The Zerodha Franchise program offers a rewarding business opportunity for individuals and businesses looking to enter the stockbroking industry.
As India’s leading brokerage firm, Zerodha offers the Zerodha Partner program, an innovative sub-broker model that lets partners earn attractive commissions by referring clients.
Unlike traditional brokerage franchises, the Zerodha Sub Broker model is simple, cost-effective, and highly profitable.
With minimal investment and no need for office space, APs can earn brokerage fees from their referred clients.
This review covers multiple topics, including Zerodha franchise cost, commissions, ROI & more.
What are the Business Requirements for Zerodha Sub Broker Franchise?
Overall Investment
Commission Range
Avg. Monthly Profit
Area in Sq. Ft.
No. of Employees
Breakeven Time
Payout Time
Total Sub Brokers
Type of Broker
NISM Certification
How much is Zerodha Franchise Cost?
Security Deposit (One Time)
Exchange Charges (One Time)
Office Expenses (Monthly)
Starting a Zerodha franchise is highly cost-efficient and rewarding, if compared to traditional brokerage models.
The overall investment typically ranges from ₹41,000 to ₹71,000, making it accessible to aspiring entrepreneurs.
There is no security deposit requirement, but a one-time exchange charge of around ₹11,000 applies.
Monthly operational expenses, including office setup and staff costs, can range from ₹30,000 to ₹60,000, depending on the scale.
Zerodha’s low-entry, flexible-cost structure makes it an attractive option for individuals looking for a scalable financial services business with controlled risk and quick breakeven potential.
How much is Zerodha Sub Broker Commission & Referral Bonus?
Revenue Sharing
Referral Bonus
The Zerodha Sub Broker Franchise offers a revenue-sharing model that partners can expect to maximise their earnings.
Sub brokers can earn a commission ranging from 30% to 50% of the brokerage generated by their clients.
Unlike many competitors, there is no separate referral bonus structure—earnings are purely driven by client trading activity. This incentivises long-term client engagement and consistent revenue growth.
With scalable income potential and recurring earnings, this Sub Broker Franchise model is a good fit for people looking to build a sustainable, high-margin business in the stock market.
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What are the Expected Earnings from Zerodha Franchise?
Total Clients
Active Clients
Avg. Commission per Active Client
Total Brokerage
Sub Broker's Share
New Client Acquisition
Client Acquisition Income
Sub Broker's Gross Profit
Total Expenses
Sub Broker's Net Profit
Net Profit Margin
Does Zerodha offer a Partner Dashboard or App?
Web Platform
App Platform
What is the Eligibility Criteria to Start Zerodha Franchise?
Age
Nationality
Academic Qualification
NISM Certificate
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What Documents are required to Become a Zerodha Sub Broker?
Sub Broker Agreement
Identity Proof - Aadhaar / Passport
Address Proof - Aadhaar / Rental Agreement
PAN
Passport Size Photo
Bank Account Details
Bank Cancelled Cheque
