How app referral bonuses work in India (and why some never arrive)

Most popular apps in India — from UPI wallets to stock brokers — pay new users a small reward for joining through a referral link. Here’s how these programmes usually work.

1. The link or code tags you as referred

When you install through a referral link or enter a referral code, the app records who referred you. Install from a different link afterwards and the referral is usually lost.

2. You must complete a qualifying action

Signing up alone rarely earns the reward. Typical qualifying actions:

• Completing KYC
• Making a first UPI payment above a minimum amount
• Opening and funding a demat account

3. The reward is credited

Rewards usually arrive within a few days as cashback, scratch cards, coins or account credit.

Common reasons bonuses don’t arrive

• You already had an account on the same phone number or device.
• The qualifying action wasn’t completed within the offer window.
• The offer changed — always check the terms inside the app.