Yes, Angel One runs a referral program where you can earn rewards by inviting friends and family to open a Demat/trading account. When your referral completes account opening and trades or invests, both of you receive benefits like cashbacks, trading credits, or gift vouchers.

The process is simple. You share your unique referral link or code. Once your friend signs up and completes the required trade or investment, rewards get credited to your Angel One account. It’s an easy way to earn extra benefits while helping loved ones start their investment journey.

How Does the Referral Work?

You get a unique referral code/link. Share it with friends. When they open an account, link it using your code. After they complete a qualifying trade or investment, rewards are credited to your account automatically.

Who Can Participate?

All existing Angel One users with an active trading or Demat account can refer others. New users must sign up using your code/link and complete initial trade or investment.

What Are the Rewards?

Rewards vary and can include cashbacks in your Angel One wallet, free brokerage credits, trading fee waivers, or shopping vouchers. Sometimes special seasonal offers boost rewards, so check the referral section regularly.

Is There a Limit?

Angel One typically allows multiple referrals. However, some reward categories may have monthly or total rewarded limits. Always check the referral terms in your app for any caps.

How Long Until You Get Reward?

Rewards are credited once the referred user completes the required activity—typically within 7 to 14 days after their first trade or investment. You’ll see the benefit in your Angel One wallet or account dashboard.

Are the Rewards Taxable?

Yes, referral rewards are considered income and may be taxable. Please consult a tax advisor to declare them correctly in your annual tax returns.

How to Invite More Effectively?

Share your referral link on WhatsApp, Facebook, or email. Explain simple steps to your friend—like opening and trading. The easier the process, the more referrals will use your link and earn rewards.

Angel One’s referral program is a win-win. You help others start their investment journey and receive real rewards in return. It's simple, rewarding, and works for everyone.