Escorts Securities Franchise is the forefront for dealing within the non-banking financial sector and the Indian stock trading and broking industry active on behalf of the entire Escorts Group, the multinational conglomerate of Indian origin.
We will put all our efforts today within this article to determine the compatibility of Escorts Securities Sub Broker program based on multiple parameters like their type of business models, type of services and offers they extend towards their respective business partners & more.
Escorts Securities Franchise Customer Ratings & Review
|Escorts Securities Franchise Ratings|
|Products & Services||5.5/10|
About Escorts Securities Franchise
Escorts Securities Franchise was incorporated as a full service brokerage house within the national capital of Delhi in the year 1991 by their founder Ashok Aggarwal to function under the pedigree of the Escorts Group.
The corresponding franchiser is a member of the National Stock Exchange within the cash and F&O segments.
The corresponding franchiser has been functioning well for years in accordance to their philosophy of making the act of investing a happy experience for their respective customers.
They critically require the time of 28 (twenty eight) days to create a new Sub Broker’s Code and around 3 – 4 weeks to process and conclude any outstanding payments to their respective business associates.
Become an Authorized Pers0n of Escorts Securities
Types of Escorts Securities Partnership Association
Escorts Securities Franchise, unlike most of their respective competitors within the industry, prefer to be engaged with their respective business partners in accordance with two distinct kind of business distribution and reselling opportunities that is, their Sub Broker model and their Referral Program.
- Sub Broker Model
- Referral Program
Escorts Securities Sub Broker or Escorts Securities Authorized Person
As long as the Sub Broker business distribution and authority model of Escorts Securities Franchise is considered, the engaging parties (other than the franchiser themselves) are allowed to re-distribute the corresponding franchiser’s primary financial products, services as well as the access to their dedicated trading platforms (remote or otherwise) to their respective business partners.
Nevertheless, the business associates of the corresponding franchiser are not granted any kind of are wise business dominance.
However, they can still provide their respective customers with added facilities in accordance to their affordability and convenience without any interruption from the franchiser.
Benefits of Escorts Securities Authorized Person
Getting registered for the rights of the Escorts Securities Sub Broker business distribution model guarantees a lot of benefits including:-
- A hefty commission given by the corresponding franchiser depending up on the overall business generated by the respective business associates on behalf of the franchiser, under the franchiser’s revenue sharing policy.
- Complete freedom to act and operate as per the will and convenience of the respective business associates without getting interrupted by the corresponding franchiser.
- An opportunity to work alongside a brand that has a positive reputation within the Indian stock trading and broking industry along with an experience of serving for nearly 30 (thirty) years to a diverse client base.
Escorts Securities Referral Program
Escorts Securities Franchise has also included the Referral Program within their respective list of business association and distribution models.
This particular program is considered to be the most fruitful by many as the parties engaging with the corresponding franchiser in accordance to this business model are required to be the least committed towards the business growth of the franchise on the whole.
As a matter of fact, the only task of a respective business partner engaged with the franchiser as per this business program is to refer high quality prospects who might be interested in taking up a franchise of the corresponding franchiser or opening up a Demat or a Trading Account with the.
The referring party is granted a certain commission on the basis of each conversion.
Benefits of Being Escorts Securities Referral Program
There are only a handful of benefits that this particular business scheme presents to the respective business associates:-
- This particular business program can be used by any other business associate of the corresponding franchiser in order to generate some extra income.
- This business association scheme does not requires the respective business associates to be as much committed to the overall business development as other business models.
Escorts Securities Partner Revenue Sharing or Escorts Securities Sub Broker Commission
Being a part of one of the most reputed business houses in the country, Escorts Securities Franchise have a reputation of sharing rather good amount in terms of commission as a part of the overall revenue generated on the overall business executed on their behalf.
In fact, they pay 60 % – 75 % of the total revenue generated in business by their respective Sub Brokers and 15 % of the total Revenue on the overall business generated (if any) from the references given as per their Referral Program.
Refer to this Table for clear picture:
|Revenue Sharing||Clients Share||Escorts’s Share|
|Sub Broker||60% – 75%||40% – 25%|
Start your Broking Business with Escorts Securities
Escorts Securities Franchise Cost or Security Deposit
Escorts Securities Franchise is very particular in asking for a certain amount from their respective business partners at the beginning of the partnership tenure. As a matter of fact, they are very strict about the entire thing.
