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About the platform:-
Grip is a platform where you can invest in listed bonds, startup equity, lease financing and much more. It's a trusted platform with 2.5 lakh investors, 500 Crs of Investment and 0% default rate.
Referral Program:-
Investee will get 2000 after his first investment of minimum 10000 which can be sold immediately on T+2 Days just like Stocks.
Investor shall get 2000 for first two referrals, and from 3rd - 10th referral he shall get 3000 Per Refer.
A Referrer can earn 28000 Per Account with ease.
In the referral program ending last week I earned approx 30000 through grip.
Documents Required:-
1. Pan Card
2. Aadhar Card
3. Cancelled Cheque
4. CMR Copy ( Click Here)
Procedure:-
1. Signup using a referral link by messaging fellow dimers including me.
2. Complete KYC by uploading Aadhar, PAN, Cancelled Cheque & CMR.
3. Once your kyc request is approved which instantly does, go to invest section, click on corporate bonds and Invest in any listed bond by checking factors like credit rating, volume of trade etc. I personally purchased Navi which I was able to instantly sell.
4. Done, REMOVED to check your referral bonus. It can be withdrawn the next day evening to your bank account. The bond can be sold in open market on T+2 Day through the demat you linked.
Note:-
1. Ping Dimers (Including me) for Additional Incentives to gain more benefit from investment.
2. Investment can be sold on T+2nd Day in Open market. So invest accordingly.
3. Referral benefit shall be credited to account only after investment and can be withdrawn the next day which shall be credited to bank thereafter in 3 days.
4. Investments in Securites are subject to Market Risk so invest according to your risk appetite
5. From the second account, do self refer to earn maximum.
Feel free to ping me for any queries, i have now developed expertise in grip
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Deal Wiki
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Created by : Priyanka
BTW, earlier I was sceptical about them pulling Experian data and asking for a CMR copy. But one can skip giving access to Experian data just by unticking it while signing up, it's not mandatory. And CMR copy is to transfer the bond to your Demat Account as grip doesn't have their own demat.
Referral option is enabled in this thread . Share ur referral code in Deal-Wiki
Firstly I didnt got option to upload CMR, Secondly How do we sell it?? Can we do it in GRIP website or is there some process as we have to sell it in Groww(as My CMR is from Grow).
Then sell it using groww.
Grip is only a facilitator for investing, cant trade through them
For the Owner, Eg. I bought Navi on Grip, Can I sell it on Groww, Unable to find Navi on groww app.
Hi dimers, i am holding reliance securities demat account, can someone confirm how to buy bonds from it as I could not search for bonds from my demat account
I referred to someone and got 2000 as a reward, do I need to invest as well to get this reward? Or can I redeem it after 2 days?
Did anyone sell bond in groww?
+1 please someone who has done comment here
Bro everyone wud be
But u can be suspended before u give a deal to someone
Holdings discrepancies
These are the holdings for which we have not received a buy price. These may have come from transfers, corporate actions, IPOs etc. For us to compute the P&L properly for these entries, you need to manually add trades with the right values.
How to sell bonds on zerodha..?
Anyone purchased it on Prostocks / UpStoks and got the bonds credited? If yes, please share the date on which it was purchased and the date of credit. Thanks!
I just sold my holding today. When will the refer amount in the referred account be available for transfer?
My question also same, No difference
They have rectified all earlier referrals with correct referral amount, atleast for me from 2k to 3k and from 3k to 4k
I have requested zerodha for my CMR CML through account but not received 5 days passed. Any alternative way
have anyone tried same CMR report for different account?
@Vijay007 please keep us posted once your other referrals are active for redemption.
Please somebody guide me for groww exchange .. i am really worried if my money will get stuck on the bond
New rules:-
Referral bonus shall be unlocked once the bond is 100% subscribed, so invest accordingly in highly subscribed bonds
Redemption in process from monday
Update:
All Referral Bonuses have unlocked to redeem, will be credited to bank in 1 working day
can we sell the NAVI bond using ICICI securities demat account?
Warning : Posts Offering referral benefits is not allowed and will lead to direct account suspension
I have referred my friend grip he has also invested in grip, I don't get the referral amount nor him , the bond was showing in Groww today itself so how much time I have to wait for the referral amount. And is it necessary for me to invest after that I will get referral amount because I have not invested upto now.
Yes You need to invest to withdraw referral money. But your friend can withdraw his referral money as he has already invested.