Please read Terms and Conditions carefully for our "Zero Brokerage" and "nCoins" programs. By engaging in these offers, you agree to comply with and be bound by the following terms. These terms outline the eligibility, benefits, and procedures for utilizing the services and rewards offered by Navia Markets Ltd. These conditions are subject to change at the discretion of Navia Markets, and it is your responsibility to stay informed of any updates. Participation in these programs implies acceptance of the terms outlined below.

1. Zero Brokerage:

1.1 Trade across all segments with zero brokerage fees.

1.2 No brokerage charges apply, making trading cost-effective 

1.3 Applicable for existing RI Online clients from 1/9/2024 and all new Online RI clients 

nCoins

2. What are nCoins:

2.1 nCoin is a virtual coin that customers of Navia on referring clients.

2.2 One nCoin is equivalent to Rs.1.

3. Eligibility for nCoins benefits:

3.1 Existing customers in active status are eligible to earn nCoins.

4. Criteria for earning nCoins:

4.1 By referring clients to Navia. | Rs.500 per Account

4.2 The client should enter the "UCC" as Referral Code 

5. Redeeming nCoins:

5.1 nCoins can be redeemed as Amazon e-Gift card vouchers on request, or

5.2 nCoins can be used obtain credit in ledger 

6. Redeeming Procedure:

6.1 Amazon eGift card voucher:

• 6.1.1 600 nCoins equal a Rs.100 e-Gift Card voucher. 

• 6.1.2 Clients should place a request through email to the support desk for the e-card Voucher.
• 6.1.3 Requests for eGift card vouchers can be placed in multiples of 100.

6.2 Redemption of nCoins as credit in ledger. 

• 6.2.1 The redemption process is automated for ledger credit in line with client request 
• 6.2.2 One nCoin is equal to Rs.1. 600 nCoin would result in Rs.600 as credit in ledger

7. Tracking and Usage:

7.1 View the nCoins balance and charges saved through the Navia Trading App.

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

7.3 Unused nCoins carry over to the following month, provided the account remains active.