Demat Account Refer and Earn 2023

Demat Account Refer and Earn 2024 is an excellent way to earn from various trading platforms without having to trade and invest. Almost all popular online brokers offer Demat Account Refer and Earn programs. In this post, I will walk you through the ten best Demat Account Refer and Earn 2024 programs.

10 Best Demat Account Refer and Earn 2024

Zerodha

demat account refer and earn 2023

Apart from being India's most reliable online broker, Zerodha has a great demat account refer and earn program 2023. Zerodha demat account refer and earn program 2023 allows its users to earn 300 reward points per referral. You can find your referral link here: https://console.zerodha.com/refer. Once you have your referral link, you can share it through WhatsApp, Twitter, Facebook, or LinkedIn.

Whenever anyone signs up using your referral link, you will earn 10% of the brokerage fee one pays. You can use the 300 points you earn per referral to gain access to various Zerodha tools like Smallcase, Sensibull, and Streak.

Angel One

demat account refer and earn 2023

Angel One is another popular online demat account platform that offers its users a refer and earn program to earn some extra income. You can earn Angel One vouchers that you can redeem to get coupons for Amazon, BookMyShow, and Big Basket. However, it's essential to understand that you will get the rewards only after someone successfully joins Angel One using your link.

You can find your referral link in the Refer & Earn section of your Angel One account. After you get the link, you can share it through any channels. You can find your rewards by visiting the Referral Rewards section on your Refer & Earn page. The rewards will be added to your account within seven days when someone opens an account using your referral link.

Upstox

demat account refer and earn 2023

Upstox has a referral program for its users, wherein they can earn rewards by referring the platform to their friends and relatives. Each time someone joins, you will make some referral amount. However, the amount may vary from time to time.

To get your referral link, you will need to log into your Upstox account and head over to the Refer and Earn section. After that, you can enter the name and mobile number of the person you want to send a referral link to and click on Send Invite. Besides, you can share a link through WhatsApp and other apps.

Once someone opens an account with Upstox using your referral link, you will receive a reward amount within seven days. However, it's essential to bear in mind that after you share a referral link with someone, one must open an Upstox account through your link within 30 days.

Kotak Securities

demat account refer and earn 2023

Kotak Securities is a top-rated online broker and has many benefits for its users. The platform has a Refer & Earn program, which lets you earn upto ₹300 plus 10% brokerage sharing per referral. You will find your referral link in the Refer and Earn section after you log into your Kotak securities account.

Sharing your referral link with your friends and relatives is simple, and all you have to do is share it using various social apps, including WhatsApp, Telegram, LinkedIn, and Twitter. Once any of your friends open a Kotak Securities account, you will receive rewards to your account. However, you can only redeem your rewards once they reach ₹1000.

Groww

demat account refer and earn 2023

Groww has been a reliable online trading platform, and the platform has a referral program. However, Groww gives access to the program to selected users at the moment. If you are eligible for the program, you should see the ‘Share invite link' or ‘Invite via WhatsApp' in the Refer & earn section in your Groww account.

Once someone opens a Groww account using your referral account, ₹100 will be rewarded to your Groww account. However, you will need to activate a Stocks account to claim your reward.

ICICIDirect

demat account refer and earn 2023

ICICIDirect is a reliable full-service online broker with an excellent Refer & Earn program. The platform lets you earn additional income of ₹100 and 10% of brokerage sharing for a lifetime per referral. However, you will only be rewarded if the person you shared your referral with opens an ICICIDirect account using your link.

Creating your ICICIDirect referral link is simple, and you can generate your referral link by using your mobile number. Once you generate your referral link, you can share it with your friends and relatives through various social media apps. Besides, ICICIDirect offers users an all-new dashboard to track referral earnings.

5paisa

demat account refer and earn 2023

5paisa is a preferred trading and demat account platform for many retail traders and investors in India. 5paisa has entered the industry with the concept of flat brokerage fees and Super Saver Packs to lower brokerage charges. Besides, the platform lets you earn extra income of ₹250 and 12.5% brokerage for a lifetime on every referral.

