Do not index
Do not index
How does it work?
- Refer your friends by sharing your referral link, and earn 10% of the fees they pay if they signup using your referral link. That’s it! It’s that simple!
- There is no minimum or maximum payout under this programme. The referral earnings are directly added to your Mulya Wallet.
- The referral earnings for every month are only updated and settled in the first week of the following month.
- The minimum transaction amount of your referee in the foreign currency should be atleast 10.
Terms and Conditions
- Mapping will only be considered for the introducer/referrer having a prospect sign up and register initially. If the user is already registered and later uses an introducer/referrer's affiliate link to complete the account opening process, this account will not be mapped to the referrer.
- Referred users from one user ID are not transferable to another user ID in any way possible.
- To be able to place a withdrawal request on your account during any month/ad-hoc time of a financial year, the minimum payout amount from the referral generated must be at least Rs. 1,000 (One Thousand).
- All payouts made to such users under this Referral Incentive Scheme shall be post-tax deducted at Source (TDS) which shall be at 5% or as per Applicable Income-tax Law.
- All eligible amounts available for withdrawal will be deposited towards the user’s linked bank account which is in his/her own name (entity name in case of non-individual users) and not in any other person’s name.
- Individual users cannot refer other individual accounts in their own name.
- Individual users cannot refer another non-individual account (eg. Sole Prop, HUF, Private Limited, Partnership/LLP, Trust) with the same ultimate beneficial owner (ownership in the entity > 20%)
- Non-Individual users cannot refer another non-individual account (eg. Sole Prop, HUF, Private Limited, Partnership/LLP, Trust) with common ultimate beneficial owner(s) (ownership in the entity > 20%)
- If a user closes his/her account, referral amounts shall stop being accrued/accumulated after such closure of the account.
- If a user doesn’t use the Mulya account for more than 90 days, the account is marked inactive, and referral amounts shall stop being accrued/accumulated after the inactivity.
- Mulya reserves the right to periodically audit the source for generating such leads/referrals of all users. Failure to fulfil any audit requirements or showcase such responses to any queries from Mulya may result in the termination of all past/future benefits under this Referral Incentive Scheme.
Declaration
- All users requesting for withdrawal of any incentive payouts must abide by, declare and agree to all clauses stated below. In case any misrepresentation or incorrect declaration is provided, such users shall indemnify Mulya for any such damages, direct or consequential, with respect to any violations of Circulars, Rules & Regulations, any such Applicable Law in India.
- I/We, having an account with Mulya hereby agree to and declare the below points with respect to accepting any payment/incentives from Mulya, with respect to any referral bonus or marketing fee or incentives from Mulya:
- I/We hereby declare that the above information are true and correct, and if any information is found to be false and incorrect, Mulya will have the right to recover the entire amount received by me/us through whatever means Mulya deems proper.
- I/We agree to indemnify Mulya and its Directors/agents/employees for any damages/claims that may arise from me/us deviating from the Rules/Bye-Laws of the Exchanges, and any terms, conditions, Policies & Procedures of Mulya.
- I/We hereby declare that I/We have read, understood and agree to abide by this Policy, Mulya’s terms & conditions, privacy policy and policies & procedures on Mulya’s websites.
- I/We hereby understand this policy, along with these terms & conditions with respect to all incentives from Mulya, regarding referrals towards Mulya may be changed from time to time by Mulya, at the sole discretion of Mulya. Therefore, at all times, I/We shall abide by the change in such Policies and Procedures of Mulya without any objections in the future.
- I/We hereby understand that Mulya’s management reserves all rights to withhold any such incentives to any such referrer, at its sole discretion, for any reason whatsoever.