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If I close my old referral accounts and reopen them, will they be considered for the new referral benefits?

No, you will not be entitled to the referral benefits as per the new program if an old client closes his account and subsequently re-opens it as your referral. You will receive 10% brokerage share benefits for referrals added from 1st January 2020 onwards. You will need to have at least 5 referrals and a cumulative brokerage share receivable of Rs. 1000 in order to withdraw your benefits. Read more on the terms and conditions.