Why does the PRC rate change?

Paras Reward uses a sustainability-anchored rate model. When more PRC is mined and circulated, the rate slowly adjusts to prevent inflation. When more users redeem PRC to INR, the rate stabilizes. This keeps the economy healthy and rewards long-term holders.

How do I convert my PRC into actual cash (INR)?

Inside the Paras Reward app: (1) Verify your KYC, (2) Open Bank Redeem, (3) Enter the PRC amount, (4) Confirm with your security PIN. The INR amount is credited directly to your registered bank account via UPI/IMPS, typically within minutes.

Is there a minimum amount of PRC required to redeem to INR?

Yes. Minimum redeem and processing fees are applied as per the current platform policy. Check the Bank Redeem screen inside the app for the latest minimum (typically ₹100-500 worth of PRC) and applicable fees.

Can I get a better rate by holding PRC longer?

PRC rate is platform-wide and does not depend on individual holding period. However, holding PRC means you participate in the network economy — if you redeem during high-demand periods, the effective value may be better. Decide based on your personal cash needs.

Are there taxes on PRC redemption in India?

PRC earnings redeemed to INR are treated as 'income from other sources' for Indian tax purposes. Users should consult a CA for personal tax advice. Paras Reward provides annual statements for tax filing on request.

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PRC to INR Converter

Convert Paras Reward Coin (PRC) to Indian Rupees (₹INR) instantly. See exactly how much your mining earnings are worth in real cash.

PRC Amount

Equivalent Value

₹100

1,000 PRC × ₹0.1 (demo rate)

Demo rate shown. The actual PRC→INR rate is dynamic and may differ inside the app. Always check the live rate on the Bank Redeem screen before transacting.

What is PRC (Paras Reward Coin)?

PRC is the native reward currency of the Paras Reward platform. It's earned through daily mining (single-leg network algorithm), referrals, mobile recharge cashback, bill payment cashback, and community engagement. Every PRC has a transparent INR conversion rate, making your virtual rewards instantly cashable.

Unlike cryptocurrencies, PRC is a centralized reward tokenbacked by the Paras Reward platform's revenue from subscription plans, peer-to-peer Sale Subscriptions, and service partnerships. The rate is stabilized via a sustainability-anchored model that prevents inflation as the user base grows.

PRC Conversion Table (Demo Rate ₹0.10)

PRC Amount	INR Value (₹)	Use Case
100 PRC	₹10	Small recharge
1,000 PRC	₹100	Mobile + DTH
5,000 PRC	₹500	Weekly groceries
10,000 PRC	₹1,000	Electricity bill
50,000 PRC	₹5,000	Monthly utilities
1,00,000 PRC	₹10,000	Phone purchase

How to Redeem PRC for Cash — 4 Steps

1

Complete KYC verification

PAN-only KYC via Aadhaar OTP — takes 2 minutes. Required for all bank withdrawals per RBI rules.

2

Open the Bank Redeem screen

Inside the Paras Reward app, tap "Bank Redeem" from the dashboard.

3

Enter your PRC amount

See live INR equivalent + applicable fees. Confirm with your 6-digit security PIN.

4

Receive cash within minutes

INR is credited directly via UPI or IMPS to your registered bank account. Get notification + receipt.

Frequently Asked Questions

PRC (Paras Reward Coin) has a dynamic INR conversion rate that updates daily based on platform economy, total mined PRC supply, and active user demand. As of this calculator, the demo rate shown is ₹0.10 per PRC, but the actual rate inside the app may differ — always check the live rate before redeeming.

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