Saaketa Consultants Sub Broker / Franchise / Authorised Person / Partner Review

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

Summary
Top Business ModelSub Broker
Revenue Sharing60% – 75%
Security DepositRs.50,000 – Rs.100,000
Become Sub Broker in35 Days
Receive Payout in35 Days
FounderY K Hamied
Established Year1995

Saaketa Consultants is a full-service broker and it has a well-developed network of customers and business partners. In this article, we will see how it shares its revenue with its partners, what are it’s business models, the number of deposits the partners have to keep with the company.

On the customer’s front, this article will guide you about the present and old customers experience with the company, customer’s ratings, brokerage plans, and the other charges and many other minute details you would like to know before investing your hard earned money with the company.


Saaketa Consultants


Saaketa Consultants Franchise – Customer Ratings

Find below table to know Customer Ratings of Saaketa Consultants Sub Broker:

Experience2.2/5
Services2.3/5
Products2.5/5
Trading Platforms2.3/5
Support2.4/5
Revenue Sharing Model2.3/5
Security Deposit2.5/5
Offers2.2/5
Market Share2.3/5
Overall Ratings2.3/5
Star Ratings★★★☆☆

On average, the Saaketa Consultants customer ratings stand at 2.3 points which is a fair rating as per the industry. The rating of 2.5 for the products depicts that the customers are really happy with them while the services are little left behind at 2.3. It seems like the sub-brokers are really happy with the amount of deposit they keep and it is rated at 2.5.

The support they get also seems satisfied with a rating of 2.4.


Overview of Saaketa Consultants Franchise / Sub Broker

Details about Saaketa Consultants Franchise is given in the below table:

Company TypePublic
Broker typeFull Service Broker
HeadquartersHyderabad, A.P
FounderY K Hamied
Established Year1995
SB Code Activation Time35 Days
Payout Time35 Days

Saaketa Consultants Sub BrokerSaaketa Consultants is a public limited company which has headquarter in Hyderabad. The company was founded by Y K Hamied in the year 1995. The company is a full-service broker and runs its business through its business partners.

If you are interested in becoming a sub-broker of this company you need to know that the sub-brokers code activation time is 35 days and the payout time is also the same – 35 days.


Become a Sub Broker with Saaketa Consultants – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


Compare Sub Broker Franchise

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Saaketa Consultants Sub Broker – Business Models

Find below table for details:

Master FranchiseNo
Sub BrokerYes
RemisierYes
Referral ProgramNo

 

Saaketa Consultants Sub Brokership

The sub-brokers work independently and acquire their own clients. The sales are also made by them only by pitching the right products and services for the right customers. Once they generate revenue, the company shares a portion of the revenue with the sub-brokers.

Saaketa Consultants Remisier

They are the agents who get leads for the company and let the company do the rest of the work of dealing with the customers. If any lead is converted into sales then the company provides a percentage of revenue to the Remisier.


Saaketa Consultants Sub Broker Commission / Revenue Sharing

Find below table to know Saaketa Consultants Franchise Commission Models and Revenue Sharing Models:

Master FranchiseNA
Sub Broker60% – 75%
Remisier15% – 25%
Referral ProgramNA

Saaketa Consultants shares revenue in accordance with the amount of deposit or the investment the partners make in the company. So, for the sub-brokers, the revenue sharing ratio starts from 60% and goes up to 75% while the Remisier gets a minimum of 15% on the leads converted to revenue and the maximum they can get is 25%.


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Saaketa Consultants Franchise Cost / Security Deposit

Below Tables gives a good understanding of Saaketa Consultants Franchise Cost:

Master FranchiseNA
Sub BrokerRs.50,000 – Rs.100,000
RemisierRs.10,000 – Rs.25,000
Referral ProgramNA

Since the revenue is dependent on the security deposit, so, it is at the discretion of the partners how much they want to invest and earn accordingly. So, the minimum deposit that a sub-broker has to keep is Rs. 50000 while the maximum is Rs. 100000.

The Remisier can start with Rs. 10000 and the amount can go up to Rs. 25000 if they want the highest revenue percentage.


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Saaketa Consultants Partner Infrastructure Requirement

Check the table to know Saaketa Consultants Partner Infrastructure Requirement:

Office AreaNot Mandatory
Employee StrengthMinimum 1
Research ServicesNo
Internet ConnectionYes
Trading TerminalsNo
Telephone LinesYes

The partners need to meet the following Saaketa Consultants infrastructure requirements

  • They need to have one full-time employee working under them
  • The office is required there is no minimum space requirement, it is at your discretion as for the sub-broker
  • The place from where you do the business must be equipped with telephone and internet connection.

Saaketa Consultants Sub Broker Offers

Find below various The Saaketa Consultants Sub Broker Offers:

Zero DepositNo
10k Initial DepositYes
Flexible Revenue SharingYes
Flat Revenue SharingYes
Zero Revenue Sharing with PrepaidNo
  • The partners can keep Rs. 10000 as an initial deposit and start with the business and eventually pay the remaining amount of deposit.
  • The potential earning is quite high and the investment required is nominal
  • The flexible revenue sharing helps the partners
  • The partners can also opt for flat revenue sharing
  • There are various services and products

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Saaketa Consultants Franchise Support

Below table consist of various support provided by Saaketa Consultants Authorised Person program:

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

Saaketa Consultants partners get various support from the company and to name a few are like back-office support. Then the company also provides advisory support for advising the best for the clients. Then the partners are trained in the acquisition of the clients and they are trained for every new product launched so that they can pitch them well in the market.


Saaketa Consultants Authorised Person – Brokerage Charges to Clients

The table gives proper information of Saaketa Consultants Brokerage charges levied to its Franchise Clients:

Equity Delivery0.17%
Equity Intraday0.02%
Equity Futures0.02%
Equity OptionsRs.17 per Lot
Currency Futures0.02%
Currency OptionsRs.17 per Lot
Commodity0.02%

The Saaketa Consultants brokerage charges are –

  • The equity intraday transactions along with equity futures, currency futures, and the commodities are charged at 0.02%.
  • If you are making equity delivery transactions then it is 0.17%.
  • The options are charges at Rs. 17 per lot for both equity and currency.

Saaketa Consultants Partner – Account Opening Charges to Clients

The table gives proper information of Saaketa Consultants Account opening charges levied to its Franchise Clients:

Demat AMCRs.339 per Annum
Trading AMCFree
Account Opening ChargesRs.300
Transaction Charges0.00298%
Margin MoneyMinimum Rs.5,000

The account opening charges of Saaketa Consultants is Rs. 300 while you can maintain the trading account for free every year. The Demat account maintenance charge is Rs. 339 per year. The amount of deposit you keep as a margin must be Rs. 5000 at any given point of time while you are trading. The transaction cost of the government implied is 0.00298%.


Benefits of Saaketa Consultants Partner Program

The Saaketa Consultants Sub-brokers program is beneficial for the sub-brokers as –

  • Minimum margin money requirement
  • Very nominal brokerage charges
  • High earning potential for the partners with low investment
  • Friendly customer support

Become a Sub Broker with Saaketa Consultants – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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