Basan Equity Broking Pvt Ltd, a private company providing brokerage services whose base is located in Hyderabad Andhra Pradesh, has served customers for more than 10 years now.
The agenda of the company is to go over all the details of the offers, brokerage benefits, and charges. It is a full-service and private broker company. Basan Equity Broking offers experience, trading platform, revenue sharing, services, and market shares and has an overall rating of 3 stars out of 5.
In this article, we will read in-depth about Basan Equity Broking.
| Summary | |
| Top Business Model | Sub Broker |
| Revenue Sharing | 60% – 75% |
| Security Deposit | Rs.50,000 – Rs.200,000 |
| Become Sub Broker in | 35 Days |
| Receive Payout in | 35 Days |
| Founder | Basanth Agarwal |
| Established Year | 2007 |
Basan Equity Broking Sub Broker – Customer Ratings
| Experience | 2.2/5 |
| Services | 2.3/5 |
| Products | 2.5/5 |
| Trading Platforms | 2.3/5 |
| Support | 2.4/5 |
| Revenue Sharing Model | 2.3/5 |
| Security Deposit | 2.5/5 |
| Offers | 2.2/5 |
| Market Share | 2.3/5 |
| Overall Ratings | 2.3/5 |
| Star Ratings | ★★★☆☆ |
Existing for a long time global capital sub-broker has managed to get the trust of customers and a good amount of positive feedback. Even the employees working at the company have observed that the company presents good customer services, security deposits, experience, revenue sharing model, support, etc.
All of this has just proved the rating, i.e. 2.3 out of 5 by the customers themselves. It is an above-average company as can be seen from the ratings itself.
About Basan Equity Broking Franchise
| Company Type | Private |
| Broker type | Full Service Broker |
| Headquarters | Hyderabad, A.P |
| Founder | Basanth Agarwal |
| Established Year | 2007 |
| SB Code Activation Time | 35 Days |
| Payout Time | 35 Days |
In the year 2007, Basanth Agrawal the company and had its headquarters in New Delhi.
As mentioned before it is a public company offering services to all.
It works on an activation time of 21 days while having a payout time of 31 days.
Become a Sub Broker with Basan Equity Broking – Just Fill up the form
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Basan Equity Broking Sub Broker – Business Models
| Master Franchise | No |
| Sub Broker | Yes |
| Remisier | No |
| Referral Program | No |
It has one franchise model, i.e.,
- Sub Broker
Basan Equity Broking Sub-broker model
The global capital offers other various sub-brokers its franchise with their own free will to work under the company name. This allows a monopoly business where a sub-broker from one company can work with another sub-broker of the same company at the exact time.
Basan Equity Broking Franchise Commission Models / Revenue Sharing Models
| Master Franchise | NA |
| Sub Broker | 60% – 75% |
| Remisier | NA |
| Referral Program | NA |
It has one franchise model, i.e.,
Sub broker business model, the sub-brokers are allowed to start from 60% of the leads and can range a maximum of up to 75% of the leads that they provide the company with and the converts.
Check out Revenue Sharing of other Sub Brokers
Basan Equity Broking Franchise Cost / Security Deposit
| Master Franchise | NA |
| Sub Broker | Rs.50,000 – Rs.200,000 |
| Remisier | NA |
| Referral Program | NA |
The initial cost required by the company for anyone to work for it is fixed and stated below :
- Sub-broker partnership: Rs. 50,000/-
- For a sub-broker partnership, the minimum amount to be invested has to be Rs. 50,000/- and can be up to Rs. 200,000/-. The higher this amount is, the higher the revenue rate will be generated at the end of the partnership.
Here are Security Deposit info of other Stock Broking Franchise
Basan Equity Broking Partner Infrastructure Requirement
| Office Area | Minimum 100 SqFt |
| Employee Strength | Not Mandatory |
| Research Services | Yes |
| Internet Connection | Yes |
| Trading Terminals | Yes |
| Telephone Lines | Yes |
- You should be in possession of at least 100 sq. ft office area that you are working in.
- You should have active and smooth-running internet connectivity which is pretty basic.
- Should have Trading Terminals.
- It is not mandatory for your office area to have some telephone lines.
Basan Equity Broking Sub Broker Offers
| Zero Deposit | No |
| 10k Initial Deposit | No |
| Flexible Revenue Sharing | Yes |
| Flat Revenue Sharing | No |
| Zero Revenue Sharing with Prepaid | No |
- The company allows you to have flexible revenue sharing.
Check out other companies Sub Broker Offers
Basan Equity Broking Franchise Support
| Marketing Support | No |
| Back-Office Support | Yes |
| Trading Support | Yes |
| Advisory Support | No |
| Dealing Training | No |
| Acquisition Training | No |
| Product Training | No |
The sub-brokers are provided with some support facilities which are mentioned below:
- Trading support: This is an important requirement for any client; trading support provided by the Basan firm is of the highest professionalism.
- Back-office support
- Doesn’t provide advisory support
- Doesn’t provide acquisition or product training
Basan Equity Broking Franchise – Brokerage Charges to Clients
| Equity Delivery | 0.30% |
| Equity Intraday | 0.03% |
| Equity Futures | 0.03% |
| Equity Options | Rs.30 per Lot |
| Currency Futures | 0.03% |
| Currency Options | Rs.30 per Lot |
| Commodity | NA |
The brokerage charges applied for the sub-brokers are according to the reasonable market rates, i.e. 0.30 % to the equity delivery and 0.03% to equity intraday, equity in future 0.03%, and currency for 0.03%.
That is to say that Rs. 30/- per lot for equity options while 0.03% for our lot currency options.
Basan Equity Broking Sub Broker – Account Opening Charges to Clients
| Demat AMC | Rs.299 per Annum |
| Trading AMC | Free |
| Account Opening Charges | Rs.100 |
| Transaction Charges | 0.00320% |
| Margin Money | Minimum Rs.5,000 |
The charges applied for the clients applied for the basan Equity are reasonably well and completely valid. For Demat AMC Rs. 299/- is charged while Trading AMC is not charged at all.
To open an account Rs. 100/- is to be deposited. The charges for transacting are 0.00320% with a margin extending up to Rs.5000
Benefits of Basan Equity Broking Partner Program
The Basan Equity Broking Sub-brokers program is beneficial for the sub-brokers as –
Besides the incentives provided for the clients and the reasonable revenue rates, there are many reasons why you should look up to the company for brokerage those including:
- An opportunity to work with a renowned, experienced, and reliable brand
- Online accounts can be opened quickly by clients with fewer efforts
- Client acquisition support provided
- Effective marketing supporting provided
- Flexible and reasonable revenue rates
- Back-office support given
- With prepaid, no revenue sharing is required.
Another reason to choose Basan Equity Broking is due to the immense credit that it has in the market, one can be assured of the best services and timely delivery of deals. At the same time, they could be the one–stop solution for all your stock broker needs.
Become a Sub Broker with Basan Equity Broking – Just Fill up the form
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