Challenge Agreement — Funded Note

What you agree when you buy

You are buying access to a simulated skill evaluation — not brokerage, tips, or investment advice.
Challenge fee starts evaluation access; once the account is created the fee is generally non-refundable (see exceptions in Refund Policy).
The rulebook version at purchase stays locked for that challenge.
You must be 18+ and use accurate identity details (one person / one PAN).
Rule violations (e.g. cross-account hedging, copy trading, news trading) can end the account without refund. If 3+ traders execute the same instrument buy/sell at the same time, accounts fail with a clear on-screen reason.

Full Terms → · Official Rulebook → · Refund Policy →

When payouts are paid vs held

Usually paid	Funded phase · min 2.5% gross profit · Monday & Tuesday (IST) request only (other days locked) · no open positions · identity/UPI details complete · automated compliance clear · UPI usually within 24h after approval
May be delayed / held	Open investigation for hedging, shared accounts, or other rule flags · incomplete PAN/UPI · pending review · written update provided
May be rejected	Confirmed rule breach · failed identity checks · ineligible account status · duplicate / abusive requests

Payouts are performance rewards from company revenue — not client money or exchange settlements. Details: Terms § Payouts.

Business identity: Funded Note is an educational digital skill-evaluation service operated in India by Jahidul Islam Sk (sole proprietorship / individual operator). Not a SEBI-registered broker, investment advisor, or research analyst. No real exchange orders are placed for users. Support: support@fundednote.in · About / identity → · Legal hub →

Challenge agreement & payouts

What you agree when you buy

When payouts are paid vs held

Start from ₹200. Prove it on Nifty.