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Karvy Sub Broker is a strong name in the stock market and has been extremely successful in every venture.
This overview will allow you to better understand the terms and conditions of Karvy Franchise.
This article will provide all the information you need about the company, including its business models and revenues.
| Highlight Karvy Sub-Broker | |
| Top Business Model | Sub Broker |
| Minimum Initial Investment | Rs.50,000 |
| Revenue sharing | 60% - 70% |
| Payout Time | 33 Days |
| Time to activate the SB Code | 20 days |
Karvy Franchise, a well-known public company, was founded in 1983 in Hyderabad, India. It offers a wide range of financial services, including full-service brokerage.
In just 20 days, a Karvy Subbroker can activate his Subbroker Code. The company pays out in 33 days.
| Karvy Business Partner Overview | |
| This is an overview of Karvy Franchise | |
| Which type of company is it? Public/Private | Public |
| What type of broker is it? | Full-Service Broker |
| Is the Headquarter in the right place? | Hyderabad, India |
| Who is the founder? | C Parthasarathy |
| What year was it established? | 1983 |
| How much time taken to activate the SB Code? | 20 days |
| What is the time it takes to get paid? | 33 Days |
Karvy Franchise offers three business models. These business models can be classified as Sub Broker, Master franchise, or Remisier.
The Referral Program privileges are not available to Karvy Sub-Brokers. Each business model is unique in many ways and each has its own set of advantages.
The Karvy Sub Broker Business Model does not require physical setup. All of the operations can be done online.
Karvy Master Franchisees need to be set up and have no customer target. This franchise can generate revenue of 5-10%.
Refer a friend and you can get perks in the Karvy Remiser model. Potential customers can be connected with them to earn commission.
| Karvy Franchise Models | |
| Learn about the different Business Models of Karvy | |
| Is there a Sub Broker model? | Yes |
| Are they able to refer people? | No |
| Are they able to offer Master Franchise Models? | Yes |
| Can this broker provide Remisier/Partner model? | Yes |
You can see the Revenue Sharing model for the company in the table above. It is shown that Karvy Sub Broker Commission for Master Franchise amounts to 5%-10% of the franchise. This is 60% to 70% for Sub Broker models.
40% is the Karvy Franchise Revenue sharing in Remisier. Referral Program does not offer a revenue sharing policy.
| Karvy Sub-Broker Revenue Sharing | |
| Get the details about Karvy Sub Broker Commission on all Business Models | |
| What revenue sharing is available for Sub Brokers? | 60% - 70% |
| Are they willing to pay Referral Program participants direct or share in the revenue? | NA |
| How much revenue share Master Franchise business is expected to bring in? | Franchises: 5%-10% |
| What revenue sharing is required for the Partner/Remisier model? | 40% |
To obtain a trading license, a sub-broker must deposit money with the broker company.
Karvy Sub Broker Investment in this instance is Rs. Rs. The security deposit required for the Remisier model is Rs. 10,000 to Rs. 10,000 and Rs.
Karvy Master Franchise Fees are Rs. Master Franchise Costs for Karvy are Rs. Karvy doesn't offer a Referral Program, so no security deposit is required.
| Karvy Franchise Security Debit | |
| Find out the Karvy Franchise cost requirements for each business model | |
| Minimum security deposit required for Sub Broker Program? | Rs.50,000 |
| Referral Program: Is there a security deposit? | NA |
| Minimum investment required for Master Franchise? | Rs.50,000 |
| What deposit is required for Partner/Remisier Model? | Rs. 10,000 - Rs.15,000 |
Karvy Subbroker Offers include two valuable offers, Flat Revenue Sharing or Flexible Revenue Sharing.
The Karvy Franchise offers do not offer any other offers, such as Zero Revenue Sharing with Prepaid, zero Deposit and 10k Initial Deposit.
| Karvy Sub-Broker Offers | |
| Below is a list of Karvy Franchise Offers for Clients | |
| Is it possible to offer flexible revenue sharing programs? | Yes |
| Do they offer Flat Revenue Sharing Offers? | Yes |
| Are they able to offer Prepaid payments and Zero Revenue Sharing? | No |
| Are they able to offer the Zero Deposit Scheme? | No |
| Is there a scheme for a 10k initial deposit? | No |
Karvy Partner Support is a well-known brand because of the helpful support they offer their business partners. Sub-brokers can receive special product training.
They receive back-office support. Karvy Franchise Support offers trading support and marketing support.
