Alankit Assignments Sub broker program has thousands of clients who have entrusted their investments. The company is one of the best investment trading platforms in Delhi.
Here in this article, we will give you the review of Alankit assignments franchise and analysis of their sub-broker offers, security deposit requirements and revenue sharing models.
Alankit Assignments Sub Broker – Customer Ratings
|Revenue Sharing Model||2.4/5|
Alankit assignments franchise have received a customer experience rating of 2.4. This is on the above average performance in sub-broking services. The products and services, the usability of the trading platform are rated average by the customers.
The overall rating of the company is 3 stars which makes it slightly above average in terms of franchise customer ratings.
Become a Sub Broker with Alankit Assignments – Just Fill up the form
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About Alankit Assignments Franchise
Below table will provide overview of Alankit Assignments Franchise:
|Broker type||Full Service Broker|
|Headquarters||New Delhi, Delhi|
|Founder||Alok Kumar Agarwal|
|SB Code Activation Time||26 Days|
|Payout Time||33 Days|
Alankit assignments is a private brokerage firm whose headquarter is in New Delhi. Alok Kumar Agarwal had founded the company; It is a full-service firm established in 1993. The company’s business has grown multifold with the help of its partners and dedication to hard work.
The company is a member of NSE and has been stock brokering since its inception. The company has catered to the different asset classes available in the major stock exchanges.
The franchise SB code activation time is 26 days and the payout time is 33 days.
Alankit Assignments Sub Broker – Business Models
Alankit assignments have presence only in sub broker business. It does not have business in Master Franchise services.
- Sub broker model
Alankit Assignments Sub Broker Model:
Alankit Assignments sub-broker business model is one of the most followed business models in the industry. Under this model, Alankit assignments provide offers to multiple sub-brokers to operate under the same name.
This model enables the company to increase scale without having to invest a lot of money on infrastructure or human resources.
This also allows the sub-brokers to leverage the brand name of Alankit assignments to attract customers mainly when they are new to the industry. They will then pay a royalty to Alankit assignments for the use of the brand name.
Alankit Assignments Sub Broker Commission / Revenue Sharing
Below tables represents Alankit Assignments Franchise Revenue Sharing:
|Sub Broker||55% – 75%|
The Alankit Assignments franchise commission or revenue sharing arrangement depends on the amount of franchise cost or the security deposit of the sub-brokers.
The sub-broker will get a revenue share of 55% – 75%. Alankit assignments franchise revenue sharing depends on several factors such as security deposit, sub-broker experience, monthly revenue generation, etc.
Alankit assignments have excellent franchise revenue sharing models for their sub-broking clients.
The more the number of customers and revenue generation potential of the sub-broker, the more he will get in the share of the revenues. Talented sub-brokers can negotiate with Alankit assignments for a better deal also.
Alankit Assignments Franchise Cost / Security Deposit
Below tables provides details about Alankit Assignments Sub Broker Initial Deposit:
|Sub Broker||Rs.50,000 – Rs.150,000|
The security deposit required for becoming a sub-broker with Alankit assignments is Rs 50,000 to Rs 1,50,000. Alankit Assignments sub-broker security deposit is required if you want to take franchise ownership of Alankit assignments.
You have to keep this amount as a security deposit to start and work on the share broking business under Alankit assignments name. Alankit assignments franchise cost is lower than that of other brokerage services.
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Alankit Assignments Partner Infrastructure Requirement
Find table for better info on Alankit Assignments Franchise requirements:
|Office Area||Minimum 100 Sq Ft|
|Employee Strength||Minimum 1|
Sub brokers are expected to make investments in the infrastructure. The main infrastructure is the workplace in which the sub broker meets the clients.
The basic infrastructure requirements are
- Office with minimum 100 sq. ft area
- Minimum 1 employee
Alankit Assignments sub-broker infrastructure requirements mandate that the office should be located in a decent locality that is covered with internet connectivity, telephone lines, and sufficient workstations.
Alankit assignments franchise mandatory requirements need to be fulfilled for obtaining licenses. The amount required for infrastructure is less for sub-brokers compared to that of master brokers. They can invest a little amount of money and can start their business efficiently.
The office area should be a minimum of 100 sq. Ft. There should be trading terminals present in the office. The main factors that influence the infrastructure cost are the locality, city of residence, client size, etc.
Alankit Assignments Sub Broker Offers
Get details about Alankit Assignments Franchise Offers:
|10k Initial Deposit||No|
|Flexible Revenue Sharing||Yes|
|Flat Revenue Sharing||No|
|Zero Revenue Sharing with Prepaid||No|
Alankit Assignments sub broker offers also include flexible revenue sharing arrangements. If the sub-broker proves that he is capable of bringing in more business, then he will get a larger share of the revenues.
Alankit assignments franchise offers is an attractive proposition for the sub-brokers.
- Flexible revenue sharing options
Alankit Assignments Franchise Support
Below tables provides details on Alankit Assignments Authorised person support:
The following support is provided by Alankit assignments Franchise:
- Marketing support like banners, flex posters, visiting cards etc.
- 24 X 7 back office support
- Training support related to trading
- Stock market advisory and recommendation support
These support services help the sub-broker to focus on the main business and not on the ancillary activities. This enables the sub-broker to earn more money quickly utilizing their time effectively.
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Alankit Assignments Authorised Person – Brokerage Charges to Clients
Find below tables for more details on Brokerage Charges levied by Alankit Assignments to its sub broker clients:
|Brokerage Charges to Clients|
|Equity Delivery||0.20% – 0.50%|
|Equity Intraday||0.02% – 0.05%|
|Equity Futures||0.02% – 0.05%|
|Equity Options||Rs.75 per lot|
|Currency Futures||0.02% – 0.05%|
|Currency Options||Rs.30 per lot|
|Commodity||0.02% – 0.05%|
Find below the table of Alankit assignments brokerage charges provided to clients:
- The charges for Equity Delivery is 0.20% – 0.50%.
- Equity Intraday services charges are 0.02% – 0.05%.
- Charges for Equity Futures is 0.02% – 0.05%.
- The charges for Equity Options is Rs.75 per lot.
- Currency Futures charges are 0.02% – 0.05%.
- The charges for Currency Options is Rs.30 per lot.
- Charges for Commodity trading services is 0.02% – 0.05%.
Alankit Assignments Partner – Account Opening Charges to Clients
Interesting tables about Account Opening Charges levied by Alankit Assignments Franchise clients:
|Account Opening Charges to Clients|
|Account Opening Charges||Rs.500|
|Margin Money||Rs.20,000 Minimum|
Find below Alankit assignments account opening charges to clients
- The charges to open Demat AMC is Rs.250
- Trading AMC charges to open Trading account is Free
- The charges to open savings Account Opening Charges 500
- Transaction Charges is 0.00325%
- Margin Money is Rs.20,000 Minimum
Benefits of Alankit Assignments Partner Program
The following are the benefits of Alankit assignments
- Well known brand in the industry
- Flexible revenue sharing model is an attractive proposition
- Account opening process is hassle free and done quickly
- Extensive marketing and training support provided by the company
- Friendly staff helps in setting up the sub-broker services without any hassles
Become a Sub Broker with Alankit Assignments – Just Fill up the form
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