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Terms and Conditions

Referral Policy

Domestic Referral Policy

 

This Referral policy applies to users (referred to as “user”, “users'', “your'' or “you”) who are participating in upGrad’s Referral Scheme (the “Scheme”). Your participation in the Scheme is deemed if (a) you share your referral code with others by any means whatsoever, or (b) you use another’s referral code in your application. By participating in this Scheme, you acknowledge and agree to be bound by all of the terms and conditions of this referral policy (“Policy”), which are in addition to and subject to upGrad’s “Terms of Use” and “Privacy Policy'' available on the Platform. Upgrad offers curated and specially designed online higher education and industry-relevant diploma, certification programs and career assistance services (“Program”). By accepting this Referral Policy, you consent, agree and undertake to abide, be bound to the terms of this Referral Policy. If you do not agree to this Policy, please do not participate in the Scheme. upGrad reserves the right to modify or terminate the Scheme, in whole or in part, at any time and in any manner.
 

Definitions:

“Referrer” means a person who refers someone for upGrad course

“Enrolled Referrer” means an upGrad user who has paid the full amount for an upGrad Program and making the reference.

Not Enrolled Referrer” means a non upGrad user who is making the reference

“Referral Code” is the code generated when the Referrer signs up on the upGrad platform or otherwise in a manner decided by upGrad. 

“Referee” The friend who enrolls for the first time in an upGrad program through the Referrer’s reference, using a valid Referral Code. 

Criteria - The Referrer must share her/his Referral Code with the Referee, which in turn must be used/applied by the Referee in his/her application process at upGrad for enrollment to a program. It is the responsibility of the Referrer andReferee solely to make sure that the Referral Code is used before the application submission. upGrad shall not accept the Referral Code any time after the application submission by a Referee. Additionally, the Referee must pay the entire fee amount towards the program chosen by them for the Referral to be considered complete. 

Value & Disbursement of Reward- The amount of Reward receivable is dependent on the status of the Referrer and the Referee at the time when such Reward is to be disbursed.

Referral Payout Policy - Terms of Usage

  • It is the responsibility of the Referrer and Referee, to be sure that the Referral Code is applied correctly before or at the time of application submission.
  • Referral Code applied at the application submission stage will be valid.
  • For applications submitted by redirecting to the university website, it is the Referee's responsibility to make sure that the Referral Code is applied at the Edit Profile section or the Application submission or before making any payment at the university website.

 

1. Not Enrolled Referrers 

  • The Not Enrolled Referrer shall receive a gift voucher valued at Rs. 3,000 per referral, subject to TDS, within thirty (30) working days from the commencement date of the cohort of Friend’s Program, upto a maximum of five (5) referrals in a quarter
  • The Referee’s Reward shall be the fee waiver (if applicable) on the Program fees and shall be determined on the basis of the Program which the Referee has registered and paid for. The fee waiver shall be applied to the balance payment stage and not at the time of block payment.
  • The Not Enrolled Referrer who earns 30,000 or more in the form of referral reward from upGrad in one year needs to submit their PAN Account details to get the future/upcoming payments processed.

 

2. Enrolled Referrer/Expert policy

  • The Reward receivable by the Enrolled Referrer or Expert, as the case may be, shall be determined on the basis of the Program which the Referee has registered and paid for.  For example, if the Enrolled Referrer has enrolled for EPGP (Executive Post Graduation Program) in Data Science Programs and the Referee has enrolled for Advanced Certificate in Digital Marketing, the Enrolled Referrer shall be eligible for a Reward attributable to the Advanced Certificate in Digital Marketing and Communication Program in the table below i.e. INR 7,500
  • The Referee’s Reward shall be a fee waiver(If applicable) on the Program fees, which shall be applied at the balance payment stage, and not at the time of block payment/caution amount payment.
  • The Enrolled Referrer or the Expert, as the case may be, will receive the Reward in the form of a cash payout, after deducting TDS as per applicable laws.
  • The Enrolled Referrer or the Expert, as the case may be, shall receive the referral benefits, subject to TDS, in a split of first 50% within 7 working days from the date of full payment of Program fees  by Referee and the rest 50% would be released within 7-10 working days post Referee’s program batch commencement date or once upGrad receives the login list from the enrolled university.
  • The Enrolled Referrer who earns cash payout as a referral reward from upGrad needs to submit their PAN Account details to get the payment processed.  PAN details form will be shared to the Enrolled Referrer by referral@upgrad.com to fill the details & submit to upGrad.
  • All these benefits are applicable only for learners/experts & will not be applicable in case the learner is an upGrad Employee

