Find 1st of its kind Comparison of Karvy Franchise vs Religare Securities Franchise. This comparison provides a detailed view of all the features of respecting sub broker or franchise brands.
Karvy & Religare Securities are both Broking houses & provide sub brokership to their partners. Both of them have varied Business Models which we will discuss here.
Compare Sub Broker Franchise
In this comparison, we will dig deep into all the aspects of both broking franchise brands. The significant aspects that we will discuss are:
- Overview
- Customer Ratings
- Business Models
- Security Deposit or Initial Investment
- Revenue Sharing or Commission
- Infrastructure Requirement
- Offers
- Support
- Brokerage Charges to Clients
- Other Charges & Margin to Clients
With this detailed comparison, we will have a clear understanding of which Sub Brokership is better: Karvy Sub Broker Program or Religare Securities Sub Broker Program.
Start this amazing comparison between Karvy Sub Broker & Religare Securities Sub Broker:
Karvy Franchise vs Religare Securities Franchise – An Overview |
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Overview | Karvy Franchise | Religare Securities Franchise |
Company Type | Public | Public |
Broker type | Full Service Broker | Full Service Broker |
Headquarters | Hyderabad, India | New Delhi, India |
Founder | C Parthasarathy | Malvinder Mohan Singh, Shivinder Mohan Singh |
Established Year | 1983 | 1984 |
SB Code Activation Time | 20 Days | 3-4 Weeks |
Payout Time | 33 Days | 31 Days |
Customer Ratings of Karvy Sub Broker & Religare Securities Sub Broker |
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Customer Ratings | Karvy Franchise | Religare Securities Franchise |
Experience | 2.10 / 5 | 3.1/5 |
Services | 2.90 / 5 | 2.9/5 |
Products | 2.80 / 5 | 3.0/5 |
Trading Platforms | 3.20 / 5 | 3.2/5 |
Support | 2.70 / 5 | 3.1/5 |
Revenue Sharing Model | 3.00 / 5 | 3.0/5 |
Security Deposit | 2.90 / 5 | 2.9/5 |
Offers | 2.80 / 5 | 2.8/5 |
Market Share | 3.00 / 5 | 3.0/5 |
Overll Ratings | 2.80 / 5 | 3.0/5 |
Star Ratings | ★★★☆☆ | ★★★☆☆ |
Compare Business Models of Karvy Franchise & Religare Securities Franchise |
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Business Models | Karvy Franchise | Religare Securities Franchise |
Master Franchise | R | S |
Sub Broker | R | R |
Remisier | R | R |
Referral Program | S | S |
Karvy Franchise vs Religare Securities Franchise Security Deposit Comparison |
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Security Deposit | Karvy Franchise | Religare Securities Franchise |
Master Franchise | Rs.50000 | NA |
Sub Broker | Rs.50000 | Rs.50,000 – Rs.2 Lakh |
Remisier | Rs.10000 – Rs.15000 | Rs.15,000 |
Referral Program | NA | NA |
Religare Securities Franchise vs Karvy Franchise Revenue Sharing Comparison |
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Revenue Sharing | Karvy Franchise | Religare Securities Franchise |
Master Franchise | 5%-10% of Franchise | NA |
Sub Broker | 60% – 70% | 60%-70% |
Remisier | 0.4 | 20% share of brokerage generated |
Referral Program | NA | NA |
Religare Securities Sub Broker vs Karvy Sub Broker Infra Requirement |
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Infrastructure Requirement | Karvy Franchise | Religare Securities Franchise |
Office Area | Minimum 300 Sq Ft | Minimum 200 Sq Ft |
Employee Strength | Minimum 2 | Minimum 3 |
Research Services | S | R |
Internet Connection | R | R |
Trading Terminals | R | R |
Telephone Lines | R | R |
Compare Karvy Partner & Religare Securities Partner Offers |
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Offers | Karvy Franchise | Religare Securities Franchise |
Zero Deposit | S | S |
10k Initial Deposit | S | R |
Flexible Revenue Sharing | R | R |
Flat Revenue Sharing | R | S |
Zero Revenue Sharing with Prepaid | S | S |
Religare Securities Authorised Person vs Karvy Authorised Person Support |
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Support | Karvy Franchise | Religare Securities Franchise |
Marketing Support | R | R |
Back-Office Support | R | R |
Trading Support | R | S |
Advisory Support | R | S |
Dealing Training | S | R |
Acquisition Training | S | S |
Product Training | R | R |
Compare Brokerage Charges of Karvy Franchise & Religare Securities Franchise |
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Brokerage Charges to Clients | Karvy Franchise | Religare Securities Franchise |
Equity Delivery | 0.10% – 0.30% | 0.10% – 0.40% |
Equity Intraday | 0.01% – 0.03% | 0.01% – 0.04% |
Equity Futures | 0.01% – 0.03% | 0.01% – 0.04% |
Equity Options | Rs.10 – Rs.30 per Lot | Rs.45 per Lot |
Currency Futures | 0.01% – 0.03% | 0.01% – 0.04% |
Currency Options | Rs.10 – Rs.30 per Lot | Rs.45 per Lot |
Commodity | 0.01% – 0.03% | 0.01% – 0.04% |
Karvy Partners & Religare Securities Partners Charges Comparison |
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Charges to Clients | Karvy Franchise | Religare Securities Franchise |
Demat AMC | Rs.500 per Annum | Free for 1 year |
Trading AMC | Zero | Free for 1 year |
Account Opening Charges | Zero | Rs.2500 Lifetime |
Transaction Charges | 0.0000325 | Free |
Margin Money | Starts with Zero | Free |
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