Refer and Earn Offer | 5paisa (2024)

Refer your friends to 5paisa and boost your earnings.

Generate personalized referral link & share with your friends

Enter Client Code

Refer and Earn Offer | 5paisa (1)

What you get when your friend
opens 5paisa account?

Get ₹250* Referral Credit


*T&C Apply

Transparency Matters! Here're some key terms & conditions

  • Unique Referral Link & Code: It's crucial that the referee opens the account exclusively through your provided referral link. Your referral link contains your unique referral code. You can also use your Client Code as your Referral Code. If any other link is used during account creation or the referee clicks on any other promotional link available online, their account won't be linked to the referrer, and referral rewards won't apply.
  • Exclusion of Existing Clients: Referral rewards won't be applicable if the details of the referred client already exist in the 5paisa database as an existing client or as a lead client. Such accounts will be excluded from the calculation of referral rewards.
  • Referee's Account Opening: To be eligible for referral benefits, the referee must open their 5paisa account within 90 days from the date of referral using your unique referral link. Referrals outside this timeframe won't be eligible.
  • Reward Credit & Brokerage Sharing: Upon successful referral, your referral rewards will be credited to your Ledger Account. You can easily withdraw this amount as per your convenience.
  • TDS Deduction: A 5%, 10% or 20% Tax Deducted at Source (TDS) as applicable will be deducted from the referral fees.
  • Referrals Limit: This offer is valid for the first 20 referrals in a month. Any referrals beyond this limit in a month won't qualify for rewards.
  • Management Rights: The management reserves the right to modify, amend, or terminate this scheme without prior notice.
  • For Detailed Information: For a comprehensive understanding of the terms and conditions governing the Refer & Earn offer, kindly refer to the complete

Start Earning In 4 Easy Steps

Share your unique referral link

Your friend opens account successfully using your referral link

You get ₹250/- FREE Credit

You can withdraw free credit into your bank account anytime

Frequently Asked Questions

What is Refer and Earn at 5paisa?

The 5paisa Refer & Earn program is an exciting opportunity for traders and investors to invite their friends and family to join our exceptional platform and reap fantastic rewards.

Ready to get started? Open a Demat account with 5paisa today and begin referring!

Who is the referrer?

A referrer is a 5paisa customer who refers their friends or family to open a Demat account using their unique referral link or code.

Who is the referee?

The referee is a customer who opens a Demat account with 5paisa by using the referral code shared by the referrer.

Why Open a Demat account with 5paisa?

With 5paisa's user-friendly app, you can effortlessly open a free Demat account from the comfort of your home, as all transactions are paperless. Not only do we offer the best free Demat account in the market, but our simple interface makes trading easy. Plus, you'll receive regular updates on the hottest investment opportunities available in the market.

Earning through our Refer & Earn scheme is a breeze in four simple steps:

  • Share your unique referral link with friends.

  • Your friend opens an account using your referral link.

  • You receive an account opening payout in your ledger account.

  • You can withdraw the amount anytime in your bank account.

Where will I find my referral link/code?

Here's how to access your referral link or code:

  • Log in to your 5paisa mobile application.

  • Click on the user icon in the bottom right corner of the navigation pane.

  • Select the "Refer & Earn" section to open your refer and earn page.

  • Your referral code can be found in the bottom left corner. You can easily share your referral link with WhatsApp contacts by clicking on the WhatsApp icon. You can also share it on Telegram, Facebook, and other popular applications right from the referral page.

  • You can also find your unique referral link by logging in into the Referral Dashboard. https://refer.5paisa.com. You can login using your 5paisa credentials.

What reward will I get when I refer my friend to open a Demat account with 5paisa?

You'll receive an account opening payout for each successful referral.

Will my friend earn rewards on a successful account opening?

No, rewards are exclusively for referrers.

When will I be eligible for referral benefits?

You'll be eligible for benefits if the referee's account is opened within 90 days from the referral date or the lead creation date.

What is the referral date or the lead creation date?

The referral date or the lead creation date is the date when a referee begins the account opening process for the first time.

Where will I see my free credits?

Your Free Credit will be deposited in your Ledger account within 3 to 5 days of successful account activation by your referee. You can withdraw this amount anytime.

Are there any age criteria for referring someone?

No, there is no specific age criteria for referring someone. Anyone with a 5paisa Demat account is eligible to participate in the Refer & Earn program.

Is there any number limit for the referral?

Yes, Refer & Earn offer is valid for the first 20 referrals monthly you make after opening your 5paisa account. Any referrals beyond this limit in a particular month won't qualify for rewards.

Where can I reach out if I have doubts about the referral program?

If you have any doubts or need further assistance regarding the Refer & Earn program, please feel free to reach out to us at +91 89766 89766 or write to us at support@5paisa.com. Our dedicated support team is here to help you with any inquiries or concerns you may have.

