IIFL Sub Broker Registration

To become a sub broker one have to get registered with the Securities and Exchange Board of India (SEBI). In short, sub broker cannot operate the duty if not registered with the regulatory body. So, if you are interested to partner with the broker it is essential to be know the IIFL Sub Broker registration process.

IIFL Sub broker comes up with different business model that gives opportunities to you to become IIFL Partner.

IIFL Securities is a full-service stockbroker that is operating in the stock market since 1995 and offering stunning and powerful trading features, services, and trading platforms to its more than 20 lakh customers.

Its business model comes up with different needs and commission thus offering you the best opportunity to earn profit and taking their business to heights. 

The following are the categories that fall under this model:

• Remisier or Direct Sales Agent
• Employee to Entrepreneur
• IIFL Franchise
• Marketing Associate

How to Become a Registered IIFL Sub Broker?

Starting own business as a sub broker is dream of many but to turn your dreams into reality it is essential to follow the right steps and strategies.

Becoming a sub broker is not about becoming a trading member of stock exchange but an agent who works on the behalf of trading member.

With IIFL Sub broker registration you would be able to earn higher revenue thus offering you a good value of becoming its partner.

Now since knowledge is wealth here having a good financial knowledge is the basis of setting a business as a sub broker. Apart from this, it is important to deliver the right knowledge and understanding to its staff in order to deliver quality services to its client.

The process to set-up yourself as an IIFL Sub broker is pretty straight-forward. Following are the steps:

• Visit the website and fill the sub broker form. 

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Want to become sub broker, fill the form below and get the call back in no time. 

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• Enter your name, mobile number and other details.
• An executive from the firm will call you to assist you with the defined business goals, capital investment, business background, skills and education qualification. 
• Post this the local representative visits your address to complete the documentation process and verify everything mentioned in the eligibility criteria section.
• Once everything is collected, your documentation and related certificates will be checked and processed at the corporate center of India Infoline.
• A business partner token will be created, giving you access to back-office and other software, and along with this, your official email account will be set up.
• Once everything goes smoothly, your business account will be activated, and you can begin with your IIFL Sub Broker business with ease.

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IIFL Sub Broker Registration Documents

Apart from following the right steps, you are required to submit important documents to verify your details and other information.

The following documents will be required to complete the initial documentation process with them-

• PAN (Permanent Account Number) 
• ID Proof (one from the below)

• • Aadhar card
  • Passport
  • Driving license
  • Ration Card
• Address Proof (having your current and registered address)
• Passport-sized photographs (4 to 5)
• Educational certificates (diploma, degree, internships, etc.)
• A Cancelled Cheque of your Bank
• IIFL Sub Broker Registration with SEBI is a must.
• Commercial property that could be owned or rented
• NISM or NCFM Certificates

If you are confused about what NISM is, NISM Full Form is National Institute of Securities Market it is basically an institute for acquiring the certificate through which you can officially trade in the stock market.

In some instances, some other documents are required by the IIFL Business Executives, too, which are disclosed during the one-on-one discussion.

Once you are registered with IIFL as a Sub Broker, you can log in through their website. 

All you need is to navigate to their partner page and enter the IIFL Sub broker login details in the “Existing Partner” option. These details include your username and password.

Also, by registering with IIFL Fan you can earn up to 75% of IIFL Sub Broker Commission per client.

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IIFL Sub Broker Registration Eligibility

To get yourself registered as an IIFL sub-broker the next important step is to meet the eligibility criteria. Go through the details and proceed further with the IIFL sub-broker registration process.

• One must have a prior understanding of the Indian share market processes, business concepts, investment products, trading services, and also familiarity with real-time trading with IIFL.
• One must have practical awareness of using multiple trading platforms across different portals such as web, mobile, and desktop.
• Around 300 square feet of commercial owned or rental space will be required to deal with business operations.
• A team of around 10 to 15 people or above is necessary to handle clients, acquire, and offer them financial services from time to time.

As a matter of fact, the better the team members’ qualifications and experience, the higher is the possibility of business growth.

If you are the one who fulfills all the above conditions, you can indeed register with the IIFL in its Partnership Program. 

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IIFL Sub Broker Registration Fees

Above all, to set up any business you have to pay certain charges. Similarly for the IIFL sub broker registration you have make certain initial investment.

Here the initial investment lies in the range of ₹50K to ₹2 Lakh thus making it easy for you to invest the right amount to meet your business needs and fulfill your dreams of be your own boss.

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Conclusion

IIFL is one of the most trusted brands in terms of its valuable services and transparent commission part, so around 10,0000+ Sub Brokers are registered with this full-service stockbroker.

As a Sub Broker, you can choose any category from their “Partnership Model,” which has four chief ways to register with IIFL as a Sub Broker.

Employee to Entrepreneur, Direct Sales Agent, Marketing Associate, and Franchisee are the four ways.

Just meet the eligibility criteria and submit the essential documents to move ahead with the IIFL sub broker registration process.

To be eligible for the IIFL Sub Broker program, you must fulfill the eligibility conditions discussed above.

However, before registering with them, ensure that you have sufficient amount to own or take a commercial space on rent.

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Want to join the Sub Broker business program? Fill the form below and the call back will be arranged in no time.

 

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