HDFC Securities Sub Broker are one of the most renowned groups of sub-brokers across the country. Here in this article, you will find all the details that you want to know about HDFC Securities Franchise.
This article will enlighten your knowledge about Customer ratings, sub-brokership programs, different types of business models within this share broking company, benefits, offers and many other things that you are eager to know.
HDFC Securities Sub Broker – Customer Ratings
|Experience||3.10 / 5|
|Services||3.30 / 5|
|Products||3.10 / 5|
|Trading Platforms||2.90 / 5|
|Support||3.10 / 5|
|Revenue Sharing Model||3.00 / 5|
|Security Deposit||2.80 / 5|
|Offers||2.90 / 5|
|Market Share||3.10 / 5|
|Overall Ratings||3.03 / 5|
The customers of HDFC securities are more or less always happy with their experience with the sub-brokers of HDFC securities. The rating chart looks quite attractive for HDFC securities as the company maintains above the average rating for all the categories.
Whether you take customer experience, products, and services, offers, customer support trading platforms, this company has a rating around 3 points out of 5 which is quite impressive. It has a rating of 3.10 out of 5 points for its market share in the industry.
The overall HDFC Securities Sub Brokers Customers Rating of the company is around 3 points out of 5 which makes it a trustable and reliable brokerage company and chain of franchise and sub-brokers in this country.
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About HDFC Securities Franchise
Find below table for HDFC Securities Franchise overview:
|Broker type||Full Service Broker|
|SB Code Activation Time||21 days|
|Payout Time||30 Days|
HDFC Securities is a name that is well known by the market players and even by them who are not into share market as HDFC itself is a reputed financial service company.
HDFC started its journey in the share market from the year 2000 and now in these 19 years, it has achieved a lot that makes it stand tall amongst its competitors. The company is a full-service broker in India which has its headquarter in Mumbai.
The company was established by Bharat Shah and this is a public limited company with presence all over the country via its chain of franchises and sub-brokers.
The HDFC Securities Sub Brokers Code activation time is around 21 days. The HDFC Securities Sub Brokers Payout time is 30 days.
HDFC Securities Sub Broker – Business Models
Find below various business models of HDFC Sec Franchise:
HDFC Securities Sub Brokers has two business models for their franchises and sub-brokership programme which are –
- Master Franchise Model
- Sub Broker Model
HDFC Securities Master Franchise Model
For being a master franchise of HDFC securities under the HDFC Securities Sub Broker’s Master Franchise business model, the entity needs to have a set of infrastructure and must meet the eligibility criteria for the programme.
The master franchise is a business model, which is a standalone and monopoly business on the strength of the customer base. According to this model, there can be only one franchise in a particular area of HDFC securities.
There cannot be any other franchise and not even sub-brokers in the area as that may hamper the franchise business. There is a requirement for money deposit as well while getting into the franchise business model.
HDFC Securities Sub Broker / Authorised Person Model
HDFC Securities Sub Broker business model is also a model that stands on the shoulder of the strength of the customer base. The sub-brokership model is different from the master franchise as it belongs to a perfectly competitive market not falls under monopoly business.
There can be thousands of sub-brokers of HDFC securities in the same area. This business model is way cheaper than the franchise model however, the competition is fierce as well.
HDFC Securities Sub Broker Commission / Revenue Sharing
below table gives you detail about HDFC Securities Franchise Revenue Sharing:
|Master Franchise||70% – 75%|
|Sub Broker||50% – 65%|
The HDFC Securities Sub broker Franchise Commission and the HDFC Securities Sub broker Revenue Sharing Models vary according to the amount of –
- Franchise cost – The cost franchise owner needs to pay to take franchise rights of HDFC Securities.
- Security deposit – This is the amount paid by the sub-brokers to start their sub-brokership business under the name of the HDFC Securities.
According to Master Franchise Model of HDFC securities, the franchise commission that is shared with the franchise starts from 70% and goes up to 75%. Here, 70% is the minimum for the minimum amount of franchise cost and 75% is the maximum commission one franchise can earn.
For the sub-brokers, if they keen the nominal security deposit, the revenue they can earn is 50% while the maximum one can earn is 65% provided, the security deposit is maintained at the highest level.
HDFC Securities Franchise Cost / Security Deposit
Find detailed table of HDFC Securities Sub broker security deposit:
|Master Franchise||Rs.300,000 – Rs.500,000|
|Sub Broker||Rs.100,000 – Rs.200,000|
As mentioned above, the revenue sharing depends on the franchise cost or the security deposit, here is a complete detail about the same.
