Last Updated on December 6, 2022 by Sagar Kumar Sahu

In this article, we will be highlighting some of the best refer and earn apps for Indian users, offering generous rewards and benefits. Whether you’re looking to earn extra cash or save on your favorite services, these referral programs are a great way to get started. But before getting started let’s touch on some points related to these money-making apps.

How does the referral system work?

Brands often use referral programs as a marketing strategy. When we install and use an app, we are given a referral link or code.

If we share the link with friends or relatives and they use it to install and use the app, the sender is typically rewarded with a certain amount for helping the company with branding.

Earlier a lot of UPI money transfer apps, online shopping apps, and fantasy cricket apps used to offer a good amount of referral rewards.

These days with the increasing popularity of this strategy, a lot of newer apps like Demat accounts which deal with stocks such as Upstox, Paytm Money, Groww, Zerodha, and other affiliate marketing apps such as EarnKaro, CueLinks, and Zingoy are fetching good amount of referral reward.

Once you forward the link of the app to your friends and your referred friend purchases something using your link then you will earn a commission.

This is exactly how these money-earning apps work through referral functions. Money transfer apps, fantasy apps, and affiliate marketing apps do have great earning potential.

Now let’s know about the amazing refer and earn apps

You would have heard about referrals before. Apps like phonepe, Paytm Google pay have this provision of referral which every user is aware of. But in this article, to make it more interesting and exciting for you, we are mentioning the apps whose referral amount is more, and installing the app and doing so much work would feel worthwhile after getting the big amount in the wallet.

Here we go…

Upstox

Upstox is a popular app based on stock markets that are used for mutual fund investments, trading, stock investments, and digital gold.

Upstox has this referral offer where you get Rs. 600 in your wallet for every single referral to a friend. Once an account is opened using your link, the referral amount is sent to you instantly.

• All you need to do is open a Upstox Demat account.
• Proceed to the profile icon and find the refer and earn option.
• Tapping on it will give you a link.
• Share the link with your friends.

Once your referred friend uses your link to install the app and completes his profile, Rs. 300 will be credited to your upstox account.

When they invest some amount, it will pay you another 300 Rupees. Referrals and earnings can be checked on the ‘Your Earnings & Referrals’ tab in the app.

IIFL Securities

It is considered one of the largest stock brokers in India as well as the best app for refer and earn. IIFL offers online trading with advisory services which are solely research-based.

It offers brokerage-free equity delivery trading and for all other trading Rs, 20 is charged. 

Opening an account is free of cost. You just have to pay Rs 250 annually for account maintenance. The maintenance charge for the first year is offered free by the firm.

• All you need to do is open a Demat account on IIFL securities by filling in your KYC details.
• After verification of documents, a beneficiary owner identity is received.
• After opening the Demat account, find the ‘refer and earn option.
• Clicking on it, you’ll get a link that can be shared with friends and relatives.
• When the referred friend uses your link to open his Demat account, you’ll receive a referral reward of Rs. 500.

Paytm Money

Paytm money is another venture of Paytm which provides online stock market trading services to customers. The unique selling proposition of Paytm money is its low-cost trading services as compared to other competitors.

It deals with stocks, mutual funds, and digital gold. After uploading the required documents, it would take just one day to open a Demat account on Paytm money.

It also offers to create multiple watchlists which help to track the real-time price changes of upto 50 stocks at a time.

It is one of the best refer and earn app in the market.Every single referral will earn you upto Rs 300 and it would also earn your referred friend upto Rs 100 in his trading balance, provided by the condition that this award will be received only after the completion of the first trading by the referred friend.

My11 circle

Seeing the popularity of IPL, fantasy gaming apps or rummy apps were first started, and now fantasy games can be played for every game of cricket and football as well.

My 11 circle is one of the best rummy apps as well as one of the refer and earn apps which offers Rs. 551 per single referral to a friend.

This referral reward can be earned without even spending a penny or playing a single game.

All you need to do is download the app and complete the KYC details using your pan card and bank account details.

• Find the “Refer & Earn” section and share the invite link with your friends.
• When the referred friend plays for the first time using your link, this will yield you Rs 51.

Further, if they play an amount of at least Rs. 40 or this will yield you 4 rupees. These 40 rupees can be earned for the next 125 times, every time the referred friend plays the game with at least 40 rupees.

Cred

Hardly there would be a person who isn’t aware of cred’s unique advertisement strategy on TV. Cred is a credit card app that allows you to pay and manage your credit card.

