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Best Sub Broker Franchise in Balrampur – Compare Top 10 Sub Brokers in Balrampur

Last Updated Date - Nov 18, 2022

Find the list of Best Sub Broker Franchise in Balrampur here. Investors often look for the best broking house to start their portfolio with.

Their criteria’s mostly pertain to how efficient the broking house is, what services it provides and how well do they help customers in time of grievances. The same works while finding out a sub broker franchise in Balrampur.

For a business person who wishes to start a franchise that would work great in Balrampur, here are the details on 10 sub brokers in Balrampur that fit the demand list of investors. Read the article for more information on the same.

Best Sub Broker Franchise


List of Top 10 Sub Brokers Franchise in Balrampur

After thorough research on the best sub broker franchise in Balrampur, below is the list of the top 10 that are ranked in order of demand.

These call for the ones that investors in Balrampur look for because of their reputation and service provided. They are potential for one who wish to start a franchise for the same as well.

On the top of the list stands ShareKhan, followed by Upstox, Angel Broking, India Infoline and 6 others.


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    Rank 1 – Sharekhan – Number 1 Broking Franchise in Balrampur

    Franchise Name Sharekhan Franchise
    Business Model Sub Broker
    Security Deposit Rs.70,000 – Rs.100,000
    Revenue Sharing 50% – 75%
    Receive Payout in 33 Days
    Branch Offices Sharekhan Branch Offices
    “Become a Sub Broker / Partner with Sharekhan” Become Sub Broker

    Topping the list of the Top Broking Franchise in Balrampur is Sharekhan. It is a broking house that gained credibility by earning people’s trust via various service and products offered at brilliant rates.

    It promises support at every step to guide a new franchisee towards achieving a successful business.

    Its captivating feature is the low investment cost of about Rs. 70,000 to Rs. 1,00,000 and the flexible revenue sharing criteria where both the parties share the success of the business.


    Rank 2 – Upstox – Top Sub Broker in Balrampur

    Franchise Name Upstox Franchise
    Business Model Sub Broker
    Security Deposit Rs.25,000 – Rs.50,000
    Revenue Sharing 10% – 30%
    Receive Payout in 31 Days
    Branch Offices Upstox Branch Offices
    “Become a Sub Broker / Partner with Upstox” Become Sub Broker

    The second Top Sub Broker in Balrampur is Upstox. This broking house is looking for financial enthusiast or influencers who wish to guide investors in investment decisions.

    The company has a great deal of clients and supports market newbies on how to gain more customers through various mediums.

    It is based on a revenue sharing model where the income is split between the franchiser and franchisee around almost 10% to 30%. Moreover, its low pay out days allows one to earn quick from the business.


    Rank 3 – Angel Broking – Best Stock Broker Franchise in Balrampur

    Franchise Name Angel Broking Franchise
    Business Model Sub Broker
    Security Deposit Rs.50,000 – Rs.150,000
    Revenue Sharing 50% – 70%
    Receive Payout in 15 Days
    Branch Offices Angel Broking Branch Offices
    “Become a Sub Broker / Partner with Angel Broking” Become Sub Broker

    The next ranked on the list of the Best Stock Broker Franchise in Balrampur is Angel Broking. It provides large support in terms of digital marketing and lead generation for client acquisition.

    Its low investment and large return policy encourage many to start a franchise for the same.

    Its initial investment calls for Rs.50,000 to Rs.1,50,000 with payment of a one-time refundable deposit. Moreover the cash inflow days are as low as 15 days.


    Rank 4 – IIFL – Sub Broker Franchise in Balrampur

    Franchise Name IIFL Franchise
    Business Model Sub Broker
    Security Deposit Rs.50,000 – Rs.200,000
    Revenue Sharing 50% – 75%
    Receive Payout in 40 Days
    Branch Offices IIFL Branch Offices
    “Become a Sub Broker / Partner with IIFL” Become Sub Broker

    Next in line for the Sub Broker Franchise in Balrampur is India Infoline. It is a full-service broking house in the country that has been in surviving the market odds since a decade.

    Investors considers it to be a trustable brand which will safeguard the future potential of their portfolio.

    Its revenue sharing model retains a large sum of around 50% to 70% to the franchisee, which is more than half of the profit entitled to the owner of the franchise.


    Rank 5 – JM Financial – Top 10 Business Partner in Balrampur

    Franchise Name JM Financial Franchise
    Business Model Sub Broker
    Security Deposit Rs.50,000 – Rs.300,000
    Revenue Sharing 50% – 70%
    Receive Payout in 40 Days
    Branch Offices JM Financial Branch Offices
    “Become a Sub Broker / Partner with JM Financial” Become Sub Broker

    The 5th Top 10 Business Partner in Balrampur is JM Financial. Franchisees choose this brand for its reputation in the market, past expertise, technology based service and multiple products via services offered by the brand.

