The Nuvama Partner Program is an excellent opportunity to explore the finance industry. It is one of the most well-known partner programs in India.

You can earn up to Rs.75,000 if you join the Nuvama Affiliate program. This Discount Broker company has more than a thousand agents.

People want to join the company because of the high commissions they offer. You can earn 40% – 50% Partners Commission from this program.

The payout time is 30 days. You can check your monthly profit and commission details from the dashboard. This transparency factor is another reason why people join Nuvama.

Keep reading to learn the available Investment types, Affiliate Commission rate, average Monthly Profits, Office space rules, and other partner program details.

Type of Broker Discount Broker
Total Partners 1000+
Total Investment Rs.8,000 – Rs.48,000
Partners Commission 40% – 50%
Avg. Monthly Profit Approx. Rs.75,200
Breakeven Time Within 1 month
Payout Time 30 days

Nuvama Partner Program - Types of Business

Partner Program

Yes

Sub Brokership

Yes

Refer and Earn

Yes

Why Partner with Nuvama?

The Nuvama Affiliate program has attracted many partners in recent years. Agents join the company because of the benefits they offer.

When earning potential is good, it encourages the agents to work harder. As a result, the company can maintain its growth.

These are the main attractions for joining the Nuvama Partner program:

  • It is one of the largest Discount Brokers operating in the country. It currently has more than a thousand agents all across the country.
  • Apart from the partner program, the company offers Sub Brokership and Refer and Earn options. These two systems can help you earn extra cash.
  • The company offers 40% – 50% commissions to the partners. This percentage is one of the highest in the country.
  • The company only requires a one-time security deposit of Rs.5000 from the partners. The monthly expenses are under Rs.30,000, which is reasonable.
  • Nuvama provides beneficial offers to the agents. These offers can help you increase your commission and monthly income.
  • The company also provides excellent support to the affiliates. With proper desk support, you can improve your client base.

Nuvama Affiliate Cost or Investment

Security Deposit (One Time)

Rs.5,000

Exchange Charges (One Time)

Rs.3,000

Office Expenses (Monthly)

Zero - Rs.30,000

You must pay three types of Nuvama Partner Costs. When you first apply for the partnership, you pay the Security Deposit of Rs.5,000. This is one of the lowest in the industry and a one-time fee.

The one-time Exchange Charge is Rs.3,000. People find this amount to be affordable and reasonable.

Apart from these two joining fees, you pay monthly for office expenses. If you opt for an office with a minimum setting, you may not have to pay anything.

This zero-cost office expense is an excellent offer from Nuvama. However, depending on your office, you may have to pay up to Rs.30,000. People can choose the office type and increase or decrease the cost.

Nuvama Partner Commission

Revenue Sharing

40% - 50%

Per Client Acquisition

Zero

Before joining a partnership program, you must know the commission details. Nuvama Partner Commission is one of the highest in the Indian finance sector.

You can profit significantly because the company offers 40% – 50% commissions. On average, the agents can make approximately Rs.75,200 every month.

This is a rough estimation, and the amount varies depending on client investment. Nuvama doesn’t offer any Client Acquisition fee.

That can be seen as a drawback, but it isn’t. The percentage of partner commission can make up for this loss.


Nuvama Partner Profits or Income

Check out Profits & Expenses forecast of Nuvama Affiliate Program.

Total Clients 720
Active Clients 200
Avg. Commission per Client 1,315
Total Brokerage 2,63,000
Partner’s Share (40%) 1,05,200
New Client Acquisition 45
Client Acquisition Income 0
Partner’s Income 1,05,200
Total Expenses 30,000
Partner’s Net Profit 75,200
Net Profit Margin 29%

We have already mentioned that Nuvama offers one of the highest commissions in the industry. Here, we will see how Nuvama Associate Profits are calculated.

Let’s say the company has a total client base of 720. The active clientele of the company consists of 200 clients.

