Affiliate Programs
Groww Affiliate program Earn up to ₹1250 Commission
Last Updated on October 28, 2024 – by Mamta
Founded in 2016, Groww is the brand of Nextbillion Technology Private Limited, a SEBI-registered stock broker. Initially launched as a mutual fund investment platform, Groww is now a BSE and NSE member. The Groww app is secured with 128-bit encryption and boasts a high rating 4.5+ on the Google Play Store, making it one of the top-rated apps.
What Is the Groww Affiliate Program?
The Groww Affiliate Program allows anyone to introduce the famous investing platform Groww and earn commissions. Referrals also encourage affiliates to recommend specific audience members join and invest with Groww using the referral link provided.
The price that affiliates get is in terms of a commission each time their recommendation has been successful. This platform is useful for financial advisors, bloggers, and all those influencers who want to earn by providing people with a simple opportunity to invest in stocks, mutual funds, etc.
Commission Rate Per Sale – Upto INR 1250
Disclaimer—The mentioned payout can be changed without further notice, for which Monetizedeal is not responsible.
Step-By-Step Process To Start Groww Affiliate Program With Us –
- Step1-: Sign Up on MonetizeDeal with your few personal details.
- Step2 -: Once you have registered, go to the affiliate programs and type Groww in the search bar.
- Step 3 -: Now hold for the confirmation from Monetizedeal to be part of their affiliate marketing program.
- Step 4 -: When approved, you will receive unique promotional links for some of Groww’s products.
Pros & Cons:
Pros | Cons |
High Earning Potential | Limited Niche Appeal |
Trusted Platform | Competition |
Easy Sign-Up Process | Dependent on User Activity |
- Everyone who remains an affiliate earns a commission for every successful recommendation and hefty revenues as more people join.
- The program however was general and it is conceivable that it only would interest the general public with an interest in financial products.
Campaign Current Status
Payout Model and Tracking Info:-
(I) Payout Model
Program Name | Payout Model | Commission Rates (New and Old users) |
Groww Affiliate Program | CPS (Cost Per Sale) | Upto ₹1250 |
(II) Tracking Information and Other Details
Payout | Up to ₹1250 |
Type of campaign | Cost per Sale (CPS) |
Tracking time or frequency | 1 Hour |
Joining fees | Free |
Reporting | Online |
Profit Confirmation | 45 Days |
Cookie Duration- add | 30 Days |
- Disclaimer: Tracking is available on the web and mobile; their app is unavailable, but deep links and multiple conversions are possible.
- Payment Information: Payments are credited to the account in 6-10 days only through NEFT, and the minimum Withdrawal allowed is Rs250.
- Marketing Options For Promotions: Through our affiliate marketing link, you can publish it in any mail, custom mail, social media, Facebook ads, or search engine marketing.
Product Offered By Groww
Product Category | Product Sub-Category |
Stocks | Buy and sell stocks from various Indian companies with real-time updates. |
Mutual Funds | Invest in a wide range of mutual funds, including equity, debt, and hybrid funds. |
Fixed Deposits (FDs) | Groww offers fixed deposits from leading banks, allowing safe and secure investments. |
Gold | Digital gold investments for easy, low-cost access to gold buying and selling. |
US Stocks | Invest in major U.S. stocks and ETFs from India. |
SIP (Systematic Investment Plan) | Automate mutual fund investments with SIPs, allowing gradual, consistent investing. |
Is Groww Affiliate Marketing Worth It?
Yes, if you have an audience that is pro in investment and financially ready, the Groww Affiliate Marketing can be profitable. It has huge earning potential with free commissions and a dependable service provider. But what matters most in meanings here is your conversion of the leads into active users.
If your target group is not capable of understanding or investing in stocks, it could be tough to generate a massive amount of revenues. It is a good option for bloggers or influencers in the banking industry.
Groww Affiliate Program Review
If you’re a content creator who fits under the financial niche. The Groww Affiliate Program can be profitable for you as for every new user referred to the investment platform, you will receive a commission. However, as the program targets only a few rather popular applications, and relies on users making rather active investments.
The potential of making more money for the wider population is more likely to be rather limited. Considering all the points mentioned above, this one is the right option for all affiliates looking to target potential audiences interested in stocks, mutual funds and other financial products.
Terms and Conditions (T&C)
For Cancelled/Returned Transactions
The commission will not be confirmed if a user cancels or returns a transaction. Instead, it will be marked as cancelled according to Monetizedeal policies.
For Commission Rates
Commission rates can change and vary with each retailer. Check the latest rates on the Monetizedeal website before you start promoting.
Similar Affiliate Programs like Groww
FAQs
1. Which Is The Highest Paying Affiliate Program?
Groww Affiliate Market is the highest-paying affiliate program. It offers a variety of products in similar segments, and individuals can earn commissions by Promoting Groww products through unique referral links.
2. Is Groww Profitable?
Groww is considered a profitable company because of its broad range of offers, market standings, and implementation of Internet sales. As proof of its business success and strong financial standing, the company has realized organic growth and continued expanding worldwide.
3. What are Groww’s commission rates and minimum withdrawal rate?
Groww’s commission rate on Monetizedeal is Upto INR1250 on every product purchased through your link.
4. How does tracking work in the affiliate program?
Affiliate links have a tracking code that tracks your referrals’ clicks and sales. You can always view your sales and the commissions you will earn from the affiliate network.
Are there any restrictions on promoting Groww products?
Yes, affiliate promotion has some rules that must be followed, and Groww strictly restricts these rules: tricky, spammy, and misleading campaigns. Other advertising forms, such as paid search bidding on branded keywords, could also be limited.
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