How referral programmes pay out
Indian fantasy cricket operators run two referral models: a flat cash credit for both referrer and referee, or a percentage of the referee's deposit. Flat credits typically pay Rs 100 to Rs 500 to each side; percentage models pay 5 percent to 20 percent of the referee's first deposit, capped at Rs 2,000 to Rs 5,000. Both models require the referee to complete KYC and play a minimum number of contests before the credit becomes withdrawable. The credit typically lands in the wallet as 'bonus' balance, which carries the same turnover rules as deposit bonuses.
Eligibility and one-account-per-person rules
One referral code per account. Operators detect duplicate accounts by device fingerprint, PAN, Aadhaar, bank account, payment instrument and IP. Attempting to create multiple accounts to claim referral bonuses is a violation of the operator's terms and results in bonus forfeiture plus account closure. Family members sharing a device or IP will be flagged; the operator's standard response is to limit one successful referral per household per quarter. If you have moved states or devices recently, contact support before redeeming a code.
Where to find a working referral code
The most reliable referral codes come from active players who play a meaningful number of contests per week. Fantasy community forums, Reddit's r/IndianFantasy, and Telegram channels focused on IPL team building are common sources. Avoid codes promoted by paid influencers - the headline benefit often requires a deposit threshold higher than the casual player meets, which means the credit never unlocks. The iplfantasynow editorial desk does not publish referral codes; we link only to the operator's official refer-a-friend page.
Tax treatment of referral earnings
Referral earnings are taxable as 'income from other sources' under Indian tax law. Operators do not deduct TDS on referral payments; the referrer is responsible for declaring the income in their ITR. For amounts above Rs 20,000 in a financial year from a single operator, the operator may issue Form 16A. Keep records of the date, amount and operator of each referral payout. The iplfantasynow desk does not provide tax advice; consult a chartered accountant for the specifics of your situation.