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Refer & Earn

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What benefits or rewards will the referrer get?

On every successful referral, the referrer will get Rs. 2000 free brokerage in his ICICIdirect account.

What benefits or rewards will the referee get?

When will referrer be rewarded?

Can Employees of ICICI Group, Agent or Business Partner participate in Refer & Earn program?

How many times referrals can be given by a client?

Who is a referrer?

Who is referee?

For whom is the Referral offer applicable?

What is the eligibility criteria for the Referral Program?

What details are to be provided by referrer while referring?


Terms and Conditions:

  1. You will receive the referral reward based on the date on which the referred party completed their NRI account opening process.
  2. This offer is valid from from 1st March 2021 onwards.
  3. You will get ₹2000 free brokerage for every successful referral that has initiated NRI ICICI direct account opening process referred by you within this offer period.
  4. The referrer will receive the referral reward within 30 working days once referee account is activated i.e. demat and trading account is opened aafter complete document & application verification in lines with the SEBI / Exchange regulations and internal policies and procedures of the ccompany.
  5. If details of the referred client already exist in ICICI direct database as an existing client or as a lead client, then it will not be considered uunder this scheme for referral reward and ICICI direct reserves the right to exclude such accounts for calculation of referral rewards.
  6. ICICI Direct reserves the right to carry out checks and controls as it deems fit and proper, before the credit of referral reward to the referrer.
  7. This offer cannot be combined with any other offer.
  8. ICICI direct reserves the right to amend this offer and these terms and conditions at any time without prior notice. The decision of ICICI ddirect on all matters relating to, or in connection with the use of this offer shall be final and binding on all parties concerned.
  9. This will not apply if someone else helps you open the account i.e. A business partner, a bank partner etc.
  10. You agree that the following activities are expressly prohibited and engaging in any of these will lead to initiation of legal and criminal action aagainst you and also result in immediate termination and disqualification from the Referral Program, forfeiture of existing referral invitations aand accrued, but not yet received, referral rewards:
    • Spam, bulk distribution of invitations, distribution to strangers or any other promotion of ICICI Direct Referral offer through invitations that wwould constitute or appear to constitute unsolicited commercial e-mail, sms, publishing any article or content about ICICI direct products, sservices etc.
    • Advertisement of any kind in any form on any medium print, audio visual form, web etc including social media (facebook, twitter, whatsapp, instagram, youtube etc) , or spam under any applicable law or regulation.
    • Fraud, attempted fraud or abuse of the ICICI direct Referral offer or these Terms & Conditions.
    • Selling, trading, bartering or providing anything of value to your Invitee beyond the referral invitation or otherwise using Your Program invitations or Rewards for promotional purposes.
    • Organizing competition, contests online, posting content about ICICI direct etc.
    • Any act or omission resulting in damage to ICICI direct in any form whatsoever in nature.
  11. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon.
  12. In case a same account is referred by two clients the one who have referred the first will be entitled for the referral benefit.
  13. Employees of ICICI Securities or employees of any ICICI group company cannot participate in this Refer & Earn program. Employees will not receive any referral benefit in case they participate and refer customers via Refer & Earn program.
  14. This Refer and Earn program is strictly meant for clients. Hence, all employees (and their immediate family members) of ICICI Securities and ICICI Group are not eligible for this Refer & Earn program. All employees of the ICICI Group are required to use the referral link enabled through the ICICI Universe/Intranet

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