Anand Rathi Franchise is one of the well known Broking Franchise business based out at Mumbai. Lets have a detailed Anand Rathi Franchise Review & in-depth understanding of Anand Rathi Sub Broker Offerings, Anand Rathi Revenue Sharing Models & other features of Anand Rathi Partner Program.
Anand Rathi Franchise Customer Ratings & Review
About Anand Rathi Franchise
As we know that, Anand Rathi is a leading Full service broker, and was established in the year 1994 by Mr. Anandrathi. Since then, this financial firm has made its presence across India and also abroad (Dubai and Bangkok).
In the year 2007, CVCI group (Citigroup Venture Capital International) joined Anand Rathi as a financial partner. This company provides most of the financial and advisory services that includes equities, commodities, investment banking, mutual funds, wealth management, insurance and corporate advisory.
Their financial research team is very dedicated and powerful that maintains excellent standards for company’s growth and client’s benefits. At present, there are more than 450 outlets across India.
Eligibility for Anand Rathi Franchise
Minimum 2-3 years of experience in selling financial products, a person with good track record and reputation, capacity to invest 2-3 lakhs initially just to start the business.
Types of Anand Rathi Franchise
Currently, Anandrathi is offering two types of Franchise business:
- 1) Self- Setup Sub broker
- 2) Remisier (zero infra cost)
Start your Broking Business with Anand Rathi Franchise
Anand Rathi Sub Broker Revenue Sharing, Initial Investment & Fees
Find the detailed discussion on Anand Rathi Franchise Revenue Sharing Models & Initial Investment Amount & Fees.
Anand Rathi Franchise Revenue Sharing
Anand Rathi offers a very 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 agreesive on Franchise acquisition. This revenue sharing is pretty decent in the initial stage of franchise opening. Later, if you are able to generate more brokerage volume, then 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 exit process. Although they demand this amount as 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 also have to invest for computers, UPS, scanner & printer, Broadband connection and other stationary. The Sub Broker office should be in the city’s prime location with minimum 300 sq ft area.
Anand Rathi Sub Broker Offers
Anand Rathi offers branding and marketing support from time to time, that also depends on the proposal you send to conduct any kind of event that can generate more revenue and business.
Sales support, Product support (NSE, BSE, F&O, MF, NSDL, CDSL & many more), centralized back-office access. Also get trading terminal Omnesys software for both BSE and NSE.
Anandrathi Sub Broker Support / Advisory
The Broking House provides robust training to their partners and their employees about the trading terminals. Anand Rathi train their partner for situation handling and other fundamental processes for business pitches. They also provide centralized back office. They provide through training for various software’s like trading terminal Omnesys software for both BSE / NSE and other inbuilt software and 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 exchanges
- Offers Faster Account Opening Process
- Benefit of strong Research & Advisory Team
How to become 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
- 2 photos
To complete the registration process in an easy manner, it is advised to visit a chartered accountant. Once the addendum is signed or registration is done, the partners gets the franchise code. Then the sub broker is authorized to open franchise office in that registered area. This entire process takes 2 weeks for registration.
Start your Broking Business with Anand Rathi Franchise
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