 

3. Alumni Discount (fee Waiver)

  • Existing users/learners/students/alumni who enroll themselves for a new Program are eligible to receive the Reward amount in form of an Alumni discount(fee waiver), as mentioned in the table below, which shall be determined on the basis of the new Program he/she has enrolled for.
  • The Alumni Discount shall be the fee waiver (if applicable) on the Program fees and shall be determined on the basis of the Program for which the Alumni has registered and paid for. The fee waiver shall be applied to the balance payment stage and not at the time of block payment/caution amount payment.

 

Program wise value of the Reward is provided in the table below:

ProgramUnpaid Referral RewardPaid Referral RewardAlumni Discount
Deakin Business School - 24 Months MBA (Global) - Without Immersion5,00030,00045,000
Deakin Business School - 24 Months MBA (Global) - Immersion5,00030,00080,000
Deakin Business School - 12 Months MBA (Global) - General5,00030,00030,000
Liverpool Business School MBA - 18 Months (With Immersion) - All Specialisation5,00030,00060,000
Liverpool Business School MBA - 18 Months (Without Immersion) - All Specialisation5,00030,00030,000
BIMTECH Post Graduate Diploma in Management 24 Months5,00015,00025,000
Advanced Certificate in Management5,0005,000NA
Advance General Management Program - 11 Months IMT5,00010,00015,000
Global Professional Certificate in Effective Leadership and Management - MSU5,00010,00010,000
Management Essentials1,0002,000NA
Contract Law Certificate Program1,0002,0005,000
Advanced Certificate in Supply Chain Management from IMT Ghaziabad5,00015,00025,000
Accelerated Management Program10,00030,000NA
GIM- Professional Certificate Program in Health Care Management 11 months without immersion5,0007,50015,000
GIM- Professional Certificate Program in Health Care Management 11 months with immersion5,0007,50015,000
MBA from University of Staffordshire5,00035,000NA
MBA from University of Staffordshire with Immersion5,00035,000NA
MBA by O.P.Jindal Global University5,00010,000NA
IIITB Executive PG Programme in Software Development 13 Months (All Specialisation)5,00015,00040,000
IIITB Advanced Certificate Programme in Software Development 7.5 Months (All Specialisation)5,0007,50015,000
upGrad’s 100% Job-Guarantee Post Graduate Certificate in Software Engineering5,00010,00026,000
Full Stack Development Bootcamp5,00015,00035,000
Advanced Programme in E-Vehicle Technology - IIT Delhi5,00010,00015,000
DevOps Bootcamp - Advanced Certificate Programme5,0007,50015,000
University of Arizona - Master of Science in Data Science - 24 Months5,00040,0001,35,000
LJMU Master of Science in Data Science - 18 Months (With Immersion)5,00030,00075,000
LJMU Master of Science in Data Science - 18 Months (Without Immersion)5,00030,00025,000
Post Graduate Programme in Data Science & AI (Executive) IIITB - 12 Months5,00020,00045,000
Post Graduate Diploma in Data Science by upGrad Institute5,00012,50025,000
Data Science Bootcamp - Interview Guaranteed5,00010,00010,000
IIIT B Post Graduate Certificate in Data Science & AI (Executive) - 8-8.5 Months5,0006,0003,000
University of Maryland - 12 Months EPGP in Data Science and Machine Learning5,00010,00010,000
University of Maryland - 7 Months Professional Certificate Program in Data Science and Business Analytics5,0006,0005,000
University of Arizona & INSOFE - Master of Science in Data Science - 24 Months5,00040,000NA
IIIT B Executive PG Programme in Data Science (Live Bootcamp) - 14 Months5,00017,50030,000
Data Analytics 360 Cornell Certificate Program3,0005,0005,900
Graduate Certificate Programme in Data Science5,0006,0005,000
LJMU Master of Science in Machine Learning & AI - 18 Months (With Immersion)5,00030,00075,000
LJMU Master of Science in Machine Learning & AI - 18 Months (Without Immersion)5,00030,00075,000
