Knock-Out Rapid Chess Championship

Prizes

Prize Money-

Round	Prize	Players	Prize Money
Champion	1,00,000	1	100000
Final Looser	50,000	1	50000
Semi Final Loser	30,000	2	60000
QF Looser	16,000	4	64000
Round 3	10,000	8	80000
Round 2	5,000	16	80000
Round 1	2,500	32	80000
Total			514000

If 25min. Games end in a draw(1-1) then loser of the match will get 10% of the difference of the prize money of that round from the winners prize Money and so on.
- For stage 2 loser will get 15% (10Min. Games)
- For stage 3 Loser will get 20% ( 5 Min. Games)
- For stage 4 Loser will get 25% (6-5 Min. Game)