Kotak Securities Sub Broker program is one of the foremost broking franchises to have business partnerships in form of sub-brokership.
|Top Business Model||Sub Broker|
|Revenue Sharing||50% – 70%|
|Security Deposit||Rs.20,000 – Rs.2,00,000|
|Become Sub Broker in||21 Days|
|Receive Payout in||35 Days|
It gauged the potential that retail outlets and local/communal merchants possess and to capitalize on the same, Kotak Securities launched sub-brokership programs.
Herein, one will get to read about Kotak Securities Franchise Review & also get an in-depth understanding of revenue models, the eligibility criteria for each partner program, the quantum of investment required, and other relevant aspects.
Kotak Securities Franchise Customer Ratings
|Kotak Securities Franchise|
|Revenue Sharing Model||3.40|
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Types of partnership models
Kotak Securities is one of the successful full-service financial services companies. It was established for decades and still holds a preferred status in the market. The company designed and implemented its sub-broker program in 2011, and ever since has associated thousands of sub-brokers with itself.
Under the Kotak Securities Partner Program, the individual can ignite this journey with three franchise models:
- Sub-broker model
- NetInvest Ace
- NetInvest Direct
Become a Sub Broker with Kotak Securities – Just Fill up the form
Kotak Securities Sub-broker model
This is a typical sub-broker business model wherein the person ties up with Kotak Securities. Kotak Securities will provide its brand tag and support to the sub-broker and in return, the sub-broker is required to increase the customer base and assist the existing customers with their investment/trading activities.
Kotak Securities NetInvest Ace model
This business model is brought out for the sub-brokers that wish to expand their customer offerings from mutual funds and IPOs to equities.
Kotak Securities NetInvest Direct model
This is an entirely different business model that Kotak Securities offers – under this model, the sub-broker is only required to increase the customer base.
It does not require the partner to assist the clients with their investing/trading activities, rather their scope is limited to connecting customers with the Kotak Securities network and thereafter it is the main broker that will take care of the customer.
The Netinvest Direct broker’s role ends at the point of connecting the customer with the Kotak network.
Kotak Securities Sub Broker Commission or Revenue Sharing Model
Kotak Securities offers a competitive revenue-sharing ratio i.e. more or less at par with the other major market players.
Though it has standardized revenue sharing ratios in actuality the ratios may be negotiable depending upon the terms of agreement with the sub-broker.
The typical revenue ratio varies from 30% to 50% but it may go up to 70% as well if the sub-broker has a very strong market command and fetches a large chunk of business.
The ratio that Kotak Securities offers is based on various parameters, some of which are listed below:
- Experience of the sub-broker;
- Networking skills;
- Security deposit offered;
- Trade volume generated;
- Existing client base; etc.
As mentioned above, the sharing ratio may differ depending on the case to case.
For each individual case, Kotak Securities would assess the above-mentioned criteria and other relevant criteria and then offer a revenue-sharing ratio such that it results in a win-win situation for both sides of the arrangement.
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Kotak Securities Initial investment/ Franchise Cost or Security Deposit Amount
Kotak Securities, while appointing sub-brokers, ensures that the candidate is capable enough of setting up a decent front office with workstations and trading terminals.
Apart from this, it requires the candidate to deposit a security amount ranging from 20k to 2 Lac. This amount is refundable provided there are no dues of the sub-broker. Thus, this deposit is only as insurance towards the default risk that the sub-broker may pass on to Kotak Securities.
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Kotak Securities Sub Broker Offers
Since Kotak Securities recognizes the business potential that this model carries, it floats a variety of offers for its sub-brokers. Some of these are listed below:
- Negotiable revenue sharing ratio;
- Performance awards & rewards;
- Flexible deposit policy;
- Technology support;
- Lucrative offers to attract customer base;
- Free Demat account for the client;
- Discounts on brokerage charges (depending upon performance)
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How to become Sub Broker with Kotak Securities?
One needs to adopt a very plain and simple process for registering with Kotak Securities. To begin with, the candidate needs to visit the website. The next steps are:
1st Step – Fill up the applicable and relevant form on the website. Ensure that correct details are provided.
