Is NoBroker a good company?

Is NoBroker a good company?

Nobroker is a very good company, we can make money as monthly incentives and weekly, It’s a very good place to work, we have to work in different teams on daily basis and if we achieve company targets we can easily earn incentives but it depends on the team you work.

Does NoBroker refund money?

As far as I know, you can get a refund if you are not able to find a suitable rental house through NoBroker only if you have bought their MoneyBack Plan. This plan gives you a 100% refund if NoBroker fails to find you a suitable house.

Is NoBroker rent safe?

All transactions are encrypted, and all your financial details are not stored on NoBroker Pay. This makes every transaction safe. If you pay your monthly rent using credit cards through NoBroker, then you also get to save money as you earn reward points, air miles, or cashback on your transaction.

Is NoBroker a loss?

Online real-estate rental startup NoBroker reported a sharp 48% increase in losses in the financial year 2019 at Rs 46.5 crore against Rs 31.3 crore the previous year, documents filed with the Registrar of Companies and accessed from business intelligence platform Tofler show.

Is NoBroker profitable?

The company also earns fees on lead generation services provided to real estate developers which grew by 128.6% to Rs 3.2 crore during FY20. Understandably, Nobroker’s income from financial assets surged 4.5X from Rs 3.6 crore in FY19 to a little over Rs 16 crore during FY20.

How do I use NoBroker for free?

You can get the free contacts on NoBroker website by following the steps below:

1. Download the NoBroker app from the Google Play Store or the App Store.
2. Register using your contact number/email id and OTP will be sent on your phone.
3. Search for the properties on the app.
4. Hit ‘get owner details’ for the shortlisted properties.

How do I close my NoBroker account?

A) Go to the official NoBroker website and ask their chat support to delete the account. B) Send an e-mail to the NoBroker team ([email protected]) and request them to delete the account along with the reason.

How do I complain to NoBroker?

How to file a Complaint against Nobroker?

1. Go to “File a Complaint” form.
2. Choose Nobroker and write your complaint in detail.
3. Get refund / replacement / damages from Nobroker.

How do you use the NoBroker app?

All it takes is 5 minutes and you will be able to pay rent with your credit card. Visit NoBroker Rent Pay, enter your detail in the form provided. Once your account is created you will need to fill in your rent amount and your landlord’s bank account information. This information needs to be filled in only ONCE.

How do I claim a refund from NoBroker?

You can contact the NoBroker customer service team. You can contact them by using the chat option in the app. Share all the details about your problem, the NoBroker team will resolve your issue. You can also write a mail to [email protected].

What is NoBroker rent payment?

NoBroker Pay allows you to pay your house rent using a range of payment options like Credit Cards, Debit Cards, E-Wallets etc. By using your card on NoBroker Pay, you stand to earn cashback and/or reward points based on your card’s reward schemes.

What are the charges in NoBroker?

NoBroker charges 1% of the monthly rent paid as transaction charges. So, on a monthly rent of ₹20,000, you will end up paying ₹200 extra. RentPay charges ₹39 plus GST for every ₹10,000 of rent paid. For a rent of ₹20,000, you will end up paying ₹78 plus GST.

Who owns NoBroker?

A banking & finance veteran with over 15 years of experience in management consulting and strategy, Amit Kumar Agarwal is the Co-founder and CEO of NoBroker.com, the world’s largest peer-to-peer real estate portal.

Is NoBroker a unicorn company?

This has become quite a news, raising $210 mn in Series E funding is a huge deal. I came across many news pieces that mentioned NoBroker as India’s first proptech unicorn.

Who are the competitors of NoBroker?

in’s top 5 competitors in April 2022 are: housing.com, magicbricks.com, 99acres.com, commonfloor.com, and more.

Is 99acres profitable?

The company posted over 63% fall in consolidated net profit at INR 119 Cr for Q4 FY20, as against a net profit of INR 325.2 Cr in Q4 FY19. Its consolidated income from operations increased 7.8% to INR 327.5 Cr in Q4 FY20 from INR 303.8 Cr in Q4 FY19.

Is Magicbricks profitable?

While last year, the company recorded a loss of INR 7.89 Cr, this year, it has managed to turn a slim profit of INR 4.47 Cr before tax. And with deferred tax listed down as an asset and added to the EBITDA, the company has reported an overall profit of INR 49.63 Cr.