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

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

Bhumika Consultancy Sub broker

Bhumika Consultancy has its base in Gujarat and has been successfully serving its customer 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 programmes covered by Bhumika Consultancy Sub Brokers Company.


Bhumika Consultancy Franchise – Customer Ratings

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

Experience2.3/5
Services2.4/5
Products2.5/5
Trading Platforms2.3/5
Support2.4/5
Revenue Sharing Model2.5/5
Security Deposit2.4/5
Offers2.4/5
Market Share2.1/5
Overall Ratings2.3/5
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 on 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 is given in the below table:

Company TypePrivate
Broker typeFull Service Broker
HeadquartersPalanpur, Gujarat
FounderNituben Dineshbhai Ghuria
Established Year1999
SB Code Activation Time3-5 Weeks
Payout Time33 Days

Bhumika Consultancy is a private company that presents full brokerage service 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

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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Bhumika Consultancy Sub Broker – Business Models

Find below table for details:

Master FranchiseNo
Sub BrokerYes
RemisierNo
Referral ProgramNo

Bhumika Consultancy provides sub-brokership to individuals and entities who want to work along with them. The Bhumika Consultancy Sub Brokers business model is described below –

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

  1. 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 FranchiseNA
Sub Broker60% – 80%
RemisierNA
Referral ProgramNA

Considered as one of the best sub broker 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 starting from 60% of the leads and can range maximum 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

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

Master FranchiseNA
Sub BrokerRs.50,000 – Rs.150,000
RemisierNA
Referral ProgramNA

The Security deposit or Initial cost that you need to reserve with Bhumika Consultancy in order to work with the company is discussed in details 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 is the rate of revenue which will be generated in the end.

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


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Bhumika Consultancy Partner Infrastructure Requirement

Check the table to know Bhumika Consultancy Partner Infrastructure Requirement:

Office AreaMinimum 100 Sq Ft
Employee StrengthMinimum 1
Research ServicesNo
Internet ConnectionYes
Trading TerminalsNo
Telephone LinesYes

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 an 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 DepositNo
10k Initial DepositNo
Flexible Revenue SharingYes
Flat Revenue SharingNo
Zero Revenue Sharing with PrepaidNo

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 everyone 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.
  • It does not ask for 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

Below table consist of various support provided by Bhumika Consultancy Authorised Person program:

Marketing SupportYes
Back-Office SupportYes
Trading SupportNo
Advisory SupportNo
Dealing TrainingYes
Acquisition TrainingNo
Product TrainingNo

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 Delivery0.25%
Equity Intraday0.03%
Equity Futures0.03%
Equity OptionsRs.25 per Lot
Currency Futures0.03%
Currency OptionsRs.15 per Lot
Commodity0.03%

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 to equity options and Rs 15 per lot to currency options. The percentage for commodity is 0.03%


Bhumika Consultancy Partner – Account Opening Charges to Clients

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

Demat AMCRs.350 per Annum
Trading AMCRs.250 per Annum
Account Opening ChargesRs.100
Transaction Charges0.00285%
Margin MoneyZero 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 margin.


Benefits of Bhumika Consultancy Partner Program

The Bhumika Consultancy Sub-brokers program is beneficial for the sub-brokers as –

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 BrokerOpen Demat Account


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