Prabhudas Lilladher Sub Broker / Franchise / Partner Review

Prabhudas Lilladher Sub Broker program is renowned for its low profile but high delivery solutions. Lets have a detailed review of Prabhudas Lilladher Franchise Review along with in-depth understanding of Prabhudas Lilladher Sub Broker Offers, Prabhudas Lilladher Franchise Business Model, Prabhudas Lilladher Partner Initial Investment requirement & other features.

Summary
Top Business Model Sub Broker
Revenue Sharing 65% – 75%
Security Deposit Rs.50,000 – Rs.150,000
Become Sub Broker in 30 Days
Receive Payout in 21 days
Founder Arun Prabhudas Sheth
Established Year 1983

Prabhudas Lilladher is one of the most old broking house and with the most experience and high profile management team. They have the top class members in their research team which makes it one of the most starred distinguished broker.

They even have great connects with a numerous listed business firms making them all the more elite.


Prabhudas Lilladher Franchise Offers


Prabhudas Lilladher Franchise Customer Ratings

Prabhudas Lilladher Franchise
Experience 2.80
Services 2.90
Products 3.10
Trading Platforms 2.60
Support 2.50
Revenue Sharing Model 3.20
Security Deposit 3.00
Offers 2.00
Market Share 1.80
Overall 2.66

Compare Sub Broker Franchise

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Type of Prabhudas Lilladher Franchise

  • Sitting sub-broker
  • Remiser
  • Introducer

Become a Sub Broker with Prabhudas Lilladher – Just Fill up the form

    Become a Sub Broker
    1. Become Sub Broker


    Sitting Sub Broker

    This is a typical sub-broker or franchise model. Herein, the sub-broker is required to set up his/her own office and trading place and take the relevant infrastructure to set up trading platform.

    The sub-broker will be responsible for identifying potential customers, pitching in for them, converting leads into customers and then encouraging them to associate with various product lines.

    Upon client acquisition, the sub-broker is required to be in constant touch with the customers so as to understand their trading/investing needs and undertaking trades for them.

    Remisier

    The remiser is a similar version of sub-broker with certain less functions and roles. The remiser is required to pitch in the potential client and then convert them to customer. Herein the reimser need not have any office set up etc. as all these support and facilities are provided by Prabhudas Lilladher.

    Upon conversion of the lead, the trade actions are all carried out by the main broker itself. The remiser also works for the entire product profile of Prabhudas Lilladher and is not restricted to any one product/service.

    Introducer

    As the name suggests, this model only requires the candidate to pitch in for new clients and introduce them to the firm. Their role ends there. Thereafter, it is upon the firm to convert the lead into actual customers.


    Prabhudas Lilladher Sub Broker Commission or Revenue Sharing Model

    Prabhudas Lilladher Sub BrokerFor a sitting broker, Prabhudas Lilladher offers a revenue sharing ratio of as high as 70:30. The ratio is certainly negotiable and can even increase upto 80% if the sub broker is fetching outstanding business performance.

    For a reimser, the ratio is somewhere from 20% to 30% with an average of 25%. Considering the role a remiser plays, this ratio appears to be very much justified.

    The next model, i.e. the introducer, gets a ratio of 50% on the account opening. This again is in line with the industry benchmark for this kind of a model.


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    Prabhudas Lilladher Franchise Cost or Security Deposit Amount

    On investment front, Prabhudas Lilladher calls for a decent office set up with sufficient workstations to execute trade orders on behalf of the clients. Apart from this, there is a deposit amount of INR 1 lack which one needs to deposit with the mian-broker at the beginning of the agreement.

    The deposit is refundable and is returned upon termination of the agreement. For a remiser and an introducer there are no investments or deposits specified, however, they may charge some nominal amount as a deposit depending upon the case.


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    Prabhudas Lilladher Sub Broker Offers

    For attracting the sub-brokers, Prabhudas Lilladher keep launching new offers. Some of these are:

    • Attractive revenue model;
    • Lesser investment cost;
    • No deposits;
    • Attractive brokerage plans for customers;
    • Free DEMAT accounts;

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    How to become Sub Broker of Prabhudas Lilladher?

