Want to know Kotak Refer and Earn? Well you have landed on the right article Keeping your money in banks is no longer safe; at today’s inflation rate, you are bound to lose some of it.
Some of you may have already started investing your money in various sources to prevent that and some of us still wondering how we can invest our money. And may have started to earn some rather than lose it; earning money does sound good, right?
One of the investment options people are opting for nowadays are Stocks and Mutual funds. And believe it or not, your trusted Kotak Mahindra bank has come ahead with its stock brokerage company Kotak Securities which can help you in getting a quick start for investing in stocks or if you want to invest in Mutual Funds.
In the fiscal year 2022, they had about 1.2 million users with Kotak's efficient investing money. For those 1.2 million users, Kotak Securities have bought a referral programme, where they can make as much as INR 500 by helping their friends or family join Kotak securities.
Like many other Demat Account Refer and Earn Apps , Kotak Securitites promotes the same so Let's discuss their refer and earn kotak securities programme in detail because, let's face it, who would not want an extra INR 500?
Click To Copy Kotak Referral Code
Kotak Referral Code Video Tutorial ( 2022 )
[ 53303529 ] Kotak Referral Code
Kotak Referral Code
Earn Per Refer
250 Referral Points
Sign Up Bonus
Invite a Friend program
Only For App
Click To Copy Kotak Referral Code
How to Avail Kotak Refer Earn Offer
- First, open the Kotak securities app
- Click the three-line button from the page.
- Now Tap on refer and earn section
- Copy your Kotak referral code and share it with your friends and family.
- You will get some rewards whenever someone successfully open an account
Steps To Kotak’s Refer and Earn Programme.
Initially, to begin with, you need to be a member of the Kotak Securities app yourself, from which you can generate a referral code. Now, as beneficial as Kotak Securities is, you just need to tell your friends and family about it.
And, if any of them joins the app using your referral code, you can make as much as INR 500 by it.
How it works is that the referrer actually receives up to 500 referral points. He can either redeem it as cash as INR 1 per point or INR 1.33 per point if he chooses to use it to net off his brokerage charges.
Perks of Kotak Security, your referred people will get:
A Free Demat account
Brokerage rates as low as 10%
A wallet balance of 332.50 INR to head start their investment journey.
If you have ever invested in the stock market, you would know how important a secure Demat account is. Kotak securities do offer you a secured 3-in-1 Demat account.
Eligibility Criteria For A Kotak Security’s Demat Account:
To be a part of Kotak Securities, you need to have a Free Demat Account with them as well; the eligibility criteria for it are as follows:
- Only applicable to individuals not HUF.
- Not applicable for NRI clients.
- Not Applicable to any member of Kotak securities and their associates.
- Not applicable for any authorized person, Business Associates or anyone mapped under them.
Terms And Conditions
The Referrer is eligible for Referral points If,
- The referrer is an Individual resident not HUF
- The Referrer’s trading account is active.
- As per the withdrawal clause, the product is not withdrawn but active.
- The Referee’s trading account is opened within 60 calendar days from the date of acceptance by the Referee.
The Referrer is not eligible to redeem Referral points If,
- The Referee does not use the referral code orl link of the referrer during account opening.
- Ther referral points automatically lapses if are not redeemed within the 365 days of referral.
- If the Referee already had an account with kotak securities and was closed. Such reopened accounts are not considered for successful referrals.
It has always been advised to save some money for a rainy day. And, Nobody would want his hard-earned savings eroded because of inflation. Thus, it has been further added to the advice that not only save but invest your money too.
Kotak securities cover you with various investment options specializing in stocks and mutual funds. Moreover, with their referral programme, you can not only let your friends and family join you on the investment journey, but you can make money out of it.
We hope this article helps the already members of Kotak Securities make money and others to join and further earn by referring and investments.
I hope you liked our article on Kotak Refer and Earn, if you have any comments or suggestions do share them in the comments below.
Frequently Asked Questions
Q1: How do I refer and earn in Kotak Mahindra Bank?
A: If you are already a Kotak securities member, you can generate a referral code from the app. And any referred people can use that referral code at the time of installation. If you are not a Kotak security member, you may have to start by becoming one.
Q2: What is “refer and earn” in Kotak Securities?
A: “Refer and Earn” is a referral programme started by Kotak securities to join more users. In this programme, the existing users can earn as much as INR 500 by referring new members.
Q3: How do you refer and earn?
A: Any refer and earn kotak securities programme gets a substantial amount on any new user added because of your referral.
In the context of Kotak Securities, you can simply generate a referral code using your app, and if anyone uses that code at the time of installation of Kotak securities, you make as much as INR 500.
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