Zerodha Franchise

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

Rs.41,000 - Rs.71,000

Commission Range

30% - 50%

Avg. Monthly Profit

Approx Rs.1,20,000

Area in Sq. Ft.

100 - 200 Sq. Ft.

No. of Employees

Minimum 2

Breakeven Time

2 month

Payout Time

30 Days

Total Sub Brokers

5000+

Type of Broker

Discount Broker

NISM Certification

Mandatory

How much is Zerodha Franchise Cost?

Security Deposit (One Time)

Zero Investment

Exchange Charges (One Time)

Rs.11,000

Office Expenses (Monthly)

Rs.30,000 - Rs.60,000

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

30% - 50%

Referral Bonus

Zero

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

900

Active Clients

300

Avg. Commission per Active Client

1,500

Total Brokerage

4,50,000

Sub Broker's Share

1,80,000

New Client Acquisition

50

Client Acquisition Income

-

Sub Broker's Gross Profit

1,80,000

Total Expenses

60,000

Sub Broker's Net Profit

1,20,000

Net Profit Margin

26.67%

Does Zerodha offer a Partner Dashboard or App?

App Platform

NA

What is the Eligibility Criteria to Start Zerodha Franchise?

Age

18+

Nationality

Indian

Academic Qualification

10+2 n above

NISM Certificate

Mandatory

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What Documents are required to Become a Zerodha Sub Broker?

Sub Broker Agreement

Compulsory

Identity Proof - Aadhaar / Passport

Compulsory

Address Proof - Aadhaar / Rental Agreement

Compulsory

PAN

Compulsory

Passport Size Photo

Compulsory

Bank Account Details

Compulsory

Bank Cancelled Cheque

Compulsory

Customer ratings and reviews of Zerodha Sub Broker

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