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

Find the list of Best Sub Broker Franchise in Bankura here. There are a large investor in the country who trade in the stock market every day.

Their sole demand is to be a part of a good broking house where their portfolio can reap gains by the benefits provided by the broker. In Bankura as well, many investors wish to have an outlet of their broking house in the city.

Therefore, in this article we have listed the top sub broker franchise in Bankura that can be considered and other details pertaining to the same.

The list has top 10 sub brokers in Bankura that can help the potential franchisee to make a choice as on which suits him/her the best.


List of Top 10 Sub Brokers Franchise in Bankura

We have listed the best sub broker franchise in Bankura on basis of ranks so that you can choose as to which suits your interest the best based on factors like business mode, investment cost, revenue sharing and more.

RankSub Broker
1Sharekhan Franchise
2Angel Broking Franchise
3Motilal Oswal Franchise
4Zerodha Franchise
5Geojit Finance Franchise
6NJ Wealth Franchise
7Edelweiss Franchise
8IIFL Franchise
9Karvy Franchise
10Reliance Securities Franchise

The list has Sharekhan as the topmost stock broker in the city followed by Angel broking, Motilal Oswal and more.


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Rank 1 – Sharekhan – Number 1 Broking Franchise in Bankura

Franchise NameSharekhan Franchise
Business ModelSub Broker
Security DepositRs.70,000 – Rs.100,000
Revenue Sharing50% – 75%
Receive Payout in33 Days
Branch OfficesSharekhan Branch Offices
Branches in CitySharekhan Branch Office in Bankura
“Become a Sub Broker / Partner with Sharekhan” Become Sub Broker

The first rank of the Top Broking Franchise in Bankura is Sharekhan. It is well known for its exclusive services provided.

It serves the speciality that the franchisee who starts this sub broking firm gets 50% – 70% of revenue retained to themselves.

Moreover, its initial investment is also low that is about Rs. 70,000 to Rs. 1,00,000. It is well established in the market and has a large customer base.


Rank 2 – Angel Broking – Top Sub Broker in Bankura

Franchise NameAngel Broking Franchise
Business ModelSub Broker
Security DepositRs.50,000 – Rs.150,000
Revenue Sharing50% – 70%
Receive Payout in15 Days
Branch OfficesAngel Broking Branch Offices
Branches in CityAngel Broking Branch Office in Bankura
“Become a Sub Broker / Partner with Angel Broking” Become Sub Broker

The second on the list of the Top Sub Broker in Bankura is Angel broking. Its head office is in Mumbai and it has been in the market for several years.

The initial investment required by the franchisee to start Angel broking is Rs. 50,000 to Rs. 1,50,000.

The very attractive feature to be a part of Angel broking is that its payout period is 15 days which calls for the franchisee to make profit very soon post starting the business.


Rank 3 – Motilal Oswal – Best Stock Broker Franchise in Bankura

Franchise NameMotilal Oswal Franchise
Business ModelSub Broker
Security DepositRs.300,000
Revenue Sharing50% – 70%
Receive Payout in31 Days
Branch OfficesMotilal Oswal Branch Offices
Branches in CityMotilal Oswal Branch Office in Bankura
“Become a Sub Broker / Partner with Motilal Oswal” Become Sub Broker

Next on the list of the Best Stock Broker Franchise in Bankura is Motilal Oswal. Motilal Oswal is a finance firm that deals with many other services apart from broking.

It specializes in portfolio management, stock advisory and more. For this reason the initial investment is on the higher side that is Rs. 3,00,000 for starting the franchise.

However, due short span of payout time i.e. 31 days, it is highly demanded by potential franchisees.


Rank 4 – Zerodha – Sub Broker Franchise in Bankura

Franchise NameZerodha Franchise
Business ModelPartner Program
Security DepositRs.11,000
Revenue Sharing10% – 30%
Receive Payout in45 Days
Branch OfficesZerodha Branch Offices
“Become a Sub Broker / Partner with Zerodha” Become Sub Broker

Zerodha is another Sub Broker Franchise in Bankura. Its investment amount is Rs. 11,000 which is comparatively very less than other broking franchise.

However, due to low investment costs, its revenue sharing is also low which is about 10% to 30% retained by the franchise.

Zerodha charges nil amount on trades placed in equities therefore is largely favoured by the crowd.


Rank 5 – Geojit Finance – Top 10 Business Partner in Bankura

Franchise NameGeojit Finance Franchise
Business ModelSub Broker
Security DepositRs.50,000 – Rs.150,000
Revenue Sharing50% – 70%
Receive Payout in20 Days
Branch OfficesGeojit Finance Branch Offices
“Become a Sub Broker / Partner with Geojit Finance” Become Sub Broker

The next Top 10 Business Partner in Bankura is Geojit Finance. It is a sub broking house that provides many services to all those who wish to start investing in the market.

