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Hdfc Refer and Earn

hdfc refer and earn
August 1, 2022

It is acceptable to refer a friend or acquaintance who has experienced HDFC refer and earn services to HDFC Securities if you are enjoying their services at HDFC Securities and want to recommend them.

Keep following HDFC Securities refer and earn till the end to know how it works and understand how it works. With this program, you can earn reward points and gift vouchers for every referral that leads to HDFC Securities by referring your friends and family.

Besides having popular mutual funds like AXIS Bank, Bank of Baroda, ICICI Prudential Insurance, Mahindra Group, Aditya Birla Group, Reliance, Shriram, Sundarban, TATA, Kotak Mahindra, among others, HDFC securities app has investments from around the world.

In addition to that, you can also use your savings account for other purposes like paying for your mobile recharges, paying your gas and electricity bills, and many others.

However, how would one go about achieving such a feat? Continue reading to find out.

Click To Copy HDFC Referral Code

2xMOyn

HDFC Refer And Earn Video Tutorial

HDFC Referral Code UPI Earn Money:

HDFC

2xMOyn

App Link

Signup Bonus

Rs 1 and voucher

Referral Bonus

Rs 500 voucher

Click To Copy HDFC Referral Code

2xMOyn

How to Avail HDFC Refer Earn Offer

  • Open HDFC App.
  • Next, tap on the start referring option from the dashboard and open the refer and earn option.
  • Now, enter your mobile number and enter the OTP > you will get your referral link and code.
  • After that, Click on “Invite Friends” ButtonShare your invite link on WhatsApp, Facebook, SMS, etc.
  • Ask your friend to link their bank account on HDFC app using your invite link.
  • Get up to Rs. 500 on 1st ever transaction of your friend.

Advantages and Disadvantages of the HDFC App

Advantages

HDFC Securities has the following advantages as compared to other securities companies. Before opening an account with HDFC Securities, you must take the time to read the advantages and disadvantages of doing so.

You will be able to find out if HDFC Securities meets your investment needs by looking at the pros and cons.

  • Our company can help you open an integrated account that is 3-in-1 (banking, broking, and trading). This is one of the reasons why HDFC's trading platform is extremely convenient.

  • You can invest online in IPOs, Mutual Funds, Government Bonds and Insurance from a single website, as well as Postal Savings Schemes.

  • There is also the option of trading on both NSE and BSE.

  • The platform is quite easy to use and is an excellent choice for beginners .

Disadvantages

As mentioned above, HDFC Securities has a few cons. The following is a list of HDFC Securities's refer and earn disadvantages.

  • Brokerage fees for HDFC Securities are very high and not negotiable.

  • The company does not deal with commodities. HDFC Securities does not have access to either the NCDEX or the MCX.

  • To set up a 3-in-1 account, HDFC Bank Ltd as the depository participant (DP) and HDFC Bank as the banker needs to be opted for the opening of the Demat Account and the Bank Account, respectively.

  • There are several brokerage houses that charge high fees for trades, such as HDFC, which charges Rs 25 for a single trade. In fact, many discount brokers have no minimum brokerage requirement.

  • On stocks with a quoting price up to Rs 10 HDFC charges a flat brokerage of Rs 0.05 per share. As a result, penny stocks can be very difficult to trade.

HDFC Account Opening Process

  • You have to download the HDFC app by clicking on the link given or by going to the Google Play store.

  • Secondly, please open the registration form and finish the registration process from this registration page.

  • In order to receive the one-time password, please enter your mobile number and email address.

  • To proceed to the fourth step of the process, you need to enter each of the OTPs one by one and press the submit button as soon as you have done so.

  • To verify your account, you will also need to provide the details related to your PAN card (name, DOB) > You will also need to provide the details of your bank account, including the account number and the IFSC code.

  • Upon opening your account, a confirmation message will also be sent to you. In order to complete the account opening process, Rs 1 will be credited to your bank account as well.

  • Please refer to this HDFC referral code to initiate the process.

  • The final step of the application process is to upload your signature, photo, as well as a brief statement about your income in order to receive your application.

  • After receiving your application, you will soon have your account open and be ready to trade.

  • If you want to choose an investment category on the app trading page, you may do so by selecting from stocks, Digi gold, or stocks.

  • If you choose to invest your money in stock, then make sure you invest it in the Bluechip stock market.

How to Download the App?

You can easily download the application from Google Play Store and App Store.

In the following Youtube Video, you can check the download process for the application and how to use it effectively

What is Refer and Earn?

Refer and earn is a process in which you generate a unique code and share it to your friends and family to download the application and use your code.

You will receive a reward, whether it's a cashback on your friends transactions, or something related to the application.

HDFC Refer and Earn Process

The referral program for HDFC Securities can be begun by completing the following steps:

  • To begin the process of opening an HDFC Securities account, you must first complete the required steps.

  • We make it easy to refer users to our service by providing them with a unique referral link that allows them to register to use the service once you have created an account for them.