IIIT B Post Graduate Programme in Machine Learning & AI (Executive) - 12 Months5,00020,00015,000
IIIT B Post Graduate Certificate in Machine Learning & Deep Learning (Executive) - 8 Months5,0007,5005,000
IIIT B Post Graduate Certificate in Machine Learning & NLP (Executive) - 8 Months5,0007,5005,000
Data Science & Engineering Bootcamp (3+12 months)5,00030,00045,000
Data Science & Engineering Bootcamp (12 months)5,00030,00045,000
Advanced Certificate Program in GenerativeAI5,0006,0009,000
LIBA Executive Post-Graduate Programme in Business Analytics 12 Months5,0006,00015,000
Global Master Certificate in Business Analytics - MSU5,0007,50010,000
upGrad Business Analytics Certification Program 3 Months1,0001,5001,000
upGrad Python Programming Bootcamp1,0001,5001,000
ESGCI School of Management, Paris Doctor of Business Administration5,00040,00050,000
Doctorate of Business Administration from Rushford Business School5,00050,00050,000
LIBA Executive Post-Graduate Program in Human Resource Management 11 Months5,0007,5005,000
IIM Kozhikode Professional Certificate Programme in HR Management and Analytics 5 Months5,0007,5005,000
LIBA Executive Post-Graduate Program in HealthCare Management 11 Months5,0007,50015,000
Global Master Certificate in Integrated Supply Chain Management - MSU5,00010,00010,000
LL.M. in Corporate & Financial Law - Jindal Global Law School (JGLS) - 12 Months5,00022,50020,000
LLM in Intellectual Property Rights - 12 Months5,00022,50020,000
LLM in Dispute Resolution - 12 Months5,00022,50020,000
Duke Product Management Certification Program 6 Months5,00012,50030,000
Duke Product Management Certification Program + 1 Specialisation 7.5 Months5,00012,500NA
Duke Product Management Certification Program + 2 Specialisation 9 Months5,00012,500NA
Duke Product Management Certification Program + 3 Specialisation 10.5 Months5,00012,500NA
MICA Advanced Certification in Digital Marketing and Communication5,00010,00015,000
MICA Advanced Certification in Digital Marketing and Communication + 1 Specialisation5,00010,000NA
MICA Advanced Certification in Digital Marketing and Communication + 2 Specialisation5,00010,000NA
MICA Advanced Certification in Digital Marketing and Communication + 3 Specialisation5,00010,000NA
MICA Advanced Certification in Digital Marketing and Communication + 4 Specialisation5,00010,000NA
MICA Advanced Certification in Digital Marketing and Communication with Immersion5,00010,00015,000
MICA Advanced Certification in Digital Marketing and Communication + 1 Specialisation with Immersion5,0007,50015,000
MICA Advanced Certification in Digital Marketing and Communication + 2 Specialisation with Immersion5,0007,50015,000
MICA Advanced Certification in Digital Marketing and Communication + 3 Specialisation with Immersion5,0007,50015,000
MICA Advanced Certification in Digital Marketing and Communication + 4 Specialisation with Immersion5,0007,50015,000
Advanced Certificate in Brand Communication Management5,00010,00015,000
Advanced Certificate in Brand Communication Management + 1 Specialization5,00010,000NA
Advanced Certificate in Brand Communication Management+ 2 Specialisation5,00010,000NA
Advanced Certificate in Supply Chain Management from IMT Ghaziabad5,00015,00025,000
Digital Transformation3,0005,0005,900
Strategic Human Resources Leadership3,0005,0005,900
Executive Leadership3,0005,0005,900
HUMAN RESOURCES MANAGEMENT CERTIFICATE PROGRAM FOR INDIAN EXECUTIVES3,0005,0005,900
Technology Leadership3,0005,0005,900
Product Management Online certificate Program - e cornell3,0005,0005,900
Wharton Leadership and Management in New-Age Business10,00018,000NA
SSBM Doctor of Business Administration 36 Months (Without Immersion)5,00050,00050,000
Master of Business Administration5,00035,000NA
Master of Legal Studies/LLM5,00035,000NA
Master of Science in Project Management5,00050,000NA
