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Know everything about Kunvarji Franchise Business Opportunity here.

Kunvarji is a popular brand name in the Indian capital market industry. When there were few very players in the market after independence, Kunvarji was one of them!

The Gujrat-based company has had a long history of financial solutions since 1960. Their skilled staff of risk managers and advisors safeguard and maximise the return on your money.

Kunvarji has been providing franchise services since early 1986. They build a powerful network of Kunvarji Sub Brokers and Kunvarji Partners across India.

The brokerage firm has 800+ franchise outlets across the m significant cities in India.

Kunvarji 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.5,000 - Rs.50,000

ROI Timeframe

2 Month

Kunvarji Sub Broker Review & Ratings by FranchiseByte

Revenue Sharing

3.81 / 5

Franchise Fee & Infra Investment

3.71 / 5

Support & Training

3.84 / 5

ROI Timeframe

3.67 / 5

Brand Value

3.73 / 5

Overall Ratings

3.75 / 5

Star Ratings

Overview of Kunvarji Sub Broker Franchise


Finance & Money

Business Line

Sub Broker

Organization Type


Head Office



Chetan Thakker

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


Over the year, the franchises of Kunvarji make 75% of the revenue share, and you can be one of them. So, it’s essential to understand the business model.

Kunvarji, a six-decade-old brokerage firm, has a specialised workforce of researchers and analysts. As a result, they ensure that their sub-brokers receive outstanding results and market suggestions.

If you join as a sub-brokers, the 37-year-old franchise brand name helps you acquire clients easily.

As a sub-broker, you can invest a minimum of ₹10,000+ infra cost and get a brokerage share of 60%. It could reach up to 75% if you have more investment potential.

Kunvarjibhai R Thakkar started the firm, now one of the country’s most prominent financial companies.

The franchise business concept does not necessitate as large a security deposit from the investing partners.

Furthermore, as an authorised individual of the brokerage firm, the more business one performs, the higher the earnings one might receive.

Kunvarji Stock Franchise – Business Models

Check out various business models of Kunvarji Stock Sub Brokership here.

Business Models Revenue Sharing
Sub Broker 65% – 75%
Partner 55% + Rs.200 per new Client
Refer and Earn Rs.300 per new Client

Kunvarji Sub Broker Model

Sub-brokers are authorised persons of Kunvarji finstock. At Kunvarji, sub-broking is an excellent way for a franchisee to start a business with a low initial expenditure.

In other words, Kunvarji allows financial enthusiasts or businesses willing to pay a lower security deposit. But if they invest low, they receive lower revenue shares.

Over the years, the BSE, NSE registered firm, helped sub-brokers and their clients to grow. With a moderate investment of ₹10,000 to ₹20,000, a Kunvarji sub-broker can make up to 75%.

Becoming a sub-broker of Kunvarji is always a barrier-free entry. However, they have a very transparent and automated revenue share system.

Kunvarji Partner Model

Since 37 years of glorious journey in the trading market, partners have played a crucial role in increasing the volume of business.

Partners are liable for new clients’ involvement in the trading. So, it is a comfortable option to make money and additional perks.

Kunvarji’s partner model is suitable for individuals with good marketing skills and a well-established network in society or social media.

It’s not necessary to have a finance background or relevant degrees. As a partner, you can earn 55% of brokerage revenue.

In addition, partners will get ₹200 per trading account or client acquisition. If you want to start as a partner, join the platform with only ₹5,000.

Partners have less involvement in the operation, so they have less revenue share than sub-brokers.

Kunvarji Referral Program

Any self-starter with good convincing skills can join the Kunvarji refer and earn program. You can make a sufficient income as a partner without a significant investment.

It’s a simple and fast process. If you join the refer and earn program, you can make ₹300 for each new account’s login.

Thus, your affiliate link starts to generate money. The refer and earn program helps individuals expand their network with additional income.

Kunvarji Franchise Cost & Fees

Sub Broker - Franchise Fee

Rs.10,000 - Rs.20,000

Partner - Franchise Fee


Infrastructure Investment

Zero - Rs.40,000

Despite being a well-known and established brand name, Kunvarji’s franchise cost is open to all pockets. You don’t need to borrow money or hire a third person to start a franchise office.

Your investment and revenue depend on different models. As a sub-broker or authorised person, you need to invest ₹10,000 to ₹20,000.

