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India · Broking

How the Kotak Securities referral program works

Kotak Securities pays ₹300 for every referral plus 15% of the referred account's brokerage for two years. The two-year limit is the notable part: it is a revenue share with a defined end, rather than the indefinite arrangement most Indian brokers offer.

LiveVerified against Kotak Securities’s own terms on 4 August 2026Official source
01The terms

What the program pays

Referrer gets
₹300 per referral plus 15% brokerage sharing for 2 years
Referred friend gets
Choice of pricing plan, including a youth plan for under-30s
Qualification
Friend opens a demat account through the referrer's unique link.
Expiry
Brokerage sharing runs for 2 years from the referral.
02The mechanic

What makes this program different

A time-boxed revenue share. Kotak pays a percentage like its competitors but caps the term at two years, which converts an open-ended liability into a calculable one while still being generous enough to compete.

03The design

Why it works

A two-year window makes the cost of each referral finite and forecastable, which an indefinite share never is.

Pairing an immediate ₹300 with a long tail gives both instant gratification and a reason to care about account quality.

Offering the referred user a choice of plans, including an age-based one, removes a friction point at signup.

04The takeaway

What to copy

  • Time-box a revenue share. You keep most of the incentive effect and remove an unbounded liability from your books.
  • Combine an immediate payment with a deferred share — they motivate different behaviours.
05Questions

Kotak Securities referrals, answered

How much does Kotak Securities pay for a referral?

₹300 per referral plus 15% of the referred account's brokerage for two years, as published on Kotak's refer and earn page.

How long does Kotak brokerage sharing last?

Two years from the referral, unlike the open-ended arrangements some Indian brokers offer.

Kotak Securities is not a ReferralFlo customer and this page is not affiliated with, endorsed by, or sponsored by Kotak Securities. All terms described here are taken from Kotak Securities’s own published materials as at 4 August 2026 and may have changed since. Trade marks are the property of their respective owners.

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ReferralFlo runs the mechanics on this page \u2014 tiered rewards, qualification rules, caps and payouts \u2014 without engineering time.