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Prabhudas Lilladher Franchise / Partner / Sub Broker / Authorised Person Review

Prabhudas Lilladher Franchise is a registered stock broking firm in India. It was established in the year 1983 with a view to becoming India’s leading financial service provider.

Prabhudas Lilladher is a one-stop shop for the customers looking for financial services and products. Prabhudas Lilladher primarily offers financial advisory services to a retail and institutional customer. It is a certified member of both NSE and MCX SX for the purpose of trading in the future.

This article provides you detail about Prabhudas Lilladher Sub Broker Program, its customer ratings and reviews, business models, revenue sharing and so on.

Prabhudas Lilladher Franchise Offers


Prabhudas Lilladher Franchise Customer Ratings & Review

Prabhudas Lilladher Franchise Ratings
CriteriaRatings
Experience5.5/10
Market Share6.5/10
Products & Services5.5/10
Revenue Sharing7.5/10
Holistic Support6.0/10
Overall Ratings6.2/10
Star Ratings★★★

About Prabhudas Lilladher Franchise

Prabhudas Lilladher is the foremost stock broking firm in India. It started its operation in the year 1983 in Mumbai, India. The broking house has a team of professional experts that emerges from, various financial backgrounds and strives hard to maximize the customer’s financial growth.

The range of services offered by Prabhudas Lilladher includes Equity, Derivative Broking, Online Trading, Home Loan, Mutual Funds. Loan against share, IPOs, Real Estate, Investment Banking, etc.

The Broking firm aims to develop unique and customized solutions to its each and every customer for maximizing customer satisfaction. The SB Code Activation Time and Payout Time of Prabhudas Lilladher is 30 and 21 days respectively.


Become an Authorized Person of Prabhudas Lilladher

Fill Your Details Here
  1. Become Sub BrokerOpen Demat Account


Prabhudas Lilladher Franchise Business Models:

Prabhudas Lilladher has only 1 business model

  • Sub Broker / Authorised Person

Prabhudas Lilladher Sub Broker or Authorized Person

A sub-brokers business model is a common model offered by almost all the broking firms in India. Sub-brokers are required to spend to some extent on infrastructure requirement mandatory for them to maintain.

The main role of the sub-broker is to bring more and more customer for the company. The can bring more clients by searching the candidate looking for investing, telling them the benefits of products and services offered by the company etc.

Their role is not just to bring customers but helping the customers with their trading related issues

Benefits of Prabhudas Lilladher Sub Broker or Authorized Person

  • One-stop-shop for all financial products and services
  • Right to access advanced technology tools such as Online charting and back-office systems
  • Attractive revenue sharing model
  • Full-support in developing the business
  • Maintaining the essence of partnership

Prabhudas Lilladher Sub Broker Commission or Revenue Sharing Model

The revenue sharing ratio of the sub-brokers of Prabhudas Lilladher ranges from 60%-75%. The revenue sharing ratio is entirely negotiable. The sub-brokers can negotiate the revenue sharing ratio with the broking firm.

Revenue sharing ration somewhere also rely on the amount of security deposit cost paid by the sub-brokers.

Higher revenue will be given to the sub-brokers if they pay high-security deposit cost to the broking firm. The revenue sharing ratio also relies on some parameters such as negotiation skills of sub-brokers, security deposit cost, number of clients acquired by the sub-brokers, revenue generated by sub-brokers, etc.

Check this table below to understand commission sharing better:

Revenue SharingClients SharePrabhudas Lilladher’s Share
Sub Broker60%-75%25% – 40%

Start your Broking Business with Prabhudas Lilladher

Fill Your Details Here
  1. Become Sub BrokerOpen Demat Account


Prabhudas Lilladher Franchise Cost or Security Deposit

Prabhudas Lilladher follows a strict process of security deposit. Security deposit cost is nothing but an initial amount paid by the sub-brokers for starting their business with the broking firm.

In case of Prabhudas Lilladher sub-brokers are obliged to pay security deposit amount that ranges from Rs.50, 000 – Rs.1, 50,000. Higher the amount of security deposit cost, higher revenue sharing ratio will be shared between the various sub-brokers.

