Understanding Our Wallet Policy – No Cash Withdrawals, Only Exam Credits
At ScholarSaathi.com, a unit of Earth of World Foundation (CIN: U85499BR2025NPL075574), we are committed to supporting students transparently and legally. To maintain integrity and compliance with Section 8 (non-profit) regulations, our Scholar Wallet operates on a clear and accountable principle:
No cash withdrawals. Only educational credits can be used for future exam applications.
📆 What Is the Scholar Wallet?
- A digital wallet on ScholarSaathi.com linked to each student’s profile
- Tracks rewards earned via referrals, exam performance, or participation
- Enables wallet credits to be used for future exam registrations only
❌ Why No Cash Withdrawal?
As a legally registered NGO with 80G and 12A status:
- We cannot disburse cash rewards to maintain legal compliance
- All benefits must be used for educational purposes only
- This ensures full transparency and protects student interests
✅ What Can Students Do With Wallet Credits?
- Use credits to re-enroll in future scholarship exams
- Apply for mock tests or practice modules
- Participate in premium mentorship programs (if offered)
Wallet credits = learning opportunity, not financial transaction
ℹ️ Key Terms of Wallet Use
- Credits cannot be transferred or exchanged for money
- Wallet balance is only valid on ScholarSaathi.com
- Expiry date and usage limits may apply as per terms shown on your dashboard
- Wallet activity is recorded and available for user review anytime
✨ Final Thought
Our wallet policy is designed to empower students through education, not financial incentives. It keeps our mission transparent, legally sound, and focused on what matters most—student learning and growth.