How is the compensation for claims calculated?

Modified on Wed, 30 Mar, 2022 at 6:04 PM

The total compensation for a successful claim will be 120% of the price difference calculated. You should know that each claim is eligible for a maximum compensation of 5000 NeuCoins. 


This table will help make things clearer:

 

A.Price of item on Tata Neu/tatadigital.com1000
B. Cashback/NeuCoins earned (5%)50
C.Net price 950
D.Price of same item in competitor site500
EDifference450
F.Compensation multiplier 120% or 1.2X
GCompensation awarded540
H.Final compensation amount540 NeuCoins

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