Kantilal Chhaganlal Sub Broker / Franchise / Authorised Person / Partner Review

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

Top Business ModelSub Broker
Revenue Sharing60% – 80%
Security DepositRs.50,000 – Rs.200,000
Become Sub Broker in3-5 Weeks
Receive Payout in33 Days
FounderJohn Caird
Established Year1995

Kantilal Chhaganlal Securities is a private company which was found in 1995 by John Caird. It has been successfully serving its customer for over 24 years. Their headquarters are in Mumbai, Maharashtra.

The company provides full brokerage service to its customer. People have been relying on the Kantilal Chhaganlal Sub Broker since 1995, and they have never been disappointed by the company. If you decide to work with them, I am sure your needs are in good hands.

In this article, we will be going over important and different points about Kantilal Chhaganlal Sub Broker. We will go over the details like offers, benefits and other programmes covered by the company. We will help you know the company as if you have known it since ever.

We hope to be helpful regarding the things you need and will try to cover every point you deserve to know. At the end of the article, you will be able to decide whether you should work with them or not.

Kantilal Chhaganlal Securities offers

Kantilal Chhaganlal Franchise – Customer Ratings

Find below table to know Customer Ratings of Kantilal Chhaganlal Sub Broker:

Trading Platforms2.3/5
Revenue Sharing Model2.5/5
Security Deposit2.4/5
Market Share2.1/5
Overall Ratings2.3/5
Star Ratings★★★☆☆

Kantilal Chhaganlal Sub Broker is one of the oldest company in the stock market; they have managed to gain some positive and trusting customers over time. Hence, the rating of the company over different categories like Experience, Products, Services, Revenue Sharing Model, Support, Security Deposit and offers including the market share and overall rating has been ranging from 2.1 to 2.5 out of 5.

They have managed to gain 3 stars out of 5 which is above an average rating. These ratings were given by the people who worked with the company and enjoyed their services and thus rated the company over their experience. Their ratings and performance have been consistently similar and good.

The rating gives you the base to form the image of the company in your head.

Overview of Kantilal Chhaganlal Franchise / Sub Broker

Details about Kantilal Chhaganlal Franchise is given in the below table:

Company TypePrivate
Broker typeFull Service Broker
HeadquartersMumbai, Maharashtra
FounderJohn Caird
Established Year1995
SB Code Activation Time3-5 Weeks
Payout Time33 Days

Kantilal Chhaganlal Sub BrokerKantilal Chhaganlal Sub Broker company is a private company that presents full brokerage services to its every customer. It was established by John Caird in the year 1995 and has its headquarters in Mumbai, Maharashtra.

The SB Code Activation time needed for the Kantilal Chhaganlal Sub Broker is three to five (3-5) weeks and their pay-out time is thirty-three days.

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Kantilal Chhaganlal Sub Broker – Business Models

Find below table for details:

Master FranchiseNo
Sub BrokerYes
Referral ProgramNo

Kantilal Chhaganlal Sub Brokership

In this model, the company offers other various sub-brokers its franchise and the brokers are at the liberty to work under the company name. This model lets monopoly businesses to let more than one sub-broker of the same company to work at the same place with other sub-brokers of the same company.

Kantilal Chhaganlal Sub Broker Commission / Revenue Sharing

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

Master FranchiseNA
Sub Broker60% – 80%
Referral ProgramNA

Keeping in mind that Kantilal Chhaganlal Sub Broker is one of the best broker Franchise in Indore, the company offers great Revenue Sharing Opportunities.

The commission received by the Sub-brokers under the Sub broker business model ranges from 60% as a minimum to 80% as maximum.

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Kantilal Chhaganlal Franchise Cost / Security Deposit

Below Tables gives a good understanding of Kantilal Chhaganlal Securities Franchise Cost:

Master FranchiseNA
Sub BrokerRs.50,000 – Rs.200,000
Referral ProgramNA

The security deposit that you need to make with Kantilal Chhaganlal Sub Broker in order to have work with the company is as below:

  • For Sub Broker Business Model, you need to procure a minimum amount of Rs.50,000 and the maximum amount that you can take up is Rs.2,00,000. You must keep in mind that the higher will be the investment thus higher will be the revenue generated.

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Kantilal Chhaganlal Partner Infrastructure Requirement

Check the table to know Kantilal Chhaganlal Partner Infrastructure Requirement:

Office AreaMinimum 100 Sq Ft
Employee StrengthMinimum 1
Research ServicesYes
Internet ConnectionNo
Trading TerminalsNo
Telephone LinesNo

If you wish to be the broker under the Kantilal Chhaganlal Sub Broker then you need to have following conditions fulfilled to get the work. These are basic rules that mostly every company needs. Here are the rules:

  • You should at least have 100 Sq. Ft. area as your office under your possession.
  • You should at least have 1 employee working for you.
  • You should provide Research Services.

