Referrer/Prospect is an individual who refers his friends and acquaintances for opening his/her Demat and Trading account with MOFSL. Prospect should not have an account with MOFSL.
Who is Referee?
Referee is an individual who has been referred for opening his/ her Demat account with MOFSL by the Referrer.
What will the Referrer Earn?
1) Amazon Gift Voucher worth Rs.1,000 will be given if referee opens an account subject to minimum margin of Rs.25,000 or minimum Value Pack of Rs.3,000.
2) Amazon Gift Voucher worth Rs.500 will be given if referee opens an account subject to margin between Rs.2,000 to Rs.25,000 or Value Pack Rs.2,000.
3) Amazon Gift Voucher worth Rs.250 will be given if referee opens an account with margin less than Rs.2000. Referrer can earn maximum pay-out of Rs.750 per month.
What will the Referee Earn?
Digital Gold worth Rs.1,000 will be given to referee if he opens an account within 30 days of referral given subject to minimum margin of Rs.25,000 or minimum Value Pack of Rs.3,000.
What are the eligibility criteria to earn rewards?
Referee account should be activated within 30 days of referral given.
How can a MOFSL client submit referral?
If a client wants to submit referral, he can Login to MO Investor Platforms and click on Refer & Earn option. This program is strictly for prospects who are not related to MOFSL.
When will the Referrer & Referee receive the rewards?
All the rewards will be credited to the Referrer & Referee account within 60 days of account activation.
How many referrals can be submitted at once?
There is no limit in giving referrals, prospects can refer infinite number of friends and acquaintances in Motilal Oswal refer and earn program.
How many times can a prospect earn reward?
Prospects can refer and earn reward multiple times in Motilal Oswal referral program.