Nirmal Bang Franchise

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

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

Unlike traditional brokerage franchises, the Nirmal Bang 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 Nirmal Bang Sub Broker Franchise?

Overall Investment

Rs.90,000 - Rs.1,60,000

Commission Range

65% to 75%

Avg. Monthly Profit

Approx. Rs.69,125

Area in Sq. Ft.

200 - 300 Sq. Ft.

No. of Employees

Minimum 2

Breakeven Time

3 Months

Payout Time

30 Days

Total Sub Brokers

6000+

Type of Broker

Full Service Broker

NISM Certification

Mandatory

How much is Nirmal Bang Franchise Cost?

Security Deposit (One Time)

Rs.50,000 - Rs.1 Lakh

Exchange Charges (One Time)

Nil

Office Expenses (Monthly)

Rs.40,000 - Rs.60,000

How much is Nirmal Bang Sub Broker Commission & Referral Bonus?

Revenue Sharing

65% to 75%

Referral Bonus

Rs.100

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What are the Expected Earnings from Nirmal Bang Franchise?

Total Clients

630

Active Clients

180

Avg. Commission per Active Client

785

Total Brokerage

1,41,300

Sub Broker's Share

1,05,975

New Client Acquisition

30

Client Acquisition Income

3,000

Sub Broker's Gross Profit

1,08,975

Total Expenses

49,000

Sub Broker's Net Profit

59,975

Net Profit Margin

41.56%

Does Nirmal Bang offer a Partner Dashboard or App?

App Platform

NA

What is the Eligibility Criteria to Start Nirmal Bang 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 Nirmal Bang 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 Nirmal Bang Sub Broker

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