Bhumika Consultancy Sub Broker / Franchise / Authorised Person / Partner Review

Bhumika Consultancy is a key player in the stock market with hundreds of Bhumika Consultancy Sub brokers working under them across India.

It has its base in Gujarat and has been successfully serving its customer for over 20 years now. Bhumika Consultancy is a private company that provides full brokerage services to its partners and customers.

In this article, we will be discussing some important factors of Bhumika Consultancy Sub Broker Company. Our agenda is to go over all the details regarding the offers, benefits, brokerage charges, and other programs covered by Bhumika Consultancy Sub Brokers Company.

Top Business Model Sub Broker
Revenue Sharing 60% – 80%
Security Deposit Rs.50,000 – Rs.150,000
Become Sub Broker in 3-5 Weeks
Receive Payout in 33 Days
Founder Nituben Dineshbhai Ghuria
Established Year 1999

Bhumika Consultancy offers

Bhumika Consultancy Franchise – Customer Ratings

Find below table to know the Customer Ratings of Bhumika Consultancy Sub Broker:

Experience 2.3/5
Services 2.4/5
Products 2.5/5
Trading Platforms 2.3/5
Support 2.4/5
Revenue Sharing Model 2.5/5
Security Deposit 2.4/5
Offers 2.4/5
Market Share 2.1/5
Overall Ratings 2.3/5
Star Ratings ★★★☆☆

Being one of the oldest and the most reliable share broking company to exist in Gujarat, Bhumika Consultancy has been able to generate quite a few good numbers of positive customer impressions. The Customer Rating of Bhumika Consultancy Sub Broker is better than just average.

The people who have worked with the company have claimed that the company presents good customer services, security deposits, experience, revenue sharing model, support, etc.

Keeping in mind all these things and creating an overall sheet, we find that the average rating that the company got is around 3 points out of 5 which proves its excellence.

Overview of Bhumika Consultancy Franchise / Sub Broker

Details about Bhumika Consultancy Franchise are given in the below table:

Company Type Private
Broker type Full Service Broker
Headquarters Palanpur, Gujarat
Founder Nituben Dineshbhai Ghuria
Established Year 1999
SB Code Activation Time 3-5 Weeks
Payout Time 33 Days

Bhumika Consultancy Sub brokerBhumika Consultancy is a private company that presents full brokerage services to all its customers. It was established by Nituben Dineshbhai Ghuria in the year 1999 and has its headquarters in Palanpur, Gujarat.

The Sub Broker Activation time required for Bhumika Consultancy Sub Broker is 3-5 weeks and their payout time is 33 days.

Become a Sub Broker with Bhumika Consultancy – Just Fill up the form

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    Bhumika Consultancy Sub Broker – Business Models

    Find below table for details:

    Master Franchise No
    Sub Broker Yes
    Remisier No
    Referral Program No

    There is only one type of business franchise available for brokers working under Bhumika Consultancy, that is:

    • Sub Broker

    However, options for the master franchise, Remisier, and referral programs are not available.

    Bhumika Consultancy Sub Broker / Authorised Person Model

    In this model, Bhumika Consultancy offers other various sub-brokers the liberty to work under the company name. This model allows for a monopoly business wherein more than one particular sub-broker belonging to the same company can work at the same place with other sub-broker of the same company.

    Bhumika Consultancy Sub broker Commission / Revenue Sharing

    Find below table to know Bhumika Consultancy Securities Franchise Commission Models and Revenue Sharing Models:

    Master Franchise NA
    Sub Broker 60% – 80%
    Remisier NA
    Referral Program NA

    Considered one of the best sub brokers in Gujarat, Bhumika Consultancy offers great and accurate Revenue Sharing opportunities.  The Revenue received by the sub-brokers working under Bhumika Consultancy is calculated on the basis of the following terms:

    • Sub Broker

    As for the Sub broker business model, the sub-brokers are allowed to start from 60% of the leads and can range a maximum of up to 80% of the leads that they provide the company with and the converts.

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    Bhumika Consultancy Franchise Cost / Security Deposit

    The below Tables gives a good understanding of Bhumika Consultancy Securities Franchise Cost:

    Master Franchise NA
    Sub Broker Rs.50,000 – Rs.150,000
    Remisier NA
    Referral Program NA

    The Security deposit or Initial cost that you need to reserve with Bhumika Consultancy in order to work with the company is discussed in detail below:

    For the Sub broker model, one needs to provide a minimum of Rs 50, 000 at the beginning of their partnership with Bhumika Consultancy.

    One can go as high as Rs 150,000. It is very important to keep in mind that the higher the amount of security deposit with the company is, the higher the rate of revenue that will be generated in the end.

    However, it does not provide options for the master franchise, remisier, and referral programs.

