Sharekhan Sub Broker / Franchise / Partner Review

Sharekhan Sub broker Program is known to be the largest sub broker franchise business in the country. They have more than 3500 sub brokers across the country & growing at a very fast rate.

Summary
Top Business Model Sub Broker
Revenue Sharing 60% – 70%
Security Deposit Rs.50,000 – Rs.100,000
Become Sub Broker in 15 Days
Receive Payout in 33 Days
Founder Shripal Morakhia
Established Year 2000

Here we will be discussing in detail regarding Sharekhan Sub brokership review & then we will do in-depth analysis of Sharekhan Sub Broker commission models, Sharekhan Partner Offers, Sharkhan Franchise cost or security deposit amount & other important features.


Sharekhan Sub Broker


Sharekhan Franchise Customer Ratings

Sharekhan Franchise
Experience 4.00
Services 3.80
Products 3.80
Trading Platforms 3.80
Support 3.40
Revenue Sharing Model 3.60
Security Deposit 3.50
Offers 4.00
Market Share 3.50
Overall 3.71

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Types of Sharekhan Franchise

Sharekhan has been in operation for decades; from all processes taking place in person with physical documents to the era of digitalization, the entity played its vital role and always stayed up top.

Soon after the incorporation and attaining a stable position in the market, the company started its sub-broker program to give an opportunity to new finance enthusiasts and become a part of the Sharekhan team.

To become Sharekhan Partner, you can take the following routes:

  • Sharekhan Power Brokers or Sharekhan Sub Broker
  • Sharekhan Remiseir
  • Independent Financial Advisor (IFA)

Become a Sub Broker with Sharekhan – Just Fill up the form

    Become a Sub Broker
    1. Become Sub Broker


    Sharekhan Power Brokers or Sharekhan Sub Broker

    Sharekhan Powerbroker is a setup is an actual sharekhan franchise setup. In this setup sharekhan provides all sorts of services to its client & make sure they deliver these services. The broking house Franchise program provides all forms of support to the sub broker to be able to grow their business multiple folds.

    Some benefits of this partner program of Sharekhan are:

    • Initial Business Development Support
    • Training
    • Advisory and robust trading platforms

    Sharekhan Remiseir

    Sharekhan Remiseir set-up is similar to any other remiseir business where the client act as an agent of the company. The objective of the remiseir is to acquire clients for sharekhan & get their revenue share.

    As a Remisier, you can earn by referring new clients who are interested in investing with Sharekhan.

    • The only task is to introduce clients to Sharekhan
    • No infrastructure requirements
    • Easy to do

    Sharekhan Independent Financial Advisor (IFA)

    Sharekhan IFA is a program where a Partner acts as a sub broker of sharekhan only for mutual fund distribution. They also work on a commission model where they certain part of the revenue as a commission.

    If you decide to become an independent financial advisor with Sharekhan, you get the following advantages:

    • Access to their latest technology and platforms
    • Marketing and research support
    • Web-based tools for servicing the clients

    Sharekhan Sub Broker Commission or Revenue Sharing Model

    Sharekhan Franchise program works on a flexible commission model. In this case the revenue sharing differs from client to client based on following grounds:

    1. Amount of Security Deposit
    2. Volume of Revenue Generation

    The Sub brokers revenue sharing ranges from 50% & goes to as high as 70%. If the franchise owner is depositing a higher security deposit then he/she can negotiate upto 70% commission or revenue cut.

    Again, if a Sharekhan partner is generating very good business then he/she can negotiate of revenue sharing upto 70%.

    Sharekhan Franchise Offers


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    Sharekhan Franchise Cost or Security Deposit Amount

    Sharekhan Sub BrokerSharekhan Security Deposit amount or initial investment amount, one can all any of the two. To become a sub broker of sharekhan one needs to deposit an initial investment amount of minimum Rs.50,000.

    This initial investment amount is completely refundable. This amount is refunded back to a partner once the goes out of sharekhan’s franchise system.

    Sharekhan Franchise cost or Sharekhan Franchise price ranges from INR 50,000 to upto Rs.1 Lakh. The higher the initial investment amount higher is the revenue sharing.