They typically charge an amount varying from between Rs. 30,000 – Rs. 1,00,000 from their respective Sub Brokers. Nevertheless, they do not charge even a single penny on order for anyone to take advantage of their Referral Program.
The overall variation you can spot within the Security Deposit requirement from the Sub Brokers is due the fact that the franchiser has different set of benefits reserved for the business partners paying off different Security Deposit.
Check this table below for better understanding of Escorts Securities Franchise Cost:
|Sub Broker||Rs.30,000 – Rs.100,000|
These Sub Broker Franchise ask for low Security Deposits:
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Escorts Securities Franchise Infrastructure Set-up Cost
Escorts Securities Sub Broker program demands their respective business associates to have an office space with at least 100 sq ft of area.
The sub broker needs to have their own Research Services and an active and strong internet connection in order to execute multiple online trades as well as handle communication all at the same time.
Escorts Securities Sub Broker Offers
Escorts Securities Franchise has only two offers to give to their respective business associates that is Zero Deposit Policy and Flexible Revenue Sharing Scheme.
Here is the list of other Sub Broker Franchise with Great Offers:
|Angel Broking Franchise||Kotak Securities Franchise||Sushil Finance Franchise||Profitmart Franchise|
|Motilal Oswal Franchise||ICICI Direct Franchise||Prabhudas Lilladher Franchise||Swastika Investment Franchise|
Escorts Securities Franchise or Escorts Securities Authorized Person – Eligibility Criteria
Before discussing the criteria that are exclusive to Escorts Securities, it is important to take a note of the statutory & regulatory requirements.
Here is the entire list of requirements that has been made mandatory by the corresponding franchiser as the eligibility criteria for their respective business partners:-
- Applicant must have an educational qualification of at least ten plus two in order to apply.
- The applicant must have a certificate issued by the NSIM on their name in order to apply.
- Candidate must have an explicit experience of minimum two years in a row in broking and trading in order to apply.
- The Candidate must have a basic knowledge of a few computer programs like MS Excel in order to apply.
How to become a Escorts Securities Sub broker or Authorized Person?
If you are interested to join in the league of the business associates of Escorts Securities Franchise, then you have definitely come to the right place. This is all you must do:-
- Locate and click on a button that reads “Become a business partner / associate” in this article.
- Fill in the form that pops up on your computer screen and upload with a couple of required documents as mentioned above.
- Wait for someone to call you on behalf of the corresponding franchiser to finalize the last few formalities and hand you over their respective business rights.
Documents required to become Escorts Securities Authorized Person
One needs to submit a minimum of the following documents:
- PAN Card
- Payment Proof for complete security deposit
- Birth Certificate
- GST Registration
- Cancelled Cheque
- SEBI Registration Certificate
- Investment Proof
- Passport sized photos
- Academic Certificates
Check the list of Stock Market Franchise with quick Sub Broker tag generation process:
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Why Partner with Escorts Securities?
There are a lot of reason you must consider in order to choose Escorts Securities Franchise as your prime business franchiser for the Indian stock trading and broking industry, some of which are:-
- You will get an opportunity to work alongside a brand that can track down their origin to a globally recognized Indian origin multinational conglomerate with a rich experience of over two decades in the field of serving a huge diversity of clients throughout the nation.
- You can tap in to or leverage the fact that Escorts Securities Franchise has been serving with utter satisfaction for their respective clients throughout the nation in order to gain new clients to commence business with you on behalf of the corresponding franchiser.
- The corresponding franchiser has a provision to give out free Trading Account to their respective clients, thus getting you even more clients of their behalf.
- Escorts Securities Franchise has been known for their valuable Client Dealing and Client Acquisition Training, that they occasionally host for their respective business associates.
- They also provide their respective business associates with the Back Office access for their respective clients, thus sharing the overall workload of their employees and enabling them to focus on more important tasks at hand that is Client Acquisition and Business Operations.
- This model provides occasional services to their respective business partners in terms of acute marketing support, thus helping them to get established within their respective area of business easily.
Escorts Securities Franchise Conclusion
Escorts Securities Franchise can be a good choice to start with within the Indian stock trading and broking industry as far as fully integrated brokerage franchisers are considered.
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Start your Broking Business with Escorts Securities
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