10 on 2000 Add money PayTM

10 on 2000 Add money PayTM

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Deal Cadet
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Rs. 10 cashback on Adding Rs 2000 in PayTM wallet

User specific
Use code TENON2K
5 times a month

Expired over 1 year
18 Comments  |  
11 Dimers
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Getting 10 on adding 2000?… Don’t call this an offer. stuck_out_tongue_closed_eyes stuck_out_tongue_closed_eyes

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Deal Subedar
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Please enter a valid Promotional or Voucher Code.

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Deal Subedar
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0.5%!!!!!!!
Omg never have I seen such an amazing offer!!!!
Let’s all loot it!!!!!

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Deal Newbie
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May be user specific …not working in my account

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wow what a waste offer

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Shopping Friend
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Wah! Yeh toh alag hi kisam ka troll hai. grinning grinning
10Rs Cashback on Rs 2000 & that Too User Specific. smiley smiley

#PaytmBreaksAllTimeLowRecord smiley

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Deal Cadet
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Come on guys..improve your maths.
Are you going to block Rs 10000 for a year in your wallet?
I made quick 50 and transferred Rs 10000 back to my merchant account which in turn deposited in my bank account within few hours.
If you consider Rs 50 profit on 10000 in one day it is 182% annual return, not 0.5%. where else do you get such return? laughing
Even if you can release / spend your wallet money in 1 month..it would be 6% return and it is not bad too.

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Deal Subedar
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Chikky wrote:

Come on guys..improve your maths.
Are you going to block Rs 10000 for a year in your wallet?
I made quick 50 and transferred Rs 10000 back to my merchant account which in turn deposited in my bank account within few ours.
If you consider Rs 50 profit on 10000 in one day it is 182% annual return, not 0.5%. where else do you get such return? laughing
Even if you can release / spend your wallet money in 1 month..it would be 6% return and it is not bad too.

But don’t forget that the bank shows this money as income to the tax department at the end of the financial year which in turn will tax you at over 5% if your total credit txn (as merchant and salary earner) is over 2.5 lakhs and u have no GST invoice.

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G-Gowda wrote:

But don’t forget that the bank shows this money as income to the tax department at the end of the financial year which in turn will tax you at over 5% if your total credit txn (as merchant and salary earner) is over 2.5 lakhs and u have no GST invoice.

Good info but it depends on how you manage.
Nowadays we are making lots of transactions to earn cashback on UPI and other offers. At least I am not sure how it will impact on taxation.

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G-Gowda wrote:

But don’t forget that the bank shows this money as income to the tax department at the end of the financial year which in turn will tax you at over 5% if your total credit txn (as merchant and salary earner) is over 2.5 lakhs and u have no GST invoice.

Bro .. in mobiwik they are giving 1000 cashback for 10 lakhs transaction.. that also to another ikwik UPI handle.. so different PAN.. it it advisable to do?

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Deal Subedar
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Yok wrote:

Bro .. in mobiwik they are giving 1000 cashback for 10 lakhs transaction.. that also to another ikwik UPI handle.. so different PAN.. it it advisable to do?

No. Don’t do it. Do it only if you have own bank accounts in different banks with same PAN. And then be ready to explain to bank people when they call.

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G-Gowda wrote:

No. Don’t do it. Do it only if you have own bank accounts in different banks with same PAN. And then be ready to explain to bank people when they call.

If bank ppl ask.. shall I say.. I did everything for UPI cashback. Will they say ok?  .. I mean.. I am asking same PAN transaction only.. but that also did for so many lakhs ..

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Chikky wrote:

Come on guys..improve your maths.
Are you going to block Rs 10000 for a year in your wallet?
I made quick 50 and transferred Rs 10000 back to my merchant account which in turn deposited in my bank account within few hours.
If you consider Rs 50 profit on 10000 in one day it is 182% annual return, not 0.5%. where else do you get such return? laughing
Even if you can release / spend your wallet money in 1 month..it would be 6% return and it is not bad too.

Can you please tell me how to create Paytm merchant account. I don’t have any shop also. Is creating merchant account completely free?.. and merchant account to bank transfer completely free?..

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Yok wrote:

Can you please tell me how to create Paytm merchant account. I don’t have any shop also. Is creating merchant account completely free?.. and merchant account to bank transfer completely free?..

Just install “Paytm for business” app and fill some basic information.
Yes, transfer to bank account from merchant account is totally free and can be automated.
You can register your existing paytm no. also. KYC may be mandatory requirement..I am not sure about it.

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