All the transactions can be monitored, expenses can be tracked thus leading to avoiding unnecessary amount deductions from the credit card.

Referring the Cred app to a friend would earn you Rs. 750 and the referred friend would get Rs. 250 on payment of the first credit card bill, minimum above Rs. 1000.

A successful referral would earn you Rs. 750 and the amount would be credited directly to the credit card.

Ysense

Ysense is an app where you can earn money by completing various online surveys conducted by different companies, playing games, and watching videos.

This app has great earning potential which can earn easy money by doing simple tasks like referring your friends to this app. Not just that, even the app offers a huge 30 percent commission to the referrals.

All of this earning is absolutely free without even investing a single penny and with this refer and earn app you can make a good pocket money

Meesho

This is an eCommerce platform where users can resell the products. These days meesho has become a part of WhatsApp Business with its unique catalog feature. Many users around the world including housewives, and students can start their online businesses.

Apart from reselling, meesho also offers its users one more opportunity to earn money by referring the Meesho App to friends or relatives who are looking to start their own businesses.

The horizon of products sold on the platform includes clothing, accessories, gadgets, and more. Do check the website to know more.

Its refer and earn feature is quite good. Each referral to a friend will earn you Rs. 1000 and you also get a commission of 15 percent for each sale they make on the app.

This is truly a great platform to earn money with an incredible earning potential

Some best refer and earn apps by some popular brands

Google Pay

Google Pay, the digital payment app from Google, offers a referral program that allows users to earn rewards for successfully referring friends to the app.

You can earn up to Rs. 151 for every friend you refer. Your referred user can get a scratch card with the chance to win up to Rs. 1000.

The rewards that you earn through the referral program can be redeemed for a variety of benefits like it can be used to make mobile recharges, used to buy Google Play Redeem codes and so on.

PhonePe

Phonepe is a popular digital payment app in India that offers a generous referral program for its users. By successfully referring a friend, you can earn up to Rs. 1000.

The rewards that you earn through the referral program can be redeemed for a variety of benefits such as cashback on transactions, discounts on partner products, and more.

Additionally, Phonepe is a safe and secure way to pay for goods and services online, making it a convenient option for users in India. The referral program is just one of the many advantages that Phonepe offers its users.

Amazon Pay

Amazon Pay is a digital payment app offered by Amazon in India that offers a good referral program for its users. By successfully referring a friend to the app, you can earn up to Rs. 100, and your friend whom you have referred also gets a good cashback on their first transaction.You also get many exciting offers every now and then like scan and pay to get cashback, send money to get cashback, and so forth.

Ola and Uber

Ola, the popular ride-hailing service in India, offers a referral program for its users. By successfully referring a friend to the app, you can earn up to Rs. 200. The user who installed the app by using your link, gets exciting offers and discounts on their first ride. You can use these earned rewards in upcoming transactions, and discounts on subsequent rides.

Swiggy

Swiggy, and Swiggy are the popular food delivery service in India. Both of these apps offer a referral program for their users. In both Swiggy and Zomato, by successfully referring your friend to the app, you can earn up to Rs. 100. By doing this you also help your friend to get a discount on their first food order.

Freecharge

Freecharge, the popular digital wallet and payment app in India, offers a unique referral program for its users. Through this program, you can earn rewards for successfully referring your friends about the app. For every referral, you can earn up to Rs. 50, and the referred user also gets some discounts when they install the app using your shared link.

Why should you use the Refer and Earn Apps?

With the rising prices of goods and services around us, it is important to have an additional source of earning that can meet the expenditure.

We all have seen a rise in the prices of almost everything in recent months. Petrol which once cost Rs 70 has now touched the figure of Rs 100. Things are getting expensive in very fast manner.

With the same amount of earnings and the rising cost of goods, it becomes difficult to afford many things in a certain price range. That’s why we all are in dire need of an additional source of income.

That’s why we bring you another easy way to earn additional money where you just need to use our suggested best refer and earn apps and make money that can balance your daily expenses.

Conclusion

Apps are a convenient and fun way to earn some extra cash. Students and stay-at-home parents can take advantage of their free time by using these best refer and earn apps. No special skills are required – just a good group of contacts. Plus, you’ll be able to earn money without even breaking a sweat.

If you’re looking for ways to make some extra cash, these refer and earn apps are definitely worth checking out. With the potential to earn a good amount of money, you won’t be disappointed. Give them a try and see for yourself

Frequently asked questions