Asit C Mehta Sub Broker Program is a well known broking franchise in the country. The broking house along with its sub brokers has served more than 10,000 investors, dealing with them on a regular basis and has been successful in becoming one of the best sub-brokers situated in Mumbai.
In the following article, we will go through all the details of about Asit C Mehta Franchise. This article covers all of the offers, brokerage charges, benefits, and such other programs that are enclosed by Asit C Mehta.
Asit C Mehta Sub Broker – Customer Rating
Below are the Customer Ratings:
|Revenue Sharing Model||3.1/5|
The company serves as one of the most reliable share broking company that one could find in the vicinity of Mumbai. The Customer Rating of Asit C Mehta Sub Broker is on a bar more than average.
It provides excellent customer services, experience, security deposit, support, revenue sharing model and taking all these in overall consideration, the average rating of the company is around 3 points out of 5 which is good.
Become a Sub Broker with Asit C Mehta – Just Fill up the form
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About Asit C Mehta Sub Broker Franchise
|Broker type||Full Service Broker|
|Founder||Asit C Mehta|
|SB Code Activation Time||28 Days|
|Payout Time||45 Days|
Asit C Mehta Sub Broker is a public company which provides full brokerage service to all its customers. It was founded and established by Asit C Mehta in the year 1986 and has it’s headquarter in Mumbai, Maharashtra.
The Sub Broker activation time for Asit C Mehta Sub Broker is 28 days and the payout time does not delay more than 45 days.
Asit C Mehta Sub Broker – Business Models
There are two types of Franchise available for Asit C Mehta Sub-brokers:
- Sub Broker
Asit C Mehta Sub Broker / Authorised Person Model
It is a business where Asit C Mehta provides other multiple sub-brokers its franchise and allows them to work under the company name.
This model provides for monopoly business which means that more than one sub-broker which belong to the same company can run the work in the same place.
Asit C Mehta Remisier / Partner Model
The Remisier of Asit C Mehta Sub Broker is actually an agent that provides good leads to the broker party and the agent gets some percentage of from the revenue once the leads are converted.
Asit C Mehta Sub Broker Commission or Revenue Sharing
Below Tables provides details about Asit C Mehta Franchise Commission:
|Sub Broker||60% – 75%|
|Remisier||10% – 25%|
Asit C Mehta is considered as one of the best broker franchise in Mumbai and hence it provides its sub brokers with valid and accurate Revenue Sharing agendas. The revenue sharing of the sub-brokers of Asit C Mehta is based on the amount of:
- Security deposit of the Sub-brokers
- Revenue genration
The commission for the sub-brokers working under Asit C Mehta has their charges ranging from 60% to 75%, depending on the amount of security deposit which was kept with the company.
That for the Remisier who are working for and under Asit C Mehta, they have the commission starting from 10% of the leads provided by them and the commission can go up to 25% depending on the leads that they provide and how they are converted.
Asit C Mehta Franchise Cost / Security Deposit
Find table to know about Asit C Mehta Sub Broker Security Deposit:
|Sub Broker||Rs.50,000 – Rs.200,000|
|Remisier||Rs.10,000 – Rs.30,000|
The Security Deposit or Franchise Cost that you need to preserve for gaining ownership or sub-brokership of Asit C Mehta is deliberated below.
For the Sub-broker business model, you will need to invest at least Rs. 50,000 and you can go as high as Rs. 200,000. Note that this initial business investment is fully refundable and will be returned back to you, once you decide to dissolve the business.
As for the Remisier model, one needs to provide a minimum of Rs. 10,000 to become a partner with Asit C Mehta Sub brokers. The maximum bar is set up to Rs. 30,000.
These amounts have to be kept as security deposit under Asit C Mehta and you will be required to carry on business of share broking under the company’s name.
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Asit C Mehta Partner Infrastructure Requirement
Below tables gives good understanding of Asit C Mehta Partner Requirements:
|Office Area||Minimum 150 Sq Ft|
|Employee Strength||Minimum 2|
The requirements of Infrastructure you need to have in order to become a partner of Asit C Mehta are mentioned in detail below:
- You should have at least 150 sq. Feet office area to work in.
- You must have minimum 2 employees working under your firm.
- You should have positive environment which allows research services with a good and smooth working internet facility.
- The Telephone lines should be clear and well maintained in order to work with the firm and lastly, there should be provision of trading terminals.
These are the most basic and important rules for starting work with any company and hence we here at Asit C Mehta are expecting the same basic fulfilments from you.
Asit C Mehta Sub broker Offers
Various Offers of Asit C Mehta Franchise are listed below:
|10k Initial Deposit||Yes|
|Flexible Revenue Sharing||Yes|
|Flat Revenue Sharing||No|
|Zero Revenue Sharing with Prepaid||No|
We here at Asit C Mehta brokers, provide the sub-brokers with the best offers so that no one feels de-motivated or left behind in any manner. Below mentioned are some of the Offers provided by the company:
- The company allows you up to 10,000 initial deposits along with flexible revenue sharing.
- However, it does not provide the sub-brokers with the facility of zero deposits, flat revenue sharing and zero revenue sharing with prepaid.
Asit C Mehta Franchise Support
Find table below related to Asir C Mehta Authorised Person Support:
Asit C Mehta provides the sub-brokers with facilities such as:
- Marketing support
- Back-office support
- Trading support
- Advisory support
- Dealing training
- It does not however, offer product training.
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Asit C Mehta Authorised Person – Brokerage charges to Clients
Below table gives good understanding of Brokerage Charges levied by Asit C Mehta to thier Sub brokers clients:
|Brokerage Charges to Clients|
|Equity Delivery||0.20% – 0.55%|
|Equity Intraday||0.02% – 0.05%|
|Equity Futures||0.02% – 0.05%|
|Equity Options||Rs.70 – Rs.100 per lot|
|Currency Futures||0.02% – 0.05%|
|Currency Options||Rs.70 – Rs.100 per lot|
|Commodity||0.02% – 0.05%|
The Brokerage charges by Asit C Mehta given to its sub-brokers are usually at par with the market rates.
They charge 0.20%-0.55% to equity delivery 0.02%-0.05% to equity intraday, commodity, currency futures and equity futures. They offer Rs. 70 to Rs. 100 per lot to equity and currency options.
Asit C Mehta Partner – Account Opening Charges to Clients
Find below Account opening charges levied by Asit C Mehta to their Sub brokers clients:
|Account Opening Charges to Clients|
|Account Opening Charges||Rs.400 – Rs.700|
|Margin Money||Zero Margin|
The charges incurred by the clients under Asit C Mehta is quite less and reasonable when compared to other brokers in the market.
We here at Asit C Mehta offer you free Demat AMC and Trading AMC. However, the account opening charges vary between Rs. 400 to Rs. 700. The Transactions charges are 0.00325% and zero margin money is required.
Benefits of Becoming an A C Mehta Partner
Apart from great incentives and fine revenue returns, there are a lot of reason why you should consider working with A C Mehta, these include:
- An opportunity to work with an experienced and renowned brand.
- Quick online account opening process for the clients
- Free Demat Account opening
- Great and effective marketing support
- Client Acquisition support
- Flexible Revenue sharing
- Back-office support
- Zero Margin money for clients.
Become a Sub Broker with Asit C Mehta – Just Fill up the form
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