propOG

Cashback terms

1. 01What you get

   When you book a home through propOG, we pay you 1% of the agreement value as cashback. You pay propOG zero brokerage.

2. 02Who is eligible

   You must register with propOG and be tagged to the project by us before your first site visit. Visits made before tagging cannot be credited to propOG by the developer, so they are not eligible.

3. 03What 'agreement value' means

   Agreement value is the price in your registered agreement for sale. It excludes stamp duty, registration charges, GST and any other taxes or government charges.

4. 04When we pay

   We pay your cashback once the developer confirms your booking. Timelines depend on the developer's payment terms; your advisor will tell you the expected date in writing.

5. 05How we pay

   By bank transfer to an account in the buyer's name, after we complete KYC (PAN and address proof). We do not pay in cash or vouchers.

6. 06Cancellations

   If a booking is cancelled for any reason, no cashback is payable. If cashback was already paid, it must be returned.

7. 07Home loan cashback: who qualifies

   The same home must be booked through propOG and qualify for the 1% home cashback. A loan alone doesn't qualify.

8. 08Home loan cashback: how the loan is filed

   The loan must be filed through propOG with a partner lender, before sanction. Loans you arrange directly with a bank don't qualify.

9. 09Home loan cashback: how much

   0.5% of the loan actually disbursed, on a loan of up to 75% of the agreement value.

10. 10Home loan cashback: when we pay

    For an under-construction home, cashback is paid per disbursement stage, after propOG receives the lender's payout for that stage.

11. 11Home loan cashback: cancellations

    If the loan is cancelled, foreclosed or moved to another lender within the lender's clawback period, unpaid cashback lapses and paid cashback may be recovered. The same applies if the booking is cancelled.

12. 12Home loan cashback: how we pay

    To the primary applicant, by bank transfer, after KYC. Any tax deducted is shown to you upfront.

13. 13Home loan cashback: not covered

    Loan against property, balance transfer, top-up loans, and loans for homes not booked through propOG.

14. 14Placeholder

    These terms are a placeholder for the prototype and will be replaced by the final legal terms before launch.