Top 10 Refer and Earn Apps: In India for 2024 (2024)

Do you have family or friends?

If yes, earning money with their help could be an excellent opportunity for you.

Finding ways to earn money online, especially for some extra cash, can be tough. But the refer and earn apps are here to help.

But - What are these apps?

Refer and Earn apps let you earn money by recommending them to other people. How much you earn can change depending on the app, but you can pick the one that works best for you.

There are lots of refer and earn apps out there, but we've picked out the top 10 that we've personally tried and can vouch for.

Why Refer and Earn Apps are Best for Passive Income?

Refer and earn apps can be an appealing option for generating passive income for several reasons:

1. Low Effort Required: After referring someone with a refer and earn app, there's usually nothing more to do. You will earn passive income when your referrals use the app or buy something.

2. No Investment Needed: Most refer and earn programs don't require any financial investment. You just need to leverage your network to make referrals.

3. Wide Reach Through Social Media: As more and more people are coming on social media, it's easier to refer and earn by reaching a large audience without much effort. A good example of this is social media influencers.

4. Multiple Options: There are numerous refer and earn apps and services offering referral programs, ranging from financial services to shopping, allowing you to choose programs that best fit your network's interests.

5. Flexibility: You can participate in multiple refer and earn programs at the same time to diversify your potential income sources.

Different Types of Refer and Earn Apps

There are broadly eight types of refer and earn apps that could potentially become a source of passive income.

Let's learn more about them below:

List of Top 10 Refer and Earn Apps in India

We've handpicked the top 10 refer and earn apps from a vast pool, just to streamline and enrich your earning journey.

1. GroMo

GroMo is an Indian fintech startup that provides a platform for individuals to earn money by selling financial products like loans, savings accounts, and investment plans to their network.

• GroMo's Refer and Earn Program:

GroMo's refer and earn program allows users to earn money by referring others to use the platform for selling financial products, with earnings based on the sales made by those referrals.

• Total Referral Earnings:

1. Initial Referral Registration:
   You will earn 1,000 GroMo coins when your referral successfully registers on GroMo.

2. First Sale by Referral:
   You will receive ₹100 and 5% of your referral's earnings on their first sale.

3. Earnings on Subsequent Sales:
   You will continuously earn 5% of your referral's earnings on every sale they make, for life.

4. Milestone Bonus:
   You will gain an additional 20,000 GroMo coins when your referral completes their 5th sale.

Note: 50 GroMo coins are equivalent to ₹1.

• No limit on referrals

• GroMo's Refer and Earn Process:

Step 1: Open the GroMo app and go to the 'Refer & Earn' section.

Step 2: Share your unique referral link with your friends and family.

Step 3: Promote GroMo and its offerings to your network through various channels.

Step 4: Track your referrals and earned rewards within the app.

2. Paytm Money

Paytm Money is a financial services app in India, part of the Paytm ecosystem, offering investment and wealth management products. Users can invest in mutual funds, stocks, and National Pension System (NPS), among others.

• Paytm Money's Refer and Earn Program:

Paytm Money's refer and earn program allows you to earn rewards by referring friends and family to open a Demat account and start investing through Paytm Money.

• Total Referral Earnings:

You get ₹300 for each successful referral that opens a Demat account using your link and an extra ₹200 if the referred friend invests ₹1000 or more within 30 days of account opening.

• No limit on referrals

• Paytm Money's Refer and Earn Process:

Step 1: Go to the Refer & Earn section in your Paytm Money app.

Step 2: Share your unique referral link with your friends through any platform (WhatsApp, Facebook, etc.).

Step 3: When your friend opens an account using your link, you'll be notified and your reward will be credited to your Paytm wallet within 7 days.

Also, check these out:

1. How To Earn Money From Home: Become A GroMo Partner
2. How To Refer And Earn In Two Simple Steps? - GroMo
3. Money Earning Apps: Online Without Investment
4. 10 Best Earning Apps for Students Without Investment 2024

3. Upstox

Upstox is an online brokerage firm based in India, offering trading services in stocks, commodities, and currency derivatives.

