Can the referral programme be changed or withdrawn?
JDA may change or end the programme, and any change is updated on the Referral page and the Notices page.
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Referral Programme
Our Motto
Good services and full attention to the needs of the client is our motto, and when we do our job well, you are kind enough to refer our services to your friends and acquaintances.
As an acknowledgement for that we would like to say thank you by sharing a part of our revenue. Here is how we propose to do it.
Example
How Referral Income Works
Thus as you can see, by giving simple references to your friends and acquaintances you can earn over and above your portfolio, without having to do much at all!
Level 1
Your Direct Referrals
- 1
Assuming Client A refers 2 clients every month, aggregating 24 clients per annum.
- 2
Assume that only 50% of your referred clients are active, i.e. 12 clients are actively trading with us.
- 3
Assume that every active client generates revenue of Rs. 5000 p.m. So total revenue per month from 12 active clients will be Rs. 60000.
- 4
Client A earns referral income @ 10% of the revenue generated by the client. So Client A will receive Rs. 6000 (Rs. 60000*10%) as a referral income on a monthly basis.
Level 1 · 10% referral incomeRs. 6,000 per month
Level 2
Referrals Given by Your Referred Clients
Now in addition to above, Client A will also get the benefit of further referrals given by Client B and many such clients referred by Client A.
- 1
Assuming that 12 referred clients give further references to us.
- 2
Considering that each client refers us a single client every month will lead to 144 new client references.
- 3
Out of the total referred clients, only 50% activation ratio will lead us to 72 active clients.
- 4
Assume that every active client generates revenue of Rs. 5000 p.m. So total revenue per month from 72 active clients will be Rs. 360000.
- 5
Second layer referral revenue is 5% of the revenue generated by the client. So you will receive Rs. 18000 (Rs. 360000*5%) as a referral income.
Level 2 · 5% referral incomeRs. 18,000 per month
What's more, we can assure you, with our top notch services, your friends will be more than happy to pass on some of their goodwill too!
Rewards
Reward Programme
As well as referral income, JDA clients earn reward points on the brokerage they generate and on successful referrals. One reward point is worth ₹1.
For example, a client earns 200 points when a friend they refer opens an account, and points equal to 2% of the brokerage generated in their own account: ₹5,000 of brokerage earns 100 points.
Reward points can be redeemed as per the programme terms. JDA may change or withdraw the programme with prior notice to clients.
Terms
Terms & Conditions
Referral income and reward points are paid only on referred clients who open an account with JDA and trade. Figures shown are illustrations, not a promise of income.
JDA may change or end the referral and reward programmes with seven working days' prior notice. Referrals must not involve any promise of returns or tips.
Examples are illustrative and not a guarantee of earnings.
Check Detailed DocumentFAQs
See all FAQsWhat clients ask about the referral programme
Referral & rewards
Refer a Friend, Earn Rewards.
Have a question about the referral programme? Send it to us and we will explain how it works.
What happens next
- 01
Tell us what you need
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- 02
We check and respond
Our team reviews your request and gets back to you.
- 03
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Broking access and services remain subject to eligibility, applicable rules, platform availability and current terms. Investments in securities markets are subject to market risks.
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