Benefits:
Open your online Demat Account with Upstox in just a few clicks and start trading with low charges.
Simple, quick & paperless onboarding process.
Zero account opening charges
Zero commissions on investing in Mutual Funds & IPOs
Zero Account maintenance charges for the 1st year
Whom to sell?
1. Applicable only for new users. Old customers of Upstox are not eligible.
2. The customer's phone number should be linked to their Aadhaar Card. & the customer should have a PAN card.
3. For Android Users Only
4. Age should be 21+
How it works?
1. Watch the training video.
2. 24/7 support
3. A customer clicks on the apply now and redirects to Google Play to download the Upstox app.
4. Customer to enter the mobile number & complete the verification process.
5. Customer to create a PIN.
6. Customer to enter the email address & complete the verification process.
7. Enter PAN no, date of birth & personal details.
8. Accept terms & conditions & confirm the details entered before.
9. Customer to upload the signature & selfie.
10. Confirm your address details.
11. Customer to enter the bank details.
12. To invest in F&O: upload bank proof & submit ITR, bank statement or salary slip to activate F&O.
13. Enter Nominee details (optional)
14. Complete the e-signing process & enter the Aadhaar details and complete the verification process.
15. Once the customer's account is successfully opened (confirmation email received), the report will be generated after 7 days of account opening. If the case is tracked, your income will be credited to your linked bank account during the payout cycle (7-10 days).
Terms & Conditions
₹150-On Account Opening
1. The customer's phone number should be linked with their Aadhaar Card & the customer should have a PAN card.
2. Applicable only for new users. Customers should not have an existing relationship with Upstox.
3. The entire account opening process should be completed in one go.
4. Customers should have the following documents ready for quick account opening:
- Proof of income
- Proof of identity
- Proof of address
5. Tracking time is 7 days after account lead craetion.
6. Intraday trades won't be considered.
7. Once the customer's account is successfully opened (confirmation email received), the report will be generated after 7 days of account opening. If the case is tracked, your income will be credited to your linked bank account during the payout cycle (7-10 days)
8. Customer should be an active user, should have done multiple trade.
DOS
1. Complete the process in a single journey, if required, resume the journey using the link from the "my customer" section.
2. Check pincodes availability.
3. Customer should keep a blank paper and PAN card handy while doing KYC.
4. Customers should not have any existing account with the brand or had previously applied for the same.
5. Inform customers of the product features and how to use the account.
6. Always inform customers about the risks in the securities market and help them to understand the terms and conditions.
DON'TS
1. Don't make false promises like Loan, credit card offer to the customer.
2. Don't use your phone or laptop for opening the customer's account.
3. Never login to a customer account on your phone or device.
4. Avoid any mismatches between PAN and Aadhaar Card.
5. Multiple accounts are not allowed from the same device/number/email ID/PAN/Aadhaar/Address.
6. We reserve the right to deny participation, stop payout or permanently ban the partner if any fraudulent activity is observed like:
-Trading on behalf of customers.
-Trade Manipulation - Trading manipulation means a trade is done solely to earn payout, such as transferring small amounts of money, making small trades.
-Multiple accounts opened from same device
-Incomplete/false customer address or details
-Customer accounts opened without their knowledge
-Paying money or offering incentives for account opening or trade to customers.