The average Commission per Client is Rs.1,315. The brokerage, in this case, is Rs.2,63,000 in total.

If you receive 40% of the partner’s share, you make Rs.1,05,200. If your monthly total expenses are Rs.30,000, Rs.75,200 remains.

It means an agent can make a monthly profit of Rs.75,200. The profit margin is 29% in this case.

The company doesn’t offer any Client Acquisition fee. Even if you expand your client base, you won’t profit until they invest.

Nuvama Partner Offers

Commission above 30%

Yes

Zero Investment

No

Free Advisory

No

Free Delivery Trading

No

Flat Brokerage Charges

Yes

1st Month Free Brokerage

No

Zero Brokerage on Loss Making Trades

No

Nuvama is famous for providing excellent offers to its partners. With these offers, all agents can profit more. Special offers also help agents impress new clients.

Let’s discuss the Nuvama Agent Offers that you can benefit from.

The most helpful aspect is the commission structure. The company offers a Commission above 30%. The commissions can be as high as 50%.

Flat Brokerage Charges of the company also help you earn more. This offer is helpful for new partners.

Nuvama doesn’t offer Zero Investment trading options. Free Advisory services or Free Delivery Trading is also not available. However, that doesn’t mean you will profit less from this partnership.


Nuvama Associate Program SWOT Analysis

This SWOT analysis lets you get the vital company details. You can make informed decisions about the Nuvama Partner Program when you know all the information.

Strength

  • The company has become a well-known name in finance. When people know the brand, they invest more. With the increased investment, you can earn more profits.
  • Nuvama has more than 1,000 active agents. With this strong partner network, they catch up with client’s changing preferences. The company adjusts its services according to the client’s needs.
  • The profit margin is one of the highest in the industry. With such enormous profits, you can make the partnership your full-time job.
  • The security deposit amount is meagre. It means you won’t face difficulty paying it. Many people don’t feel comfortable making significant investments without knowing the hardships of the program.
  • The monthly expenses are adjustable. You won’t have to pay a fixed fee; instead, you pay depending on how you run your office.

Weaknesses

  • The partner offers are limited. Nuvama can add a few more offers for the benefit of the agents.
  • The service desk should act more quickly. With better help, the partners can earn more.
  • There is no client acquisition fee. It means you can’t profit unless your clients invest. This system can put extra stress on the agent.

Opportunities

  • The company has seen robust growth. Your profit share will likely increase with more active clients.
  • The financial industry is currently very stable. A calm market attracts more clients because clients feel secure.
  • Young people are investing more in the financial market. This trend is growing, and there is no sign that it will stop.

Threats

  • The market is getting crowded. If fewer in the field, your client base may remain the same.
  • The government is introducing new financial rules and regulations. Some of these may decrease your profit margin.
  • International events such as war and elections can affect the market. Financial market instability hurts the agents’ profit margin.

Nuvama Affiliate Program - Support

Acquisition Support

Yes

Products Training

No

Webinars

No

Advisory Support

Yes

Backoffice Support

Yes

Marketing Support

Yes

Every agent needs a robust support system. Let’s see the Nuvama Affiliate Support that you will receive. With more support, you can handle your clients more efficiently.

The company offers Acquisition Support for all agents. You will also receive free Advisory Support as a new agent. Advisory Support is also provided for new products.

Nuvama does not provide product training options or Webinars to the partners.

A Backoffice Support system is in place. You can contact them wherever you want. The company also offers Marketing Support, a beneficial factor for increasing client numbers.

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Nuvama Partner Program - Office Requirement

Area in Sq. Ft.

None - WFH

No. of Employees

Atleast 2 (Optional)

Dealer Terminal

Not mandatory

Mobile or Telephones

Mandatory

Call Recording

Optional

Laptops or Computers

Mandatory

CCTV

Not mandatory

Reception

Not mandatory

Managers Cabin

Not mandatory

We have already discussed that you will pay monthly expenses to the company. As a Nuvama Agent, you will get mandatory and non-mandatory options for your office.

