1. Referrer: All clients of 5paisa who refer prospective customers to open demat account by using their unique referral link or code
2. Referee: All customers who open their demat account with 5paisa using the referral code or link of an existing 5paisa Customer
3. Referral Date: The date when a referee begins his account opening for the first time
4. Referral Reward: The benefit that the Referrer will get once his referred friend successfully activates his/her demat account with 5paisa.
5. Referral Active Account: A referred account will be considered as an Active Account only if account opening process completed within 5 days of registering at 5paisa. And minimum of ₹1000 trade/investment made within 15 days from the date of account activation.