Samco securities limited

Invite friends & earn 500

Trading and investing is better with friends. Invite friends to Samco and earn 500, 10% lifetime brokerage sharing, and more. Your friends get
500 too!

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Samco Referral Program

Referral benefits

Now you and your friends can enjoy a host of benefits just by introducing them to the trading universe of Samco!

Benefits for you

500*

Referral bonus for you.

1

10%

Brokerage commission from your friends' trades.

2

500*

On StockBasket purchases by your friend.

3

Benefits for your friends

500*

Referral bonus for your friend.

1

100%

Brokerage cashback for 1st month on StockNote.

2

3-easy steps to win rewards

Share your referral link

Share your referral link with your friends via WhatsApp, Telegram, or other social apps.

Nudge friends to open Samco A/c

Nudge your friends to sign up and open a free Samco account using your referral link within 60 days.

Encourage them to trade

Encourage your friends to place their 1st trade within 60 days to receive the referral bonus of
500 per referral.

Why our clients love us

Shraddha Santosh Padad

Mumbai, Maharashtra

I have been using StockNote since 2019 now and i can say it is definitely a user-friendly app. I had no idea how to trade but I am learning new things from this everyday. I had referred this app to my friend as well and got free trades on the stocknote app

Prachi Dinesh Jadhav

Mumbai, Maharashtra

GTT ORDERS are good. I have used them on stocknote app and it is actually a good feature that help u to place orders at the right time. I have told this to my friends and they also tried it out, we both got referral rewards

Pankaj Nana Gaikwad

Mumbai, Maharashtra

My friend had referred me to samco and I am a big fan of their stockbasket app. I personally dont know what stocks i should buy, but stockbasket is reliable. Thank you Samco.

FAQ’s

Q
How does Samco’s Referral Program work?
-
A

Refer a friend to Samco and you’ll both receive the following benefits:

Referral benefit for you:

  • Rs. 500 referral bonus when your referred friend opens a Samco account and trades within 60 days from their account registration date.
  • 10% brokerage sharing from your referred friends, for life.
  • Rs. 500 when your friend invests in StockBasket worth Rs. 25,000 within 1 year of account opening.

Referral benefit for your friends:

  • Rs. 500 when they open a Samco account and trade within 60 days from their account registration date.
Q
What are the eligibility conditions to receive the referral bonus of Rs. 500?
+
A
  • 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.
Q
Is there any limit to referring clients?
+
A

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!

Q
What is the referral bonus?
+
A

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.

Q
When will I get the referral bonus of Rs. 500?
+
A

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.

Q
How will I get the referral bonus of Rs. 500?
+
A

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.

Q
What is the referral commission?
+
A

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)

Q
How will I get the referral commission?
+
A

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.

Q
What will my referred friends get?
+
A

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.

Q
What is the StockBasket referral benefit?
+
A

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.

Q
Why can't I see my pending referrals after 60 days?
+
A

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.

Q
Where can I see my previous referral benefit of free trades?
+
A

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 —>

Terms & conditions

  • An introducer/ referrer is a Samco customer who refers a prospective customer to open a trading and demat account by using their unique referral link or code.
  • The referred friend/ referee is a customer who opens the trading and demat account with Samco using the referral code or link of an existing Samco customer.
  • The referral registration date is the date when a referee submit their personal details and begins their account opening process for the first time.
  • Account opening date is the date when a referee successfully opens their Samco account.
  • Referral bonus is the benefit that the referrers and referees get once they successfully open their Samco demat and trading accounts and start trading within 60 days from their referral registration date.
  • There is no upper limit on the number of referrals or referral rewards.
  • The referrer must hold atleast an equity account to participate in the referral program. If the referrer has a mutual-fund-only account, he/she won’t be eligible to participate in the referral program and receive the benefits. Even the referee must open atleast an equity account to receive their referral reward.
  • Your referee must open a trading and demat account with Samco using your referral code only.
  • Referrer will receive the referral bonus of Rs. 500 for each referral once the referee account is opened and they start trading within 60 days from their referral registration date.
  • The ledger credit of Rs. 500 referral bonus on each referral account will be made as per the Samco payment settlement policy.
  • If details of the referred client already exist in the Samco database as an existing client or as a lead client, then it will not be considered under this scheme for referral benefits, and Samco reserves the right to exclude the said accounts for calculation of referral benefits.
  • If referral accounts are not opened on or before 60 days from their respective lead registration date, Samco has the right to remove the said referrals from under the respective introducers and consider them a direct account (which is not mapped under any referral code).
  • All the verification and account opening processes will be carried out by the Samco team, and the team reserves the right to reject the case depending on compliance requirements and the company’s existing policies and procedures.
  • Management reserves all the rights to modify or terminate the arrangement of the scheme at any time without prior notice. The decision of Samco on all matters relating to, or in connection with the use of this offer shall be final and binding on all parties concerned.
  • Samco reserves the right to carry out checks and controls as it deems fit and proper, before the credit of referral reward to the referrer and referee.
  • Referrer agrees that the following activities are expressly prohibited and engaging in any of these will lead to the initiation of legal and criminal action against you, and also result in immediate termination and disqualification from the referral program, forfeiture of existing referral invitations and accrued, but not yet received, referral rewards:
    • Selling, trading, bartering, or providing anything of value to your referees beyond the referral invitation or otherwise using your program invitations or rewards for promotional purposes.
    • Organizing competitions, online contests, etc.
    • Any act or omission resulting in damage to Samco in any form whatsoever in nature.