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

Find out the list of Best Sub Broker Franchise in Chakradharpur here.

Many wish to start up their own business in Bokaro but are unclear about what would be the preferred and profitable business in the city.

A great business idea for Chakradharpur is to establish a sub broking franchise that will enable investors to start their portfolio and to trade easily in the market.

We have noted all the Top Sub Broker Franchise in Chakradharpur as per the market demand.

The Top 10 Sub Brokers in Chakradharpur along with parameters to start them are listed here in detail. Making choices as per the business person preference will be possible via all the details in this article.


List of Top 10 Sub Brokers Franchise in Chakradharpur

Below is the list of the Best Sub Broker Franchise in Chakradharpur ranked from 1 – 10.

RankSub Broker
1Motilal Oswal Franchise
2Angel Broking Franchise
3Sharekhan Franchise
4Alice Blue Franchise
5IIFL Franchise
6Astha Trade Franchise
7Upstox Franchise
8Nirmal Bang Franchise
9SAMCO Franchise
10ICICI Direct Franchise

The ranking is based on different criteria like the services provided by the broking house, discount in prices based on the trades places, reviews from customers and more.

In Chakradharpur per say, the best sub broker is Motilal Oswal. After that Angel broking and Sharekhan follows its traits along with 7 other broking houses whose details on starting a franchisee are mentioned below.


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Rank 1 – Motilal Oswal – Number 1 Broking Franchise in Chakradharpur

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

Motilal Oswal is the Top Broking Franchise in Chakradharpur. It stands 1st as a sub broker due to the financial services it provides in retail broking, wealth management, asset management and more.

Its demand has increased its customer segment to over 10 lacs all over the country with more than 2000 outlets over 450+ cities.

Since it is a listed company as well, being a part of Motilal Oswal has high investment cost of Rs. 3,00,000. Its revenue sharing is attractive that retains most of the income that is about 50% to 70% to the franchisee.


Rank 2 – Angel Broking – Top Sub Broker in Chakradharpur

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
“Become a Sub Broker / Partner with Angel Broking” Become Sub Broker

The 2nd Top Sub Broker in Chakradharpur is Angel Broking. This sub broking franchise was established in the year 1987 which calls for it to be a market competitor since three decades.

Its referral programmes are an attractive feature in the eyes of the investor as it serves cash and kind benefit for their portfolio.

To start a franchise with Angel Broking, the initial capital to be invested is about Rs. 50,000 to Rs. 1,50,000 and the revenue sharing is about 50% to 70%.


Rank 3 – Sharekhan – Best Stock Broker Franchise in Chakradharpur

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

The 3rd on the list of the Best Stock Broker Franchise in Chakradharpur is ShareKhan.

The online trading facility of sharekhan has the highest customers in the market. It has spread across 3000 outlets and more than 600 cities.

Starting a franchise with Sharekhan is easy and requires the business person to have a minimum capital of Rs. 70,000 to Rs. 1,00,000 in order to invest in the unit.


Rank 4 – Alice Blue – Sub Broker Franchise in Chakradharpur

Franchise NameAlice Blue Franchise
Business ModelSub Broker
Security DepositMinimum of Rs.10,000
Revenue Sharing50% – 75%
Receive Payout in28 Days
Branch OfficesAlice Blue Branch Offices
“Become a Sub Broker / Partner with Alice Blue” Become Sub Broker

The 4th ranked Sub Broker Franchise in Chakradharpur is Alice Blue Online. This broking house provides range of services to clients because of which it stands on the list of the top demanded broking firm in Chakradharpur.

Since its minimum investment is also very low, it is a good franchise option to consider by potential business person.

Its attractive feature in the eyes of the franchisee is the payout days that is approximately calculated to be 28 days.


Rank 5 – IIFL – Top 10 Business Partner in Chakradharpur

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

Another Top 10 Business Partner in Chakradharpur is India Infoline. India Infoline is looking for passionate and market driven business person who wish you carry on the legacy of the reputed brand for the franchise business.

Its business development and client acquisition support make it a demanded one from many who are looking to start a franchisee.

The business model is that of sub broking and revenue sharing is on a 50% to 75% basis.


