Starting June 1, 2026, if you refer someone who opens an account and starts trading, you'll earn 10% of the brokerage they generate, plus 300 reward points. The 300 reward points have always been part of the program. Brokerage sharing was paused in August 2024 following an
exchange circular
and is live again.
No, reward points do not expire. They can be accumulated and redeemed to subscribe to Zerodha partner products and are non refundable. The reward points required for each partner product can be viewed under Rewards by logging into console.zerodha.com/refer.