Are you looking to venture into the world of Sub Broker franchises in India? Nuvama Sub Broker or Franchise Program could be the right choice for you.

This review will cover important information such as franchise costs, Sub Broker commissions, estimated monthly profits, and office requirements.

Discover why the Nuvama franchise is considered a top choice for those seeking to kickstart their entrepreneurial journey in the sub-broking industry.

Type of Broker Discount Broker
Total Sub Brokers 2500+
Total Investment Rs.1,33,000 – Rs.1,53,000
Sub Brokers Commission 60% – 70%
Avg. Monthly Profit Approx. Rs.93,500
Breakeven Time 3 months
Payout Time 30 Days

Nuvama Franchise - Business Models

Sub Brokership


Partner Program


Refer and Earn


Why Start a Nuvama Franchise?

There are several fascinating reasons to consider starting a Nuvama franchise.

  • Nuvama offers online transaction capabilities, making engaging in business transactions from anywhere convenient for you and your clients.
  • The franchise provides valuable back-office support, helping you manage administrative tasks more efficiently.
  • Nuvama offers guidance and training, ensuring you have the knowledge and skills to succeed in the Sub Broker business.
  • You can deliver personalized service to your clients, building solid and lasting relationships.
  • Nuvama offers a range of products, allowing you to diversify your services and cater to various investment needs.

Nuvama Sub Broker Commission

Revenue Sharing

60% - 70%

Per Client Acquisition


If you’re considering the Nuvama Sub Broker Commission, here’s what you can expect:

  • Nuvama offers an attractive revenue-sharing model with 60% to 70% commissions. This means you can earn a significant portion of the profits generated.
  • Nuvama provides an additional incentive with a fixed amount of Rs.200 for each client you acquire. This can boost your earnings when bringing in new clients to the platform.

Nuvama Franchise Cost or Investment

Security Deposit (One Time)

Rs.1 Lakh

Exchange Charges (One Time)


Office Expenses (Monthly)

Rs.30,000 - Rs.50,000

The Nuvama franchise cost includes:

  • A one-time payment of Rs.1 Lakh as a financial guarantee.
  • One-time fee of Rs.3,000 covering exchange-related expenses.
  • Monthly office maintenance costs range from Rs.30,000 to Rs.50,000.

Nuvama Wealth Sub Broker Franchise Profits & Income

Check out Nuvama Wealth Franchise Profits & Income here.

Total Clients 720
Active Clients 200
Avg. Commission per Active Client 925
Total Brokerage 1,85,000
Sub Broker’s Share (70%) 1,29,500
New Client Acquisition 45
Client Acquisition Income (Rs.200 per Client) 9,000
Sub Broker’s Income 1,38,500
Total Expenses 45,000
Sub Broker’s Net Profit 93,500
Net Profit Margin 48%

There are 720 clients associated with this Sub Broker franchise. Of the 720 clients, 200 are actively engaged and making investments or transactions.

On average, each active client generates a commission of Rs.925, the total earnings from commissions amount to Rs.1,85,000.

The Sub Broker receives 70% of the real brokerage, Rs.1,29,500. Sub Broker has acquired 45 new clients. They also earns Rs.200 for each new client developed, totaling Rs.9,000.

This is the combined income from the share of brokerage and client acquisition income, which amounts to Rs.1,38,500.

The Sub Broker’s monthly expenses amount to Rs.45,000. After deducting the expenses from the payment, the Sub Broker’s net profit is Rs.93,500.

The Nuvama Sub Broker profit margin is 48%, which indicates that 48% of the total earnings is retained as profit after covering expenses.

Nuvama Sub Brokership Offers

Commission above 50%


Zero Investment


Free Advisory


Free Delivery Trading


Flat Brokerage Charges


1st Month Free Brokerage


Zero Brokerage on Loss Making Trades


The Nuvama Franchise Offers details are given below:

  • Nuvama gives you more than 50% in earnings, which means you can make a good income.
  • You get free guidance to help you and your clients make intelligent decisions.
  • Nuvama keeps things simple with flat charges, making it easy to understand and potentially saving you and your client’s money.

Nuvama Authorized Person SWOT Analysis

Here is the detailed SWOT analysis related to Nuvama Authorised Person.