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    Bhumika Consultancy Partner Infrastructure Requirement

    Check the table to know Bhumika Consultancy Partner Infrastructure Requirements:

    Office Area Minimum 100 Sq Ft
    Employee Strength Minimum 1
    Research Services No
    Internet Connection Yes
    Trading Terminals No
    Telephone Lines Yes

    It is mandatory to have the below-mentioned infrastructure if you plan on becoming a broker under Bhumika Consultancy. These are pretty much the most basic rules that any company asks for before inviting brokers to work under them. Hence, the fulfilments of the following rules are compulsory and important:

    • You should be in possession of at least 100 sq. Feet office area that you are working in.
    • You should have at least 1 employee working for and under you.
    • It is not mandatory to do Research services.
    • You should have active and smooth-running internet connectivity which is pretty basic.
    • You may not have Trading Terminals.
    • It is mandatory for your office area to have some telephone lines.

    Bhumika Consultancy Sub Broker Offers

    Find below various The Bhumika Consultancy Capital Share 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 offers provided by Bhumika Consultancy are considered one of the very basic and the best among its competitor. The people working in Bhumika Consultancy feel that it is very important to provide each and every one with enough opportunities. Here are some of the offers allowed by the company:

    • The company allows you to have flexible revenue sharing.
    • It does not allow for Zero revenue sharing with prepaid.
    • Does not ask for a 10k initial deposit.
    • However, it does not allow the sub-brokers the facility of zero deposits and flat revenue sharing.

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    Bhumika Consultancy Franchise Support

    The below table consists of various support provided by Bhumika Consultancy Authorised Person program:

    Marketing Support Yes
    Back-Office Support Yes
    Trading Support No
    Advisory Support No
    Dealing Training Yes
    Acquisition Training No
    Product Training No

    Some of the support facilities provided to the sub-brokers by Bhumika Consultancy are:

    • Marketing support
    • Back-office support
    • Dealing training
    • It does not provide facilities like trading support, advisory support, acquisition training, and product training.

    Bhumika Consultancy Authorised Person – Brokerage Charges to Clients

    The table gives proper information of Bhumika Consultancy Brokerage charges levied to its Franchise Clients:

    Equity Delivery 0.25%
    Equity Intraday 0.03%
    Equity Futures 0.03%
    Equity Options Rs.25 per Lot
    Currency Futures 0.03%
    Currency Options Rs.15 per Lot
    Commodity 0.03%

    The brokerage Charges given by Bhumika consultancy to its sub-brokers are usually as per the normal market rates. They charge 0.25% to equity delivery, 0.03% to equity intraday, equity futures, and currency futures.

    They offer Rs 25 per lot for equity options and Rs 15 per lot for currency options. The percentage for commodities is 0.03%

    Bhumika Consultancy Partner – Account Opening Charges to Clients

    The table gives proper information on Bhumika Consultancy Account opening charges levied to its Franchise Clients:

    Demat AMC Rs.350 per Annum
    Trading AMC Rs.250 per Annum
    Account Opening Charges Rs.100
    Transaction Charges 0.00285%
    Margin Money Zero Margin

    The charges acquired by the clients working under Bhumika Consultancy are very reasonable and valid. They charge Rs 350 p.a. for Demat AMC and Rs 250 p.a. for Trading AMC. The account opening charge is Rs 100 and the transaction charges run up to 0.00285%; with zero margins.

    Benefits of Bhumika Consultancy Partner Program

    Apart from great incentives for clients and fine revenue returns, there are a lot of reasons why you should consider working with Bhumika Consultancy, these include:

    • An opportunity to work with an experienced and renowned brand.
    • Quick online account opening process for the clients
    • Great and effective marketing support
    • Dealing training
    • Flexible Revenue sharing
    • Back-office support.

    Become a Sub Broker with Bhumika Consultancy – Just Fill up the form

      Become a Sub Broker
      1. Become Sub Broker

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      List of Top Bhumika Consultancy Partners / Business Partners

      Company List Remisiers Name Trade Name Remisiers Registration No.
      BHUMIKA CONSULTANCY Abdulrazak A. Kaldar Abdulrazak A. Kaldar R/3048/13457/29/01/2007
      BHUMIKA CONSULTANCY Alkeshkumar Dayarambhai Joshi Alkeshkumar Dayarambhai Joshi R/3048/21866/23/05/2008
      BHUMIKA CONSULTANCY Alpeshkumar Devchandbhai Patel Alpeshkumar Devchandbhai Patel R/3048/43670/20/11/2015
      BHUMIKA CONSULTANCY Amitaben Manojbhai Joshi Amitaben Manojbhai Joshi R/3048/16855/14/09/2007
      BHUMIKA CONSULTANCY Amitkumar Maheshbhai Patel Amitkumar Maheshbhai Patel R/3048/18075/26/11/2007
      BHUMIKA CONSULTANCY Angita Pavanbhai Patel Angita Pavanbhai Patel R/3048/20119/19/02/2008
      BHUMIKA CONSULTANCY Anilkumar Punamchand Agrawal Anilkumar Punamchand Agrawal R/3048/27599/10/02/2009