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10% Lifetime Brokerage Sharing + 300 Reward Points

Refer a Friend for Zerodha Demat Account

Help your friends and family start their investment journey. For every eligible Zerodha account opened through your referral, you earn brokerage sharing and reward points.

Lifetime Earning 10% Brokerage Share
Per Successful Account 300 Reward Points
Minimum Payout ₹500 via Console
Fast Referral Form

Submit Friend's Details

Submit the details and our team will guide your friend through account opening.

Interactive Tool

Estimate Your Potential Earnings

Slide to see estimated monthly brokerage payouts and points.

Referred Friends Trading Active: 5 Friends
Est. Monthly Brokerage Payout ₹1,500 / mo Eligible once the minimum payout threshold is met
Reward Points Earned 1,500 pts Redeemable for AMC or subscriptions
Zerodha Referral
About the Referral Program

Built on trust since Zerodha's inception in 2010

Zerodha would rather reward clients who refer with trust than spend heavily on ads.

A lot of Zerodha's customers came to them the same way: someone they trusted told them to. They have never run a newspaper or TV ad, and never plan to. A typical broker spends 10 to 15% of its revenue on marketing. Zerodha would rather hand that money to the people who actually do the convincing.

That belief is as old as Zerodha; they were the first broker in India to share a slice of their brokerage with the clients who referred others, and ran it that way right from day one in 2010. The program was temporarily paused due to regulatory mandates, but is now back.

Zerodha Referral Program Banner

Zerodha's referral program is back, enabling clients to share in the brokerage generated by their referrals. For every account opened through your referral, you earn 10% of the brokerage they generate, plus 300 reward points for each successful referral.

You will also continue to get 300 reward points for each successful referral. You can redeem these in Console for subscriptions to products like Tijori, MProfit, and Quicko, or put them towards your Account Maintenance Charge (AMC).

You can withdraw your referral brokerage share from Console once you accrue a minimum of ₹500, starting from August 1, 2026. Please note that only referrals made from June 1, 2026, are eligible for the brokerage share, and accounts referred under the older program won't carry over.

A Good Time to Tell a Friend

There has never been an easier time to bring someone on board. From June 1, 2026, anyone opening a fresh account won't pay AMC for their first year. And if they are moving holdings over from another broker, Zerodha will refund their transfer charges up to ₹500. This leaves fewer reasons to hesitate, which means your referral is far more likely to go through.

So if there is someone you have been meaning to nudge towards investing the right way, now is the perfect moment. Happy referring!

Referral FAQs

Frequently Asked Questions

Everything you need to know about rewards, payouts, and terms.

You earn 10% of the brokerage generated by every eligible referred account, plus 300 reward points for each successful referral.
You can withdraw your referral brokerage share from Zerodha Console once you accrue a minimum of ₹500. Withdrawals start from August 1, 2026.
From June 1, 2026, fresh account openers get first-year AMC waived. If they transfer holdings from another broker, Zerodha will refund transfer charges up to ₹500.
Reward points can be redeemed in Console for premium subscriptions like Tijori, MProfit, Quicko, or applied toward your Account Maintenance Charges.
Only referrals made from June 1, 2026, are eligible for brokerage sharing. Accounts referred under the older program will not carry over.