In addition, you need to invest in setting up a workspace. However, the infra cost is a one-time investment and could touch ₹40,000.

So, you require a very simple workstation at a low cost. But the low investment produces to make a revenue income of 65% to 75%. Sub-brokers can secure a profit of 42% after paying bills.

The franchise cost for the partner program is only ₹5,000. Even partners make almost more than half of revenue without a significant investment, that is 55%.

Additionally, they will get a perk of ₹200 for each new account.

Kunvarji Sub Broker Commission / Revenue Sharing / Royalty

Sub Broker Commission

60% to 75%

Stock Broker Commission

25% to 40%

Partner Commission

Flat 55% + Rs.200 per new Client

Stock Broker Commission

Flat 45%

Referral Commission

Rs.300 per new Client

Stock Broker Commission

Flat 100%

Sub-brokers are an integral part of the brokerage firm. They increase and run the firm like a well-oiled machine.

Firms can’t run without sub-brokers’ support, from business growth to day-to-day operation. That is why it is an attractive career option for many dealers.

As a result, the brokerage offers them handsome compensation — from 60% to 70%. It means firms only keep 30% or 40% of revenue share with them.

So, merely ₹10,000 investment with infra cost could generate such a huge return. The authorised person can profit 42% after office and employee costs.

Also, Kunvarji’s partner can make a commission of flat 55% with an additional ₹200 for the client’s acquisition.

The firm’s training and support convert you from a newbie to an expert. So, you can join with your pocket money without a second thought.

Kunvarji Business Partner ROI Details

In Years

2 Month

Return on investment is the primary goal of sub-brokers. However, it depends on the plan, market and sub-broker’s performance.

After two months of joining, sub-brokers get the revenue share as per investment. According to the business plan, the partner has the ability to profit 42% after office fees and other expenses.

Sub-brokers are persons that help stockbrokers grow their businesses by involving more clients. So, they have no direct connection with regulators or the exchange market.

Kunvarji Stock Sub Broker Profits

Find out various details like Kunvarji Stock Sub Broker Profits, Revenues, Expenses, Profit Margin & more here.

Monthly Revenue
No. of Active Clients 200
Daily Trades per Clients 1
Avg. Volume per Trade 1,80,000
Brokerage per Trade 0.18%
Trading Days in 1 Month 2
Total Brokerage Revenue 1,29,600
Sub Broker’s Share (75%) 97,200
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) 54,200
Profit Margin 42%

Profit is the main objective of every business– franchise holders are not an exception. For sub-brokers of Kunvarji, 60% – 75% of revenue is not a big deal.

For example, you will receive a minimum of ₹60,000 for ₹1,00,000 in revenue. The profit of Kunvarji’s sub-brokers grows in proportion to the brokerage revenue through the client’s activity.

As a result, an authorised individual can earn a massive 75% of brokerage revenue. After all expenses, you can make a profit of 42%. Sub-brokers are compensated based on their trading actions.

Kunvarji Stock Partner Profits

Check out various details like Kunvarji Stock Partner Profits, Revenues & more.

Monthly Revenue
No. of Active Clients 210
Daily Trades per Clients 1
Avg. Volume per Trade 2,20,000
Brokerage per Trade 0.14%
Trading Days in 1 Month 2
Total Brokerage Revenue 1,29,360
Sub Broker’s Share (55%) 71,280
Monthly Expenses
1 Telecaller Cost 13,000
Misc. Expenses 3,000
Total Cost 16,000
Monthly Profit
(Revenue – Expenses) 55,280
Profit Margin 43%

If you don’t want to invest a lot but want to make an attractive revenue or profit— Kunvarji’s partner program is for you.

They never fail to impress the partner with a huge commission. Individuals with good networking skills can make a flat 55% revenue.

Additionally, adding more clients to the portfolio can earn ₹200 for each new account. So, partnering with Kunvarji is an intelligent move for a trading fan.

With a share of 55% of revenue, the Kunvarji partner’s profit reward is 43% at the end of the month. You may need to spend 12% of your revenue on office costs.

For example, if you generate ₹1,00,000 as revenue, then take home ₹43,000 at the end of the month. Fund transfer is an automated process with the help of intelligent payment gateways.

Master Franchise of Kunvarji - Information

Franchise Fee


Infrastructure Investment


Commission% / Revenue Sharing


Kunvarji 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


If you want to join the Kunvarji Franchise family, you need some essential staff and space to start. Kunvarji always focuses on mutual benefits, so it has no rigid criteria or huge infra investment.

