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How can I use Zerodha reward points?

Zerodha offers very attractive referral program for their clients where they would be getting a 10% brokerage share and 300 reward points for every referral that opens an account. You can use the reward points in 3 ways as mentioned below:

  1. You can use them for paying  your demat account AMC
  2. Use them to buy subscriptions to Zerodha platforms and apps
  3. Donate to an NGO

The minimum payout under the brokerage sharing program has to be Rs.1000, and you should have at least 5 referrals, for you to be able to withdraw your referral earnings.

To redeem your referral earning, you need to follow the below steps

  1. Log in to Zerodha Console.
  2. Click on your Zerodha Client ID in the top right.
  3. Click on 'Rewards and referrals'
  4. Near 'Your Points' in the top left, click link 'View statement'
  5. Choose the service and click the redeem button.
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