Terms & Condition are given below:

1. Referee demat account must be opened within 30 days of the referral date.

2. Referrer will be eligible for ₹500 referral reward only if either of the following conditions are met

• Referee opens an account with min margin of ₹1000/-. This margin money must come within 15 days of account opening.
• Referee opens an account and do min 1 trade within 15 days of opening an account.
• **₹500 to be credited in referrer's ledger on T+15th day from the date of account activation of referee.

3.If details of referred customer already exist in IIFL database as an existing client or as a prospect lead, then it will not be considered under this scheme.

4. All the verification and account opening process will be carried out by IIFL and team reserves the right to reject the case depending on compliance requirements.

5. Management reserves all rights to modify or terminate the arrangement of offer.