3ā4
Business Days
RBI
Authorized Gateway
1. Withdrawal Rules
š³ Minimum Withdrawal Amounts
Lite Plan
ā¹1,500
Standard Plan
ā¹4,000
Pro Plan
ā¹8,000
Key Rules
- Withdrawal is allowed only when your earned balance reaches the minimum withdrawal limit for your plan.
- Withdrawal requests will be processed within 3ā4 business days.
- Payments are processed securely through an RBI-authorized banking payment gateway.
2. KYC Requirements
Basic KYC (Required for all withdrawals)
- PAN card (mandatory)
- Aadhaar or Government ID
- Bank account verification
Enhanced KYC (For annual withdrawals >ā¹50,000)
- Additional address proof
- Bank statement
- Video verification may be required
Note: KYC is a one-time process as per RBI's Master Direction ā KYC Direction, 2016 (amended 2024). Your documents are stored securely on ISO 27001 certified servers located in India.
3. Tax Compliance
Tax Deduction at Source (TDS): TDS may be applicable on reward payouts as per the prevailing provisions of the Income Tax Act, 1961. The applicable rate, threshold, and section (including but not limited to Sections 194B, 194R, or 56(2)(x)) will be determined based on the nature of the reward and the recipient's status. Users are advised to consult a qualified tax professional for guidance specific to their circumstances.
Tax Details
- TDS Certificate (Form 16A) will be issued as applicable
- KadamPe TAN: HYDK17323F
- If PAN is not provided by the user: TDS at 20% as per Section 206AA
- Users are responsible for declaring reward income in their annual income tax return
Disclaimer: KadamPe does not provide tax advice. The information above is for general reference only. Please consult a chartered accountant or tax professional to understand your specific tax obligations.
4. Failed Transactions
Common Failure Reasons
- Incorrect UPI ID or bank details
- Bank account closed or frozen
- Daily transaction limits exceeded
- Technical issues at bank's end
š Auto-Reversal Policy
Failed amounts are automatically credited back to your Rewards Balance within 24 hours.