Samco securities limited
IPO
Become a Partner
  • become partner
Referral Program
  • Samco Referral Program

Refer friends
& earn up to 1,200*

Trading and investing is better with friends. Refer friends to Samco and earn bonus worth up to 1,200* on each referral, and 10% lifetime brokerage sharing.

Share Link
Samco Referral Program

Referral benefits

Now you can enjoy a host of benefits just by introducing your friends to the trading universe of Samco!

3-step process

Share link

Share your referral link with your friends via social apps.

Friend signs up

Your referred friend signs up using your referral link.

Earn bonus

Once your friend starts investing, you’ll receive your referral bonus.

Why our clients love us

Shraddha Santosh Padad

Mumbai, Maharashtra

I have been using Samco’s trading app since 2019 now and i can say it is definitely a user-friendly app. I had no idea how to trade but I am learning new things from this everyday. I had referred this app to my friend as well and got free trades.

Prachi Dinesh Jadhav

Mumbai, Maharashtra

GTT ORDERS are good. I have used them on Samco trading app and it is actually a good feature that help u to place orders at the right time. I have told this to my friends and they also tried it out, we both got referral rewards

Pankaj Nana Gaikwad

Mumbai, Maharashtra

My friend had referred me to samco and I am a big fan of their stockbasket app. I personally dont know what stocks i should buy, but stockbasket is reliable. Thank you Samco.

FAQ’s

Q
How does Samco’s Referral Program work?
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A

Refer a friend to Samco and you’ll both receive the following benefits:

Referral benefit for you:

  • Bonus worth up to ₹1,200 on each referral.
  • 10% brokerage sharing from your referred friends’ trades, for life.

Referral benefit for your friend:

  • Zero brokerage trading for 1st month.
  • Zero cost for opening demat account.
  • Zero demat AMC for the 1st year.
Q
What are the eligibility conditions to receive the referral bonus up to ₹1,200?
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A
  1. You must hold a Samco account with at least equity trading segment enabled to receive a referral bonus worth up to ₹1,200 on each referral.
  2. Your referred friend’s account must be opened within 30 days from their respective account registration date for you to receive the referral bonus.
  3. If your friend opens an account, funds his/her trading account with ₹5,000 (1st pay-in), and starts investing within 30 days from his/ her account registration date, you’ll receive the referral bonus. If your referred friends make partial payments or do a pay-in of less than ₹5,000, you won’t be eligible for the referral bonus; you’ll still receive the 10% brokerage sharing from them.
Q
Is there any limit to refer someone to Samco?
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A

Yes. The referral bonus worth up to ₹1,200 will be capped at 20 referral accounts from 1st Apr. 2023 to 30th Apr. 2023.

Meaning, you can earn up to ₹24,000 for referring 20 friends to Samco!

Q
What is the referral bonus?
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A

Once your referred friend opens a Samco account by meeting all the requisite conditions, you will earn the one-time referral bonus worth up to ₹1,200 in your Samco ledger.

Example: You invite your friend on 1st Apr. 2023, they open their account and start investing by 5th Apr. 2023, you will receive the one-time referral bonus worth up to ₹1,200 by 10th May 2023.

Q
When will I get the referral bonus?
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A

Your cumulative referral bonus for the current month will be credited to your Samco ledger by the 10th of the following month.

Q
What is brokerage sharing?
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A

Once your referred friend starts investing, you will receive 10% sharing on their spent brokerage, for life.

Example:If your referred friend spends ₹10,000 in brokerage, you'll receive ₹1,000 (i.e. 10% of his/her spent brokerage).

Q
How will I get the brokerage share?
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A

The 10% brokerage sharing will be credited daily to your referral wallet, as and when your referred friend spends brokerage at Samco.

Your accumulated brokerage sharing for the current month can only be withdrawn in the next month, when the withdrawal balance crosses ₹2,000.

Once the withdrawal request is placed, you'll receive the amount in your primary bank account by the 10th of the following month.

Example: If your referral sharing accumulates to ₹1,000 in Apr. 2023 and ₹1,000 in May 2023, your clear withdrawal balance for Jun. 2023 is ₹2,000, which can be withdrawn in Jun. 2023, and you’ll receive the amount by 10th Jul. 2023.

Q
What will my referred friends get?
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A

Your referred friends will get the following benefits:

  • Zero brokerage trading for 1st month.
  • Zero cost for opening demat account.
  • Zero demat AMC for the 1st year.
Q
Why can't I see my pending referrals after 30 days?
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A

Your pending referrals (i.e. referrals whose account application is incomplete) will be visible only for 30 days from their respective registration date.

After the 30th day, if your referred friend has not completed his/her account application, you won’t receive any referral benefit and such referral will be unlinked from your account; Samco will consider them a direct account (which is not mapped under any referral code).

