Referral programs can be powerful and simple: you introduce someone you trust to a product you trust, they sign up, and both of you get rewarded. BHIVE’s referral initiative which is  commonly called BHIVE Refer & Win Program is built on that idea but with a formal structure, eligibility rules and published payout mechanics.

This guide focuses on facts and process: what the payouts actually are, timelines for reward payment, how Members and Champions differ, the legal/tax considerations, and concrete ways to use the program as a side hustle. All program specifics below are taken from BHIVE’s published referral policy, terms and program pages so you can act on accurate, current rules.  

What is the BHIVE Refer & Win Program? 

BHIVE Refer & Win is a two-track referral program. When a new customer (the referee) signs a Membership Services Agreement with BHIVE because of a valid referral submission, the referee receives a discount on their early invoices and the referrer receives a monetary reward or credit.

If the referrer is an active BHIVE Member, the referrer generally receives a reward equal to 50% of the referee’s one full-month membership fee. This is typically issued as a credit note or cashback and is subject to taxes. If the referrer is a Champion (a non-member referrer category), the referrer receives 25% of the referee’s one full-month membership fee as a cash reward.

All rewards are subject to the program’s eligibility conditions including minimum contract/lock-in requirements and applicable taxes. These mechanics and exact timing are stated in BHIVE’s official referral policy.  

Refer Now 

How the Payout Structure Actually Works? 

Reward values (gross, before taxes): 

• If the referrer is an active BHIVE Member, the referrer may be eligible for a reward equal to 50% of the referee’s one full-month membership fee. The reward can be issued as a credit note against your BHIVE account or as cashback. The policy clarifies both options and ties the timing of the credit to the month in which BHIVE provides the referee’s discount.  
• If the referrer is a Champion Referrer (non-member referrer track), the referrer may be eligible for a reward equal to 25% of the referee’s one full-month membership fee, paid as a cash reward, subject to statutory tax deductions.  

Referee discounts (what the new customer receives): 

• If the referee was referred by a BHIVE Member, the referee is eligible for 50% off on one month membership fee (applied to an early invoice as per the policy mechanics).
• If referred by a Champion, the referee is eligible for 25% off on one full-month membership fee.  

Lock-in / minimum contract conditions: 

Rewards are tied to contractual conditions. BHIVE’s policy requires that the referee executes a Membership Services Agreement, and, for full rewards, the agreement typically carries a minimum lock-in period.

The policy refers to illustrations based on a 12-month lock-in and allows pro-rata rewards when lock-in is shorter. In short: the larger the contract and the longer the lock-in, the safer the reward eligibility and the policy contains annexures showing pro-rata calculations when shorter lock-ins apply. 

Timing of payment /credit: 

The reward for the referrer is processed in the same month the referee is provided their equivalent discount. Practically, that means BHIVE will confirm the referee’s membership and invoice clearance milestones, then process the referrer’s reward (subject to clearance of any past/pending dues).

The formal terms also state that the referrer’s reward will be issued after certain invoice/tenure milestones are met and rewards are subject to statutory tax deductions (TDS) where applicable.

An earlier BHIVE summary and terms page also indicate the referrer becomes eligible after the referee completes the initial tenure milestone (for example, after 90 days in some older guidance), so always cross-check the latest published T&Cs before you refer.  

Multiple referrers and tie-breaking: 

If more than one person refers the same prospective customer, BHIVE uses the first valid referral submission or, in the event of simultaneous submissions, may consult the referee to identify the eligible referrer. BHIVE’s decision is final in such cases.  

What is BHIVE Refer & Win for Members?

If you already rent a seat or office at BHIVE, the Member route is likely your best option for higher value rewards. Members act as internal advocates: they know the space, can speak from first-hand experience, and under BHIVE’s policy, members qualify for the higher 50% reward on the referee’s one full-month fee. 

Refer As A BHIVE Member 

Key points for members: 

You must be an active BHIVE Member at the time the reward is processed. If you owe BHIVE money or your account is not in good standing, the policy can prevent reward issuance until dues are cleared.  

The reward is typically issued as a credit note (which reduces your future invoice) or as cashback depending on the internal rules and whether you’re member personnel, the policy spells out both cases. That makes the Member track useful for companies that want to cut operating costs rather than take immediate cash.  

If you refer a larger contract (for example, several seats or a managed office with a longer lock-in), BHIVE’s annexures show how pro-rata or scaled rewards may apply. Larger referrals can mean larger absolute rewards because the payout is a percentage of one month’s fees.  

Practical implication for Members: the program is ideal if you want to reduce your company’s workspace cost (credit against invoices) rather than take small cash amounts repeatedly. It’s also a low-effort way to monetise genuine introductions because BHIVE handles the sale and onboarding.  

What is BHIVE Refer & Win for Champions?

The Champion track is BHIVE’s non-member referrer channel. Champions are people outside the tenant base like freelancers, ex-employees, ecosystem partners, consultants, or anyone with a relevant contact list. The Champion track is designed to lower the barrier to participation: you do not need to be a BHIVE tenant to earn. 

Refer As A Non-BHIVE Member 

Key mechanics for Champions: 

Champions receive 25% of the referee’s one full-month membership fee as a cash reward (subject to TDS and applicable taxes). The referee in this case receives a 25% discount on their one full-month invoice. This makes Champions a clean cash-based route for those who want direct payouts instead of invoice credits.  

The payment timing follows BHIVE’s policies: reward is issued at the end of the month in which BHIVE grants the referee their discount, again subject to verification and tax requirements. Keep digital records: BHIVE’s submission portal generates a referral code and an email trail that you should preserve for follow-up.  

Practical implication for Champions: use this track if you regularly meet startups, founders, HR leads or operations managers and want a straightforward cash reward without being a tenant. 

Concrete numeric examples 

Below are simple, correct arithmetic examples that show gross payouts before TDS or other deductions. The numbers are illustrative and assume the referee’s first full-month membership fee equals the stated amount. 

Example 1 – Member referrer, referee one month ₹50,000

One month fee = ₹50,000. Fifty percent of ₹50,000 equals ₹25,000. That means as a BHIVE Member referrer you are eligible for ₹25,000 (issued as credit or cashback as per the policy), subject to TDS and the program’s timing rules. Calculation: 50,000 × 50% = 25,000. 

Example 2 – Champion referrer, referee first month ₹50,000

One month fee = ₹50,000. Twenty-five percent of ₹50,000 equals ₹12,500. That means a Champion referrer would receive ₹12,500 cash (gross), subject to TDS and verifications. Calculation: 50,000 × 25% = 12,500.  

Example 3 – Larger contract, pro-rata scenarios

If the referee signs a short lock-in (for example, a 3-month plan) the reward may be proportionally reduced. BHIVE’s policy contains annexures showing pro-rata examples. Consult the annexures if your referee’s contract deviates from the 12-month baseline. Always check the exact line items like security deposit and ancillary charges are excluded from the reward base.  

Conclusion  

The BHIVE Refer & Win Program is not a get-rich-quick scheme; it’s a structured referral channel with clear rules and measurable payouts. If you want to earn a reliable side income or reduce your company’s workspace bills, follow the facts: pick the right referral track (Member or Champion), qualify prospects before you submit them, and keep accurate records.

When you make introductions that genuinely help people find a better place to work, the rewards follow and BHIVE’s formal policy shows exactly how that happens.  

Ready to refer? Visit BHIVE’s Refer & Win page on the official website to submit your referral. 

Frequently Asked Questions