More Refer and Earn Plans
Are you using a Upstox demat account and want your friends also to experience its services as well? If yes, then make it possible now with Upstox Refer and Earn.
Just as the name suggests, you can refer Upstoxto the one who is willing to trade or invest in the share market, and on every successful referral, you will get the benefits as well. Interesting right? You can also start sharing your experiences with your close ones and start earning from the same.
Without delaying this discussion any longer, let us dive into how muchyou can earn from Upstox and how you can do it.
How Upstox Refer and Earn Works?
Upstox refer and earn program is simple where you earn money by referring the Upstox services to your friend or family member who is interested in share market investment. To use this benefit, first, you have to complete the process of Upstox account opening and then follow the steps given below.
- Download the Upstox app.
- Login using the credentials.
- Click on the Account option on the bottom menu.
- Now click on Refer and Earn tab and then on the Share button displayed as “Share link using Whatsapp” or “Share using another app”. In the old Upstox app, you can share the referral link using Whatsapp or SMS.
- Once your friend uses that link to open a demat account, the referral amount gets credited to your account.
Upstox Refer and Earn Link Generator
To make the right use of the refer and earn in Upstox and to avoid any fraudulent activity, make sure you use the app to get the referral link. You can easily find the link in the referral page with all the details.
From there you can share it with your friend(s).
Upstox Refer and Earn Limit
No doubt, the broker offers an attractive way to make some additional money but at the same time, it comes with a certain set of limitations where only the first 10 referrals will be considered for rewards.
So, even if you refer 30 friends and only 15 use the link to open the account, you will get the referral amount for the first 10 successful referrals.
Upstox Refer and Earn Today Offer
Upstox comes with the latest and new offers every other day for its potential clients. You can check this offer in the Upstox app by following the steps given below:
- Login to the Upstox app using the credentials.
- Now in the bottom menu bar click on Account.
- Click on the Refer and Earn tab.
- Here the current offerings and amount will be displayed on the top. For example, Get up to₹500 on a successful referral.
- Sometimes, the benefit is not restricted to the referee but to the referral as well where your friends can reap certain benefits of trading with Upstox.
Upstox Refer and Earn Amount
As discussed above, Upstox comes with different benefits and referral programs, that you can easily check online using the app. The amount of referrals is in the range of₹500 to₹1200 or even more.
This is only credited to your account only when your friend uses your link to open a demat account with Upstox and further trade using the app.
Sometimes the broker comes with the additional benefit of brokerage sharing where you can earn from the brokerage paid by your referred friend.
This amount is credited directly to your rewards from where you can transfer them directly to your linked bank account.
Upstox Refer and Earn Terms and Conditions
There are undoubtedly a lot of benefits associated with refer and earn demat account but to avail of those benefits, there are certain terms and conditions that one should keep in mind.
Let us now discuss the terms and conditions that you need to view.
- The referral amount is credited when the referee starts the account opening process and not before that.
- The link remains active for 7 days. This means that if your friend does not use your referred link for 7 days it get expires and you will not get any referral bonus even if you share the link again.
- Only the first 10 referrals will be considered for the referral bonus.
- The reward points will get activated when the account opening process with the referee is completed.
- If the referee is your family member or blood relative, the referral will not be counted.
- You cannot indulge in advertising the scheme in any format, be it audio, video, textual, or anything else.
- Upstox has a right to deny the referral in case you don’t follow the guidelines properly.
- The referrer cannot provide any benefits beyond what is already provided by Upstox.
Following the given terms and conditions, the referrer and referee can both avail of the benefits of the Upstox refer and earn program.
Want to earn instant cashback. We have an alternative solution for you. Refer a demat account directly to us and earn an instant cash directly to your bank account.
How to Check Upstox Referral Amount?
Now that you have referred Upstox to your friend and earned the benefit, you must be wondering how to check the referral amount that you have received. There are some simple steps that you need to follow when you want to check the referral amount in Upstox.
It is important to note that you can check the Upstox Refer and earn an amount in the Upstox app as well as the Upstox web. So, you can use the platforms at your convenience.
The steps to check the referral amount are as follows.
- Log in either on the Upstox app or the web using your login credentials.
- In the Account tab, click on ‘refer and earn.
- Now click on Rewards.
- Here you can see all the details of your referrals with their status.
- Also, on the top, the detail of the amount earned through referral can be checked.
Upstox Refer and Earn Withdrawal
Once the earn referral rewards, you can easily withdraw them by following the steps given below:
- Click on the Account, Refer and Earn tab and then on Rewards.
- You will see the status of all your referrals here.
- At the bottom click on “Withdraw Rewards’.
- Enter the desired amount, that is, the amount that you wish to withdraw.
- Click on submit.
After the successful submission of the request, the amount will be credited to your bank account within 3 successful business days.
Upstox Refer and Earn is Safe or Not
These days there are many ways of making money using your trading platforms, but at the same time is it safe to click on any referral link. Here, if you generate the link using Upstox then there is no risk, and the one who has received it must authenticate and verify before filling in any detail.
For this, you can check the detail or contact the person who shared the link with you.
In case of any doubt, it is better to avoid a referral link and one can open a demat account by visiting the Upstox website or by contacting customer care directly.
Conclusion
Upstox refers and earn helps you in making additional money. But make sure you follow all the terms and conditions to avoid any confusion and to maximize your profit.
With new offers every other day, the broker comes with the opportunity for new and existing traders and investors in the market. Both the referee and referral can earn benefit through rewards and by trading at the minimum Upstox brokerage.
Refer your friend now and earn commission and other benefits right away.
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