Zerodha application is India's biggest stock broker in terms of active clients. This is a platform where millions of people place orders every day. Users here can invest in almost everything.
For instance, the stock market, mutual funds, and much more. This application keeps every price or charges transparent and upcoming discounts are amazing.
In addition, the makers behind this app also run many online educations and have taken initiatives to enlarge retail traders and investors.
Another best part about Zerodha is that they have “refer and earn” options. You can refer a friend and earn 300 reward points. And when your friend pays their first brokerage you will earn 10%.
Click To Copy Zerodha Referral Code
Zerodha Referral Code (Video Tutorial)
Zerodha Referral Code Earn Upto ₹ 1600
Better app Referral Code | AUTCIP |
|---|---|
Signup Reward | Upto ₹800 |
Earn per Referral | Upto ₹1600 |
Invite a Friend program | Only For App |
Redeem | PayTm UPI, Bank Account |
Click To Copy Zerodha Referral Code
How to avail of this offer/How to refer to a friend?
- Once, you have successfully joined the application after the verification process.
- You will find an option of inviting your friends and earning rewards. Tap on that to get a referral link.
- You can share it with your friends and family, once they sign up and become a member of Zerodha. You will get 300 reward points.
- And when they pay their first brokerage you will earn 10% of it.
- You can withdraw those earned points and rewards when you reach Rs 1000.
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How to Sign up for the app
To sign up for the Zerodha application, you need basic documents like a PAN card, Aadhar card, and your signature:
- Visit the Zerodha website, on top of the homepage you will see an option for sign-up. Next, enter your mobile number and continue to confirm OTP.
- Next, you will have to enter your PAN number and date of birth, then click on continue.
- The next page will be your 'pay account opening fee'. Here, you can either enter your UPI number or card details.
- After paying and continuing, you will see Aadhar KYC, click on 'continue to Digilocker'. Then, enter your Aadhar number and confirm with OTP and allow access.
- Once you see 'success', you will be directed to your profile page. Fill up all the necessary details.
- The next step is to link your bank account with Zerodha so that verification can be done via webcam.
- Then, you can upload document proofs. And then you e-sign for your equity to complete signing up.
How to avail offers/How to refer a friend on the Zerodha app?
To refer a friend, follow the steps below:
- Once, you have successfully joined the application after the verification process.
- You will find an option of inviting your friends and earning rewards. Tap on that to get a referral link.
- You can share it with your friends and family, once they sign up and become a member of Zerodha. You will get 300 reward points.
- And when they pay their first brokerage you will earn 10% of it.
- You can withdraw those earned points and rewards when you reach Rs 1000.
Withdrawal/redeem process
The withdrawal process of the Zerodha app is quite easy and simple.
- Open the application, and go to your account.
- Next, tap on the Funds icon to see your total funds' details. Then tap on Equity.
- Next click on the withdrawal option.
- Now you can see the total amount that is withdrawable from Zerodha. Enter the amount you want to withdraw and then tap on continue.
- Enter to confirm your bank details, the funds will get transferred to your bank account within 24 hours.
Advantages and disadvantages of using the app
Advantages:
- Zero brokerage on delivery trades.
- India's biggest stockbroker.
- Supports refer and earn option
- Available in both online and offline account opening formats.
- Considered the best and most affordable brokers in India.
Disadvantages:
- Zerodha doesn't offer banking facilities, which means it doesn't have a three-in-one trading account.
User reviews of the following app
Conclusion
Overall, the Zerodha app is the best and cheapest broker application in India. The verification process states that they are a genuine and reliable platform for users who want to invest in mutual funds, trade, or on other things. The available discounts, offers, and refer and earn rewards keep its users engaged.
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Frequently Asked Questions
Does the Zerodha app have "refer and earn"?
Yes, the Zerodha app has a "refer and earn" option. You can share it with your friends to invite them and be a part of India's biggest broker community.
Where can I find the Zerodha referral code?
You can find the Zerodha referral code in the application itself. On the section 'Console' you will see a link that you can copy to share it with others.
What is the referral amount of the Zerodha?
On every referral, you will get 300 reward points. And when your friend purchases their first brokerage you will get 10% of it.