Refer & Earn
₹0 brokerage on stock delivery, intraday and F&O trades
₹0 brokerage on IPOs
Subscription fee of ₹99 for the first year
₹20 flat per order on all carry forward F&O trades
₹0 brokerage on IPOs
₹0 account opening fee
Still have questions?
Who is a Referrer?
Referrer is an existing client/ customer of Kotak Securities, who refers his friends/ family for opening demat & trading account with Kotak Securities.
Who is a Referee?
Referee is an individual who has been referred for opening his/ her demat & trading account with Kotak Securities by the Referrer.
What are the benefits for me as a Referrer?
Referrer will earn account opening reward, check the 'Refer & Earn' section in your app for more details
Is there any limit on number of customers that I can be refer?
Account opening benefits will be limited to 10 per month. But 10% brokerage sharing will be eligible for all the clients you refer for 2 years. (Paused as Exchange circular NSE/COMP/63425 Dated August 14,2024)
For whom is the Referral program applicable?
The referral program is open only to existing clients/ customers of Kotak Securities.
Can Employees of Kotak Group, Agent or Business Partner participate in Refer & Earn program?
Sadly, not. This "Refer and Earn" program is strictly meant for clients/ customers of Kotak Securities only. Hence, all employees (and their immediate family members) of Kotak Securities and Kotak Group are not eligible for this "Refer & Earn" program.
What is the eligibility criteria for successful Referral?
In order for the referral to be considered as successful, the person referred needs to open the account by clicking on the unique referral link shared by Referrer. If the referred person (also known as Referee) opens the account without clicking on the referral link, then in such case the Referrer will not be eligible for the referral reward. The referee should not have registered with Kotak Securities in the past.
What benefits or rewards will the Referee get?
If Referee is below 30 years of age, with the Trade Free Youth Plan, they will get the following benefits:
- ZERO brokerage for delivery trades
- ZERO brokerage on intraday and F&O trades
- ZERO brokerage for IPO
If Referee is above 30 years of age, with the Trade Free Plan, they will get the following benefits:
- ZERO brokerage on all intraday trades
- ZERO brokerage for IPOs
- ₹20 per order for carry forward F&O trades
How can I refer someone?
To start referring, you can enter your registered mobile number in the form above and generate your unique referral link. You can share this link directly with your friends over WhatsApp, Facebook or any other social platforms.
You can also visit the "Refer & Earn" section of your mobile app & share your unique link with friends directly.
When and how will I receive my rewards?
The reward on successful account opening will be credited on T+3 working days
How can the referrer redeem the rewards?
The Referrer can redeem the rewards (Referral Points) by adjusting against equity.