digibank Mobile Transfer Program for Corporate Employees

Mobile Transfer Program for Corporate Employees

Invite a colleague to experience digibank and get up to ₹500

Transfer money to your colleagues and unlock up to ₹10,000 cashback!

Transfer ₹1 or more to your colleagues’ mobile number and you & your colleagues will get ₹250 cashback once they open a digiSavings account and spend ₹2,000 on their physical digibank debit card. You and your colleagues get an additional ₹250 cashback once their salary (min of ₹25,000) is credited in their respective digiSavings account. You can invite up to 20 colleagues every month and earn up to ₹10,000 cashback – so get started now!

How It Works

Just transfer ₹1 or more to your colleague using the “TRANSFER” option on digibank. Select ‘TRANSFER TO’ > ‘ADD NEW PAYEE’ > ‘PAY TO MOBILE’ and simply enter the mobile number of your colleague to transfer money (‘mobile transfer’)
The mobile transfer must be done during the promotional period (see FAQs below)
Your colleague must be a non-existing digibank customer and open a new digiSavings account by completing the physical biometric authentication, within 15 days of receiving the mobile transfer
To qualify for cashback, your colleagues must spend ₹2,000 in one or multiple transactions using their physical digibank debit card within 45 days of opening their digiSavings account
To qualify for additional ₹250 cashback, your colleague & you must be from the same organisation and both of you must get the salary (min of ₹25,000) credited in your respective digiSavings accounts within 45 days of opening the digiSavings account
This offer is only available for digiSavings customers of select organisations, and for customers whose salary is credited in their digiSavings customers

Frequently Asked Questions

What is the promotion period for the Mobile Transfer Program?

The program runs from 3rd June, 2019 to 31st December, 2019, both days inclusive.

Who can I transfer funds to under this program and receive cashback?

You can transfer funds to all your colleagues from the same organisation who are over 18 years old and resident of India (one who is eligible to open a digiSavings account). If your colleague is an existing digibank account holder (e-wallet or digiSavings) or the transfer was made outside of the promotion period, you will not be eligible for cashback.

When will I receive the cashback?

The 1^st leg of process is complete when the colleagues you have sent a mobile transfer to, open a new digiSavings account and spend ₹2,000 using their physical digibank debit card within 45 days of opening their account. ₹250 will be credited to your digiSavings account within 15 working days of this date.

Additional ₹250 will be credited into your digibank account when the colleagues you have sent a mobile transfer to, get their first salary credit into their respective digiSavings accounts. This cashback will be credited within 15 working days of the salary credit.

When will my colleague receive the cashback?

The 1^st leg of process is complete when the colleagues you have sent a mobile transfer to, open a new digiSavings account and spend ₹2,000 using their physical digibank debit card within 45 days of opening their account. ₹250 will be credited to your colleagues’ digiSavings account within 15 working days of this date.

Additional ₹250 will be credited into your colleagues’ digibank account when the colleagues you have sent a mobile transfer to, get their first salary credit into their respective digiSavings accounts.

Who will get the cashback if two people have transferred money to the same colleague under the Mobile Transfer Program?

The person who transferred the money first, will receive the cashback.

Can I still get cashback if I do transfer money to existing digibank account holders under the Mobile Transfer Program?

No. You are eligible for cashback only if you transfer money to colleagues who are new to digibank. Transfers made to existing digibank account holders under the Mobile Transfer Program are not eligible for cashback.

Once I have transferred money to my colleague under the Mobile Transfer Program, how soon must they open a digiSavings account to be eligible for cashback?

Your colleagues must open a digiSavings account within 15 days of receiving the mobile transfer. If they do not open a digiSavings account within 15 days, the transferred fund will be credited back to your account.

What happens if my colleague opens a digiSavings account more than 15 days after I transfer funds to them?

You will not be eligible for cashback if your colleague opens an account after the 15-day limit, even if this occurs during the promotion period.

View the full list of FAQs

View Terms and Conditions