Are you looking for a way to earn extra income on the side? Have you heard of the SBI Securities Refer and Earn Program? This referral program is an excellent opportunity for you to earn money by referring your friends and family to SBI Securities.
In this article, we will provide you with a comprehensive guide on the SBI Securities Refer and Earn Program, including how it works, eligibility criteria, benefits, steps to refer and earn, tips for maximizing your earnings, and frequently asked questions. We will also discuss other referral programs offered by SBI Securities and how to sign up for the SBI Securities Refer and Earn Program.
Introduction to SBI Securities Refer and Earn Program
SBI Securities is a subsidiary of SBI, one of the largest banks in India. It is a leading online brokerage firm that offers a wide range of investment products and services such as stocks, mutual funds, IPOs, bonds, and more. The SBI Securities Refer and Earn Program is a referral program that rewards both the referrer and the referee for participating in the program.
How does the SBI Securities Refer and Earn Program work?
The SBI Securities Refer and Earn Program is an easy and straightforward way to earn money. As a referrer, you need to refer your friends and family to SBI Securities by sharing your referral link or code with them. Once your referral signs up and opens a trading account with SBI Securities, you will receive a referral bonus. Your referral will also receive a welcome bonus for opening the account through your referral link or code.
The referral bonus amount varies depending on the type of account your referral opens. For example, if your referral opens a Demat and Trading account, you will receive a referral bonus of Rs. 500. If your referral opens a Demat account only, you will receive a referral bonus of Rs. 200. The referral bonus will be credited to your account within 15 days of your referral opening the account.
Benefits of participating in the SBI Securities Refer and Earn Program
The SBI Securities Refer and Earn Program offers several benefits to both the referrer and the referee. As a referrer, you can earn extra income by referring your friends and family to SBI Securities. The referral bonus amount is a good incentive to participate in the program. Moreover, there is no limit to the number of referrals you can make, which means you can earn as much as you want.
As a referee, you can enjoy the benefits of opening an account with a reputable online brokerage firm. SBI Securities offers a wide range of investment products and services, competitive brokerage rates, and excellent customer support. Moreover, you will receive a welcome bonus for opening the account through a referral link or code.
Eligibility criteria for the SBI Securities Refer and Earn Program
To be eligible for the SBI Securities Refer and Earn Program, you must have an active trading account with SBI Securities. You can refer your friends and family who do not have an account with SBI Securities. However, they must open an account within 30 days of receiving your referral link or code. Moreover, your referral must not be an existing customer of SBI Securities or have opened an account with SBI Securities in the last six months.
Steps to refer and earn with SBI Securities
- Log in to your SBI Securities account.
- Go to the “Refer and Earn” section on the website or mobile app.
- Share your referral link or code with your friends and family through social media, email, or messenger.
- Your referral should open an account with SBI Securities within 30 days using your referral link or code.
- Once your referral opens an account, you will receive a referral bonus within 15 days.
Tips for maximizing your earnings with the SBI Securities Refer and Earn Program
Here are some tips to help you maximize your earnings with the SBI Securities Refer and Earn Program:
- Share your referral link or code with as many people as possible through various channels such as social media, email, and messenger.
- Encourage your referrals to open a Demat and Trading account to receive a higher referral bonus.
- Follow up with your referrals to ensure they have opened an account within 30 days.
- Provide your referrals with information about the benefits of opening an account with SBI Securities.
- Keep track of your referrals and earnings to monitor your progress.
Frequently asked questions about the SBI Securities Refer and Earn Program
- What is the maximum referral bonus amount I can earn? There is no limit to the number of referrals you can make, which means you can earn as much as you want.
- How long does it take to receive the referral bonus? The referral bonus will be credited to your account within 15 days of your referral opening the account.
- Can I refer my family members who already have an account with SBI Securities? No, your referral must not be an existing customer of SBI Securities or have opened an account with SBI Securities in the last six months.
Other referral programs offered by SBI Securities
Apart from the SBI Securities Refer and Earn Program, SBI Securities also offers other referral programs such as the “Invest and Earn” program and the “Trading Carnival” program. These programs offer different incentives and rewards for participating in them.
How to sign up for the SBI Securities Refer and Earn Program
To sign up for the SBI Securities Refer and Earn Program, you need to have an active trading account with SBI Securities. Once you have an account, you can log in to the website or mobile app and go to the “Refer and Earn” section to access your referral link or code.
Conclusion and final thoughts on the SBI Securities Refer and Earn Program
The SBI Securities Refer and Earn Program is an excellent opportunity for you to earn extra income by referring your friends and family to SBI Securities. The program offers several benefits to both the referrer and the referee, including referral and welcome bonuses, a wide range of investment products and services, and competitive brokerage rates.
To maximize your earnings with the program, you need to share your referral link or code with as many people as possible and encourage them to open a Demat and Trading account. You also need to follow up with your referrals to ensure they have opened an account within 30 days.
Overall, the SBI Securities Refer and Earn Program is a great way to earn extra income with minimal effort. So, what are you waiting for? Start referring your friends and family to SBI Securities today and earn money!