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.
|Top Business Model||Sub Broker|
|Revenue Sharing||50% – 70%|
|Security Deposit||Rs.70,000 – Rs.100,000|
|Become Sub Broker in||15 Days|
|Receive Payout in||33 Days|
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 Franchise Customer Ratings
|Revenue Sharing Model||3.60|
Compare Sub Broker Franchise
Types of Sharekhan Franchise
- Sharekhan Power Brokers or Sharekhan Sub Broker
- Sharekhan Remiseir
- Independent Financial Advisor (IFA)
Become a Sub Broker with Sharekhan – Just Fill up the form
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.
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.
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 commission model where they et certain part of revenue as commission.
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:
- Amount of Security Deposit
- 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%.
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Sharekhan Franchise Cost or Security Deposit Amount
Sharekhan 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.70,000.
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 70,000 to upto Rs.1 Lakh. The higher the initial investment amount higher is the revenue sharing.
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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.70,000
- 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
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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
Become a Sub Broker with Sharekhan – Just Fill up the form
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