Mustn’t it be cool to earn rewards if someone opens an account with the broker suggested by you? With Sharekhan refer and earn , it is possible for you to earn money and rewards.
What is this refer and earn demat account program and you can reap its benefits? In this article, know the complete detail of the offer, benefits and terms and conditions associated with it.
Sharekhan Refer and Earn Offer
Sharekhan, a 21-years old brokerage firm with an active client base of 7.64 lakh people has become a popular and reliable full service stockbroker in India. Along with many other services, it provides access to its existing customer to refer to their platform and earn rewards in return.
Now what is this scheme about and how can one reap the benefit out of it?
To enjoy the refer and earn scheme, first of all, you should be an existing client of Sharekhan, i.e, you must be having a demat account with them already.
Once you have a demat account follow the steps below:
Visit the official website of Sharekhan through Mobile or Desktop
Go to Refer & Earn
Enter your registered Mobile number with Sharekhan
Generate a unique referral link.
Share the generated link with your friends or family member.
Once they accept your invitation link and sign-up for the Sharekhan demat account, you become eligible to earn the referral benefits.
Sharekhan Refer and Earn Amount
Sharekhan obviously earns a brokerage commission every time someone trades on its platform. Under its refer and earn model, it offers ₹400 for every referral to the person who refers the stockbroker to their friends and family members.
To understand this let’s take an example.
Let’s suppose you referred Sharekhan demat account to your 5 friends in the month of February. Out of these 5, three friends started trading by using the trading app.
Since Sharekhan offers the refer and earn amount for every referral who does at least 1 trade in the first 30 days, here the referral amount of (3 referrals*₹400) ₹1200 would be credited to your trading account on the 10th day of next month, i.e. March 10.
Other than this, the referrer can also avail of some of the benefits. Some of those are mentioned in the table below:
Sharekhan Refer and Earn Amount
₹400 for ever referral
Benefits for Referee
Free Demat account opening and no AMC for the first-year
Free access to Sharekhan classroom
One year access to Sharekhan TradeTiger
Free research coverage
Sharekhan Refer and Earn Terms and Conditions
Apart from fair refer and earn practices which include not projecting yourself as a Sharekhan employee or Authorized person in order to convince someone to open a demat account with Sharekhan or not paying money to someone to open an account, there are not a lot of terms & conditions on earning rewards under Sharekhan refer and earn program.
Here are some of the terms and conditions you should be aware of:
One must have a demat account with Sharekhan.
The referrer opens an account within 30 days of referral.
The referrer must place at least one trade.
The referral amount would be credited on the 10th of every month.
Sharekhan has been a reliable stockbroker in the stockbroking industry for 21 years now. The traders and potential clients seem to love the broker and with the brand name it has built for itself, the prospect of referring and earning becomes a bit easier for the existing Sharekhan customers.
With a 15% share in your friend’s brokerage, Sharekhan gives you an opportunity to make some money even when your referred person trades and this is the most exciting feature of the Sharekhan refer and earn program.
So if you are someone who is looking to make some money by referring a stockbroking platform to someone, Sharekhan is a very good option for you as the process of referring the stockbroker is quite effortless too.
Want to earn instant cashback rewards and amounts, get in touch with us. Just fill in the referral details in the form below and get the chance to earn instant cash directly in your bank account.