Cholamandalam Securities Sub Broker / Franchise / Authorised Person / Partner Review

Cholamandalam Securities is a key player in the stock market with hundreds of Cholamandalam Securities Sub Broker working under them across India.

 

Cholamandalam Securities Sub Broker

Cholamandalam Securities operates with assets under management over INR 47 700 Crores from 885 branches across India. With more than 8 Lack customers throughout the country, Cholamandalam Securities is expanding.

They operates serve include stock broking services for trading in stock markets through our branch network, online platform and execution of financial products like IPOs, Mutual funds, Bonds and Exchange Traded funds.

In this article, we have features all details of Cholamandalam Securities like Sub Broker, Franchise, authorized Person and partner Review.


Cholamandalam Securities Sub Broker – Customer Ratings

Find below table to know Customer Ratings of Cholamandalam Securities Sub Broker:

Experience2.4/5
Services2.4/5
Products2.3/5
Trading Platforms2.2/5
Support2.4/5
Revenue Sharing Model2.5/5
Security Deposit2.2/5
Offers2.4/5
Market Share2.3/5
Overll Ratings2.4/5
Star Ratings★★★☆☆

Below Customer Ratings of Cholamandalam Securities is explained.

It is good to try Cholamandalam Securities Capital. The company’s total rating is about 2.4 out of 5 points.

Cholamandalam Securities Capital’s customer ratings are average. Customer services are provided fairly, but areas for services such as trading platforms and market share can be improved.

It is known for the model of Revenue Sharing Modeland products.


About Cholamandalam Securities Franchise

Details about Cholamandalam Securities Franchise is given in the below table:

Company TypePublic
Broker typeFull Service Broker
HeadquartersChennai, T.N
FounderN Srinivasan
Established Year1994
SB Code Activation Time28 Days
Payout Time3-4 Weeks

Cholamandalam Securities is a Full Service Broker founded by N Srinivasan.

It was incorporated as the Murugappa Group’s financial services arm in 1994 by Cholamandalam Investment and Finance Company Limited. As a financial service provider that offers vehicle finance, business finance, home equity loans, stock broking and the distribution of financial products to its customers, the company, now has emerged as a financial service provider.

This is an international financial services provider. Cholamandalam Securities operates with assets managed over INR 47,700 Crores from 885 offices throughout India. Cholamandalam Securities Limited (CSec) and Cholamandalam Distribution Limited (CDSL) are part of these subsidiaries.

It takes 28 days for activating SB Code. And 3-4 Weeks for Payout.


Become a Sub Broker with Cholamandalam Securities – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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Cholamandalam Securities Sub Broker – Business Models

Find below table for details:

Master FranchiseYes
Sub BrokerYes
RemisierNo
Referral ProgramNo

On basis of Business Models CholamandalamSecurities make business partners who act on behalf of Broker. By providing franchisee investors access to markets, brokers earned commissions and also received trading fee rebates from the exchange.

CholamandalamSecurities has following Business Models

  • Master Franchise
  • Sub Broker

Master Franchise: The Cholamandalam master franchise is an agreement in which a master franchisee gives control over the management and operations of franchises in a certain area or territory. This includes the right to designate Sub Broker or to participate in a Sub Broker itself.

Sub Broker:

As a Sub Broker of Cholamandalam Securities, the broker provides access to the trade platform of a stock exchange. The stock – broker shares the amount of the brokerage. a Sub Broker acts on behalf of a Trading Member as an agent or otherwise for assisting investors in dealing in securities through such Trading Members.

A sub broker should be registered with SEBI.


Cholamandalam Securities Franchise Commission Models / Revenue Sharing Models

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

Master Franchise70% – 80%
Sub Broker50% – 70%
RemisierNA
Referral ProgramNA

Revenue Sharing Modelsis a initial fee thefranchisee pay so that the brand name, product and services can be used within a certain region and training and advise is also provided.

  • The Master Franchise paya percentage of share as in Revenue Sharing Models of a minimum 70% to a maximum 80% of its share, depending on trade volume.
  • Sub – Broker pay Commission of range 50% – 70% as revenue Sharing.

Cholamandalam offers


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Cholamandalam Securities Franchise Cost / Security Deposit

Below Tables gives a good understanding of Cholamandalam Securities Franchise Cost:

Master FranchiseRs.200,000 – Rs.500,000
Sub BrokerRs.50,000 – Rs.100,000
RemisierNA
Referral ProgramNA

Security Deposits are collected by ArhamSecurities prior to inward bound into a full franchise agreement.

