11 Best Demat Account Affiliate Program

As the trend of online trading grows in India, driven by a rising interest in investing, demat affiliate programs offer a lucrative opportunity for those wanting to benefit.

With more Indians showing interest in financial markets, finding the best demat affiliate programs becomes crucial for maximizing earnings in financial affiliate marketing.

In this article, we’ll explore 11 best Demat Affiliate programs in India, providing insights into their features, commission rate, and potential for generating substantial affiliate income

1. Mstock

With Mstock’s affiliate program, you can earn INR 555 every time a friend you refer opens a Zero Brokerage account.

What’s even better is that you’re guaranteed to receive your referral payout within just 24 hours of your friend’s account opening.

It’s a simple and hassle-free way to earn money while helping your friends discover the benefits of Mstock’s Zero Brokerage account.

Commission: Up to INR 555

2. Groww

Groww is a modern discount broker reshaping the landscape of traditional broking by offering a unique opportunity through its affiliate program.

For nearly seven years, Groww has been transforming the pricing norms of the industry.

Now, with its zero-investment-cost affiliate program, individuals can join hands with Groww to earn commissions of up to INR 300.

Commission: Up to INR 300

3. HDFC Sky

The HDFC SKY Affiliate program is designed with your needs in mind, offering value-driven plans at cost-effective rates.

By joining, you not only benefit from personalized options but also earn rewards for each successful referral.

For every new client you bring onboard, you receive a fixed amount of INR 250 as a one-time payment, serving as an instant incentive to grow the HDFC SKY community.

Comission: Up to INR 250

4. Kotak Securities

Among the best franchise opportunities in the stockbroking business is the Kotak Securities Affiliate Program.

Kotak Securities stands out as a reliable partner for prospective affiliates thanks to its excellent reputation and excellent customer service.

By providing major incentives such as INR 400 for each successfully opened account (up to a maximum of 4 accounts per month) and a two-year 10% brokerage share produced by referred clients, Kotak Securities makes sure that its affiliates prosper with the company.

Commission: Up to INR 400

5. Yes Securities

Yes Security Affiliate Program offers an exciting opportunity to be a part of a full-service commercial bank that caters to a diverse clientele, including retail, MSME, and corporate clients.

Through INR Deals ad network, you can directly join Yes Securities Affiliate Program and earn up to INR 700 per lead.

Known for its high affiliate commission and validation rates, it is one of the top-converting campaigns in the Banking & Finance category of affiliate marketing in India, making it a rewarding venture for affiliates.

Commission: Up to INR 500

6. Samco

The Samco Affiliate Program offers a simple and rewarding way to earn extra cash or gift vouchers.

By referring friends to join Samco, you not only receive a cash bonus or gift vouchers but also share 10% of the brokerage generated by your referred friends for life.

Opening a demat account with Samco comes with zero cost, and there are no demat account maintenance charges for the first year.

Additionally, you can receive gift vouchers worth up to INR 3,000 when your friend opens a Samco account and starts investing.

Commission: INR 165

7. Angel one

With 10 million satisfied customers, Angel One (previously known as Angel Broking) is a trustworthy source for all of your trading and investing needs.

With a wide range of services, including free Demat accounts, digital KYC, and flat brokerages, Angel One guarantees smooth trading experiences and makes stock trading affordable and accessible.

On top of that, Angel One offers an amazing trading affiliate network that lets users earn a guaranteed fee of up to INR 125 per lead.

Commission: Up to INR 125

8. ICICI Securities

The ICICI Security Affiliate Program is an initiative by ICICI Bank Ltd. to offer a comprehensive suite of financial services to its corporate and retail clients, high-net-worth individuals, and SMEs.

As part of ICICI Bank’s diverse offerings, the program includes personal and corporate banking, investment banking, private banking, venture capital, life and non-life insurance solutions, securities broking, and asset management services.

Clients can access a wide range of products, such as consumer and business cards, investment products, and deposit accounts, including savings, current, and resident foreign currency accounts, through this program.

Commission: Up to INR 430

9. Upstox

Upstox is an Indian brokerage firm well known for offering competitive trading opportunities. Their trading platform provides users with a range of advanced functions such as trading, analysis, and charting, making it easy to place orders online and trade on-the-go using mobile devices. With Upstox Pro Web and Upstox Pro Mobile, trading across equities, commodities, currencies, futures, and options markets is made accessible to all.

New and existing users can benefit from commission rates of up to INR 765. Additionally, individuals can earn between INR 5,000 and INR 10,000 monthly through the Upstox affiliate program by promoting their services within their network.

Commission: Up to INR 765

10. Motilal Oswal

Motilal Oswal is a prominent financial services company in India, provides a wide array of services including equity and commodity broking, investment banking, portfolio management, mutual funds, wealth management, and insurance. known for its research-based investing approach, Motilal Oswal has established a strong foothold in the Indian equity market. Listed on both the NSE and BSE, the company has garnered numerous awards for its exceptional services.

With the Motilal Oswal affiliate program, you can earn up to INR 500 for every successful referral, offering a rewarding opportunity to benefit from their trusted services.

Commission: Up to INR 500

11. Anand Rathi

The Anand Rathi Affiliate Program presents a golden opportunity for investors and partners alike. For those seeking to align with a premier financial services firm, Anand Rathi Affiliate offers the ideal platform. With a steadfast commitment to mutual benefit, this program equips partners with a wide array of financial products to cater to their clients’ needs. Performance-driven incentives ensure affiliates can earn lucrative revenue shares ranging from 30% to 50%, making it a rewarding venture for those seeking success in the financial services world.

Commission: Up to 30% to 50% of revenue