Find the list of Best Sub Broker Franchise in Dharwar here.
Large broking houses give their franchise to potential sub brokers to set up an outlet in the city so that extra income in terms of brokerage can be earned and shared among both the parties.
This calls for an expansion in customer usage as well as give the franchise a chance to gain more renounce in the market.
If you wish to know about the best sub broker franchise in Dharwar then this is the right place to be at.
We have listed 10 sub brokers in Dharwar that are highly demanded by investors and are great investment and business options to potential business persons.
List of Top 10 Sub Brokers Franchise in Dharwar
On the basis of ranks, the best sub broker franchise in Dharwar are listed in the table below.
These ranks are set up after research on the broking house, its services provided, reputation, past performance and more.
For the city of Dharwar, the first ranked broking house is Motilal Oswal. Following its steps are Angel broking, Sharekhan, Alice Blue Online, India Infoline and more whose details are mentioned below.
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Rank 1 – Motilal Oswal – Number 1 Broking Franchise in Dharwar
| Franchise Name | Motilal Oswal Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.300,000 |
| Revenue Sharing | 50% – 70% |
| Receive Payout in | 31 Days |
| Branch Offices | Motilal Oswal Branch Offices |
Motilal Oswal ranks on the Top Broking Franchise in Dharwar for having more than 30 years of equity experience.
It provides range of products besides market-based services like PMS, Real Estate, PE and more. Through its high tech platform clients choose this broking house to trade in the market.
Having high seniority in the market has made it a top brand therefore the investment amount for the franchise is higher than the others that is Rs. 3,00,0000.
Rank 2 – Angel Broking – Top Sub Broker in Dharwar
| 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 |
| Branches in City | Angel Broking Branch Office in Dharwar |
The next Top Sub Broker in Dharwar is Angel broking. It stands high on the list for having good market reputation and more than a million retail clients who trusts its services.
It has grown to expand nearly 110 branches all over the country.
To be a part of this broking house is easy and comes with a small sum of initial capital investment that is to be made by the franchisee. The calculated inflow of income is about 15 days.
Rank 3 – Sharekhan – Best Stock Broker Franchise in Dharwar
| 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 |
Among the Best Stock Broker Franchise in Dharwar, Sharekhan stands 3rd. This sub broking franchise works on a flexible commission model.
The basis of revenue sharing is 50% to 70% and differs from franchisee to franchisee in accordance of security deposit and revenue generated by the outlet.
The minimum security deposit is Rs. 70,000 to start the business. However, it can range up to Rs. 1,00,000 as well based on pre decided terms.
Rank 4 – Alice Blue – Sub Broker Franchise in Dharwar
| Franchise Name | Alice Blue Franchise |
| Business Model | Sub Broker |
| Security Deposit | Minimum of Rs.10,000 |
| Revenue Sharing | 50% – 75% |
| Receive Payout in | 28 Days |
| Branch Offices | Alice Blue Branch Offices |
Next Sub Broker Franchise in Dharwar is Alice Blue Online.
The broking house provides franchise with high revenue sharing ratio, support in all aspects along with training to set up the franchise and market techies to work towards business development.
The investment amount is a minimum of Rs. 10,000 and the revenue sharing is based on mutual comprises ranging from 50% to 70%.
Rank 5 – IIFL – Top 10 Business Partner in Dharwar
| 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 |
| Branches in City | IIFL Branch Office in Dharwar |
The 5th Top 10 Business Partner in Dharwar is India Infoline. It is a sub broking franchise that provides wide range of financial services to clients who wish to trade in the Indian market.
It has nearly 10,000 sub brokers in over 900 cities. Starting a franchise in Dharwar will be a great business opportunity for the franchisee.
The investment amount and revenue sharing model is based on a negotiation basis and can range between Rs. 50,000 to Rs. 2,00,000 and 50% to 70% respectively.
Rank 6 – Astha Trade – Best Share Broker Franchise in Dharwar
| Franchise Name | Astha Trade Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.50,000 – Rs.200,000 |
| Revenue Sharing | 50% – 80% |
| Receive Payout in | 31 Days |
| Branch Offices | Astha Trade Branch Offices |
The 6th listed Best Share Broker Franchise in Dharwar is Astha Trade.
This discount broking firm was founded in 2003 by Satish Chandra Gupta. Its headquarters are Bhopal and it provides mobile app based broking facility to customers.
If you wish to start a franchise for Astha Trade, a capital of Rs. 50,000 to Rs. 2,00,000 will be needed for investment.
Rank 7 – Zerodha – Best Broking Partner in Dharwar
| Franchise Name | Zerodha Franchise |
| Business Model | Partner Program |
| Security Deposit | Rs.11,000 |
| Revenue Sharing | 10% – 30% |
| Receive Payout in | 45 Days |
| Branch Offices | Zerodha Branch Offices |
Millions of investors trade in the stock market every day. Another Best Broking Partner in Dharwar that is preferred by investors is Zerodha.
Its attractive feature is its low brokerage costs and niche platform that connects the market to the investors in the easiest and quick way.
Many franchisees choose Zerodha as it features a partner program demanding investment of Rs. 11,000 from the franchisee.
Rank 8 – Nirmal Bang – Top Master Franchise in Dharwar
| Franchise Name | Nirmal Bang Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.75,000 – Rs.200,000 |
| Revenue Sharing | 50% – 70% |
| Receive Payout in | 1 month |
| Branch Offices | Nirmal Bang Branch Offices |
The 8th most preferred among the Top Master Franchise in Dharwar is Nirmal Bang.
Its eligibility criteria is vast which gives many business person the opportunity to start the franchise for this broking house. It provides free market pay in and digital contract notes for the trades placed.
The cash flow can be expected within a month of the broking houses establishment and the annual brokerage is shared by both the parties along pre-decided terms.
Rank 9 – Aditya Birla Money – Franchise Business Partner in Dharwar
| Franchise Name | Aditya Birla Money Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.75,000 – Rs.250,000 |
| Revenue Sharing | 55% – 75% |
| Receive Payout in | 1 month |
| Branch Offices | Aditya Birla Money Branch Offices |
Another franchise opportunity in Dharwar is Adity Birla Money.
This Franchise Business Partner in Dharwar offers services on online trading, IPO, Mutual funds, Mortgage Advisory, Margin Funding and more.
Commencement of the franchise would require investment of Rs. 75,000 to Rs. 2,50,000 and the royalty received is about 55% to 75% of the net income earned through services.
Rank 10 – ICICI Direct – Share Market Franchise in Dharwar
| Franchise Name | ICICI Direct Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.75,000 – Rs.200,000 |
| Revenue Sharing | 50% – 75% |
| Receive Payout in | 30 Days |
| Branch Offices | ICICI Direct Branch Offices |
Lastly, the 10th Share Market Franchise in Dharwar is ICICI Direct. It is a SEBI registered company listed on both NSE and BSE.
It provides range of services and makes sure that one on one engagement is made with customers to increase trust in the eyes of the investors.
Major training and support is provided to the partners. However, the franchise can be established only after clearing a security deposit of minimum Rs. 75,000.
Sub Broker Franchise in Dharwar – Conclusion
We hope finding the best Sub Broker Franchise in Dharwar was made easy by all the information provided in this article.
A sub broking franchise is always a good business idea as investing never gets old and brokerage fees serves as a great deal of income to an owner.
We hope you have decided the best suited franchise for you with the details provided here.
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