Stop! Before you enter any code like QSTLNO, read this. Use of misleading Youtube videos has made people believe they will get ₹250 free cash just by typing a code.
I hate to burst the bubble, but that gives you false hope. I looked into how the capital now loan promo code system really works, and the reality is different from the hype. Here is what you need to know to actually save money.
Does the Code QSTLNO Work?
It is just a Referral Code. Many YouTubers promote QSTLNO or similar codes because they make money when you use it. Here is the catch: You don’t get ₹250 just for installing the app. You actually have to take a loan first. The Truth is that the cashback only comes after your loan is approved and money is in your account. So essentially, it’s a small discount, not free cash.
How I Actually Saved Money
Since the “Free Cash” thing is mostly marketing hype, I found a better way to save on the processing fee.
1. The “First Loan” Notification
Capital Now sometimes gives 50% off to new users, but they don’t advertise it openly.
Here is what I did: I downloaded the app and registered, but didn’t apply immediately. A few hours later, I checked the “Offers” section inside the app, and there was a “Welcome Offer” banner waiting for me. Clicking that saved me more money than any code. If you don’t find that offer, you might want to check Money View (WIZIZN4M) which usually has a working code.
2. Referral (The Honest Way)
If you have a friend who uses Capital Now, ask for their code. This helps your friend get a small bonus, and sometimes gives you a small cashback that gets adjusted against your repayment.
How to Apply the Code (Without Messing Up)
It is simple but easy to miss. Just download the app and sign up with your number. When you are filling in your details, keep an eye out for a field that says “Enter Referral/Promo Code”. Put your friend’s code there. You can try QSTLNO, but like I said, don’t expect magic.
High Interest Warning (Brotherly Advice)
Capital Now is a valid app (Goldenline Finance NBFC), but check the cost because it is high. The APR can be 36% per year, and loans are usually short-term (60-90 days). My personal rule is that I only recommend this for “Small Ticket” loans (like ₹3,000 to ₹5,000). For larger amounts, banks are better.
Frequently Asked Questions
Q: Will I get ₹250 in my bank immediately after entering the code?
My View:No. You get rewards only after you successfully take a loan and repay the first EMI. Don’t fall for “Instant Cash” tricks.
Q: Is Capital Now safe?
My View: Yes, it is RBI registered. But “Safe” doesn’t mean “Cheap”. Their interest rates are high.
Conclusion
Don’t use Capital Now just to get a “₹250 Bonus”. It’s not worth the high interest you will pay. Use it only if you genuinely need a loan. For a safer experience, check out Ring Loan which has lower fees.
If you want a cheaper loan with a Verified Discount, try Money View (WIZIZN4M) instead.
मैं दिनेश नाम से जाना जाता हूं और मुझे बैंकिंग उद्योग से गहरा लगाव है। इसके अतिरिक्त, मेरे पास एचडीएफसी बैंक में loan जारी करने का 3 साल का अनुभव है।
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