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.
| Summary | |
| 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 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 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
Compare Sub Broker Franchise
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.
Check out Revenue Sharing of other Sub Brokers
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.
Here are Security Deposit info of other Stock Broking Franchise
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.
Check out other companies Sub Broker Offers
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
Find detailed review of other Sub Broker Franchise
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 |