Find Your Franchise

Know everything about Religare Broking Franchise, or Popularly known as Religare Securities Franchise Business Opportunity, here.

Religare Securities, the Religare Enterprise Ltd.-owned broking platform, is famous among investors. Religare today caters to over 1 million customers, given its diversified financial services.

From equity, currency, and commodity trading, the broker offers a wide range of services for smooth execution.

The surging demand for the broking platform makes the Religare Securities Sub Broker equally popular.

Apart from the range of tools that help traders and investors make the most of their financial goals, the benefits to Religare Securities partners are also sure to be notable.

Get your eyes on this review if you are willing to partner with Religare.

Religare Broking Franchise Business Opportunity - Snapshot

Line of Business

Sub Broker

Unit / Shop Area

200 - 300 sq.ft.

Commission% / Revenue Sharing

30% - 70%

Total Investment

Rs.75,000 - Rs.1 Lakh

ROI Timeframe

2 Month

Religare Broking Sub Broker or Franchise Review & Ratings

Revenue Sharing

3.90 / 5

Franchise Fee & Infra Investment

3.84 / 5

Support & Training

3.72 / 5

ROI Timeframe

3.78 / 5

Brand Value

3.76 / 5

Overll Ratings

3.80 / 5

Star Ratings

Overview of Religare Sub Broker Franchise


Finance & Money

Line of Business

Sub Broker

Organization Type


Head Office

New Delhi


Malvinder Singh, Shivinder Singh

Founded In (year)


No. of Franchise Outlets


Master Franchise Model

Not Available

Franchise Tenure


Franchise Location

All over India

Business Set-Up Time

1 Month

Franchise Commencement Year


Let’s engage in educational activities to broaden your knowledge of Religare Securities. Religare is an Indian investment and financial services company that has been operational since 1985.

The Delhi-based firm also has its name listed on the Indian stock exchange.

Apart from its banking and pension schemes and retirement plans, Religare also operates as a stockbroking platform through its subsidiary, Religare Securities.

Apart from organic growth, the success of the broking platform was partially a result of its emphasis on the franchise network.

The broker runs three different franchise programs: “Refer and Earn,” “Partner Program,” and “Sub-Broker.

The terms of joining and operating the franchise vary on both platforms. In light of this, we have covered some vital information down below.

Religare Franchise – Business Models

Religare Sub Brokership provides 3 business models.

Business Models Revenue Sharing
Sub Broker 60% – 70%
Partner 30% – 40%
Refer and Earn Rs.500 Shopping Voucher per Client

Religare Securities Sub Broker

Religare Securities’ sub-broker business model is an expensive one. However, compared to the rest of the programs you see at Religare, the commission rate in this program is higher than average.

But before being entitled to become a sub-broker, you need to submit a sub-broker franchise fee of Rs.50,000.

Only after that will you have the right to generate the highest commissions, up to 60%–70% per client, from the broking platform.

Joining will be done through a digital onboarding process. Extensive training will also be provided, and timely payouts will be initiated on the fifth of every month.

A partner portal for business tracking is also available to keep track of all your earnings.

Religare Securities Partner Program

The Religare Securities partner model is one of the most enticing ones. The broker claims that you can generate Rs.2 lakh or more per month.

But it will eventually depend on the loyal list of customers you bring to the broker. The more customers you bring on board, the more revenue you extract.

Through a completely digital onboarding process and seamless account opening, the partner program assists you in creating an instant list of prospective customers online.

The dedicated partner program provides insight into ongoing business operations and other revenue-related information. So far, the brand has over 1200+ partners in its network.

Religare Securities Referral Program

On the flip side of the business partner program, we get the Religare Securities to refer and earn program.

The program is exclusively designed for aspiring partners who want to create a side hustle in addition to their existing revenue source.

The terms of this program replicate the basic affiliate models, such as you need to refer a friend to the Religare broking platform via a unique link.

Your friend opens a trading or demo account with the broker. You will be rewarded as soon as they fund their account.

To keep the program more lucrative, the broker creates a win-win opportunity for first-time clients.

