The IIFL Partner Program is an initiative offered by IIFL Securities, a prominent financial services company in India.
This program enables individuals and businesses to partner with IIFL and earn commissions by referring customers or clients to IIFL’s various financial products and services.
The IIFL has over 5,000 partners enrolled with them, a significant number. The average monthly income of any partner with IIFL is about Rs.1,20,000.
The best thing is that breakeven time with IIFL is just a month. Isn’t it unique that every partner starts earning from the first month itself? Let’s have a look at the IIFL affiliate program in detail.
Type of Broker | Full service Broker |
Total Partners | 5000+ |
Total Investment | Rs.3,000 – Rs.33,000 |
Partners Commission | 40% – 50% |
Avg. Monthly Profit | Approx. Rs.1,20,000 |
Breakeven Time | Within 1 month |
Payout Time | 30 days |
IIFL Partner Program - Types of Business
Partner Program
Sub Brokership
Refer and Earn
Why Partner with IIFL?
Here are some key reasons that will help you choose the IIFL Affiliate program:
The total investment every partner needs to make to start working with the IIFL partner program is just Rs.3,000. There is no one-time fee; only an exchange fee of Rs.3,000 applies to every partner.
The commission earned by a partner is 40%-50%, one of the best in the industry.
Apart from the commissions, the partner can earn from the new client acquisition fees. The more clients you bring, the better your commissions.
IIFL offers derivatives, equity, currency, commodities, etc., and their product categories to the partners. It helps build the portfolio for the new clients as you have everything to serve them.
Having more than 5,000 partners enrolled with them brings a big community on the stage. You can also seek help and learn from their success stories.
IIFL Affiliate Cost or Investment
Security Deposit (One Time)
Exchange Charges (One Time)
Office Expenses (Monthly)
The IIFL Affiliate cost or investment is quite reasonable. The partners aspiring to enrol with the IIFL do not have to think much about the acquisition, as it starts at Rs.3,000.
IIFL partner program does not charge any fee under the one-time fee category. They only charge 3,000 INR for the exchange fees.
Apart from this one-time, there is one more recurring fee, which the partner should take care of every month. Office expenses can go upto Rs.30,000 every month.
Minimize your daily costs if you have a tight budget or are a beginner.
IIFL Partner Commission
Revenue Sharing
Per Client Acquisition
The IIFL partner commission for the revenue-sharing model ranges from 40% to 50 %, which is good. Any new joiners can also earn a high income from the first month.
The next best thing with the IIFL partner program is a commission of 250 INR they are offering for every client.
Both of these commissions will form the monthly payout of the partner. The IIFL partner commissions are one of the best in the industry.
This is the reason why a lot of partners have enrolled with the company for their partner program.
IIFL Partner Profits or Income
Check out Profits & Expenses forecast of IIFL Affiliate Program.
Total Clients | 800 |
Active Clients | 250 |
Avg. Commission per Client | 1,100 |
Total Brokerage | 2,75,000 |
Partner’s Share (50%) | 1,37,500 |
New Client Acquisition | 50 |
Client Acquisition Income | 12,500 |
Partner’s Income | 1,50,000 |
Total Expenses | 30,000 |
Partner’s Net Profit | 1,20,000 |
Net Profit Margin | 44% |
To know about the IIFL Partner Profits, we should look at the calculation to know the net profit margin earned by the partners every month.
Suppose a partner has 800 clients, from which only 250 are active. All active clients are investing Rs.1100 every month, and the total investment will be Rs.2,75,000.
If the share of an IIFL partner is 50%, then his total income is Rs.1,37,5000. He also has acquired 50 clients this month, so the total income from client acquisition is Rs.12,500.
Now, the total revenue earned by the client is Rs.1,50,000. We need to deduct office expenses of Rs.30,000 from the total income to calculate the net profit margin.
After deduction, the total revenue is Rs.1,20,000, which is 44%. Undoubtedly, IIFL is giving an excellent opportunity to the partners to start earning from the first month itself.
IIFL AAA Offers
Commission above 30%
Zero Investment
Free Advisory
Free Delivery Trading
Flat Brokerage Charges
1st Month Free Brokerage
Zero Brokerage on Loss Making Trades
If you are an aspiring partner, you would like to know about the offers of the IIFL partner. IIFL partner offers many incredible services to their new partner.
