will be credited in digiSavings account of the eligible Referee spends INR 500/- or more in single or multiple transactions within 30 days of opening his digiSavings a/c. The Cashback will be credited to Referee ‘s digiSavings account within 15 days from the date of completion of INR 500/- transaction through POS/ ePOS.
- Tax liability arising from the Referral Program, if any, will be solely borne by the Referrer/Referee. DBS Bank Ltd. will have the right to deduct TDS as per existing regulations.
- Incentive is non-transferable and non-replaceable. The incentive under this digibank Referral Program is non-transferable and cannot be combined with any other Offers/discounts/promotions/special offers or redeemed for cash.
- DBS reserves the right to and may, at any time, without previous notice and from time to time, modify/withdraw/suspend this Referral Program, with or without any reason.
- This Referral Program will be governed by the laws of India and subject to courts in Mumbai.