  • With an average monthly profit of approximately Rs. 93,500, Nuvama Authorized Persons have the potential to earn good money.
  • Sub Brokers can enjoy a substantial commission, ranging from 60% to 70%, allowing for a healthy income.
  • A remarkable net profit margin of 48% demonstrates solid financial performance.
  • Nuvama provides dedicated Relationship Manager support, ensuring personalized assistance.
  • As a discount broker, Nuvama offers cost-effective and efficient trading services, potentially reducing expenses for Sub Brokers and clients.


  • The initial investment required, ranging from Rs. 1,33,000 to Rs. 1,53,000, maybe higher for some potential Sub Brokers.
  • The estimated breakeven period of 3 months may require more time and patience to start seeing returns on your investment.
  • Nuvama needs to train dealers, which might be a drawback for those requiring specific guidance and education.


  • Nuvama can invest in advanced trading platforms and digital tools to enhance its service and attract tech-savvy clients.
  • By reaching out to underserved or less experienced investors, they can broaden their client base and drive growth.
  • They can expand their client base and drive growth by reaching out to underserved or less experienced investors.


  • Many other companies are offering similar financial services. Nuvama could struggle to attract and keep customers and Sub Brokers when there’s so much competition.
  • Sometimes, the economy goes through tough times, like crashes in the stock market or economic troubles. When this happens, people might invest less, which could mean less business and less money for Nuvama.
  • The rules in the financial world can change often. If Nuvama doesn’t keep up with these rules or has to change the way they do things, it can be a headache and could cost them more money.

Nuvama Franchise or Authorised Person Support

Dedicated RM Support


Dealer Training


Products Training


Acquisition Support




Advisory Support


Backoffice Support


Marketing Support


Nuvama Authorized Person Support is offered in many ways:

  • You’ll have a dedicated Relationship Manager to assist and guide you in managing your franchise or authorized person status.
  • Nuvama provides support for acquiring new clients and expanding your business.
  • Access to advisory services to help you and your clients make informed decisions.
  • Nuvama offers back-office support, helping you with administrative tasks and operations.
  • Assistance with marketing strategies to promote your business and attract clients.

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Nuvama Sub Broker Business - Office Requirement

Area in Sq. Ft.

150 - 200 Sq. Ft.

No. of Employees

Atleast 1

Dealer Terminal

Not mandatory

Mobile or Telephones


Call Recording


Laptops or Computers



Not mandatory


Not mandatory

Managers Cabin

Not mandatory

For a Nuvama Franchise, the office requirements are as follows:

  • You’ll need a space of 150 to 200 square feet for your office.
  • You should have at least one employee.
  • Access to mobile phones or telephones is essential for communication.
  • Laptops or computers are required for managing financial transactions and client interactions.

Nuvama Sub Broker Dashboard Link

Web Platform

App Platform


The Nuvama Sub Broker Dashboard offers several key advantages, including real-time access to client accounts and market updates, simplified transaction management, effective client portfolio oversight, research and analysis tools, risk management capabilities, customized reporting, dedicated support, and enhanced operational efficiency.

These features collectively empower Sub Brokers with the tools and information needed to serve their clients and manage their Sub Brokerage business effectively.

Nuvama Franchise Login

Your Nuvama Franchise Login details, like your username and password, are like keys that unlock the platform.

They let you do important things, such as looking at your account info, making investments, getting helpful information, and helping your clients.

These details also keep everything safe so only the right people can access it. It’s super important to keep your login information private and only share it with those who should have it.

Nuvama Franchise Backoffice Platform - Features

Lead Addition Link


Manual Lead Addition


Lead Stage Info


Lead Info Backend Change


Lead Deletion


Brokerage Mapping


Manual Brokerage Change


Leads Report


Clients Activation Report


Clients Portfolio Report


Monthly Payout Report


The Nuvama Franchise Backoffice has valuable tools. You can add possible clients with the “lead addition link” and see how these clients are doing with the “lead stage info”.

There are reports about leads, as well. The Backoffice also gives you information on client activation and investments, which help Sub Brokers handle their clients better.

And there’s a report about how much money you make each month, which enables you to see how well your business is doing.

