Anand Rathi Franchise / Sub Broker / Partner Review
Last Updated Date: Apr 17, 2023Anand Rathi Franchise is a well-known Sub Broker Franchise business based out in Mumbai.
Let’s have a detailed Anand Rathi Franchise Review & in-depth understanding of Anand Rathi Sub Broker Offerings, Anand Rathi Revenue Sharing Models & other features of the Anand Rathi Partner Program.
Table of Contents
- Rating & Review
- Overview
- Business Models
- Commission
- Investment
- Offers
- Eligibility Criteria
- Support
- Documents Required
- Pros & Cons
- Earning Potential
- FAQs
- Become an Anand Rathi Partner Now!
Anand Rathi Franchise Ratings & Review by Top10StockBroker
Anand Rathi Franchise Review & Ratings | |
Criteria | Ratings |
Experience | 7.0/10 |
Market Share | 6.0/10 |
Products & Services | 6.5/10 |
Revenue Sharing | 7.5/10 |
Holistic Support | 6.5/10 |
Overall Ratings | 6.7/10 |
About Anand Rathi Franchise
As we know, Anand Rathi is a leading Full-service broker and was established in 1994 by Mr Anandrathi and Pradeep Gupta.
Since then, this financial firm has made its presence across India and abroad (Dubai and Bangkok). In 2007, the CVCI group (Citigroup Venture Capital International) joined Anand Rathi as a financial partner.
This company provides most financial and advisory services that include equities, commodities, investment banking, mutual funds, wealth management, insurance, and corporate advisory.
Their economic research team is very dedicated and powerful that maintains excellent standards for the company’s growth and client benefits. At present, there are more than 450 outlets across India.
Curiosity cannot be satisfied with just this and we know that. Check out other details regarding Best Sub Brokers India.
Eligibility for Anand Rathi Franchise
Minimum 2-3 years of experience selling financial products, a person with a good track record and reputation, and the capacity to initially invest 2-3 lakhs in starting the business.
Types of Anand Rathi Franchise
Currently, Anandrathi is offering two types of Franchise business:
- Self- Setup Sub broker
- Remisier (zero infra cost)
Start your Broking Business with Anand Rathi Franchise
Types of Business / Partnership Models & their Benefits
Self-setup Sub-broker
The sub-broker partnership model is one of this firm’s most popular business models. Under this business model, you can join the firm as an Authorised Person (Sub-broker).
You have to invest around Rs. 2 lakhs to Rs. With three lakhs, you can earn between 50% and 80% of the revenue.
Benefits of Sub-brokers of Anand Rathi
- Exceptionally high revenue share. There is hardly any brokerage house that offers up to 80% of the revenue share to their sub-brokers.
- All kinds of Support are being provided, starting from marketing to trading.
- The investment requirement is at par with the market.
- Anand Rathi has immense popularity and brand value.
Remisier
The Remisier model of Anand Rathi is a Zero Cost Model where the Remisier doesn’t need to invest or make any infrastructure to become a Remisier of Anand Rathi.
The job of a Remisier at Anand Rathi is only related to acquiring clients and building a potential network.
However, the Remisier must be an experienced one who has at least two to three years of experience in this field and sound financial market knowledge. Remisier of Anand Rathi’s revenue is around 20% to 30%.
Benefits of becoming Remisier at Anand Rathi
- With the huge brand image of Anand Rathi, you can get clients easily for Anand Rathi.
- There is no investment or cost involved in making infrastructures.
- As Remisier, you can get up to 30% of the revenue share, which is quite high as there is no investment. So, the whole revenue share is your profit.
Similar Sub Brokers, you may also Like
- Sharekhan Franchise
- Tradebulls Securities Franchise
- Reliance Securities Franchise
- Religare Securities Franchise
- Ventura Securities Franchise
Anand Rathi Sub Broker Commission / Revenue Sharing Model
Find the detailed discussion on Anand Rathi Franchise Revenue Sharing Models & Initial Investment Amount & Fees.
Anand Rathi Franchise Revenue Sharing
Anand Rathi offers a decent revenue sharing of 70:30 with their Sub Brokers. For a big brand like Anand Rathi, this number is very big & they seem to be very aggressive on Franchise acquisition.
