Find the list of Best Sub Broker Franchise in Erattupetta.
To start a sub broking franchise in Erattupetta, it is important to know about the demand for brokers from the city and the different features and services that the broking house ought to provide.
For this, a large and extensive research is to be conducted to find out about the Top sub broker in Erattupetta.
So, to save time of the reader or any other business person we have made sure to note details on the important Top 10 sub brokers in Erattupetta and many other details that should be taken into consideration before starting the broking franchise for the same.
List of Top 10 Sub Brokers Franchise in Erattupetta
This section has ranked and listed the best sub broker franchise in Erattupetta based on the demand that is seen in the city.
Every broking house is built on different characteristics, it provides different services and has multiple ways to reach out to the public to increase its usage.
In Erattupetta, the top listed broking house is Geojit Finance. The 2nd and 3rd are Sharekhan and Angel Broking respectively. Along with Zerodha, Alice Blue Online, Karvy, profitmart and more.
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Rank 1 – Geojit Finance – Number 1 Broking Franchise in Erattupetta
Franchise Name | Geojit Finance Franchise |
Business Model | Sub Broker |
Security Deposit | Rs.50,000 – Rs.150,000 |
Revenue Sharing | 50% – 70% |
Receive Payout in | 20 Days |
Branch Offices | Geojit Finance Branch Offices |
Branches in City | Geojit Finance Branch Office in Erattupetta |
Ranking first on the Top Broking Franchise in Erattupetta is Geojit Finance.
Being a partner for this broking house comes with the advantage of being associated with a reputed company that is backed with major shareholders that serves lakhs of investors trading in the stock market.
Moreover, the cash inflow days is approximately 20 days which is much lesser as compared to other broking franchise.
Rank 2 – Sharekhan – Top Sub Broker in Erattupetta
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 |
Another Top Sub Broker in Erattupetta is Sharekhan standing 2nd on the list of the best sub brokers in the city.
It has a smooth blend of online and offline business that works solely towards customer satisfaction. It is one of the biggest retail stock broker in the country working on a revenue sharing basis.
The initial investment would be about Rs. 70,000 to Rs. 1,00,000 to start a franchise for Sharekhan.
Rank 3 – Angel Broking – Best Stock Broker Franchise in Erattupetta
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 |
The next Best Stock Broker Franchise in Erattupetta is Angel Broking. This broking house is looking for ones who wish to work in the financial market by helping investors with their funds.
Moreover, broking is one business that will never get old just like how investment in the market will never have a pause.
Its revenue sharing is negotiable and can range around Rs. 50,000 to Rs. 1,50,000 and its payout days is 2 weeks which calls for quick inflow of income.
Rank 4 – Zerodha – Sub Broker Franchise in Erattupetta
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 |
The 4th best Sub Broker Franchise in Erattupetta is Zerodha. It works on a partnership-based programme so that business persons can start an enterprise with low cost investment.
The programme entitles for spreading the business via personal touch than spending on newspapers and TV ads.
10% to 30% of the brokerage belongs to the franchise after availing the partnership program with Zerodha.
Rank 5 – Alice Blue – Top 10 Business Partner in Erattupetta
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 |
Alice Blue Online is also a part of the Top 10 Business Partner in Erattupetta.
It is based on a revenue sharing criterion that splits the overall profit of the firm earned by providing services in various aspects between the franchiser and franchisee.
The minimum that one will needs to invest is Rs. 10,000 and the revenue sharing can range about 50% to 75%.
Rank 6 – Karvy – Best Share Broker Franchise in Erattupetta
Franchise Name | Karvy Franchise |
Business Model | Sub Broker |
Security Deposit | Rs.50,000 |
Revenue Sharing | 60% – 70% |
Receive Payout in | 33 Days |
Branch Offices | Karvy Branch Offices |
The search for the Best Share Broker Franchise in Erattupetta also lists Karvy with 6th rank.
The broking house is looking for enthusiastic individuals wanting to start their business and willing to carry on the legacy of services provided by the brand.
As Karvy is a service provider for Mutual funds, bonds, IPO’s, PMS and more, its security deposit is about Rs. 50,000 and revenue sharing on a flexible side based on income earned.
Rank 7 – Profitmart – Best Broking Partner in Erattupetta
Franchise Name | Profitmart Franchise |
Business Model | Referral Program |
Security Deposit | Rs.25,000 – Rs.100,000 |
Revenue Sharing | 60% – 80% |
Receive Payout in | 14 Days |
Branch Offices | Profitmart Branch Offices |
Another choice while selecting the Best Broking Partner in Erattupetta is Profitmart.
The firm has launched the country’s 1st 100% franchisee model that offers deposit at a discounted rate. The brand allows customers to place premium trades in any segment that they wish to.
Deposit amount can range within Rs. 25,000 to Rs. 1,00,000 and the expected payout time within which healthy income can be expected is 2 weeks.
Rank 8 – IIFL – Top Master Franchise in Erattupetta
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 |
The 8th ranked Top Master Franchise in Erattupetta is India Infoline.
It is a leading competitor in the broking industry that has accounted more than a million account openings since its origin which signifies strong trust in the brand from public. It has the best trading platform that leads to safe and secure trade execution.
Investment amount to start the franchise is Rs. 50,000 and can range up to Rs, 2,00,000 as well depending on the agreement made by both the parties.
Rank 9 – NJ Wealth – Franchise Business Partner in Erattupetta
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 |
NJ Wealth is a Gujarat based Franchise Business Partner in Erattupetta that focuses on providing top niche services to clients.
It is a private company started in 1994 that grants franchise for business persons to start an outlet in Erattupetta.
If you want to partner with this brand and start a franchise then investment of Rs, 50,000 to Rs. 1,00,000 is necessary for initiating the firm.
Rank 10 – Edelweiss – Share Market Franchise in Erattupetta
Franchise Name | Edelweiss Franchise |
Business Model | Sub Broker |
Security Deposit | Rs.100,000 – Rs.400,000 |
Revenue Sharing | 55% – 70% |
Receive Payout in | 31 Days |
Branch Offices | Edelweiss Branch Offices |
The 10th well known and demanded Share Market Franchise in Erattupetta is Edelweiss.
It has more than two decades of experience with an increasing year on year profit and multiple branches all over the country. Partnering with the franchise gives one the opportunity to be a part of a huge brand name.
Investment amount to start the franchise is about Rs. 1,00,000 to Rs. 4,00,000 and payout time is about a month from starting up the business.
Sub Broker Franchise in Erattupetta – Conclusion
The information on Sub Broker Franchise in Erattupetta serves worthy for anyone who wishes to franchise with the top brands available in the market.
Starting a business comes with a lot of commitment and making sure that the investment is worthy to commit to is the first factor one must look into.
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