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This is an awareness-cum-promotional program where the already existing investors at MySIPonline can earn by simply referring their friends about our services and making them invest.

To be able to earn reward points, a person must be an investor at MySIPonline. That means he/she must have made successful transactions with MySIPonline.

Click on the refer and earn icon on the home page. Login to your account using your user ID and password. You can refer your friends by entering their phone numbers and email addresses (optional). This way you share your referral links with them.

The minimum amount required to invest in SIP is equivalent to Rs. 2000 with a minimum tenure of 3 years. This Rs. 2000 can be used to invest in one equity SIP of the entire amount or it can be used to invest in two different SIPs of Rs. 1000 each.

Yes, only the investments made in SIP of equity and hybrid funds by the referred person will be counted for the reward points.

Equity funds are those funds which specifically invests in stocks. On investing in equities through SIP process, you can also enjoy the benefit of the power of compounding, which helps the capital to grow excellently over the period of time.
Balanced Funds follow an in-built strategy for asset allocation that involves a clear distribution of funds between equity and debt in the ratio of 65-35, i.e. 65 per cent of the total amount is invested in equity, while the balance 35 per cent in debt. Such funds are best-suited for the moderately aggressive investor.

The investments can be made in the Large Cap Funds, Small & Mid Cap Funds, Diversified Funds, ELSS Funds, Sector Funds, Index Funds as well as Balanced Funds through this refer & earn program.

No, this program does not count Lumpsum investments. Only SIP investments greater than or equal to Rs. 2000 in equity or hybrid funds will be considered.

If a person is referred by more than one referrer, Referral will get attributed to referrer whose invite the referred person has clicked upon.

You will be eligible to receive the cash once the points become greater than or equal to 200. In that case, Rs. 200 can be directly transferred to your Paytm account.

One cannot make transactions at two different times to make it as Rs 2000. For example, in a day, if the referred person has made the transaction of Rs. 1000 at 10 A.M and is planning to make another transaction of Rs. 1000 at 2 P.M, then this will not be counted in the referral program. Both transactions should be made at the same time only.

Everyone from your friends to family members is allowed to participate in this program but not from a single account.

Irrespective of the amount, the total credited reward points will remain 50 on one PAN. For example, if the referred person invests Rs.8000 in four or more equity schemes, then the referrer is not eligible to get Rs. 200, he shall receive 50 points only.

Pending Points: Points that still require successful registration and activation from the referred person.
Earned Points: Points that you've earned with each successful reference.
Redeemable Points: Points >=200 that can be converted into cash.
Redeemed Points: Points that you have already redeemed via Paytm.

In the view referral table, you will get the details about the friend(s) whom you’ve invited for the refer and earn program. Here, there will be four statuses depending upon the progress in investment:
In-process: Registration has been made, your friend is yet to invest with us.
Active: Points that you have earned with each successful reference.
Pending: Your friend is yet to register with us.
Redeemed: Points >= 200 that you have converted into cash.

If the referrer does not have a Paytm account, then he/she needs to open one at www.paytm.com. The Paytm account has to be opened within seven days of placing the request, failing which the referral points will be refunded back to the MySIPonline’s account.

Yes. You'll need to access your refer and earn account. Use the “View status of my referrals” feature to track the status of your referrals.

The reinvite button will be automatically appeared as active after three days of sending the invitation to the friend(s) who haven’t accepted your request. That means you can reinvite your friend(s) again after three days.

You can use your Gmail contacts to send invites to your friends. Other than this you can invite your Facebook and What’s App contacts also. All you need to do is enter their valid contact number and e-mail address.