Referral Program
Grow the MEQ community and be recognised for it. The Referral Program rewards members who introduce genuine newcomers, with one benefit tied to one verified enrollment milestone.
How it works
There is one qualifying event: a referred member’s first enrollment in an Advanced Program. It happens once per referred member and does not repeat for tier changes or renewals.
- 1Step one · PathwayPROLITE enrollment
Your contact enrolls in PROLITE, the foundation that comes before any Advanced Program. It is a prerequisite, not a trigger.
No referral benefit at this stage - 2Step two · Qualifying eventFirst Advanced Program enrollment
The same person enrolls for the first time in Elite, Elite+, EliteX, EliteX+ or ULTRA.
Referral benefit credited here
Eligibility
A benefit is credited only when all four conditions are met together.
- New member
- The referred person has no earlier MEQ enrollment in any program or grade.
- Clear attribution
- The referral is directly and verifiably traceable to you through MEQ’s records. Self-referrals and anonymous referrals do not qualify.
- Advanced Program
- They complete a full, paid first enrollment in an Advanced Program.
- Active membership
- You and the referred member both hold an active MEQ membership when the benefit is credited.
When a benefit does not apply
| Situation | Why |
|---|---|
| PROLITE enrollment | It never earns a benefit, even once completed. |
| Tier changes | Moving between Advanced grades after the first enrollment earns nothing more. |
| Renewals and extensions | Renewals and any continued access beyond the first enrollment year are not eligible. |
| Repeat enrollments | Re-enrolling in a program already completed earns no new benefit. |
| Existing members | Referring someone who is, or was, an MEQ member is not eligible. |
| Unverifiable attribution | A referral we cannot trace through MEQ records is not credited. |
Benefit and redemption
- Amount
- Reviewed from time to time. We share the current value when the referral is registered or the referred member enrolls. Values may change without notice.
- Redemption
- Under MEQ’s current redemption policies, shared separately. A minimum threshold may apply. Benefits not redeemed within their expiry period are forfeited, and expired benefits are not reinstated.
- Personal
- Benefits are non-transferable. They cannot be assigned, gifted, sold or applied to any account other than the referrer’s own.
- Excluded from the calculation
- AMC (annual maintenance charges), annual registration charges, administrative, service and platform charges, and any ancillary charges levied apart from the core program fee.
Misuse and conditions
We have zero tolerance for referral fraud. Any of these leads to disqualification, loss of pending and credited benefits, and possible suspension or termination of membership:
- Self-referral or circular referral arrangements.
- Inventing, misstating or manipulating referral records.
- Coordinated or artificial enrollment patterns made to game the benefit.
- Pressuring or rewarding people to enroll purely for the benefit.
- If a membership ends
- If you or the referred member end your MEQ membership before the benefit is credited, it is forfeited.
- Final authority
- Mars Equity has final authority on eligibility, calculation, disputes and interpretation. No informal message from a team member overrides these terms.
Terms and contact
Taking part means you accept these terms. We may change them, and the latest version applies. They sit alongside the Terms & Conditions, Refund Policy and Rules & Disclaimers. The program is a member-benefit initiative, in line with SEBI guidelines. It is not a solicitation, investment advice or a financial inducement.
Write to the Operations team with your registered mobile number or email, and put “Referral Program, [Your Name]” in the subject.
This page is for general information. It is not legal, financial or investment advice. The policies published on marsequity.in are the official versions.