HDFC Securities Franchise vs Karvy Franchise – Compare Business Models, Revenue Sharing and more

Find 1st of its kind Comparison of HDFC Securities Franchise vs Karvy Franchise. In this comparison, you will find a detailed view of all the features of respecting sub broker or franchise brands.

HDFC Securities Franchise vs Karvy Franchise

HDFC Securities & Karvy are both Broking houses & provides sub brokership to their partners. Both of them have varied Business Models which we will discuss here.

In this comparison, we will dig deep into all the aspects of both broking franchise brands. The major 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 clear understanding of which Sub Brokership is better: HDFC Securities Sub Broker Program or Karvy Sub Broker Program.

Start this amazing comparison between  HDFC Securities Sub Broker & Karvy Sub Broker:

 HDFC Securities Franchise vs Karvy Franchise – An Overview

OverviewHDFC Securities FranchiseKarvy Franchise
Company TypePublicPublic
Broker typeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaHyderabad, India
FounderBharat ShahC Parthasarathy
Established Year20001983
SB Code Activation Time21 days20 Days
Payout Time30 Days33 Days

Customer Ratings of HDFC Securities Sub Broker & Karvy Sub Broker

Customer RatingsHDFC Securities FranchiseKarvy Franchise
Experience3.10 / 52.10 / 5
Services3.30 / 52.90 / 5
Products3.10 / 52.80 / 5
Trading Platforms2.90 / 53.20 / 5
Support3.10 / 52.70 / 5
Revenue Sharing Model3.00 / 53.00 / 5
Security Deposit2.80 / 52.90 / 5
Offers2.90 / 52.80 / 5
Market Share3.10 / 53.00 / 5
Overll Ratings3.03 / 52.80 / 5
Star Ratings★★★☆☆★★★☆☆

Compare Business Models of HDFC Securities Franchise & Karvy Franchise

Business ModelsHDFC Securities FranchiseKarvy Franchise
Master FranchiseRR
Sub BrokerRR
Referral ProgramSS

HDFC Securities Franchise vs Karvy Franchise Security Deposit Comparison

Security DepositHDFC Securities FranchiseKarvy Franchise
Master Franchise300000 – 500000Rs.50000
Sub Broker100000 – 200000Rs.50000
RemisierNARs.10000 – Rs.15000
Referral ProgramNANA

Karvy Franchise vs HDFC Securities Franchise Revenue Sharing Comparison

Revenue SharingHDFC Securities FranchiseKarvy Franchise
Master Franchise70% – 75%5%-10% of Franchise
Sub Broker50% – 65%60% – 70%
Referral ProgramNANA

Karvy Sub Broker vs HDFC Securities Sub Broker Infra Requirement

Infrastructure RequirementHDFC Securities FranchiseKarvy Franchise
Office AreaMinimum 300 Sq FtMinimum 300 Sq Ft
Employee StrengthMinimum 7Minimum 2
Research ServicesRS
Internet ConnectionRR
Trading TerminalsRR
Telephone LinesRR

Compare HDFC Securities Partner & Karvy Partner Offers

OffersHDFC Securities FranchiseKarvy Franchise
Zero DepositSS
10k Initial DepositSS
Flexible Revenue SharingRR
Flat Revenue SharingSR
Zero Revenue Sharing with PrepaidSS

Karvy Authorised Person vs HDFC Securities Authorised Person Support

SupportHDFC Securities FranchiseKarvy Franchise
Marketing SupportRR
Back-Office SupportRR
Trading SupportRR
Advisory SupportRR
Dealing TrainingRS
Acquisition TrainingRS
Product TrainingRR

Compare Brokerage Charges of HDFC Securities Franchise & Karvy Franchise

Brokerage Charges to ClientsHDFC Securities FranchiseKarvy Franchise
Equity Delivery0.50%0.10% – 0.30%
Equity Intraday0.05%0.01% – 0.03%
Equity Futures0.05%0.01% – 0.03%
Equity OptionsRs.100 per LotRs.10 – Rs.30 per Lot
Currency Futures0.05%0.01% – 0.03%
Currency OptionsRs.100 per LotRs.10 – Rs.30 per Lot
Commodity0.05%0.01% – 0.03%

HDFC Securities Partners & Karvy Partners Charges Comparison

Charges to ClientsHDFC Securities FranchiseKarvy Franchise
Demat AMCRs.300 per AnnumRs.500 per Annum
Trading AMCRs.500 per AnnumZero
Account Opening ChargesRs.500Zero
Transaction Charges0.00325%0.0000325
Margin MoneyMinimum Rs.25,000Starts with Zero

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HDFC Securities Franchise vs Karvy Franchise




Products & Services


Revenue Sharing Model




Market Share