IIFL Franchise

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

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

Unlike traditional brokerage franchises, the IIFL 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 IIFL Sub Broker Franchise?

Overall Investment

Rs.93,000 - Rs.1,63,000

Commission Range

60% - 75%

Avg. Monthly Profit

Approx Rs.1,42,500

Area in Sq. Ft.

200 - 300 Sq. Ft.

No. of Employees

Minimum 2

Breakeven Time

3 months

Payout Time

30 Days

Total Sub Brokers

12000+

Type of Broker

Full service Broker

NISM Certification

Mandatory

How much is IIFL Franchise Cost?

Security Deposit (One Time)

Rs.50,000 - Rs.1 Lakh

Exchange Charges (One Time)

Rs.3000

Office Expenses (Monthly)

Rs.40,000 - Rs.60,000

How much is IIFL Sub Broker Commission & Referral Bonus?

Revenue Sharing

60% - 75%

Referral Bonus

Rs.200

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What are the Expected Earnings from IIFL Franchise?

Total Clients

800

Active Clients

250

Avg. Commission per Active Client

1,100

Total Brokerage

2,75,000

Sub Broker's Share

1,92,500

New Client Acquisition

50

Client Acquisition Income

10,000

Sub Broker's Gross Profit

2,02,500

Total Expenses

60,000

Sub Broker's Net Profit

1,42,500

Net Profit Margin

50.00%

Does IIFL offer a Partner Dashboard or App?


What is the Eligibility Criteria to Start IIFL 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 IIFL 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 IIFL Sub Broker

  • IndianFranchise says:

    We will help you connect, please share your details via form. Thanks

  • Rajesh says:
    ★★★★★
    ★★★★★

    let me know, how to connect with this broker.

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