Poonawalla Fincorp offers an exciting Referral Program that allows you to earn rewards while helping your friends and family access easy and quick loan products of Poonawalla Fincorp. If you are already a Poonawalla Fincorp customer, this step-by-step guide will walk you through how to join, refer, and earn with the program.
About the Referral Program
Poonawalla Fincorp’s Referral Program is designed to reward both the referrer (you) and the referee (your friend or family member) when a successful loan application and disbursal happen through your reference link. The program currently focuses only on Instant Personal Loan, Business Loan, Professional Loan, and Loan Against Property, but may expand to other products in the future.
Eligibility Criteria for Poonawalla Fincorp’s Referral Program
Before you start referring, ensure you meet these conditions:
- You are an existing Poonawalla Fincorp customer
- Your loan account is not marked as NPA (Non-performing Asset)
How to Refer Someone for an Instant Personal Loan
Follow these simple steps:
Step 1: Visit the official Poonawalla Fincorp website and click on the ‘Refer and Earn’ tab at the top of the screen.
Alternatively, download and log in to the Poonawalla Fincorp Mobile App. In your profile section, find the ‘Refer and Earn’ option.
Step 2: After authentication of your mobile number, a unique referral link will be generated.
Step 3: Share the referral link with your friends, family, or wider circle. There’s no limit to how many people you can refer!
Step 4: Your friends can use this link to apply for the desired loan product.
Reward Details for Poonawalla Fincorp’s Loan Products
Here are the details of rewards for Instant Personal Loan, Business Loan, Loan to Professional, and Loan Against Property’s referral and how the rewards work:
|
Loan Type |
Coins to Referrer |
Coins to Referee |
Unblocking Conditions |
|
Instant Personal Loan |
6000 |
2000 |
Coins unblock after 3 days if: • Referrer downloads & logs into the PFL App • Referee does not cancel the loan • Referee’s coins unblock post disbursement |
|
Business Loan |
8000 |
NA |
Coins unblock after 35 days if: • Referrer downloads & logs into the PFL App • Referee does not cancel the loan |
|
Loan to Professional |
8000 |
NA |
Coins unblock after 35 days if: • Referrer downloads & logs into the PFL App • Referee does not cancel the loan |
|
Loan Against Property |
20,000 |
NA |
Coins unblock after 35 days if: • Referrer downloads & logs into the PFL App • Referee does not cancel the loan |
Once your coins are unblocked:
- View your reward coin balance and transaction history on the Poonawalla Fincorp Mobile App.
- Redeem coins against products listed in the Poonawalla Fincorp app catalogue or for UPI payments via the zillion App.
Terms and Conditions to Remember
- The coins will only be unblocked if the referee does not cancel the loan.
- Both you and the referee must log in and download the official Poonawalla Fincorp Mobile App.
- If either party does not meet these criteria, the coins remain blocked and will not be credited.
For full program details and legal terms, visit: Poonawalla Fincorp Referral Program T&Cs
To Conclude
Poonawalla Fincorp’s Referral Program is a win-win for everyone involved; your friends access reliable financial services while you earn exciting rewards. So, start sharing your referral link today and let your network benefit from quick and easy loan options, such as Instant Loan, Business Loan, Loan to Professionals and a Loan Against Property.
We take utmost care to provide information based on internal data and reliable sources. However, this article and associated web pages provide generic information for reference purposes only. Readers must make an informed decision by reviewing the products offered and the terms and conditions. Loan disbursal is at the sole discretion of Poonawalla Fincorp.
*Terms and Conditions apply