How To Use 5Paisa Referral Code "53435813" Open Free Demat & Trading Account

If you are looking to start your stock market investment journey with a trusted and cost-effective platform, 5Paisa offers an excellent opportunity to open a Demat and Trading account for free. By using the referral code 53435813 during signup, new users can open their account with zero account opening charges and enjoy several other benefits. This article provides a complete step-by-step guide to help you claim this offer.

What is 5Paisa?

5Paisa is India's first listed discount broker and a popular choice for retail investors looking for low-cost trading solutions . The platform offers a comprehensive suite of investment options including stocks, derivatives, commodities, currencies, ETFs, bonds, and mutual funds . With over 47 lakh customers, 5Paisa has established itself as a reliable and user-friendly platform for both beginners and experienced traders .

Key features of 5Paisa include:

• Flat ₹20 Brokerage – Uniform brokerage fee across all segments – Equity Delivery, Intraday, Futures, and Options
• Free Demat Account Opening – Zero account opening charges
• Zero AMC for First Year – No annual maintenance charges for the first year
• Quick Digital Onboarding – Open account in just 5 minutes with Aadhaar-based eKYC
• 4X Leverage with MTF – Margin Trading Facility for bigger trades
• Multi-Platform Access – Trade seamlessly on mobile (Android/iOS), web, and desktop platforms

Benefits of Using Referral Code "53435813"

By applying the referral code 53435813 during the account opening process, you unlock the following benefits:

*Terms and conditions apply.

Understanding 5Paisa’s Fee Structure

To fully appreciate the value of this offer, here is a breakdown of 5Paisa's standard fee structure:

Using the referral code ensures you start your investment journey with maximum savings – zero upfront costs and reduced trading fees.

How the 5Paisa Referral Program Works

5Paisa operates a rewarding referral program where existing users can invite friends and family to join the platform . When you sign up using a referral code, the person who referred you earns a benefit. According to available information, the referrer gets credited ₹250 for each successful referral who opens an account, plus an additional 12.5% of their fees paid within 60 days .

By using code 53435813, you are helping the person who referred you while enjoying your own zero-cost account opening benefits.

Step-by-Step Guide to Use Referral Code "53435813"

Follow these steps carefully to open your free Demat and Trading account:

Step 1: Download the 5Paisa App or Visit the Website
Download the 5Paisa app from the Google Play Store (Android) or Apple App Store (iOS) , or visit the official website at www.5paisa.com .

Step 2: Click on 'Open Demat Account'
Open the app or website and click on the "Open Demat Account" button to begin the registration process .

Step 3: Enter Your Mobile Number and Email
Provide your mobile number and email address. You will receive an OTP for verification .

Step 4: Enter the Referral Code
During the registration process, locate the field labeled "Referral Code" or "Invite Code." Carefully type or paste 53435813 into this box. This is the most critical step—entering the code correctly ensures your account opening benefits are activated.

Step 5: Fill Out the Application Form
Complete the online application form with your personal details including name, date of birth, and address .

Step 6: Submit Required Documents for KYC
Upload the following documents for KYC verification :

• PAN card (mandatory)
• Aadhaar card (for e-sign and address verification)
• Bank account proof (cancelled cheque or bank statement)
• Passport-sized photograph

The process is fully digital and uses Aadhaar-based eKYC for quick verification .

**Step 7: Compl