Discount Plus Franchise

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

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

Unlike traditional brokerage franchises, the Discount Plus 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 Discount Plus Sub Broker Franchise?

Overall Investment

Rs.20,000 - Rs.50,000

Commission Range

60% to 70%

Avg. Monthly Profit

Approx. Rs.55,000

Area in Sq. Ft.

200 - 300 sq. ft.

No. of Employees

Minimum 2

Breakeven Time

2 Month

Payout Time

30 Days

Total Sub Brokers

100+

Type of Broker

Discount Broker

NISM Certification

Mandatory

How much is Discount Plus Franchise Cost?

Security Deposit (One Time)

Zero Investment

Exchange Charges (One Time)

Nil

Office Expenses (Monthly)

Rs.20,000 - Rs.50,000

How much is Discount Plus Sub Broker Commission & Referral Bonus?

Revenue Sharing

60% to 70%

Referral Bonus

Rs.150

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What are the Expected Earnings from Discount Plus Franchise?

Total Clients

629

Active Clients

170

Avg. Commission per Active Client

795

Total Brokerage

1,35,150

Sub Broker's Share

1,01,363

New Client Acquisition

25

Client Acquisition Income

3,750

Sub Broker's Gross Profit

1,05,113

Total Expenses

47,000

Sub Broker's Net Profit

58,113

Net Profit Margin

41.84%

Does Discount Plus offer a Partner Dashboard or App?

App Platform

NA

What is the Eligibility Criteria to Start Discount Plus 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 Discount Plus 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 Discount Plus Sub Broker

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