Question 1

Who is a Referrer?

Accepted Answer

Referrer is an m.Stock customer who refers his friends and loved ones to open an account with
m.Stock.

Question 2

Who is a Referee?

Accepted Answer

Referee is the person who opens an m.Stock account using the referral link shared by the referrer.

Question 3

What is the Refer & Earn program?

Accepted Answer

Under the Refer & Earn program, m.Stock account holders can refer their friends and loved ones to
m.Stock and earn ₹151 every time the referee opens an m.Stock Demat account.

Question 4

How does Refer & Earn work?

Accepted Answer

The m.Stock Refer & Earn program is very simple. The referrer has to simply share the referral link
or enter their friend’s number in the ‘Refer & Earn’ section on the m.Stock web platform and trading
app. The referee will then use this referral link (received via SMS or WhatsApp) to open an m.Stock
demat account. As soon as the referee opens the account, a referral reward of ₹151 will be credited
to the referrer’s account within 48 hours.

Question 5

How do I claim my referral reward?

Accepted Answer

Referral reward is automatically credited to the referrer’s m.Stock account. Referrer receives the
reward of ₹151 within 48 hours after referee has completed their account opening process. The
referrer will be notified via an email and SMS once the referral reward is credited. This amount can
be tracked under ‘Ledger’ or ‘Your Earnings’ section on the m.Stock web platform and trading app.
You can withdraw your referral rewards without any restrictions.

Question 6

What are the eligibility criteria for the Refer & Earn program?

Accepted Answer

To qualify for the rewards under the Refer & Earn program, you should be a customer of m.Stock and
the referee must open an m.Stock demat account using your referral link. That’s all!

Question 7

Are there any restrictions or an upper limit on the referral rewards?

Accepted Answer

Yes, with m.Stock, you can earn referral rewards up to ₹1,510 per month by referring your friends
and loved ones.

Question 8

Is there any limit on the number of friends that I can refer?

Accepted Answer

No. You can refer as many friends and loved ones as you want to m.Stock. As a reward, for every
successful referral, you will get ₹151. The amount of referral rewards you can earn in a month is
capped at ₹1,510 for referring.

Question 9

When and how will I receive my rewards?

Accepted Answer

Your referral reward will be credited to your m.Stock account within 48 hours, after your referred
friend has successfully opened an m.Stock demat account. You can track the status of your reward in
the ’Your Earnings’ section on the m.Stock app and web platform.

Question 10

How long does it take to receive the referral reward?

Accepted Answer

Your referral reward will be credited to your m.Stock account within 48 hours of your referred
friend successfully opening an m.Stock demat account.

Question 11

Are there any restrictions on who I can refer to earn the extra income?

Accepted Answer

There are absolutely no restrictions on who you can refer. You can refer your loved ones, friends,
colleagues, acquaintances, basically anyone who you think can benefit from opening an m.Stock Demat
account.

Question 12

Is there a minimum amount of rewards I need to earn before I can claim them?

Accepted Answer

No, there is no ‘minimum reward’ restrictions with m.Stock Refer & Earn program. You can redeem your
referral reward any time or use it to invest in the stock market, the choice is entirely yours.

Question 13

Is participating in the Refer and Earn program worth it?

Accepted Answer

m.Stock Refer & Earn program is an excellent way to earn rewards while helping your loved ones. By
just getting your friends and loved ones to open a demat account with m.Stock, you can earn ₹151
every time.

Refer Friends to
Earn Rewards!

Benefits of m.Stock Demat account

How Refer & Earn Works?

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FAQs

Refer Friends to Earn Rewards!