IIFL Franchise
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Itās not been a long time since IIFL Partnership models have come into the Indian Stock Market industry. However, in this short time, it has been popularly known in the market, which influences many people to link with IIFL Securities as a āpartner,ā especially as an āIIFL Franchise.ā
To widen its business horizons and investment area, IIFL has launched a partnership model that could bring a positive transformation in the broking industry.Ā
Due to its impeccable features and vast products that give an independent working environment to the Partner, many people have joined it, and an extensive section is keen to be a part of their Franchise model.
Hence, through this documentation, we will understand what IIFL Partnership Model is and why to choose IIFL Franchise as your āPartnership Model.ā
Let us begin with the understanding of the IIFL first!
To the active traders and investors in the stock market, IIFL must have a familiar name. And, some are familiar with the name but have no idea about their company, products, trading platforms, and other details.
So, let us begin!
IIFLĀ or India Infoline (formerly known as IIFL Holdings Limited) is one of the chief players in the Indian Broking service sector, which is regulated and monitored by the Securities Exchange Board of India (SEBI).Ā
To date, India Infoline has its offline presence in more thanĀ 4000 branches in Indian cities (which are known to be 900).
Established in 1995, it is popularly known for its advanced trading platforms, the wide range of products, stellar features, and qualitative services to its more than four million customers across the globe.
India Infoline caters to its customers with a wide range of trading and investment segments. These segments include the following below-
- Equity
- Commodity
- Currency
- Mutual Funds
- DerivativesĀ
- IIFL PMS
- Initial Public Offering (IPO)
- NCDs, and a lot more!
The Derivatives segment of the IIFL includes futures trading and Options Trading.
These stocks or securities listed in the IIFL platforms (Trader Terminal or Markets App) gives users the real-time market information listed on the Well-Established Exchanges of India.Ā
These Exchanges include the underneathĀ –
- MCX (Multi Commodity Exchange of India Limited)
- NCDEX (National Commodity and Derivatives Exchange of India)
- NSE (National Stock Exchange)
- BSE (Bombay Stock Exchange)
The following are the IIFL Partnership Model, from where you can earn commission as per your client reference:-
- IIFL Sub Broker
- IIFL AAA
- IIFL Fan
- IIFL Partner
To get started with the partnership business with the firm it is important to learn about IIFL Sub Broker Registration process.
Read IIFL Sub Broker Commission to know how much commission you can earn by partnering with them.
So, now letās move ahead to gain a better understanding of its Partnership models.Ā
IIFL PARTNERSHIP MODEL
IIFL Business or Partnership Model is one of the famous and high-tech models that have emerged in the stock market industry.
IIFL offers a one-tap advisory feature to its partners through its AAA portal, which is known to be Advisory Anytime Anywhere.Ā
India Infoline provides its customers with a seamless and portable tab through which they can handle their front-office, back-office, and the middle functioning of the office in a single charge.
IIFL AAA is a portable office and offers instant paperless boarding of the new client.Ā
Through this portal, IIFL partners can view the details of customers, have access to the earnings, and can easily view the inactive customersā list, conduct research, etc.
Along with this, IIFL AAA offers its customers to stay up-to-date with the financial world. To achieve the same, it provides free learning videos on the financial market to sharpen their minds on financial knowledge.
Some other unique features of IIFL AAA (Advisory Anytime Anywhere) are as follows
- Compare different kinds of Mutual Funds (MFs) with ease and hassle-free
- Comprehensive reports on research
- Transfer funds or other holdings of the customers through ARN in a quick and easy way
- Extensive information on all IIFL commercial products
- Communication and Development related techniques
- Personalized online trainingĀ
- Add the client or register as a āpartnerā in the fastest way.
- Prompt online KYC methodĀ
- Full access to clientsā ledger reports and other relevant reports
IIFL offers its business partners with a Partnership Model that have the following four categories
- Franchise
- Marketing Associates
- Employee to Entrepreneur
- Remissier / Direct Sales Agent (DSA)
A person can choose any one category from the categories above to be a āpartnerā with IIFL.Ā
Also, associating IIFL Partner you get the offer to have an IIFL AAA Tab, where you can trade and access their many features.