It works on a revenue sharing basis where 50% to 70% of the revenue belongs to the franchisee and the rest to the franchiser.

These revenue sharing norms are pre-decided by both the parties on mutual terms. The investment amount required to start the business is Rs. 50,000 to Rs. 1,50,000.


Rank 6 – NJ Wealth – Best Share Broker Franchise in Bankura

Franchise NameNJ Wealth Franchise
Business ModelSub Broker
Security DepositRs.50,000 – Rs.100,000
Revenue Sharing50% – 70%
Receive Payout in31 Days
Branch OfficesNJ Wealth Branch Offices
Branches in CityNJ Wealth Branch Office in Bankura
“Become a Sub Broker / Partner with NJ Wealth” Become Sub Broker

The 6th in line for the Best Share Broker Franchise in Bankura is NJ Wealth. The business model is that of a sub broker. Its speciality is low investment cost and large gains on revenue sharing.

The initial amount required for investment is Rs. 50,000 to Rs. 1,00,000 and the revenue sharing is on 50% to 70% basis.


Rank 7 – Edelweiss – Best Broking Partner in Bankura

Franchise NameEdelweiss Franchise
Business ModelSub Broker
Security DepositRs.100,000 – Rs.400,000
Revenue Sharing55% – 70%
Receive Payout in31 Days
Branch OfficesEdelweiss Branch Offices
“Become a Sub Broker / Partner with Edelweiss” Become Sub Broker

The 7th ranked Best Broking Partner in Bankura is Edelweiss. Edelweiss is a large broking firm surviving the market odds since years.

It is based on a sub broking business model that has pre-decided revenue sharing among franchiser and franchisee.

The initial investment amount for the franchisee is Rs.1,00,000 to Rs. 4,00,000 mainly because the company stands as a largely reputed one among its peers.


Rank 8 – IIFL – Top Master Franchise in Bankura

Franchise NameIIFL Franchise
Business ModelSub Broker
Security DepositRs.50,000 – Rs.200,000
Revenue Sharing50% – 75%
Receive Payout in40 Days
Branch OfficesIIFL Branch Offices
Branches in CityIIFL Branch Office in Bankura
“Become a Sub Broker / Partner with IIFL” Become Sub Broker

India Infoline is the 8th among the Top Master Franchise in Bankura. The investment amount needed to start the franchise is a one-time fee that calls for setting up the unit.

It is approximately Rs. 50,000 to Rs. 2,00,000. It serves the benefit to the franchisee by having a short turnover period of about 40 days.

Since the company is a large and reputed one in the market, it will serve beneficial to the investors in Bankura.


Rank 9 – Karvy – Franchise Business Partner in Bankura

Franchise NameKarvy Franchise
Business ModelSub Broker
Security DepositRs.50,000
Revenue Sharing60% – 70%
Receive Payout in33 Days
Branch OfficesKarvy Branch Offices
Branches in CityKarvy Branch Office in Bankura
“Become a Sub Broker / Partner with Karvy” Become Sub Broker

Karvy is a SEBI registered firm that ranks 9th in Franchise Business Partner in Bankura.

Here the initial amount needed to start the franchise is small and the revenue sharing criteria is large which benefits the franchisee completely.

Now only with Rs. 50,000 you can set up a franchise for Karvy and benefit from 60% to 70% of its revenue having a minimal payout day of 33 days.


Rank 10 – Reliance Securities – Share Market Franchise in Bankura

Franchise NameReliance Securities Franchise
Business ModelSub Broker
Security DepositRs.100,000 – Rs.300,000
Revenue Sharing55% – 75%
Receive Payout in31 Days
Branch OfficesReliance Securities Branch Offices
“Become a Sub Broker / Partner with Reliance Securities” Become Sub Broker

Another well-known Share Market Franchise in Bankura is Reliance securities. It is a part of the reliance group that has its hands in various sectors in the country.

Reliance securities has many services and provides offers to attract customers to be part of the broking house.

To start a franchise with Reliance securities capital of Rs. 1,00,000 to Rs. 3,00,000 is necessary as initial investment cost.


Sub Broker Franchise in Bankura – Conclusion

This article lays light on all the most important top 10 Sub Broker Franchise in Bankura ranked in order of their demand.

We hope you choose the one that fits your priority the best to start a sub broking franchise in Bankura as per investment cost needs and payout period.


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