Upstox is leading trading app to invest in the stock market easily. With its user-friendly interface and a host of features designed to make trading seamless, but what if we told you that you could not only enhance your trading experience with Upstox but also earn money by referring it to your friends? That’s where the Upstox Refer and Earn Demat account program comes into play.
Upstox Refer and Earn Link and Referral Code
Upstox Refer and Earn is a referral program that allows existing Upstox users to invite their friends to join the platform. In return, both the referrer and the referee can earn rewards, making it a win-win situation for everyone involved. The concept is simple: you refer a friend to Upstox, and when they join and start trading, you receive a referral bonus. It’s a fantastic way to introduce your friends to the world of online trading while also earning some extra cash.
Note: You should complete process online using this link within the next 7 days of sign-up with a number not registered with Upstox before. All you need is just your PAN + Aadhaar, usually account is created in 1 to 24 hours.
What are Upstox Refer and Earn Terms and Conditions to get rewards?
Here are the FAQs based on the Upstox Refer and Earn Terms and Conditions:
We have used Upstox official website as source, we highly recommend to visit for detailed info there.
1. When will you be eligible for the referral reward as the referrer?
To be eligible for the referral reward, the referee (the friend you referred) needs to successfully open their Upstox account within 7 days of signing up. Signing up involves completing their mobile number and email verification via OTP.
2. When will I receive my referral reward as the referrer?
You will receive your referral reward once your referred friend signs up on Upstox by submitting their mobile number and verifying their email address with an OTP. Additionally, they must successfully open their account within 7 days of signing up with the referral link.
3. When will the referral reward be credited to my account?
Once your referral successfully opens an Upstox account, the referral reward will be credited to your account by the 1st or the 16th of that month, whichever is closer. If the 1st or 16th falls on a weekend or bank holiday, the reward will be credited by the next working day
4. Is there a maximum limit to the brokerage sharing for referral rewards?
Yes, the maximum brokerage sharing is Rs. 200, and it is valid for 2 months for eligible user
5. How to withdraw my referral rewards?
To withdraw your referral rewards, you need to be an active Upstox user who has placed at least one trade in the last 365 days. Once you meet this criteria, you can place a withdrawal request, and the rewards will be credited to your primary bank account linked with your Upstox account within 3 working days
6. Is there a limit to the number of successful referrals I can make in a month?
Yes, referral rewards are valid for the first 10 successful referrals per month. After reaching this limit, there will be no further rewards for any friends you refer in that month. Successful referrals mean that the referred person successfully opens their Upstox account.
7. When will I receive the referral reward as the referrer?
As the referrer, you will receive the referral reward once the referee’s account is activated. This activation includes the opening of the Demat and Trading accounts after complete document and application verification, following SEBI/Exchange regulations and the internal policies and procedures of the company.
8. Can this offer be combined with other offers?
No, this offer cannot be combined with any other offer.
9. What happens in case of a dispute related to the referral scheme?
Any dispute arising out of referral schemes shall not be covered under the grievance mechanism of the Exchange.
10. Are referrals from blood relatives valid for earning Upstox Refer and Earn benefits?
No, blood family referrals are not valid and will not be counted for any benefits.
Find how does latest IPO Allotments takes place to increase your chances, click here.
Conclusion
The Upstox Refer and Earn program is a fantastic opportunity to earn extra income while helping your friends and acquaintances embark on their investment journey. It’s a win-win situation that allows you to leverage your network and make the most of your trading experience with Upstox.
So, what are you waiting for? Start referring your friends to Upstox today and unlock the potential to earn up to ₹1500 for every friend’s brokerage. It’s a smart way to enhance your financial portfolio while helping others achieve their financial goals.
FAQs (Frequently Asked Questions)
1. How do I get my own Upstox referral code?
To get your Upstox referral code, you need to be a registered Upstox user. Once you have an account, you can find your unique referral code in the Upstox app or on the Upstox website in Account Section > Rewards.
2. Is there a limit to how many friends I can refer to Upstox?
Generally, there is no limit to the number of friends you can refer to Upstox. You can refer as many friends as you like and earn rewards for each successful referral.
3. How do I track my referrals and rewards?
Upstox provides a dashboard where you can track your referrals and the rewards you’ve earned. You can see the status of each referral and the corresponding rewards in Account > Refer and Earn Section in Rewards .
What is Upstox Customer Care Helpline Number and Address?
Visit Upstox Official Customer Care Website to raise a ticket or Chat.
Or
Contact: 022-41792999
Email: support@upstox.com
Address: 30th Floor, Sunshine Tower, Senapati Bapat Marg, Dadar(W), Mumbai, Maharashtra 400013
[All Trading Days – 8 am to 5 pm]
