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.
Who is referee?
Referee is an individual who has been referred for opening his/ her Demat & Trading account with ICICIdirect by the Referrer.
What benefits or rewards will the referrer get?
On every successful referral, the referrer will get Rs 2000 cash.TDS of 5% will be deducted during credit as per Income Tax guidelines. Please refer T&C link for more details on TDS applicability.Funds will be credited to NRE Bank account linked to trading account. If there is no NRE account, funds will be credited to NRO bank account linked to trading account.
What benefits or rewards will the referee get?
On successful account opening, the referee will get free demat and trading account along with Rs 2000 free brokerage. Terms & Conditions apply.
How many number of referrals can be given by referrer?
NRI account holder can refer any number of acquaintances and get rewarded for all successful referrals.Resident Indian account holder can refer any number of acquaintances; however, you will be rewarded for Five (5) successful referrals.
When will referrer be rewarded?
The referrer will receive the referral reward within 30 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.
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 and Business Partners are required to use the referral link enabled through the ICICI Universe/Intranet.
For whom is the Referral offer applicable?
The referral offer is open only to clients who have an account with ICICI direct.
What is the eligibility criteria for the Referral Program?
The referrer has to be account holder of ICICI Direct to refer an acquaintance for opening NRI account. The referee has to fall under NRI category to setup NRI account with ICICI Direct.
How do I refer my friends and family to open ICICI Direct Account?
The referrer has to login to generate referral link, which can be forwarded to friends and family. The generated link has to be sent to the person whom you are referring via email, WhatsApp, text etc. The referee (person being referred) has to click on the link to register himself/herself for account opening process. Thereafter, the referee will be contacted by ICICIdirect team for necessary assistance.