To start with, their sharing commission is more than 30%. The partner had to invest 3,000 INR to begin working with the IIFL; you must start with something other than zero investment.
The company provides free advisory and delivery trading to the partners. They do not offer Zero brokerage on loss-making trades. You should know all these particulars while working with IIFL.
IIFL AAA Program SWOT Analysis
Here is the detailed SWOT Analysis related to the IIFL AAA Partner.
Strength
- The company had more than 5,000 partners working with them. It makes them a stable full-service broker in the industry.
- The one-time investment fee is zero. It helps the new broker to apply and start working in the finance industry.
- Apart from commission, the company also offers an acquisition fee for every client, an excellent initiative to motivate partners.
- The breakeven time with the IIFL is less than a month, which means that the partner starts earning a good income within a month of joining.
- The company provide every type of support to the partner, and its robust back office is ready to help partners at every step.
Weakness
- They do not offer foreign stocks, which can give their competitors an edge as the partner would like to shift in the company offering them if they are interested in investing in foreign reserves.
- Try to minimize your monthly expenses, as it can increase your daily earnings.
- The partners must be provided with client portfolio reports, which are very important.
Opportunity
- Webinar sessions are not conducted. Regular interactive sessions trigger the motivation level of the partners.
- Including more trading platforms like Robo or Thematic Forum will attract more clients to IIFL.
- As Indian financial markets are growing, IIFL can also form strategies to penetrate deeper into the country’s remote areas.
Threats
- Changes in financial regulations can impact how the partner program operates.
- Rapid technological advancements require continuous updates and adaptations, which can be challenging.
- With the rise in online transactions, cybersecurity threats pose a significant risk to both partners and customers.
IIFL Affiliate Program - Support
Acquisition Support
Products Training
Webinars
Advisory Support
Backoffice Support
Marketing Support
Support from the company is critical, especially if you are new in the industry. This is why the IIFL Affiliate Program Supports the partners in stabilizing their business.
Starting with client acquisition support, the IIFL helps identify and pitch the products to the clients from the partner location.
Product training: partners must be well-versed in all company products, and IIFL ensures it. Back office, Marketing and Advisory support is also provided by the Affiliate program of IIFL.
These administrative tasks are handled by the IIFL Affiliate program so that you can stress about making money and boarding new clients.
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IIFL Partner Program - Office Requirement
Area in Sq. Ft.
No. of Employees
Dealer Terminal
Mobile or Telephones
Call Recording
Laptops or Computers
CCTV
Reception
Managers Cabin
Setting up your office as per the IIFL partner program is quite simple, and you must take care of a few particulars.
You must have a 200-300 sq ft space to start your office. If you rent your office, always look for a room in a commercial areas to attract clients.
You can have any number of employees as per your requirements and workload. It will help to keep up with the dealer terminals, mobile, laptops and CCTV in your office, as these requirements are mandatory.
On the other hand, having a reception area, manager’s cabin and call recording feature is optional with IIFL.
IIFL Agents should set up their offices as per the requirements of IIFL and ensure they are not missing out on anything.
IIFL Partner Dashboard Link
Web Platform
App Platform
The IIFL Partner dashboard offers a smooth interface and allows them to connect with the backoffice. Dashboard is the platform where you work daily.
It helps you connect to the broker and inform them of their recently launched products and services. The Dashboard link will allow you to access your account by entering the correct login details.
IIFL allows the partners to access the web and the app dashboard. The partner can use it from any of the mediums at their convenience.
Also, every partner receives access to the dashboard upon signing up with the IIFL partner program.
IIFL Affiliate Login
IIFL Affiliate login allows the broker to log in with the help of the details provided to every partner. The Login details are private from everyone and are pretty unique for every partner.
Partner receives the login details in the confirmation email and should save them to access whenever required. IIFL allows the partner to log in from any location.
Also, the dashboard enables the partner to look at their progress anytime. Logging in regularly to look at your leads and the commission status is essential.
IIFL Associate Backoffice - Features
Lead Addition Link
Manual Lead Addition
Lead Stage Info
Lead Info Backend Change
Lead Deletion
Leads Report
Clients Activation Report
Clients Portfolio Report
Monthly Payout Report
The IIFL Partner Backoffice offers many features to the partners. Partners can add the leads to the dashboard manually or via a link.
