With the popularity of the share market growing amongst people, the trading platforms have gone online through which people can buy, sell and trade the shares online with just a few simple clicks. Earlier, people had to go through various steps from office to office to open a Demat account to hold their shares. Not only this, but there share certificates earlier that had to be physically exchanged for trading to take place, but with an online Demat account everything takes place online.
5 Paisa Referral Code
The competition also increased amongst various trading platforms because of the emergence of so many trading apps and websites altogether. So, they are coming up with offers like the free opening of the Demat account or offer money in the wallet of the particular platform.
One such website is 5 Paisa. It not only provides you the benefit of opening your Demat account for free but also gives you Rs. 100 in your 5 Paisa Wallet due to which people are more willing to invest through a source like 5 Paisa. Not only is this, but the user-friendliness of the 5 Paisa app and website is one of the major reasons why the platform is gaining such huge popularity. It is convenient for the users plus, it offers extra benefits.
About 5 Paisa
5 Paisa is a trading platform that is gaining popularity very rapidly. In 5 Paisa, you make different financial investments using your Demat account. On this platform, you can open your Demat account without any charges and you also get Rs. 100 in your wallet. There are also many other benefits when you use the promo code.
How does 5Paisa Promo Code work?
When you are creating a new account in 5 Paisa, you can use a promo code to avail many benefits which it offers. Now use the promo code of other users, it benefits both of you. When you use the promo code to open your account, there are no transaction charges or an entire month, and there is no maximum transaction limit. With so many benefits available, and everything being free, it is preferable to open your account with a promo code.
When you first register using your promo code, Rs. 100 is immediately added to your wallet. Not only this, but you can also send referrals to other people, and when they use your promo code, you get Rs. 250 in your wallet, and this goes on for as many people as you refer.
It is especially great for a new user, who hesitates to spend money on a new platform. Eventually, when they learn more about the market, the small amount of the transaction fee will not bother them. But, to start with 5 Paisa, the app first builds the trust of the users.
Earn 5 Paisa Free Demat Account
There are certain requisites for creating a Demat account with 5 paise. These conditions must be met to create your account. The most important condition is that the user must have access to a PC, Laptop, or smartphone with a stable internet connection. These are the primary requirements.
Next, the users must have the mandatory documents like PAN Card, Aadhar Card, Passport Size, Passbook, Photograph, and Scanned copy of the signature.
How to create a 5 Paisa Demat account using a promo code?
To create your 5Paisa Demat account using the promo code to avail the benefits attached to it, you have to follow the given steps:-
- Register on official 5 Paisa website
You are first required to register to use the services of the 5 Paisa platform. To register, you need to go to the official website.
- Open Demat Account
On this page, you have to click on “Open Demat Account” and the process will begin shortly after.
- Promo code
Enter your contact number and the promo code that you have. If the promo code is approved, you will receive a call regarding the same.
- Fill in the KYC verification details
Now on the next page, you have to step by step fill in your KYC details which include your PAN Card Number, your Date of Birth, verify your contact details by generating and entering the OTP, and your bank details by entering your Bank Account number and your IFSC code.
- Fill your Personal and FATCA Information
Now, in the second step, enter your personal details like your name, parent’s name, gender, marital status, education, and profession.
And in the FATCA information, you are required to enter your nationality, nation of birth, and choose your source of income.
Get 5 Paisa Referal Code And Earn Free Demat Account
- Enter your address
In the next step, you have to enter your address which must be the same address present on your Aadhar Card.
- Select your Plan
In this step, you are required to choose a plan. Choose the plan whichever is suitable for you and check the terms and conditions after carefully reading them and tap the “Proceed” button.
- Upload mandatory documents
Finally, upload all the necessary documents which were mentioned to you in the conditions for opening a Demat account in 5 Paisa.
- OTP generation
Now you receive an OTP to verify your Aadhar and check the box to finally click on “Proceed”.
- NSDL page
Once again, mark your signature, and check the boxes and generate OTP. Finally, your account is created and you can begin your activities.
These were all the details you needed to know regarding the 5 Paisa referral and the method to create a Demat account using a Promo Code. For more updates check Timesalert.