Your office set-up is not for attracting customers but the value and service. The cost could reach ₹40,000.

Some basic requirements for infra investment of Kunvarji franchises are as follows.

  • You don’t need a luxury set-up as a franchise holder. But a 100-200 sq ft office space is essential. It helps to run the daily operation smoothly. You perform in a more professional and organised way.
  • However, adequate computers or laptops are required. A high-speed internet connection is necessary to keep the technology-driven platform running smoothly. So, this is a critical business criterion, and slow internet can significantly influence the operation.
  • It is good to have a cooling unit or AC. But as this criterion is not mandatory so, it’s not a big deal if you do not have an AC machine.
  • In addition, CCTV control is essential for joining the business. You may need ₹2,000 to ₹2,500 for this installation. This addition helps in the security of office assets and documents.
  • You’ll also need a couple of employees to help with telemarketing, documentation, and other related tasks. As per recommendation, one or two employees are enough.

Also, if you want to get fully prepared for market activities, talk to the brokerage company about terminal possibilities.

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Support extended by Kunvarji 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


Promotional events are there to help new Kunvarji sub-brokers. It helps to acquire confidence and solve clients’ queries.

Kunvarji offers a variety of training and support resources for sub-brokers and franchisees, including:

  • Relationship Manager helps in your hard times and guides you with your client base. As the facility is not widely availed, you can request the firm to provide the support.
  • They have back-Office assistance with advanced trading software tools.
  • Trade Support includes advising team support in difficult situations and providing practice materials.
  • Because marketing support has a limited version, it is critical to maintain contact with Kunvarji’s professionals. You may need to invest in some promotional campaigns or events. Newbies can make local level entry through social media-based sponsored pages.
  • However, if sub-brokers are not comfortable with online assistance, they can learn more by reading the operation guide and trade manual.

Franchise of Kunvarji Sub Broker - Marketing Support

Unit Interior & Exterior Ads


Local Advertisement


Digital Marketing

Not Available

Television Advertisement

Not Available

Prints Advertisement

Not Available


Not Available

Your low investment and high return model come with robust marketing support.

Though Kunvarji’s authorised person may not get full marketing support, sub-brokers can still promote their business with some easy marketing channels.

The firm will help to advertise your office’s exterior or interior. They support local advertising to capture the market.

While the brokerage firm’s marketing help is restricted, franchise and sub-broker partners can go with back-office support.

You can ask back office guidance for promotional events at a low cost. Despite the paid promotion, for organic growth, you can build your own social media presence.

Training provided by Kunvarji Partner Program

Product Information Training


Dealers Training


Service Training


Sub-brokers and partners are the helping hands of the firm. So, Kunvarji has extensive support in the training program of partners.

Kunvarji’s affliate partners get training for product information to service training. Thus, the leading brokerage house can transform the partners into authorised persons.

Through authorised partners, Kunvarji ensures its position as a long-term player in the market.

Moreover, affiliate partners are the financial service provider’s primary revenue generators.

Kunvarji 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


The NSE, BSE registered firm, offers various financial products for its authorised person. You can choose some popular wealth solutions like–

  • Equity Trading
  • Mutual Funds
  • IPO Service
  • Currency
  • Model portfolios
  • PMS
  • Demat accounts

Kunvarji has not a long product vertical, but it has a strong product line. As an authorised person, you may not have access to basket trading and algo trading.

But the company’s broad selection of financial products and services is helpful enough. So, it assists you and your customers in finding success in the marketplace.

You can use the mobile app for fast operation.

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Franchise for Kunvarji - Revenue per Customer





Equity Options

Rs.20 Per lot

Equity Futures




Currency options


Currency Futures


Franchisee Qualification required by Kunvarji Sub Broker

Age Limit

21 & above

Business Experience


Academic Qualification

No Restriction

Documents Required to Start Kunvarji 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


Kunvarji Stock Sub Broker or Partner Dashboard

Find out the links to Kunvarji Stock Franchise Dashboard here.

Sub Broker Dashboard Link

Partners can follow the entire trading process by using the Android app ‘Traders App’. The facility gives them access to the Kunvarji dashboard.

It has cutting-edge socket technology that offers real-time market feed. So, it guarantees prompt deal execution.

