As per the Indifi referral policy. The referrer is entitled to get 1% of the disbursed loan value capped at INR 10,000 per loan. There is no limit to the number of loans that a referrer can refer and thus, there is no cap on the amount earned. The Amount will be reconciled and deposited in the referrer’s bank account post deduction of TDS.
If the applicant referred is already a loan applicant in Indifi then it will not be considered a referral.