1. Offer
1.1. Under the Offer, Cardholders earn cashback on purchases made with the Roarbank Card and converted to EMI in the Roarbank app, subject to these Terms and Conditions.
2. Offer period
2.1. The Offer is valid from 8th October 2026 to 31st October 2026 ("Offer Period").
2.2. Both the purchase and its conversion to EMI must be completed within the Offer Period.
3. Eligibility
3.1. The Offer is available to Cardholders who are eligible for transaction EMI conversion in the Roarbank app.
3.2. No registration is required. Eligible Cardholders are enrolled automatically.
4. Qualifying transactions
4.1. A transaction qualifies for cashback only if all of the following conditions are met:
- the purchase is made with the Roarbank Card during the Offer Period;
- the purchase is converted to EMI through the transaction EMI feature in the Roarbank app (EMI → Eligible Transactions → Convert to EMI) during the Offer Period;
- the EMI tenure selected is 9 months or more.
4.2. There is no minimum transaction amount.
5. Cashback
5.1. Cashback is calculated as a percentage of the purchase amount converted to EMI:
| EMI tenure | Cashback |
|---|
| 12 months or more | 5% |
| 9-11 months | 3% |
| less than 9 months | Not eligible |
5.2. Cashback is not capped per transaction or per Cardholder.
5.3. Cashback is credited once for each qualifying EMI conversion, after the conversion is confirmed.
5.4. Each purchase must be converted to EMI separately and earns cashback separately. Converting several purchases or the total outstanding together is treated as a Balance-to-EMI conversion and is not eligible (see Clause 6.1(b)).
6. Excluded transactions
6.1. The following transactions are not eligible for cashback:
- EMIs created at the merchant's checkout, including Merchant EMI, Brand EMI and No-Cost EMI;
- Balance-to-EMI conversions;
- cash withdrawals and money transfers;
- fees, charges and other non-purchase transactions;
- purchases or EMI conversions made outside the Offer Period;
- purchases at merchants with the following merchant category codes (MCC):
| MCC | Category |
|---|
| 5541 | Service Stations |
| 5542 | Automated Fuel Dispensers |
| 5983 | Fuel Dealers: Coal, Fuel Oil, Wood |
| 8211 | Schools, Elementary and Secondary |
| 8220 | Colleges, Universities, Professional Schools and Junior Colleges |
| 8241 | Correspondence Schools |
| 8244 | Business and Secretarial Schools |
| 8249 | Trade and Vocational Schools |
| 8299 | Schools and Educational Services, not elsewhere classified |
| 6300 | Insurance Sales, Underwriting and Premiums |
| 6529 | Remote Stored Value Load – Financial Institution |
| 4784 | Bridge and Road Fees, Tolls |
| 9311 | Tax Payments |
| 9399 | Government Services, not elsewhere classified |
| 9402 | Postal Services – Government Only |
| 9222 | Fines |
| 4111 | Local and Suburban Commuter Passenger Transportation |
| 4112 | Passenger Railways |
| 6012 | Financial Institutions – Merchandise and Services |
| 7276 | Tax Preparation Services |
| 7299 | Other Services, not elsewhere classified |
6.2. Merchant category is determined by the MCC assigned by the merchant's acquiring bank. The Bank is not responsible for the MCC assigned to a merchant.
7. Interaction with regular cashback
7.1. If a qualifying transaction is also eligible for regular Roarbank cashback, the Cardholder receives the higher of the two amounts, not both.
7.2. If regular cashback has already been credited for the transaction, the Bank credits only the difference needed to match the Offer cashback.
8. Reversal of cashback
8.1. Cashback will be reversed if:
- the purchase is returned, refunded (in full or in part), disputed or reversed; or
- the EMI is foreclosed before the end of its tenure.
8.2. Reversal of cashback is carried out in accordance with the Roarbank Card MITC.
9. General
9.1. The Bank may withhold or reverse cashback if it reasonably suspects misuse or fraudulent activity in connection with the Offer.
9.2. The Bank reserves the right to modify, extend, suspend or withdraw the Offer at any time in accordance with applicable laws and regulations.
9.3. These Terms and Conditions are in addition to the Roarbank Card MITC and Cardholder Agreement. In case of any conflict, these Terms and Conditions prevail for matters relating to the Offer.