There is no specified office space regulation. It means you can have a small office to save money.

You can also choose not to have employees. However, having two employees to help you with the program is better.

The Dealer Terminal, CCTV, Reception, and Managers Cabin are non-mandatory options. You may choose to implement those only if you need them.

The partnership must have laptop/computer access and a valid mobile number. A Call Recording system is optional.

Nuvama Partner Dashboard Link

Web Platform

App Platform

NA

The Nuvama Partner Dashboard is offered to all agents. When you join the partnership program, you receive a personalized dashboard. You will be given the details to log in to this dashboard.

The company doesn’t offer an App Platform for dashboard access. You need to access it through a web platform. Click on this link provided in the table above to see the dashboard.

Having a dashboard benefits an agent in multiple ways. You can see your client’s details in the dashboard. You can also check your profits and commissions whenever you want.


Nuvama Affiliate Login

You will need the Nuvama Affiliate Login information to access your dashboard. All login information is kept secure by the company. Only the agent has access to the personalized dashboard.

The company advises that you keep your passwords and login information private. You can contact the support desk for help with this information.

Nuvama Associate Backoffice - Features

Lead Addition Link

Yes

Manual Lead Addition

No

Lead Stage Info

Yes

Lead Info Backend Change

No

Lead Deletion

No

Leads Report

Yes

Clients Activation Report

Yes

Clients Portfolio Report

No

Monthly Payout Report

Yes

The backoffice features are specifically made to help the partners. Nuvama is careful about the agent’s needs and requirements. They offer instant help whenever possible and carefully deal with agent issues.

Let’s discuss the Nuvama Partner Backoffice features that you will get access to.

The company offers a Lead Addition Link to help you increase your potential client base. However, Nuvama doesn’t offer Manual Lead Addition, unlike some competitors.

They will give you Lead Stage Info. This information helps you see your client’s activity and understand when they might start investing. You will not receive Lead Info Backend Change.

A Lead Deletion system or Clients Portfolio Reports are not offered to the agents. You will, however, receive a Leads Report regularly. This report helps you pursue a client and convince them to invest.

When your clients become active investors, you receive Clients Activation Reports. This system helps you keep track of your profit and client base.

You will also get Payout Reports every month. The company offers a 30-day payout option to all agents.

Nuvama Partner Desk

Call Support

022-66203030

Email Support

Secretarial@nuvama.com

The Nuvama Partner Desk is significant in the partnership program. The partner desk makes it easier for an agent to run an office.

These days, technical support is a must. If you face any technical issues, you can contact the support desk.

There are two ways you can contact the Nuvama support desk. You can directly call them on 022-66203030. Usually, you will receive immediate help to resolve your issues.

Sometimes, complicated issues that can’t be solved over a phone call may arise. In that case, you can email Secretarial@nuvama.com.

The company guarantees that all agents will receive help if something goes wrong. You can also contact the support desk if you have questions regarding new products.

Nuvama Remisier Review or Ratings by Finec.in

Overall Rating

8.31 / 10

Commission

8.28 / 10

Investment

8.41 / 10

Breakeven

8.35 / 10

Support

8.26 / 10

Experience

8.25 / 10

Nuvama Associate Program - Products Offered

Equity

Offered

Derivatives

Offered

Commodity

Offered

Currency

Offered

Mutual Fund

Offered

PMS or PCG

Offered

IPOs / FPOs / NCDs

Offered

Foreign Stocks

Not offered

Insurance

Offered

Loans

Not offered

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Nuvama Affiliate Program - Trading Platforms Offered

Trading App

Yes

Web Trading Platform

Yes

Trading Terminal

Yes

Algo Trading Platform

Yes

Robo Advisory Platform

No

Thematic Investment Platform

No

Foreign Stocks Investment Platform

No

Backoffice Platfrom

Yes

How to Become a Nuvama Partner? - Eligibility Criteria

Age

21+

Nationality

Indian

Academic Qualification

Graduate

NISM Certificate

Yes, Compulsory

After reading all these positive things about the company, you may want to become a Nuvama Agent.