Today, in this documentation, we will be only discussing the IIFL Franchise category.
IIFL Franchise Review
People or Entrepreneurs who are willing to join IIFL as a āfranchiseāĀ can choose this business model.
Although it is not mandatory but to set and grow your IIFL Franchise, the entrepreneur will be required to set-up his office space and employ staff to meet the needs and handle inquiries of the customers registered with IIFL.
You can start your franchise even with limited funds. All that is required is the right strategies to broaden the office administration and run it.Ā
The person or the entrepreneur must be able to start working as an IIFL office by spending an initial amount to them.
IIFL Franchise Eligibility
Some of the eligibility criteria to register with IIFL as a Franchise is as follows-
- The track record must be good with a highly developed customer base in the financial network.
- Although prior experience is not required but if have one can help you in understanding the industry in a better way.Ā
- Have a minimum of two years of experience in selling financial products as an MF Distributor, Insurance Advisor, Financial Planner, Sub-Broker, or maybe an Employee of a Broker or Sub-Broker, etc.
Essential eligibility criteria and documents required to open an IIFL Franchise are as below-
- Age over 18 years
- High-school education
- A valid address proof
- A recent photograph in passport size
IIFL Franchise Benefits
There are many benefits associated with becoming an IIFL Franchise. Some of them are discussed below:Ā Ā
- Constant revenue generation
- Customer acquisition assistance
- Unmatched business development initiatives
- Advanced and robust technology platforms
- Safe and secure business process
- Personal support and assistance through Relationship Managers (RMs)
- Products to fulfill the need for varied customers
- Awareness programs, training sessions, and workshops.
- Fundamental to advanced level trading availability to your customers
- Support for customized Branding through offline or digital media, and much more!
How to Become an IIFL Franchise?
To be a Partner of IIFL or to open an IIFL Franchise, you need to follow similar steps.
Once you have undergone the eligibility criteria and understood your and IIFL requirements, you can follow the below steps to be an IIFL Franchise-
- To make your process hassle-free and quick, simply click here.
- A new window will appear on your screen, here you are required to enter your details such as name, mobile number, state, city, and select the āFranchiseā category from the drop-down button.
- Now click on the āSubmitā button.
- Your details are entered in the IIFL system, now within a few minutes, you will receive a callback from the IIFL Team. They will guide you for further process.
Also, read aboutĀ How to Become IIFL FAN Partner?
IIFL Franchise Cost
As discussed above, there are certain charges levied by the India Infoline to its customers to avail of its āFranchiseā Business Model.Ā
Initially, an individual will be required to deposit a certain sum of amount to the IIFL to register as a Partner under the āFranchiseā Model.
In general, there are 3 different modules discussed below.
IIFL Franchise Cost | |
Charges | Accessibility |
No Charges | Limited (doesn't include equity) |
ā¹15000 (refundable) | AAA (include equity execution platform and other investment options) |
ā¹100000 (for sub-metro cities, refundable) | Full Access |
ā¹200000 (for metro cities, refundable) | Full Access |
This amount varies from one Franchise to another. Hence, a fixed amount is challenging to answer as the same increases or decreases depending on the client base, revenue, and other parameters.
This initial amount is generally refundable and is paid back to the Partner once the duration is over or the agreement is terminated.
As per the current property price rate in India, the amount may vary between Rs. 60,000 to Rs. 2 lakh and to make it more clear, please refer the below table-
IIFL Franchise Cost | |
Initial Deposit (Refundable) | Rs. 25,000 (approx) |
Infrastructure cost | Rs. 60,000 to above |
IIFL Franchise Login
Once you have registered with the IIFL as a partner, you might want to have access to their online portal.
- Click here to navigate directly to the IIFL website page.
- Click on the login button in the right corner of the page and select āExisting Partnerā from the drop-down arrow.
