In this piece of writing, we would be imparting you insights about the Basan Equity Franchise and how to be one.
If you are engrossed in becoming a Basan Equity Sub Broker, then you have to read this, for you will find most of your questions being unraveled here concerning being allied with them.
All your doubts like how to enroll with Basan Equity, what permits are required, what is the eligibility criterion and what the revenue sharing percentage is, everything will be made clear here.
| Basan Equity Broking Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.200,000 |
| Revenue Sharing | 60% – 75% |
| Payout Time | 35 Days |
| SB Code Activation Time | 35 Days |
What do you know about Basan Equity Broking Franchise?
Basan Equity Broking is an experienced Private Full-Service Broker that inaugurated its maneuvers in India in the year 2007. Their Founder, Mr. Basanth Agarwal, set up the corporation in the late 2000s in the city of Pearls, Hyderabad.
If you are scheduling to get connected with them as a Basan Equity Broker Sub Broker, then you certainly will not be repentant as they are a very evident and fair-minded organization.
Their fee modes are undemanding and usual, mostly on a 35-day payout cycle. Being a Basan Equity Franchise is also not a very multifaceted task; the whole turnaround time of application to getting the activation code takes a little over a month (35 days) too.
| Basan Equity Broking Business Partner Overview | |
| Here is the overview of the Basan Equity Broking Franchise | |
| What type of Company is it? – Public / Private | Private |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | Hyderabad, A.P |
| Who is the Founder? | Basanth Agarwal |
| What is the year of establishment? | 2007 |
| How many days does it take for SB Code Activation? | 35 Days |
| How many days/weeks it takes for Payout? | 35 Days |
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What are the various Business Models that Basan Equity Broking Sub Broker Program provides?
If you want to turn out to be a Basan Equity Broking Franchise, all you have to do is pursue a very easy process. They are a lot of unfussy establishments and hence their business models are also extremely straightforward and basic.
They function only in one model i.e. the Sub Broker model. This means that you are capable to become a Basan Equity Sub Broker and not an Agent or Remisier.
- Sub Broker / Authorised Person
Basan Equity Sub Broker / Authorised Person
The universal capital provides several sub-brokers with its franchise with their own free will to operate under the company’s name.
This lets a monopoly business, where a sub-broker from one company can work with any more sub-broker of the same company at the exact time.
| Basan Equity Broking Franchise Business Models | |
| Know about various Business Models of Basan Equity Broking | |
| Is the Sub Broker business model available? | Yes |
| Do they provide Referral Program? | No |
| Do they provide Master Franchise Model? | No |
| Does this broker provide Partner / Remisier model? | No |
How does Basan Equity Broking Sub Broker Revenue Sharing work?
The Basan Equity Broking Franchise Revenue Sharing model is clearly defined and extremely crisp. Since they have only one working Sub Broker Model, the profit percentage is also pre-defined for everyone.
They concede the attempts of their business associates and give them paramount allowable share. If you work together with them, subsequently your Basan Equity Broking Sub Broker Commission will likely be near 60-75 percent of the total earning spawned by you.
The higher proceeds share can be settled if you pledge them a higher proceeds generation or a heavier business quantum.
| Basan Equity Broking Sub Broker Revenue Sharing | |
| Find the details of the Basan Equity Broking Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | 60% – 75% |
| Do they provide revenue sharing or direct pay for Referral Program? | NA |
| How much is the revenue sharing Master Franchise business? | NA |
| How much is the revenue sharing required for Partner / Remisier model? | NA |
Know about Revenue Sharing of other Sub Broker Franchise
What is the Basan Equity Broking Business Partner Security Deposit requirement?
Above all, the Basan Equity Broking Franchise Cost is not as high as other players in the market. Numerous corporations charge a beefy amount, on occasion up to Rs.5lac also a one-time security deposit.
On the other hand, with this establishment, your total Basan Equity Broking Sub Broker Investment would be anything between Rs. 50,000 to a maximum of Rs. 2,00,000. This disproportion in the security deposit amount is also for an odd reason.