    Here is a simple procedure to become a sub-broker with Prabhudas Lilladher:

    1st Step – Fill in the lead form available here

    2nd Step – Our representative will call you to verify the details and confirm your interest in sub-brokership

    3rd Step –Sales executive of Prabhudas Lilladher will call up and fix up an Appointment

    4th Step – A personal meeting to discuss the terms and conditions, the revenue ratio, the infrastructure, the deposit, the break even period etc. and other necessary details

    5th Step – Submit the documents called for and the necessary payments

    6th Step – Documents verification by Prabhudas Lilladher and confirmation of the agreement

    7th Step – Activation of account

    This may take up 5-15 working days depending upon case to case.

    Documents Required for Prabhudas Lilladher sub-broker registration –

    • ID Proof
    • DOB proof
    • Address proof
    • Academic Certificate
    • Cancelled cheque or Bank statement
    • Registration certificate with SEBI/Stock exchnage
    • Passport size photos
    • Infrastructure proof
    • PAN Card
    • Aadhaar Card

    Why Partner with Prabhudas Lilladher?

    The highlights of associating with Prabhudas Lilladher are:

    • An experienced broking house
    • Elite class members
    • Association with all major business firms and organisation
    • Strong repute in market
    • High revenue ratio
    • Excellent trading platforms
    • Large product profile

    Support provided by Prabhudas Lilladher Partner Program

    • Products Marketing Training
    • Trading platforms Training
    • Training on research and advisory
    • Assistance in obtaining registration certificate from stock exchanges
    • Access to research repository
    • Customer care support

    Become a Sub Broker with Prabhudas Lilladher – Just Fill up the form

      Become a Sub Broker
      1. Become Sub Broker


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      List of Top Prabhudas Lilladher Partners / Business Partners

      Company List Remisiers Name Trade Name Remisiers Registration No.
      Prabhudas Lilladher Aishwarya Sachin Gandhi Aishwarya Sachin Gandhi R/0564/31595/07/09/2009
      Prabhudas Lilladher Amit Shah Amit Shah R/0564/06681/16/07/2005
      Prabhudas Lilladher Anant Financial Securities Anant Financial Securities R/0564/13095/15/12/2006
      Prabhudas Lilladher Anju Tewari Anju Tewari R/0564/38392/06/09/2010
      Prabhudas Lilladher Ashish Harish Shah Ashish Harish Shah R/0564/32417/09/10/2009
      Prabhudas Lilladher Bharati M. Dalal Ace Information & Management Systems R/0564/00042/27/03/1998
      Prabhudas Lilladher Bharti K Mehta Bharti K Mehta R/0564/31252/25/08/2009
      Prabhudas Lilladher Chandresh Mahesh Nagda Chandresh Mahesh Nagda R/0564/15320/11/06/2007
      Prabhudas Lilladher Chitrang D. Zaveri Chitrang D. Zaveri R/0564/07564/21/09/2005
      Prabhudas Lilladher Crest Financial Services Crest Financial Services R/0564/20035/15/02/2008
      Prabhudas Lilladher Deepak Shah Deepak Shah R/0564/31251/25/08/2009
      Prabhudas Lilladher Deepika M. Shah Deepika M. Shah R/0564/00049/22/05/1998
      Prabhudas Lilladher Dipankar Das Dipankar Das R/0564/37058/28/05/2010
      Prabhudas Lilladher Dolphin Securities Dolphin Securities R/0564/08214/08/11/2005
      Prabhudas Lilladher Durga Securities & Investments Durga Securities & Investments R/0564/17103/09/10/2007
      Prabhudas Lilladher Gaurav Modi Gaurav Modi R/0564/32094/25/09/2009
      Prabhudas Lilladher Girish G. Khandelwal Girish G. Khandelwal R/0564/10954/12/06/2006
      Prabhudas Lilladher Hansa Kishore Vora Hansa Kishore Vora R/0564/00072/01/07/1998
      Prabhudas Lilladher Harpal Singh Harpal Singh R/0564/38339/25/08/2010
      Prabhudas Lilladher Heena Kishore Kapadia Heena Kishore Kapadia R/0564/07453/17/09/2005
      Prabhudas Lilladher J Jayaramkumar J Jayaramkumar R/0564/07985/15/10/2005
      Prabhudas Lilladher Jain Finance Jain Finance R/0564/37291/11/06/2010
      Prabhudas Lilladher Jigar Thakorbhai Patel Jigar Thakorbhai Patel R/0564/14687/23/04/2007
      Prabhudas Lilladher Jiten Hasmukh Shah Jiten Hasmukh Shah R/0564/07294/03/09/2005
      Prabhudas Lilladher Kalpeshkumar J Jani Kalpeshkumar J Jani R/0564/31981/18/09/2009