Alice Blue Referral

Kriti, one of the members of Alice Blue. She is delighted and satisfied with the services provided, so she decided to refer this discount broker to her friends too. But she is not much aware of the Alice Blue referral program. 

Let’s help her and others to reap the benefit associated with Alice Blue refer and earn program.

Alice Blue Referral Program

Refer and Earn Demat Account is a type of program in which you can invite your friends to open a demat account in Alice Blue with help of a referral code.

In return, you can reap the benefit of earning commission and rewards.

Wondering how?

Let’s dive into the details to give a better idea of the Alice Blue referral program. 

Every referral program is associated with two persons, referrer and referee.

A referrer is a term used for the person who already has an account with the broker and willingly participates in refer and earn scheme and sends a code to invite friends for opening an account.

A referee defines the person who is not part of a company but who has given the approval to accept the referral code of the referrer. 

Sounds good? Let’s walk through the road of benefits we will be getting after being either a referrer or referee. 

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Alice Blue Referral Commission

The main objective of the Alice Blue referral is the commission one can earn.

The commission one can make depends upon the referral, the details of which are given in the table below:

 

Let’s understand the referral model with the help of an example:

Suppose, now Kriti refers to one of her friends after which she will be benefited with Rs. 500 + 30 days 10% brokerage cashback . 

If she refers 2 of her acquaintances, she will get  Rs. 1000 + 60 days 10% brokerage cashback.

And if she refers 3 friends she will get Rs.1500 + 90 days 10% brokerage cashback and so on.

As her referrals increase in number, so will her cashback amount. Moreover, Kriti will be given an extra 10% lifelong commission on the brokerage from a referred friend. 

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Alice Blue Referral Benefits

Now coming to the benefits of the Alice Blue referral program.

Here the best part is, the benefits are not limited to the referral but also to some level to the referee. 

Once the referee opens Alice Blue demat account, the referral reaps the following benefits:

• A minimum cashback of ₹500.
• 10% brokerage cashback for the first 30 days directly to the account.

Other than this the referee is able to reap some benefits like:

• Trade Store products worth ₹3000 for FREE are offered to your friend as the referee benefit. 
  
• Other than this, you can earn a 10% commission on your brokerage for a lifetime.

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Alice Blue Referral Program Terms And Conditions

No doubt the broker offers alluring benefits under the referral program.

But with every benefit comes certain terms and conditions.

So, if you are willing to reap the benefit of Alice Blue refer and earn, then have a quick look at some of the conditions to be followed while referring. 

• Until and unless the Referee opens an account and starts trading, referral commission and cashback will not be added to the Referrer’s Account.
• If the referred client’s data already exists in Alice Blue’s record then that client will not be referred to as a valid client. 
• The referral amount is transmitted on the 15th of every month and cashback on the 1st of every month to the ledger account. On cashback TDS of 5% is applicable.
• Alice Blue has one term and condition that they can amend any of their offers without prior notice.
• Some activities are totally prohibited, like:
  • Fraud or abuse on brokers Referral offers or on terms and conditions.
  • Providing selling or trading facilities beyond referral benefits or commission for promotional purposes.
  • Engaging in games, activities, or leagues that involve the distribution of prizes, gifts, etc. 
  • Practicing any act that can harm companies’ norms and culture.
  • Advertising on any kind of platform either online or offline.

If caught engaging in any of the activity then legal action will be taken:

• Will be disqualified from the referral program.
• Losing of already existing referral invitations.
• Losing the approved but yet not received referral reward. 

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Want to make the referral program hassle-free, fill the referee details in the table below and earn instant cash in your account.

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Alice Blue Digilink Login

Now you can reap the benefit of 2 way referral by generating the affiliate Digilink.

Here you can maintain the record of your refer and earn with Alice Blue.

To log in, just need to enter the client ID followed by the referral code.

Follow the steps below to generate code and refer demat account to more and more friends. 

Step1: Open Alice Blue website
Step2: Look for the ‘Generate Your Digilink Now’ section.
Step3: Next step is to fill in your client code and click generate.
Step4: Share the generated referral code with your friends to earn benefits.

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Conclusion

Like Kriti, if you also want to refer your friend and earn the benefits mentioned above, then this broker provides you with a good opportunity just by opening a free demat account with Alice Blue.

Also, it’s a 2 side beneficial program thus not only you but the one opening the account with your referral code would be able to reap the benefit of the referral program. 

So, if you are satisfied with Alice Blue trading then you refer its services to your friend and reap benefits.

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Open your demat account for FREE and start referring to reap the benefit!

 

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