Master of Science in Business Analytics5,00050,000NA
DBA GGU with immersion1000050,000NA
MBA GGU with immersion5,00035,000NA
LLM with Immersion5,00030,000NA
SJD in International Legal Studies5,00040,000NA
Professional Certificate in Global Business Management5,00015,000NA
Doctor of Business Administration in Digital StrategyNA50,000NA
Doctor of Business Administration (DBA) in Emerging Technologies (Concentration in Generative AI)10,00080,000NA
Bachelor of Computer Applications upGrad Australia Track 202210,00025,000NA
Bachelor of Business Administration upGrad Australia Track 202210,00025,000NA
Bachelor of Business Administration upGrad Canada Track 202210,00025,000NA
Bachelor of Business Administration upGrad UK Track 202210,00025,000NA
Bachelor of Computer Applications upGrad US Track 202210,00025,000NA
Bachelor of Computer Applications US Track 202210,00025,000NA
Bachelor of Business Administration upGrad US Track 202210,00025,000NA
Bachelor of Computer Applications upGrad UK Track 202210,00025,000NA
B.Sc. Computer Science IU Germany5,00015,000NA
Bachelors of Business Administration IU Germany5,00015,000NA
Bachelor's Program Canada Track with GGU5,00015,000NA
Bachelor's STEM Program USA Track with GGU5,00015,000NA
Bachelor's STEM Program Canada Track with GGU5,00015,000NA
Master in Computer Science (120 ECTS) IU Germany5,00012,500NA
Master in Computer Science IU Germany5,00012,500NA
MS in Project Management Clark University5,00015,000NA
MS in Information Technology Clark University5,00015,000NA
MS in Data Analytics Clark University5,00015,000NA
Master of Business Administration Clark University US5,00015,000NA
MS in Data Analytics and Visualization Yeshiva University US5,00015,000NA
MS in Artificial Intelligence Yeshiva University US5,00015,000NA
MS in Data Analytics Johnson & Wales University, USA5,00015,000NA
MSc in Data Analytics, DKIT Ireland5,00015,000NA
MS in Computer Science - Troy University, US5,00015,000NA
MS in Data Science University of West Florida US5,00015,000NA
MS in Information Technology University of West Florida US5,00015,000NA
MS in Applied Data Science Clarkson University, USA5,00015,000NA
MS in Data Analytics Touro University US5,00015,000NA
M.Sc Data Science, 60 ECTS, University of Europe, Germany5,00015,000NA
MS in Computer Science - Troy University, US5,00015,000NA
MS in Information Technology and Administrative Management CWU USA5,00015,000NA
MS in Computer Science City University of Seattle US5,00015,000NA
Master in Computer Science 2nd Year IU Germany00NA
Accel Program for MS in Data Science UMass Dartmouth US5,00015,000NA
Accel Program for MS Data Analytics University of Nevada US5,00015,000NA
Accel Program for MS Engineering Management Drexel University US5,00015,000NA
Accel Program for MS in Machine Learning Engineering Drexel University US5,00015,000NA
Accel Program for MS in Engineering Management Drexel University US5,00015,000 
MBS in Entrepreneurship and Marketing, DKIT Ireland5,00012,500NA
Master of Science in Accountancy Edgewood College US5,00015,000NA
Master of Business Administration Clarkson University US5,00015,000NA
Master in International Management IU Germany5,00012,500NA
Master of Business Administration 60 ECTS IU Germany5,00012,500NA
MBA 60 ECTS IU Germany (Full Online)5,00015,000NA
Master of Business Administration 90 ECTS IU Germany + LSBU IU Germany5,00012,500NA
Master of Business Administration Touro University USA5,00015,000NA
Master of Business Administration, GGU, US5,00015,000NA
Master of Business Administration City University of Seattle US5,00015,000NA
MBA General Management-90 ECTS International School of Management Germany5,00012,500NA
MBA 90 ECTS 2nd and 3rd Semester IU Germany00NA
MBA 90 ECTS Final Semester IU Germany00NA
Master of Business Administration Utica University US5,00015,000NA
MSc International Business Management St Marys University Twickenham London UK5,00012,500NA