    Here are Security Deposit info of other Stock Broking Franchise

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    Aditya Birla Money Sub Broker Asit C Mehta Sub Broker Geojit Finance Sub Broker

    Sharekhan Sub Broker Offers

    Sharekhan being one of the largest broking franchise business offers great deal to its clients. Here is the list of offers provided by sharkhan:

    • Low initial Investment amount of Rs.50,000
    • Very High revenue sharing of upto 70%
    • Fast & online KYC process for sub broker clients
    • Free Demat account to sub broker clients
    • Zero Margin account opening for sub broker clients
    • Trading Platforms available for across devices & browsers
    • Allows investment in multiple asset classes

    Check out other companies Sub Broker Offers

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    Indiabulls Ventures Sub Broker Paytm Money Sub Broker SAMCO Securities Sub Broker
    JM Financial Sub Broker Reliance Securities Sub Broker SBICap Securities Sub Broker

    How to become Sub Broker of Sharekhan?

    Here is the process listed for becoming a sharekhan Sub Broker.

    1st Step – Fill the lead Form

    2nd Step – Call Centre executive with call back

    3rd Step – Post appointment fix, Sales representative will call

    4th Step – Sales representative will give all details & understanding of the franchise

    5th Step -Submission of required documents & security deposit cheque

    6th Step – Documents will be sent for verification

    7th Step – Post verification of documents, Account ID will be provided

    This entire process takes 3 to 5 days to complete.


    List of Documents needed for Sharekhan Franchise Registration

    • Degree Certificates for verification of Educational Qualification
    • DOB Verification – Must be 21 years plus
    • Cancelled Cheque or Bank Statement
    • 2 Photos
    • Rent Agreement of office premises
    • PAN Card
    • Aadhaar Card
    • Address Proof

    Why Partner with Sharekhan?

    Sharekhan is definitely one of the largest brand in stock market space. Let’s understand the reason behind Sharekhan’s success in Sub Brokership program.

    • Largest Brand in Stock Market & known to everyone
    • Full-fledged marketing support like flex, banners etc.
    • Award winning Advisory & Stock Recommendations
    • Regular Training sessions for Sub Brokers
    • Client Acquisition Support
    • Fast account opening process for clients
    • Free Demat Account Opening
    • Zero Margin amount for Client
    • Trading across platforms like Mobile, Desktop & Tablet
    • Flexible Commission Structure upto 70%
    • Low Initial Investment amount of Rs.75,000
    • High Exposure or limits to Clients

    Support provided by Sharekhan Partner Program

    • 24*7 Customer Support
    • Marketing Support across the board
    • Training Support related to stock market
    • Advisory & Stock Tips Support
    • Online Demat account opening support
    • Dealer Support
    • Relationship Manager Support

    Infrastructure Investment by Sharekhan Sub Brokers / Authorized Person

    Sharekhan Sub Broker program can do wonders for the candidates, but they have to take the first step and set up a working space from where all company operations can be executed.

    A decent office space with the necessary equipment and services that will facilitate you with the operation necessities is required to start a Sharekhan franchise.

    Further, the sub-broker will have to make an initial deposit of about Rs. 70,000 to Rs. 1,00,000. Also, with the office set-up cost, the amount might reach up to Rs. 2,00,000 in total.


    Sharekhan Franchise Eligibility Criteria

    Let’s check the eligibility of the individuals applying for the Sharekhan Franchise:

    • At the very basic, the individual shall be of at least 18 years.
    • The candidate willing to register themselves as a sub-broker will need registration with the stock exchange as a sub-broker.
    • Sharekhan required its applicants for the partner program to have a graduate degree.
    • Further, the aspiring candidate for Sharekhan Franchise shall also have experience in the financial market.

    Sharekhan Franchise – Pros & Cons

    Pros

    • Sharekhan is a reputed brand and does not require any introduction.
    • The revenue-sharing model allows the Sharekhan Partner to earn as high as 70% of the revenue.
    • The range of products and services in the Sharekhan channel is wide
    • Latest tools, technology, dedicated trading platform, and much more.

    Cons

    • The initial investment required with Sharekhan is relatively high compared to others.

    Sharekhan Franchise Registration

    In the era of technology and everything available online, people want that things sub-broker registrations should also be online. So, Sharekhan has developed an online lead form that allows the candidates to make the initial registration online itself.

    Once the registration is completed online, the representative of the company will call you and help in setting up your business and give you each and every bit of detail related to the Sharekhan Sub Broker Program.

    Thereafter, you just submit your documents, make the initial deposit and investment, and you are good to start.


    Earning the potential of a Sharekhan Partner / ROI

    The earnings of a Sharekhan Franchise depend upon the type of sub-broker program. Sharekhan itself offers a handsome revenue-sharing proportion to the franchise so that they have plenty of opportunities to earn and stay motivated.

