You would have often been advised not to keep your extra funds stagnant or invest them all in fixed deposits as the returns are quite low. There is some amount (even Rs 500 monthly) which you should be investing in SIPs or Mutual Funds for higher returns.
Groww is a platform that helps you with the most popular SIP and investment plans that you could use. As a promotional offer, they have also come up with a refer and earn program in which you can get upto Rs 500 PayTM Cash per every friend you bring to their platform. If your friend signs up via our link and he verifies document, you get Rs 50 and huge bonus of Rs 450 when he invests. So start referring now :)
Note - The offer has not been verified yet as a/c to them, rewards will be processed after 31st August. Use at your own discretion.
They have changed terms and conditions now and there is no reward on signing up. The referral must verify his documents for you to earn Rs 50
How to earn PayTM Cash from Groww App ?
2. Now click on 'Sign In' and complete the process via your google account or you can also enter e-mail id by yourself. Verify your mobile number via OTP
3. Now click on top right profile icon >> Refer and Earn
4. Copy your referral link and share with your friends
5. You will get the rewards as per below -
- If your friend signs up, you get Rs 0
- When your friend verifies his documents, you get Rs 50
- When your friend invests Rs 5,000+ or SIP of Rs 1,000+ in Equity/Hybrid funds before end of offer (31st August), you get another Rs 450.
To start investing, visit here and follow the procedure. Invest at your own risk !
Terms and Conditions
2. Earnings will be released 1 week post end of offer (31st August)
3. If SIP is cancelled, your referral reward will also expire.