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SBICAP Securities Franchise is a franchise of the best-known financial services company SBICAP Securities.
SBICAP Securities Sub Broker franchise holders or SBICAP Franchise Holders are a great business opportunity and a source of pride.
This article will discuss the many avenues that the stockbroking company offers franchise holders. You will be fascinated by their revenue sharing models, security deposit requirements, and eligibility criteria for joining the firm.
| SBICap Securities Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Minimum Initial Investment | Rs.150,000 to Rs.250,000 |
| Revenue sharing | 55% - 70% |
| Payout Time | 31 days |
| Time to activate the SB Code | 3-4 Weeks |
SBICAP is a public organization under SBI. Its headquarters are in Mumbai. This full-service broker has been in business for more than 10 years and began its stockbroking journey back in 2006.
Smt. Varsha Purandare founded the company as a traditional brokerage with all the investment solutions that investors require.
SBICAP Securities Franchise was established as one of the principal business ideas of the company. The SBICAP Security Sub Broker must apply for the position. They receive their sub-brokers codes within 3-4 weeks. The payments are made within 31 days.
| SBICap Securities Business Partner Overview | |
| This is an overview of SBICap Securities 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? | Mumbai, India |
| Who is the founder? | Smt. Varsha Purandare |
| What year was it established? | 2006 |
| How long does it take to activate the SB Code? | 3-4 Weeks |
| What is the time it takes to get paid? | 31 days |
You can register as a SBICAP Securities business partner if you're interested in joining the SBICAP Securities.
This business model requires that the candidates are required to deposit a security sum and then they will be assigned their sub-brokership right.
Sub-brokers have the duty of establishing a strong client base and making as many sales to them as possible so that the stock-broker can generate revenue.
Sub-brokers must pitch the broker's products or services according to the client's needs. The broker and the subbroker share the revenue in a set ratio.
SBICAP Securities Franchises are monopoly types of businesses in a specific area. Because there can only be one master franchise per stock broker in any given area, it is called a monopoly.
The franchise holder has the full power and authority to create the clientele. This business model has a higher investment requirement than sub-brokers.
The work process is the same. The franchise holder also earns more revenue than sub-brokers. This will be discussed in the next section.v
| SBICap Securities Franchise Models | |
| Learn about the different Business Models of SBICap Securities | |
| Is there a Sub Broker model? | Yes |
| Are they able to refer people? | No |
| Offer Master Franchise Models? | Yes |
| Provide Partner model? | No |
SBICAP Securities Franchise Revenue sharing is simple and much more than the sub-brokers commission. Franchise holders receive a minimum 55% share of the revenue generated with the minimum investment.
Franchise holders can earn 75% of the maximum revenue. This is in addition to the maximum investment.
The minimum SBICAP Securities Sub Broker Commission Commission is 55%. The maximum sub-broker can make 70% of the revenue generated for the firm.
You can compare the revenue structure to other popular brokers' revenue models and you'll see that sub-brokers get paid well, but that the franchise holder's share of the revenue is significantly lower than other franchise models for peer stockbrokers in this country.
| SBICap Securities Sub Broker Revenue Sharing | |
| Get the details about SBICap Securities Sub-Broker Commission for all Business Models | |
| What revenue sharing is available for Sub Brokers? | 55% - 70% |
| DO they pay referral program participants directly or share revenue? | NA |
| Estimated revenue sharing Master Franchise business? | 55% - 75% |
| Revenue sharing for the Partner model? | NA |
SBICAP Securities Sub Broker Investment essentially refers to the security deposit that the client must keep with the company in order to obtain the rights to sub-brokership.
Candidates who apply for sub-brokership rights are eligible if they deposit at least Rs. 1.5 lakhs.
This is the minimum amount you must deposit with the firm. In return, you will be paid the minimum revenue described in the previous section. Sub-brokers have the option to increase their deposits up to 2.5 million and can also earn the maximum revenue share.
Although Master franchise holders do not earn more than sub-brokers or are less than their peers, the SBICAP Securities franchise cost is very high.
The franchise fee is a minimum of Rs.400,000, which is more than many other franchise models in the sector. They also charge a maximum of Rs.10,000,000. This is excessive and not justified as they only give 75% of their revenue.
| SBICap Securities Security Deposit | |
| Find out the SBICap Securities franchise cost requirements for each business model | |
| Minimum security deposit for Sub Broker Program? | Rs.150,000 to Rs.250,000 |
| Referral Program: Is there a security deposit? | NA |
| The minimum investment for Master Franchise Model? | Rs.400,000 - R.1,000,000 |
| Deposit required for Partner/Remisier Model? | NA |
You can benefit from a variety of SBICAP Securities Sub-Broker Offers. Some offer a 10k initial deposit.
If you have less capital but want to start your business immediately, you can deposit Rs.10,000, and not the entire amount.
After the business has started to generate profit, or after a period of time, you will need to make up the difference and meet the minimum deposit requirements.