    Sharekhan Business Partners can earn up to 70% of the share out of the revenue. The ratio is among the highest in the market.


    Sharekhan Franchise Referral Program

    Sharekhan has designed a referral program where the customers of the company, without any special registration or extra effort, can make more earnings.

    They just have to refer Sharekhan to their contacts through the link or other manner as prescribed on the trading platform. And once your referral opens an account with Sharekhan, you become entitled to a reward.


    Brokerage Charges were levied on the clients of Sharekhan Partners

    Sharekhan follows a creative means of levying the brokerage charges. Let’s discuss each aspect in brief:

    • For Equity Delivery, the charges are 0.30% of the market rate or a minimum of 10 paise per share
    • For Equity Intraday Trading, the entity levies 0.03% on the market rate or a minimum of 3 paise per share
    • On Equity – Options brokerage and Commodity – Options brokerage, Rs. 60 per lot is charged
    • For Currency – Options brokerage, the charges are Rs. 20 per lot
    • For Futures trading across Equity, Commodity & Currency, the brokerage is 0.03% per transaction value

    Sharekhan Authorised Person – Products Offered

    The product portfolio and offerings of Sharekhan are vast and include largely every security available in the Indian Market.

    As a Sharekhan Authorised Person, the individual gets to offer a wide range to the customers, and they can choose whatever security is ideal for them:

    • Equity Trading
    • Derivative Trading
    • Currency Trading
    • Mutual Fund & SIP
    • Bonds
    • IPO
    • Portfolio Management Services

    Also, with research and advisory tools, it’s a fulfilling sharebroker in the market.


    Sharekhan Franchise Conclusion

    Sharekhan has a set position among the top 10 stock brokers operating in India. Sharekhan’s efforts are taking it toward a more progressive and profitable path. They have access to the latest technological advancements, market research tools, advisory solutions, and much more.

    The company has a variety of offerings to cater to the requirements of its end customers and also customize the tools to suit them.

    With new offers and features for its sub-brokers, it keeps the excitement on top always. They offer a high revenue sharing percentage of up to 70% with the sub-brokers.


    Sharekhan Sub Broker or Partner Program FAQs

    Below is the list of FAQs that will help you understand more about the Sharekhan Franchise.

    What are the documents required for registration with Sharekhan Franchise?

    Following is the list of the documents you will be required to submit to start your Sharekhan franchise:

    Identity proof

    Address proof

    Registration certificate

    Experience certificates

    Academic qualification certificates

    Security deposit cheque

    Proof of investments

    Is Sharekhan Franchise Profitable?

    Yes, the Sharekhan Franchise is highly profitable. The program offers you uncountable avenues to earn and make good money for yourself along with the company.

    What is Sharekhan Franchise?

    Sharekhan Franchise is a sub-broker program launched by Sharekhan where individuals looking to set up a business in the stock broking sector can take on this career and make a living for themselves.

    How do I get a Sharekhan franchise?

    For starters, you can register yourself directly from the online website. In the lead form, you just have to provide the basic details about yourself, and the journey will commence.

    How can I become a sub-broker in Sharekhan?

    Sharekhan has developed a Sharekhan Franchise program where you can register online and become a sub-broker for Sharekhan. This way, you can set up your own business and work on your conditions.

    Are there multiple types of Sharekhan Franchise programs?

    Yes, Sharekhan offers multiple types of franchise models. You can choose from the following:

    Sub broker/Power Brokers

    Independent Financial Advisor

    Remisier

    What is the initial deposit for Sharekhan Franchise?

    The initial deposit required with Sharekhan Franchise range between Rs. 50,000 to Rs. 1,00,000.

    What is the revenue sharing of the Sharekhan Franchise?

    When you associate with Sharekhan Franchise, you share about 60%-70% of the revenue generated through your client map. This revenue sharing is among the highest proportions offered in the industry.

    What are the advantages of the Sharekhan Sub Broker Program?

    Sharekhan is a reputed, popular, and successful stock broking company. It has wide products and service range to offer to clients. Some of the best features of this entity for its sub-brokers are:

    Reputed Brand

    Latest Technology

    Ethical Business Practices

    Comprehensive Training

    Research and Marketing Support

    How many Sharekhan Business Partners are there currently?

    Presently, under the Sharekhan Franchise program, over 3000 partners are working. They operate from different parts of the country, offering financial solutions to the customers.


