Kotak Neo Sub Broker Franchise Logo

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

As India’s leading brokerage firm, Kotak Neo offers an innovative Sub Broker model, commonly known as the Kotak Neo Partner program, that lets partners earn attractive commissions by referring clients.

Unlike traditional brokerage franchises, the Kotak Neo Sub Broker model is simple, cost-effective, and highly profitable.

With minimal investment and no office space required, APs can earn brokerage from their referred clients.

What are the Business Requirements for Kotak Neo Sub Broker Franchise?

Overall Investment

Rs.88,000 - Rs.1,58,000

Commission Range

60% - 70%

Avg. Monthly Profit

Approx Rs.1,10,760

Area in Sq. Ft.

200 - 300 Sq. Ft.

No. of Employees

Minimum 2

Breakeven Time

3 months

Payout Time

30 Days

Total Sub Brokers

2000+

Type of Broker

Full service Broker

NISM Certification

Mandatory

How much is Kotak Neo Franchise Cost?

Security Deposit (One Time)

Rs.50,000 - Rs.1 Lakh

Exchange Charges (One Time)

Rs.3000

Office Expenses (Monthly)

Rs.35,000 - Rs.55,000

How much is Kotak Neo Sub Broker Commission & Referral Bonus?

Revenue Sharing

60% - 70%

Referral Bonus

Rs.200

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What are the Expected Earnings from Kotak Neo Franchise?

Total Clients

700

Active Clients

220

Avg. Commission per Active Client

1,180

Total Brokerage

2,59,600

Sub Broker's Share

1,55,760

New Client Acquisition

50

Client Acquisition Income

10,000

Sub Broker's Gross Profit

1,65,760

Total Expenses

55,000

Sub Broker's Net Profit

1,10,760

Net Profit Margin

41.08%

Does Kotak Neo offer a Partner Dashboard or App?

App Platform

NA

What is the Eligibility Criteria to Start Kotak Neo 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 Kotak Neo 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 Kotak Neo Sub Broker

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