  • Security Deposit is the full initial franchise fee amount deposited to Arham Securities.
  • Sub Broker are charged minimum Rs.50,000 to maximum Rs.100,000 for Franchise of Arham Securities.
  • Master Franchise partnership model 200,000 – Rs.500,000is of Security Deposit amount is required to deposit.

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Cholamandalam Securities Partner Infrastructure Requirement

Check the table to know Cholamandalam Securities Partner Infrastructure Requirement:

Office AreaMinimum 200 Sq Ft
Employee StrengthMinimum 2
Research ServicesYes
Internet ConnectionYes
Trading TerminalsYes
Telephone LinesYes

Cholamandalam franchisors must continue to control business operations so that guidelines are maintained throughout the franchise network and the reputation of the brand is not affected in any way.

Cholamandalam franchisor needs to maintain following Infrastructure Requirement.

  • Office Area should be Minimum 200 Sq Ft areas.
  • Employee Strength of Minimum 2 should be present in office premises to attend customer.
  • Research Services assist customer for trading and take decision should be provided to customer.
  • Internet Connection and Telephone Lines is mandatory to provide in office.
  • Trading Terminals helps traders to place orders faster is compulsory to provide customer.

Cholamandalam Securities Sub Broker Offers

Find below various The Cholamandalam Securities Sub Broker Offers:

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

There are various offers available for the Sub brokers of the cholamandalam securities which are as follows –

  • For sub brokers, a zero deposit is not provided.
  • Rs 10,000 are not required as an initial deposit.
  • Sub Broker permits flexible income sharing of sub brokers with Cholamandalam Securities.
  • No subscriber’s Flat Income Share is permitted.
  • Prepaid zero income sharing is allowed.

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Cholamandalam Securities Franchise Support

Below table consist of various support provided by Cholamandalam Securities Authorised Person program:

Marketing SupportNo
Back-Office SupportYes
Trading SupportNo
Advisory SupportYes
Dealing TrainingNo
Acquisition TrainingNo
Product TrainingYes
  • Cholamandalam SecuritiesSupport by providing ongoing support and assistance to the franchise.
  • The Cholamandalam Securitiesis obligated to provide you with the Back office support and services provided for the development and expand their business.
  • The Cholamandalam Securitiesalso provide product training modules hosted on their Intranet by conducting initial training.

Cholamandalam Securities Franchise – Brokerage Charges to Clients

The table gives proper information of Cholamandalam Securities Brokerage charges levied to its Franchise Clients:

Equity Delivery0.50%
Equity Intraday0.05%
Equity Futures0.05%
Equity OptionsRs.50 per Lot
Currency Futures0.05%
Currency OptionsRs.25 per Lot
Commodity0.05%

Brokerage Charges of ArhamSecurities Franchise are discussed below.

  • The brokerage fee applies each time you place a trade and is usually a nominal amount, but could be higher based on the size of the transaction.
  • Franchise charges 0.5% for capital transactions for cholamandalam securities.
  • 50 % is charged for intraday equity transactions to cholamandalam securities franchises
  • 05 percent is charged on equity trading futures, currency futures
  • The charge is Rs. 50 for stock options per batch and Rs. 25 is charged as brokerage for currency options per batch.
  • Trading in commodity 0.05% is charged.

Cholamandalam Securities Sub Broker – Account Opening Charges to Clients

The table gives proper information of Cholamandalam Securities Account opening charges levied to its Franchise Clients:

Demat AMCRs.300 per Annum
Trading AMCFree
Account Opening ChargesZero
Transaction Charges0.00300%
Margin MoneyZero Margin
  • Traders are charged 300 per Annum to open the Demat account.
  • Customer trading costs charged free.
  • The opening fees of the account for customers are Free.
  • 00300% of the transaction charges are charged.
  • No margin deposit is required to maintain to open a leveraged position in the trade.

Benefits of Cholamandalam Securities Partner Program

The Cholamandalam Securities Sub-brokers program is beneficial for the sub-brokers as –

  • Comprehensive understanding of the investment market
  • Backed by strong research and advisory skills
  • Offer analyses and insights to keep your investment performance on track
  • Transparency in dealing with our customers
  • Multiple products and brokerage plans to suit your needs
  • Successfully serviced 8 Lack customers customers across the nation

Become a Sub Broker with Cholamandalam Securities – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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