Samco Refer and Earn program

Refer and earn up to ₹3,000*

Refer your friends to Samco and earn gift vouchers worth up to ₹3,000* for every successful referral, and 10% lifetime brokerage sharing.

Your Details

Get your referral bonus on opening a Samco account

Your Details

Refer More. Earn More.

Add More Add Contacts Maximum 5 contacts are allowed.
Track Your Referral Earnings ⟶

Gift Vouchers

Refer & Earn benefits

Benefits for you

Rupee3,000*

Rupee

Gift voucher

10%

Percentage

Brokerage sharing from your
friends’ trades, for life

Benefits for your friend

Free

✓ Account opening
✓ Demat AMC for the 1st year

Samco refer and earn idea

Over ₹40 Lakhs bonus earned by our customers since Jan'23. What are you waiting for? Refer your friends to Samco today and start earning!

Avg. 2 Referrals/ User

3-Step Refer & Earn process

1

Share link

Share your referral link with your friends via social apps.

2

Friend signs up

Your referred friend signs up using your referral link.

3

Earn bonus

Once your friend starts investing, you'll receive your referral bonus.

Why our clients love us

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The customer service provide by Samco is exceptional. The team is responsive and helpful, providing quick support when needed.

Karun Beri

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Explore a wide range of IPOs and stocks with the app’s comprehensive market coverage.

Aditya Goel

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Less brokerage and easy to operate

Vijay Ghali

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Great experience using Samco, better than other trading app

Sharda Jain

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The user-friendly interface of the Samco app is very popular. It enables smooth and fast trading, enhancing the overall trading experience

Sahil Atur

Blogs

FAQ's

Q
What are the referral benefits for you and your friends?
-
A

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

Referral benefit for you:

  • Gift vouchers worth up to ₹3,000* once your friend opens a Samco account and starts investing.
  • 10% brokerage sharing from your referred friends’ trades, for life.

Referral benefit for your friend:

  • Zero cost for opening demat account.
  • Zero demat AMC for the 1st year.

Note:

  • This referral offer is valid until 31st Mar'24.

Q
Is there any limit to refer someone to Samco?
+
A

Yes. The referral bonus worth up to ₹3,000* will be capped at 20 referral accounts this month.

Q
When will I get the referral bonus of gift vouchers?
+
A

Upon meeting the eligibility conditions, the gift vouchers will be disbursed within 7 days.

Note: The gift vouchers will expire within 7 days from the date of issuance.

Q
How can I claim the gift vouchers?
+
A

Upon meeting the eligibility conditions, you'll receive gift vouchers worth up to ₹3,000* on each referral. Follow the below-mentioned steps to claim the vouchers.

  1. Visit the referral dashboard on the Samco App/Web and click on the "Claim Now" button.
  2. Select the preferred gift voucher from the web page.
  3. Fill in your personal details, like email ID or mobile number, to receive the gift voucher code.
  4. Enter the unique voucher code received via email/SMS on the respective brand apps to enjoy the benefits.

Q
What is brokerage sharing?
+
A

Once your referred friend starts investing, you will receive 10% brokerage sharing on their spent brokerage, for life.

Example: If your referred friend spends ₹10,000 in brokerage, you'll receive ₹1,000 (i.e. 10% of his/her spent brokerage).

Q
How will I get the brokerage share?
+
A

The 10% brokerage sharing will be credited daily to your referral wallet, as and when your referred friend spends brokerage at Samco.

Your accumulated brokerage sharing for the current month can only be withdrawn in the next month, when the withdrawal balance crosses ₹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 sharing accumulates to ₹1,000 in Apr. 2024 and ₹1,000 in May. 2024, your clear withdrawal balance for June. 2024 is ₹2,000, which can be withdrawn in June. 2024, and you’ll receive the amount by 10th July. 2024.

Q
Why am I not able to refer my friends to Samco?
+
A

Participation in the referral program is restricted to active investors of Samco, and inactive accounts will not be eligible for referral benefits.

Terms & conditions

T&Cs updated on 1st March 2024

  • An introducer/ referrer is a Samco customer who refers prospective customers to open a trading and demat account 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.
  • Account opening date is the date when a referee successfully opens their Samco account.
  • Referral bonus of gift vouchers worth up to ₹3,000 is the benefit that the referrers get once the referees open a Samco account, transfer at least ₹2,000 (1st pay-in) and start investing.
  • The referral bonus of gift vouchers on each referral account will be processed within 7 days, once the introducers meet the eligibility conditions for the bonus.
  • The gift vouchers will expire within 7 days from the date of issuance.
  • The introducer must be trade-active in the last 365 days to participate in the referral program. Referrals from inactive customers will not be linked to any introducer’s referral code.
  • The referral bonus of up to ₹3,000 may vary across different referrers.
  • The 10% brokerage sharing is the benefit that the referrers get from his/her referees, and will be credited daily in the referral wallet, as and when the referees trade. The payout of the brokerage sharing will be processed once per month.
  • Only the introducers of referral accounts are eligible for the referral bonus worth up to ₹3,000.
  • The referrer will be rewarded with the bonus valid at the time of referee’s account opening.
  • If the referrer has a mutual-fund-only account enabled, he/she won’t be eligible to participate in the referral program and receive the benefits.
  • The referee must open a trading and demat account with Samco using the referrer’s referral link only.
  • If referees trade after 30 days from their respective account registration date, the referrer will only receive the 10% brokerage sharing from those referees.
  • If referee accounts are opened after 30 days from their respective account 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).
  • The referral bonus will be capped at the first 20 successful referral accounts per month. Samco reserves the right to withhold the referral bonus of up to ₹3,000 for referrers with successful referral accounts over 20.
  • Samco reserves the right to ban referrers from the referral program.
  • If details of the referred client already exist in the Samco database as an existing client, a lead, or someone who has previously installed the Samco trading app, they will not be considered for the referral benefits. Samco reserves the right to exclude the said accounts for the calculation of referral benefits.
  • 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.
  • Introducers and referees must ensure that they have read, understood, and agree to abide by this policy, Samco’s terms & conditions, privacy policy, and policies & procedures on Samco’s websites.
  • 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:
    • Shall not offer any scheme /plan/ brokerage cashbacks/ certificates/ medals/ gifts/ prizes/ coupons/ tokens to referees which compel them to open accounts or undertake/execute trades/transactions with Samco, in order to avail/continue to avail certain benefits under the referral program.
    • 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.
    • Spam, bulk distribution of invitations, distribution to strangers, or any other promotion of Samco’s Referral offer through invitations that would constitute or appear to constitute unsolicited commercial e-mail, SMS, publishing any article or content about Samco’s products, services, etc.
    • Advertisements of any kind or form about Samco’s product and services on mediums like pamphlets, circulars, brochures, notices or research reports, or any other literature or material published or designed for use in a newspaper, magazine, SMS, or other channels like radio, television, telephone or tape recording, video tape display, signs or billboards, motion pictures or other public media including any generally accessible websites, whether in print or audio-visual form or used in workshop/seminar or public speaking or in any other manner, including social media (Facebook, Instagram, YouTube, etc), or spam under any applicable law or regulation.