Find Your Franchise

Know everything about Chola Wealth Franchise Business Opportunity here.

Are you seeking a business plan to invest your funds and run your business? If yes, the stock broking franchise is a lucrative option. And when it comes to stock broking franchises, you can’t ignore Chola Wealth Sub Brokership.

A wealth management company, Chola Wealth offers stock broking and equity advisory services to individual and institutional investors.

Let’s dig into the Chola Wealth Partner and Authorized Person business models.

Chola Wealth Franchise Business Opportunity - Snapshot

Line of Business

Sub Broker

Unit / Shop Area

100 - 200 Sq. Ft.

Commission% / Revenue Sharing

40% to 75%

Total Investment

Rs.11,000 - Rs.1,00,000

ROI Timeframe

2 Month

Chola Wealth Sub Broker Review & Ratings by FranchiseByte

Revenue Sharing

3.69 / 5

Franchise Fee & Infra Investment

3.26 / 5

Support & Training

4.12 / 5

ROI Timeframe

3.90 / 5

Brand Value

4.01 / 5

Overall Ratings

3.80 / 5

Star Ratings

Overview of Chola Wealth Sub Broker Franchise


Finance & Money

Business Line

Sub Broker

Organization Type


Head Office



Rajendra Gandhi

Founded In (year)


No. of Franchise Outlets


Master Franchise Model

Not Available

Franchise Tenure


Franchise Location

All over India

Business Set-Up Time

15 days

Franchise Commencement Year


Chola Wealth is a private organization founded in 1978 by Rajendra Gandhi. This Chennai-based franchise is a member of NSE and BSE.

With an impressive business structure, it has 200+ franchise Indian outlets. The company aims to enable clients to enter a better life with impressive financial services.

Chola Wealth has been operating for almost 35 years and offers an exquisite range of financial products.

Customers can buy and sell these trading products, from equities to commodities, futures, and options.

Talking about the Chola Wealth Sub Broker code, it takes 28 days to activate. In addition, the payout period varies from 3 to 4 weeks.

With an overall rating of 3.8, it’s the best investment opportunity to have your own business.

Chola Wealth Franchise – Business Models

Find out various business models of Chola Wealth Sub Brokership.

Business Models Revenue Sharing
Sub Broker 65% – 75%
Partner 40% + Rs.300 per new Client
Refer and Earn Rs.400 per new Client

Chola Wealth Sub Broker Model

If you are an expert in the operational arena, becoming a Chola Wealth Sub Broker is your best chance.

On selecting this business model, you will be entitled to access the franchise’s products and services.

You will handle sales of the firm’s financial products and services. Moreover, Chola Wealth will train you and provide all the necessary support facilities to kick-start your career as an authorized person.

You can retain more than half the share by selling the company’s products and opening a customer’s trading account.

The franchise lets authorized persons earn around 65% to 75% of revenue.

Chola Wealth Partner Model

Your budget is low! Still you want to work in the stock exchange market? In such a case, investing in a reputed brokerage house’s partner program is the best career option.

Chola Wealth Partner program enables people to run their businesses with limited investment. The company appoints partners to pitch its financial products and services to target customers.

Your only responsibility is to get Chola Wealth new clients. In return, you can retain a 40% revenue share. Also, the firm rewards its partners with an extra Rs. 300 for every new client.

Chola Wealth Refer and Earn

Do you want to try your luck by working in the stock market? But you don’t want to resign from your current job?

If you have a decent client base and skills to persuade others, opt to work as a brokerage house’s referral agent.

Chola Wealth Refer and Earn program allow people to work as referral agent without any investment. The company delegates referral agents with the responsibility of referring new clients.

If you refer an individual and convert him into a company’s customer, you can secure a commission of Rs. 400.

Chola Wealth Franchise Cost & Fees

Sub Broker - Franchise Fee

Rs.20,000 - Rs.50,000

Partner - Franchise Fee


Infrastructure Investment

Zero - Rs.50,000

Chola Wealth Franchise Cost is the sum business partners need to deposit for assurance and partnership.

The franchise fee’s minimum range for sub-brokers is Rs.20,000, and the maximum is Rs.50,000.

Chola Wealth collects security deposits before inward bound, and both parties sign the full franchise agreement.

Chola Wealth also asks its partners to deposit franchise fees. But the amount is relatively less than the sub-brokers fee. The franchise fee for a Remisier is flat Rs. 11,000.

Since Chola Wealth mandates sub-brokers to open their office, the maximum infrastructure investment can be Rs. 50,000. And the minimum infrastructure investment for partners is zero.