The SBICAP Securities Franchise Opportunities also offer flexible revenue sharing. This is for top sub-brokers as well as franchise holders who generate large business for the broker. They can get higher or lower revenue sharing options.
| SBICap Securities Sub Broker Offers | |
| Below is a list of SBICap Securities franchise offers for clients | |
| Are they able to offer flexible revenue sharing? | Yes |
| Do they offer Flat Revenue Sharing? | No |
| Offer a zero revenue sharing model and prepaid payments? | No |
| Are they offering a Zero Deposit Scheme? | No |
| Do they offer a 10k Initial Deposit Scheme? | Yes |
SBICAP Securities Franchise Support is highly recommended and one of the most respected in the industry. It takes great care of franchise owners and sub-brokers. The company trains its sub-brokers in the acquisition of clients and product training.
These training are offered to improve their acquired skills and knowledge about products, which is a mandatory requirement for franchise owners and sub-brokers.
SBICAP Securities partner support includes back-office support, trading support, and marketing support.
| SBICap Securities Business Partners Support | |
| These are the Support SBICap Securities Franchises need to offer to their clients | |
| Are they able to offer Acquisition Training to their Associates? | Yes |
| Provide training for dealers of sub-brokers? | No |
| Offer Product Training to their business partners? | Yes |
| Provide back-office support for the authorized person? | Yes |
| Provide trading support to their business partners | Yes |
| Do they share Advisory Support? | No |
| Any marketing support provided by the broking house to sub-brokers? | Yes |
The following SBICAP Securities Sub Broker Infra Requirements are listed:
The SBICAP Securities Partner Requirement to the Infrastructure seems like the firm places high priority on this requirement and is very strict about it as they have a good reputation as SBICAP.
They are not required to use research services and they don't have any other requests.
| SBICap Securities Partner Infrastructure Need | |
| Get the Infra needed to open an SBICap Securities Franchise | |
| How strong are the employees required to open this franchise? | Minimum 3 |
| Is it compulsory for the Sub Broker to provide 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 for Subbrokers to offer Research Services? | No |
| What size office area is required to become a sub-broker? | Minimum 200 Sq Ft |
SBICAP Securities Franchise Eligibility: The sub-broker and franchise holder must have these badges. Otherwise, you will not be able to pass their screening.
SBICAP Securities Authorised person Charges, clients, the brokerage according to the broker's market rates.
The rates for each segment are very high, as you can see in the table. This firm charges high brokerage fees, whether it's intraday or options.
The SBICAP Securities Partners Charges are justified because it has the trust and support of SBI. You get the best service and, most importantly, the highest level of security for your accounts.
| SBICap Securities Sub-Broker - Brokerage Fees to Clients | |
| These are the brokerage fees that SBICap Securities Sub Broker charges their clients | |
| What are Equity Intraday Charges? | 0.05% |
| What are the Equity Delivery fees? | 0.50% |
| What is the charge for Equity Options? | Rs.100 per Lot |
| What are the Currency Options fees? | Rs.100 per Lot |
| What are Equity Futures fees? | 0.05% |
| What are the charges for Currency Futures? | 0.05% |
| What are the charges for commodity trading? | 0.05% |
At the moment, the SBICAP Securities Sub-Broker Charges for account opening by clients is Rs.699 As you can see, the firm charges more for Demat account opening. It does not charge for the trading account or its annual maintenance.
If your clients are eligible, the Demat maintenance may be waived or they will need to pay Rs.400 annually.
Your client should keep Rs. 10,000 as a minimum amount, which is reasonable in the market.
| SBICap Securities Franchise-Account Opening Charges for Clients | |
| These are the account opening fees levied by SBICap Securities Franchise on their clients | |
| What are the account opening charges? | Rs.699 per Annum |
| What is the Margin Money? | Rs. 10,000 |
| What is the Demat AMC charge? | Free or Rs.400 Per Annum |
| How much do Trading AMC fees cost? | Zero |
| What are the Transaction Charges? | 0.00% |
SBICAP Securities Sub-Broker Review shows that they are not satisfied with the offers they receive, as their rating is only 2.
According to the SBICAP Securities franchise ratings from clients, the overall rating is 2.8. This is not too bad compared to its peers. The customer experience was rated at 3.4 points out of 5, which is very good.
| SBICap Securities Franchise Ratings | |
| Client Ratings and Reviews against multiple parameters of SBICap Securities | |
| Based on the Revenue Sharing Model of Franchisor | 2.9 / 5. |
| Ratings based on the security deposit provided by the company | 2.8 / 5. |
| Based on Experience in the Sub-Broker Business | 3.4 / 5. |
| According to the Broking Franchise Offers | 2.7 / 5. |
| Ratings for Mobile Trading Apps & Trading Platforms | 2.7 / 5. |
| Sub-Broker Franchise Ratings | 2.8 / 5. |
| Star Ratings |
SBICAP Securities Franchise is undoubtedly one of the most trusted franchises in the country. The franchise owners are not happy with the higher investment requirements or the lower revenue sharing, however.
SBICAP Securities Sub Brokers get paid more than the market and have similar investment requirements.
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