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5 Paisa Refer And Earn

5 paisa refer and earn
June 30, 2022

India's 5Paisa app offers both Demat and Trading services. You can buy several different kinds of investments here, including mutual funds, US stocks, insurance, IPOs, and gold. There is a simple yet advanced layout of this Demat and Trading application.

In this area of the home screen, you will notice that there are a lot of options available.

A separate section in this application is titled 'Investment Idea'. The information you see here is based on long-term, short-term, hot stocks, etc. Through the 'Investment Idea' tab, you will also get to see mutual fund recommendations.

Think you could win exciting 5paisa offers? If you are ready to avail multiple astonishing awards through the refer and earn feature of 5paisa, then you should use this solution!

By joining this program, you are not only able to refer the broker to your friends, family, and colleagues, but you are also able to earn cash or gifts for referring the broker.

In other words, with the free referral code, you get an amount of money paid to you every time someone from your contact opens a Demat account with 5paisa using the referral code.

That's pretty impressive, isn't it? Here is a look at the referral and demat account plan offered by 5Paisa in further detail.

Click To Copy 5 Paisa Referral Code

 BDARS1507 

5 Paisa Refer And Earn Video Tutorial

5 Paisa Referral Code UPI Earn Money:

5 Paisa Referral Code

BDARS1507

Using Referral Code Get

Free ₹ 50 Cashback

Earn per Referral

₹500

Invite a Friend program

Only For App

5 Paisa Redeem

Recharge & Bill Payment

Click To Copy 5 Paisa Referral Code

 BDARS1507 

How to Avail 5 Paisa Refer Earn Offer

  • Open 5 Paisa App.
  • Go to the money transfer tab.
  • Click on 5 Paisa Refer Earn offer.
  • Click on “Invite Friends” ButtonShare your invite link on WhatsApp, Facebook, SMS, etc.
  • Ask your friend to link their bank account on 5 Paisa app using your invite link.
  • Get up to Rs. 100 on 1st ever transaction of your friend.

How To Sign Up- 5paisa

  • First of all, you need to choose the Depository Participant (DP)
    First and foremost, you should choose a depository participant (DP) whom you intend to open a Demat account with. Banks, stockbrokers, and online investment platforms offer you many options when it comes to choosing the best DP services in India.

    The first thing you should do when choosing a DP is to make sure their offerings and features match your needs and preferences.


  • The second step in opening a Demat account is to fill out and submit the Demat Account Opening Form.
    You will need to open a Demat account online by visiting the website of your DP and filling out the Demat account opening form. You can open both trading and depository accounts with a number of depository participants at the same time.
  • KYC (Know Your Customer) compliance is the third step
    The Know Your Customer (KYC) requirements come next after completing the Demat account application. Scannable copies of KYC documents, such as identification, addresses, bank account statements, and income proof, are required.

    You will be able to move through the application process more quickly if you have all the necessary documents on hand.


  • The verification process is completed in step 4
    You are required to go through a process called 'In-Person Verification' after you provide KYC details. For the sake of validity checking, you need to perform this exercise.

    If your DP requires that you appear in person, you will need to do so at either of their offices. In contrast, a number of depository participants now offer IPV services online via a webcam or smartphone.


  • A copy of the contract must be signed by each party
    Your Depository Participant will ask you to sign a contract after verification. Depository participants' and investors' rights and responsibilities are specified in this agreement.


  • Once all of the above processes have been completed, obtain your BO ID number
    Following the agreement, your Demat application will be processed by your DP. Once your application has been approved, you will be assigned a Beneficial Owner Identification Number (BOID). This number lets you connect to your Demat account.
  • How to use 5paisa

    Specifically, 5paisa is an app developed for mobile phones that you can download on your iPhone or Android phone. Customers of 5paisa can now trade on-the-go using the app. Follow the steps below to get started:

    • Get the app from the app store and you will be able to use it.

    • You will need to log in with your customer ID and password in order to use the app.
  • You can transfer funds directly from your bank account into your trading account by clicking on the 'Pay-in' button on your
          trading account.
  • Select the security or mutual fund that you wish to buy or sell.

  • You will need to place a buy or sell order.
  • 5paisa Referral Program

    How about to earn some extra money when you make the most of 5paisa's refer and earn option? Well, we have a solution to help you make the most of your referrals.

    If you are referred to the broker by friends, relatives, or other people, you will be able to participate in a referral program through which you will be able to not only refer them to the broker, but you will also receive a gift or cash as a reward for this referral service.

    The result is that once someone from your contact opens a Demat account with 5paisa using the referral code, you automatically receive a handsome sum of money: there are no hidden fees.

    That's pretty impressive, isn't it? In this article, we will take a deeper look into the refer and demat plan by 5Paisa.

    The refer and earn 5 paisa option provides a plethora of lucrative offers to its users, but to obtain these offers it is necessary to have a 5paisa Demat account.

    Upon opening a Demat account, you will be given a unique referral code which can be shared with your members, thus enabling them to earn the following benefits-

    • Cash Offer - Receive Rs. 500 for every referral you make.

    • Take advantage of the Rs.250 incentive and get up to 40% in broker sharing for your next referrals

      While following the 5paisa refer and earn program, you need to keep some parameters in mind. Here are a few of them.

    • In order to activate the accounts of the first five referrers, the referrer will receive a full credit.

    • When a referee opens an account within 6-25 days, a credit of 150 will be applied to the referrer's account. When the referee starts trading with that account, the remaining Rs.100 will be credited.

