In this article, we will discuss
Trading in the financial markets can be an excellent way to potentially grow your money and profit from quick market movements. But what if we told you that you could leverage your trading and demat account to generate passive income as well, without having to only actively trade on the markets? Sounds exciting, right?
Samco’s Refer and Earn program helps you do just that.
Continue reading to find out all about this refer and earn money scheme, its key features and some of the reasons why you should choose Samco Securities as your trading partner.
Samco’s Refer and Earn Program: An Overview
The refer and earn program is a unique initiative aimed at rewarding existing account holders who refer others to open a trading and demat account with Samco Securities. In addition to providing monetary and other benefits to existing account holders who bring in referrals, the scheme also offers many benefits to the new account holders, making the entire arrangement a win-win situation.
However, it is important to note that only active account holders who have executed a trade in the last 365 days are eligible for this scheme. Holders with inactive accounts cannot benefit from this refer-and-earn program.
Key Benefits of Samco’s Refer and Earn Scheme
Now that you have an idea of what the refer and earn money scheme from Samco Securities is, let’s check out a few of the program’s key advantages.
Gift Vouchers for Every Successful Referral
For every individual who successfully completes the trading and demat account opening process with your unique referral link and transfers a minimum of Rs. 2,000, you will be eligible to receive gift vouchers of up to Rs. 3,000 from leading lifestyle brands in India.
Here is an illustration to help you understand how the gift voucher benefit works.
Assume you refer four of your friends, all of whom successfully open a trading and demat account with Samco Securities using your unique referral link. All four individuals transfer Rs. 10,000 each to their accounts within 5 days from the date of account opening. In this case, you will be eligible to receive gift vouchers worth Rs. 12,000 (Rs. 3,000 x 4) from leading Indian food, lifestyle and electronic brands.
- Benefits for Referees
Samco’s Refer and Earn scheme is not only beneficial to you but also for the people you refer under the program. Individuals who open a trading and demat account with Samco using your referral link get to enjoy a completely free account opening process. Furthermore, the Annual Maintenance Charges (AMC) of Rs. 400 plus taxes usually levied on demat accounts will also be waived for the first year.
Uncomplicated Referral Process
Another major advantage of Samco’s Refer and Earn program is the relatively simple referral process. All you need to do is share your unique referral link with your friends. Those who are interested can simply click the link and sign up for a trading and demat account with Samco. You can share your referral link as a text message or via your preferred social media apps.
Ability to Track Referral Earnings
If you wish to know your referral earnings, you can always get a detailed history by logging into your Samco trading mobile or web application and clicking on the ‘Referral Centre’ option on the dashboard. You can get the following details from the ‘Referral Centre section of your Samco trading account.
- Number of successful referrals
- Number of pending referrals
- The amount you’ve withdrawn to date
- Earnings during the current month
- Clear withdrawable balance
- Total earnings to date
Conclusion
Samco Securities' Refer and Earn program offers a unique opportunity for existing customers to boost their earnings through steady passive income from brokerage sharing. This could be the perfect supplement to the earnings you generate from trading and investing in the financial markets.
In addition to zero account opening charges and zero demat AMC charges for the first year, referees also get to enjoy access to a reliable and efficient trading platform backed by years of industry experience.
So, what are you waiting for? Share your unique referral link with your friends today and begin reaping the benefits of Samco’s Refer and Earn scheme. If you’re not an existing customer, you can still leverage the Samco Referral Advantage. All you need to do is provide the details of a few of your friends when you open a demat account. You should start receiving the benefits of the referral scheme as soon as your account is opened, provided your referees also successfully open their accounts with Samco.
Disclaimer: INVESTMENT IN SECURITIES MARKET ARE SUBJECT TO MARKET RISKS, READ ALL THE RELATED DOCUMENTS CAREFULLY BEFORE INVESTING. The asset classes and securities quoted in the film are exemplary and are not recommendatory. SAMCO Securities Limited (Formerly known as Samruddhi Stock Brokers Limited): BSE: 935 | NSE: 12135 | MSEI- 31600 | SEBI Reg. No.: INZ000002535 | AMFI Reg. No. 120121 | Depository Participant: CDSL: IN-DP-CDSL-443-2008 CIN No.: U67120MH2004PLC146183 | SAMCO Commodities Limited (Formerly known as Samruddhi Tradecom India Limited) | MCX- 55190 | SEBI Reg. No.: INZ000013932 Registered Address: Samco Securities Limited, 1004 - A, 10th Floor, Naman Midtown - A Wing, Senapati Bapat Marg, Prabhadevi, Mumbai - 400 013, Maharashtra, India. For any complaints Email - grievances@samco.in Research Analysts -SEBI Reg.No.-INHO0O0005847
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