Prabhudas Lilladher Franchise / Partner / Sub Broker Review
Prabhudas Lilladher Franchise has been rated as one of the best corporate access in the market. They have a strong data base too with excellent investment ideas. About 40 top class members constitute the equity research team with over 100 years of combined experience together. They usually cover 185 stocks in detail which is in mid-caps and large caps. Their good relationship with top management houses makes you think to get connected with them.
Prabhudas Lilladher Franchise Customer Ratings & Review
|Products & Services||5.5/10|
About Prabhudas Lilladher Franchise
Prabhudas Lilladher Franchise is divided into two types:
- Business associate / Sitting sub-broker.
- Remiseir – No deposit or security is needed. You get almost all the support from Prabhudas Lilladher.
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Prabhudas Lilladher Partner Revenue Sharing & Fees
Lets have a detailed understanding of Revenue sharing, Initial Investment & Fees
Revenue sharing is initially 70:30. which means Prabhudas Lilladher Franchise will allow you to keep 70 percent of brokerage generated and you will have to let go 30 percentage of the brokerage generated. Later on you can bargain upon the sharing ratio as your trade improves on revenue part. This sharing is for sitting sub-broker. For Remisier, you are likely to get 25% and as introducer there is play of 50:50. So you have all the option that you want to work like. They also agree to share a part of revenue that comes by means of account opening from your side.
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Initial Investment Amount
Rs.100,000/- (one LAKH only) is needed to be deposited as security amount. This amount is refundable when you exit Prabhudas Lilladher Franchise. Based on your client base you will get access to all six segment to trade into with Prabhudas Lilladher.
You will have to bear the expenses of running the office and internet as well. Apart from refundable amount mentioned above you also need to pay Rs.7080/- (non-refundable) for NSE, BSE and Derivatives that you want to trade into. Example if you want to trade in NSE, BSE, MCX-SX, MCX, then the amount you need to pay for registration will be Rs.2360 x 4 = Rs.9440/- only. You have the option to trade in all possible six segments of market with Prabhudas Lilladher.
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Prabhudas Lilladher Sub Broker Offers
Prabhudas Lilladher offers you all financial products and services under one roof that makes you think about working with them. The Broking Franchise helps you and your clients with 24×7 connection not offered by many brokers in India. Derivatives, Commodity, Currency, MF & IPO’s are easily available at click of the mouse.
How to become a partner with Prabhudas Lilladher?
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
once you are ready with these papers then you are asked to sign agreement approved by an registered chartered accountant and then you get a Franchise code. This is the final step after which you get the business going with Prabhudas Lilladher.
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Prabhudas Lilladher Franchise Support/Advisory
Well trained dealers for fast execution of order. Online cash management. Once you are registered with Prabhudas Lilladher they will offer you training on their trading platform which will be free of cost. Although you need to own your own personal computer/ laptop. Prabhudas Lilladher Franchise do provide with advertisement material and full back office support. Prabhudas Lilladher Franchise trading platforms are also provided free of cost to the franchise owner and to their client as well. Research reports are also not charged by Swastika Investment Franchise. They also have premium advisory options with them for your potential clients. They also provide you with business cards and few more things as well. Advisory to your client and training to you will be absolutely free of cost.
They offer multiple trading modes like Offline, Online and mobile trading. They offer you the option to synchronize your transactions with other media like web, Desktop, CNT, etc. ODIN DIET is the platform that is installed on the sub-broker computer, which is usually free from them. For your clients you will have web based and mobile based trading platform that is also free. Prabhudas Lilladher HELPS YOU MAKE CLIENT BASE IN NON-METRO CITIES BUT NOT IN METROPOLITAN CITIES.
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