Love our Referral IAP Business?
Whatever your entrepreneur style is, we have a solution for you!
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Business Development Initiatives
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What is 'IAP' Model?
'Introductory Authorised Person' is a person who is engaged by a member-broker primarily to solicit business in securities on a Revenue sharing / Commission basis. IAP can introduce/refer the clients and will get revenue only for the registered segments on monthly basis in the broking segment.

Why Partner With Us?
Join our network and unlock these exclusive benefits
Access to free expert-backed research
Call & trade services at zero cost
Dedicated handholding support for you and your clients
Free intuitive dashboard
Monthly payout process
No professional degree required
Partner training & induction sessions
Work at your own convenience
Zero investment business model
Who can become Referral Partner?
CA & CA Firms
Mutual Fund Distributors
IFA Companies
Shopkeepers
Aadhar Seva Kendra Owners
Fintech
Teaching Professionals
Medical Representatives
Insurance Agents / Agents of any Industry
Banks (Cooperative, Sahakari, Private)
Event Organisers
Documents Required to Become Referral Partner
PAN Card
Address Proof
Education Proof (Minimum 10th Pass Certificate)
Bank Proof
Signed Agreement3 Moves. 10 Minutes. Complete Digital. Your Referral Journey Starts Now!
Kickstart your journey by verifying your contact details.
Complete your KYC, Select your preferred Referral Module and Do the E-Sign Process
Assessment & Approval
Income Estimator
Calculate your potential earnings as an IAP Referral Partner
This calculator estimates your potential earnings based on the number of clients you onboard monthly. Actual results may vary based on market conditions and client activity.
Estimated Monthly Income
₹ 0
Revenue sharing (25%) + Per account incentive
Estimated Annual Income
₹ 0
Cumulative growth over 12 months
All calculations are indicative and for illustration purposes only.
Key Opportunities
Untapped Market:
India has ~95 crore people in the 18-65 age bracket and only ~11 crore unique stock market investors.Growth Prospects:
India is expected to have 40 crore demat accounts by 2030, providing an expanding client base.Increasing Participation:
Participation of women in the markets is increasing, with almost 1 in 4 being a woman investor.
Referral Partnership Channel – FAQs
- PAN Card
- Proof of Residence
- Bank Proof
- Education Proof (Minimum S.S.C Certificate required)
Below are the qualification required to become a Referral Partner with Anand Rathi -
- No formal educational requirements, but understanding financial markets and having relevant certifications is beneficial.
- Must be at least 18 years old.
- Must have basic financial knowledge and be a minimum of 10th grade pass.
A Demat account is not mandatory, but having one can help you better understand and meet client needs.
You can earn by referring active accounts, receiving account opening incentives and brokerage sharing.
Submit your application online. Our expert team will assess your application and guide you through the necessary steps to get started.
No, call and trade services are provided at no extra cost.
Yes, you will receive continuous support, including regular training sessions, access to an intuitive dashboard, and updates from Relationship Managers (RM) and dealers.
Yes, you can work remotely from anywhere as there are no geographical restrictions.
You'll have access to a user-friendly dashboard to monitor the progress of the accounts you've referred. You can also manage and process these accounts from your side.
No, there are no hidden charges. You only pay the fees set by the exchange, depending on your growth partnership module.
You will earn recurring income through revenue sharing, based on your partnership module, along with additional incentives for each successful account opening.
While you refer clients, you can rely on our dedicated RM & Advisor support to assist with account management.
You'll receive regular partner training, market insights, and updates on how to maximize your earnings as a Referral Partner.
There is no minimum number of referrals required. The more you refer, the higher your earning potential.
"10 Minutes to Apply. 24 Hours to Start." Complete your digital Partner Onboarding application with Anand Rathi now, and receive your Partner Credentials directly to your inbox within a day.