ReferGroww Referral Code & Sign Up Bonus
Maximize your rewards when creating a new account.
Your Sign-Up Reward
HUI8LBBy using our link/code, we may earn a commission: "Earn ₹100 to ₹300 direct cash bonus when your invited friend completes KYC and makes their first investment.". This helps keep ReferBenefits free!
⚠️ SEBI Statutory Risk Disclaimer:
“Investment in securities market are subject to market risks. Read all the related documents carefully before investing.”ReferBenefits is an independent referral directory and does not provide investment advice. Brokerage rates and account terms are subject to exchange norms and broker policies.
Share this offer
Key Highlights & Transparent Terms
At a GlanceEditorial Verdict
“India's top beginner-friendly Demat platform with ₹0 AMC and transparent ₹100-₹300 referral rewards.”
Fee & Terms Schedule
Reward Unlock Roadmap
Crucial Terms to Keep in Mind
- T+1 Bank Withdrawal Settlement: Referral cash bonuses credit to your Groww Balance ledger immediately, but require standard T+1 trading day clearance before they can be withdrawn to your bank account.
- Mandatory 30-Day First Order Window: To qualify for the welcome reward, the initial investment must be completed within 30 days of account activation.
Real-World Value Simulation: Annual Equity & SIP Investing
How to Claim Your Bonus
ℹ️ Outbound links on this page are affiliate links.Click the official Groww invite link: https://app.groww.in/v3cO/0g02xen8 to download the app.
Sign up using your primary Google account and Aadhaar-linked mobile number.
In the onboarding referral field, verify that partner invite code is applied.
Complete paperless digital KYC by uploading your PAN card, Aadhaar OTP authentication, and bank account details.
Execute your first direct mutual fund investment (from ₹100) or stock purchase to activate your Demat account and receive your ₹100 bonus.
✅ Pros
- Zero account opening charges (₹0) and ₹0 lifetime Annual Maintenance Charges (AMC) on Demat accounts.
- Zero commission charges on 100% direct mutual fund investments and SIPs.
- Fast paperless Aadhaar-based digital KYC completed in under 5 minutes.
- Unified dashboard for Indian stocks, direct mutual funds, IPOs, ETFs, and sovereign gold bonds.
- SEBI and CDSL registered with transparent flat ₹20 or 0.05% brokerage on equity delivery.
❌ Cons
- Brokerage of flat ₹20 or 0.05% applies on equity delivery (unlike Zerodha's ₹0 delivery model).
- Options analytics and multi-leg derivatives tools are basic compared to specialized active trading terminals.
- Referral bonus credit requires the invited user to complete full KYC and execute an initial transaction.
Groww Refer and Earn Program 2026: Exact Reward Amount, Rules & Broker Charges
With over 1.2 Crore active retail investors, Groww is India's leading digital investment broker regulated by SEBI and depository participant with CDSL. Whether you are opening a paperless Demat account or looking to earn passive rewards through the Groww Refer and Earn program, this guide provides complete transparency on payout amounts, brokerage fees, and withdrawal rules.
Groww Refer and Earn Amount & Rules (2026 Update)
The standard Groww Refer and Earn scheme pays ₹100 to ₹300 per successful referral. To qualify:
- The referee must apply via the verified link with code HUI8LB.
- The referee must complete full DigiLocker Aadhaar e-KYC and bank penny-drop verification.
- The referee must execute their first transaction (such as a ₹100 mutual fund SIP or stock purchase) within 30 days of registration.
- The reward is credited to Groww Balance within 24-48 hours and can be withdrawn to any linked bank account after standard T+1 settlement.
Brokerage and Fee Schedule
| Service / Feature | Groww Rate | Conditions |
|---|---|---|
| Account Opening Fee | ₹0 (Free) | 100% paperless digital onboarding |
| Annual Maintenance Fee (AMC) | ₹0 Lifetime Free | No recurring maintenance charges |
| Direct Mutual Funds | ₹0 Commission | Direct plans only (higher NAV returns) |
| Equity Delivery Brokerage | Flat ₹20 or 0.05% | Whichever is lower per executed order |
| Intraday & F&O Brokerage | Flat ₹20 | Per executed order |
| Sign-up Welcome Bonus | ₹100 | With verified invite code HUI8LB |
Support Our Independent Verification Research
If our in-depth fee comparisons and step-by-step guides helped you choose the right offer, kindly consider using our verified referral links/codes when signing up. It costs you absolutely nothing (you still receive the maximum verified sign-up bonus!), while directly supporting our editorial team to continue researching, testing, and bringing you genuine, high-paying referral benefits.
Frequently Asked Questions
What is the Groww refer and earn amount in 2026?
In 2026, the Groww refer and earn amount is ₹100 to ₹300 per successful invite. When a friend joins using your referral code (HUI8LB), completes Aadhaar-based e-KYC, and activates their Demat account by making their first investment, you receive up to ₹300 credited directly to your Groww Balance. The newly registered friend receives ₹100 instant bonus.
How long does the Groww referral bonus take to credit?
The Groww referral reward is credited within 24 to 48 hours after your invited friend's Demat and trading account is fully approved by CDSL and their first qualifying order (stock or mutual fund SIP) is executed.
Can I withdraw the Groww referral bonus directly to my bank account?
Yes. Once the referral reward reflects in your Groww Balance, standard regulatory settlement rules apply (T+1 trading day). After the settlement cycle clears, you can transfer the entire balance directly to your linked bank account via IMPS/NEFT with zero withdrawal fees, or use it to invest in stocks and mutual funds.
Are there any hidden account opening or AMC fees on Groww?
No. Groww charges ₹0 for account opening and ₹0 for lifetime Annual Maintenance Charges (AMC). You pay zero recurring maintenance fees regardless of your portfolio size.
What are the brokerage charges on Groww in 2026?
Groww charges flat ₹20 or 0.05% (whichever is lower) per executed order on equity delivery and intraday trades. Direct mutual funds have 0% commission and ₹0 brokerage. F&O trades are charged at flat ₹20 per executed order.
⚠️ Disclaimer
Please independently verify all details and terms of service of the third-party apps or platforms before participating. ReferBenefits is not responsible for any direct or indirect financial outcomes, profits, or losses.
All referral links and promo codes are provided for informational and promotional purposes only. We aim to keep listings accurate, but we do not guarantee the availability or validity of third-party offers.
Engaging with external services and using these codes is done entirely at your own discretion and risk.
Please make financial decisions responsibly. 🙏