Please note: Your ‘Refer and Earn’ reward will be as per the offer that was active when your invited friend successfully completed their mobile number and email verification via OTP for an Upstox account.

If you believe you have received a lesser reward amount, please note that the referral offer may have changed by the time your referred friend registered with us.

A few things to keep in mind:

1. To be eligible for the benefits of this offer, the referred applicant must not be a family member or a blood relative.

2. Referral rewards will only be valid for the first 5 successful referrals per month. Thereafter, no further rewards will be provided for additional friends you refer in that month. Successful referrals mean that the referred person has successfully opened their Upstox account.

3. If you wish to know the status of your referral and the attached referral scheme, please refer to this article.

4. You will only receive your referral reward once your referred friend signs up on Upstox by submitting their mobile number, verifying their email address with an OTP, and successfully opening their account (within 7 days of signing up using the referral link).