If you want to earn online income then referring a person to open an demat account is the best way. Here in this case you just need to Refer your friends and family members to these apps(Stock Broker's Apps) and earn unlimited. Each app offers referral amount in different forms. Some offer direct cash some offers gift cards of popular websites or scratch cards.
What is Demat Account
Demat Account is just like a Bank Account which holds your stock market investment in digital form just like banks holds your cash in digital form. without using a demat account a person can not invest directly in stocks. In India there are only 2 demat account companies are available the first one is Central Deposity Services Limited (CDSL) and the second one is National Securities Depository Limited (NSDL). This means where ever you open a demat account it will be held with CDSL or NSDL only.
Documents Required to open a Demat account
These are the main documents required to open a Demat account with any stock broker, without this required documents you can not easily open an demat account through online mode.
1. Pan card
2. Aadhar card linked with mobile number (Must for Online Account Opening)
3. Bank passbook (front page) or Bank Statement
4. Signature on white paper or Digital Signature on Screen
5. Passport size photo or Live photo in some cases
Upstox Demat Account Refer and Earn
Upstox is the best Demat account app in case of refer and earn among all other apps in terms of referring and earning and money withdrawals. Normally upstox offers 500 – 600 per referal according to the refer and earn program. Here upstox regulary changes the refer and earn amount in each month so some times you can even earn Rs. 1000 for a single account or Rs. 200. Here you can refer unlimited friends and family members to upstox just make sure that they hold the required documents and have registered to upstox through new mobile number and email id. use this ACCOUNT OPENING LINK or Upstox referral code (or) Ucc id – 557091