This revenue sharing is pretty decent in the initial stage of franchise opening. Later, if you can generate more brokerage volume, the chance of getting more percentage will rise after a year of performance.
Anand Rathi Franchise Initial Investment and Fees
The initial investment will cost you from Rs 2-5 lakhs, depending on the features of a particular type of Franchise. This amount is generally refundable during the time of the exit process. However, they demand this amount as a security deposit.
This company is rated very reliable and trustworthy. Here, the sub-brokers clients can trade in NSE / BSE, MCX-SX / MCX, and the amount one needs to pay for registration will be Rs.2360 x 6 = Rs.14160 only.
Also, for the office setup, the Franchisee will have to invest in computers, UPS, scanners & printers, Broadband connection, and other stationery. The Sub Broker office should be in the city’s prime location with a minimum 300 sq ft area.
Anand Rathi Franchise Infrastructure Investment
- Minimum 3 employees to start the Franchisee
- Office space of at least 200 square feet
- There must be trading terminals in the office of the FranchiseeFranchisee with a stable high-speed internet connection
- Telephone connections are mandatory for Anand Rathi Franchise holders
- The Anand Rathi Franchisee must also provide research and advisory services to the clients
Anand Rathi Sub Broker Offers
Now, Anand Rathi offers branding and marketing support from time to time, depending on the proposal you send to conduct any event that can generate more revenue and business.
Sales Support, Product Support (NSE, BSE, F&O, MF, NSDL, CDSL & many more), and centralized back-office access. Also, get trading terminal Omnesys software for both BSE and NSE.
Anand Rathi Eligibility Criteria
- The age of the partner must be more than 18 years.
- If he has graduated, he will be preferred over others who haven’t and applied for the same position.
- The partner, whether he applies as a franchise/ sub-broker or Remisier, has to have a SEBI registration number.
- You will be referred if you have the knowledge and a certificate in financial market courses.
- Anand Rathi conducts a thorough background check, so you will not get the opportunity if you have any financial or social grievance against yourself.
Anand Rathi Sub Broker Support / Advisory
The Broking House provides robust training to its partners and employees about trading terminals. Anand Rathi trains their partner for situation handling and other fundamental processes for business pitches.
They also provide a centralized back office. They provide thorough training for software like trading terminal Omnesys software for both BSE / NSE and other inbuilt software and trading apps.
Why Partner with Anand Rathi?
- Big Brand with Massive Broking Experience
- Very Attractive Revenue Sharing Model
- Provides Marketing Support & Training Support
- Trade-in multiple asset classes in multiple stock exchanges
- Offers Faster Account Opening Process
- The benefit of a strong Research & Advisory Team
How to become a partner with Anand Rathi?
The documents needed are:
- Pan Card
- Aadhaar card
- Educational certificate (minimum one should be 12th pass), and 21 years of age.
- Cancelled Cheque
- Two photos
To complete the registration process easily, it is advised to visit a chartered accountant. Once the addendum is signed, or registration is done, the partners get the franchise code.
Then the sub-broker is an authorized person to open a franchise office in that registered area. This entire process takes two weeks for registration.
Anand Rathi Franchise – Pros & Cons
Pros
- High revenue sharing
- Experienced brokerage house
- Huge brand value
- Different trading products and tools to offer
Cons
- Strict edibility criteria
- Above-average initial investment
Anand Rathi Franchise Registration
- You have to click on the application for becoming a partner of Anand Rathi by filling up this form
- You need to enter your name, contact number, email id, and city
- The associates of Anand Rathi will contact you and verify your business plan and interest in the business.
- If they are satisfied, they will ask you to submit all your documents to check the eligibility and whether everything is correct or not.
- They will also do a background check, and once they approve your application, you will have to deposit the initial amount required for becoming a sub-broker
- Then you will receive the sub-broker code within a few days, and then using the same, you can start generating revenue by acquiring clients for Anand Rathi.
If you want to become a Remisier, all the above steps will be the same, except for the investment requirement. For Remisier, you do not have to pay any amount/ deposit.