MBA Business Technologies Haaga Helia University Finland5,00015,000NA
MBA Leading Business Transformation Haaga Helia University Finland5,00015,000NA
Accel Program for MSc International Business and Management University of Suffolk UK5,00015,000NA
MSPM Canada Track IMT Ghaziabad with Northeastern University5,00015,000NA
Accel Program for MS in Organizational Leadership NEU USA5,00015,000NA
Master of Science in Project Management, GGU, US5,00015,000NA
Master of Science in Business Analytics, GGU, US5,00015,000NA
MS Data Science IU Germany5,00015,000NA
MSc Business Intelligence and Data Science International School of Management Germany5,00015,000NA
Accel Program for MS in Management Information Systems University of Nevada US5,00015,000N/A
Accel Program for MSc Data Engineering Aivancity Paris5,00015,000N/A
Accel Program for MSc Artificial Intelligence Engineering Aivancity Paris5,00015,000N/A
Accel Program for MPS in Applied Machine Intelligence NEU USA5,00015,000N/A
Accel Program for MPS in Informatics NEU USA5,00015,000N/A
Accel Program for MPS in Analytics NEU USA5,00015,000N/A
Accel Program for MS in Project Management NEU Canada5,00015,000N/A
Accel Program for MS in Project Management NEU USA5,00015,000N/A
Accel program for MPS in Analytics NEU Canada5,00015,000N/A
Accel Program for MPS in Informatics NEU Canada5,00015,000N/A
MBA International Business Management, VAMK Finland5,00015,000N/A
IIM Lucknow Business Management3,00025,00012,500
XLRI Executive Development Programme In Leadership In Sales & Marketing – The CMO Programme3,00027,5008,000
XLRI Executive Development Program In Advanced Financial Management3,0009,0004,000
IIM Lucknow Advanced Program In Strategic Management For Business Excellence3,00030,00015,000
XLRI Executive Development Program In Strategic Management3,00010,0005,000
XLRI Executive Development Program In Transformational Leadership3,00025,00012,500
Accel Program for Master in Business Administration UCW Canada5,00015,000N/A
Accel Program for MS in Digital Marketing and Media Yeshiva University USA5,00015,000N/A
MS in Project Management GGU USA5,00015,000N/A
Accel Program for Master in Logistics and Supply Chain Management RSB France5,00015,000N/A
Accel Program for MSc Sustainable Tourism and Event Management ESDES France5,00015,000N/A
Accel Program for MSc in Circular Economy and Sustainable Innovation ESDES France5,00015,000N/A
Accel Program for MSc in Impact Finance and Fintech Management ESDES France5,00015,000N/A
Accel Program for MS Computer Science Clark University US5,00015,000N/A
Accel Program for MS in Applied Statistics Colorado State University US5,00015,000N/A
Accel Program for MS in Computer Information Systems Colorado State University US5,00015,000N/A
 Post Graduate Program in General Management  GIM5,00015,000N/A
Accel Program for MBA in Technology, Innovation and Entrepreneurship IBU Canada5,00015,000N/A
Accel Program for MSc Data Science with Work Placement University of Roehampton UK5,00015,000N/A
Accel Program for MSc Global Business Management with Work Placement University of Roehampton UK5,00015,000N/A
Accel Program for MBA with Work Placement University of Roehampton UK5,00015,000N/A
Accel Program for MS in Robotics and Autonomous Systems Drexel University USA5,00015,000N/A
Accel Program for MS in Civil Engineering Drexel University USA5,00015,000N/A
Accel Program for MS in Internet of Things Drexel University USA5,00015,000N/A
Master of Science in Computer Science5,00010,000N/A
Accel Program for MSc International Logistics and Supply Chain Management ISM Germany5,00015,000N/A
Post Graduate Diploma in Machine Learning by Woolf5,00010,00020,000
Accel Program for MBA Business Informatics Metropolia University Finland5,00015,000N/A
Masters of Science in Data Science & AI from WOOLF | upGrad (15 Months)10,0005,00023,000

