You must have heard about many referral programs like you refer to one of you dear ones and you get some Rs. X in your wallet, but have you ever heard about something that will incentivise you when your dear ones start their wealth creation journey with us, let’s us first what exactly is StockBasket and how its referral program work.
What is StockBasket?
StockBasket as the name simply suggests, is a carefully expert-curated ready-made basket of stocks in which you can invest just with one click.
StockBasket has been designed keeping in mind of retail investors like you. It is built based on these following 4 variables in mind.
- Financial goals
- Long-term theme
- Risk appetite
- Time horizon
You can watch this video to know more about StocksBasket, click here to watch now!
Let us now understand How the Referral Program works:
The main reason behind this referral program is to empower you to share your wealth creation secret with your dear ones, the program is also a win-win situation for you and your dear ones.
Benefits of the Referral Program
- Instant benefit of 20 free trades for you and your dear ones.
- 10% lifetime brokerage commission for you.
- One year free Demat account and first-month Brokerage Cashback for your dear ones.
- StockBasket’s Digital India Basket gave a whopping return of 57.26%, make sure your dear ones invest in StockBaskets and enjoy the superior returns.
- Last but not the least, you get Rs. 1,000 cash for every referred customer buying baskets worth Rs. 1,00,000 within 12 months of account opening.
How to refer your friends and family?
Generate your personal referral link & share it on any of the social media platforms from Samco Star.
Share your friends’ details in the referral form on Samco Star & we will send them invites on their mail IDs.
Isn’t that easy!
We would love it if you could spread the word and help your friends and family to start their wealth creation journey with the Better Investment “StockBasket“
1. How does the Referral Program work?
Once your referrals open a Samco account, you get a 10% brokerage commission for life, and 20 free trades from each referral (once they start trading). Additionally, earn Rs. 1,000 cash incentive once your referrals purchase StockBasket(s) worth Rs. 1,00,000 within 1 year of account opening.
2. What is your earning potential in the Referral Program?
Once you refer clients to Samco, you shall receive 10% of their brokerage contribution for life. Example: If their brokerage contribution amounts to Rs. 10,000 in a month, you shall receive a sharing of Rs. 1,000.
Moreover, if your referrals purchase 1 StockBasket or several StockBaskets amounting to Rs. 1,00,000 in value, you are entitled to another Rs. 1,000 in cash incentive per referral account. So, if 10 referrals purchase the same, you can earn Rs. 10,000 in cash.
3. When will the referral incentives be processed?
The payout of the Rs. 1,000 cash incentive per referral on StockBasket purchases worth 1lakh will be processed once the requisite conditions are met. And the 10% lifetime brokerage commission on every successful referral, will be processed by the 15th of every month.
4. Are your past referred customers* still eligible for the Rs.1,000 cash incentive of StockBasket?
Yes. The past referred customers* are eligible for the Rs. 1,000 cash incentive per referral account posts their purchases of StockBasket(s) worth Rs. 1,00,000 by 14th Dec 2021 (*Past referred customers are those customers who were referred before 15th Dec 2020).
Clients referred after 15th Dec 2020, are eligible for the Rs. 1,000 cash incentive per referral on StockBasket(s) purchases worth Rs. 1,00,000 within a period of 1 year from account opening.