- Enter your correct details such as username and password to have access to the IIFL client base.
IIFL Franchise Locator
To Partner with IIFL by opening a Franchise in different places in India, it is essential to consider the sites or the states where one can set-up an office.
With 4000 branches across India, IIFL offers its partners to open more attachments in 36 states and UTs to broaden their network and connect with their valuable customers.
Following are the states where one can open or set-up a Franchise-
- Andra Pradesh
- Andaman & Nicobar Island
- Assam
- Arunachal Pradesh
- Bihar
- Chandigarh
- Chattisgarh
- Dadra & Nagar Haveli
- Daman and Diu
- Delhi
- Goa
- Gujarat
- Haryana
- Himachal Pradesh
- Jammu and Kashmir
- Jharkhand
- Karnataka
- Kerala
- Lakshadweep
- Madhya Pradesh
- Maharashtra
- Manipur
- Meghalaya
- Mizoram
- Nagaland
- Odisha
- Puducherry
- Punjab
- Rajasthan
- Sikkim
- Tamil Nadu
- Telangana
- Tripura
- Uttar Pradesh
- Uttrakhand,Ā
- and lastly, West Bengal
Why Choose IIFL for Partnership?
Although becoming an IIFL Partner can offer many benefits. Still, many of you will be wondering why to partner with IIFL?
Partnering with a right and the well-reputed firm is highly essential as it can unleash a diverse opportunity to grow and rebuild your skills.
Hence, the reasons to choose IIFL as one of your partners are as follows-
- India Infoline or IIFL is having high regard in the Indian Stock Market.Ā
- IIFL offers its customers to buy or sell stocks in a plethora of trading and investment segments. Hence, due to the availability of a wide range of IIFL Products and services, their Partner can build a link with any category of traders or investors.
- IIFL is considered to be one of the safest stockbrokers in India because its processing and workflow are monitored and regulated by SEBI.
- India Infoline offers its partners with proper training and operational support to undergo the financial education program.
- It also provides its business partners with weekly and monthly reports, marketing strategies, market watch, and other recommendations on a daily and weekly basis.
- Being a partner with the IIFL offers you huge bonuses, rewards in the form of certificates and money, and much more.
- The technology and platforms of the IIFL are incredible, robust, and user-friendly. And, they have received a plethora of awards for their extensive technology.
IIFL Franchise Summary
IIFL Franchise is one of the best ways to be a Partner with this well-established and globally renowned stockbroker.Ā
With more than 4 million customers across India and other International countries, you get a diverse range of customers interested in a plethora of IIFL Products.
There are several benefits that a person can avail once he is a āPartnerā with the India Infoline, and one such service is that you get to widen your business horizons, unleashing your financial potential, and having leverage of working with such a great organization is completely safe and secure.Ā
To open an IIFL Franchise, you must have technical and administration knowledge, and must be aware of the financial products, expertise in sales and customer dealing, and also must have strong financial support to build a workspace and hire candidates.
Through quick and straightforward ways, you can register as a partner, and then by entering your username and password, you can have full access to the IIFLās client data.Ā
You can easily add a new client by going through instant paperless pay and can view active and inactive clients too.
IIFL Franchise Frequently Asked Questions
There are some questions commonly asked by the people interested in being a āPartnerā with IIFL. We have tried to cover them all along with their answers as below-
1. Can I open an IIFL Franchise?
Yes, you can open an IIFL Franchise if you meet the below requirements:
- 18+ years of age
- Have relevant experience and knowledge is prefferable
2. How can I open a franchise of IIFL?
You must follow the above steps shared in the āHow to become IIFL Partnerā section.
3. Can I open an IIFL Franchise in any location?
Yes, you can open an IIFL Franchise in any part of India. It is not essential to have the IIFL Franchise in the headquarters city.
4. How much initial deposit do I need to pay to open an IIFL Franchise?
The initial deposit varies from ā¹0 to ā¹200000 depending upon the accessibility you want.Ā
Just fill in the details below and you will get a call from B2B onboarding team:
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