Below table gives a better perspective of Prabhudas Lilladher deposit amount:

Security Deposit
Sub BrokerRs.50, 000 – Rs.1, 50,000

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Prabhudas Lilladher Franchise Infrastructure Set-up Cost

Infrastructure requirement Prabhudas Lilladher sub-brokers needs to maintain are:-

  • The Prabhudas Lilladher sub-brokers office area should be of minimum 200 SqFt
  • It is necessary for the Prabhudas Lilladher sub-brokers to retain minimum of 3 employees
  • Sub-brokers are obliged to maintain internet connectivity in their office
  • It is mandatory for the sub-brokers to maintain landline connection in their office for communicating with their customers
  • Trading terminals are also obliged for the sub-brokers to maintain in their office

Prabhudas Lilladher Broking Franchise Offers

The offers offered by the Prabhudas Lilladher to its sub-brokers are

  • 24 hours support
  • Flexible revenue sharing
  • 10k Initial Deposit
  • The sub-brokers are offered broking firm infrastructure and staff to manage their customers
  • Free demat Account services
  • Minimum investment cost

Find more eligibility criteria of other stock broking franchise:

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Prabhudas Lilladher Franchise Eligibility Criteria

The minimum eligibility criteria for being a sub-broker are –

  • The applicant should have detail knowledge about the investment and trading related products and services, marketing operations and real-time trading
  • Candidate should be well-versed with the different trading platform offered by the broking firm such as mobile, web and desktop
  • The Prabhudas Lilladher sub-brokers office area should be of minimum 200 SqFt
  • Applicant should be financially strong so that he/can able to invest in the infrastructure needed by the sub-brokers
  • Age of the candidate should be of minimum 18 years
  • The Candidate should have effective communication skills
  • Candidate should retain valid documents needed to start a sub-broking business with the broking firm

How to become Prabhudas Lilladher Sub Broker or Authorized Person?

  1. For becoming the sub-broker of Prabhudas Lilladher, you need to film the form by clicking here
  2. The company representative will contact you to verify your details mentioned in the form and confirm your interest in the sub-broker ship with Prabhudas Lilladher
  3. The company sales executive will fix a meeting with you according to your convenience
  4. A personal meeting will be arranged for discussing rules and regulation of sub-broker ship, revenue sharing ratio of sub-brokers, security deposit cost of sub-brokers, infrastructure requirement of sub-brokers, etc.
  5. In the meeting, you will be asked to submit necessary documents and you will also be asked to security deposit cost
  6. After verification the documents are given by, you will get the message of confirmation of the sub-brokers agreement
  7. Your account will be activated and sub-broker id will be given to you

Documents required to become Prabhudas Lilladher Authorised Person

List of documents required to start Prabhudas Lilladher Sub broker program:

  • PAN
  • AADHAAR
  • NISM Certificates
  • GST Registration Certificates
  • SEBI Certificate of Registration
  • Address Proof
  • Investment Proof
  • Educational Details with certificates
  • Other

Check the list of Stock Market Franchise with quick Sub Broker tag generation process:

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Why Partner with Prabhudas Lilladher Ltd?

Some of the benefits of collaborating business with Prabhudas Lilladher are:-

  • On-time support and services
  • Advanced Technologies
  • Dedicated and experienced relationship manager
  • Renowned and reliable brand
  • A comprehensive range of products and services
  • Prompt Customer Services
  • Nationwide Presence
  • Award Winning research team

Prabhudas Lilladher Franchise Conclusion

In the end, it is concluded that collaborating with the brand name offers the competitive edge to meet the increasing demand of the customers and help to build a long-lasting relationship with them by offering the customers wide range of investment solutions.

Prabhudas Lilladher aims to maintain a true spirit of partnership and encourage them to acquire more customers for the company by offering them an attractive revenue sharing ratio.

Sub-brokers of Prabhudas Lilladher can easily expand their business as the broking firm offers them complete support in business development either through on-time business ideas or business development support and many more.


Check the list of Stock Market Franchise with quick Sub Broker tag generation process:

SMC FranchiseIIFL FranchiseIDBI Direct FranchiseVentura Securities Franchise
Just Trade FranchiseNirmal Bang FranchiseSykes & Ray FranchiseSki Capital Franchise


Start your Broking Business with Prabhudas Lilladher Franchise Program

Fill Your Details Here
  1. Become Sub BrokerOpen Demat Account


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