Referral Terms and Conditions

Eligibility Criteria:

 

  • Kotak811 referral program shall be applicable to all FKYC 811 customers
  • Kotak811 referral program shall be accessible only via the Kotak811 app.

 

Referrer: The user who is sharing a referral

Referee: The user who is being referred

 

Terms and Conditions applicable to the Kotak Bank Referrals Program:

 

I agree/understand and accept:

  • Kotak 811 FKYC customers are eligible for  availing the benefits of the referral program.
  • The referrer can generate a maximum of 50 referral codes in a day.
  • The referrer is only entitled to a cash reward given that the referee opens a Kotak 811 account, and both the parties adhere to the guidelines and conditions set for this program.
  • Kotak Bank retains the right to award the cash reward to its eligible customers who complete all steps required for a successful referral, up to a maximum amount of 250 INR per month. Any cash reward available to claim beyond this limit will be disabled until the monthly capping renews.
  • Kotak Bank maintains the right to credit the cash reward within 72 hours of the customer claiming it.
  • Kotak Bank is not responsible for any device or technical limitation or errors that limit the ability to claim the referral cash reward.
  • Bank reserves the right at all times to withdraw/ discontinue the Kotak Referral Program without any prior notice to the customer.
  • Kotak Bank referral program will not be accessible to customers holding wallet account, accounts which are marked freeze/lien and if the card is in block status.
  • Kotak referral program for member is automatically terminated upon death or bankruptcy of the Member and upon membership termination, all rewards accrued in the Kotak rewards account (as defined below) shall expire immediately and the membership shall stand closed.
  • This program shall remain in force till such time till unless, terminated by the Bank.
  • That, Bank at its discretion terminate or close the program. The Bank shall in no way be responsible to provide any reason for closure or termination.

 

Disclaimer

 

  • Kotak Bank reserves the right, at its sole discretion, to decide whether the customer qualifies for the 811 Referral program for earning a cash reward.
  • Kotak 811 reserves the right, at its sole discretion, to change the mode of accrual of one or any of the referrals offering will change the offering coming under the referrals program.
  • Kotak 811 reserves the right to disqualify any User, who does not meet the requirements or for any other reason including but not limited to any misuse of the program or on the ground of fraud or suspicious transaction/activity or under any legal/statutory requirement or applicable rules and regulations.
  • Kotak 811 reserves the right to discontinue or change or issue any new form of points or cash reward offered at any time, at its sole discretion.
  • The expiry period for claiming cash reward on the app is 6 months from date of earning the cash reward Kotak 811 can change the expiry period during time to time based on the business needs.
  • The referral link shared with the referee has a 30-day expiry from the day of creation. Using this link post expiry will not entail a referral cash reward to either party. Kotak 811 can change the expiry period during time to time based on the business needs.

 

General Provisions

 

  • Kotak Bank reserves the right to modify/change all or any of the terms and conditions applicable to the Program without assigning any reasons and/or without any prior intimation whatsoever to the Customers. Kotak Bank also reserves the right to discontinue the Kotak 811 Referral Program without assigning any reasons or without any prior intimation whatsoever. Nothing contained herein shall amount to a commitment or representation by Kotak Bank to continue the Kotak 811  referral program.
  • The Terms and Conditions shall be in addition to and not in substitution/derogation of the Primary Terms and Conditions.
  • Any changes to these Terms and Conditions of Use or any terms posted on this site shall be effective immediately. Kotak Bank shall not be responsible for any change, discontinuation, suspension or any other content posted on this site, including features and specifications of products or services described or depicted on the website, temporarily or permanently, at any time, without notice by the Merchant.
  • By continuing to use this site after any changes are posted, you are indicating your acceptance of those changes.
  • Kotak Bank and the participating merchants/partners if any, reserve the right to undertake all necessary steps to ensure that the security, safety and integrity of company's systems as well as its clients’ and users/customers’ interests are well-protected.