Chola Wealth Sub Broker Commission / Revenue Sharing / Royalty

Sub Broker Commission

65% to 75%

Stock Broker Commission

25% to 35%

Partner Commission

Flat 40% + Rs.300 per new Client

Stock Broker Commission

Flat 60%

Referral Commission

Rs.400 per new Client

Stock Broker Commission

Flat 100%

Sub-brokers / Authorized Person: Sub-brokers can retain more commission with more infrastructure investment and responsibilities.

Chola Wealth’s authorized person’s commission percentage is between 65% to 75%. And 25% to 35% commission is for a primary broker.

Partners: Chola Wealth Partner Commission is fixed at a flat 40%. In addition, it rewards its Remisier with Rs.300 by adding each customer to the firm’s client base.

Chola Wealth, on the other hand, retains the additional 60%.

Referral Agents: You can earn Rs.400 per client by participating in Chola Wealth’s refer & earn program.

The stock broker secures the entire commission, i.e., 100% in this business model.

Chola Wealth Business Partner ROI Details

In Years

2 Month

Chola Wealth has been operating as a stockbroker for over 30 years. Partnering with such an established franchise can help business partners earn higher ROI.

The break-even point for the Chola Wealth Sub Broker Returns extends for two months. Once this period is over, partners can enjoy more returns on their investments.

Chola Wealth Sub Broker Profits & Revenues

Know about Chola Wealth Sub Broker Profits, Expenses, Revenues & Profit Margin here.

Monthly Revenue
No. of Active Clients 230
Daily Trades per Clients 1
Avg. Volume per Trade 2,50,000
Brokerage per Trade 0.25%
Trading Days in 1 Month 1
Total Brokerage Revenue 1,43,750
Sub Broker’s Share (75%) 1,07,813
Monthly Expenses
Office Rent (Co-working Space) 12,000
1 Telecaller Cost 13,000
1 Dealer Cost 15,000
Misc. Expenses 3,000
Total Cost 43,000
Monthly Profit
(Revenue – Expenses) 64,813
Profit Margin 45%

You can figure out Chola Wealth’s brokerage revenue by performing this formula:

Number of Active Clients x Daily Trades per Client x Average Volume per Trade x Brokerage per Trade x Trading Days in 1 Month.

Chola Wealth considers a client base of 230 active customers. Its total brokerage revenue is Rs.1,43,750 (230*1*2,50,000*0.25%*1).

Since the firm allows sub-brokers to retain a 75% share, their revenue is Rs.1,07,813.

The total office rent, telecaller, dealer, and miscellaneous expenses are Rs. 43,000. Deduct the authorized person’s total cost from total revenue to calculate his profit.

Hence, Chola Wealth Sub Broker Profits amount to Rs. 64,813 with a 45% profit margin.

Chola Wealth Partner Profits & Expenses

Check out Chola Wealth Partner Profits, Revenues, Expenses & more here.

Monthly Revenue
No. of Active Clients 230
Daily Trades per Clients 1
Avg. Volume per Trade 2,50,000
Brokerage per Trade 0.25%
Trading Days in 1 Month 1
Total Brokerage Revenue 1,43,750
Sub Broker’s Share 57,500
Monthly Expenses
1 Telecaller Cost 13,000
Misc. Expenses 3,000
Total Cost 16,000
Monthly Profit
(Revenue – Expenses) 41,500
Profit Margin 29%

You can figure out Chola Wealth’s brokerage revenue by performing this formula:

Number of Active Clients x Daily Trades per Client x Average Volume per Trade x Brokerage per Trade x Trading Days in 1 Month

Chola Wealth considers a client base of 230 active customers. Its total brokerage revenue is Rs. 1,43,750 (230*1*2,50,000*0.25%*1).

Since the firm allows partners to retain a 40% share, their revenue is Rs.57,500.

The total of telecaller and miscellaneous expenses is Rs. 16,000. Deduct the partner’s total cost from total revenue to calculate his profit.

Hence, Chola Wealth Partner Profits amount to Rs. 41,500 with a 29% profit margin.

Master Franchise of Chola Wealth - Information

Franchise Fee


Infrastructure Investment


Commission% / Revenue Sharing


Chola Wealth Partner Program Infrastructure Requirement

Shop / Unit Area

100 - 200 Sq. Ft.

Employee Strength

1 to 2

Research / Advisory


Trading Terminals Set-up


Telephone Lines


Computer / Internet Connectivity




CCTV Set-up


You can only become Chola Wealth’s partner after meeting its infrastructure prerequisites.

