Incentive to Referrer - ₹300*/- Only

Terms & Conditions:

1. This Offer is applicable only on referral link shared from Refer & Earn Section of Mobile App. The details of your referrals can be verified on your Smart Dashboard.

2. Unique Referral Link & Code: The Referee is required to open the account exclusively through the referral link shared with him by you. 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 consequently the referral rewards won't apply.

3. Successful Referral: The account referred shall be treated as a successful referral subject to the referred friend / prospect successfully opens the Trading and Demat account with 5paisa as per the terms & conditions mentioned above and subject to the activation of the client’s account. 

4. Reward Credit: Upon successful referral, your referral rewards will be credited to your Trading Account. 

5. Referrer: A Referrer is a 5paisa customer who refers to a prospective customer to open a Trading and Demat account by using their unique referral link of the Referrer.

6. Referee: A Referee is a prospective customer who opens a Trading and Demat account with 5paisa using the referral link of an existing 5paisa customer (Referrer).

7. Referral Date or Lead Date: The Referral Date or the Lead Date is the date when a referee begins his / her account opening process for the first time using the unique referral link of the Referrer.

8. Activation Date or Account Opening Date: The Activation date or the account opening date is the date when a referee successfully opens the account with 5paisa.

9. Referral Reward: Referral Reward is the benefit that the Referrer gets once the referred friend / prospect successfully opens the Trading and Demat account with 5paisa as per the terms & conditions mentioned above and subject to the activation of the client’s account. 

10. 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 / prospective customer. Such accounts will be excluded from the calculation of referral rewards.

11. 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.

12. TDS Deduction: A 5%, 10% or 20% Tax Deducted at Source (TDS) as applicable will be deducted from the referral fees.
    

13. Eligibility and Limitations: As per the terms and conditions, a referee may refer a maximum of ten (10) clients.

14. Exceeding Referral Limit: Any referrals exceeding the maximum limit of ten (10) clients will not be compensated.
    

15. Lead Conversion: If you have leads to convert, please ensure this is done before October 12th. After that date, we will not be taking leads into account.
    

16. Referral Limit: Starting October 12th, each referee will be allowed to refer a maximum of 10 accounts.
    

17. Management Rights: The management reserves the right to modify, amend, or terminate this scheme without prior notice. The decision of 5paisa on all matters relating to, or in connection with the use of, this offer shall be final and binding on all parties concerned.

18. Combination of offers: No two referral offers can be combined at any given point. Users can qualify under only one offer in each active month.

19. The referrer will receive the referral reward for each referral once the referee account is activated i.e. Demat and trading account is opened after complete document & application verification, in line with the SEBI / Exchange regulations, and internal policies and procedures of the company.

20. The  credit of the referral benefit will be given in the Referrer’s trading account which shall be made as per the 5paisa payment settlement policy subject to the compliance of all the applicable terms and conditions by the Referrer and the Referee.

21. All the verification and account opening processes will be carried out by the 5paisa team, and the team reserves the right to reject the case depending on compliance requirements and the company’s existing policies and procedures.

22. 5paisa reserves the right to carry out checks and controls as it deems fit and proper before the credit of referral reward to the referrer.

23. Each referral reward winner will be scrutinized under the “referral quality check committee” before crediting the reward money to his ledger.

24. Referrer agrees that the following activities are expressly prohibited and engaging in any of these will lead to the initiation of legal and criminal action against you, and result in immediate termination and disqualification from the Referral Program, forfeiture of existing referral invitations and accrued, but not yet received, referral rewards.

• Spam, bulk distribution of invitations, distribution to strangers, or any other promotion of 5paisa Referral offer through invitations that would constitute or appear to constitute unsolicited commercial e-mail, SMS, publishing any article or content about 5paisa products, services, etc.

• Fraud, attempted fraud, or abuse of the 5paisa Referral offer for the given Terms & Conditions.

• Selling, trading, bartering, or providing anything of value to your Invitee beyond the referral invitation or otherwise using Your Program invitations or Rewards for promotional purposes.

• Organizing competitions, online contests, posting content about 5paisa, etc.

• Any act or omission resulting in damage to 5paisa in any form whatsoever in nature

25. The Referrer shall not undertake any form of selling/advisory activities in secondary market w.r.t securities and the Referrer shall never attempt to or engage in managing the portfolio of any person who is being referred. He/she should strictly limit his/her role to “Referral” only.

26. All the details/information pertaining to the prospective client (Referee) referred by the Referrer shall be kept confidential by the Referrer and the same should not be disclosed to any person / third party except as required under any law/regulatory requirements. 

27. The offer is valid for select customers only as per company policy.

28. The Refer & Earn offer is only applicable to regular accounts.

29. The Refer & Earn is not applicable for Plus One and Youngvestor accounts.

30. The Refer & Earn offer is not applicable for 5paisa Partners formerly known as ProPartners.
    

31. The Zero Brokerage on Stock SIPs and ETF SIPs is valid from January 1 to March 31, 2025, for all new stock SIPs and ETF SIPs created by new and existing users of 5paisa. Zero brokerage is capped at ₹3,000 per user for the entire offer period. Existing SIPs created before January 1, 2025, are not eligible, and standard rates apply beyond the ₹3,000 cap. Users must complete KYC and account verification to avail of the offer. 5paisa reserves the right to modify or end the offer anytime. Investments are subject to market risks; please invest wisely.
    
32. To qualify for this offer, customers must open a new Demat account between 1st and 31st January 2025. The offer provides free brokerage for 30 days from the date of account opening, with a maximum limit of ₹500 for male customers and ₹2,500 for female customers. The brokerage reversal will be processed after 30 days and within 45 days of account opening, and only for legitimate trades as defined by company policy. This promotion is applicable exclusively to new Demat accounts opened within the specified timeframe and cannot be combined with any other offers, promotions, or discounts. After the conclusion of the promotional period, standard brokerage charges will apply as per the prevailing terms and conditions.
    
33. To qualify for this offer, customers must be women and open a new Demat account with 5paisa between 1st January 2025 to 31st March 2025. The offer provides free brokerage for 30 days from the date of account opening, up to a maximum limit of ₹2,500. The brokerage reversal will be processed after 30 days and within 45 days of account opening and only for legitimate trades. Legitimate trades are defined as per the company's policies. This promotion is applicable exclusively to new Demat accounts opened by women within the specified timeframe. It cannot be combined with any other offers, promotions, or discounts. After the conclusion of the promotional period, standard brokerage charges will apply as per the prevailing terms and conditions. The company reserves the right to modify, cancel, or withdraw the offer at its sole discretion without prior notice.
    
34. The validity of this offer is 30 days from the date of the first trade made via MTF. Successful completion of the MTF pledge is mandatory to avail of the benefit. Zero interest will be applicable on capital/margin of up to ₹1,00,000, while a standard interest rate of 0.045% per day will be charged on margins exceeding ₹1,00,000. After utilizing the zero-interest benefit on the ₹1,00,000 MTF limit, any remaining interest will be charged from the client's ledger on a weekly basis. Applicable margins must be paid by the client as per regulatory requirements. Refunds, if applicable, will be initiated within 45 days of offer completion. 5paisa reserves the right to change, alter, or discontinue the offer and its terms and conditions at its absolute discretion. Any changes will be communicated to the client via email. Margin Funding is subject to SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017, and the terms and conditions mentioned in the rights and obligations statement issued by 5paisa.