Rank 6 – Astha Trade – Best Share Broker Franchise in Chakradharpur

Franchise NameAstha Trade Franchise
Business ModelSub Broker
Security DepositRs.50,000 – Rs.200,000
Revenue Sharing50% – 80%
Receive Payout in31 Days
Branch OfficesAstha Trade Branch Offices
“Become a Sub Broker / Partner with Astha Trade” Become Sub Broker

The 6th ranked Best Share Broker Franchise in Chakradharpur is Astha Trade. This broking house has an easy set up for individuals to associate with them.

They have many policies for new franchisee based on pricing, referrals, partnership and more. The capital needed to start the franchise is Rs. 50,000 to Rs. 2,00,000.

The approximate days in which cash flow can be expected is 31 days.


Rank 7 – Upstox – Best Broking Partner in Chakradharpur

Franchise NameUpstox Franchise
Business ModelSub Broker
Security DepositRs.25,000 – Rs.50,000
Revenue Sharing10% – 30%
Receive Payout in31 Days
Branch OfficesUpstox Branch Offices
“Become a Sub Broker / Partner with Upstox” Become Sub Broker

Another Best Broking Partner in Chakradharpur is Upstox. Here, the investment is minimum and the cash flow is sooner than expected.

Testimonials from previous franchisees have also discussed how offers provided by Upstox has driven them to good income from the business.

All you need to have to start the franchise is a capital of Rs, 25,000 to Rs. 50,000. Since the business is based on a revenue sharing criteria, 10% – 30% of the overall annual income belongs to the franchisee.


Rank 8 – Nirmal Bang – Top Master Franchise in Chakradharpur

Franchise NameNirmal Bang Franchise
Business ModelSub Broker
Security DepositRs.75,000 – Rs.200,000
Revenue Sharing50% – 70%
Receive Payout in1 month
Branch OfficesNirmal Bang Branch Offices
“Become a Sub Broker / Partner with Nirmal Bang” Become Sub Broker

Nirmal Bang is a Top Master Franchise in Chakradharpur standing 8th in the list.

An attractive feature to start the franchise with this broking house is the support that they provide so that the franchise can work to its best potential.

The revenue sharing for the broking house is 50% to 70% which is agreed upon on mutual terms as per both the parties.


Rank 9 – SAMCO – Franchise Business Partner in Chakradharpur

Franchise NameSAMCO Franchise
Business ModelReferral Program
Security DepositZero
Revenue Sharing10% – 20%
Receive Payout in27 Days
Branch OfficesSAMCO Branch Offices
“Become a Sub Broker / Partner with SAMCO” Become Sub Broker

The 9th listed Franchise Business Partner in Chakradharpur is SAMCO. This broking house provides referral programmes on a two-way basis where referring to a family or friend can help one gain 20 free trades and the referred can also avail 20 free trades.

There is no initial investment cost needed to be put in to start franchise for SAMCO. The revenue sharing is about 10% to 20% of the net income.


Rank 10 – ICICI Direct – Share Market Franchise in Chakradharpur

Franchise NameICICI Direct Franchise
Business ModelSub Broker
Security DepositRs.75,000 – Rs.200,000
Revenue Sharing50% – 75%
Receive Payout in30 Days
Branch OfficesICICI Direct Branch Offices
“Become a Sub Broker / Partner with ICICI Direct” Become Sub Broker

Last on the list for the Share Market Franchise in Chakradharpur is ICICI Direct. It is a branch of the ICICI family and is reputed in the market known for services in Equity, Mutual Funds, Future and Options and more.

If you wish to start a franchise for ICICI Direct, then you need to agree to 50% to 75% revenue sharing and invest about Rs. 75,000 to Rs. 2,00,000.


Sub Broker Franchise in Chakradharpur – Conclusion

These are the top 10 Sub Broker Franchise in Chakradharpur that are considerable business opportunities for young and old entrepreneurs.

We hope you have understood the needful to start a sub broking franchise in Chakradharpur with the listed capital prerequisite and revenue sharing deal.

This information will make it much easier for you to make a strong grounded choice likewise.


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