The Royal Club Circle Reward Program

THE NLP REWARD PROGRAM

Royal Club Circle

Earn Reward Points as you use NoLegalPaisa. Redeem points for listed shares (gifted to your Demat via authorised partners) or as discount on eligible professional services — at a notional value of ₹1 per point.

Earn: 1 point per ₹100 spent (excluding taxes/fees/discounts)

Value: ₹1 notional value per point (non-cash, non-transferable)

Redeem: Shares (min 500 / price-based) or Service discount (min 250, cap 25% fee)

Program Snapshot

Key rules at a glance (as per your Terms & Conditions note).

Earning

1 point / ₹100

Excludes taxes, fees, discounts. Credited after successful completion.

Point Value

₹1 / point

Not legal tender. Not cash. Not transferable/sellable.

Redeem (Shares)

Min 500 pts

Or points ≥ share trading price (whichever is higher). Demat + KYC needed.

Redeem (Services)

Min 250 pts

Cap: up to 25% of professional fee per invoice. Govt/stamp/taxes excluded.

Member Wallet (Demo)

No tiers. Just points + redemption rules.

♛ Royal ID: RCC-1029

Demo wallet for UI only. Real wallet connects to your platform account.

Points Balance

This Month Earned

Notional Value

₹0

Earning rule: Members earn 01 Reward Point for every ₹100 spent on NoLegalPaisa (excluding taxes/fees/discounts). Points credit after successful completion of eligible transaction.

Earn Points

Try the earning rule with a spend amount (excluding taxes/fees/discounts).

Eligible spend (₹)₹100 = 1 point

Transaction statusdemo

Actiondemo wallet

Points to be credited

Reason

—

Notional value

₹0

Note: NoLegalPaisa reserves the right to determine qualifying transactions and modify eligibility criteria. Points may be adjusted in cases of refund, cancellation, fraud, or misuse.

Redeem for Shares (Demo)

Quantity = floor(points ÷ live price). Minimum rule: 500 points OR points ≥ live price (whichever higher). Shares are gifted to your Demat via authorised partner; no investment advice.

Points you want to redeemmust be ≤ balance

Live price per share (₹)demo input

Actiondemo

Eligible?

—

Estimated quantity

Balance after (points)

Disclaimer: Post-redemption price fluctuations are at the Member’s risk. Taxes/levies (if any) are borne by the Member. Share redemptions require Demat + KYC; execution/transfer via SEBI-registered partners (typically T+0/T+1).

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Example 1: Redeem points for shares

As per your illustration

Member balance: 800 points
Selected share: Trading at ₹750
Rule: Minimum 500 points, or points equal to trading price (whichever is higher)
Redemption: Use 750 points to get 1 share (₹1/point)
Balance after: 800 − 750 = 50 points
Notes: Market moves & taxes (if any) are member’s responsibility

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FAQ quick rules (shares)

From your FAQ section

Need Demat? Yes (NSDL/CDSL in your own name, PAN-KYC completed)
Stock choice? Curated universe, not investment advice
How many shares? floor(points ÷ live price) at redemption
Price movement? Quantity may adjust between request and execution

Redeem for Service Discount (Demo)

Apply points as discount on eligible professional service fee component at ₹1 per point. Min 250 points per invoice; cap up to 25% of professional fee per invoice.

Professional fee (₹)cap = 25%

Points you want to applymin 250

Actiondemo

Max redeemable (cap)

Applied points (discount)

Payable professional fee

₹0

Exclusions: Government/statutory fees, stamp duty/e-stamp, court/authority filing fees, third-party pass-through costs, out-of-pocket expenses, and taxes are not eligible for redemption and must be paid separately. Not clubbable unless permitted.

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Example 2: Redeem points for service discount

As per your illustration

Service: Contract review (professional fee) ₹8,000
Cap: Up to 25% of professional fee via points; min 250 points
Member balance: 5,000 points
Max redeemable this invoice: 25% × ₹8,000 = ₹2,000 ⇒ 2,000 points
Checkout: Apply 2,000 points → fee becomes ₹6,000 (+ taxes/gov fees separately)
Balance after: 5,000 − 2,000 = 3,000 points

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Eligible services (examples)

As per Clause 4(B)

Online Mediation / ODR
Virtual Legal Counsel subscriptions
Contract Drafting / Review
Business Incorporation
Tax & Compliance filings
IP filings
Consumer complaints
Other platform-listed services (subject to eligible list/caps)

Terms & Conditions (Program Rules)

Accordion version of your updated note (no tier system).

The Program is open to all registered users of NoLegalPaisa who have a valid account and are in good standing in accordance with the Platform’s Terms of Use.

