1. Introduction and Promotion Overview
- 1.1 The "Cricket World Cup" promotion (hereafter referred to as the "Promotion") is a unique opportunity offered by SugarWallet (the "Promoter") to its valued customers.
- 1.2 The Promotion involves rewarding participants with an amount credited as digital gold in their account upon meeting the prescribed conditions.
2. Eligibility Criteria
- 2.1 The Promotion is exclusively available to individuals possessing a valid phone number and a registered account with the Promoter.
- 2.2 The offer is strictly limited to a single use per phone number and account.
- 2.3 Employees of the Promoter and their immediate family members are not eligible to participate.
3. Deposit Requirements
- 3.1 Participants must make a minimum deposit (the "Qualifying Deposit") to be eligible for the Promotion.
- 3.2 The minimum deposit amount may vary based on specific campaign requirements.
4. Reward Mechanics
- 4.1 Eligible participants will receive a reward in the form of digital gold, credited to their account.
- 4.2 The reward amount is determined as a doubling of the initial investment made by the user, subject to the maximum cap as stipulated in Clause 4.5.
- 4.3 The digital gold credited will be available for use after a 60-day holding period.
- 4.4 The maximum reward amount shall not exceed twice the value of the initial deposit.
- 4.5 Notwithstanding the foregoing, the maximum reward amount payable under this Promotion shall be capped at INR 200.
5. Additional Investment
- 5.1 Participants are encouraged to deposit funds in excess of the minimum requirement to maximize their investment in digital gold.
6. Applicable Fees
- 6.1 The digital gold credited under this Promotion may attract certain fees as detailed in the fee schedule provided by the Promoter.
7. Nature of Digital Gold
- 7.1 The gold rewarded is digital and does not constitute physical gold.
- 7.2 Participants may redeem the digital gold for vouchers for physical items upon reaching a certain threshold.
8. Voucher Redemption Process
- 8.1 Redemption of digital gold is governed by additional terms, to be provided at the time of redemption.
9. Promotion Period
- 9.1 The Promotion is valid from 10 Nov 2023 to 24 Nov 2023, and rewards must be claimed within this timeframe.
10. Miscellaneous Provisions
- 10.1 This Promotion cannot be combined with other offers.
- 10.2 Terms are subject to change at the Promoter's discretion.
11. Governing Law and Jurisdiction
- 11.1 These terms are governed by the laws of India.