Such as, not only will you be rewarded for the contribution, but your friend will also get Rs 1000 in brokerage reversal.

Religare Franchise Investment & Fees

Sub Broker Franchise Fee


Partner Fees


Infrastructure Investment

Rs.25,000 - Rs.50,000

Suppose you are about to acquire the Religare Securities franchise.

At this point, you must consider arranging a shop or unit area of 200–300 sq ft, and in case you are taking it on the lease, evaluating a fixed rental cost will be necessary.

But apart from that, the Religare Securities franchise cost covers a total investment of Rs.75,000 to Rs.1 lakh.

In simple words, a minimum of Rs 25,000–Rs 50,000 will go toward the infrastructure setup.

An additional Rs 5,000 partner fee will be charged. The cost of infrastructure can vary from one city to another.

Franchises that are set up in top-tier cities will have higher costs compared to those that are available in average cities.

Religare Broking Sub Broker Commission / Revenue Sharing / Royalty

Sub Broker Commission

60% - 70%

Stock Broker Commission

30% - 40%

Partner Commission

30% - 40%

Stock Broker Commission

60% - 70%

Referral Commission

Rs.500 Shopping Voucher per Client

Stock Broker Commission


Before you get that calculator and begin re-ordering your financial profile, it’s worth noting that Religare Securities partner commission depends on several factors.

However, you need not trade assets. All you need is to transfer the value of Religare’s broking services to your customers and create income.

Sub-broker commissions start at 60%–70% per client. Similarly, if you intend to become just a partner, you can attract 30% to 40% commission per client.

The referral commission is Rs 500, offered as a shopping voucher per client. However, these are just estimated figures for some programs.

The ultimate commission you receive will depend more on the quality of the client you bring in. So always aim to bring in a loyal customer.

Religare Broking Business Partner ROI Details

In Months

2 Month

Eliminate all expenses from the revenue, and whatever is left is your profit.

For example, if you want to calculate the Religare Securities sub broker returns, you will first sum up the number of active clients, daily trades, volume per trade, and brokerage per trade.

This will give you the ultimate figure for the total revenue generated. From this figure, you will have the right to a maximum of 40% in the partner program and 70% in the sub-broker program.

Hereafter, you will be eliminating monthly expenses, including office rent, telephone costs, dealer costs, and miscellaneous expenses, from the obtained value.

Whatever comes out will be your profit margin or ultimate return on investment.

Religare Sub Broker Profits & Expenses

Monthly Revenue
No. of Active Clients 175
Daily Trades per Clients 1
Avg. Volume per Trade 2,50,000
Brokerage per Trade 0.20%
Trading Days in 1 Month 2
Total Brokerage Revenue 1,75,000
Sub Broker’s Share (70%) 1,22,500
Monthly Expenses
Office Rent (Co-working Space) 15,000
1 Telecaller Cost 14,000
1 Dealer Cost 18,000
Misc. Expenses 5,000
Total Cost 52,000
Monthly Profit
(Revenue – Expenses) 70,500
Profit Margin 40%

Religare Securities sub broker profits comes after eliminating all important expenses and cost from the total revenue.

But there’s no guarantee if it will be a profit because it could be a net loss sometime if your expenses were more than the total revenue generated.

The factor is largely determined by the average volume of trade initiated by a single client. If they are more active at Religare Securities broking platform, your net profits will also be in green.

But make sure you only receive 60%–70% of the total revenue generated per client by you.

Religare Partner Profits & Expenses

Monthly Revenue
No. of Active Clients 175
Daily Trades per Clients 1
Avg. Volume per Trade 2,50,000
Brokerage per Trade 0.20%
Trading Days in 1 Month 2
Total Brokerage Revenue 1,75,000
Partner’s Share (30%) 52,500
Monthly Expenses
1 Telecaller Cost 15000
Misc. Expenses 5000
Total Cost 20,000
Monthly Profit
(Revenue – Expenses) 32,500
Profit Margin 19%

Religare Securities partner profits are subject to change. At times, your business can have more expenses. But as you build a chain of loyal customers, your income profile stretches further.

