Official Partnership

Motilal Oswal Referral Associate

Join our network as a Referral Associate. Build your financial career with industry-leading incentives and a lifetime recurring revenue model.

Open Motilal Oswal Demat Account Send Client Code

Step 1: Open account. Step 2: WhatsApp your Client Code to 7029190548.

Referral Incentive Structure

A/C Opening Payout

Up to ₹2,000

Monthly Earnings

Up to ₹20,000

Brokerage Revenue

Sharing up to 40%

Perpetuity

Unlimited

Detailed Product Sharing

PMS (Portfolio Management Services) Up to 35%
PE / AIF Sharing Up to 35%
Mutual Fund (MF) Sharing Up to 35%
Insurance Products Up to 35%
Fixed Income Instruments Up to 35%
Perpetuity Status Unlimited

Payout Cycle

  • Broking Products

    Current month's RA incentives would be paid in the 1st week of next month.

  • IP Products (Investment Products)

    Current month's RA incentives would be paid in the last week of the next month.

Common Queries (FAQ)

Is there any registration fee to become an associate?
No, there is absolutely no registration fee. Joining the Motilal Oswal Referral Associate program through Rupiyaar is 100% free.
Do I need a financial degree to join?
While basic knowledge of financial markets is helpful, no specific degree is required. We provide the necessary guidance and support to help you refer clients successfully.
How much can I earn per month?
There is no cap on earnings. You earn from every successful account opening and a percentage of the brokerage generated by your clients for a lifetime. Active associates typically earn between ₹10,000 to ₹50,000 per month.
When will I get my referral dashboard?
Once you open your Demat account and send us your client code on WhatsApp, our team will verify your details and activate your associate dashboard within 24-48 business hours.
Is "Lifetime Sharing" actually forever?
Yes! As long as the client you referred continues to trade or invest with Motilal Oswal, you will receive your share of the brokerage revenue in perpetuity. This is a true passive income model.

How to Apply

1. Create Your ID

Open Motilal Oswal Account

2. Activate Earnings

WhatsApp 7029190548

Note: Registration is free. Your referral link will be generated once your client code is activated by our team.