Members will earn 01 Reward Point for every ₹100 spent on the NoLegalPaisa platform, excluding any applicable taxes, fees, or discounts.
Reward Points will be credited after successful completion of the eligible transaction.
NoLegalPaisa reserves the right to determine which transactions qualify and to modify eligibility criteria from time to time.

Each Reward Point has a notional value equivalent to ₹1.
Reward Points are not legal tender and cannot be exchanged for cash, transferred, or sold.
Notional value can be used only for redemption under these Terms.
For eligible NLP services, points may be applied as discount at ₹1/point, subject to redemption rules in Clause 4(B).

Points can be redeemed for shares of a publicly traded company of equivalent value as selected by NLP.
Redemption possible once the Member has accumulated 500 points to cover the redemption value, or the trading price of the particular share.
Requests can be made through the NLP interface or modes specified by NLP.
Share(s) transferred to the Member’s Demat by NLP or authorised partner.

(B) Additional Redemption Option — Services/Discounts

Redeem towards eligible professional services (ODR/mediation, subscriptions, drafting, incorporation, filings, IP, consumer, etc.).
Rate: ₹1 discount per 1 point on the professional service fee component.
Exclusions: government/stamp/authority fees, third-party pass-through costs, expenses, and taxes are not eligible.
Minimum: 250 points per invoice; Cap: up to 25% of professional fee per invoice (unless higher cap displayed).
Not clubbable with other coupons/cashbacks unless permitted.
Must be applied at checkout; once confirmed, redeemed points are non-reversible.
NLP may issue updated invoice/credit note as per applicable tax law.

Post-redemption price fluctuations are at the Member’s risk; NLP is not liable for market movements.
Any taxes/duties/levies (GST, income tax, capital gains etc.) arising from redemption/transfer are borne by the Member.
NLP is not responsible for calculating, collecting, or remitting such taxes on behalf of the Member.

Points may have an expiry date as specified by NLP; unredeemed points may lapse.
NLP may cancel/adjust points in cases of refund, cancellation, fraud, or misuse.

NLP may modify, suspend, or terminate the Program at its discretion without prior notice.
On termination, Members may be allowed a reasonable period to redeem points, failing which points may lapse.

Participation constitutes acceptance of these Terms.
NLP’s decisions on interpretation/eligibility/earning/redemption are final and binding.
Governed by laws of India; disputes subject to exclusive jurisdiction of courts at Thane, India.
Share redemptions executed via SEBI-registered intermediaries/partners; Members must complete KYC and provide valid Demat details.
NLP does not provide investment advice; operational rules (eligible list, caps, blackout periods) may be published and form part of these Terms.

Ready to earn points on your next service?

Activate your wallet and see points at checkout (eligible transactions only).

Frequently Asked Questions

Based on your provided FAQ list.

You use your reward points (₹1 = 1 point) to receive listed shares into your demat. We purchase the shares via our SEBI-registered partner and gift them to you through an off-market transfer.

Yes. You must have a valid NSDL/CDSL demat in your own name with PAN-KYC completed.

You can pick from our curated universe (e.g., broad-market ETFs and large-cap stocks). We do not provide investment advice; the universe is offered for operational ease and liquidity.

Quantity = floor(Points value ÷ live price) at redemption. Example: 1,000 points → ₹1,000; if a share trades at ₹100, you receive 10 shares.

Markets move. If price changes between your request and execution, the final quantity may adjust. You’ll see the executed quantity in your gift memo.

Typically T+0 or T+1 business day for purchase and off-market transfer. You’ll be notified when the credit hits your demat.

We cover standard execution and transfer costs for the gift. Statutory taxes on the value of the benefit, if applicable, are your responsibility.

Possibly. Under Indian tax law, gifts (including listed shares) may be taxable for the recipient if the total value from a non-relative exceeds specified thresholds in a financial year. Please consult your tax advisor.

Where benefits are provided in the course of business/profession, Section 194R may require 10% TDS on the value of benefits above the threshold. The system may require PAN and handle TDS as applicable before completing the gift.

Yes. You may redeem points toward NoLegalPaisa professional fees at ₹1 per point, subject to caps and exclusions (government/stamp/authority fees and taxes aren’t discountable).

Minimum redemption may apply (e.g., 250 points for service discounts; price-based minimums for shares). Per-invoice caps (e.g., 25% of fee) and program limits/blackout periods may apply; see your redemption screen.

If your demat details are incorrect or KYC is incomplete, transfer will fail. We’ll notify you to fix the details; if unresolved within the SLA window, your points are re-credited (as per operational rules).

No. Share gifts are a loyalty benefit, not investment advice or a recommendation. Markets involve risk; please make informed choices.