Advanced Certificate in Marketing Leadership Development (The CMO Program)

10,00015,000N/A
Accel Program for MSc International Management ISM Germany5,00015,000N/A
Accel Program for MS Computer Science with Concentration in Artificial Intelligence and Machine Learning Mercy University USA5,00015,000N/A
Pre Doctoral Fellowship Program from Rushford Business School5,00020,000N/A
Accel Program for MBA in Strategic Data Driven Management IBS Hungary5,00015,000N/A
Master of Business Administration(MBA) from Edgewood College Wisconsin, USA5,00017,500N/A
MBA (with Career Acceleration Program by upGrad)5,0006,000NA
Accel Program for Master of Business Administration Term I Edgewood College USA5,00015,000NA
Accel Program for MBA with Specialization ABS Paris5,00015,000NA
PGDM with Specialisation in GenAI5,00015,000NA
Accel Program for MSc Digital Marketing ABS France5,00015,000NA
Accel Program for Master of Business Administration CSU USA5,00015,000NA
Accel Program for MSc Digital Marketing Excelia France5,00015,000NA
Accel Program for MSc in Sustainable Luxury and Creative Industries Excelia France5,00015,000NA
Accel Program for MSc in Sustainable Global Supply Chain Management Excelia France5,00015,000NA
Accel Program for MSc in International Corporate Finance Excelia France5,00015,000NA
Accel Program for MSc Digital Business Analytics EMLV France5,00015,000NA
Accel Program for MSc in International Hospitality Excelia France5,00015,000NA
Accel Program for MSc Luxury and Innovation Management EMLV France5,00015,000NA
Accel Program for Master of Business Administration-International Business Management SeAMK Finland5,00015,000NA
Accel Program for MS in Industrial and Systems Engineering Rochester Institute of Technology USA5,00015,000NA
Accel Program for MS in Computer Engineering Rochester Institute of Technology USA5,00015,000NA
Accel Program for MSc International Business Management GISMA Germany5,00015,000NA
Accel Program for Master in Management in Kedge Business School France5,00015,000NA
Accel Program for MSc Marketing in Kedge Business School France5,00015,000NA
Accel Program for MSc Business Management GISMA Germany5,00015,000NA
Accel Program for MSc Global Supply Chain Management in Kedge Business School France5,00015,000NA
Accel Program for MS in Information Systems and Technology California State University USA5,00015,000NA
Accel Program for MSc Corporate Finance in Kedge Business School France5,00015,000NA
Master of Science in Computer Science (Wolf)5,00015,000NA
MBA in International Finance integrated with ACCA (QMU)5,00012,500NA
GIM- Executive Post Graduate Program in Healthcare Management-11 months without immersion5,0007,500NA
OPJ MBA - Business & Law5,00010,000NA
Deakin Business School with GIM - No Immersion5,00030,000NA
Executive Post Graduate Programme in Data Science & AI - 12 months5,00020,000NA
Master of Business Administration - Golden Gate University5,00035,000NA
Master of Laws - Golden Gate University5,00035,000NA
Executive Post Graduate Certification in AI-Powered Full Stack Development5,0008,000NA
Master of Business Administration from Upgrad5,00010,000NA
Accel Program for MSc Data Analytics for Business in Kedge Business School France5,00015,000NA
Accel Program for Master of Business Administration Edgewood to Utica University USA5,00015,000NA

