This Referral Program is open to all residents of India holding a valid and active trading account with Arihant Capital Markets Limited and Arihant PLUS.
The Referrer must be an existing client of Arihant Capital Markets Limited and Arihant PLUS..
The scheme is applicable only for new client account openings.
The Referee will receive ₹1,000 worth of free brokerage, valid for 30 days from the date of account activation.
The free brokerage can be used across any segment.
The free brokerage will automatically expire after 30 days if not utilized.
A total of ₹218 will be debited from the referred client’s trading account towards account setup charges:
The Referrer will receive ₹300 per successful referral.
A referral will be considered successful only if the Referee opens an account using the Referrer’s unique referral link/code and transfers any amount into the trading account within 30 days from the date of account opening.
The referral reward will be credited on the 15th of the following month, subject to fulfillment of all eligibility conditions.
The ₹300 reward will be credited post applicable TDS deduction as per government regulations.
Referral rewards are non-transferable.
Only the first 10 referred clients in a calendar month will be considered eligible under this referral scheme. Any referrals beyond the first 10 will not qualify for the reward in that month.
Referrers can earn up to ₹30,000 upon successful opening of 100 accounts through their referral links, subject to the applicable terms and conditions.
Only the first 100 successful referrals per calendar year will be eligible for rewards.
The Referrer shall act strictly as a 'Referrer' and shall not provide financial or investment advice, persuade individuals to trade or invest, give stock tips, or manage portfolios.
The Referrer confirms that consent has been obtained from the referred individual before sharing their details.
The Referrer must not engage in spamming, bulk messaging, unsolicited communication, unauthorized advertising, organizing contests, fraudulent activities, or any act that may cause reputational or financial damage to ACML.
Any pattern of client acquisition through trade inducement may attract disciplinary action as per regulatory guidelines.
The Referrer confirms they are not banned or restricted from trading on any recognized stock exchange (NSE, BSE, MCX).
They have read and understood applicable exchange circulars including NSE/INSP/43029 dated 26 December 2019 and NSE/INSP/43824 dated 11 March 2020.
( NSE/INSP/43029 dated 26th Dec 2019 to NSE/INSP/43824 dated 11th March 2020 ),
Complaints under this referral scheme will not be handled by NSE’s Investor Grievance Panel and disputes will be resolved directly between the Referrer and ACML.
Both the Referrer and company are bound by applicable stock exchange rules.
An independent auditor may conduct periodic audits of referred accounts to verify genuineness.
The scheme is strictly intended for genuine new client acquisition.
Any misuse or abuse will result in non-accrual or reversal of referral rewards.
All account opening procedures will be carried out by ACML’s Operations team.
ACML reserves the right to reject any application not complying with SEBI-prescribed KYC requirements.
ACML reserves the right to modify, withdraw, or discontinue the scheme at any time without prior notice.
Any grievances related to this scheme will not be entertained under the Investor Protection Fund or Exchange grievance redressal mechanisms.
This campaign shall not be considered an invitation or solicitation to trade or invest.
Investments in the securities market are subject to market risks.
Please read all related documents carefully before investing.
Arihant Capital Markets Limited and its affiliates shall not be liable for any loss or damage arising from actions taken based on this scheme.
If any false information, misrepresentation, or regulatory violation is found, the Referrer shall be responsible for any direct or indirect loss caused to ACML.