It’s all about transparency and knowing what’s happening in your industry.

Nuvama Sub Broker Review or Ratings by

Overall Rating

8.44 / 10


8.41 / 10


8.54 / 10


8.48 / 10


8.39 / 10


8.37 / 10

Nuvama Authorised Person - Products Offered









Mutual Fund




IPOs / FPOs / NCDs


Foreign Stocks

Not offered




Not offered

Nuvama Franchise - Trading Platforms Offered

Trading App


Web Trading Platform


Trading Terminal


Algo Trading Platform


Robo Advisory Platform


Thematic Investment Platform


Foreign Stocks Investment Platform


Backoffice Platform


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How to Become a Nuvama Sub Broker? - Eligibility Criteria





Academic Qualification


Basic Computer Skills


Basic Communication Skills


NISM Certificate

Yes, compulsory

To become a Nuvama Sub Broker, you must meet the following criteria:

  • It would help if you were at least 21.
  • You must be an Indian citizen.
  • A graduate degree is often required.
  • Basic computer skills are essential, as online financial transactions are usually conducted.
  • Practical communication skills are necessary for interacting with clients and providing good service.
  • Obtaining the NISM certification is compulsory.

Nuvama Sub Brokership - Documents Required by Individuals

Sub Broker Agreement


Identity Proof - Aadhaar


Address Proof - Aadhaar / Rental Agreement




Passport Size Photo


Bank Account Details


Bank Cancelled Cheque


Nuvama Franchise - Documents Required by Firms or Company

Sub Broker Agreement


Firm or Companies PAN


Firm or Companies TAN


Firm or Companies Incorporation Certificate


Firm or Companies Bank Details


Firm or Companies Cancelled Cheque


All Partners or Directors PAN


All Partners or Directors Aadhaar


All Partners or Directors Photo


Nuvama Franchise – Conclusion

In conclusion, the Nuvama franchise program presents a promising opportunity for individuals aspiring to enter the Indian financial market.

Offering more than 50% commissions, user-friendly technology, and comprehensive support services, it provides a strong foundation for economic growth.

Nuvama’s emphasis on personalized client service and back-office and advisory support solidifies its position as appealing.

Whether you are an experienced Sub Broker or a newcomer, Nuvama will surely help you succeed in sub-broking.

FAQs on Nuvama Authorized Person

Here is the list of FAQs related to the Nuvama Authorized person.

Is Nuvama offering a Sub Brokership model?

Yes, Nuvama provides a Sub Brokership model for individuals interested in partnering with them.

How many franchise models does Nuvama have?

Nuvama offers three franchise models: a Sub Brokership, a partner program, and a refer & earn model.

What’s the earning potential for Nuvama Authorized Persons (AP)?

Nuvama APs have the potential to earn between 60% to 70% of the revenue generated at Nuvama. Additionally, they can earn Rs.200 for each new client they acquire.

How can I initiate becoming a part of the Nuvama Franchise?

To begin a Nuvama franchise, ensure you meet the eligibility criteria, which include being at least 18 years old, an Indian citizen, a graduate, possessing primary computer and communication skills, and holding an NISM certificate.

Is Nuvama’s Franchise profitable?

Yes, Nuvama’s franchise is profitable, with a profit potential of approximately 48%.

What are the responsibilities of a Nuvama Sub Broker?

Nuvama’s Sub Brokers are independent individuals who collaborate with Nuvama to provide financial services to clients.

What’s the cost to start a Nuvama franchise?

The cost to start a Nuvama franchise typically falls from Rs. 1,33,000 to Rs. 1,53,000.

How much is the commission for Nuvama Sub Brokers?

The commission for Nuvama Sub Brokers varies, ranging from 60% to 70% of the generated revenue. Additionally, they can earn Rs. 200 for each client they acquire.

Do Nuvama Authorized Persons have access to a back office?

Yes, Nuvama’s Authorized Persons (APs) receive access to a back office.

Is it necessary to have a Nuvama Demat Account to become a Sub Broker?

Yes, holding a Nuvama Demat account is a requirement to become a Sub Broker with Nuvama.


Customer ratings and reviews of Nuvama Sub Broker

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