Cholamandalam Securities is a key player in the stock market with hundreds of Cholamandalam Securities Sub Broker working under them across India.
Cholamandalam Securities operates with assets under management of over INR 47 700 Crores from 885 branches across India. With more than 8 Lack customers throughout the country, Cholamandalam Securities is expanding.
Their operate serve include stock broking services for trading in stock markets through our branch network, and online platform, and execution of financial products like IPOs, Mutual funds, Bonds, and Exchange Traded Funds.
In this article, we have featured all details of Cholamandalam Securities like Sub Broker, Franchise, authorized Person and partner Review.
| Summary | |
| Top Business Model | Sub Broker |
| Revenue Sharing | 50% – 70% |
| Security Deposit | Rs.50,000 – Rs.100,000 |
| Become Sub Broker in | 28 Days |
| Receive Payout in | 3-4 Weeks |
| Founder | N Srinivasan |
| Established Year | 1994 |
Cholamandalam Securities Sub Broker – Customer Ratings
Find the below table to know the Customer Ratings of Cholamandalam Securities Sub Broker:
| Experience | 2.4/5 |
| Services | 2.4/5 |
| Products | 2.3/5 |
| Trading Platforms | 2.2/5 |
| Support | 2.4/5 |
| Revenue Sharing Model | 2.5/5 |
| Security Deposit | 2.2/5 |
| Offers | 2.4/5 |
| Market Share | 2.3/5 |
| Overall Ratings | 2.4/5 |
| Star Ratings | ★★★☆☆ |
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 Model and products.
About Cholamandalam Securities Franchise
Details about Cholamandalam Securities Franchise are given in the below table:
| Company Type | Public |
| Broker type | Full Service Broker |
| Headquarters | Chennai, T.N |
| Founder | N Srinivasan |
| Established Year | 1994 |
| SB Code Activation Time | 28 Days |
| Payout Time | 3-4 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
Compare Sub Broker Franchise
Cholamandalam Securities Sub Broker – Business Models
Find below table for details:
| Master Franchise | Yes |
| Sub Broker | Yes |
| Remisier | No |
| Referral Program | No |
On the basis of Business Models, Cholamandalam Securities make business partners who act on behalf of the Broker. By providing franchisee investors access to markets, brokers earned commissions and also received trading fee rebates from the exchange.
Cholamandalam Securities has the following Business Models
- Master Franchise
- Sub Broker
Cholamandalam Securities Master Franchise Model
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.
Cholamandalam Securities Sub Broker Model
As a Sub Broker of Cholamandalam Securities, the broker provides access to the trading platform of a stock exchange. The stockbroker shares the amount of 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. Sub-broker should be registered with SEBI.
Cholamandalam Securities Franchise Commission Models / Revenue Sharing Models
Find the below table to know Cholamandalam Securities Franchise Commission Models and Revenue Sharing Models:
| Master Franchise | 70% – 80% |
| Sub Broker | 50% – 70% |
| Remisier | NA |
| Referral Program | NA |
The Revenue Sharing Model is an initial fee the franchisee pay so that the brand name, product, and services can be used within a certain region, and training and advice are also provided.
- The Master Franchise pays a percentage of a share as in Revenue Sharing Models of a minimum of 70% to a maximum 80% of its share, depending on trade volume.
- Sub – Brokers pay Commissions of range 50% – 70% as revenue Sharing.
Check out Revenue Sharing of other Sub Brokers
Cholamandalam Securities Franchise Cost / Security Deposit
Below Tables gives a good understanding of Cholamandalam Securities Franchise Cost:
| Master Franchise | Rs.200,000 – Rs.500,000 |
| Sub Broker | Rs.50,000 – Rs.100,000 |
| Remisier | NA |
| Referral Program | NA |
Security Deposits are collected by Cholamandalam Securities prior to inward bound into a full franchise agreement.
- Security Deposit is the full initial franchise fee amount deposited to Cholamandalam Securities.
- Sub Brokers are charged a minimum of Rs.50,000 to a maximum of Rs.100,000 for the Franchise of Cholamandalam Securities.
- Master Franchise partnership model 200,000 – Rs.500,000 is of Security Deposit amount is required to deposit.
