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India had to settle for third spot behind England in the Test team rankings after the latter managed to salvage a draw in the final Test against New Zealand in Auckland on Tuesday.
-India v Aus: The six degrees of separation
India not only needed to win the Delhi Test but also had to hope for a New Zealand victory in the Auckland Test.
India could have earned $ 350,000 if New Zealand won the series 1-0, as they would have finished second in the rankings table at the cut-off date of April 1.
-Prior leads England to series-saving NZ draw
India, for finishing third, will now have to settle for $ 250,000 while Australia will bag $ 150,000 for being fourth.
India, for their 4-0 whitewash of the Australians, gained seven ranking points to finish the season on 112.
While England lost four points after all their three Tests against the Kiwis ended in a draw.
South Africa, with 128 points, have already sealed its position as the No. 1 ranked Test side at the cut-off date and have been assured of a reward of $ 450,000.