KR Choksey Franchise

The KR Choksey Franchise program offers a rewarding business opportunity for individuals and businesses looking to enter the stockbroking industry.

As India’s leading brokerage firm, KR Choksey provides an innovative Sub Broker model, commonly known as the KR Choksey Partner program, allowing partners to earn attractive commissions by referring clients.

Unlike traditional brokerage franchises, the KR Choksey Sub Broker model is simple, cost-effective, and highly profitable.

With minimal investment and no requirement for office space, APs can earn brokerage generated by their referred clients.

What are the Business Requirements for KR Choksey Sub Broker Franchise?

Overall Investment

Rs.70,000 - Rs.1,00,00

Commission Range

60% to 75%

Avg. Monthly Profit

Approx. Rs.46,020

Area in Sq. Ft.

150 - 200 Sq. Ft.

No. of Employees

Minimum 2

Breakeven Time

2 Month

Payout Time

30 Days

Total Sub Brokers

200+

Type of Broker

Full Service Broker

NISM Certification

Mandatory

How much is KR Choksey Franchise Cost?

Security Deposit (One Time)

Rs.40,000 - Rs.50,000

Exchange Charges (One Time)

Nil

Office Expenses (Monthly)

Rs.30,000 - Rs.50,000

How much is KR Choksey Sub Broker Commission & Referral Bonus?

Revenue Sharing

60% to 75%

Referral Bonus

Zero

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What are the Expected Earnings from KR Choksey Franchise?

Total Clients

623

Active Clients

164

Avg. Commission per Active Client

740

Total Brokerage

1,21,360

Sub Broker's Share

91,020

New Client Acquisition

25

Client Acquisition Income

-

Sub Broker's Gross Profit

91,020

Total Expenses

45,000

Sub Broker's Net Profit

46,020

Net Profit Margin

37.92%

Does KR Choksey offer a Partner Dashboard or App?

App Platform

NA

What is the Eligibility Criteria to Start KR Choksey 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 KR Choksey 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 KR Choksey Sub Broker

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