Finance · Referral
Upstox Refer & Earn
VerifiedChecked on the official page, date shown
Verified: 22 Oct 2026
Report wrong infoAbout 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.