Refer and Earn Offer | 5paisa (2024)

FAQs

Which app is best for refer and earn? ›

Top 10 Refer and Earn Apps: In India for 2024
  • Upstox.
  • PhonePe.
  • Google Pay.
  • Meesho.
  • Zerodha.
  • Groww.
  • ySense.
  • CRED.
Jan 23, 2024

How do I get paid to refer people? ›

20+ successful referral program examples
  1. GetResponse – $30 account credit per referral.
  2. Hostinger – 20% commission.
  3. Dropbox – Up to 32 GB per referral.
  4. Fiverr – Up to $100 per referral.
  5. Chase Bank – $50 per referral.
  6. SoFi – between $50 and $500 per referral.
  7. TurboTax – $25 per referral.
  8. Wise – $50 per three referrals.
May 16, 2024

Is the Refer Earn app real or fake? ›

Yes, there are many Refer and Earn Apps that do not require any investment. These apps allow users to earn rewards or cash by referring the app to others, without having to invest any money.

How much do companies pay for referrals? ›

The fees, typically in cash, could be anywhere from 5% to 25% of the total sale, depending on the type of transaction. The referral fee motivates the referrer to recommend the business, bring in new customers, and facilitate sales.

How to earn $500 per day from mobile? ›

Online Surveys – earn rs 500 per day

Take your free time and do 3-4 surveys to earn 500 rs per day. Start by signing up on reputable survey sites like Swagbucks, Toluna, or InboxDollars, and more. Consistency and perseverance are key to achieving your daily income goal.

What app gives most money? ›

The top money-making apps include Swagbucks, Ibotta, Upside, Acorns and Capital One Shopping. Money-making apps are a popular way to earn extra spending money because the tasks require minimal effort and the payout is quick.

Which company gives highest referral bonus? ›

List of 30 Best Paying Refer and Earn Apps in India – Earn Cash Without Investment
Refer and Earn AppReferral Rewards
MPL ProBest Refer and Earn App for up to ₹10,000/Referral
Amazon PayEarn up to Rs 75 per referral
Upstox Refer and EarnRefer and Earn Up to Rs 600
MeeshoRefer and Earn ₹1000
26 more rows

How do I get instant referral money? ›

You can get an instant (or near-instant) referral bonus by signing up for a credit card, service, or online platform – and then sending a link or promo code to friends. Lucrative programs include Chase credit cards, Walmart Plus, and Rakuten. You'll earn $20 per referral (or more) with all of them!

Where can I get free referrals? ›

Requesting positive reviews on social media, Google or Amazon, or LinkedIn and TrustPilot helps to generate good word of mouth and social proof. Referral rewards. Offering a reward to loyal customers is a great way to generate referrals.

Are referrals worth it? ›

About 51 percent of employers saw less recruiting costs with employee referrals. Recruiters are changing the way they select candidates. Employee referrals provide more benefits to the company and to their workforce. These qualified referrals are often a better fit than candidates selected from a job board.

Which app gives most money on referral? ›

  • Paytm Money. This broker application has an appealing pricing structure and a solid referral program. ...
  • Upstox. In India's capital markets, mutual funds and stocks are traded using the Upstox software. ...
  • IIFL Securities. ...
  • PhonePe. ...
  • Google Pay. ...
  • Amazon Pay. ...
  • CRED. ...
  • TaskBucks.

How much does PayPal refer and earn? ›

You can refer up to 5 friends and get up to $50. Refer PayPal to a friend who still doesn't have an account. Once they sign up and spend at least $5, you'll both get $10. You can refer up to 5 friends and get up to $50.

What is it called when you refer someone and get money? ›

A referral bonus is an incentive for employees to recruit qualified candidates for their company. Typically a financial reward, companies pay employees a certain amount if they recommend a candidate for an open position.

How does giving a referral work? ›

An employee referral is a recommendation of a candidate for a job opening by an existing employee or someone in the candidate's network. It's an endorsem*nt suggesting the candidate's suitability for the role, often part of an incentivized referral program.

How do referral rewards work? ›

A referral reward is a type of incentive that businesses offer to their existing customers for referring new customers to them. Offering rewards to your customers in return for them spreading the word about your brand is a simple yet effective way to encourage referrals and drive sales.

How does referral tracking work? ›

Referral tracking is the process of monitoring and keeping track of your referral campaign's results. This means collecting data about how many referred customers you received, when they signed up for your program, who referred them to you, plus any other information regarding your referral campaign.

Top Articles
Latest Posts
Article information

Author: Fr. Dewey Fisher

Last Updated:

Views: 6424

Rating: 4.1 / 5 (62 voted)

Reviews: 93% of readers found this page helpful

Author information

Name: Fr. Dewey Fisher

Birthday: 1993-03-26

Address: 917 Hyun Views, Rogahnmouth, KY 91013-8827

Phone: +5938540192553

Job: Administration Developer

Hobby: Embroidery, Horseback riding, Juggling, Urban exploration, Skiing, Cycling, Handball

Introduction: My name is Fr. Dewey Fisher, I am a powerful, open, faithful, combative, spotless, faithful, fair person who loves writing and wants to share my knowledge and understanding with you.