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Referral Policy

1. 10% lifetime brokerage sharing will be given if Referee account is activated within 1 month of the referral given.
2. Free Account Opening, No DP AMC charges for 1 year will be given to the referee if he has opened an account within 1 month of the referral given.
3. All the rewards will be credited to the referrer/ referee account by 25th of the next month of account activation.
4. All referral accounts should be activated with qualified margin criteria.
5. If a person is being referred by 2 individuals, then the person who has referred 1st will be considered.
6. The mobile no at the time of referring and opening an account should be the same.
7. If anybody wish to remove the margin money before one month of account opening will not be eligible for any rewards.
8. Clients whose accounts are activated post 1ST January, 2024 will be eligible for this program.
9. The above terms are not applicable for family accounts referred.
10. If the details provided for referrals are incomplete/ incorrect/ invalid, the Referrer who has provided a reference shall not be entitled to any reward under the Referral Program.
11. Account activated in EQUITY, FNO, COMMODITY AND MFSS segments will be considered.
12. The Referrer confirms of having obtained the consent of the person referred for providing his/her details.
13. In case of any dispute, the decision of LFCSPL management will be final and binding.
14. No other offer can be clubbed with this Referrer program offer during account opening.
15. LFCSPL reserves the rights to withdraw this offer any time before the validity period mentioned without any prior notice.

Agreement applicable to Introducer / Referrer
1. During the period of the contract, the Introducer will be paid referral reward as per the details given below:-
A. 10% lifetime brokerage sharing will be given if the account referred by the introducer is activated within 1 month of the referral given.
2. The Introducer shall not solicit or endeavour to entice, directly or indirectly any client introduced by him to LFCSPL to obtain services of any competitor of LFCSPL.
3. The Introducer will not divulge to any person or utilize any of confidential information pertaining to the clients, details of Holding or Associate companies of LFCSPL or any other information in connection with the business procedures etc., which he/she may possess by reason of his/her association with LFCSPL to any person or entity outside LFCSPL.
4. The Introducer shall not use any material other than the written material provided by LFCSPL for promotion of LFCSPL products.
5. The Introducer shall not assure any returns or make any presentation to the prospective customers, which is not authorized, approved and provided by LFCSPL.
6. The Introducer shall make aware the prospective customer of all the terms and conditions as provided by LFCSPL, for availing the products of LFCSPL and shall not make any misrepresentation or false promises to the prospective customer.
7. The Introducer shall have no authority to prescribe the brokerage rates applicable to the clients and shall have no authority to change the brokerage rates as prescribed by LFCSPL. The Introducer shall not make any false promises to the prospective customers with regard to the brokerage and other charges.
8. LFCSPL shall be entitled at its discretion to terminate the contract at any time without assigning any reason whatsoever, by giving one week’s notice. In case the Introducer wish to terminate the contract he/she will also have to give one week’s written notice to LFCSPL.
9. LFCSPL shall be entitled to terminate the contract forthwith and without any notice or payment in lieu of notice on account of moral turpitude, dishonesty, wrong selling, fraud, forgery, and unbecoming conduct on the part of the Introducer. In case of termination of the contract by LFCSPL, the referral rewards for the relevant previous month may not be paid by LFCSPL at its sole discretion.
10. LFCSPL shall be entitled to terminate the contract forthwith and without any notice or payment in lieu of notice and take necessary legal action against the Introducer if found making any misrepresentation to the prospective customers or existing clients.
11. LFCSPL shall be entitled to terminate the contract forthwith and without any notice or payment in lieu of notice and take necessary legal action against the Introducer if found that the Introducer has provided false information about himself / herself or has forged and documents pertaining to the Introducer himself / herself or any of the clients / prospective customers.
12. The Agreement is intended for the promotion of LFCSPL products only.

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SEBI registered intermediary (Broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

For Stock Broking Transaction 'Prevent unauthorised transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day...Issued in the interest of Investors.

For Depository Transaction 'Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day...Issued in the interest of investors.

No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.

Investors should be cautious on unsolicited emails and SMS advising to buy, sell or hold securities and trade only on the basis of informed decision. Investors are advised to invest after conducting appropriate analysis of respective companies and not to blindly follow unfounded rumours, tips etc. Further, you are also requested to share your knowledge or evidence of systemic wrongdoing, potential frauds or unethical behaviour through the anonymous portal facility provided on BSE & NSE website.

Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020.

Update your mobile number & email Id with your stock broker/depositoryparticipant and receive OTP directly from depository on your email id and/or mobile number to create pledge.

Pay 20% upfront margin of the transaction value to trade in cash market segment.

Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard.

Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month.

We have developed our trading platform keeping you into focus and the trading platform is accessed through opening a Trading and Demat Account with us at the most pocket friendly cost. You may place a refund request with the support team 5 days along with the payments details like the Card / Bank Account Number, Transaction Number, etc. Refund shall be provided only for any excess payment of account opening charges made to us during application of your Trading and Demat Account and confirmation from the banking partner with respect to receipt of such payment from you. No refund of account opening charges shall be made once the Trading and Demat account is opened with us. Once your Trading and Demat account is opened any payments made thereafter will be credited towards your account and any withdrawal can be done by online request.