Here are Security Deposit info of other Stock Broking Franchise
Cholamandalam Securities Partner Infrastructure Requirement
Check the table to know Cholamandalam Securities Partner Infrastructure Requirement:
| Office Area | Minimum 200 SqFt |
| Employee Strength | Minimum 2 |
| Research Services | Yes |
| Internet Connection | Yes |
| Trading Terminals | Yes |
| Telephone Lines | Yes |
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.
The cholamandalam franchisor needs to maintain the following Infrastructure Requirements.
- The office Area should be a Minimum of 200 Sq Ft areas.
- Employee Strength of Minimum 2 should be present in office premises to attend to the customer.
- Research Services assist customers in trading and take decisions that should be provided to customers.
- Internet Connection and Telephone Lines are mandatory to provide in the office.
- Trading Terminals helps traders to place orders faster and is compulsory to provide the customer.
Cholamandalam Securities Sub Broker Offers
Find below various The Cholamandalam Securities Sub Broker Offers:
| Zero Deposit | No |
| 10k Initial Deposit | No |
| Flexible Revenue Sharing | Yes |
| Flat Revenue Sharing | No |
| Zero Revenue Sharing with Prepaid | Yes |
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 is 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.
Check out other companies Sub Broker Offers
Cholamandalam Securities Franchise Support
The below table consist of various support provided by the Cholamandalam Securities Authorised Person program:
| Marketing Support | No |
| Back-Office Support | Yes |
| Trading Support | No |
| Advisory Support | Yes |
| Dealing Training | No |
| Acquisition Training | No |
| Product Training | Yes |
- Cholamandalam Securities Support by providing ongoing support and assistance to the franchise.
- Cholamandalam Securities is obligated to provide you with the Back office support and services provided for the development and expand their business.
- The Cholamandalam Securities also provide product training modules hosted on their Intranet by conducting initial training.
Cholamandalam Securities Franchise – Brokerage Charges to Clients
The table gives proper information on Cholamandalam Securities Brokerage charges levied on its Franchise Clients:
| Equity Delivery | 0.50% |
| Equity Intraday | 0.05% |
| Equity Futures | 0.05% |
| Equity Options | Rs.50 per Lot |
| Currency Futures | 0.05% |
| Currency Options | Rs.25 per Lot |
| Commodity | 0.05% |
Brokerage Charges of the CholamandalamSecurities 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.
- The franchise charges 0.5% for capital transactions for cholamandalam securities.
- 0.05 % is charged for intraday equity transactions to cholamandalam securities franchises
- 0.05 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 a brokerage for currency options per batch.
- For trading in commodities, 0.05% is charged.
Cholamandalam Securities Sub Broker – Account Opening Charges to Clients
The table gives proper information on Cholamandalam Securities Account opening charges levied to its Franchise Clients:
| Demat AMC | Rs.300 per Annum |
| Trading AMC | Free |
| Account Opening Charges | Zero |
| Transaction Charges | 0.00300% |
| Margin Money | Zero Margin |
- Traders are charged 300 per Annum to open the Demat account.
- Customer trading costs are 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 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 the track
- Transparency in dealing with our customers
- Multiple products and brokerage plans to suit your needs
- Successfully serviced 8 Lakhs customers across the nation
Become a Sub Broker with Cholamandalam Securities – Just Fill up the form
Find detailed review of other Sub Broker Franchise
List of Top Cholamandalam Securities Partners / Business Partners
| Company List | Remisiers Name | Trade Name | Remisiers Registration No. |
| CHOLAMANDALAM SECURITIES | B. Vaidehi | B. Vaidehi | R/0237/11879/11/09/2006 |
| CHOLAMANDALAM SECURITIES | D. Ajit Kumar Jain | D. Ajit Kumar Jain | R/0237/12233/05/10/2006 |
| CHOLAMANDALAM SECURITIES | Elangovan. S | Elangovan. S | R/0237/11880/11/09/2006 |
| CHOLAMANDALAM SECURITIES | N. Chandrasekaran | N. Chandrasekaran | R/0237/11883/11/09/2006 |
| CHOLAMANDALAM SECURITIES | R. Suresh Kumar | R. Suresh Kumar | R/0237/08232/08/11/2005 |
| CHOLAMANDALAM SECURITIES | V.G.B. Sarma | V.G.B. Sarma | R/0237/11885/11/09/2006 |