2nd Step – Kotak Securities’ executive will connect over call for verification of details
3rd Step – Fix up an appointment with the Kotak Securities Team (the Kotak team would connect for the same)
4th Step – Exchanging the business ideas over the table and understanding what is expected by both parties
5th Step – Furnishing all the requisite documents and making necessary payments
6th Step –Verification of documents
7th Step – Receiving Account ID and activation of the same
The process takes 2 to 7 days depending upon the turnaround from the candidate.
Documents Required for associating with Kotak Securities –
- Academic certificates and mark sheets;
- Identity proof;
- PAN Card
- Aadhaar Card
- Date of birth proof;
- Address proof;
- Passport-size photographs;
- Canceled cheque or Bank statement
- Office space set-up verification;
Why partner with Kotak Securities?
A few pros of associating with Kotak Securities are listed below:
- A pioneer in Stock Broking;
- Well reputed Broking Company of the nation;
- Multiple asset classes are offered;
- Excellent trading platforms;
- Advanced Technology;
- Attractive revenue sharing mode;
- Low initial investment;
- Negotiable initial investment;
- Easy & quick procedure
- Launches attractive offers for customers;
Support provided by Kotak Securities Partner Program
- Marketing Support
- Client acquisition support
- Technology Support
- Educating on the technical skills of investing/trading
- 24*7 Customer Support
Infrastructure Investment by Kotak Securities Sub Brokers / Authorized Person
Only in the Franchise model of Kotak Securities is a person required to maintain and manage an office place. There is no specific dimensional information given at the forefront.
The sub-broker shall require a functional office to operate from. Certain other basic amenities like computers, internet connection, and employees will support the franchise in working and maintaining the reputation of Kotak Securities in customers’ eyes.
Kotak Securities Franchise Eligibility Criteria
Before deciding on the type of franchise model you want to pick for yourself, you shall take a look at the eligibility parameters set by the company. This way, you will start under the program which suits best to you.
- Franchise Model: If you desire to open a franchise with Kotak Securities, you must be at least a high school graduate. Also, the experience minimum of three years in the stockbroking business is demanded by the company.
Apart from that, every franchiser is required to have a National Institute of Securities Markets (NISM) certificate to start their franchise. Lastly, the sub-broker will have to register themselves in that capacity with SEBI and the local stock exchange.
- Coordinator: To become a coordinator, the process is comparatively easier than a franchise. You need no office space or no initial deposit. Your knowledge, experience, and skills in connecting more and more people will be your identity card with the entity.
Kotak Securities Franchise – Pros & Cons
We will not suggest you take on an important and somewhat life-changing based on assumptions. Therefore, now we will take you through some of the best features of the Kotak Securities Partner Program, along with a briefing on some of its drawbacks and limitations.
- Kotak Securities stands tall as a popular brand in the market, and its caters to every type of financial demand, from banking and loan services to financial security products.
- The company has designed a multiple franchise model, which offers flexibility and the opportunity to choose.
- The revenue-sharing ratios between the sub-broker and Kotak Securities are high and beneficial for a sub-broker.
- In the journey, the company offers you access to its online trading platforms and tools, which are formed solely for convenience and effective operations.
- The products and services of the company are extensive and offer a full range of securities.
- Kotak Securities is a premium finance company and requires a substantially high initial investment from the sub-brokers.
- Brokerage Charges, in some cases, are high for the customers.
Kotak Securities Franchise Registration
The registration process is fairly simple. You can start as a Kotak Securities Sub Broker by registering yourself online on the Kotak Securities website. You will have to comply with the easy and effortless process steps, and within a few days, you will become a Kotak Securities Partner.
Once your register online through the online application form, the representative of the company will approach you and help you with full support in comprehensive business development and act as a Kotak Securities Franchise.
You can register in either of the three modes of partner programs, namely, the Franchise model, the Coordinator Model, and the employee-to-entrepreneur model.
Earning the potential of a Kotak Securities Partner / ROI
Kotak Securities has led down multiple franchise models, and under every model, the earning sources and proportions are different. The revenue sharing of Kotak Securities Partners is dynamic and progresses as per the candidate’s capability, client base, etc.
In a time where other stock broking companies are paying just 30%-40% of their revenue with their hard-working franchises, Kotak Securities Business Partner enjoys revenue sharing of 50%-70% with the company.
