As per the existing referral program, referror earns 20% of all brokerage generated from referee.
In order to earn referral rewards, the referror should have placed at least one trade on Dhan.
Once an account is opened using the referral link, the referror is eligible to earn from brokerage on all referee trades, irrespective of when the trades are made. There is no time limit for account activation.
Brokerage earned is visible on the platform.
Referror may withdraw referral earnings if the earnings are equal to or above INR 100.
Earnings once withdrawn, will be credited to the referror's bank account, subject to TDS if applicable.
If a client is already registered and then later uses a referrorr's link to complete the account opening process, the referrer will not be eligible for any rewards.
Individual clients cannot refer another non-individual account (eg. HUF, Corporate, Partnership/LLP, Trust) with the same contact details as their own account.
Referrors must withdraw referral rewards before 31st of March every year. In case he fails to do so, the rewards will lapse.
All rewards will be credited to referrer's linked bank account.
Referral credits will be earned by the referrer only if the referee has used the relevant referral link/ code.
Referral rewards earned on any given day will be credited to the referror's account latest by next day.
These rewards cannot be transferred to any family member or friends or any other person.
Participants shall not, since being eligible to receive any payment/payout from Dhan, enter into any contracts or publish any marketing material/advertisement acting as Dhan or act as a referral agent of Dhan without the explicit written permission of Dhan. Participant understands that publishing any marketing or advertisement material requires permission/intimation towards the Exchanges. Participant will not & have not publish'ed any marketing material without the explicit permission of Dhan.
The participants agree that they have read and understood NSE circular NSE/INSP/43029 dated December 26, 2019. Any dispute/grievance under this early access scheme cannot be referred to the Investor Grievance Panel at NSE and will be resolved between participants and Moneylicious Securities Pvt. Ltd. (Dhan) as stated in the above mentioned NSE Circular, and any such dispute should not be made public.
The participants understand that they and Moneylicious Securities Pvt. Ltd. (Dhan) are both bound by the rules and regulations of the regulator, exchanges and other statutory and government rules & regulations.
Moneylicious Securities Pvt. Ltd. (Dhan) reserves the right to amend/revoke/ withhold the offers and these terms and conditions at any time without prior notice. The decision of Moneylicious Securities on all matters relating to, or in connection with the use of this offer shall be final and binding on all parties concerned.
The participants agree that they are participating at their own will, and no financial or investment advice has been provided to them by Moneylicious Securities or by anyone else.