  • Chola Wealth Franchise must set up an office with a 100 to 200 sq. ft. unit area.
  • You must hire 1 to 2 employees to manage clients.
  • An authorized partner must get a computer and provide the office with an internet connection. In addition, equip the office with telephone lines.
  • CCTV setup is compulsory for monitoring business and employee activities.

It’s optional to have research and advisory services and trading terminals to provide a seamless trading experience to the clients.

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Support extended by Chola Wealth Sub Broker Franchise

Service Pricing




Client Interaction Training


Relationship Manager Support

Occasionally Available

Back-Office Support


Trading Support


Advisory Support

Occasionally Available

Marketing Support

Partially Available

Business Management Software

Not Available

Website Support

Not Available

Operation Manual


Training Manual


The organization offers complete support to the Chola Wealth Sub Broker. It believes in extending ongoing support and assistance to its business partners.

As a franchise’s sub-broker, you can leverage the benefits of the following support facilities:

  • Sub-brokers can create attractive sales pitches with Chola Wealth’s Service Pricing and Offers.
  • Client Interaction Training to equip sub-brokers with effective communication skills.
  • Back-Office Support for settlements, record maintenance, accounting, clearances, IT services, etc.
  • You can leverage Trading Support for real-time trading.
  • Operation and Training Manual for detailed business operation and training instructions.
  • Marking and Advisory Support are available after certain intervals.

Franchise of Chola Wealth Sub Broker - Marketing Support

Unit Interior & Exterior Ads


Local Advertisement


Digital Marketing

Not Available

Television Advertisement

Not Available

Prints Advertisement

Not Available


Not Available

Although Chola Wealth is among the top-ranked brokerage house leaders, sub-brokers can only run their business by marketing it.

Chola Wealth Authorized Person can turn its business into success with smart marketing strategies. By partnering with the franchise, sub-brokers can avail of top-notch marketing support.

Unit Interior & Exterior Advertisement facilities are available. Moreover, local advertisements enable you to capture nearby areas.

Training provided by Chola Wealth Partner Program

Product Information Training


Dealers Training


Service Training


Chola Wealth Affiliate Partner can master industry-relevant skills with these training programs:

Product Information Training: Led by Chola Wealth’s product department professionals, this training program informs sub-brokers about the firm’s offerings.

You can learn all the features and stock market rates of equities, commodities, F&Os, etc.

Dealers Training: This training is for partners striving to possess the skills and knowledge necessary for becoming a stock market dealer.

During the dealer training program, you can learn the techniques and tips to trade profitably.

Service Training: The service training program aims to make sub-brokers proficient in offering Chola Wealth’s financial services.

Chola Wealth Franchise - Products & Services Offered

Equity Trading


Commodity Trading


Currency Trading






Mutual Funds








Demat Services


3 in 1 Acount


IPO Services


Stock Recommendations


Robo Advisory




Exposure or Limit


Mobile App


Web Trading Platform


Trading Terminal


Algo Trading Platform


Basket Trading


Here is the list of all financial products and services that Chola Wealth Franchise offers:

  • Equities Trading to buy and sell shares and derivatives listed in BSE and NSE.
  • Futures and Options to hedge risk or speculate on stock market price changes.
  • Demat Services for a smooth and quick Demat Account opening process.
  • IPO Services for the firms planning to enlist in the stock exchange.
  • Stock Recommendations to trade in profitable shares and stocks.
  • Market Exposure or Limit to let investors know the risks unique to the specific investment.
  • Mobile App, Web Trading Platform, and Trading Terminal for a quick trading process.

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Franchise for Chola Wealth - Revenue per Customer





Equity Options

Rs.20 Per lot

Equity Futures




Currency options


Currency Futures


Franchisee Qualification required by Chola Wealth Sub Broker

Age Limit

21 & above

Business Experience


Academic Qualification

No Restriction

Documents Required to Start Chola Wealth Sub Broker Program

Franchise Agreement


Proprietor Aadhaar Copy


Proprietor Photo


Proprietor / Business PAN Copy


Business TAN Copy


GST Registration Certificate


Proprietor / Business Address Proof


Unit / Shop Address Proof


NOC of Unit / Shop


Chola Wealth Sub Broker or Partner Dashboard

Check out the link to Chola Wealth Franchise Dashboard here.