Q
Where can I see my previous referral benefit of free trades?
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A

Referral accounts opened before 1st August 2022, that were eligible for the benefit of free trades, will be displayed under the “Old Scheme” inside the ‘Successful Referral’ tab. You can find the details of the free trades received against each referral account on Samco Star. Visit Samco Star

Terms & conditions

T&Cs updated on 31st Mar. 2023

  • An introducer/ referrer is a Samco customer who refers a prospective customer to open a trading and demat account by using their unique referral link or code.
  • The referred friend/ referee is a customer who opens the trading and demat account with Samco using the referral code or link of an existing Samco customer.
  • The referral account registration date is the date when a referee submits their personal details and begins their account opening process for the first time.
  • Account opening date is the date when a referee successfully opens their Samco account.
  • Referral bonus of up to ₹1,200 is the one-time benefit that the referrers get once the referees start investing within 30 days from their account registration date.
  • The referral bonus amount of ₹1,200 may vary across different referrers.
  • The referrer will be rewarded with the bonus valid at the time of referee’s account opening and not with the offers running at the time of referring.
  • Only the introducers of referral accounts opened from 1st April 2023 to 30th April 2023 are eligible for the referral bonus worth up to ₹1,200.
  • The 10% brokerage sharing is the benefit that the referrers get from his/her referees, and will be credited daily in the referral wallet, as and when the referees trade. The payout of the brokerage sharing will be processed once per month.
  • If the referrer has a mutual-fund-only account enabled, he/she won’t be eligible to participate in the referral program and won't receive the benefits.
  • The referee must open a trading and demat account with Samco using the referrer’s referral link only.
  • If referees trade after 30 days from their respective account registration date, the referrer will only receive the 10% brokerage sharing from those referees.
  • If referee accounts are opened after 30 days from their respective account registration date, Samco has the right to remove the said referrals from under the respective introducers and consider them a direct account (which is not mapped under any referral code).
  • The ledger credit of up to ₹1,200 referral bonus on each referral account will be processed by the 10th of the following month.
  • The referral bonus of up to ₹1,200 will be capped at the first 20 successful referral accounts from 1st Apr. 2023 to 30th Apr. 2023. Samco reserves the right to withhold the referral bonus of up to ₹1,200 for referrers with successful referral accounts over 20.
  • Samco reserves the right to ban referrers from the referral program.
  • Samco reserves the right to move the referrers with more than 20 successful referral accounts to the Samco partner program without any prior notice or intimation.
  • If details of the referred client already exist in the Samco database as an existing client or as a lead client, then it will not be considered under this scheme for referral benefits, and Samco reserves the right to exclude the said accounts for the calculation of referral benefits.
  • All the verification and account opening processes will be carried out by the Samco team, and the team reserves the right to reject the case depending on compliance requirements and the company’s existing policies and procedures.
  • Management reserves all the rights to modify or terminate the arrangement of the scheme at any time without prior notice. The decision of Samco on all matters relating to, or in connection with the use of this offer shall be final and binding on all parties concerned.
  • Samco reserves the right to carry out checks and controls as it deems fit and proper, before the credit of referral reward to the referrer.
  • Introducers and referees must ensure that they have read, understood, and agree to abide by this policy, Samco’s terms & conditions, privacy policy, and policies & procedures on Samco’s websites.
  • Referrer agrees that the following activities are expressly prohibited and engaging in any of these will lead to the initiation of legal and criminal action against you, and also result in immediate termination and disqualification from the referral program, forfeiture of existing referral invitations and accrued, but not yet received, referral rewards:
    • Shall not offer any scheme /plan/ brokerage cashbacks/ certificates/ medals/ gifts/ prizes/ coupons/ tokens to referees which compel them to open accounts or undertake/execute trades/transactions with Samco, in order to avail/continue to avail certain benefits under the referral program.
    • Selling, trading, bartering, or providing anything of value to your referees beyond the referral invitation or otherwise using your program invitations or rewards for promotional purposes.
    • Organizing competitions, online contests, etc.
    • Any act or omission resulting in damage to Samco in any form whatsoever in nature.
    • Spam, bulk distribution of invitations, distribution to strangers, or any other promotion of Samco’s Referral offer through invitations that would constitute or appear to constitute unsolicited commercial e-mail, SMS, publishing any article or content about Samco’s products, services, etc.
    • Advertisements of any kind or form about Samco’s product and services on mediums like pamphlets, circulars, brochures, notices or research reports, or any other literature or material published or designed for use in a newspaper, magazine, SMS, or other channels like radio, television, telephone or tape recording, video tape display, signs or billboards, motion pictures or other public media including any generally accessible websites or emails, whether in print or audio-visual form or used in workshop/seminar or public speaking or in any other manner, including social media (Facebook, Twitter, WhatsApp, Instagram, YouTube, etc), or spam under any applicable law or regulation.