Groww is a very popular investment app. It’s also become popular because of the Groww refer and earn offer. Today I am going to write about the Groww new refer and earn offer today which relaunched in 2023. If you open the Groww app then you will see the new Groww refer and earn offer when they are claiming they will give ₹25 to you and ₹25 to ₹100 to the new user. Previously Groww used to pay a flat ₹100 to both users. The new Groww referral offer is not the same for all users.
Last time, when I checked the Groww refer section, I saw they stopped their referral program. Back then Groww was only an investment app where we could buy stocks and mutual funds. But now they have added a lot of options like UPI bill payment, money transfer etc. Groww is focusing a lot on onboarding new customers who will use their UPI and bill payment feature. This is the reason they have changed the T&C of the Groww refer and earn offer. In this offer, you can easily earn up to ₹100 for signup and ₹25 for referral. Today we are gonna share about the Groww refer and earn offer today.
Groww is one investment platform where you can trade and invest multiple asset classes as well and you can also trade equity F&O. I started using the Groww app for it’s referral offer in 2018 or 2019. But later when I understood the power of compounding and learned investing, I started my initial investment on this platform. The best part of the Groww referral offer is you can withdraw in the Bank or reinvest in Groww all of your Groww referral earnings. Just like I did.
What is Groww App?
As mentioned earlier Groww is an all-in-one investment platform where you can invest money in many assets like Stocks, Mutual Funds and FD. Also, Groww recently launched multiple features to target more audiences to join their platform. The new features that Groww recently added to its platform are- pre-approved loans, UPI money transfer, mobile recharge and bill payment. Groww added the most used and demanded features in their platform so that new users join Groww instead of other platforms. This is the reason Groww has started its new referral offer where you can earn money..
The best part of the Groww app is that you can easily create your Groww account for free and also don’t have to worry about Account maintenance charges. On top of that the Groww App has extremely low brokerage charges compared to other Demat accounts in the Indian market. Nevertheless, I have also used the Groww app for a long time and can say it was one the best demat apps for beginners. I recently started using Groww UPI too and as usual, it is also top-notch.
Groww Refer and Earn Offer Today
Using the Groww refer and earn program you can money for inviting your friend. Earlier Groww had offered us ₹200 per referral program. However, Groww has discontinued this offer and launched a new offer.
Recently Groww has added a Groww Pay option just like Amazon and Paytm. To promote this feature Groww has started a new refer and earn program in which your friend can earn from ₹25 to ₹100 if they use your Groww referral code while signing up. Whereas you can earn ₹25 after they complete their first bill payment.
Create an Account On Groww
- First of all, install the Groww App.
- Sign up with Email ID.
- Enter your mobile number and verify using OTP.
- Enter Referral Code “DE8MEH“. Note you will get 7 days after signing up to enter this code otherwise, you won’t get the referral reward.
- Enter your PAN Card number and verify your name.
- Then enter your Bank IFSC Code and Bank Account details.
- Submit the Nominee’s Name and relation with you.
- Done! Your account on the Groww App has been created successfully.
Also Read: How To Invest in Groww
How To Refer and Earn On Groww
- Open Groww and log in using your credentials.
- Tap on the Profile icon.
- Then you will see a “Refer” option simply select that.
- Now you can see your referral code and referral link. You can share this with your friends.
- Once your friends sign up using your referral link or code and complete their first bill payment you will earn the reward.
Also Read: How To Withdraw Money From Groww App
How To Do Bill Payments On Groww App?
- Open Groww and log into it using your credentials.
- Tap on the Groww Pay icon from the bottom dashboard.
- Now select Setup Groww UPI in 1-click.
- Allow all the permissions.
- Proceed to set up by selecting the number and bank account.
- Once it’s done you can find all Recharge and Bill payment options.
- Simply select any of the options and enter your details.
- Proceed to payment and enter your UPI pin.
- That’s it you will get your cashback reward.
Also Read: Groww vs Zerodha vs Upstox
Groww Refer and Earn T&C
- The referral code doesn’t expire so you can earn your whenever your friends complete their first transaction.
- Your friends must enter the referral code within 7 days of signing up.
- You will receive your reward in your Groww wallet.
- It can take up to 2-3 days to reflect the referral reward In Your Groww wallet.
- You can redeem it 100% anytime.
Also Read: Groww vs Zerodha
FAQs: Groww Refer and Earn Today
No, there isn’t any limit for the Groww referral program. You can refer unlimited friends as you wish.
It can take up to 2-3 days for the cashback to reflect in my account.
No, you can’t invite existing Groww users.
You can earn as much money as you want from the Groww referral offer.
No, you can’t withdraw your Groww referral amount.
You can use the money earned through the Groww refer and earn an offer or after signing up by recharge or bill payment on the Groww app.
If you have created a Groww account then you get up to 7 days time to enter the referral code of your friends.