The company appreciates the consistent hard work and efforts of its sub-brokers and is happy to share a major portion of the revenue with them.
Kotak Securities Franchise Referral Program
Generally, the referral programs are limited till the account opening only, but with Kotak Securities Authorised Person, you can be benefited for about two years through your referral.
The entity has created a creative referral program called REFER AND EARN, where the customers can refer to their contact, family, friends, or other people and produce an extra source of income.
All you have to do is refer Kotak Securities to your contact through a link or the prescribed mode; once your referral opens the account successfully, you will receive a sum of Rs. 250.
Further, when your referred clients make their first trade within the first 30 days of joining worth Rs. 5000 or more, you will receive another Rs. 250.
The offer does not just end here; you also get 10% of the brokerage charges on the trades of your referral for the first two years.
So, start referring now and earn more. (Referrals have a cap of 3 in a month)
Brokerage Charges were levied on the clients of Kotak Securities Partners
Kotak Securities promises to offer the lowest brokerage charges in India. Let’s see how many parameters it stands by its words.
The most impressive features of Kotak Securities Brokerage charges under the Zero Brokerage Plan are:
- Zero Charges for Delivery Trades
- Zero Charges for Intraday and F&O Trades
- Zero Charges for IPO and Mutual Funds
To take on this plan, the investor will need to pay a flat fee of Rs. 299 in the form of Subscription fees.
Kotak Securities Partners can explain these attractive features of the entity and work for their benefit.
Kotak Securities Authorised Person – Products Offered
Kotak Securities calls itself the Supermarket of Finance as it has such a wide variety of products to offer on trading platforms and through its Kotak Securities Partner. One can trade in multiple types of financial securities in one place. You can deal in products like:
- Futures & Options
- Mutual Funds & ETFs
- Currency & Commodity
- Global Investing
Kotak Securities Franchise Conclusion
Kotak Securities Franchise has emerged as a popular and successful brand in the market. They offer a variety of franchise models, and all these models come with loads of benefitting features for the sub-brokers. The entity is among the premium entities, and its operations are widely spread.
The company comes up with innovative solutions for modern-day investors to give them the freedom to invest as they want and wherever they want.
Kotak Securities has numerous products and appealing features on its trading platforms and tools for continuous guidance for its customers.
Every type of investor and trader feels satisfied and valuable with Kotak Securities.
Kotak Securities Sub Broker or Partner Program FAQs
Here is the list of FAQs related to the Kotak Securities Franchise:
Does Kotak Securities have a Referral Program?
Yes, Kotak Securities offers the feature of a referral program to customers. They can refer to their family and friends and earn up to Rs. 500.
How many sub-brokers programs are there at Kotak Securities?
There are broadly three types of sub-broker programs of Kotak Securities – the Franchise Model, the Coordinator Model, and the Employee-to-Entrepreneur model.
What is the revenue-sharing model under Kotak Securities Franchise?
As a Kotak Securities Franchise, the sub-broker can earn up to 50%-70% of the revenue made through your client channel.
What costs are associated with owning a Kotak Securities Franchise?
Kotak Franchise costs vary from plan to plan. If you opt for the franchise model, you will require to make an initial investment along with setting up the necessary infrastructure, and a security deposit of Rs. 3,00,000 will be required.
As a Coordinator, the initial costs and investment differ from the franchise model.
How much money does Kotak Securities payout?
Kotak Securities follow the industry regulations regarding payouts. The company processes the initial set-up procedure expeditiously so that the sub-broker can begin its operations at the earliest.
What are the responsibilities of a Kotak Securities Sub-broker?
The sub-brokers of Kotak Securities are expected to underpin the operations and objectives of the company and spread the name of the entity in different sections of the country.
They associate new individuals with the entity in the form of customers who can invest and trade in securities.
Can Kotak Securities be opened online?
Yes, interested parties can apply for becoming a Kotak Securities Partner Online through the website.
The website provides an application form from where the entire process of registration and setting up commences.
What is the role of the sub-broker in the Employee-to-entrepreneur model of Kotak Securities?
Individuals having a year of experience in the financial market can start under this model. They operate as a link between the clients and Kotak Securities. No special infrastructure of office space is required to start under this model.
Why partner with Kotak Securities Franchise?
