ICICI Direct Franchise

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

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

Unlike traditional brokerage franchises, the ICICI Direct 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 ICICI Direct Sub Broker Franchise?

Overall Investment

Rs.1,15,000 - Rs.1,65,000

Commission Range

60% - 70%

Avg. Monthly Profit

Approx Rs.1,17,400

Area in Sq. Ft.

200 - 300 Sq. Ft.

No. of Employees

Minimum 2

Breakeven Time

3 months

Payout Time

30 Days

Total Sub Brokers

2500+

Type of Broker

Full service Broker

NISM Certification

Mandatory

How much is ICICI Direct Franchise Cost?

Security Deposit (One Time)

Rs.75,000 - Rs.1 Lakh

Exchange Charges (One Time)

Nil

Office Expenses (Monthly)

Rs.40,000 - Rs.65,000

How much is ICICI Direct Sub Broker Commission & Referral Bonus?

Revenue Sharing

60% - 70%

Referral Bonus

Rs.200

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What are the Expected Earnings from ICICI Direct Franchise?

Total Clients

600

Active Clients

180

Avg. Commission per Active Client

1,550

Total Brokerage

2,79,000

Sub Broker's Share

1,67,400

New Client Acquisition

50

Client Acquisition Income

10,000

Sub Broker's Gross Profit

1,77,400

Total Expenses

60,000

Sub Broker's Net Profit

1,17,400

Net Profit Margin

40.62%

Does ICICI Direct offer a Partner Dashboard or App?

App Platform

NA

What is the Eligibility Criteria to Start ICICI Direct 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 ICICI Direct 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 ICICI Direct Sub Broker

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