Saaketa Consultants is a key player in the stock market with hundreds of Saaketa Consultants Sub Broker working under them across India.
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 Franchise – Customer Ratings
Find below table to know Customer Ratings of Saaketa Consultants Sub Broker:
|Revenue Sharing Model||2.3/5|
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:
|Broker type||Full Service Broker|
|Founder||Y K Hamied|
|SB Code Activation Time||35 Days|
|Payout Time||35 Days|
Saaketa 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
Compare Sub Broker Franchise
Saaketa Consultants Sub Broker – Business Models
Find below table for details:
Saaketa Consultants provide sub-brokership to individuals and entities who want to work along with them. The Saaketa Consultants Sub Brokers business model is described below –
Saaketa Consultants Sub Broker / Authorised Person Model
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:
|Sub Broker||60% – 75%|
|Remisier||15% – 25%|
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%.
Check Revenue Sharing Models of other Stock Broking Franchise
Saaketa Consultants Franchise Cost / Security Deposit
Below Tables gives a good understanding of Saaketa Consultants Franchise Cost:
|Sub Broker||Rs.50,000 – Rs.100,000|
|Remisier||Rs.10,000 – Rs.25,000|
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 Area||Not Mandatory|
|Employee Strength||Minimum 1|
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:
|10k Initial Deposit||Yes|
|Flexible Revenue Sharing||Yes|
|Flat Revenue Sharing||Yes|
|Zero Revenue Sharing with Prepaid||No|
- The partners can keep Rs. 10000 as 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:
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 Options||Rs.17 per Lot|
|Currency Options||Rs.17 per Lot|
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 AMC||Rs.339 per Annum|
|Account Opening Charges||Rs.300|
|Margin Money||Minimum 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
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