To earn a referral, you will need to share your referral link with your friends, and they must open an account with 5paisa. You will find your referral link in the Refer & Earn section, which you can share through WhatsApp, Facebook, and other social media platforms. You will receive your rewards once someone opens a 5paisa account within ten days from the date of sharing the link.

Samco

demat account refer and earn 2023

Samco is a great discount broker, which allows you to earn additional income by referring the platform to your friends. You can earn discount vouchers worth ₹2000 plus 10% brokerage sharing for a lifetime for every referral.

You can generate a referral link in the Refer and Earn section. You can share your Samco referral link with your friends through Social media apps. As one signs up with Samco using your referral link, you will get the referral benefits within seven days.

m.Stock

demat account refer and earn 2023

m.Stock is a zero brokerage online broker, and like most other online brokers, m.Stock offers the option to refer and earn. m.Stock Refer and Earn program allows you to refer m. Stock's zero brokerage plan to your friends. Once someone signs up for them, m.Stock's zero brokerage plan of ₹999, you will receive a reward of ₹555.

There is no limit to earning with m. Stock's Refer and Earn. The best part is, once someone signs up for m. Stock's Zero brokerage plan, the reward will be credited to your account within 24 hours, which you can find in the Your Earnings section.

Nuvama Wealth

demat account refer and earn 2023

Nuvama Wealth, or Edelweiss, is one of the leading online brokers in India, and the platform allows users to earn extra income through its Refer and Earn program. Getting your Edelweiss referral link is as easy as entering your name, email and mobile number to get your referral link.

As you share your referral with a friend and one opens a Nuvama Wealth, you will receive shopping vouchers worth ₹500 for many leading services. Besides, you can earn more as your friends' accounts become value accounts.

You may also like: Demat Accounts for Long Term Investments.

Conclusion

I have walked you through the ten best demat accounts refer and earn programs 2023 and explained how they work. You can join one or more of these programs to make some extra income. Sharing the referral link is the same for all the platforms, and you can share it with your friends through any social media or messaging app. However, you will only get your rewards after someone opens an account with any of these platforms through your referral link.

Demat Account Refer and Earn 2023 FAQs

What is a Demat Account Refer and Earn program?

A Demat Account Refer and Earn program is a way to earn rewards or bonuses by referring friends and acquaintances to open a Demat account with an online trading platform.

How does Zerodha's Demat Account Refer and Earn program work in 2023?

Zerodha's program allows users to earn 300 reward points per referral. You receive 10% of the brokerage fee one pays when someone signs up using your referral link.

What kind of rewards can I earn through Angel One's Refer and Earn program?

Angel One offers vouchers that can be redeemed for coupons from Amazon, BookMyShow, and Big Basket when someone successfully joins the platform through your referral link.

How do I find my referral link on Angel One's platform?

You can find your referral link in the “Refer & Earn” section of your Angel One account.

What is the reward process for referrals on Upstox?

When someone opens an account with Upstox using your referral link, you will receive a reward amount within seven days. It's important to note that they must open an account within 30 days of receiving the referral link.

How much can I earn through Kotak Securities' Refer & Earn program?

Kotak Securities' program offers rewards of up to ₹300 plus 10% brokerage sharing per referral. You can redeem your rewards once they reach ₹1000.

Is the Groww referral program available to all users?

The Groww referral program is currently available to selected users. If you are eligible, you will see the option to share your invite link in the “Refer & earn” section of your Groww account.

What is the reward for referring someone to ICICIDirect?

ICICIDirect offers an additional income of ₹100 and 10% of brokerage sharing for a lifetime per referral. You will only be rewarded if the person you referred opens an ICICIDirect account using your link.

How can I track my referral earnings on ICICIDirect?

ICICIDirect offers users an all-new dashboard to track referral earnings, making it easy to monitor your rewards.

What is the reward for referring friends to me? Stock's zero brokerage plan?

When someone signs up for m. Stock's zero brokerage plan of ₹999 through your referral link, you will receive a reward of ₹555. The reward is credited to your account within 24 hours.
Please note that the details of these programs may change, so it's advisable to check the respective platform's terms and conditions for the most up-to-date information.

Please note that the details of these programs may change, so it's advisable to check the respective platform's terms and conditions for the most up-to-date information.

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