Don’t worry! Becoming an agent for the company takes only a few easy steps. First of all, you have to pass the eligibility criteria.

The company has four eligibility factors that you need to pass for a successful partnership application.

  • You must be at least 21 years of age.
  • All agents must be Indian nationals.
  • You must have a graduation degree. Your graduation subject doesn’t affect the application process.
  • You must hold a NISM Certificate.

If you pass these four categories, you can apply for the partnership. Hit the tab “become a partner” at the bottom of the page. Fill up the form and upload the documents as necessary.

These are the documents that all agents need to provide to the company. These are used for verification. The company guarantees that the information will remain safe.

  • Partner Agreement
  • Aadhaar details (Identity Proof, Address Proof)
  • PAN number
  • A photo (passport size)
  • Bank Account Details
  • Bank Canceled Cheque

After verification, the company will contact you. Remember to provide your correct phone number and email address. You will be a part of the affiliate program in a few days.

Nuvama Dealership - Documents Required

Partner Agreement

Mandatory

Identity Proof - Aadhaar

Mandatory

Address Proof - Aadhaar / Rental Agreement

Mandatory

PAN

Mandatory

Passport Size Photo

Mandatory

Bank Account Details

Mandatory

Bank Cancelled Cheque

Mandatory


Nuvama Affiliate Program – Conclusion

Joining the Nuvama Affiliate Program is highly profitable, the main reason many have become company partners. Agents earn an average of Rs.75,000 every month.

That is an extraordinary amount from a partnership program. With the help and support from the company, you can grow your client base constantly.

It may take some time to start making a significant profit, but after a few months, the profits will increase with 40%-50% commissions.

The company provides special offers to help new agents learn, so don’t be worried about joining a new field.


FAQs on Nuvama Associate Business

Do you still have questions about the Nuvama affiliate program? Keep reading to find all the answers.

Does Nuvama provide a Partner Program?

Yes. Nuvama provides a partner program, a Sub Brokership program, and a refer and earn system. All three of them are highly profitable.

Agents earn 40% – 50% commission from the company, one of the highest in the financial industry partner programs.

How many Associate Partners does Nuvama have?

The company has more than a thousand partners. The number keeps growing as people become aware of the earring potential. New agents are regularly joining the partner program because of regular payout.

What is the earning potential of Nuvama Partner?

A Nuvama partner earns a 40%-50% commission from their client investments. This rate helps them make an average of Rs.75,000 every month.

They can also profit from the refer and earn system of the company.

How can I become a Nuvama Associate Partner?

To become a Nuvama associate partner, go to the website and apply for a partnership. You will have to provide the necessary documents for verification.

You can contact the support desk with any questions regarding the joining process.

Who are Nuvama Agents?

To become a Nuvama agent, you need to pass the application process. There are more than a thousand Nuvama agents currently working for the company.

How much is the Nuvama Affiliate Cost?

To become a Nuvama affiliate, you pay the Rs.5,000 one-time Security Deposit. You also need to pay the former Exchange Charge of Rs.3,000.

This amount is all it takes to become a partner of the company. After these initial fees, you have to pay a monthly office expense.

What is the Nuvama Associates Commission?

All Nuvama associates make 40%-50% commissions. This rate is unusually high compared to other similar partner programs.

With these commissions, you can make extraordinary profit margins every month.

Do Nuvama Agents get backoffice access?

Yes, all Nuvama agents receive backoffice support. You will have access when your partnership application is approved.

Is a Nuvama Demat Account necessary to become a Partner?

Yes, having a valid DEMAT account is a must for becoming a Nuvama associate.

How do I connect with the Nuvama Partner Desk?

You can call 022-66203030 to reach the support desk of Nuvama. Alternatively, you can send an email to Secretarial@nuvama.com to receive support.


 

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