INDmoney Refer & Earn Program (2026): Get ₹50 + 50% Brokerage
The <strong>INDmoney Refer & Earn Program</strong> rewards eligible users for inviting friends to join the platform. According to the current promotion shown inside the app, you can earn a <strong>flat ₹50</strong> when your referred friend opens an eligible Demat account and receive <strong>50% brokerage</strong> whenever that friend places qualifying trades.
Important:
Referral offers are promotional and may <a href="/article/social-norms-and-behavioral-change-how-culture-shapes-our-daily-choices-in-india" title="Social Norms and Behavioral Change: How Culture Shapes Our Daily Choices in India" class="internal-link">change</a> without notice. Always verify the latest reward, eligibility criteria and terms inside the INDmoney app before sharing your referral code.
Current Referral Rewards
| Reward | When You Receive It |
|---|---|
| ₹50 | After an eligible referred friend opens a Demat account. |
| 50% Brokerage | When the referred friend places qualifying trades under the current promotion. |
How the Program Works
- Open the INDmoney app.
- Navigate to Refer & Earn.
- Copy your referral code or referral link.
- Share it with friends or family.
- Your friend signs up using your referral.
- They complete the required onboarding and open an eligible Demat account.
- You become eligible for referral rewards according to the current program.
Our Referral Code
<strong>BAL22IFIND</strong>
Benefits
- Free referral program.
- Easy sharing through WhatsApp and social media.
- Referral tracking within the app.
- Recurring brokerage benefit on eligible referred trading activity.
Eligibility
- Valid INDmoney account.
- Friend should generally be a new user.
- Referral conditions and KYC requirements must be completed.
- Rewards remain subject to INDmoney's latest terms.
Tips to Maximize Referrals
Create useful investing content, publish educational blog posts, make YouTube tutorials, share your referral responsibly on WhatsApp, Telegram and <a href="/article/social-media-algorithms-explained-how-they-shape-your-feed" title="Social Media Algorithms Explained: How They Shape Your Feed" class="internal-link">social media</a>, and explain the platform's features rather than only promoting the reward.
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Frequently Asked Questions
Is the referral program free?
Yes.
Can I refer multiple friends?
Yes, subject to the latest program rules.
Where can I check my referral earnings?
Inside the Refer & Earn section of the INDmoney app.
Can referral rewards change?
Yes. Promotional rewards and eligibility may change at any time.
Final Verdict
If you already use INDmoney, the Refer & Earn program can be a simple way to earn additional rewards by inviting eligible new users. Based on the current in-app promotion, you may receive ₹50 for successful eligible Demat account openings and continue earning 50% brokerage on qualifying referred trades. Always review the latest in-app terms before sharing your referral code.
