Raghunandan Money Sub Broker / Franchise / Authorised Person / Partner Review

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

Raghunandan Capital

Raghunandan Capital have more than 200 branches in different cities. It was incorporated in 2004 with more than 300 members in our dedicated team spanning more than 650 sites. They are one of the leading integrated financial services groups, offering a full range of products and financial services.

They were awarded for prestigious Times of India Brand Excellence on year 2015 in Financial Services. Contributes about 3-4% of MCX daily turnover and marked as top 10 brokers on MCX. By achieving 8% of NCDEX daily turnover they proved themself top 5 brokers on NCDEX. They have Advanced CRM Technology Platform like Talisma & Drishti.

This is a comprehensive review of Raghunandan Capital franchise offers and the sub broker offers, the model for franchise revenue sharing, the mandate for SMC partners to secure deposit and other key features.


Raghunandan Money Franchise – Customer Ratings

Find below table to know Customer Ratings of Raghunandan Money Sub Broker:

Experience2.5/5
Services2.6/5
Products2.5/5
Trading Platforms2.4/5
Support2.6/5
Revenue Sharing Model2.4/5
Security Deposit2.3/5
Offers2.5/5
Market Share2.4/5
Overall Ratings2.5/5
Star Ratings★★★☆☆

Raghunandan franchisee’s Customer ratings show that customers are quite pleased with their service. The overall rating is 2.4 out of 5.

  • Raghunandan is a broker and in a short term, they have proven to be one of the well-known and has achieved many prestigious awards.
  • Customers are fulfilled with their online Back Office Linked directly to Trading Platform.
  • Their existence customers can access both with a single sign on.
  • They provide the completely Safe & Secure Payment Gateways with high-end encryption features
  • Customers enjoy ultra-high trading platform speed with the highest of security features at ODIN Trading Platform.
  • Customers can customize your trading platform and it is easy to use features.
  • Their clients are satisfied with access to back-office reports online.

Overview of Raghunandan Money Franchise / Sub Broker

Details about Raghunandan Money Franchise is given in the below table:

Company TypePrivate
Broker typeFull Service Broker
HeadquartersAgra, U.P
FounderSAURABH MITTAL
Established Year2010
SB Code Activation Time25 Days
Payout Time4-5 Weeks

Raghunandan Money Sub BrokerRaghunandan Capital Franchise is a private entity firm full-service broker. It was established by Saurabh Mittal in the year 2010, at Agra, U.P as its headquarters. On 2015, they achieved 100%  expansion of 100% year-on-year in Equity Volumes.

They are affiliated with all leading exchanges – NSE, BSE, MCX-SX, MCX, NCDEX  & Depository with CDSL. They are IRDA approved Corporate Broker for Insurance &  AMFI impaneled for Mutual Funds Services.

They were the winner of the Star Key Partner Award from HDFC Mutual Funds and Super Achievement Award from IFFCO-Tokio General Insurance.

They take a time period of 25 days for activation of SB Code and 4-5 Weeks for payout time.


Become a Sub Broker with Raghunandan Money – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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Raghunandan Money Sub Broker – Business Models

Find below table for details:

Master FranchiseNo
Sub BrokerYes
RemisierNo
Referral ProgramYes

 

Raghunandan Money Sub Brokership

Fee from the sub broker is very nominal. The contract for becoming a business partner is a confederal agreement between the stock agent and the Raghunandan Capital. Sub broker register with SEBI, all sub-brokers are required to have prior experience.

Raghunandan Money Referral Program

Raghunandan Capital runs a referral program known as ADDvantage. It is a unique client referral program.

They pay against the refer of the name & contact No. of friends, family & colleagues would be looking for following:

  • Investing in Stocks
  • Share Trading
  • Buying IPOs
  • Commodities Trading

They pay Rs 50 for each lead. Rs 250 per account is paid for every account opened by the references. For every trade their refer do with them, they offer 10% on brokerage.


R Money Sub Broker Commission / Revenue Sharing

Find below table to know Raghunandan Money Franchise Commission Models and Revenue Sharing Models:

Master FranchiseNA
Sub Broker60% – 80%
RemisierNA
Referral ProgramRs.999 per Refer

Raghunandan’s revenue-sharing model is very competitive. The sales ratio fits into the industry and fits into its category with the leading market players.

It offers small business ownership to the business associate or franchisee independence, funded by the benefits of service and product.

  • Sub-broker partnerships with commission can be contracted through a sales-share of 60% – 80%.
  • References offer revenue sharing of Rs.999 per reference through the References program.

