What benefits or rewards will the referrer get?
The referrer will get Rs 250 when the referred user opens demat and trading account successfully with ICICIdirect. The referrer will get additional Rs. 500 if the referred user places a trade in equity, F&O or commodities segment within 30 days of account opening.
What benefits or rewards will the referee get?
The referee will get free demat and trading Account along with additional benefits worth Rs. 11673. Terms and conditions apply.
When will referrer be rewarded?
The referrer will receive the referral reward within 7 working days once referee account is activated i.e. demat and trading account is opened after complete document & application verification in lines with the SEBI / Exchange regulations and internal policies and procedures of the company.
Is there any limit on number of customers that can be referred ?
A client can refer up to 5 customers in a month and up to 60 customers in a year. The client will not receive any referral benefit for customers referred beyond the limit that has been specified. This change has come into effect from 24th March 2021 onwards.
Can Employees of ICICI Group, Agent or Business Partner participate in Refer & Earn program?
This "Refer and Earn" program is strictly meant for clients. Hence, all employees (and their immediate family members) of ICICI Securities and ICICI Group are not eligible for this "Refer & Earn" program. All employees of the ICICI Group are required to use the referral link enabled through the ICICI Universe/Intranet.
What is the eligibility criteria for the Referral Program?
The person who is referred needs to open an account by clicking on the unique referral link that has been shared with him / her. If the referred person opens an account without clicking on the referral link then in such case the referrer will not be eligible for the referral reward.
Who is referee?
Referee is an individual who has been referred for opening his/ her Demat & Trading account with ICICIdirect by the Referrer.
For whom is the Referral offer applicable?
The referral offer is open only to clients who have an account with ICICI direct.
Who is a referrer?
Referrer is an existing client of ICICI direct, who refers his friends/family for opening Free Demat & Trading Account with ICICI direct.