If we win Zerodha challenge shall we get complete Rs. 20 brokerage, even if Rs. 2 of that is credited to the person who referred me?

General
2

Yes Pavan, you get back the entire Rs 20 even if Rs 2 is already paid out to the person who referred you. :slight_smile:

4 Likes
3

Hello Nithin, I just need to know for brokerage refund, what is the condition, either to win 60 day challenge or being profitable for 60 will also qualify for brokerage refund ?

4

Hi Shashank,

To win the 60 day challenge you need to be at net profitable at least Rs.1 at the end of your 60 day challenge.

Thanks,
Guru

5

It would be interesting if one would get complete Rs. 20 brokerage back in such scenarios.

6

That’s really very good.
Highest Standards by any means.
Zerodha is indeed our friendly neighbourhood discount brokerage.

7

Thats really great Nitin, but its a loss of Rs. 2 for Zerodha then… hmm

8

I have activated this service but how to use it.

9

activated the service? u mean u have started the 60 day challenge? Check your profitability on the 60 day link here: q.zerodha.com, if you stay profitable for 60 days, you can claim for your brokerage refund.

10

Yep Pavan, it is, but we consider the 60day as our advertisement cost, hopefully you talk to your friends about it. :slight_smile:

1 Like
11

How they calculate amount …

suppose if 60 days challenge completed in the profit of 36,000/- then how much they refund… any idea?

12

We refund the brokerage generated during that 60 challenge day window. The maximum brokerage reversal is kept at Rs 6000.

1 Like
13

Zerodha has any idea in closing 60days challenges?
And can you say how much zerodha payed out in 2016 as refund

14

Sir i really appreciate your generosity to traders like me , who are finding and referring maximum number of clients to our company .

15

Hi…what does 60 trading days mean? Does it mean that only the days when i trade would be counted or 60 nse open days?

16

60 trading days of Stock Exchange.