Kunvarji Finstock is a key player in the stock market with hundreds of Kunvarji Finstock Sub Broker working under them across India.
Gujrat is a land of business and Kunvarji Finstock situated here has been running for many decades without any looking back. The company runs its business through all the Kunvarji Finstock sub-brokers whose details like revenue sharing structure, offers and services will be discussed in this article.
The article will also throw light on the Kunvarji Finstock franchises that are running in and out of the city to expand the business and clientele of the company. Apart from these, you can also read about the brokerage plans of the company and about its customer ratings and related many other details which may help you take a wise decision about your investment.
Kunvarji Finstock Franchise – Customer Ratings
Find below table to know Customer Ratings of Kunvarji Finstock Sub Broker:
|Revenue Sharing Model||2.3/5|
The customer ratings of the Kunvarji Finstock depicts the average likeness towards the services of the company followed by a 2.3 rating. The customer’s experience has been rated at 2.2 which also shows that customers are satisfied with the experience but not extremely happy with it.
The products of the company are rated at 2.5 and trading platforms at 2.3 which shows that they are well accepted by the customers and the partners. Partners of Kunvarji Finstock are more or less happy with the support they get from the company though they are not that happy with the offers.
Security deposit requirement seems to be beneficial for the partners as it is rated at 2.5. The overall rating stands at 2.3 which shows the company needs to focus a little more on its customers.
Overview of Kunvarji Finstock Franchise / Sub Broker
Details about Kunvarji Finstock Franchise is given in the below table:
|Broker type||Full Service Broker|
|Founder||Kunvarjibhai Roopshibhai Thakkar|
|SB Code Activation Time||35 Days|
|Payout Time||35 Days|
Established in the year 1960, Kunvarji Finstock is running for 59 years straight without being affected by the ups and downs in the city of Gujrat. It has its headquarter in the city and it is spread across other cities and states by means of sub-brokers and franchises.
The company was founded by Kunvarjibhai Roopshibhai Thakkar as a full-service broker who provides all kinds of share broking services.
The private firm has an array of sub-brokers and franchises working under it with a sub-brokers code activation time being 35 days. The company pays out its partners within 35 days as well which is the maximum payout time of the company.
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Kunvarji Finstock Sub Broker – Business Models
Find below table for details:
Kunvarji Finstock Sub Brokership
This model can have an end number of sub-brokers working to build their own customer base and generate revenue by selling services of the company. The company provides a percentage of the revenue to the sub-brokers against their services and according to the revenue sharing structure which you can read in the next section.
Kunvarji Finstock Master Franchise
The Kunvarji Finstock business model of the master franchise is comprised of various franchises located in different places, have their own clientele. The franchises sell products and services of Kunvarji Finstock to the clients and customers they have acquired and earn commission on the revenue generated.
There can be only one franchise within a particular area so, this franchise business model enjoys a kind of monopoly market in that particular area.
Kunvarji Finstock Sub Broker Commission / Revenue Sharing
Find below table to know Kunvarji Finstock Securities Franchise Commission Models and Revenue Sharing Models:
|Master Franchise||75% – 80%|
|Sub Broker||50% – 70%|
The revenue sharing structure of Kunvarji Finstock is quite simple and depends on the amount of investment made by the partner. If the franchise makes the highest amount of investment in the company for taking franchise ownership then it will be entitled to receive 80% of the revenue generated by them while the minimum investment can get them 75% of the revenue.
The sub-brokers can fetch 50% revenue by keeping a minimum deposit in the company while taking the sub brokership license and if they can keep the maximum deposit, they can earn a whopping 70%.
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Kunvarji Finstock Franchise Cost / Security Deposit
Below Tables gives a good understanding of Kunvarji Finstock Securities Franchise Cost:
|Master Franchise||Rs.150000 – Rs.300,000|
|Sub Broker||Rs.50,000 – Rs.100,000|
Franchise cost of Kunvarji Finstock is comparatively very lower than its peers which makes the franchise owners quite happy about it. The franchise ownership can be taken with Rs. 1.5 lakhs and the maximum amount a franchise can invest is Rs. 3 lakhs.
The sub-brokers can start their business with a security deposit of Rs. 50000 as a minimum while the maximum amount of deposit can be Rs. 100000.
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Kunvarji Finstock Partner Infrastructure Requirement
Check the table to know Kunvarji Finstock Partner Infrastructure Requirement:
|Office Area||Minimum 200 Sq Ft|
|Employee Strength||Minimum 2|
The partners of the Kunvarji Finstock need to meet certain guidelines to become the franchise or sub-brokers of Kunvarji Finstock. Here are some of the Kunvarji Finstock infrastructure requirements which are the most crucial criteria to be met to become eligible.
- The office of the partners must have more than 200 square feet of area.
- The office must have a minimum number of two employees working in it as full-time
- The office must be equipped with research services and internet facilities so that the clients get the best services from the partners.
Kunvarji Finstock Sub Broker Offers
Find below various The Kunvarji Finstock Capital Share Sub Broker Offers:
|10k Initial Deposit||No|
|Flexible Revenue Sharing||Yes|
|Flat Revenue Sharing||No|
|Zero Revenue Sharing with Prepaid||Yes|
The offers of the Kunvarji Finstock are –
- It provides a flexible revenue sharing structure to the partners
- The partners can get the 100% revenue if they pay in advance
- The company provides support and training facilities to the partners
- The investment required for becoming partners is quite low
- Earning potential is, on the contrary, is very high
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Kunvarji Finstock Franchise Support
Below table consist of various support provided by Kunvarji Finstock Authorised Person program:
The Kunvarji Finstock supports its partners by providing marketing related assistance. The partners get help on how to market the products and services of the company. Along with it, they are also supported on back-office needs they have.
The company provide dealing training to the partners in order to make them well acquainted with the dealing process and last but not the least they provide advisory support also.
Kunvarji Finstock Authorised Person – Brokerage Charges to Clients
The table gives proper information of Kunvarji Finstock Brokerage charges levied to its Franchise Clients:
|Equity Options||Rs.45 per Lot|
|Currency Options||Rs.25 per Lot|
The equity delivers transactions are charged at 0.45% whereas the equity options and currency options are charged at Rs. 45 and Rs. 25 flat for each lot. The company doesn’t deal in commodities, rest currency and equity futures and equity intraday transactions are charged at 0.05%.
Kunvarji Finstock Partner – Account Opening Charges to Clients
The table gives proper information of Kunvarji Finstock Account opening charges levied to its Franchise Clients:
|Account Opening Charges||Zero|
|Margin Money||Zero Margin|
The company has no account opening charges and even no maintenance charges at all. The transactions are only charged at 0.00315%. The margin money requirement is also not there. This is a unique concept where the company takes no charges for maintaining the account of the clients and customers. This facilitates many small and new investors to start investing.
Benefits of Kunvarji Finstock Partner Program
The Kunvarji Finstock Sub-brokers program is beneficial for the sub-brokers as –
- No margin money and no account opening charges
- High earning potential for the partners with very low investment
- Transparent and easy revenue sharing
Become a Sub Broker with Kunvarji Finstock – Just Fill up the form
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