Groww Demat & Referral Stacking for ₹200+ per Friend + Scratch Card
- Platform
- Groww
- Payoff
- ₹100–200 per referral (₹200 when referral invests ₹2,000+); ₹50–500 scratch card on signup
- Effort
- ~45 min to open account, ~20 min per referral pitch, passive earnings after each friend's trade settles
Open free Groww demat account and immediately activate referral program earning ₹200 when referred friend invests minimum ₹2,000 and completes first trade. Scratch cards worth ₹100–500 appear post-signup. Groww is SEBI-regulated and India’s #2 investment platform with 8M+ users. Combining sign-up scratch card + referral earnings from 5 friends = ₹2,000–2,500.
First steps:
- Download Groww app from Google Play or Apple Store, sign up with mobile and PAN, complete KYC using Aadhar and bank account verification
- Immediately check ‘Refer & Earn’ under Profile and tap the scratch card section to potentially unlock ₹50–500 instant bonus
- Share your unique referral code (found in Refer & Earn section) with 4–5 colleagues/online friends, explicitly mentioning they must invest ₹2,000 minimum to trigger your ₹200 bonus per person
Not financial, legal, or tax advice. Verify independently before acting.
Independent check: Groww's referral reward is ₹100 per successful referral (not ₹200), requires only ₹100 minimum investment (not ₹2,000), and the program is restricted to select users only (not universally available), though jurisdiction is correctly India.
Sources
Independent verifier's sources
- https://www.linkedin.com/posts/dinesh-kumar-jena-0a87372a5_groww-online-demat-trading-and-direct-activity-7228062705440407553-sdy7
- https://www.adigitalblogger.com/demat-account/groww-refer-and-earn/
- https://www.youtube.com/watch?v=76Of8Y_34K4
- https://groww.in/blog/what-is-groww-referral
- https://www.growfinancial.org/refer-a-friend-program/
Not financial, legal, or tax advice. Verify independently before acting.