For Referrer :

1. Successful referral is defined as one who opens account and executes trade with Angel One Ltd. within 60 days.
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 voucher worth Rs 250 on a successful referral. A successful referral is defined in Point 1 along with the offer eligibility criteria.
4. 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. And will not be extended beyond this.
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
12. There is no limit on Number of referrals a single client can give.
13. The referrer will be rewarded maximum within 30 days of a successful referral.
14. Acquisition of clients by offering any kind of trade inducement and any pattern observed in this regard will be liable for disciplinary action.

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. Brokerage Reversal upto Rs 500/- for first 30 days from the day of account opening with Angel One.
2. MTF cashback of Rs 500 for first 30 days from the day of account opening 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

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