How to refer and earn on Groww app | Get ₹100 per referral

how to refer and earn on groww app

Are you interested to earn an extra income? If yes then this article is for you. Because in this article I will tell you about Groww App Refer and Earn and how you can get paid just by inviting your friends. Currently, the Groww app is giving Rs 100 per referral which can be easily withdrawn. By inviting all your friends and family members, you can make a very good income from this.

Refer and Earn this money earning method is currently trending in India. This is a very good method to collect big pocket money, without much effort and without wasting much time. In this method, you just have to refer a related application, website, or anything to your friends and family members. And when your friend proceeds further from your referral link then you get paid. Similarly, the Groww app offers refer and earn plan, from it you get Rs.100 on each referral.

What is the Groww app?

Groww is an Indian platform, which has launched an online investment service. Using Groww you can open a free account electronically, and can invest in mutual funds and stocks. It has partnered with 34 mutual fund houses and about 5000 mutual funds are available on it. Mutual fund explorer is available on Groww with information including past performance. Groww does not give you any recommendations because it believes in selecting the portfolio based on your own knowledge.

For the past few months, the Groww app has been a big hit due to the Refer and Earn program of the Groww app. You can earn money just by referring this app to your friends, which can be invested in this app itself and else can be withdrawn.

Also read | How to refer and earn on the Bigul app?

How to refer and earn on the Groww app?

It is very easy to earn by referring on Groww App. Here you can open your account for free. Not only account opening, everything is free here, just if you want to invest, then it only costs money. If you like to earn money by inviting then read a related article how to refer and earn in Amazon Pay.

How to create an account on the Groww app?

To create an account on Groww App, your mobile number must be linked with PAN card and Aadhaar card. And you have to sign up with the same number which is linked with your Aadhar, PAN, and Bank. Don’t hesitate to add your bank details to the app because it provides 100% protection to your data with Bank Grade Security.

  1. Click on the “Continue with Google” button if you want to sign up through your Google account or else Click on Continue with Other Email.
  2. Select a Google account, enter a mobile number, then click on the “SEND OTP” button.
  3. Verify your mobile number with OTP sent to your mobile number.
  4. Enter your PAN number and click on the “CREATE ACCOUNT” button.
    • It will show a confirmation message with your name, and click on the “CONFIRM” button.
  5. Select your date of birth, check the checkbox, then click on the “NEXT” button.
  6. Select your gender, marital status, occupation, income, and trading experience as well.
  7. Enter your mother’s and father’s name, then click on the “NEXT” button.
  8. Enable “ADD NOMINEE FOR MUTUAL FUNDS” if you want to add a nominee to your mutual funds and enter the other required information.
  9. Choose a bank in which your bank account exists, then enter the IFSC code of your branch.
  10. Enter your bank account number.
    • In order to verify your bank account Groww deposits ₹1 to your bank account.
  11. Click on the “CAMERA” button to take your photo, then submit your photo.
  12. Click on the “PROCEED TO SIGNATURE” after that do your signature and click on the “SUBMIT” button.
  13. Now click on “PROCEED TO AADHAAR ESIGN” then click on “Proceed to eSign” on popup.
  14. It will open an Account Opening Form, scroll extremely down, and click on “Sign now” button.
  15. Now enter your aadhaar number under NSDL Electronic Signature Service, check the check box, and then click on “Send OTP” button.
  16. Enter the OTP sent to the number linked with your aadhaar and click on “Verify OTP” button.
  17. Your account has been created successfully, now click on “LET’S START” button.
  18. Now you have to set a four-digit pin to keep your account secure, else you can also use fingerprints.

Your account verification is still pending. You can’t invest, buy stocks, and even won’t get Refer and Earn option until the account gets fully verified. It takes one night for account verification.

Refer and earn on the Groww app

You should have a fully verified account to activate the Refer and Earn option in your app. Let’s see how to refer and earn on the Groww app:

refer and earn in groww app
  1. Open the Groww app on your mobile.
  2. Click on your profile picture at the top right corner.
  3. Now click on Refer & earn option.
  4. You can invite your friends via Whatsapp or share invitation link on Facebook, Instagram, and Twitter.

You can share your invite link as many times as you want. Your friend must have to download the app only through your link. Just downloading the app from your link is not enough, he has to create an account by entering his Aadhaar and PAN number linked to his mobile number. You will get your payment as soon as his account gets completely verified.

Also read | How to make money on Snapchat?

Winding-up

Only one account can be created with one Aadhaar number and one PAN number, so don’t be too smart. It is equally important to have the linked mobile number. The 100 rupees you will get, you can withdraw or invest. But investing can be prove to be more beneficial for you because you can get up to 4 to 5 times more profit. You might have probably understood that it is very easy to refer and earn on the Groww app as compared to other apps. You can invite whomever you want once your account is activated.

You will have to hurry because don’t know when this offer will be removed from the Groww app. So try to add as many people as possible as soon as possible.

Also read | How to earn from Meesho shopping app?

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