It is for this reason that if you get a single loyal customer who actively trades on the platform, it will generate more revenue.

Of the total income they create during their lifetime as a trader or investor for Religare, a significant portion (or as per the agreed revenue-sharing form) is given to you. In a nutshell, partner profits will keep growing.

All you need to do is bring an ideal customer on board and watch your profit grow.

Master Franchise of Religare - Information

Franchise Fee


Infrastructure Investment


Commission% / Revenue Sharing


Religare Franchise Infrastructure Requirement

Shop / Unit Area

200 - 300 Sq. Ft.

Employee Strength

Minimum 2

Research / Advisory


Trading Terminals Set-up


Telephone Lines


Computer / Internet Connectivity




CCTV Set-up


The Religare Securities franchise comes with a condition of investment. But this capital is only used in the setup of franchise outlets.

In simple words, you need a minimum of Rs 25,000–50,000 to have your entire franchise operating in the required format.

A shop or unit area of not less than 200 to 300 sq ft can be owned, or you must take it on lease. A minimum of two employees are necessary.

Alternatively, research and advisory services are also required. Be careful about the computer and internet connectivity.

The tech infrastructure must operate quickly. Other amounts will go toward furniture and additional appliances. And it will depend on how affordable or costly an item you choose.

Check out Business Opportunities with Similar Brands

Support Provided by Religare Partner Program

Service Pricing




Client Interaction Training

Partially Available

Relationship Manager Support

Not Available

Back-Office Support


Trading Support


Advisory Support


Marketing Support

Partially Available

Business Management Software


Website Support

Not Available

Operation Manual


Training Manual


There’s a list of support solutions provided to Religare Securities sub-broker. Through these support channels, Religare pays close attention to partners’ workflow.

The broker wants to ensure that every move of a sub-broker reflects the value of their brand. Given that, the broker offers back-office support, advisory support, and some marketing support as well.

However, no relationship manager support is available. You will have access to client interaction training, but in the mainstream, you will have to learn this by yourself.

How do I persuade someone to open a trading or demo account at Religare Broker? You will have to figure out the answer by yourself.

Franchise of Religare - Marketing Support

Unit Interior & Exterior Ads


Local Advertisement


Digital Marketing


Television Advertisement

Not Available

Prints Advertisement

Not Available


Not Available

Marketing support is one way to keep a sub-broker or distributor partner confident about their decision.

As a Religare Securities authorized person, you can feel gratified by accessing interior and exterior ads. These ads become the special highlight of your franchise outlet at that physical location.

Local advertising is an additional initiative by the broker through which Religare aims to make you popular in your region.

A digital marketing facility is also available. Altogether, you create a memorable experience with the broker.

Training provided by Religare Broking Sub Brokership

Product Information Training


Dealers Training


Service Training


Not every aspiring partner comes from a well-trained background, so it would be tough to adapt to the franchise requirements of Religare.

Therefore, each aspirant receives training from the broker. No matter if you are a Religare Securities affiliate partner or a sub-broker, the broker wants to ensure you learn things faster and better.

The training programs provided by Religare are training in product information, dealer training, and service training.

Client interaction training and a training manual are also available to assist clients in making well-informed decisions.

Religare Broking Partner Program - Products & Securities 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


If you are looking for a Religare Securities franchise, seek clearance on the types of products offered by the broker.

Religare’s broking platform offers versatile trading and investment solutions, and its product range encompasses equities.

Clients can invest in market equities, or they can trade equities through a day-trading interface. Options trading and futures trading are also available.

The commodity trading and currency trading options are also flashing for clients.

Apart from general investment and trading services, IPO services, insurance, and stock recommendation features, the platform of Religare Securities is fully interactive.

Check out Business Opportunities with Similar Brands

Franchise for Religare Broking - Revenue per Customer


0.01% - 0.04%


0.10% - 0.40%

Equity Options

Rs.45 per Lot

Equity Futures

0.01% - 0.04%


0.01% - 0.04%

Currency options

Rs.45 per Lot

Currency Futures

0.01% - 0.04%

Franchisee Qualification required by Religare Franchise

Age Limit

21 years & above

Business Experience


Academic Qualification

No Restriction

Documents Required to Start Religare 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


Religare Partner or Sub Broker Dashboard

Here is the link to Religare Franchise Dashboard.

