Religare Securities Franchise vs Nirmal Bang Franchise – Compare Business Models, Revenue Sharing and more

Find 1st of its kind Comparison of Religare Securities Franchise vs Nirmal Bang Franchise. This comparison provides a detailed view of all the features of respecting sub broker or franchise brands.

Religare Securities & Nirmal Bang are both Broking houses & provide sub brokership to their partners. Both of them have varied Business Models which we will discuss here.Religare Securities Franchise vs Nirmal Bang Franchise - Comparison-min


Compare Sub Broker Franchise

vs

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 clearly understand which Sub Brokership is better: Religare Securities Sub Broker Program or Nirmal Bang Sub Broker Program.


Start this amazing comparison between Religare Securities Sub Broker & Nirmal Bang Sub Broker:

Religare Securities Franchise vs Nirmal Bang Franchise – An Overview

Overview Religare Securities Franchise Nirmal Bang Franchise
Company Type Public Private
Broker type Full Service Broker Full Service Broker
Headquarters New Delhi, India ‎Mumbai, India
Founder Malvinder Mohan Singh, Shivinder Mohan Singh Rahul Arora, CEO
Established Year 1984 1986
SB Code Activation Time 3-4 Weeks 20-30 Days
Payout Time 31 Days 1 month

Customer Ratings of Religare Securities Sub Broker & Nirmal Bang Sub Broker

Customer Ratings Religare Securities Franchise Nirmal Bang Franchise
Experience 3.1/5 3.2/5
Services 2.9/5 3.1/5
Products 3.0/5 2.8/5
Trading Platforms 3.2/5 2.8/5
Support 3.1/5 3.5/5
Revenue Sharing Model 3.0/5 3.8/5
Security Deposit 2.9/5 3.8/5
Offers 2.8/5 3.1/5
Market Share 3.0/5 2.5/5
Overll Ratings 3.0/5 3.16
Star Ratings ★★★☆☆ ★★★☆☆

Compare Business Models of Religare Securities Franchise & Nirmal Bang Franchise

Business Models Religare Securities Franchise Nirmal Bang Franchise
Master Franchise S S
Sub Broker R R
Remisier R S
Referral Program S S

Religare Securities Franchise vs Nirmal Bang Franchise Security Deposit Comparison

Security Deposit Religare Securities Franchise Nirmal Bang Franchise
Master Franchise NA NA
Sub Broker Rs.50,000 – Rs.2 Lakh Rs 75,000 – 2 Lakhs
Remisier Rs.15,000 NA
Referral Program NA NA

Nirmal Bang Franchise vs Religare Securities Franchise Revenue Sharing Comparison

Revenue Sharing Religare Securities Franchise Nirmal Bang Franchise
Master Franchise NA NA
Sub Broker 60%-70% 50% – 70%
Remisier 20% share of brokerage generated NA
Referral Program NA NA

Nirmal Bang Sub Broker vs Religare Securities Sub Broker Infra Requirement

Infrastructure Requirement Religare Securities Franchise Nirmal Bang Franchise
Office Area Minimum 200 Sq Ft Minimum 200 Sq Ft
Employee Strength Minimum 3 Minimum 3
Research Services R R
Internet Connection R R
Trading Terminals R R
Telephone Lines R R

Compare Religare Securities Partner & Nirmal Bang Partner Offers

Offers Religare Securities Franchise Nirmal Bang Franchise
Zero Deposit S S
10k Initial Deposit R R
Flexible Revenue Sharing R R
Flat Revenue Sharing S S
Zero Revenue Sharing with Prepaid S S

Nirmal Bang Authorised Person vs Religare Securities Authorised Person Support

Support Religare Securities Franchise Nirmal Bang Franchise
Marketing Support R R
Back-Office Support R R
Trading Support S R
Advisory Support S S
Dealing Training R R
Acquisition Training S R
Product Training R R

Compare Brokerage Charges of Religare Securities Franchise & Nirmal Bang Franchise

Brokerage Charges to Clients Religare Securities Franchise Nirmal Bang Franchise
Equity Delivery 0.10% – 0.40% 0.2% or 20 paisa
Equity Intraday 0.01% – 0.04% 0.02% or 2 paisa
Equity Futures 0.01% – 0.04% 0.02% or 2 paisa
Equity Options Rs.45 per Lot Rs 35 Per Lot
Currency Futures 0.01% – 0.04% 0.02% or 2 paisa
Currency Options Rs.45 per Lot Rs 20 Per Lot
Commodity 0.01% – 0.04% 0.02% or 2 paisa

Religare Securities Partners & Nirmal Bang Partners Charges Comparison

Charges to Clients Religare Securities Franchise Nirmal Bang Franchise
Demat AMC Free for 1 year Rs 200 (Pro Rata)
Trading AMC Free for 1 year Zero
Account Opening Charges Rs.2500 Lifetime Zero
Transaction Charges Free Zero
Margin Money Free Rs.10,000

Start with Zero Deposit Today – Become a Sub Broker

    Become a Sub Broker
    1. Become Sub Broker


    Find Stock Broking Franchise Comparison

    5paisa Franchise Vs Religare Securities Franchise
    Angel Broking Franchise Vs Religare Securities Franchise
    Axis Direct Franchise Vs Religare Securities Franchise
    Hdfc Securities Franchise Vs Religare Securities Franchise
    Icici Direct Franchise Vs Religare Securities Franchise
    Iifl Franchise Vs Religare Securities Franchise
    Karvy Franchise Vs Religare Securities Franchise
    Kotak Securities Franchise Vs Religare Securities Franchise
    Motilal Oswal Franchise Vs Religare Securities Franchise
    Religare Securities Franchise Vs Aditya Birla Money Franchise
    Religare Securities Franchise Vs Anand Rathi Franchise
    Religare Securities Franchise Vs Bonanza Portfolio Franchise
    Religare Securities Franchise Vs Edelweiss Franchise
    Religare Securities Franchise Vs Indiabulls Ventures Franchise
    Religare Securities Franchise Vs Monarch Networth Franchise
    Religare Securities Franchise Vs Reliance Securities Franchise
    Religare Securities Franchise Vs Smc Global Franchise
    Religare Securities Franchise Vs Tradebulls Securities Franchise
    Religare Securities Franchise Vs Upstox Franchise
    Religare Securities Franchise Vs Ventura Securities Franchise
    Sbicap Securities Franchise Vs Religare Securities Franchise
    Sharekhan Franchise Vs Religare Securities Franchise
    Zerodha Franchise Vs Religare Securities Franchise

    Most Read Articles

    Axis Direct Sub Broker
    Bonanza Sub Broker
    Authorised Person
     IDBI Direct Sub Broker
    Arihant Capital Sub Broker
    Geojit Finance Sub Broker
    Swastika Investment Sub Broker 
    Profitmart Sub Broker
    Sub Broker
    SKI Capital Sub Broker
    Top 10 Broking Franchise