Funders can contribute from a minimum of INR 100 to a maximum of INR 10 LAKHS in a single contribution for a crowdfunding campaign on Fueladream platform.
Fueladream charges are as follows for a campaign owner: Effective from March 11, 2022
These are for "normal campaigns" (scroll down for group campaigns and crowd favourite pricing).
Advance processing charges: INR 3000 plus GST (18%) per campaign. This is a non-refundable charge.
Contract charge: 6% of the total amount collected in the course of a campaign is charged to you. This is for both-Keep what you get (KWYG) campaigns and All or nothing (AON) campaigns.
However if a project is an All or nothing (AON) campaign that does not reach its goal then all the money collected is returned to the funders. Currently there are no fees charged in such a situation. If it's a Keep what you get (KWYG) campaign the 6% contract charge is charged irrespective of amount funded.
Payment processing charges: 3% of the total amount collected in the course of a campaign will be charged as a reimbursement of our payment processing costs.
"Group Campaign" charges are (These campaigns are group campaigns done by schools, colleges, corporates and other groups of individuals to raise funds for social, charity and health related causes ).
Advance processing charge: INR 3000 is waived off.
Contract charge: 9% of the total amount collected in the course of a campaign is charged to you. This is for both-Keep what you get (KWYG) campaigns and All or nothing (AON) campaigns.
However if a project is an All or nothing (AON) campaign that does not reach its goal then all the money collected is returned to the funders. Currently there are no fees charged in such a situation. If it's a Keep what you get (KWYG) campaign the 9% contract charge is charged irrespective of amount funded.
Payment processing charges: 3% of the total amount collected in the course of a campaign will be charged as a reimbursement of our payment processing costs.
"Medical Emergency, Critical Illness, Death and Personal Tragedy" charges are listed below. (These campaigns are for individuals raising funds for themselves or for their dear ones/office colleagues/friends/relatives etc for the above-said situations).
Advance processing charges: INR 3000 is waived off.
Contract charge: 4% of the total amount collected in the course of a campaign is charged to you.
Payment processing charges: 3% of the total amount collected in the course of a campaign will be charged as a reimbursement of our payment processing costs.
Click
here for Crowdfavourite pricing.
FAQs
GST: The government charges a GST of 18% on all services provided. That on a 6% contract charge and a 3% payment processing charge will add up to approximately 1.62 % extra. For group campaigns on a 9% contract charge and 3% payment processing charge it adds up to approximately 2.16% extra.
Advance processing charges: We check campaigns to ensure that they adhere to our rules and norms. We also do an internal risk assessment to ensure you or your organisation comply with any or all corporate governance rules. This fee is towards these activities and is paid before a campaign goes live.
Additional charges: If there are any other expenses incurred for a campaign related to creating special content (videos etc), hiring an external PR agency or spending on advertising (online or offline) or any other direct expenses for the campaign, etc, then all such expenses will be pre-agreed to prior to the campaign by the two parties and will be reimbursed by the Campaign owner to Fueladream on a pre-agreed for basis.
