Please read the Terms and Conditions carefully for our Zero Brokerage and nCoins programs. By participating in these offers, you agree to comply with and be bound by the terms governing the eligibility, benefits, and procedures for utilizing the services and rewards offered by Navia Markets Ltd. These terms may be modified at the discretion of Navia Markets from time to time, and it is the client’s responsibility to stay updated with any changes. Participation in these programs implies acceptance of the terms outlined below.

Zero Brokerage

• Clients can trade across all segments with zero brokerage fees.

• No brokerage charges will be applicable, making trading more cost-effective for clients.

• This offer is applicable for existing RI Online clients from 01/09/2024 and for all new Online RI clients.

nCoins

What are nCoins

• nCoins are virtual reward coins provided to Navia customers for referring new clients.

• One nCoin is equivalent to ₹1. For example, 500 nCoins will result in ₹500 credit in the ledger, which can be used only for redeeming statutory charges.

• Charges below ₹5 will not be eligible for redemption from nCoins for the respective traded month.

Eligibility for nCoins Benefits

• Existing customers with an active account status are eligible to earn nCoins.

Criteria for Earning nCoins

• Customers can earn nCoins by referring clients to Navia.

• 500 nCoins will be credited per successful account opening through referral.

• The referred client must enter the UCC as the referral code during the account opening process.

Redeeming nCoins

• nCoins can be redeemed as Amazon e-Gift card vouchers as per the following structure:

  • 2100 nCoins = ₹100 e-Gift Voucher

  • 5100 nCoins = ₹300 e-Gift Voucher

  • 10000 nCoins = ₹1000 e-Gift Voucher

• Alternatively, nCoins can also be used to obtain credit in the ledger against applicable charges.

Redeeming Procedure

• Amazon e-Gift card vouchers can be redeemed directly through the Navia App.

• Requests for e-Gift card vouchers can be placed in multiples of 100.

• nCoins credit to the ledger will be processed at the end of the month.

• Voucher processing after redemption will be completed at the end of every month.

Gifting nCoins

• Clients can gift nCoins to another user, and a minimum of 2000 nCoins is required to initiate the gift.

Tracking and Usage

• Clients can view their nCoins balance and the charges saved through the Navia Trading App.

• nCoins cannot be transferred, sold, or exchanged for cash.

• Unused nCoins will be carried forward to the following month, provided the account remains active.