The Groww Franchise program offers a rewarding business opportunity for individuals and businesses looking to enter the stockbroking industry.
As India’s leading brokerage firm, Groww provides an innovative Sub Broker model, commonly known as the Groww Partner program, allowing partners to earn attractive commissions by referring clients.
Unlike traditional brokerage franchises, the Groww 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 Groww 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 Groww Franchise Cost?
Security Deposit (One Time)
Exchange Charges (One Time)
Office Expenses (Monthly)
Unlike traditional brokerage models, the broker follows a near zero-investment approach, removing most financial barriers to entry.
There is no upfront franchise fee, security deposit, or mandatory registration cost, making it highly accessible for first-time entrants.
The only expenditure involved is optional—covering business operations such as marketing, workspace, or manpower, typically ranging between ₹30,000 and ₹60,000 per month.
This lean groww franchise cost model allows partners to start small, optimize gradually, and scale without significant financial pressure.
How much is Groww Sub Broker Commission & Referral Bonus?
Revenue Sharing
Referral Bonus
Groww adopts a performance-linked earning structure that prioritizes consistency over high upfront payouts.
Sub brokers generally receive 30% to 40% of the brokerage generated through their client base, ensuring steady, recurring income.
In addition, a fixed onboarding incentive per client further strengthens revenue potential, especially during the early growth phase.
This dual-income mechanism makes the model suitable for professionals focused on building a long-term, digitally scalable sub-broking business.
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What are the Expected Earnings from Groww 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 Groww offer a Partner Dashboard or App?
Web Platform
App Platform
What is the Eligibility Criteria to Start Groww Franchise?
Age
Nationality
Academic Qualification
NISM Certificate
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What Documents are required to Become a Groww Sub Broker?
Sub Broker Agreement
Identity Proof - Aadhaar / Passport
Address Proof - Aadhaar / Rental Agreement
PAN
Passport Size Photo
Bank Account Details
Bank Cancelled Cheque