Check out IDBI Direct Franchise review here. Find out details like its Franchise Cost, Sub Broker Commission, Estimated Monthly Profits, Office Requirements & more.

IDBI Direct Sub Brokership is a leading Sub Broker franchise provider in India. If you are looking to start a business, then this Brand is one of the best options available to you.

Type of Broker Full service Broker
Total Sub Brokers 1200+
Total Investment Rs.83,000 – Rs.1,51000
Sub Brokers Commission 50% – 60%
Avg. Monthly Profit Approx. Rs.56,937
Breakeven Time 3 months
Payout Time 30 Days

IDBI Direct Franchise - Business Models

Sub Brokership

Yes

Partner Program

Yes

Refer and Earn

Yes

IDBI Direct Sub Broker Commission

Revenue Sharing

50% - 60%

Per Client Acquisition

Zero

IDBI Direct Franchise Cost or Investment

Security Deposit (One Time)

Rs.50,000 - Rs.1 Lakh

Exchange Charges (One Time)

Rs.3000

Office Expenses (Monthly)

Rs.30,000 - Rs.48,000


IDBI Capital Sub Broker Franchise Profits & Income

Check out IDBI Capital Franchise Profits & Income here.

Total Clients 515
Active Clients 133
Avg. Commission per Active Client 1,315
Total Brokerage 1,74,895
Sub Broker’s Share (60%) 1,04,937
New Client Acquisition 30
Client Acquisition Income (Zero per Client) 0
Sub Broker’s Income 1,04,937
Total Expenses 48,000
Sub Broker’s Net Profit 56,937
Net Profit Margin 33%

IDBI Direct Sub Brokership Offers

Commission above 50%

No

Zero Investment

No

Free Advisory

Yes

Free Delivery Trading

No

Flat Brokerage Charges

No

1st Month Free Brokerage

No

Zero Brokerage on Loss Making Trades

No

IDBI Direct Franchise or Authorised Person Support

Dedicated RM Support

Yes

Dealer Training

Yes

Products Training

Yes

Acquisition Support

Yes

Webinars

No

Advisory Support

Yes

Backoffice Support

Yes

Marketing Support

Yes, Limited

Check out Business Opportunities with Similar Brands

IDBI Direct Sub Broker Business - Office Requirement

Area in Sq. Ft.

100 - 200 Sq. Ft.

No. of Employees

Atleast 2

Dealer Terminal

Not mandatory

Mobile or Telephones

Mandatory

Call Recording

Optional

Laptops or Computers

Mandatory

CCTV

Mandatory

Reception

Not mandatory

Managers Cabin

Not mandatory

IDBI Direct Sub Broker Dashboard Link

Web Platform

App Platform

NA

IDBI Direct Franchise Backoffice Platform - Features

Lead Addition Link

Yes

Manual Lead Addition

Yes

Lead Stage Info

Yes

Lead Info Backend Change

Yes

Lead Deletion

Yes

Brokerage Mapping

Yes

Manual Brokerage Change

Yes

Leads Report

Yes

Clients Activation Report

Yes

Clients Portfolio Report

Yes

Monthly Payout Report

Yes

IDBI Direct Sub Broker Review or Ratings by Finec.in

Overall Rating

7.66 / 10

Commission

7.63 / 10

Investment

7.76 / 10

Breakeven

7.69 / 10

Support

7.62 / 10

Experience

7.60 / 10

IDBI Direct Authorised Person - Products Offered

Equity

Offered

Derivatives

Offered

Commodity

Offered

Currency

Offered

Mutual Fund

Offered

PMS or PCG

Not offered

IPOs / FPOs / NCDs

Offered

Foreign Stocks

Not offered

Insurance

Offered

Loans

Not offered

IDBI Direct Franchise - 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 Platform

Yes

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How to Become a IDBI Direct Sub Broker? - Eligibility Criteria

Age

21+

Nationality

Indian

Academic Qualification

Graduate

Basic Computer Skills

Yes

Basic Communication Skills

Yes

NISM Certificate

Yes, compulsory

IDBI Direct Sub Brokership - Documents Required by Individuals

Sub Broker 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

IDBI Direct Franchise - Documents Required by Firms or Company

Sub Broker Agreement

Mandatory

Firm or Companies PAN

Mandatory

Firm or Companies TAN

Mandatory

Firm or Companies Incorporation Certificate

Mandatory

Firm or Companies Bank Details

Mandatory

Firm or Companies Cancelled Cheque

Mandatory

All Partners or Directors PAN

Mandatory

All Partners or Directors Aadhaar

Mandatory

All Partners or Directors Photo

Mandatory

Customer ratings and reviews of IDBI Direct Sub Broker

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