Any Reward in the form of a fee waiver shall be calculated on the Program fees plus all applicable taxes. We have provided an example below:

Program Fees: INR 1,00,000

Taxes @18%: INR 18,000

Total: INR 1,18,000

Application of Reward: (-) INR 10,000

Grand Total payable post Reward: INR 1,08,000 

 

4) Terms Applicable:- 

  • upGrad learner who enrolls again for another program, shall be eligible for above mentioned alumni discount of the program in which the learner is enrolling. In this case the learner cannot use any referral code and will not be eligible for any referral reward.
  • The Enrolled Referrer’s batch should also have commenced before the payout window if he/she is an enrolled learner himself/herself in order to be eligible for the Enrolled Referrer benefits.
  • The benefits under this Referral Policy cannot be clubbed with any other scholarship/fee waiver or other benefits. If the referee has already availed of another benefit, the benefits of this Referral Policy shall not apply. For further clarity, please drop an email to referral@upgrad.com.
  • In case of cash payments, you, shall receive the referral benefits, subject to TDS, in a split of first 50% within 7 working days from the date of full payment towards program fee made by the Referee and the rest 50% would be released within 7-10 working days post Referee’s batch commencement date or once upGrad receives the login list from the enrolled university. 
  • If the batch commencement date is the same as the date of full payment of program fee then the referral benefit will be paid out 100% to the Enrolled Referrer.
  • The team will be reaching out for the PAN OR bank details once the final login is issued to the Referee along with receipt of full payment of the program fee.
  • If the Enrolled Referrer does not avail referral benefit by sharing PAN or bank details within 3 months from the date of Referee’s batch commencement, the referrer benefit will lapse and become void.
  • Referee benefits are pre-applied at the time of fee payment except for programs from the following university - IIT- Delhi  where the benefits are processed in the form of a cashback.
  • Both the Referee and Referrer shall be eligible for any referral benefit, only if the Referral code is used at the time of sign-up or at the time of application submission with upGrad, before blocking the seats."
  • The referrer needs to submit his/her PAN/Bank details only. Any third parties' PAN or bank account details cannot be accepted to avail referral reward.
  • As per the new Section, 206 AB inserted in the Income Tax Act by the Finance Act 2021, if you are a 'specified person' as prescribed under section 206AB, the tax deducted at source shall be at  - (a) 5% or (b) twice the rate applicable to referral fees;  whichever is higher. (TAT for TDS certificate would be 45 days after QTR end (1,2 & 3 QTR) for 4th QTR (JFM) it would 70 days)

  

"specified person" means a person who has not filed the returns of income for both of the two assessment years relevant to the two previous years immediately prior to the previous year in which tax is required to be deducted, for which the time limit of filing return of income under sub-section (1) of section 139 has expired; and the aggregate of tax deducted at source and tax collected at source in his case is rupees fifty thousand or more in each of these two previous years

 

Income tax department has facilitated a link where businesses can check if any person is a 'specified person' and thereby deduct the relevant taxes to comply with the provisions of Section 206 AB

 

5)  Fair Usage Requirements

  • upGrad’s Referral Policy has been designed with a vision to make upskilling a lucrative and economical option for the friends and family members of our learner community. The Referrer must refrain from using his / her code publicly on social media platforms as this will be clear ineligibility for referral rewards.
  • Referral invitation links with valid content about upGrad/upskilling posted on Social media will be considered towards referral benefit. However, the final eligibility decision lies with upGrad subjected to post successful verification.
  • The Referral Code usage shall be evaluated on a case-to-case basis by upGrad and upGrad holds the power to block the Referral Code if any misuse is suspected, at the sole discretion of upGrad. The decision of upGrad will be final in this case.
  • The Referrer must refrain from sharing his or her code with any employee at upGrad or any entity associated with the direct sale of any of upGrad’s Programs for the purpose of getting the Referral Code used by upGrad’s prospective learners who the Referrer has no connection with. In such cases, if found then there shall be a detailed evaluation for the same post in which all future payments shall be forfeited including the Referral Code.
  • To validate fair usage, upGrad will conduct a call based verification process to understand the connection between the Referrer and Referee. Failure to do so shall result in forfeit of all payments related to the Referral Code used and blocking of the same.
  • Source of Referee: There will be a check of the source of the Referral Code and of whether the Referrer used any marketing channel to share the Referral Code or if it was shared through the Referrer himself/herself. The misuse of the Referral Code through any social media channels will cause upGrad to block your Referral Code. Our Finance team may contact you for clarification.
  • The Referral Code once entered by the Referee who has blocked the seat and has enrolled with upGrad, cannot be modified/changed.. (Please note:- If the Referral Code once entered by a friend is incorrect, the policy remains the same and the Referrer will not be entitled for any reward).
  • Referral Reward payout will also be on the basis of the final code usage before application submission stage at upGrad or before payment made directly on the university website. ( For any clarification please feel free to email to referral@upgrad.com)