Find out the list of Best Sub Broker Franchise in Vellore here.
Every broking house comes with different utility and to amalgamate with a broking house and be a partner for the same, it takes an ample amount of background check to see which one does a business person fit best with.
For franchising with a broker to start an outlet in Vellore, we have written this article to describe the top sub broker in Vellore.
With the information on the Top 10 sub brokers in Vellore drawing conclusions on which pick would serve the potential franchisees interest will be cleared.
List of Top 10 Sub Brokers Franchise in Vellore
The below table lists the best sub broker franchise in Vellore. It is ranked in order of demand from localities.
The best broking house in the eyes of the city is listed first followed by others which call for the Top 10 broking house that provides franchise for the ones who wishes to be a part of the business.
The 1st on the list is ShareKhan followed by Zerodha, Angel Broking, Geojit Finance, JM financial, Mastertrust Capital and 4 others.
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Rank 1 – Sharekhan – Number 1 Broking Franchise in Vellore
| 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 |
| Branches in City | Sharekhan Branch Office in Vellore |
The 1st on the list of the Top Broking Franchise in Vellore is Sharekhan. This broking house is a market competitor that has about 2400 outlets in 575 cities.
It offers services to every range of individuals from traders to investors and NRI’s. Its partnership model is based on mutual compromises between both the parties.
Starting the business would need funds of minimum Rs. 70,000 that can be recovered after cash inflow within 33 days.
Rank 2 – Zerodha – Top Sub Broker in Vellore
| 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 |
| Branches in City | Zerodha Branch Office in Vellore |
A very well and easy way to earn from franchisee business is by partner programmes.
The Top Sub Broker in Vellore providing partner business is Zerodha. It allows the franchisee 10% to 30% of the brokerage revenue that is earned from referrals.
Moreover, the investment required to partner with the broking house is very less and can soon be recovered with increasing clients and multiple trades placed.
Rank 3 – Angel Broking – Best Stock Broker Franchise in Vellore
| 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 Vellore |
The next Best Stock Broker Franchise in Vellore is Angel Broking. It is known for its minimal broking fees that has attracted many customers to start a portfolio with the firm.
With the large client segment, the franchisee can earn more by being a partner of the brand.
Its investment is less and payout days is lesser than other brands that give out franchise for business.
Rank 4 – Geojit Finance – Sub Broker Franchise in Vellore
| 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 Vellore |
The 4th most demanded Sub Broker Franchise in Vellore is Geojit Finance. It is named after its founder CJ George.
Its operational efficiently has shown an increase due to the manpower, technology and distribution criteria of the brand.
To start a franchise for Geojt Finance, one has to adhere to its revenue sharing model and invest an amount close to Rs. 50,000 to Rs. 1,50,000.
Rank 5 – JM Financial – Top 10 Business Partner in Vellore
| 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 |
Ranked 5th on the Top 10 Business Partner in Vellore is JM Financial.
It has plenty of outlets in the country and has relationship managers who constantly support the new franchisee throughout the life of the business. The services it provides are the ones mostly demanded from investors who trade in the market.
To be a partner for this franchise, investment of a minimum of Rs. 50,000 is necessary and the revenue of the firm is spilt between the franchiser and franchisee.
Rank 6 – Mastertrust – Best Share Broker Franchise in Vellore
| Franchise Name | Mastertrust Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.50,000 – Rs.100,000 |
| Revenue Sharing | 60% – 80% |
| Receive Payout in | 45 Days |
| Branch Offices | Mastertrust Branch Offices |
The 6th Best Share Broker Franchise in Vellore is Mastertrust Capital.
It is a broking firm providing sub broker franchise to entrepreneurs who wish to start trading in the stock market with low investment amount of nearly Rs. 50,000.
Its revenue sharing criteria is nearly 60% to 80% and pay out can be expected in 45 days.
Rank 7 – Choice Broking – Best Broking Partner in Vellore
| Franchise Name | Choice Broking Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.15,000 to Rs.25,000 |
| Revenue Sharing | 50% – 80% |
| Receive Payout in | 20 Days |
| Branch Offices | Choice Broking Branch Offices |
| Branches in City | Choice Broking Branch Office in Vellore |
To be a sub broker for choice broking means being a part of the Best Broking Partner in Vellore.
This broking house provides great opportunities by letting out various sub broking models along with full assistance to franchisees.
Its investment amount is not more than Rs. 25,000 and cash inflow can be expected within 20 days of starting the business.
Rank 8 – NJ Wealth – Top Master Franchise in Vellore
| 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 |
Franchising with the Top Master Franchise in Vellore also has an option to be a sub broker for NJ Wealth.
This firm is one of the best business management company in Gujarat that has a large network of business partners working towards a single goal of betterment of the business.
It has easy procedures to follow to start the franchise with a promising payout days approximated at 31 days for Vellore.
Rank 9 – SMC Global – Franchise Business Partner in Vellore
| Franchise Name | SMC Global Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.50,000 – Rs.100,000 |
| Revenue Sharing | 65% – 75% |
| Receive Payout in | 30-45 Days |
| Branch Offices | SMC Global Branch Offices |
SMC Global was incorporated in 1994 and is a potential Franchise Business Partner in Vellore.
It has range of services pertaining to the stock market that attracts many investors to be a part of the broking house.
Having a minimum capital of Rs. 50,000 is a must to start the franchise and is built on a platform where the revenue is shared between the franchiser and franchisee.
Rank 10 – Religare Securities – Share Market Franchise in Vellore
| 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 |
| Branches in City | Religare Securities Branch Office in Vellore |
The last on the list for the Share Market Franchise in Vellore is Religare Securities.
The firm has an active client base of about a lakh that trade in equities, derivatives, mutual funds and more every day. It has established more than 500 outlets till today.
If you wish to start an outlet for the brand too, then you have to adhere to its revenue sharing criteria and put in an investment amount of about Rs. 50,000 to Rs. 2,00,000.
Sub Broker Franchise in Vellore – Conclusion
For starting a Sub Broker Franchise in Vellore this article is the key to the one who wishes to know about the trending and demanded broking house in the city.
Franchisees preference is always seen with regard to the investment to be put in, the revenue sharing criteria of the brand and the payout days in which return can be expected, and this article sums it all.
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