Kantilal Chhaganlal Sub Broker Offers

Find below various Kantilal Chhaganlal Capital Share Sub Broker Offers:

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

Kantilal Chhaganlal Sub Broker provides with basic and best offers to its customers. The people of the company feels that it is very vital to provide everyone with enough opportunities. Hence, these are the offers provided by the company:

  • You can have flexible Revenue sharing.
  • You have to make a zero deposit.

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Kantilal Chhaganlal Franchise Support

Below table consist of various support provided by Kantilal Chhaganlal Authorised Person program:

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

The company provides with support for its people. You can feel the support on every step you need to take on your way through the year. Here are some countable support points that the company provides:

  • Back-Office Support
  • Trading Support
  • Dealing Training

Kantilal Chhaganlal Authorised Person – Brokerage Charges to Clients

The table gives proper information of Kantilal Chhaganlal Brokerage charges levied to its Franchise Clients:

Equity Delivery0.55%
Equity Intraday0.06%
Equity Futures0.06%
Equity OptionsRs.55 per Lot
Currency Futures0.06%
Currency OptionsRs.30 per Lot

The Brokerage charges provided by the company to its Sub brokers are basically based according to the market rates only. They charge 0.55% for the Equity Delivery, 0.06% for the Equity Intraday, 0.06% for the Equity Futures, Equity Options as Rs. 55 per Lot, 0.06% for Currency Futures, Rs. 30 per Lot for Currency options and nothing for Commodity.

Kantilal Chhaganlal Partner – Account Opening Charges to Clients

The table gives proper information of Kantilal Chhaganlal Account opening charges levied to its Franchise Clients:

Demat AMCFree
Trading AMCFree
Account Opening ChargesRs.330
Transaction Charges0.00325%
Margin MoneyMinimum Rs.10,000

The charges acquired by the clients working for the Kantilal Chhaganlal Sub Broker are valid and very reasonable. They charge nothing for Demat AMC. They provide free Trading AMC. They charge Rs, 330 for the Account Opening and the transaction charges are 0.00325%. The Margin Money is Rs. 10,000 at the minimum.

Benefits of Kantilal Chhaganlal Partner Program

The Kantilal Chhaganlal Sub-brokers program is beneficial for the sub-brokers as –



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List of Top Kantilal Chhaganlal Consultants  Partners/ Business Partners

Company ListRemisiers NameTrade NameRemisiers Registration No.
KANTILAL CHHAGANLALAsmita Bhushan GandhiAsmita Bhushan GandhiR/0391/29153/14/05/2009
KANTILAL CHHAGANLALBarkha Bhushan SakhaleBarkha Bhushan SakhaleR/0391/29130/14/05/2009
KANTILAL CHHAGANLALHarshada J. BhandareHarshada J. BhandareR/0391/24088/17/09/2008
KANTILAL CHHAGANLALIndradevi AcharyaIndradevi AcharyaR/0391/21588/06/05/2008
KANTILAL CHHAGANLALJaising S PoyarekarJaising S PoyarekarR/0391/25697/01/12/2008
KANTILAL CHHAGANLALJyoti GuptaJyoti GuptaR/0391/29611/11/06/2009
KANTILAL CHHAGANLALMahendra C. ShahMahendra C. ShahR/0391/00080/01/07/1998
KANTILAL CHHAGANLALMehta Priti SachinMehta Priti SachinR/0391/18570/27/12/2007
KANTILAL CHHAGANLALMr. Anand ModyAnand ModyR/0391/05505/31/03/2005
KANTILAL CHHAGANLALMr. S. RameshS. RameshR/0391/05425/24/03/2005
KANTILAL CHHAGANLALMr. Viral K. ChhedaViral InvestmentR/0391/04652/12/01/2005
KANTILAL CHHAGANLALMrs. Indira ThaniIndira ThaniR/0391/00132/22/03/1999
KANTILAL CHHAGANLALMs. Deepika P. ParikhDeepika P. ParikhR/0391/00924/16/09/2003
KANTILAL CHHAGANLALRajender KumarRajender KumarR/0391/30832/05/08/2009
KANTILAL CHHAGANLALRashmi AroraRashmi AroraR/0391/29610/11/06/2009
KANTILAL CHHAGANLALSantosh S. GaikwadSantosh S. GaikwadR/0391/00081/01/07/1998
KANTILAL CHHAGANLALSonaliSonaliR/0391/26546/31/12/2008
KANTILAL CHHAGANLALSudhakar J. SapkalSudhakar J. SapkalR/0391/18936/09/01/2008
KANTILAL CHHAGANLALSudhir Bansilal AkolekarSudhir Bansilal AkolekarR/0391/38503/13/09/2010
KANTILAL CHHAGANLALYasmin BardanwalaYasmin BardanwalaR/0391/00048/22/05/1998