Looking for a simple way to earn quick cash without taking any financial risks? You can open a free Demat account on Upstox and get instant UPI cashback without needing to trade.
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Key Highlights
- No Trading Required: You are under no obligation to trade; creating the account itself is what unlocks the reward.
- Cashback Reward: Earn cash directly through your UPI ID.
- Multiple Accounts: You can create accounts for different family members as long as you have their unique PAN card, Aadhaar, and bank details.
Step-by-Step Registration Process
To ensure you successfully receive your cashback, follow these steps carefully:
1. Initial Setup & Link Routing
- Important: Do not download the app directly from the Play Store initially, as this may bypass the reward offer.
- Use the referral/promotional link provided in the video description to open the initial landing page.
- Enter your mobile number and preferred UPI address on that page, then click continue to be redirected to the Play Store.
2. App Signup & Verification
- Open the downloaded app, re-enter your mobile number, and complete the OTP sign-up.
- Email Verification: You can either sign up directly (which auto-verifies within a minute) or enter your email manually and verify via an OTP sent to your inbox.
- Identity Verification (DigiLocker): Proceed with identity verification by entering your Aadhaar number and submitting the OTP received on your Aadhaar-linked mobile number.
3. Documentation & Bank Linking
- Signatures: Provide your signature digitally, ensuring it matches the signature on your PAN card.
- Bank Details: You can link your bank automatically via UPI (where a small ₹1 transaction is debited and credited back to confirm verification) or manually by inputting your account number and IFSC code.
- Fill in your basic personal information (marital status, occupation, income details) and take a clear selfie without glasses or a hat when prompted.
4. Final Submission (E-Sign)
- Complete the final step using Aadhaar-based e-signing by entering your Aadhaar number and submitting the final verification OTP.
- Once submitted, your application will typically move from pending to approved within three days. Once approved, the cashback is credited directly to your registered UPI address.
Frequently Asked Questions (FAQ)
1. Is trading mandatory to get the cashback? No, trading is completely optional. You do not need to execute any trades to receive your cashback reward.
2. Why shouldn’t I download the app directly from the Play Store? Downloading the app directly without using the referral link from the video description may cause you to miss out on the promotional cashback offer.
3. How long does it take for the account to get approved and receive the cashback? Typically, the application is reviewed and approved within three days of submission. Once approved, the cashback will be credited to your specified UPI address.
4. Can I create multiple accounts from the same device or for family members? Yes, you can create accounts for other family members as long as each person has their own unique PAN card, Aadhaar card, and bank account details.
Watch the full video for a visual walkthrough of the process: Download Upstox & Get ₹250 Cashback 🔥 | No Trading Required | Free Demat Account + UPI Cashback