Fill in below details to refer

Terms and Conditions

For Referrer :

    1. Successful Referral implies Referee has opened an account with Angel One, downloaded Angel One Mobile App 
    2. The Referrer will be rewarded with the offer valid at the date/time of Referee’s account opening and not with the offers running at the date/time of referring
    3. The Referrer will get a gift voucher worth Rs 150 on referee’s account opening
    4. Gift vouchers will be sent on Referrer’s registered email ID, SMS and mobile notification
    5. For every referral, Referrer is required to generate a new link from his app in order to avail the latest rewards seen inside Angel One’s App. If customer shares an older link he may not be eligible for our latest offers
    6. The gift voucher is valid for 30 days from the date of issuance
    7. Eligible Gift vouchers can only be redeemed using registered name & phone number of the referrer with Angel One
    8. The Referrer should be an existing client/customer with Angel One Ltd
    9. The offer is not applicable for Angel One Channel Partners, Sub-Brokers, Digital Referral Associate, B2B Customers,Employees & Authorized persons
    10. Any disputes relating to the offer will not be dealt on the Exchange platform
    11. Angel One reserves the right, in its absolute discretion, to change, alter or discontinue the offer and alter the terms and conditions from time to time & will prior communicate to clients

For Referee

    1. Please note: The offer fulfillment will be done upon conversion of referral leads. The Referee will be rewarded with the current referral offers and not with the offers running at the date/time of referring.
    2. On signing up referee will get:
      1.  If Referee is younger than 25 years of age:
        • Brokerage Cashback of upto Rs 2000 for trades done in 1 year from account opening
      2.  If Referee is of 25 years or older of age:
        • Brokerage Cashback of upto Rs 1000 for all Futures & Options trades done for first 30 days of account opening (Brokerage for all trades excluding Future & Options will not be included in the reversal)
        • Brokerage Cashback of upto Rs 500 for all Non-Futures & Options trades done for first 30 days of account opening (Brokerage for all trades excluding Future & Options will be included in the reversal)
      3. MTF cashback of Rs 500 for first 30 days from the day of account opening with Angel One.
      Note: Age as on Account opening date with angel one.
    3. Margin Funding as subject to the provisions of SEBI Circular CIR/MRD/DP/54/2017 dated June 13, 2017 and the terms and conditions mentioned in rights and obligations statement issued by the Angel Broking Ltd
    4. For MTF , Validity of this offer will be 30 days from the day of account opening with Angel One.
    5. For MTF, Interest up to ₹500 will be reversed forth nightly
    6. Standard interest rate for MTF of 18% p.a will be applicable on margin post reversal of Rs. 500
    7. Brokerage cashback will be credited to Client ledger within 7 days of 30 days completion of Referee with Angel One
    8. The Referee should download and login to the Angel One app within 7 days of account activation
    9. If the Referee is already registered in the Angel One database as an existing client or potential client, then it will not be considered as a valid referral and he/she will be devoid of the Referral Program
    10. No details regarding Referrer name/Referrer code will be provided to the Referee or vice e versa
    11. In the account opening journey, the Referee must enter the Introducer code to avail benefits of the referral program. If not entered, no benefits will be provided to the Referrer or Referee.
    12. If the referee details provided are incomplete/incorrect/invalid, the Referrer will not be entitled to any reward under the Referral Program

Gift Vouchers

FAQs

Who is a referrer?

Referrer is an existing client of Angel One, who refers his friends/family for opening Free Demat with Angel One.

What benefits or reward will the referrer get?

On every Successful referral, the referrer will get a gift voucher worth Rs 150 post referee’s account opening.

What is a successful Referral?

Successful Referral implies Referee has opened an account with Angel One, downloaded Angel One Mobile App.

What is the eligibility criteria for the Referral Program?

To be eligible for Angel One Referral Program one should be retail customer of Angel One Limited. 

The offer is not applicable for Angel One Channel Partners, Sub-Brokers, Digital Referral Associate, B2B Customers, Employees & Authorized persons.

What benefits or reward will the referee get?

On signing up referee will get:

a) If Referee is younger than 25 years of age:

  1. Brokerage Cashback of upto Rs 2000 for trades done in 1 year from account opening

b) If Referee is  of 25 years  or older of age:

  1. Brokerage Cashback of upto Rs 1000 for all Futures & Options trades done for first  30 days of account opening (Brokerage for all trades excluding Future & Options will not be included in the reversal)
  2. Brokerage Cashback of upto Rs 500 for all Non-Futures & Options trades done for first  30 days of account opening (Brokerage for all trades excluding Future & Options will be included in the reversal)

c) MTF cashback of Rs 500  for first 30 days from the day of account opening with Angel One.

Does the referrer need to keep margin in his/her Demat Account to receive the reward?

Referrer does not need to maintain margin criteria for the Referral Program.

If a client does not have an Angel One account, can he avail of the Referral Program?

No, the client cannot give a reference if he/she does not have an account with Angel One. Client code is mandatory for processing.

What information is required to be provided by the referrer while referring?

While referring, the referrer is required to provide a client code or registered mobile number, along with the name, address and contact details of the referee.

How will the referrer and referee be rewarded?

All the reward details will be shared individually with the referrer and referee on their registered phone number and email address.

When will the referrer and referee be rewarded?

  1. The referrer will be rewarded within 7 days of account opening of the referee.
  2. The referee will be rewarded within 30 working days after successfully completing the first month of trading.
  3. Post completing the respective mandatory time period, Referee is advised to check their ledger to view the brokerage cashback.

Where to address the queries related to the Referral Program?

All queries related to the Referral program should be addressed at [email protected]