Zerodha Sub Broker Program or Zerodha Partner Program is well known for its massive growth drive in the past 2 years. In this article, we will go through in detail about Zerodha Franchise Cost, Zerodha Sub Broker commission & more.
|Top Business Model||Partner Program|
|Revenue Sharing||10% – 30%|
|Become Sub Broker in||3 Days|
|Receive Payout in||45 Days|
Zerodha is fastest growing Discount Broking House in the Country. The Company is headquartered in Bangalore. Currently, the Discount Broker opens most number of Demat Account every month & is going at a very fast pace.
Their quality of products & services are of top quality.
Zerodha Franchise Customer Ratings
|Revenue Sharing Model||2.0/5|
Compare Sub Broker Franchise
Types of Zerodha Sub Broker
- Partner or Remisier
- Client to Client Model
Become a Zerodha Partner – Just Fill up the form
Zerodha Partner or Remisier Program
Zerodha has launched this partner program in the year 2015 & since then they have acquired close to 1000 partners. The Partners or Remisier doesn’t have to spend anything while enrolling for Zerodha Partner Program. They also don’t need to have any office space.
The main objective of this Partner program is to get traded clients for Zerodha. This program has created a lot of buzz in the internet for Zerodha. The revenue sharing is based on slab which ranges from 30%-50%.
Other than revenue sharing Zerodha doesn’t provide any major facilities to the company.
Zerodha Client to Client Model
This is a very basic model where any client of zerodha can earn just by referring his friend or relatives to open demat account with Zerodha. In this case, Zerodha only pays 10% revenue sharing to the client. There is no extra fees charged for this model.
Zerodha Sub Broker Commission or Revenue Sharing Model
Zerodha’s Revenue Sharing Model is quite flexible in nature. The share of revenue generated that goes to the Partner will depend how much zerodha is making in terms of brokerage generated by Sub Brokers clients.
If a franchise client’s generates less than 1 lakh brokerage then the ratio is 20:80 in favour of zerodha. Or franchise have generated between 1-3 lakh brokerage for a month then sub broker will get 30% of it and the Zerodha will get 70%. If amount generated goes up between 3-5 lakh, then the ratio becomes be 40%-60% and if more than 5 lakh it goes to 50-50.
However for a client to client model, ratio is 10:90 only. The broking house will get 90% of the generated income.
|Sub Broker Commission||Zerodha Commission|
|Zerodha Partner||80% – 50%||20% – 50%|
|Zerodha Client to Client||90%||10%|
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Zerodha Franchise Cost or Security Deposit Amount
Zerodha Partner Program only requires the partner to open a demat & trading account with the discount broking house. The sub broker doesn’t require to shell any money out of his/her pocket in order to participate in the franchise program.
Any other form of investment like setting up office is not required aswell. A Partner can sit in his home & work as zerodha’s partner.
For client to client program the security deposit requires is Zero only.
|Zerodha Franchise Cost|
|Zerodha Sub Broker||Zero Investment|
|Zerodha Client to Client model||Zero Investment|
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Zerodha Sub Broker Offer
Zerodha Franchise program provides a lot of great opportunity to its partners in the form of offers:
- Partners clients can invest in stocks, mutual funds, currencies & more
- Zerodha provides all sorts of trading platforms to its partners clients
- Provides backoffice software to keep track of clients & their brokerage generation
- Flexible revenue sharing gives a lot of opportunity
- Zero Investment is a boon to the partners
- Free Delivery Brokerage & Flat Rs.20 brokerage charge for Intraday makes client acquisition easy
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How to become Sub Broker of Zerodha?
1st Step – Fill in your details in the lead form.
2nd Step – Verify your interests by receiving a call from Call Centre.
3rd Step – Fix an appointment with Sales Representative when there is a call from them.
4th Step – Make sure to get detailed information by meeting with sales representative.
5th Step – Submit all the documents required for verification.
6th Step – The documents will be verified.
7th Step – After verification, an account ID will be provided.
The procedure gets completed in almost 3 days.
Documents Required for Zerodha Partner Registration
- 2 photograohs
- Cancelled bank cheque
- Rent Agreement for Office space
- Aadhar card
- PAN card
- Address Proof
Why Partner with Zerodha?
- As a discount broker, it is easy to acquire client for Zerodha
- Transparent procedures & brokerage sharing
- Best in class Trading platform lure clients easily
- Excellent back office software which provides all details of the client & brokerage reports
- Quick Support & Online acquisition process, delights the client
Support provided by Zerodha Partner Program
- The company assigns relationship manager to a particular Franchise for client acquisition purpose
- There is also back office support provided by the company where the sub broker can track his client list, their brokerage generation on monthly basis.
Become a Partner of Zerodha – Just Fill up the form
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