Frequently Answered Questions (FAQs)

  1. Start referring as many as friends you want

  2. Once they open an account with us and start trading, you will start earning
  1. 10% share of the brokerage revenue from them for a lifetime
  2. Credit of ₹ 500 in your account when your friend places the first trade online
  3. Your friend will also get ₹ 500 brokerage cashback* on opening an account with us

Here is a quick illustration of how you can start earning

Month

Total Friends You Refer

Your Friends Who Actually Open an Account With Us

Brokerage Generated through Online Platforms By Your Friends

Your 10% Brokerage Share for The Month

Rs. 500 Earning/Successful Account Open

Your Total Income for The Month

Jan

30

30

8,50,000

85,000

15,000

1,00,000

Feb

40

70

8,00,000

80,000

20,000

1,00,000

Mar

50

120

7,50,000

75,000

25,000

1,00,000

Apr

50

170

7,50,000

75,000

25,000

1,00,000

May

50

220

7,50,000

75,000

25,000

1,00,000

Jun

50

270

7,50,000

75,000

25,000

1,00,000

Jul

50

320

7,50,000

75,000

25,000

1,00,000

Aug

50

370

7,50,000

75,000

25,000

1,00,000

Sep

50

420

7,50,000

75,000

25,000

1,00,000

Oct

50

470

7,50,000

75,000

25,000

1,00,000

Nov

50

520

7,50,000

75,000

25,000

1,00,000

Dec

50

570

7,50,000

75,000

25,000

1,00,000

Total

570

 

91,50,000

9,15,000

2,85,000

12,00,000

 

Your Total Earnings

It is an online referral program for our existing customers, who can refer their friends to open a Trading & Demat account with Axis Securities Limited (ASL). If your friend has successfully opened account with ASL within T+1 month from the initiation date of account opening process, you would receive 10% brokerage generated by your friend till he/she trades as incentive and Rs.500 on first trade done online by your friend as a referral reward.

Your friend on the other hand will receive upto Rs.500 brokerage cashback on successful account opening, provided he/she has incurred a cumulative brokerage of Rs.500/- or more by T+1 month post account opening.

Note: The incentive to a single Referrer shall not exceed Rs.1 lakh in a calendar month.

For each successful referral i.e. referee’s account opened successfully within T + 1 Month from the date of account opening process initiated, you will receive 10% brokerage as incentive and Rs. 500 cashback on first trade done online by your friend as the referral reward which will be credited to your ledger account on T+2 Month (T being the month of account opening).

Your friend will receive the benefit of upto Rs.500 brokerage cashback on successful account opening within T + 1 Month from the initiation date of account opening process. He will get a brokerage cashback upto Rs 500 on basis of brokerage generated during T+1 month post account opening.

Referring your contacts is a quick 4 step process

Visit Refer and Earn Page > Enter your client id > Generate link > Copy & Share with your friends.

Login to your account > Click on View/Edit Profile > Account Details

The referral rewards will be credited directly to your ledger account in T + 2 Month.

Your friend needs to open an account by clicking on the unique referral link that has been shared by you. If he/she opens an account without clicking on the referral link then in such case you will not be eligible for the referral reward.

Note:

An employee of ASL /Axis Bank or any associate/group entity of ASL/Axis Bank, and any of the relatives (Spouse, parents, children, siblings, HUF) or associates of the above employee are not eligible to become Referrer under the scheme

If the referee is already registered in the Axis Direct database as an existing client or potential client, then it will not be considered as a valid referral and the same will be devoid of this Refer & Earn Program

Referred clients from one Client ID shall not be transferable to another Client ID

No incentive amount shall be paid out to any Referral, in case the Client ID/Trading account of the Referral has been closed/deactivated for any reason whatsoever

The referral offer is open only to Resident Indian clients who have an account with Axis Direct.

No, a client can refer any number of customers but to be eligible for this program he/she has to refer minimum 5 completed referrals.

This "Refer and Earn" program is strictly meant for clients. Hence, all employees & relatives of Axis Securities and Axis Group, Business Partners (Self & relatives) are not eligible for this "Refer & Earn" program.

DISCLAIMER

Axis Direct is a brand under which Axis Securities Limited offers its retail broking and investment services. Investments in the securities market are subject to market risks. Read all the related documents carefully before investing. This information is only for consumption by the client and such material should not be redistributed. Disclaimer & Statutory Information