Hi guys are looking for an INDmoney Referral code 2024? If yes then here in this article you are gonna find out about the INDmoney referral code for 2024. Additionally, we have also shared about the INDmoneys latest referral program in detail. Therefore you can easily earn money from this app.
INDmoney is a Sebi-registered investment platform. You can find many applications to invest in stocks or mutual INDMoney is also one of them. However, INDMoney is the one-stop solution for all of your financial needs. On this platform, you also invest in Indian equity, and mutual funds apart from the US market.
Also Read: Best Daily 100 Rupees Earning Apps in India
INDmoney Referral Code 2024
| App | Details |
|---|---|
| App Name | INDmoney |
| Ratings | 4.5 |
| Downloads | 5M+ |
| Size | 43 MB |
| Requirements | Android 6.0 and up |
| Referral Bonus | ₹250+ 40% Brokerage Share |
| INDmoney Referral Code | SUB4V9QTIND |
What is INDmoney Refer and Earn Program?
Earlier if you refer someone using the INDmoeny app and when they invest a minimum ₹1000 in their US Stock account you would get ₹500 instantly. INDmoeny recently changed its referral program and made it better than the earlier offer. From now if you invite someone on the INDmoney app you will have ₹250 in addition to this you will also get Get 40% brokerage whenever your referred friend trades.
What is INDmoney Referral Code?
The latest Referral Code for INDMoney is SUB4V9QTIND. You can use this INDMoney referral code in 2024 to earn an amazing signup bonus. You can also earn referral rewards by sharing your referral link code with your friends or family members.
How To Refer a Friend on INDMoney?
- Open the INDMoney App and then click on the More Icon located in the top right corner of the app.
- Scroll Down and Select IND Stocks Under “Referral and Rewards”.
- Now Click on the Invite Friends option.
- After that, you will find your referral link and referral code.
- Finally, Share that with your friends to get the reward.
- After they create an account using your referral link or code you will receive a gift card of ₹250.
- Once your friends start investing or trading on the platform you get a 40% Brokerage Share.
Few things to know about INDMoney Refer and Earn
- You will receive a reward card on the referral page which you have claimed within 30 days.
- After claiming the reward card the referral reward will be credited to your INDstocks wallet. You can withdraw the money or reinvest it.
- You can earn referral rewards for up to 10 successful referrals every month.
- If your friend’s trade generated a brokerage is more than ₹5 then can receive 40% of the brokerage amount.
- Brokerage Share amount will be credited to your INDstocks wallet within 3 days.
- You can earn 40% Brokerage for 5 years from each referral.
Start Investing in INDmoney
INDmoney Account Opening Process
- First of all, Download the INDMoney application using the link provided below.
- After completing the download open the app, skip all intro and select the Get Started option.
- Enter your mobile and Verify OTP.
- On the next page click Provide essential details like name and email address. Then Select the Have a Referral code option and use the Referral code: SUB4V9QTIND to get the signup bonus.
- After that enter your PAN card detail and click on auto fetch detail.
- Accept Terms and Conditions.
- Then you have to provide a photocopy of your Adhaar card, PAN Card, signature and a selfie.
- Finally, verify your bank account and then verify your Adhaar card using OTP.
- Done you have successfully created your INDmoney account.
INDmoney Charges
| INDmoney | Charges |
|---|---|
| Account Opening Charges | ₹0 |
| Profile Verification Charges | ₹0 |
| Account Maintenance Charges | ₹0 |
| Brokerage | 0.05% up to ₹20 |
How To Create in US Stocks Account in INDmoney?
To invest in US stocks on INDmoney you have to first create a Federal Bank Account. Don’t worry about that you don’t need to visit the bank or do any paper. Just follow the steps mentioned below to open your Federal bank account.
- After Creating an account on INDmoney, head over to the US stock section on the homepage. There you have to click on “Create Free US stock account”.
- Now you have to complete KYC for Federal Bank via a video call. For that, you need an Adhaar Card, a PAN card.
- While Completing the KYC you should be alone in the room if there is any third person present then the process will be declined.
- Just Complete the KYC process as the customer associates tell you.
- After that, you will have to verify your number. Its an automated process but be assured that you have an active plan.
- After 24 hours your Federal Bank account will be created and then you can invest in US stocks.
Also Read: Best Demat Accounts in India
How To Invest in US Stocks in INDmoney?
To Invest in US Stocks in INDmoney you will need to top up your US stock account balance first. The minimum amount for adding money is 1000 and it can take up to two days to reflect in your US Stock Wallet. After that, you can follow these steps:
- Open the Indmoney app and then log in to it using your credentials.
- Now head over to the US Stocks tab.
- Search and select the US stock you want to Invest.
- Tap on Buy Option.
- If you want to invest in fractional shares then enter the amount and if you want to buy more than one quantity of that stock then enter the quantity,
- Now Hit on Place order and that’s it.
Also Read: Best Apps to Invest in US Stocks From
How To Sell US Stocks Money From INDMoney
- Open INDmoney and then go US stock section.
- Under the US Stock Section, you will see all the stock you have purchased.
- Select the stock you want to sell and then click on sell.
- Choose the quantity then proceed and that’s it.
FAQs: INDMoney Referral Code
Yes, you can invest in mutual funds using the INDmoney app.
The INDmoney offers you ₹250+40% brokerage whenever your referred friend trades.
Yes, you can only refer 10 people a month.
There isn’t any AMC or account opening charges in INDmoney but you have to $5 for withdrawal in US Stocks.
Yes, you can sell US stock on INDmoney Same Day of bought.
No, you can’t trade in commodities in INDmoney.
It takes 1-2 days to reflect the referral reward in you INDstocks wallet.
Both these applications are good in their own way. Speaking of Zerodha it’s an excellent platform to Invest in Indian stocks and mutual funds. Only Con of Zerodha is there an account opening and maintenance charge.
Final Thoughts
So the latest Referral Code for INDMoney is SUB4V9QTIND. Use this code while creating an account and you will get the latest rewards available. Now Speaking of INDmoney it’s a really good application with zero account opening charges and also zero AMC.
Also, If you want to invest your money in popular US brands like Apple, Amazon, Tesla, google or Microsoft then INDMoney is an excellent application for you. However, one recommendation from our side is to not withdraw money from US stocks regularly as it charges $5 per transaction.