The HDFC Securities Franchise Cost ranges from Rs.300,000 to Rs.500,000. The percentage for sharing revenue accordingly changes with the amount of franchise cost and the infrastructural requirement for the franchise also differs according to the amount of franchise cost.
On the other hand, for the sub-brokership programme under HDFC Securities, the sub-brokers need to keep an HDFC Securities security deposit. The minimum security deposit that a sub-broker can keep is Rs.1 lakh and the amount can go up till Rs.2 lakh at present.
It is at the discretion of the sub-brokers that how much security they want to keep and accordingly their percentage of revenue is decided as mentioned in the previous section.
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HDFC Securities Partner Infrastructure Requirement
Find table regarding HDFC Securities Sub broker requirements:
|Office Area||Minimum 300 Sq Ft|
|Employee Strength||Minimum 7|
There are various infrastructural requirements that a franchise and even sub-brokers (at times) need to maintain to get the license or to get enrolled under the HDFC Securities franchise or sub-brokers programme.
The main HDFC Securities Partner Infrastructure Requirement are –
- The office area of the franchise of the office of the sub-broker cannot be less than 300 square feet.
- The franchise and the sub-brokers must provide research facilities and the franchises must have an employee or a team for pursuing research activities for the benefit of the clients.
- The employee strength must be equal and above seven in any case.
- The offices of the franchise or the sub-brokers must be equipped with internet facilities, domestic telephone lines.
- All the franchises and the sub-broker offices must have trading terminals.
HDFC Securities Sub Broker Offers
Various offers of HDFC Securities Franchise are listed below:
|10k Initial Deposit||No|
|Flexible Revenue Sharing||Yes|
|Flat Revenue Sharing||No|
|Zero Revenue Sharing with Prepaid||No|
There is an abundance of HDFC Securities Sub Broker Offers which facilitates not only the sub-brokers or the franchise owners but the customers at the end as well. Here are some of them –
- The franchise or the sub-brokers gain a high amount of revenue as the percentage of revenue is quite high.
- The eligibility criteria are very minimal.
- HDFC provides a very flexible revenue sharing model which allows and attracts more partners to join as sub-brokers and franchises.
- The investment is quite low as well.
- Acquiring customers is easy with thorough research reports and customer support.
- There are innumerable products and services available.
- Franchises and sub-brokers get expert to advise from the HDFC securities and full support.
- There is no offer for the 10K initial deposit.
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HDFC Securities Franchise Support
Find below table about HDFC Securities Partner Suppot:
The HDFC Securities Franchise Support includes marketing support for the franchise and the sub-brokers. Then there is back-office and trading support as well.
Advisory support is also provided from the end along with product trading is organized for the sub-brokers and the franchise owners. They are also trained for dealing with the customers.
HDFC Securities Authorised Person – Brokerage Charges to Clients
Find below table about Brokerage Charges levied by Sub broker to their clients:
|Equity Options||Rs.100 per Lot|
|Currency Options||Rs.100 per Lot|
HDFC Securities Brokerage charges are fixed for every asset classes. The equity delivery segment has a charge of 0.50%. Brokerage on Equity intraday, future, currency futures, and commodities is 0.05%.
The charges on currency options and equity options are fixed at Rs. 100 per a lot of shares.
HDFC Securities Partner – Account Opening Charges to Clients
Find detailed account opening charges levied on HDFC Securities Sub brokers clients:
|Demat AMC||Rs.300 per Annum|
|Trading AMC||Rs.500 per Annum|
|Account Opening Charges||Rs.500|
|Margin Money||Minimum Rs.25,000|
The account opening charges with HDFC Securities sub-brokers is fixed at Rs. 500. The Annual Maintenance charges for the Demat account is Rs. 300 p.a. The AMC for the trading account is Rs. 500 per year.
The transaction charges are 0.00325% of the particular transaction and the margin money that needs to be kept is Rs. 25000 as a minimum requirement (margin).
Benefits of HDFC Securities Partner Program
There are various benefits of taking franchise of HDFC securities or becoming a sub-broker under this name. Some of the crucial benefits are –
- Thorough training and support to build the business of the franchise and the sub-brokers are provided.
- The revenue sharing ratio is quite high, flexible and transparent at the same time.
- The line of products is so huge that it automatically attracts customers.
- Excellent customer support.
- Products and services are upgraded keeping the economy’s condition in mind.
Become a Sub Broker with HDFC Securities – Get a Call from Franchise Manager!
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