The market-scanning tools on the dashboard are dynamic and offer all the strength and adaptability that traders want.

To manage clients/operations on a daily basis, you don’t require a lot of paper or file management.

Hence, cutting-edge technology and sophisticated tools are available to assist you and your clients in developing the franchise business.

Kunvarji Franchise Login

In the case of the webpage, that is professionally set up. It has three sections.

  • Web Access Points
  • Middle office Login
  • Head office Login

After logging in as a partner, the franchise login dashboard appears on a separate page. Furthermore, an authorised person can use apps like Kunvarji Back Office, Traders App and Trades App New.

Kunvarji Sub Broker Benefits

As a six-decade-old company, Kunvarji sub-brokers get some benefits over other competitors. It includes good income and learning opportunities.

Brand name: Kunvarji’s sixty-year journey in the financial market and 37-year experience in Dalal Street build a reputed brand name.

Partners will convince their clients with the famous brand name. So, they don’t need to struggle for this.

Training and support: Sub-brokers will get well-crafted training and support. The session helps to cope with the business model and face the challenges of markets.

After the learning program, you can support your clients in trading. With proper guidance and monitoring, they generate good revenue.

Low investment, high return: As we discussed, merely a ₹10,000 or ₹20,000 investment can profit 42% after all operation costs!

From the sub-broker to the partner program, the brokerage firm has an open door for the lower section.

Access to a fast trading platform: The authorised persons have full access to cutting-edge trading platforms or apps like “Tarders App,” which facilitate seamless trading.

The platform is easy to use and provides some tools and features that aid in effective trading by sub-brokers.

Kunvarji Franchise Drawbacks

Kunvarji Franchise holders may have to face some minor drawbacks. The mobile application has some technical issues. However, back office support is there to resolve the issue as soon as possible.

The company has no robust support of marketing; you may need to invest in paid promotion at the initial stage.

Fortunately, the brokerage firm has a fraction of complaints in the capital market. As per NSE data, Kunverji Finstock has only 0.05% registered complaints.

Kunvarji Partner Program – Conclusion

If you have any confusion about joining the franchise program, you can join the refer and earn program.

After a potential income, you can shift to a sub-broker or partner model. Kunvarji partner program is getting the attention of the market for its potential trading research.

At Kunverji, it does not matter whether you are a newbie or an expert, including your investment capacity. You can always start with any business model and make a massive profit.

FAQs on Kunvarji Franchise Business

Check out various FAQs on Kunvarji Affiliate Partner Program.

Does Kunvarji have an Authorised Person?

Yes, Kunvarji runs 800+ franchise outlets. However, they have a wide-level presence in Gujrat.

How many Affiliate Partners does Kunvarji have?

With thousands of clients each financial year, the company has a strong sub-broker base. More than 800+ authorised partners run their businesses in various cities of India.

What are the Kunvarji Referral Agents?

A good influencer or socially networked person can work as a referral agent. However, without a major investment, you can make up a flat ₹300 for each new joining.

Refer your followers, friends or relatives to join the platform.

How can I become a Kunvarji Associate Partner?

You have to apply and open a partner account on their platform. It could take nearly 15 days or less. Get ready with PAN, AADHAR-like documents you may need to upload into their system.

How much can I earn as Kunvarji Partner or Dealership?

It depends on the business model, market and performance. It’s a limitless opportunity, as we previously stated.

While sub-brokers can earn up to 75% of income, partners can get a flat 55% of brokerage. Additionally, ₹200 will be awarded for new clients joining.

Am I eligible to start a Kunvarji Partnership Agency?

Yes, if you have completed the 21 spring, you can join. Minimum education is essential for understanding and executing the operation.

Do I need to have a Kunvarji trading account?

Yes, you need a trading account to start. It helps to manage your portfolio, operation and transactions.

How much do I need to invest in becoming Kunvarji’s authorised partner?

Sub-brokers are authorised partners of the brokerage firm. They need to invest ₹10,000 – ₹20,000, with an additional 40,000 for office expenses.

Despite the 60 years of experience, you need a nominal fee to join.

How can I track my earnings with Kunvarji?

Take help from the webpage; a dashboard will appear after logging in. For a fast experience, you can go for the Android or Apple App.

Is Kunvarji safe to become a partner?

Yes, absolutely. The company’s 60-year legacy is enough certificate about trust. Lakh of people trust and make money with Kunvarji; you can also be one of them.


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