1. You must hold a Samco account with equity and F&O derivatives (both) trading segments enabled to receive the Rs. 500 referral bonus. If you have only equity segment enabled, you’re eligible to refer someone but you’ll receive only the 10% brokerage sharing from them, for life.
2. Referral accounts must be opened within 60 days from their respective account registration date.
3. The referred friend must make a minimum pay-in (fund his/her trading account) with Rs. 5,000 (1st pay-in) and start trading within 60 days from his/ her account registration date. If your referred friends make partial payments or do a pay-in less than Rs. 5,000, you won’t be eligible for the referral bonus of Rs. 500; you’ll still receive the 10% brokerage sharing from them.
4. Mutual-fund-only referral accounts will not be eligible to receive the referral bonus of Rs. 500. Moreover, your referred friends must open a 3-in-1 account with all the trading segments enabled (i.e. equity cash, mutual fund, and future & options).

Yes. The referral bonus of Rs. 500 will be capped at 50 referral accounts opened after 1st August 2022.

Post 50 referrals, you as the introducer, will still receive the 10% brokerage commission from the referred friends in your referral wallet, as and when they trade.

Once your referred friend opens a Samco account with equity, mutual funds and F&O segments enabled, makes a minimum pay-in (fund his/her trading account) with Rs. 5,000 (1st pay-in), and starts trading via our platforms within 60 days, you and your referred friend will earn a guaranteed one-time 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 with all trading segments enabled by 5th August, transfers Rs. 5,000 (1st pay-in) in their trading account and then place their 1st trade by 10th August, you and your referred friend will receive the one-time referral bonus of Rs. 500 by 17th August 2022 Samco ledger.

The referral bonus of Rs. 500 will be credited to you and your referred friend's Samco ledger within 7 working days once your friend transfers Rs. 5,000 (1st pay-in) in his/her trading account and places a trade. The conditions of account opening, minimum pay-in, and 1st trade must be met 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 with equity, mutual funds and F&O segments enabled, do a minimum pay-in (fund his/her trading account) with Rs. 5,000 (1st pay-in), and places a trade within 60 days from his/her account registration date.

If your referred friends open accounts within 60 days, but make partial payments or do a pay-in less than Rs. 5,000, or start trading after the 60th day, you and your referred friends won’t be eligible for the referral bonus of Rs. 500; you’ll still receive the 10% brokerage sharing from their trades for life!

Example:
If you refer a friend on 1st August, they open their Samco account by 5th August 2022, transfer Rs. 5,000 (1st pay-in) in their trading account, and then place a trade by 7th August 2022, you and your referred friend will receive the referral bonus of Rs. 500 by 14th 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 daily 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. 2,000.

Once the withdrawal request is placed, you'll receive the amount in your primary bank account by the 10th of the following month.

Example: If your referral commission accumulates to Rs. 1,000 in June 2022 and Rs. 1,000 in July 2022, your clear withdrawal balance for August is Rs. 2,000, which can be withdrawn in August 2022, and you’ll receive the amount by 10th September 2022.

Once your referred friend opens his/ her Samco account with all trading segments enabled, makes a minimum pay-in (fund his/her trading account) of Rs. 5,000 (1st pay-in) and trades within 60 days, you and your referred friend will receive the referral bonus of Rs. 500, each, within 7 working days from his/her 1st trade date.

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

If your referred friend invests Rs. 25,000 in StockBasket within 1 year from their account opening date, you'll receive additional Rs. 500 as cash bonus 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 bonus.

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 with all trading segments enabled, make a minimum pay-in (fund his/her trading account) of Rs. 5,000 (1st pay-in) and trade within 60 days from their respective registration date, you'll receive the referral bonus of Rs. 500 in your Samco ledger. Their details will be visible under “Successful referrals” in the referral table.

Moreover, you'll also receive the 10% brokerage commission from their trades for life in your referral wallet.

After the 60th day, if your referred friend has not completed his/her account application, you won’t receive any referral benefit and such referral will be unlinked from your account; Samco will consider them a direct account (which is not mapped under any referral code).

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 —>