HDFC Demat Account Refer and Earn – HDFC Bank is one of the largest banks in India. Like most banks, it also has its own trading platform, HDFC Demat. Today, in this article, we will understand how to earn money by referring to this Demat account.

Currently, this Demat account has also started its referral program, through which you can earn money by referring others. In this article, we will explain how much HDFC Demat Account is offering per referral and how you can earn money by referring it.

HDFC Demat Refer and Earn

So, the first thing is that to earn money by referring HDFC Demat, you should have your own HDFC Demat account. Only then can you refer it. HDFC Demat is under HDFC Securities. Currently, it has launched another trading platform named HDFC SKY.

Please note that the referral program is in HDFC SKY, not in HDFC Securities, and to earn money by referring, your account should also be in HDFC SKY. Only then can you refer. Let’s find out what HDFC SKY is and how it is different from HDFC Securities.

What is HDFC SKY

Actually, HDFC SKY is a Discount Broker, while HDFC Securities is a Full-Service Broker. Every trading platform can either be a Discount Broker or a Full-Service Broker. A Full-Service Broker provides its clients with many services.

On the other hand, a Discount Broker offers limited services in its Demat account. Its charges and brokerage fees are also lower. So, HDFC Securities is a Full-Service Broker, which has also launched a Discount Broker under the name HDFC SKY. To earn money by referring, you don’t need to have any connection with HDFC Securities. All your work will be done on HDFC SKY.

HDFC SKY Refer and Earn Amount

Actually, when HDFC SKY was launched, there was a Refer and Earn page on its website where we could see the refer and earn amount, terms, and conditions, etc. But now, that page has been removed, and there is no option in the app either.

Perhaps they have discontinued the referral program. However, you can still earn money by referring without opening your own HDFC SKY account.

Many financial apps have emerged that offer opportunities to earn money by selling financial products. You can sell Saving Accounts, Current Accounts, Credit Cards, Loans, and Demat Accounts through these apps. HDFC SKY is still available on such apps. For example, Gromo app is offering 100 rupees for one referral just for opening an account!

HDFC Demat Account Refer and Earn

BankSathi is offering 350 rupees. But they have currently closed these account referrals. Let’s find out how much these financial apps are offering for referring HDFC.

HDFC Demat Refer and Earn Offer

Since you cannot directly refer HDFC Demat, we will use the Gromo app. Gromo is offering only 100 rupees, while BankSathi was offering 350 rupees, but it has now been discontinued. So, if you want to refer, you’ll have to use the Gromo app.

Additionally, you can use the CreditCode app. CreditCode is offering 200 rupees for one referral. Let’s find out how to refer HDFC Demat through these financial apps.

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How to Refer HDFC Demat Account and earn Money?

To refer HDFC Sky to these financial apps, first you need to download one of these financial apps. Here you will find many more demat options. Follow the steps given below to view these apps:

Gromo
CreditCode

First: Download the app and sign up with your mobile number or email.

Then: Go to the Demat account section. Here, you’ll find many Demat Account options besides HDFC SKY.

But: You need to open an HDFC SKY. Here, read the terms and conditions, find out how much you’ll earn per referral, and how much you’ll earn for opening an account. Read all of this.

Finally: Share and use the link to open HDFC SKY Demat accounts for people.

Once the Demat account is successfully opened, your reward will be credited to that same app, which you can transfer to your bank account. However, it may take some time for the money to be credited in these apps. It takes up to 15 days in CreditCode.

CreditCode offers Rs 200 Amount for HDFC SKY Refer and Earn

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Demat Account