Upstox provides investors with digital tools for trading, analysis, and a range of investment options, all with competitive pricing and minimal brokerage fees.

• Upstox's Refer and Earn Program:

program, allowing you to receive rewards for each friend you refer who opens a Demat account and begins trading on their platform.

• Total Referral Earnings:

Each successful referral who opens an Upstox account using your link can earn you between ₹500 and ₹1200, depending on the ongoing offers and promotions.

Check the 'Rewards' section in the Upstox app for the most recent information on referral rewards.

• Limit on referrals:

There's a limit of 10 successful referrals per month for earning rewards.

• Upstox's Refer and Earn Process:

Step 1: Open the Upstox app or website and access the Rewards section.

Step 2: You'll find your unique referral link and various sharing options to send to your friends.

4. PhonePe

PhonePe is a digital payments and financial services platform in India, enabling users to make online transactions, mobile recharges, bill payments, and more, through a UPI.

• PhonePe's Refer and Earn Program:

PhonePe's refer and earn focuses on encouraging you to invite friends to sign up for PhonePe and complete their first UPI transaction within 5 days.

• Total Referral Earnings:

For each successful referral, you stand to earn between ₹100 and ₹1000. The precise amount is revealed through a scratch card, adding an element of surprise to your reward.

Your referred friend also gets a cashback reward on their first UPI transaction.

• Limit on referrals:

You can only earn rewards for the first 5 successful referrals in a month.

• PhonePe's Refer and Earn Process:

Step 1: Open the PhonePe app

Step 2: Tap on the Refer & Earn section

Step 3: Share your unique referral link with your friends

Step 4: When your friend joins PhonePe using your link and completes their 1st transaction within 5 days, you'll receive your reward.

5. Google Pay

Google Pay is an online payment system developed by Google, enabling users to make payments, transfer money, and manage their finances across various devices and platforms.

• Google Pay's Refer and Earn Program:

Google Pay's refer and earn focuses on encouraging you to invite friends to sign up for the Google Pay app and complete their first UPI transaction within 7 business days.

• Total Referral Earnings:

You can refer and earn up to ₹300* per successful referral when someone downloads Google Pay, sets up an account, and completes their first payment within 7 business days.

Your referred friend will also receive a welcome bonus (amount varies) when they complete their first payment.

• Limit on referrals:

Each user can refer a maximum of 100 people in a financial year (1st April 2024 to 31st March 2025 )

• Google Pay's Refer and Earn Process:

Step 1: Open the Google Pay app

Step 2: Go to the 'Payments' section

Step 3: Scroll down and tap on 'Invite Friends to Google Pay' and share it with your friend

Step 4: When your friend makes their first payment, you'll both receive your rewards.

6. Meesho

Meesho is an Indian social e-commerce platform that allows individuals and small businesses to start their online stores via social channels like WhatsApp, Facebook, and Instagram.

• Meesho's Refer and Earn Program:

The Meesho customer referral program rewards users for referring new customers, who then get discounts on their first order, while the referrer earns a commission on every purchase made by the referred customer.

• Total Referral Earnings:

Earn a 25% commission on the order value for each successful referral who makes their first purchase on Meesho through your link.

The larger the order value placed by your referral, the higher your commission will be.

• Limit on referrals:

There's no limit on the number of referrals you can invite.

• Meesho's Refer and Earn Process:

Step 1: Open the Meesho app

Step 2: Go to the 'Share & Earn' section

Step 3: Choose the product you want to promote and share your unique referral link or code

Step 4: When your friend makes their first purchase on Meesho using your link, you'll receive a commission on the order value

7. Zerodha

Zerodha is an Indian financial services company, known primarily for offering low-cost brokerage services for stock trading, commodities, and mutual funds.

• Zerodha's Refer and Earn Program:

Zerodha's refer and earn program allows existing clients to earn rewards by referring new customers who open an account and start trading on their platform.

• Total Referral Earnings:

1. Long-Term Passive Income:

   • Earnings: Receive 10% of the brokerage fees generated by your referred friends each month.
   • Duration: This earning potential lasts for the lifetime of the referred account's activity.

