Withdrawal Policy
Withdrawal Policy – Perkwagon merchant pvt. Ltd.
Last Updated: May 19, 2026
Welcome to [Your Website Name]. This Withdrawal Policy explains the rules, eligibility, processing timelines, and conditions related to withdrawal of referral commissions, rewards, cashback, and wallet balances earned through our platform.
By using our platform, you agree to the terms mentioned below.
- Eligibility for Withdrawal
Users are eligible to request withdrawals only after:
- Completing account registration
- Providing valid bank account details
- Complying with all platform policies and terms
The company reserves the right to approve or reject any withdrawal request after verification.
- Minimum Withdrawal Amount
- Minimum withdrawal amount: ₹500
- Withdrawal requests below the minimum limit will not be processed.
The company may revise the minimum withdrawal amount at any time without prior notice.
- KYC Verification Requirement
To ensure secure and lawful transactions, users must complete KYC verification before making any withdrawal request.
Required documents may include:
- Valid bank account details
- Mobile number verification
Important:
- The bank account name must match the registered user’s name.
- One user is allowed to use only one verified identity and bank account.
Any mismatch or suspicious activity may lead to account suspension.
- Withdrawal Processing Time
- Withdrawal requests are processed within 3–7 working days
- Processing timelines may vary during holidays, banking delays, or technical issues.
The company is not responsible for delays caused by banks or payment gateways.
- Withdrawal Schedule
Withdrawals are processed:
- Once every week / every Friday
OR - Within standard processing timelines after request approval
(Choose whichever matches your business model.)
- Eligible Earnings
Only verified and approved earnings are eligible for withdrawal.
The following earnings may be considered invalid and removed:
- Earnings from cancelled orders
- Refunded products
- Fraudulent transactions
- Fake referrals or duplicate accounts
- Policy violations or suspicious activity
The company reserves the right to reverse commissions generated through invalid activities.
- Fraud Prevention & Account Review
To maintain platform security, the company may:
- Temporarily hold withdrawals for review
- Request additional verification documents
- Reject withdrawals linked to suspicious or fraudulent activity
Users involved in fraudulent activities may face:
- Account suspension
- Commission cancellation
- Permanent ban from the platform
- Legal action if required
- Payment Methods
Withdrawals may be processed through:
- Bank Transfer (NEFT/IMPS/UPI)
- UPI ID
- Other approved payment methods
The company may change available payment methods at any time.
- Taxes & Compliance
Users are solely responsible for:
- Reporting their earnings
- Paying applicable taxes
- Complying with local laws and regulations
The company may deduct TDS or other applicable deductions where required by Indian law.
- No Guaranteed Income
Earnings on the platform depend on:
- Product purchases
- Customer referrals
- Platform activity
The company does not guarantee fixed income, profits, or returns.
- Policy Changes
The company reserves the right to modify, update, or change this Withdrawal Policy at any time without prior notice.
Users are advised to review this policy periodically.
- Contact Us
For withdrawal-related support, contact:
- Email: support@perkwagon.com
- Website: www.perkwagon.com
Withdrawal Policy FAQs
Frequently Asked Questions (FAQs)
- What is the minimum withdrawal amount?
The minimum withdrawal amount is ₹500. Withdrawal requests below this amount will not be processed.
- Is KYC verification mandatory for withdrawals?
Yes. KYC verification is mandatory before any withdrawal request can be approved.
- What documents are required for KYC?
You may be asked to provide:
- Bank account details
- Mobile number verification
Additional documents may be requested if required.
- How long does withdrawal processing take?
Withdrawal requests are usually processed within 3–7 working days after approval.
- Which payment methods are supported?
Withdrawals may be processed through:
- Bank Transfer (NEFT/IMPS)
- UPI
- Other approved payment methods
- Can I withdraw earnings from cancelled or returned orders?
No. Commissions generated from cancelled, refunded, or returned orders are not eligible for withdrawal.
- Why is my withdrawal request pending?
Your withdrawal may be pending due to:
- Bank verification
- High withdrawal volume
- Security checks
- Technical or banking delays
- Can my withdrawal request be rejected?
Yes. Withdrawal requests may be rejected if:
- Incorrect bank details are provided
- Fraudulent activity is detected
- Platform policies are violated
- Can I use someone else’s bank account for withdrawal?
No. The bank account name must match the registered user’s verified identity.
- Is there any withdrawal fee?
The company may charge processing fees in certain cases. Applicable charges, if any, will be shown before withdrawal submission.
- How many withdrawal requests can I make?
Users may submit withdrawal requests according to the platform’s withdrawal schedule and limits.
- What happens if I enter incorrect bank details?
The company is not responsible for failed or delayed payments caused by incorrect bank information submitted by the user.
- Can the company hold or reverse commissions?
Yes. The company reserves the right to hold, adjust, or reverse commissions generated through invalid, fraudulent, cancelled, or suspicious transactions.
- Are taxes applicable on withdrawals?
Applicable taxes, including TDS if required by law, may be deducted before processing payouts.
- Does the platform guarantee earnings or profits?
No. Earnings depend on product sales, referrals, and platform activity. The company does not guarantee fixed income or profits.
- Who can I contact for withdrawal support?
For withdrawal-related help, contact:
- Email: support@perkwagon.com
- Website: www.perkwagon.com