Instarem’s ‘IN500’ Promotion – Terms & Conditions

*Terms and conditions


Instarem’s IN500 promotion (“Promotion”) is brought to you by (NIUM Pte Ltd, the parent company of NIUM subsidiaries globally –


Please read these terms and conditions before participating in this Promotion.


By participating in this Promotion, you, as a Participant, and all the Participant(s) agree to be bound by these terms and conditions, and you satisfy all eligibility requirements as provided below.


Who can be a Participant in this Promotion?

  • To participate in this Promotion, you must have a registered and approved Instarem Individual account.
  • This Promotion is applicable to  the residents of the India only.
  • The promotion is applicable for existing users only.
  • This promo code can be used only once per user for your transfer made after completing the onboarding process.


How to participate in the Promotion?

  • Log into Instarem and complete your ID verification process
  • Set up a transaction from India to any of Instarem’s receiving corridors available on Instarem’s website or mobile app. 
  • Use the promo code IN500 to avail a bonus on your next transfer.
  • Complete your video verification process for the transaction to be successful.



Promotion period

  • This offer is valid from Thursday, October 19, 2023, until Wednesday, January 31, 2024.


Promotion gratification

  • Offer valid only on your next Instarem transfer of a minimum amount 25,000 INR.
  • In case the transaction is cancelled and returned, you will receive a refund for the same amount that you paid towards that transaction.


Promotion exclusions

  • Instarem employees are not eligible to participate in this Promotion.
  • This Promotion is not applicable for corporate clients.
  • This Promotion is in no way sponsored, endorsed or administered by or associated with any social media platform.
  • Failure to comply with any of these terms and conditions may result in the disqualification of entry in the Promotion.


Other terms

  • All transfers need to be within Instarem’s policies and regulatory requirements. Please refer to our FAQs for more information:
  • Instarem expressly reserves the right, at any time and without prior notice, to add and/or alter, modify, change or vary all or in part, this Promotion, or to cancel the Promotion altogether without any prior notice.



Nium Forex India Pvt. Ltd. is licensed by the Reserve Bank of India as a Category-II Authorised Money Exchange Dealer (AD II).

Instarem is a brand operated by Nium Forex and provides international money transfers to customers in India.