The partners cannot delete the lead or change its backend info. They can download information, client activation and monthly payout reports to analyse their progress and devise strategies for working accordingly.
The IIFL has a great backoffice system and streamlined all its processes. Having excellent backoffice support helps the partners to seek aid whenever required.
IIFL Partner Desk
Call Support
Email Support
The IIFL Associate program provides all its partners a dedicated helpdesk. You can call them at 022-40071000 or email them at [email protected].
The IIFL partner desk will be happy to help you out.
IIFL Remisier Review or Ratings by Finec.in
Overall Rating
Commission
Investment
Breakeven
Support
Experience
IIFL AAA Program - Products Offered
Equity
Derivatives
Commodity
Currency
Mutual Fund
PMS or PCG
IPOs / FPOs / NCDs
Foreign Stocks
Insurance
Loans
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IIFL Affiliate Program - Trading Platforms Offered
Trading App
Web Trading Platform
Trading Terminal
Algo Trading Platform
Robo Advisory Platform
Thematic Investment Platform
Foreign Stocks Investment Platform
Backoffice Platfrom
How to Become a IIFL Partner? - Eligibility Criteria
Age
Nationality
Academic Qualification
NISM Certificate
To become an IIFL partner, you must examine their eligibility criteria. Here is the list of the particulars:
- The applicant should be at least 21 years old and a graduate.
- Indian nationality is compulsory.
- They should have passed NISM certification.
The above-listed criteria are compulsory if you want to enrol on the IIFL partner program. If you meet the above-listed criteria, proceed ahead and hit the tab “Become a partner” at the bottom of the page.
A short form will open; fill it out, and you receive a call from the executive to guide you for the next set of procedures.
IIFL Dealership - Documents Required
Partner Agreement
Identity Proof - Aadhaar
Address Proof - Aadhaar / Rental Agreement
PAN
Passport Size Photo
Bank Account Details
Bank Cancelled Cheque
IIFL Affiliate Program – Conclusion
The IIFL Affiliate program offers excellent earning opportunities for the partners. They provide the required support to the partners and help them build their business with the company.
IIFL has received 9+ ratings in all the particulars by Finec.in. The commission price of the IIFL is 40%-50%, which is one of the highest in the industry.
The partners can make money from commission as well as via client acquisition.
Give it a thought if you want to make extra money or give a kickstart to your career in the finance industry, as the opportunity is hard to miss.
FAQs on IIFL AAA Business
People often have queries about the IIFL AAA Program. Here are the answers to all the questions you might be asking yourself.
Does IIFL provide a Partner Program?
Yes, IIFL provides a partner program. They also offer Sub Brokership and Refer and Earn options. You can earn some extra money from referrals without effort.
How many Associate Partners does IIFL have?
IIFL is a full-service broker with a nationwide presence. It currently has more than 500 agents. The agent base constantly grows because of the benefits the company offers.
What is the earning potential of IIFL AAA?
You can make between Rs. 35,000 and Rs. 40,000 when you become a IIFL agent. The Average Monthly Profit of the company agents is about Rs.37,437.5.
Apart from the Partner Program and Sub Brokership, you can also benefit from the Refer and Earn system.
How can I become an IIFL Associate Partner?
Have a look at the eligibility criteria for being a partner of IIFL. Once you fulfil the requirements, you can click on the tab “Become a PARTNER” at the bottom.
A form will open before you fill it and submit it, and the company will call back.
Who are IIFL Agents?
The IIFL agents are an essential part of the partnership program of IIFL. To be one of them, the person needs to look at the eligibility criteria and know his eligibility.
How Much is IIFL AAA Cost?
The one-time fee for IIFL AAA is zero. To start working with the IIFL, you must pay the exchange fee of 3,000 INR.
What is the IIFL Associates Commission?
The IIFL Associate commission is 40%-50%.
Do IIFL Agents get backoffice access?
Yes, IIFL agents receive backoffice access. As the backoffice needs to work hand in hand with the agent, there is no loophole left in daily work.
Is an IIFL Demat Account necessary to become a Partner?
To partner with IIFL, you must have a demat account with the company.
How do you connect with the IIFL Partner Desk?
You can connect with the IIFL in two ways: you can call them at 022-40071000 or email them at [email protected]