Referral – FAQs
Who can register for the LoanTap’s referral program?
Our referral program is valid for both existing customers & non-existing customers. They can refer their friends and family under this program. The referred person (known as ‘referee’) need not be an existing LoanTap customer.
What is the eligibility criteria for the referral program?
Applicant must be working in PVT Ltd Company with minimum salary of Rs XXX and a minimum experience of 2 years. The referral program is eligible only for LoanTap’s operational locations.
How to refer under LoanTap Referral Program?
Referrers can register for the program and start sharing the unique link with their friends/ family. You can share the link by any of the medium: Facebook, Twitter, Email, SMS, WhatsApp.
How and when will the referral reward be processed?
You will receive referral benefits on or before 15th of every month. Minimum amount(Points) required to avail amazon gift voucher is Rs 500.
What are the referral rewards for referees?
Referees will receive a reward of worth Rs 500 on Loan Disbursal.
What is the referral reward for a referrer?
Referrers can earn a minimum reward Rs 100 or max Rs 500 for each referral.
Whom can I refer?
You can refer any individual working in a PVT Ltd/ Government organization; with minimum salary of Rs XXX and a minimum experience of 2 years. Check the Eligibility criteria for further details.
When am I eligible to receive the reward?
When your friend completes the personal loan application form and loan is disbursed. However, you are entitled to receive a partial referral benefit on application completion.
How can I redeem the rewards?
The referral reward earned can be encashed in the form of Amazon gift voucher and the Eligible person will receive the gift voucher on or before 15th of every month. Minimum points to encash reward is Rs 500.
How much reward can I win?
You can earn upto Rs 5,000 in a month. In case you earn more please contact us at email@example.com.
How many friends I can refer?
You can refer upto 20 eligible friends in a month.