    • 26+ referrals: Rs.100 are credited upon account activation of the referral, and Rs.150 are credited upon trading by the referral.

    • The referee should complete trades of 5000 within the next 15 days. This means adding a total of 10,000 within the next 15 days after account activation.

      You will be able to earn the following rewards, as well as some exciting rewards, when your friend uses the 5paisa refer and earn feature:

    • Demat and trading accounts that are free of charge.

    • The benefits are worth 2,100 rupees.

    Besides these benefits, your friend is also entitled to get the lowest brokerage of just 5paisa across a wide range of segments.

    There is also no restriction on the number of referrals your friend can receive. The number of accounts that you open with us is infinite, there is no limit.

    How to get Your 5paisa Referral Code\Link

    You can earn Rs 250 per referral if you are a 5paisa customer who has referred five or more friends. Accounts must be opened with 5paisa within ten days after you make the referral. Referring a family member or friend to 5paisa is as simple as following the steps outlined below:

    • Register at 5paisa.com or download the mobile app to trade on the go.

    • You can access the menu by clicking on the face icon in the upper right corner of the screen.

    • You will then be able to select 'Refer a Friend'.

      A business partnerships program offered by 5paisa is a great way for people who may refer 100s of clients to the service. 5paisa offers you the chance to earn up to 50% of your referral's brokerage from the 5paisa customer you refer

    How Does 5paisa Pay Real Cashback

    Yes, 5 paisa pays real cashback and you can withdraw it to your account. There are various types of 5paisa refer and earn offer and rewards. Some are real cashback and others are brokerage fees cash back too.

    But you can easily receive a 5 paisa real cashback with the help of two offers today itself.

    Different offers available on 5paisa refer and earn

    In my opinion, this referral app is one of the best ones when it comes to refer and earn programs. As a result, anyone who uses the service can earn a brokerage share of up to 40% over their entire lifetime.

    This means that you are going to get 12.5% to 40% brokerage commission back in your account each and every time a friend you have referred invests in the 5Paisa App. Depending on what you do with the money,

    You may be able to withdraw the funds to your Bank account, or you may be able to purchase digital gold, stocks, mutual funds, etc.

    The first referral, as well as the first two referrals, will receive free Brand Vouchers worth Rs.5000, while the second referral will receive Rs.500.

    Within the 5paisa referral program, there are three sections that must be followed closely. There is the Star, the Elite Club, and the Referral Pro section.

    Referral Category

    Reward

    Brokerage Sharing

    No of Referrals

    Get Lucky

    ₹500

    12.5%

    1st Referral

    Star

    ₹250

    12.5%

    2-5 People

    ELITE Club

    ₹250

    25%

    6-25 People

    PRO Referrer

    ₹250

    40%

    26+ Referrals

    Pros and Cons of 5 Paisa 

    Pros

    • A flat brokerage rate of Rs 20 is simple and low.
    • Invest in stocks, futures, and options through websites, desktops, and mobile devices.
    • Get free trading advice from research.
    • Aadhaar accounts can be opened without paper.

    Cons

    • Trading for commodities is feasible.
    • It is not possible to open three accounts at once
    • A good customer service experience.

    5paisa Customer Care Number

    • Support Related Queries
      support@5paisa.com

    • DP and Broking Related Query
      dp.grievance@5paisa.com

    • Address
      Sun Infotech Park, Road No.16V, Plot No. B-23 Thane Industrial Area, Wagle Estate, Thane - 400604.

    • Phone Number
      +91 89766 89766

    Ratings & Reviews of 5 Paisa

    The reviews of the application are mostly positive and they are 4.3 of 5-star rating over 300,000+ reviews

    Conclusion

    The experience of working with a broker should be a positive one, as this makes you feel secure and safe. When one has a great experience, it is natural to want to share that experience with others.

    Additionally, if that means you get some exciting gifts and awards, then it's an added bonus. To maximize your benefits, open an account with demat today!

    I hope you liked our article on 5 paisa refer and earn , if you have any comments or suggestions do share them in the comments below.

    Frequently Asked Questions

    Q1. Can we refer and earn in 5paisa?

    If you are a 5paisa customer, then you can earn Rs 250 per referral when you refer at least 5 friends. The friends must open their accounts within the first 10 days of referring you.

    You can refer your friends or family to 5paisa by following these steps: Sign up at 5paisa.com or download the 5paisa mobile app


    Q2. What is the referral amount of 5paisa?

    Referring to five or more friends as a 5paisa customer earns you Rs 250. New accounts must be established within ten days after the referral.


    Q3. Where is the refer and earn option in 5paisa?

    Please visit 5paisa.com or download the mobile app. An open menu can be accessed by clicking the face icon to the right. Select 'Refer your friends.


    Q4.How can I withdraw my 5 paisa referral amount?

    You can easily withdraw your funds from 5paisa.com by following a simple process. Upon logging into the website, click on the mutual fund amount near the top red navigation ribbon, then select the Payout button to view your payout options.

    Enter the amount you wish to withdraw and click Send Request.

    prakash

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    About the Author

    Prakash is a passionate individual who loves to live his life up to full potential. An avid traveller and reader, he loves to explore various places and has quite a knack for research. He is intuitive by nature and possess the ability to handle multiple informational resources at one time. Prakash is dedicated and sincere in approach and he loves networking with like-minded people.

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