2. Reward Points for Referrals:

   • Points per Referral: Earn 300 reward points for each successful referral.
   • Redemption: These points can be redeemed for a variety of benefits within the Zerodha platform.

• Limit on Referrals:

There's no limit on the number of referrals you can invite.

• Zerodha's Refer and Earn Process:

Step 1: Click on 'Console' and open Rewards & referrals.

Step 2: Send your link to friends, family, or online channels

Also, Check these out:

1. Earn Money Online By Selling Insurance Online
2. GroMo Fintech App: Innovation to Earn Money Without Investment
3. Earn Commission By Selling Credit Cards Online
4. GroMo Partner: Benefits Of Becoming A GroMo Partner

8. Groww

Groww is an investment platform that offers an interface for investing in stocks, mutual funds, and other financial instruments.

It aims to simplify the investment process, making it accessible and convenient for both novice and experienced investors.

• Groww's Refer and Earn Program:

Groww's refer and earn program is an easy way to make extra money by telling your friends about a well-known investment platform. It offers good rewards, and there's no limit to how much you can earn.

• Total Referral Earnings:

1. Earn ₹25 per Referral: Get ₹25 for each friend who signs up and finishes their KYC process.

2. Potential Earnings up to ₹10,000: Depending on your friend's investment actions within the first 30 days of joining, you can earn an extra ₹500 to ₹10,000. The exact amount varies based on their chosen investments, like mutual funds or stocks.

• Limit on Referrals:

There's no limit on the number of referrals you can invite. Invite as many friends as you like and increase your earning potential with each new referral.

• Groww's Refer and Earn Process:

Step 1: Click on the 'Refer & Earn' section of your Groww app

Step 2: Share it with friends, family, or anyone interested in investing.

9. ySense

ySense is an online platform that allows you to earn money through various activities like surveys, tasks, and on the internet.

It is one of the best options for those looking to make some extra money online.

• ySense's Refer and Earn Program:

is an easy way to make more money. Along with what you do on the platform, it can really help you earn extra by referring it to your friends and family.

• Total Referral Earnings:

You can earn ₹10 to ₹25 for each friend who signs up and confirms their email through your referral link.

Plus, you will receive an extra ₹170 when your friend makes their first ₹400 on ySense, not including commissions and bonuses.

• Limit on Referrals:

There's no limit on the number of referrals you can invite. You can invite as many friends as you want, which could greatly increase your earnings.

• Ysense's Refer and Earn Process:

Step 1: Click on the 'Refer & Earn' section in your ySense account.

Step 2: Copy the Unique referral link and share it with your friends, family, or online communities

10. CRED

Cred is a company in India that gives rewards to people for paying their credit card bills using its app and also provides different money-related services.

• CRED's Refer and Earn Program:

CRED's refer and earn program enables you to earn some extra cash while introducing friends to this platform that helps them manage their credit cards and potentially earn rewards.

• Total Referral Earnings:

1. Earn up to ₹1000 per successful referral: This amount depends on the credit card bill your friend pays within the first month of joining.

Reward Structure:

• Limit on referrals:

There's no limit on the number of referrals you can invite.

• CRED's Refer and Earn Process:

Step 1: Open the CRED app and navigate to the 'Refer & Earn' section.

Step 2: Share your unique referral link with friends, family, or online communities.

Step 3: When your friend uses your link to join CRED and pays their first bill within the first month, you both receive your rewards.

Key Takeaways

1. Refer and Earn apps like GroMo, Paytm Money, and Upstox offer a simple way to earn by selling financial products or opening investment accounts.

2. These apps cover a wide range of services, including shopping, financial services, travel, food delivery, wellness, and e-learning, providing diverse earning opportunities.

3. Refer and Earn apps like PhonePe and Google Pay, offer rewards not just for referrals but also for the subsequent actions of the referred individuals.

4. The referral programs often have no limit on the number of referrals, allowing for potentially unlimited earnings, as seen with Groww and CRED.

5. The process of refer and earn is user-friendly and accessible, involving sharing a unique link, as demonstrated by Meesho and ySense.