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TERMS AND CONDITIONS

  1. 10% of brokerage generated by referee on online trades will be shared upto 2 years.
  2. Gold will be credited in your ledger account in the form of Digital Gold.
  3. Referrer should have traded in last 3 months to avail brokerage sharing.
  4. Value of Gold will vary according to live rate of gold.
  5. All the rewards will be credited to the referrer/ referee account by 25th of the next month of account activation.
  6. No family accounts are considered for referral contest.
  7. This offer is valid for Direct Clients only.
  8. Referee should open an account in Direct segment only.
  9. All referral accounts should be activated with qualified margin criteria. (To know more on this please get in touch with your advisor)
  10. If a person is been referred by 2 individuals, then the person who has referred 1st will be considered.
  11. The mobile no at the time of referring and opening an account should be the same.
  12. Margin amount cannot be withdrawn within 1 month of account activation.
  13. Clients whose accounts are activated post 23rd April, 2018 will be eligible for this program.
  14. If the details provided for referrals are incomplete/ incorrect/ invalid, the Referrer who has provided a reference shall not be entitled to any reward under the Referral Program.
  15. Account activated in equity and commodity segment will be considered.
  16. The Referrer confirms of having obtained the consent of the person referred for providing his/her details.
  17. In case of any dispute, the decision of MOFSL management will be final and binding.
  18. No other offer can be clubbed with this Referrer program offer during opening and account.
  19. MOFSL reserves the rights to withdraw this offer any time before the validity period mentioned without any prior notice.

Agreement applicable to Introducer

  1. During the period of the contract, the Introducer will be paid referral reward as per the details given below:-
    1. 10% of brokerage generated by referee on online trades will be shared upto 2 years.
    2. Gold will be credited in your ledger account in the form of Digital Gold.
  2. The Introducer will abide by MOFSL code of conduct in force from time to time and shall not conduct himself/herself in any manner, which could conflict with the interest of MOFSL.
  3. The Introducer shall not solicit or endeavour to entice, directly or indirectly any client introduced by him to MOFSL to obtain services of any competitor of MOFSL.
  4. The Introducer will not divulge to any person or utilize any of confidential information pertaining to the clients, details of Holding or Associate companies of MOFSL or any other information in connection with the business procedures etc., which he/she may possess by reason of his/her association with MOFSL to any person or entity outside MOFSL.
  5. The Introducer shall not use any material other than the written material provided by MOFSL for promotion of MOFSL products.
  6. The Introducer shall not assure any returns or make any presentation to the prospective customers, which is not authorized, approved and provided by MOFSL.
  7. The Introducer shall make aware the prospective customer of all the terms and conditions as provided by MOFSL, for availing the products of MOFSL and shall not make any misrepresentation or false promises to the prospective customer.
  8. The Introducer shall have no authority to prescribe the brokerage rates applicable to the clients and shall have no authority to change the brokerage rates as prescribed by MOFSL. The Introducer shall not make any false promises to the prospective customers with regard to the brokerage and other charges.
  9. MOFSL shall be entitled at its discretion to terminate the contract at any time without assigning any reason whatsoever, by giving one week’s notice. In case the Introducer wish to terminate the contract he/she will also have to give one week’s written notice to MOFSL.
  10. MOFSL shall be entitled to terminate the contract forthwith and without any notice or payment in lieu of notice on account of moral turpitude, dishonesty, wrong selling, fraud, forgery, and unbecoming conduct on the part of the Introducer. In case of termination of the contract by MOFSL, the referral rewards for the relevant previous month may not be paid by MOFSL at its sole discretion.
  11. MOFSL shall be entitled to terminate the contract forthwith and without any notice or payment in lieu of notice and take necessary legal action against the Introducer if found making any misrepresentation to the prospective customers or existing clients.
  12. MOFSL shall be entitled to terminate the contract forthwith and without any notice or payment in lieu of notice and take necessary legal action against the Introducer if found that the Introducer has provided false information about himself / herself or has forged and documents pertaining to the Introducer himself / herself or any of the clients / prospective customers.
  13. The Agreement is intended for the promotion of MOFSL products only.