Earning the potential of an Anand Rathi Partner
As a sub-broker of Anand Rathi, you can earn 50% to 80% of the revenue. While as a Remisier of the firm, you can earn between 20% to 30T of the revenue.
This means if your clients generate revenue/pay brokerage of Rs. 100000 suppose, then you will earn Rs. 50000 to Rs. 80000 as a sub-broker, while as a Remisier, your earnings will be between Rs. 20000 to Rs. 30000.
Anand Rathi Franchise Referral Program
The referral program of Anand Rathi is the Remisier business model where Remisier brings a new client to the firm, and they receive 20% to 30% of the revenue those clients generate.
The Remisier, like in the referral program, does not need to keep any deposit or build any infrastructure. So, this is a Zero cost business model, and the commission you earn is your profit.
Brokerage Charges levied on the clients of Anand Rathi Partners
Anand Rathi charges a brokerage of 0.05% to 0.015% for intraday trading, and the same goes for futures. For the options, the charges are either Rs. 75 or Rs. 20 and for delivery trades, it varies between 0.55 to 0.15%.
If the client trades a commodity, then the brokerage that Anand Rathi will levy is 0.008% to 0.05%. So, if you compare the brokerage charges to other brokers of the same stature, you will find the brokerage quite affordable.
Anand Rathi Business Partner ROI Details
The ROI for sub-brokers and Remisier will differ and depend upon how well they are doing their business. The following example can understand the ROI of the business partner of Anand Rathi.
Sub-brokers
Investment – Rs. 2 lakhs – Rs. Three lakhs
Revenue Share – 50% to 80%
Suppose you are earning Rs. Fifty thousand per month, given the initial investment, you can reach break-even within 4 to 6 months only.
Remisier has no investment, so the 20% to 30% revenue share they earn is their profit or return.
Anand Rathi Authorised Person – Products Offered
The products which Anand Rathi offers and you can offer as an Authorised person/ Remisier are –
- Equity
- Derivative
- Commodities
- Currencies
- IPO
It also distributes other financial instruments like mutual funds, insurance, loans, etc.
Anand Rathi Authorized Person Testimonials
Ankit Gupta
It has been an incredible journey with Anand Rathi. We have been associated for the past 15 years as a sub-broker of this great brokerage house. They have helped us grow as a business and trained and supported us at every step.
Shalini Tiwari
I will always be grateful to Anand Rathi for providing me with the opportunity to become their Remisier. I was in college when I enrolled for the same, and today being one of the top Remisier of this firm. It has shaped my career in the best way possible.
Monami Datta
From a client to one of the top Remisier of Anand Rathi, the journey has been an incredible and long way to go. I got all the Support from Anand Rathi in building my business.
Anand Rathi Franchise Conclusion
To conclude, we can say that if you are looking to start your stock broking franchise business, then Anand Rathi can be one of the best choices for you.
It has the experience, goodwill, and abundance of trading products to offer to clients. You can expect the best possible service from this brokerage house.
Anand Rathi Franchise FAQ
Here is the list of FAQs related to the Anand Rathi Franchise:
Does Anand Rathi have Sub Broker Model?
Sub brokers play an important role in the shares industry, as their major ground of earning is through the commission on every executed transaction that their clients make.
Anand Rathi franchise is indeed a well-known sub-broker franchise business based in Mumbai.
Does Anand Rathi have multiple Franchise models?
Anand Rathi is known for not just versatility but also for the different types of alternatives they provide their clients to choose from.
This Franchise, at the present date, provides its clients with two franchise models, namely – self setup sub-broker, and remisier(zero infra cost).
What is Anand Rathi Sub Broker Commission?
Commission or revenue sharing is one of the most important pillars that hold the sub-broker model in place and puts both the client and the Franchise benefit.
A name as big as Anand Rathi works on a 70:30 sub-broker commission scenario with their clients.
How much does Anand Rathi Franchise Cost?
The overall cost of the Anand Rathi franchise works very much in favour of an individual. The Franchise’s initial investment is around RS 2-5 lakhs, which is refundable during the exit process.
The amount for registration to this very Franchise is RS 14,160 only.
Does Anand Rathi have Partner Program?
