6 Things to Know about mastertrust’s Refer and Earn Program.
Palka A Chopra
19 Jul 2024Tags:
Investing
Mastertrust is a leading platform that has been enabling a diverse set of investors to make the most out of the exciting investing opportunities in the Indian market. Our experience spans to a wide range of asset classes to offer our clients a one-stop solution for all their investment needs. With mastertrust, one can open an instant free trading and demat account within a few days.
One can start online trading today with a paperless account and this account opening facility(eKYC) is for opening both trading and demat account offering Internet Based Trading (IBT) as well as for offline trading account. The most exciting thing about being associated with mastertrust is that one can avail the benefits of REFER AND EARN through mastertrust’s Refer and Earn Program. One can use their unique referral link and share it with their friends and acquaintances to earn exciting rewards.
We, at mastertrust, believe that growing together is one of the most important factors of business. Thus, for every person who opens an account with mastertrust using your Referral Link, you get Rs. 750* and in this way the more you refer, the more you can earn.
Here are the 6 things to know about the Refer and Earn Program: -
1. Eligibility
The eligibility to participate in the Refer and Earn Program is that it is open for anyone who has an account with mastertrust can refer his/her friends, or colleagues to ‘Open an Account with Us’. One can get monetary awards from this Refer and Earn Program. All you need is an active Trading and Demat account with mastertrust.
Once someone shares their referral code with their referees, the referees need to open an account with mastertrust using a referral code. As soon as their account gets verified and active, then they will be rewarded. It is a simple and convenient process.
2. Terms and Conditions
Following are the Terms and Conditions of the Refer and Earn program: -
- The mobile no. & email-ID at the time of referring and opening an account should be the same so that mastertrust can match the records with the reference provided.
- The referrer must confirm the consent of the referred person for providing his/her details.
- In case of any dispute, the decision of mastertrust management will be final and binding.
- The introducer shall have no authority to prescribe the brokerage rates applicable to the clients and shall have no authority to change the brokerage rates as prescribed by mastertrust. The introducer shall not make any false promises to the prospective customers with regard to the brokerage and other charges.
- mastertrust reserves the rights to withdraw this offer any time before the validity period.
- All the verification and account opening process will be carried out by the mastertrust team and it reserves the right to reject the case depending on compliance requirements and the company’s existing policies and procedures.
- mastertrust reserves the right to carry out checks and controls as it deems fit and proper, before the credit of referral reward to the referrer.
However, it must be noted that if the details of the referred client already exist in mastertrust’s database as an existing client or as a lead client, then it will not be considered under this scheme for referral reward and mastertrust reserves the right to exclude such accounts for calculation of referral reward.
3. Procedure to Refer and Earn
In order to participate in the Refer and Earn program, firstly, one must ‘Login’ to their account. Next, they must go to the ‘Refer and Earn’ option on top menu. One can directly mail their friends, colleagues etc. or share the referral link via social media platforms by selecting the icon mentioned on the page.
4. Registration for mastertrust’s Refer and Earn Program
To register for mastertrust’s Refer and Earn program, one needs to have an account with mastertrust. If one does not have an account with mastertrust yet, select ‘Register’ and start an application to create an account with mastertrust by filling in the required details. Once the account is created and verified, one can go to Refer and Earn page and share the unique referral code with their friends.
5. Charges related to the Refer and Earn Program
This program is free for everyone and once they sign up for the program, one will get an auto-generated referral code for every offer that is published by mastertrust.
6. TDS Deduction
If any client gets referral credit of more than Rs. 15,000 in any financial year then TDS shall be deducted on the whole amount.
One can refer as many people as they want at the same time to avail maximum benefits from the Refer and Earn Program. Referral award will be given if referee opens an account subject to minimum cash margin of Rs. 5,000 and account getting activated within 30 days of referral. One can easily see the details of their referees who have successfully opened an account with mastertrust using the referral codes given by them on their Refer and Earn dashboard.
So, Hurry and take advantage of all the benefits of the Refer and Earn program of mastertrust!
Palka A Chopra
19 Jul 2024Related blogs


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