Partner / Sub Broker Dashboard Link

Religare Securities partner dashboard is the only place where you will see all of your valuable digits flashing in one place on the screen.

The dashboard discloses your performance history. Your past performance and your ongoing performance are presented in a graph.

This is to ensure you don’t live under any false assumptions. Religare Securities utilizes cutting-edge technology to keep things up to date and eliminate the chances of errors and flaws.

You can access the dashboard through your log-in details.

Religare Securities Franchise Login

Each partner needs to enter their Religare Securities franchise login information before they can start promoting the brand’s services and generating income.

The login information is requested to keep accounts encrypted and secure. Simply give your email address and phone number, and create a strong password.

But make sure it never comes into anyone’s vision. If you discover any evidence of a data breach or leak, please notify Religare immediately.

Religare Securities Sub Broker Benefits

You should look at the Religare Securities sub broker benefits to re-consider your decision, especially if you were ignoring the idea.

  • The broker runs multiple partnership programs
  • The commission rate starts at 40% and goes up to 70%
  • Extensive marketing support is also available
  • The NSE-listed company backs the broking platform
  • Reliable payment on the promised date

Religare Securities Franchise Drawbacks

Compared to its benefits, the Religare Securities franchise has relatively fewer drawbacks. Still, it’s worth paying attention to this important segment.

  • The broker doesn’t offer comprehensive support and facilities to partners
  • Most of the time, you will be utilizing your intellect to bring in customers
  • Compared to the rest, the broker is still a lesser-known name

Religare Securities Partner Program – Conclusion

Religare Securities partner program could be a one-stop solution for every aspiring franchise partner who understands the business model of the broking platform.

Similarly, if you believe that your interest and experience can adapt to the business requirements of Religare, the attractive payout will surely leave you hooked.

The stock broker offers 30% to 70% commission per client. But it will depend on certain terms.

FAQs on the Religare Securities franchise business

Here are various FAQs on Religare Broking Affiliate Partner Program.

Does Religare Securities have an authorized representative?

Yes. Religare Securities has an authorized person who acts as a distributor and marketer in order to increase conversion to Reliable Securities.

How many affiliate partners does Religare Securities have?

The total number of affiliate partners that Religare Securities has is undisclosed.

However, the broker does have a 1500+ distributorship network on which you can base your evaluation of the company.

Who are the Religare Securities referral agents?

Religare Securities referral agents are commission agents who market the brand and convert a user into a client through a unique trackable link.

The more customers an agent generates, the more income they create.

How do I become an associate partner with Religare Securities?

You can become a Religare Securities associate partner if you are 21 or older and comply with the basic criteria for joining as an associate partner.

How much can I earn as a Religare Securities partner or dealership?

You can earn anything between Rs 1 lakh and Rs 5 lakh as a Religare Securities partner or dealer.

But it will only depend on the efforts you put in and the skills you use to attract clients.

Am I eligible to become a Religare Securities partnership agency?

If you are 21 or older, carry documents representing you as an Indian citizen. You can run a partnership agency with Religare Securities.

Do I need to have a Religare Securities trading account?

Yes. You need to have a trading account to learn the fundamentals of the broking platform. You should know how it operates and how clients will use it.

How much do I need to invest in becoming Religare Securities’ authorized partner?

You need at least Rs 25,000–Rs 50,000 to invest in becoming a Religare Securities authorized partner.

How much you will invest will depend on your requirements and strategic decisions as well.

How can I track my earnings with Religare Securities?

Any franchise partner engaged with Reliance Securities can track their earnings live on their personal dashboard. The dashboard will be accessible via a web link directly from the broker.

Is it safe to become a partner at Religare Securities?

Incorporated in 1985, Religare is one of the most trusted brands in the Indian financial sector. That’s why its subsidiary, Religare Securities, is also safe for your consideration.


Get 70% Revenue Sharing Now!Become Sub Broker