ABCD and Bajaj FD Cashback

[anishdacool]

Hi, has anyone received cashback by opening FDs in ABCD and Bajaj Finserv apps like some of the Youtubers (like Arndm,etc.) have informed on their channels. The suggested cashbacks are to the tune of 4% for opening FDs through these apps. I have attached the screenshots of the offers I came across. These seem too good to be true!

 

[Lovely 💐]

ABCD app comes with 2 pages of terms and conditions for Rs.20 cashback. For the amounts shown in the screenshot, I expect more terms.

 

[anishdacool]

ABCD app comes with 2 pages of terms and conditions for Rs.20 cashback. For the amounts shown in the screenshot, I expect more terms.

Apparently the ABCD cashback is financed by a site called cashgullak. They provide referral rewards to influencers promoting these schemes. I don't know if these are legit or not.

 

[snike1792]

Hi, has anyone received cashback by opening FDs in ABCD and Bajaj Finserv apps like some of the Youtubers (like Arndm,etc.) have informed on their channels. The suggested cashbacks are to the tune of 4% for opening FDs through these apps. I have attached the screenshots of the offers I came across. These seem too good to be true!

I have received cashback for the Bajaj Finserv FD.

 

[brightknight]

I have received cashback for the Bajaj Finserv FD.

Which platform to use for earning cashback after booking FD?

 

[desiviru]

The only way one should do FD is with traditional way i.e directly with bank. Never used A B C or D apps in life. These small gains can make you lose more everntually in future.

 

[RichieRich]

don't risk your hard earned money for these cashbacks.

 

[snike1792]

If in those apps you see DICGC insured, then your money should be safe as it is backed my RBI.

 

[snike1792]

Which platform to use for earning cashback after booking FD?

It will come directly to the UPI ID you provided at the time of registration

 

[Bhauka23]

Apparently the ABCD cashback is financed by a site called cashgullak. They provide referral rewards to influencers promoting these schemes. I don't know if these are legit or not.

These are legit..

I opened Bajaj and ABCD FDs in Utkarsh and NESFB with lock in period of 7 days..

Received cashback in 4-5 days and then withdrew FD after the lock in period..

 

[brightknight]

but where to see the cashbacks being offered. In bajaj app, i am not seeing anything.

 

[tharun]

but where to see the cashbacks being offered. In bajaj app, i am not seeing anything.

These cashback are not offered by Bajaj/abcd directly to you they are offered to affiliate website as commission,part of which they tend to share with us

 

[snike1792]

but where to see the cashbacks being offered. In bajaj app, i am not seeing anything.

You can't check it anywhere. Like some mentioned there are telegram channels where these are promoted. There you can find details. They sometimes share a google form for missing cashback. You should get it in the time specified by them. Maybe in some cases there might be some delays. I had invested in 2 such promotions and I have received the cashback in the stipulated time or maybe after a week's delay.

 

[Jai Shri Ram]

When there is no transparency, there is a possibility of a scam. When an app by NBFCs offers some cashback for doing something in their app, you can approach RBI if something goes wrong. With telegram or whatsapp, there is no one to approach when something goes wrong.

 

[snike1792]

When there is no transparency, there is a possibility of a scam. When an app by NBFCs offers some cashback for doing something in their app, you can approach RBI if something goes wrong. With telegram or whatsapp, there is no one to approach when something goes wrong.

You are right. Cashback can be a hit and miss. But anyway your money is safe since these apps are RBI regulated

 

[tharun]

With telegram or whatsapp, there is no one to approach when something goes wrong.

The entities(like cashgullak, camp guruji etc) which endorse the product for affiliate income can delay/terminate your cashback if they have not receive payment from the merchant.
It will be clearly written in the website but not in telegram message so you can't question then for anything however you can file missing cashback claim for which they(sites like cashgullak) will determine your worthiness for cb and approve accordingly