Kotak Securities itself is famous for its services across the country. They have a variety of products to offer to their sub-brokers and direct customers.
Kotak Securities Franchise allows progressive revenue sharing to the sub-brokers. They can earn a higher income with the entity. They provide full support and training to individuals and offer interesting tools.
What is the educational qualification of a Kotak Securities Franchise owner?
Anyone who has cleared the higher secondary exam can come with Kotak Securities and start as a sub-broker.
Additionally, they expect the certification of the National Institute of Securities Markets (NISM) from their sub-broker.
Become a Sub Broker with Kotak Securities – Just Fill up the form
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List of Top Kotak Securities Partners / Business Partners
|Company List||Remisiers Name||Trade Name||Remisiers Registration No.|
|Kotak Securities||VIKRAMSINGH BHARADWAJ||VIKRAMSINGH BHARADWAJ||AP0106730100324|
|Kotak Securities||ANIL KUMAR LADHA||SHREE RUDRA FINANCE CONSULTANT||AP0106730100319|
|Kotak Securities||ARTHYOG CONSULTANTS AND SECURITIES PVT. LTD.||ARTHYOG CONSULTANTS AND SECURITIES PVT. LTD.||AP0106730100461|
|Kotak Securities||KALPESH KALIDAS PATEL||KALPESH KALIDAS PATEL||AP0106730100330|
|Kotak Securities||DHEERAJ KUMAR||DHEERAJ KUMAR||AP0106730100327|
|Kotak Securities||VENUGOPAL REDDY CHIDURUPPA||VENUGOPAL REDDY CHIDURUPPA||AP0106730100336|
|Kotak Securities||CHIRANJEEVI NARRA||CHIRANJEEVI NARRA||AP0106730100332|
|Kotak Securities||BHARATI S NAGDA||BHARATI S NAGDA||AP01067301111280|
|Kotak Securities||BIBHUTI BHUSHAN TIWARY||BIBHUTI BHUSHAN TIWARY||AP01067301111391|
|Kotak Securities||PUJA SANJAY SAXENA||PUJA SANJAY SAXENA||AP01067301111344|
|Kotak Securities||GOENKA INVESTMENT ADVISORY PVT LTD||GOENKA INVESTMENT ADVISORY PVT LTD||AP01067301111407|
|Kotak Securities||HARSHIT SADANI||HARSHIT SADANI||AP01067301111331|
|Kotak Securities||KUNJ MRUNAL SHAH||KUNJ MRUNAL SHAH||AP01067301111399|
|Kotak Securities||SUPRIYA SAHOO||SUPRIYA SAHOO||AP01067301111396|
|Kotak Securities||UPENDRA KUMAR SINGH||UPENDRA KUMAR SINGH||AP01067301111416|
|Kotak Securities||GANGA S BHAT||GANGA S BHAT||AP01067301111437|
|Kotak Securities||ALOK KUMAR||ALOK KUMAR||AP01067301111430|
|Kotak Securities||NITIN GOKULRAO CHINTAMANI||NITIN GOKULRAO CHINTAMANI||AP01067301111453|
|Kotak Securities||PALLAVI SAHU||PALLAVI SAHU||AP01067301111443|
|Kotak Securities||MANINDER PAL SINGH||MANINDER PAL SINGH||AP01067301111452|
|Kotak Securities||GUBBALA SRINIVASA RAO||GUBBALA SRINIVASA RAO||AP01067301111461|
|Kotak Securities||VISHAL SINGH||VISHAL SINGH||AP01067301111465|
|Kotak Securities||SAMEER HARESH DHABALIYA||SAMEER HARESH DHABALIYA||AP01067301111481|
|Kotak Securities||SANDIPA VERMA||SANDIPA VERMA||AP01067301111482|
|Kotak Securities||RAJAT GHOSH||R G CAPITAL AND INVESTMENT||AP01067301111547|
|Kotak Securities||ASHISH CHAUHAN||ASHISH CHAUHAN||AP01067301111533|
|Kotak Securities||SAMIR RANJAN||SAMIR RANJAN||AP01067301111565|
|Kotak Securities||MARY ANTONY||MARY ANTONY||AP01067301111559|
|Kotak Securities||RAJENDRA P VADANGEKAR||RAJENDRA P VADANGEKAR||AP01067301111591|