The company offers a variety of advice to sub-brokers who ask. The company doesn't provide training in how to deal with clients or how to acquire them.
| Karvy Business Support | |
| These are the Support Karvy Franchises that must provide support to their clients | |
| Do they offer Acquisition Training to their Associates | No |
| Do they offer training to dealers of sub-brokers | No |
| Are they able to offer Product Training to their business associates? | Yes |
| Can they provide support in the back office for the authorized individual? | Yes |
| Are they able to offer trading support for their business partners? | Yes |
| Do they share Advisory Support? | Yes |
| Does the broking house provide marketing support to sub-brokers as well? | Yes |
Karvy, like any other broking company, has infrastructural requirements protocols that it adheres to.
To be recognized as a business partner, any sub-broker or franchise must meet the Karvy Partner Requirement. Below are the infrastructural requirements.
| Karvy Partner Infrastructure Requirement | |
| Get the Infra needed to open a Karvy Franchise | |
| What are the qualifications of the franchisees? | Minimum 2 |
| Does the Sub Broker have to offer trading terminals? | Yes |
| Do I need to sign up for a franchise through the Internet Connection? | Yes |
| Is it mandatory that business partners have telephone lines? | Yes |
| Is it mandatory to offer Research Services through Sub Brokers | No |
| What size office area is required to become a sub-broker? | Minimum 300 Sq Ft |
Karvy has established clear and simple guidelines to determine eligibility for its business partners. These are the Karvy Sub-Broker Eligibility Criteria.
As an Equity Delivery Charge, a Karvy Partner charges between 0.1% to 0.3%. They charge Rs. for Equity Options and Currency Options. From Rs. 10 to Rs. 30 for a lot.
A Karvy Authorized person charges between 0.01% to 0.03% for Equity Futures and Currency Futures and Commodity, respectively.
| Karvy Sub broker - Brokerage Fees to Clients | |
| These are the brokerage fees that Karvy Sub Broker charges their clients | |
| What are Equity Intraday Charges? | 0.01% - 0.3% |
| What are the Equity Delivery fees? | 0.1% - 0.30% |
| What is the charge for Equity Options? | Rs.10 - Rs.30 per Lot |
| What are the Currency Options fees? | Rs.10 - Rs.30 per Lot |
| What are Equity Futures fees? | 0.01% - 0.3% |
| What are the charges for Currency Futures? | 0.01% - 0.3% |
| What are the charges for commodity trading? | 0.01% - 0.3% |
Karvy Franchise Fees do not include an account opening fee. Clients also have the opportunity to earn margin money, starting at zero.
Karvy Sub Broker charges a minimum amount of Rs. 500 is the AMC of a Demat account. This charge is for one year. AMC charges are not required for trading accounts. Each transaction costs as little as 0.0000325%
| Karvy Franchise: Account Opening Charges for Clients | |
| These are the account opening fees that Karvy Franchise charges their clients | |
| What are the account opening charges? | Zero |
| What is the Margin Money? | It all starts with zero |
| What is the Demat AMC charge? | Rs.500 per Annum |
| How much do Trading AMC fees cost? | Zero |
| What are the Transaction Charges? | 0.0000325 |
The above table shows the Karvy Franchise Ratings. The Revenue Sharing Model scored 3 out 5 points. Security Deposit policies received 2.9 points, while Experience got 2.1.
The company's offers have received 2.8 points, while the mobile app and trading platforms have earned a solid 3.2 points.
Karvy customers have awarded overall ratings of 2.8 points to their business partners. All Karvy Franchises have been awarded 3 stars.
Karvy Sub Broker Review clearly demonstrates that they have performed well with above average ratings and customers are satisfied with their services.
| Karvy Franchise Customer Ratings | |
| Client Ratings and Reviews against multiple parameters of Karvy | |
| Based on the Revenue Sharing Model of Franchisor | 3.00 / 5. |
| Ratings based on the security deposit provided by the company | 2.90 / 5. |
| Based on Experience in the Sub-Broker Business | 2.10 / 5. |
| According to the Broking Franchise Offers | 2.80 / 5. |
| Ratings for Mobile Trading Apps & Trading Platforms | 3.20 / 5. |
| Sub-Broker Franchise Ratings | 2.80 / 5. |
| Star Ratings |
Under the constant guidance of Karvy, all Karvy Sub Brokers and Karvy Franchises have performed exceptionally well. Karvy offers all kinds of services to its business partners.
Franchises and sub-brokers can prosper by using business models that have good revenue sharing strategies.
You should get in touch with them immediately if you're interested in partnering with them.
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