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Raghunandan Money Franchise Cost / Security Deposit

Below Tables gives a good understanding of Raghunandan Money Franchise Cost:

Master FranchiseNA
Sub BrokerRs.50,000 – Rs.150,000
RemisierNA
Referral ProgramZero

Security Deposit is the deposit Raghunandan holds for any sub – broker default. In addition, Raghunandan securities call for a specific initial investment, including proper office space, workstations, and telephone connections. The franchisees are legally obliged to pay a deposit which led to the subsequent signature and purpose of the franchise agreement.

  • Sub Broker has to make a security deposit of minimum Rs.50,000 to Rs.150,000.
  • To be part of the referral program, a security deposit is not required.

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Raghunandan Money Partner Infrastructure Requirement

Check the table to know Raghunandan Money Partner Infrastructure Requirement:

Office AreaMinimum 100 Sq Ft
Employee StrengthMinimum 1
Research ServicesNo
Internet ConnectionNo
Trading TerminalsYes
Telephone LinesNo

Infrastructure arrangements are useful for any business it necessitates highly-skilled workers and basic services required to get started.

  • Franchisee shall maintain the office area of at least 100 Sq Ft.
  • Employee strength in the office should be at least one so that they can handle customers.
  • Research services and report are provided by Raghunandan securities and this should be provided to their customers.
  • There is no obligation to retain Internet connections and telephone lines.
  • Trading terminals for customers should be arranged, i.e. online and mobile terminals.

Raghunandan Money Sub Broker Offers

Find below various Raghunandan Money Sub Broker Offers:

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

Raghunandan admires the contribution sub-broker makes to business and growth and therefore guarantees that sub-broker are recompensed with such offers as:

  • Raghunandan securities agree for zero deposit
  • Initial Deposit of Rs 10,000 is necessitated.
  • They allow using revenue sharing to implement flexible prices.
  • No pre-payment sharing of zero income is allowed.
  • Model flat – rate brokers are not permitted.

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Raghunandan Money Franchise Support

Below table consist of various support provided by Raghunandan Money Authorised Person program:

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

They help their franchisee by providing the following facility to their customers which help to retain clients.

  • Website developed in latest html5 responsive technology.
  • Giving customers the freedom to browse across multiple devices of their choice
  • Customer Services powered by Talisma CRM, one of the best CRM solutions in the world
  • Client Phone & Call Management by Drishti CRM, rated among the world’s topmost communication platforms.
  • Exclusive Trading tools – Quant, Pi, Algo & much more which are our specialties.
  • Customers can modify and use that their own trading platform.
  • They give access to your online reports on the back office 24 hours a day.
  • They provide Advisory Support.

Raghunandan Money Authorised Person – Brokerage Charges to Clients

The table gives proper information of Raghunandan Money Brokerage charges levied to its Franchise Clients:

Equity Delivery0.35%
Equity Intraday0.04%
Equity Futures0.04%
Equity OptionsRs.35 per Lot
Currency Futures0.04%
Currency OptionsRs.15 per Lot
Commodity0.04%

Raghunandan charge a bit high brokerage. All exchange and regulatory fees are included in as brokerage charge.

  • They charge 0.35% for equity delivery.
  • They charge 0.04% for the intraday trading of the equities and also for equity futures, currency futures.
  • For the equity options, the charge is flat Rs. 35 per lot
  • For currency options, it is Rs. 15 per lot.
  • For trading in MCX 04% brokerage are charged.

Raghunandan Money Partner – Account Opening Charges to Clients

The table gives proper information of Raghunandan Money Account opening charges levied to its Franchise Clients:

Demat AMCRs.250 per Annum
Trading AMCFree
Account Opening ChargesRs.250
Transaction Charges0.00299%
Margin MoneyMinimum Rs.5,100

Opening fees are described in the table below.

  • The demat account for trading is charged Rs.250 per Annum.
  • Trading charges for clients they charge are free.
  • Account opening charges for clients is Rs. 250.
  • They charge 0.00299% of the total amount as transaction charges. Transaction charges are charged on both sides of the trading and are same for both intraday & delivery.
  • A margin deposit of minimum Rs. 5100 a trader needs to put up in order to open a leveraged trading position.

Benefits of Raghunandan Money Partner Program

Raghunandan Capital understands the contribution made by sub-brokers to their growth and therefore guarantees that the sub-brokers are compensated with the right offer:

  • A dynamic ratio of revenue sharing.
  • Waving off initial cash margins.
  • Assistance for front – office setup.
  • Demat/Trading offers delayed brokerage charges
  • Increased credit limit.
  • Easy and take less time to open an account.

Become a Sub Broker with Raghunandan Money – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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