  • Once the referral opens a trading account with the broker, each party will receive a rupee 100 gift voucher.

  • If a referee reaches a certain amount of referrals, the referrer will receive a variety of gift vouchers.

It can be easier to understand if you look at the infographic below.

Refer and Earn Schemes/Ongoing Offers

HDFC securities demat account refer and earn is Satya's financial institution of choice. He felt that the services offered by HDFC Demat were satisfactory and referred his friend to the account. He gave a gift voucher of Rs. 500 to Sahil and in exchange for this, he received a gift voucher.

Later on, he introduced his other friend Rohit to the Demat account, he went on to sign up with HDFC Securities, and Satya received a gift voucher for the sum of 1000 as a result.

The same is true for referring to more friends, in this case, he would receive more gift vouchers as described in the infographic above. To summarise, the more friends a member refers to, the more credit he receives.

It is important to bear in mind that the more friends you refer to, the more credit you will earn.

  • In order to refer your friend to HDFC Securities to open an account, there are a few cases of an easier procedure that can assist in opening the account.

  • By recommending people to HDFC Securities, you can make money depending on how many of them you are able to convince to sign up for an account as well as how many of them do so.

  • It is now the perfect time to take advantage of the remarkable trading services HDFC Securities offers by referring to a Demat account today and earn some exciting and lucrative rewards as well!

  • Usually, the stockbrokers will not credit your account with the referral bonus until the period of time that they have specified, has passed.

What benefits does the referred person get?

  • To begin the process of opening an HDFC Securities account, you must first complete the required steps.

  • There is a unique referral link that you will find in HDFC’s app that will allow your prospective clients to log in immediately using their unique ID after you have set up an account and given them your approval to log in. Please feel free to send our unique referral link to a friend of yours if you would like to refer them to our service.

  • Upon referring a friend who opens an account with your broker, both parties will each receive a gift voucher for Rs. 100.

  • Referring a friend will earn the referrer a gift voucher based on the number of friends that you refer.

Referral Amount Withdrawal Process

You will be credited with the money from the Demat account upon selling your shares, after the money is debited from the Demat account.

The amount you have earned will typically be withdrawn after T+2 days (or two days after the day your share is sold), once your trading account has been reconciled to the bank account you linked to the account.

It is likely that you will find the option to transfer the funds in your online trading app under the ‘Accounts’ or ‘Funds’ section. There are a few things you can look for, such as 'Fund Payout' or 'Withdraw Funds'.

It is the user's responsibility to select the bank where the money is to be transferred if he has more than one bank account linked and then click the submit button. The user will be asked to enter an amount to withdraw before clicking the submit button.

HDFC Terms and Conditions

The HDFC Securities refer and earn program is a way to earn money by referring your friends to your HDFC Securities Demat account by fulfilling certain terms and conditions.

If you are interested in knowing the terms and conditions, please refer to the following information.

  • The gift.

  • A voucher will be distributed on the 30th of every month.

  • In order to qualify for the referral program, HDFC Securities must have an existing client or customer relationship with the referrer.

  • In order for the referrer to qualify for the referral program, the referral should open an account within 21 days of the referral lead submission, otherwise, the referrer's lead will not qualify for the referral program.

  • Employees and family members of HDFC Bank and HDFC Securities are not eligible for the HDFC Bank and HDFC Securities referral program.

  • HDFC Securities holds the right to withdraw the offer at any time before the expiry date of the offer, without prior notice.

  • HDFC Securities will not be considered a referral in cases where the referee is already a client of HDFC Securities.

  • The referrer will not be rewarded if the referrer provides incorrect, invalid, or incorrect details, duplicates, or if the details are incomplete/invalid/incorrect.

  • A referrer is allowed to submit a maximum of five referrals, and no incentives will be offered if he or she offers more than five referrals.

Conclusion

If a friend is referred to HDFC Securities to open an account, some easy steps are involved in the process of opening the account. Depending on the number of people referred and how many opened an account, HDFC refer and earn rewards differ.

You can therefore earn some exciting and handsome rewards with HDFC Securities if you are fully satisfied with the company's trading services and are willing to recommend a Demat account to your friends and colleagues!

According to the stockbrokers, the referral rewards are usually credited to your account after a specific period of time. Providing a seamless process of referring Demat accounts is one way that we simplify the process.

Frequently Asked Questions

Q1. How do I refer and earn in HDFC securities?


Ans.
HDFC Securities would pay referral incentives to Referral Partners on an ongoing basis on a monthly basis or quarterly basis, depending on the reciprocal agreement in writing between the parties. Tax at source shall be deducted from the consideration as per the applicable tax laws and regulations in force.


Q2. What is the referral amount for HDFC securities?

Ans. You can refer your friends to HDFC securities to open an online account and receive a voucher for Rs 500 if the referral is successful.


Q3. How can I claim an HDFC gift voucher?

Ans. If you wish to redeem the code, you need to sign in to your account on the retailer's website. If you are signed in, you will see a link that says Redeem Gift Code when you are logged in. 

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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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