The partner program at Anand Rathi is very preferred, as it allows people not just to become an online sub-broker and start offering services.
But at Anand Rathi, they are also provided with a personalized back office with providing training to their partners for situation handling and other fundamentals.
What is Anand Rathi Partners Sharing?
While being partners with Anand Rathi, partners are given a respective share amount from every commission.
At Anand Rathi, their partners enjoy a standard sharing ratio of 20-30% on every client commission.
Is Anand Rathi Partner Program Free?
The partner program at Anand Rathi is the second offered program – Remisier. Individuals are not required to pay any cost or expense on infrastructure.
The only service required for them is to work with the team and provide service to the clients.
Does Anand Rathi provide Training Assistance?
Quality is one of those things Anand Rathi does not wish to compromise on. They have been lending wonderful services to clients for years now.
Thus, to keep their team shoulder to shoulder with the market changes, Anand Rathi provides training assistance to the team in business pitches, situation handling, and many more.
How to Become Anand Rathi Sub Broker?
Over the years, Anand Rathi has eased ways to partner with them and open a franchise office.
Individuals are supposed to click on the “Become Sub Broker” button, complete the registration, and submit every security document. From signing the addendum to getting the franchise code, it merely takes two weeks for registration.
Does Anand Rathi Franchise provide Support?
Anand Rathi is one of those few brands that not only back their sub-brokers with a big brand name but also provide Support.
Support at Anand Rathi comes in two forms – marketing support & training support. The Franchise provides training to their sub-brokers upon joining the team and marketing them.
How can I get a franchise in Anand Rathi?
You need to apply by visiting their website. You will have to fill out the form and wait for the associates to call you.
They will verify the details, then your documents which you will be asked to upload, and finally, if everything goes well, you will get the sub-brokers code, and your partner’s account will be created and shared with you.
What is the client base of Anand Rathi Group?
The client base of Anand Rathi Group is around four lakhs, as per the latest reports. It is one of the highest among brokerage houses in the country.
What is IAP in Anand Rathi?
IAP stands for Independent Authorised Person. This is a business partnership model that Anand Rathi offers. In simple words, it is the sub-brokership model which has the potential to earn up to 80% of the revenue share.
What is the brokerage of Anand Rathi?
The brokerage of Anand Rathi is 0.05% to 0.015% for intraday and futures. For the options, it is Rs. 75 or Rs. 20, and for delivery trades, it is 0.5% to 0.15%, depending on the volume of transactions.
For the commodities, Anand Rathi charges one of the lowest brokerages, which is 0.008% to 0.05%.
How can I sell holdings in Anand Rathi?
Yes, Anand Rathi offers all types of orders covering order, stop loss, bracket, etc. You can use any to sell your holding and make a profit.
How can I activate F&O in Anand Rathi?
When you open an account with Anand Rathi, you get the allowance for trading in the F&O segment. You can trade equity futures and options and currency futures and options using the Anand Rathi trading platform.
How can I transfer money from Anand Rathi?
The steps for transferring or withdrawing money are here.
- First, you need to login into your Anand Rathi trading account
- Then you have to click on the tab called ‘Fund Transfer.’
- Then click on the ‘Pay Out Request’ tab
- Now you have to select the segment from which you want the fund to be transferred into your Bank Account.
- Verify the Bank Name, A/c no & money to be requested, and confirm the bank a/c no.
- Then click on ‘Submit.’
What are the requirements to become an Anand Rathi sub-broker?
To get Anand Rathi Franchise, you must first be eligible for their business partnership program.
You need to have a valid SEBI registration number, must be 18+ years old, have sound knowledge of the financial market and have experience in the field.
What are the benefits of Anand Rathi?
The benefits of becoming a business partner of Anand Rathi are many:
- It has a huge market presence
- The goodwill and brand value of the firm speaks volume
- Ample trading and investment options
- Multiple types of Support are provided to the partners
- Very high revenue share
- Average initial investment
How much does it cost to become Anand Rathi Sub-broker?
If you want to become a sub-broker of Anand Rathi, then you have to pay an initial investment/ security deposit of Rs. 2 lakhs to Rs. Three lakhs.