Partner / Sub Broker Dashboard Link

Both Android and iOS users can use Chola Wealth Partner Dashboard. Moreover, the franchise’s trading platform provides access to these features:

  • A simple user interface makes it easier to buy goal-based instruments.
  • Investors can buy Shares, Mutual Funds, Term Insurance, Derivatives, and more.
  • Traders can track their portfolios with a single click.
  • You can calculate your financial health using the Chola Wealth calculator.

Furthermore, the dashboard renders fraud and privacy protection for a seamless trading experience.

Chola Wealth Franchise Login

The Chola Wealth Franchise Login process involves these steps:

  1. First, you must fill up the firm’s trading account registration form.
  2. Next, submit the necessary documents.
  3. Upon verification, you will receive your login credentials.
  4. In last, enter the credentials, i.e., username and password.
  5. Click the ‘Submit’ button to log in to your trading account.

Chola Wealth Sub Broker Benefits

You can avail of the following Chola Wealth Sub Broker Benefits by partnering with the franchise:

Lucrative Revenue Share: Chola Wealth enables its sub-brokers to earn a higher share in the revenue.

You will surely get more than half the revenue share, i.e., 65% to 75%. The more clients you get and assist, the maximum you can add to your bank balance.

Top-Notch Support: Chola Wealth offers top-notch support to its authorized person. You can leverage back-office and trading support, multiple training programs, and advisory support.

Flexible Security Deposit: The firm charges comparatively less and has a flexible security deposit. It’s the sub-broker’s choice to decide the security deposit amount.

Moreover, you can get this amount back upon the termination of the partnership agreement.

Chola Wealth Franchise Drawbacks

The following are the Chola Wealth Franchise Drawbacks:

  • The franchise provides limited marketing support facilities. Chola Wealth doesn’t render digital marketing support with every company marketing online.
  • Investors can’t trade in Forex with Chola Wealth.
  • Moreover, a sub-broker can’t access the website support for his website.

Chola Wealth Partner Program – Conclusion

Chola Wealth Partner Program is your answer for a great business investment opportunity. Partnering with the franchise allows you to pitch all its products and services to clients freely.

Moreover, the brokerage house is SEBI-registered and is a depository participant in NSE and BSE. It means investors can legally transact in the stock market.

You can leverage the firm’s unmatchable experience to grow your business.

FAQs on Chola Wealth Franchise Business

Find out various FAQs on Chola Wealth Affiliate Partner Program.

Does Chola Wealth have an Authorized Person?

With Chola Wealth, you can register for three business models, and one is an authorized person. The franchise specifies a simple and easy process to become a Chola Wealth sub-broker.

How many Affiliate Partners does Chola Wealth have?

Operating successfully for almost 35 years in the stock market, Chola Wealth is home to several affiliate partners. The brokerage house has 80+ affiliate partners.

What are the Chola Wealth Referral Agents?

Chola Wealth referral agents can get the firm new clients under its Refer & Earn program. It provides Rs. 400 commission to its referral agents for referring a new client.

How can I become a Chola Wealth Associate Partner?

You can become Chola Wealth associate partner by following the straightforward steps and submitting essential documents.

  1. Visit Chola Wealth’s website and click the ‘Become Sub Broker’ button.
  2. Answer the brief set of questions for identification.
  3. Next, provide scanned photos and listed documents.

How much can I earn as Chola Wealth Partner or Dealership?

Chola Wealth Partner or Dealership commission is fixed at a flat 40%. In addition, it rewards its Remisier with Rs. 300 by adding each customer to the firm’s client base.

Am I eligible to start a Chola Wealth Partnership Agency?

You are eligible to become a Chola Wealth partnership agency if you meet the following prerequisites:

  • The candidate’s age must be 21 or above.
  • The candidate must qualify +2 from a recognized institute. But there is no academic restriction on higher qualifications.
  • It’s not compulsory to have work experience.

Do I need to have a Chola Wealth trading account?

It’s a must to have a Chola Wealth trading account to become the firm’s business partner. Fill out the account registration form to open a Chola Wealth trading account.

How much must I invest in becoming Chola Wealth’s authorized partner?

The Chola Wealth franchise fee for an authorized partner is Rs. 20,000 to Rs. 50,000. And infrastructure investment can cost from zero to Rs. 50,000.

How can I track my earnings with Chola Wealth?

Log in to Chola Wealth App or trading website to know your financial wellness. You can find the ‘Track Earnings’ tab in the dashboard.

Is Chola Wealth safe to become a partner?

Chola Wealth is a SEBI-registered brokerage house. Moreover, it serves as a depository participant in NSE and BSE.

It implies you can buy and sell financial instruments legally and safely with Chola Wealth.


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