Terms and Conditions
Refer More. Earn More.
(Offer effective from 1st September 2023)
- 1Minimum Upfront Security Deposit as per product offered & Minimum 5 new clients’ needs to be activated.
- 2 Fan Code should be registered minimum with 1 FO/Derivative segment.
- 3Registration should be completed within N+1 month from Fan code generation.
- 4The referrer will get the pay-out within 30 days from the time his referee fulfils successful referral condition.
- 5Referral Condition: IR considered is IR generated by new FAN within 3 months of activation.
Criteria |
Reward |
15K < IR =< 25K |
Rs. 5000/- |
25K < IR < 35K |
Rs. 10000/- |
IR > 35K |
Rs. 15000/- |
- 6 If the referred partner has already applied with us, he/she will not be considered as a referred partner and no reward will be provided for the same.
- 7In case the referee happens to be a relative / in blood relation of the referrer then he/she will not be considered in the referral policy.
- 8 IIFL Securities Ltd reserves the right to carry out checks and controls as it deems fit and proper before the credit of referral reward to the referrer.
- 9Referrer agreeing to the terms and conditions is prohibited to engage into any fraudulent referral activity. Referrer agrees that, IIFL Securities reserves the right to withhold any such credit of Referral Points without any notice to any such Referrer who is involved in fraudulent referral.