Being financially independent is everyone’s goal in 2024, and earning extra income is one way to reach that goal. This is where the Kotak 811 affiliate program comes in, giving you a brilliant solution to earn more just by using your mobile phone. The Kotak 811 referral program is an exciting opportunity where you can partner with Kotak Mahindra Bank, a leading financial institution in India.
Joining the Kotak 811 partner program will let you gain an attractive commission along with various rewards by sharing the products and services offered by Kotak Mahindra Bank. Read along to learn more about the attractive offers you can earn with Kotak 811, how it works, the benefits it offers, and more.
How the Kotak 811 Affiliate Program Works
Kotak 811 offers several products and services that you can refer to your friends and family using your invite code. The process to become an affiliate is simple and easy, all you need to do is follow the steps below:
- Step 1: Register as an affiliate with Kotak Mahindra Bank through the official website.
- Step 2: Depending on the program, you will need to provide your contact details, email, mobile number, or the contact details of your friends and families that you choose to refer.
- Step 3: You will then get referral links that you can send to your friends and families through email, SMS, WhatsApp, Instagram, X, or Facebook.
- Step 4: You will then earn a commission or a reward if your friends and family successfully open an account or their loan is disbursed.
Kotak 811 Products and Services For Affiliate Program
Kotak 811 offers several products and services that are available for affiliates like you to share so you can earn extra income. The following products and services are given in detail below.
Kotak 811 Digital Savings Account
The Kotak 811 Digital Savings Account is a zero-balance account that is offered to individuals who want to easily manage their finances and accounts. By asking your friends and family to open a savings account you can earn
- ₹125 Woohoo vouchers for every successful referral.
- Your friends and family can also get a Woohoo voucher worth ₹125 when they spend ₹500 or more within 7 days of account opening.
Kotak Securities Trading and Investing Accounts
You can also promote the Kotak securities trading and investment account as a Kotak 811 affiliate. Through Kotak securities, you can get dual rewards and by promoting the account, you can earn the following benefits:
- You can get ₹300 for every successful account opening, with a maximum of 10 accounts being opened in a month.
- You can also receive 10% of the brokerage generated from your friend or family’s trade for the first two years.
Working Capital Solutions
If you are an existing customer with a Working Capital in Kotak Mahindra Bank, you can refer it to friends and families. And if 5 of your referrals are successful, you will earn a ₹100 Amazon voucher. With a successful disbursal of a loan to your referees, you will be eligible for a waiver on your Renewal Processing Fee, up to ₹10,000 or 50%, whichever is lower. This product also offers you a dual opportunity to earn for your successful referees and also reduces your financial burden.
Terms and Conditions of Kotak 811 Affiliate Program
The Kotak affiliate program offers you a transparent experience for all participants through their outlined and specific terms and conditions. Here are the key points you need to be aware of:
- Eligibility: The Kotak 811 referral program is eligible to all existing Kotak 811 account holders. It should be noted that the referees must not have prior accounts with Kotak for the referral to be valid.
- Referral Process: You will need to sign up for the program and share the referral links via social media platforms, email, or SMS. The friends and family that you refer the links to must open the account using the shared link or unique referral code so you can both receive their rewards.
- Voucher Distribution: Upon registration to the Kotak 811 affiliate program, the vouchers will be sent to the registered email IDs of the referrer and referee within 30 days, if you both meet the program criteria.
- Referral Limits: You can refer up to 5 people at a time for the Working Capital Solutions and up to 10 people per month for the Kotak Securities program.
- Duplicate Referrals: If more than one affiliate refers the same person to a program, then the first person who submitted the referral will get the reward. In case of any dispute, Kotak Mahindra Bank has the sole discretion to resolve them.
- Prohibited Actions: Spamming, bulk distribution, fraud, or unauthorized advertisements are strictly prohibited. Moreover, if you refer to yourself, your spouse, parents, siblings, or children, you will not be eligible for rewards.
- Authorization and Consent: For certain products or services, you must get consent from the referee before sharing their contact details with Kotak Mahindra Bank. This is because the bank has the right to contact the referee to offer its range of banking services and products.
Understanding and following these terms and conditions will help you to effectively participate in the Kotak 811 Affiliate Program and maximize your earnings through successful referrals.
Benefits of Partnering With Kotak 811
There are several benefits to partnering with Kotak Mahindra Bank, these are:
- You will be able to earn an attractive passive income for every successful referral.
- You will receive attractive rewards like an Amazon gift voucher.
- The Kotak 811 partner program is easy to sign up for and you can also use it as soon as it is active.
- You can access real-time tracking of your rewards and referrals through the Kotak Mahindra Bank affiliate dashboard.
- Kotak offers dual rewards where your friends and families can also enjoy several rewards and gifts by joining the Kotak Mahindra Bank products and services.
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Conclusion
Partnering with the Kotak 811 affiliate program is a great way to earn an attractive extra income. The backing of Kotak Mahindra as a highly reputed bank also makes it easy for you to refer their products to friends and family and earn handsomely through your referrals. The program is also easy for you to register and earn valuable rewards and financial benefits. Helping you reach your goal of financial independence in no time.
Frequently Asked Questions
Q. What is the Kotak 811 Affiliate Program?
A. The Kotak 811 Affiliate Program allows you to earn commissions and rewards by referring to Kotak 811’s banking products and services.
Q. How can I join the Kotak 811 Affiliate Program?
A . You can easily join the Kotak 811 affiliate program by registering yourself and your referees through the Kotak Mahindra Bank’s official website.
Q. What are the benefits of participating in the Kotak 811 Affiliate Program?
A.You can earn commissions, rewards and vouchers as well as financial benefits if you join the Kotak 811 referral program.
Q . What commission structure does the Kotak 811 Affiliate Program offer?
The commission structure differs from one product to the other, however, you can earn ₹125 vouchers per referral, ₹300 per trading account, and 10% brokerage for two years of referee trading.
Q. Are there any eligibility criteria for becoming a Kotak 811 affiliate?
A. Yes, you must have an existing Kotak 811 account to become an affiliate, your referrals must not have an existing Kotak account and you will not be able to earn rewards if you refer to yourself, your spouse, siblings, or children.
Q. How does the Kotak 811 Affiliate Program track referrals and sales?
A. Kotak Mahindra offers a dedicated dashboard for affiliates to easily track their referrals, commissions and rewards.