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Finance · Referral

Upstox Refer & Earn

VerifiedChecked on the official page, date shown

Verified: 22 Oct 2026

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About the program

Upstox's refer and earn programme for referring friends who open a demat account.

Commission (official)
Voucher reward per successful referral
Upstox pays vouchers redeemable across multiple brands for each successful referral.
Type & model
Referral · Bounty
Recurring
No
Cookie
Not Disclosed
Approval
Instant

₹Payout in India

MethodsWallet, Gift cards
Minimum payoutNot Disclosed
FrequencyNot Disclosed
Available in IndiaYes · India-only

✓Who can join

Website needed?No
How you joinDirect with the brand
Allowed platformsWhatsApp ✓ · Email ✓ · Website ✓ · Social media ✓ · Social media ads ✕ · Publishing content about Upstox ✕ · Spam / bulk invites ✕ · Contests ✕
Followers / trafficNot Disclosed

!Good to know

Rules & compliance: Upstox bans advertising your link on any medium, including social media, and publishing content about Upstox. Share only with people you know.

Your friend must open the account within 7 days of signing up via your link, and the reward activates 7 calendar days after they onboard. You must have traded in the last 365 days to withdraw.

Sources (where we checked)upstox.com/refer-and-earn/

DesiAffiliates is an independent directory and is not affiliated with Upstox unless stated. Terms can change; read the official page before you join.

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