    Moreover, starting the franchise is easy and calls for minimum pay out days where in the business can expect inflow of cash within 40 days.


    Rank 6 – SBICap Securities – Best Share Broker Franchise in Balrampur

    Franchise Name SBICap Securities Franchise
    Business Model Sub Broker
    Security Deposit Rs.150,000 – Rs.250,000
    Revenue Sharing 55% – 70%
    Receive Payout in 31 Days
    Branch Offices SBICap Securities Branch Offices
    “Become a Sub Broker / Partner with SBICap Securities” Become Sub Broker

    SBICap Securities is another Best Share Broker Franchise in Balrampur. It was established in the year 2006 by Ms. Varsha Purandare.

    The brand provides sub broking franchise to all those who possess the entrepreneurial skills wishing to carry on the business legacy and take it to greater heights.

    It is a part of the SBI family therefore its investment cost is on the higher side which is between Rs. 1,50,000 to Rs. 2,50,000. It is based on revenue sharing methodology that is pre decided by the franchiser and franchisee.


    Rank 7 – SAS Online – Best Broking Partner in Balrampur

    Franchise Name SAS Online Franchise
    Business Model Referral Program
    Security Deposit Zero
    Revenue Sharing 10% – 20%
    Receive Payout in 21 Days
    Branch Offices SAS Online Branch Offices
    “Become a Sub Broker / Partner with SAS Online” Become Sub Broker

    The 7th ranked Best Broking Partner in Balrampur is SAS Online. This broking house provides franchise based on referrals wherein the franchisee can earn up to 50% of the referred persons brokerage.

    The brokerage is automatically credited to the franchisee’s account which gives him/her a large earning potential.

    Since there is no investment cost required to be a part of the franchise, it is a great deal for one to earn real time money by giving as many referrals as possible.


    Rank 8 – NJ Wealth – Top Master Franchise in Balrampur

    Franchise Name NJ Wealth Franchise
    Business Model Sub Broker
    Security Deposit Rs.50,000 – Rs.100,000
    Revenue Sharing 50% – 70%
    Receive Payout in 31 Days
    Branch Offices NJ Wealth Branch Offices
    “Become a Sub Broker / Partner with NJ Wealth” Become Sub Broker

    On the list of the Top Master Franchise in Balrampur, NJ Wealth stands at the 8th position of demand. The broking house was established in the year 1994 by Neeraj Choksi.

    This sub broking franchise allows the potential broker to use the brand name of the company to start an outlet in Balrampur and provide portfolio-based services likewise.

    Being a part of the firm is easy. However, one has to agree to set up the franchise on a revenue sharing model which can be about 50% to 70%.

    The payout time for cash inflow is calculated at 31 days.


    Rank 9 – SAMCO – Franchise Business Partner in Balrampur

    Franchise Name SAMCO Franchise
    Business Model Referral Program
    Security Deposit Zero
    Revenue Sharing 10% – 20%
    Receive Payout in 27 Days
    Branch Offices SAMCO Branch Offices
    “Become a Sub Broker / Partner with SAMCO” Become Sub Broker

    A very well-known Franchise Business Partner in Balrampur is SAMCO. Here, the enterprise provides referral-based franchise for the ones who wish to partner with the brand.

    Inviting a friend to start a portfolio with the broking house can avail the franchisee about 10% to 20% commission on brokerage.

    The biggest advantage to be a part of SAMCO is that there is no investment cost needed to be put in and the payout days are lesser comparative to other franchise.


    Rank 10 – Religare Securities – Share Market Franchise in Balrampur

    Franchise Name Religare Securities Franchise
    Business Model Sub Broker
    Security Deposit Rs.50,000 – Rs.200,000
    Revenue Sharing 60%-70%
    Receive Payout in 31 Days
    Branch Offices Religare Securities Branch Offices
    “Become a Sub Broker / Partner with Religare Securities” Become Sub Broker

    Last but not the least Share Market Franchise in Balrampur is Religare Securities. The company has taken many steps to establish itself in the market by advertising and marketing which lead to a range of partners across the country.

    The onboard services provided by the firm comprises of risk management, trading in derivatives, equity, commodities and more.

    Its investment cost is less and revenue sharing attractive that is about 60% to 70% making it a potential choice for franchisees.


    Sub Broker Franchise in Balrampur – Conclusion

    Starting a sub broking franchise is easy. However, details on its working is what is to be kept in mind before starting the same.

    Here, with all the information on the best Sub Broker Franchise in Balrampur, it is easier for the reader to make a choice that suits his/her best interest and investment criteria.


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