Effective Date: June 24, 2025
Last Updated: June 24, 2025
At Fundance.in, we reward users for promoting our platform and referring new customers through a structured commission system. This policy outlines how our commission system works, eligibility criteria, payout terms, and conditions for participation.
The Commission Policy governs how referral earnings are calculated, distributed, and managed on Fundance.in. By using our platform and participating in the referral system, you agree to the terms mentioned in this policy.
We offer a multi-level referral system designed to promote growth and incentivize user engagement. Here's how it works:
| Level | Description | Commission Rate |
|---|---|---|
| Level 1 | Direct Referral (your invite) | 5% of the purchase value |
| Level 2 | Referral of your referral | 3% of the purchase value |
| Level 3 | Referral of level 2 | 1% of the purchase value |
| Level 4–6 | Extended team (optional tiers) | 1% or fixed rate (customizable) |
📌 Rates may vary for specific products or during promotions.
To ensure commissions are legitimate, the following conditions must be met:
✅ The referred user must use your unique referral code or link.
✅ The referred user's purchase must be successful, paid, and not returned/canceled.
✅ You must be a registered user with KYC completed.
✅ You must meet the minimum sales activity threshold if applicable.
No commission will be paid in the following scenarios:
❌ Canceled, refunded, or disputed orders.
❌ Self-referrals or duplicate/fake accounts.
❌ Bulk buying for commission gain.
❌ Any user violating our terms of use.
Payout Frequency: Monthly (1st to 5th of every month).
Minimum Withdrawal Amount: ₹500
Payment Methods:
UPI/Bank Transfer
Fundance Wallet (for instant use)
Processing Time: 3–7 business days after approval.
Admin Fee (if any): Flat ₹10 per payout (optional).
Users can track their referrals and earnings in real time through the "My Referrals" and "My Earnings" sections of their Fundance dashboard.
You will be able to see:
Total referrals
Earnings by level
Pending and approved commissions
Withdrawal status
TDS Deduction: As per Indian Income Tax rules, TDS may be deducted if earnings exceed the threshold.
PAN Update Required: For payouts above ₹10,000/year.
GST (if applicable): Included or deducted based on product category.
We reserve the right to suspend or terminate your referral account and withhold unpaid commissions in case of:
Violation of our policies
Fraudulent or misleading promotions
Creating multiple fake accounts
Misuse of referral links (e.g., in paid ads without consent)
Fundance.in may update this policy at any time without prior notice. Users will be informed of major changes via email or dashboard notifications. It is your responsibility to review the policy periodically.
For any commission-related questions, you can contact our support team:
📞 Phone: +91-9492701949
📧 Email: support@fundance.in
💬 Live Chat: Available on the website during business hours
🕐 Working Hours: Mon–Sat, 10:00 AM to 6:00 PM IST
Commission payouts are subject to verification and compliance with Fundance.in policies. Fundance.in reserves the final right to approve, reject, or modify commissions. This policy is governed by the laws of India.
