Chola Wealth Franchise

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

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

Unlike traditional brokerage franchises, the Chola Wealth 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 Chola Wealth Sub Broker Franchise?

Overall Investment

Rs.45,000 - Rs.1,00,000

Commission Range

65% to 75%

Avg. Monthly Profit

Approx. Rs.46,993

Area in Sq. Ft.

200 - 300 Sq. Ft.

No. of Employees

Minimum 2

Breakeven Time

3 Month

Payout Time

30 Days

Total Sub Brokers

275+

Type of Broker

Full Service Broker

NISM Certification

Mandatory

How much is Chola Wealth Franchise Cost?

Security Deposit (One Time)

Rs.20,000 - Rs.50,000

Exchange Charges (One Time)

Nil

Office Expenses (Monthly)

Rs.25,000 - Rs.50,000

How much is Chola Wealth Sub Broker Commission & Referral Bonus?

Revenue Sharing

65% to 75%

Referral Bonus

Zero

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What are the Expected Earnings from Chola Wealth Franchise?

Total Clients

592

Active Clients

169

Avg. Commission per Active Client

710

Total Brokerage

1,19,990

Sub Broker's Share

89,993

New Client Acquisition

25

Client Acquisition Income

-

Sub Broker's Gross Profit

89,993

Total Expenses

43,000

Sub Broker's Net Profit

46,993

Net Profit Margin

39.16%

Does Chola Wealth offer a Partner Dashboard or App?

App Platform

NA

What is the Eligibility Criteria to Start Chola Wealth 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 Chola Wealth 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 Chola Wealth Sub Broker

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