Demat account refer and earn. Refer your friends and family members to these apps and earn unlimited. Each app offers referral amount in different forms. Some offer direct cash some offers gift cards of popular websites.
Table of Contents
what is Demat account
In simple Demat account is helpful to hold your shares and securities in electronic format. (For more details google it)
Requirements to open Demat account
This is the main requirements to open Demat account.
- Pan card
- Aadhar card linked with mobile number
- Bank passbook (front page)
- Signature on white paper
- Passport size photo.
Without any further delay. Jump into Demat refer and apps.
Upstox
This is my favourite Demat app. Almost the best of other apps in terms of referring and earning also money withdrawal.
Previously upstox offers 500 – 1000 per refer. Now they are offering only 50. Your friend has to place a trade to get that.
you can refer unlimited friends and family members.
Upstox referral code (or) Ucc id – 462302.

5Paisa
At the time of writing this post. 5paisa offers Rs.225 Worth Nifty bees per refer also lifetime brokerage share of 12.5%.
you can refer unlimited friends.
5paisa referral (or) promo code – “MANJ1483”

Angel one
Angel one previously called Angel broking
at present Angel One offers 500 rupees per refer.
they offer referral money as a gift card. You have to redeem a gift card within 30 days.
you can refer maximum 5 friends in a month.
angel One referral code (or) introducer code – M207068

reliance smart money
we have verified this reliance smart money offer they offer 500 rupees per refer
Reliance smart money offers referral money in the form of a gift card.
you can refer maximum 5 friends in a month.
Reliance smart money referral code – WE4KIA4829.

Zerodha
Zerodha offers very low money for referring friends. They offer 300 Reward points (which can be used only to buy products in kite by Zerodha apps.) And also you will get 10% of the brokerage.
Minimum redeem 1000 and you must refer at least 5 friends to withdraw this money.
They don’t have the option to apply the referral code. You have signup with the referral link.
They also charge some amount for the account opening.

Groww
Groww app offers 100 for each friend. There is no limit for referring friends in Groww.
They don’t have a referral code. You have signup with the referral link.

These are some of the best refer and earn demat apps. If you know other apps mail us on officialbookofer@gmail.com.
Conclusion
There are many other Demat accounts which have refer and Earn options. We will try to update that in the next few days. In the above apps angel one comes at first. 5paisa, groww, Zerodha and upstox.