    Become a Sub Broker with Sharekhan – Just Fill up the form

      Become a Sub Broker
      1. Become Sub Broker


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      List of Top Sharekhan Partners / Business Partners

      Company List Remisiers Name Trade Name Remisiers Registration No.
      Sharekhan Ms. Monica C. Zaveri Monica C. Zaveri R/0748/02177/18/03/2004
      Sharekhan Ms. Rupa V. Shah Rupa V. Shah R/0748/02664/07/05/2004
      Sharekhan Ms. Manisha A Darji Manisha A Darji R/0748/02670/07/05/2004
      Sharekhan Ms. Mamta Garg Mamta Garg R/0748/03329/15/07/2004
      Sharekhan Ms. Prema Prabhakar Prema Prabhakar R/0748/03330/15/07/2004
      Sharekhan Ms. Dhrupal Nagarsheth Dhrupal Nagarsheth R/0748/04103/19/10/2004
      Sharekhan Ms. Hemlataben M. Desai Hemlataben M. Desai R/0748/04782/19/01/2005
      Sharekhan Ms.Sangita Sinolia Sangita Sinolia R/0748/05531/31/03/2005
      Sharekhan Tirlochan Kaur Tirlochan Kaur R/0748/07122/17/08/2005
      Sharekhan Parthasarathy Thiruvenkatasamy Parthasarathy Thiruvenkatasamy R/0748/07512/17/09/2005
      Sharekhan Onkarnath Khandelwal Onkarnath Khandelwal R/0748/07605/21/09/2005
      Sharekhan Jain Yuvraj Jawanmal Jain Yuvraj Jawanmal R/0748/08294/17/11/2005
      Sharekhan Gopakumar Pillai Gopakumar Pillai R/0748/08298/17/11/2005
      Sharekhan Venugopal D. Venugopal D. R/0748/08305/17/11/2005
      Sharekhan Jitendra Rindani Jitendra Rindani R/0748/08630/29/11/2005
      Sharekhan Ocean Fiscal Services Ocean Fiscal Services R/0748/08795/12/12/2005
      Sharekhan Anita Babu Iyer Anita Babu Iyer R/0748/09006/06/01/2006
      Sharekhan Sarla Jain Sarla Jain R/0748/09320/25/01/2006
      Sharekhan Alpha Associates Alpha Associates R/0748/09978/17/03/2006
      Sharekhan Ashok L. Gala Ashok L. Gala R/0748/10099/04/04/2006
      Sharekhan Vijay Kumar Vijay Kumar R/0748/10417/21/04/2006
      Sharekhan Kantilal K. Nahata Kantilal K. Nahata R/0748/10671/23/05/2006
      Sharekhan Thomas Mathew Thomas Mathew R/0748/11291/04/07/2006
      Sharekhan Joginderlal Arora Joginderlal Arora R/0748/11293/04/07/2006
      Sharekhan Patel P. Ambalal Patel P. Ambalal R/0748/11910/11/09/2006
      Sharekhan Jasmine J. Shroff Jasmine J. Shroff R/0748/11952/11/09/2006
      Sharekhan Shubhan Foods Shubhan Foods R/0748/11953/11/09/2006
      Sharekhan Shubhan Foods Shubhan Foods R/0748/11953/11/09/2006
      Sharekhan S. Iftikhar Ahmed S. Iftikhar Ahmed R/0748/12067/18/09/2006
      Sharekhan Vijaya S. Patil Vijaya S. Patil R/0748/12303/23/10/2006
      Sharekhan Sunita Somani Sunita Somani R/0748/12354/23/10/2006
      Sharekhan Professional Professional R/0748/12728/23/11/2006
      Sharekhan Rajesh Jain Rajesh Jain R/0748/12952/12/12/2006
      Sharekhan Rajesh Jain Rajesh Jain R/0748/12952/12/12/2006
      Sharekhan Amol L. Kamble Amol L. Kamble R/0748/12976/12/12/2006
      Sharekhan Chadalawada Anuradha Chadalawada Anuradha R/0748/13430/29/01/2007
      Sharekhan Kamalsingh S. Thakur Kamalsingh S. Thakur R/0748/13588/08/02/2007
      Sharekhan Jayesh Shah Jayesh Shah R/0748/13635/08/02/2007
      Sharekhan Santosh M. Phadke Santosh M. Phadke R/0748/13641/08/02/2007
      Sharekhan Malvika G. Vazalwar Malvika G. Vazalwar R/0748/13934/27/02/2007