JM Financial Franchise

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

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

Unlike traditional brokerage franchises, the JM Financial 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 JM Financial Sub Broker Franchise?

Overall Investment

Rs.85,000 - Rs.1,35,000

Commission Range

60% - 70%

Avg. Monthly Profit

Approx Rs.63,584

Area in Sq. Ft.

200 - 300 Sq. Ft.

No. of Employees

Minimum 2

Breakeven Time

3 months

Payout Time

30 Days

Total Sub Brokers

1300+

Type of Broker

Full service Broker

NISM Certification

Mandatory

How much is JM Financial Franchise Cost?

Security Deposit (One Time)

Rs.50,000 - Rs.75,000

Exchange Charges (One Time)

Rs.5,000

Office Expenses (Monthly)

Rs.30,000 - Rs.55,000

How much is JM Financial Sub Broker Commission & Referral Bonus?

Revenue Sharing

60% - 70%

Referral Bonus

Zero

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What are the Expected Earnings from JM Financial Franchise?

Total Clients

560

Active Clients

128

Avg. Commission per Active Client

1,290

Total Brokerage

1,65,120

Sub Broker's Share

1,15,584

New Client Acquisition

30

Client Acquisition Income

-

Sub Broker's Gross Profit

1,15,584

Total Expenses

52,000

Sub Broker's Net Profit

63,584

Net Profit Margin

38.51%

Does JM Financial offer a Partner Dashboard or App?

App Platform

NA

What is the Eligibility Criteria to Start JM Financial 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 JM Financial 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 JM Financial Sub Broker

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