• Referral accounts must be opened within 60 days from their respective account registration date.
• Mutual-fund-only accounts will not be eligible to receive the referral bonus of Rs. 500; must open at least an equity account.

No. There's no limit on the number of friends you can invite to Samco. The more friends you refer, the more you earn once they start trading/ investing via Samco's platforms.

If you refer 100 friends, they open a Samco account and start trading within 60 days, you'll receive Rs. 50,000 in referral bonus. Additionally, you'll also receive 10% brokerage commission from your referred friends, for life!

Once you invite your friends to Samco and they open their account and start trading via our platforms within 60 days, you and your referred friend will earn a guaranteed referral bonus/ cash incentive of Rs. 500 in Samco ledger!

This bonus of Rs. 500 is a special reward for onboarding and encouraging your friend to trade via the Samco platforms.

Example: You invite your friend on 1st August 2022, they open their account by 5th August and place their 1st trade by 10th August, you and your referred friend will receive referral bonus of Rs. 500 by 12th August 2022 in your Samco ledger.

The referral bonus of Rs. 500 will be credited in your and your referred friend's Samco ledger within 48 hours once your friend places a trade within 60 days from his/her account registration date.

The referral bonus of Rs. 500 will be credited to your Samco ledger once your referred friend opens an account and places a trade within 60 days from the day they are invited to Samco.

Example: If you refer a friend on 1st August, they open their Samco account by 5th August 2022, and place a trade by 7th August 2022, you and your referred friend will receive the referral bonus of Rs. 500 by 9th August 2022.

But if they trade after 30th September 2022 (i.e. 60 days after the referral registration/ lead date), you and your referred friend won't be eligible to receive the referral bonus of Rs. 500, but you’ll still receive the 10% brokerage sharing from their trades for life.

Once your referred friend opens their Samco account and starts trading, you will receive 10% commission on their spent brokerage, for life.

Example: If your referred friend spends Rs. 10,000 in brokerage cost, you'll receive Rs. 1000 (i.e. 10% of the spent brokerage)

The 10% brokerage commission will be credited each day in your referral wallet, as and when your referred friend spends brokerage at Samco.

Your accumulated brokerage commission for the current month can only be withdrawn in the next month, when the withdrawal balance crosses Rs. 2000.

Once the withdrawal request is placed, you'll receive the amount in your primary bank account within 2 business days.

Example: If your referral commission accumulates to Rs. 1000 in June 2022 and Rs. 1000 in July 2022, your clear withdrawal balance for August is Rs. 2000, which can be withdrawn in August 2022.

Once you refer your friend and they open their Samco account and trade within 60 days, you and your referred friend will receive the referral bonus of Rs. 500, each, within 48 hours from their 1st trade date.

This referral bonus will be credited directly to your and your friend's Samco ledger.

If your referred friend invests Rs. 25,000 in StockBasket within 1 year of account opening, you'll receive additional Rs. 500 as incentive in your Samco ledger.

Example: You refer a friend on 1st August 2022, they open their account on 5th August 2022 and invest in StockBasket worth Rs. 25,000 by 10th August 2022, you'll receive another Rs. 500 as cash incentive.

If they invest in StockBasket after 6th August 2023 (i.e. 365 days after their account opening date), you won't be eligible to receive the StockBasket referral benefit.

Your pending referrals (i.e. referrals whose account application is incomplete) will be visible only for 60 days from their respective registration date.

If they open their Samco account within 60 days from their respective registration date, you'll receive the 10% brokerage commission from them for life in your referral wallet, and their details will be visible under "Successful referrals" in the referral table.

If they also trade within 60 days from their respective registration date, you'll also receive the referral bonus of Rs. 500 in your Samco ledger.

After the 60th day, if your referred friend has not completed his/her account application, you won’t receive any referral benefit.

Referral accounts opened before 1st August 2022 that were eligible for the benefit of free trades, will be displayed under the “Old Scheme” inside the ‘Successful Referral’ tab. You can find the details of the free trades received against each referral account on Samco Star. Visit Samco Star —>