If you have an active business setup or a robust customer base and if you ensure to provide a large volume of business to the company, you can simply settle for a minimum venture.
| Basan Equity Broking Franchise Security Deposit | |
| Check the Basan Equity Broking Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | Rs.50,000 – Rs.200,000 |
| Is there any security deposit required for Referral Program? | NA |
| What is the initial investment required for Master Franchise Model? | NA |
| What is the deposit required for Partner / Remisier Model? | NA |
What are the various Offers rolled out by Basan Equity Broking Authorised Person Program?
Be convinced to get many Basan Equity Broking Sub Broker Offers if you register with them. Flexible Revenue sharing is one of the chief bargains that you get from them.
In spite of this, options like Flat Revenue sharing, Zero Deposit, 10k Initial Deposit, or Zero Revenue Sharing with Prepaid are not accessible in the directory of Basan Equity Broking Franchise Offers.
| Basan Equity Broking Sub Broker Offers | |
| Here is the list of Basan Equity Broking Franchise offers available to the clients | |
| Do they provide Flexible Revenue Sharing offer? | Yes |
| Are they providing Flat Revenue Sharing offer? | No |
| Do they offer Zero Revenue Sharing model with Prepaid payment? | No |
| Do they provide Zero Deposit scheme? | No |
| Are they offering 10k Initial Deposit scheme? | No |
Check out the various offers of other Sub Broker Providers
What are the various Supports provided to Basan Equity Broking Business Partner?
Being an associate with the company, you surely can anticipate a lot of help in the form of Basan Equity Broking Franchise Support.
As a fragment of the Basan Equity Broking Partner Support, you can also look forward to end-to-end Back-office support from their panel and also trading related support for your customers as well as you.
Then again, they do not offer any type of Marketing support or Advisory support to their associates, nor do they invest in training their partners in Acquisition, Dealing, and Product training, that is one bit you will have to deal with yourself.
| Basan Equity Broking Business Partner Support | |
| Here are the various Support Basan Equity Broking Franchise needs to provide to their clients | |
| Do they provide Acquisition Training to their associates? | No |
| Do they provide Training for Dealers of their sub brokers? | No |
| Are they providing Product Training for their business partners? | No |
| Do they provide Back-Office Support for their authorised person? | Yes |
| Are they providing Trading Support to their business partners? | Yes |
| Are they sharing Advisory Support with their partners? | No |
| Does the broking house provide Marketing Support to their sub brokers? | No |
Which is the Infrastructure required for Basan Equity Broking Sub Broker Program?
The Basan Equity Broking Partner Requirement in requisites of infrastructure is also tremendously reasonable and old school. They don’t have flashy hopes or claims from their associates to uphold high infrastructure values.
The corporation wants you to sustain a small office space for the trade of approximately 100 sq ft with no such imposition on the number of employees required.
Several other obligations as a part of the Basan Equity Broking Sub Broker Infra Requirement are fundamental provisions like proper Telephone and Internet connection, Trading Terminals and facility of Research Services in their workplace.
| Basan Equity Broking Partner Infrastructure Requirement | |
| Find the various Infra required to take up Basan Equity Broking Franchise | |
| What is the Employee Strength needed to start this franchise? | Not Mandatory |
| Do the Sub Broker needs to provide Trading Terminals? | Yes |
| Is the Internet Connection mandatory to take up franchise? | Yes |
| Are Telephone Lines mandatory for Business Partners? | Yes |
| Is it mandatory to provide Research Services by Sub Broker? | Yes |
| How much is the size of Office Area required to become a Sub Broker? | Minimum 100 Sq Ft |
Find out the basic requirements of other Stock Broking Franchise
What are the Eligibility Criteria to Become Basan Equity Partner?
Similar to any other stockbroker, they also have their Basan Equity Broking Sub Broker Eligibility. This includes that you must have the NISM certification to become a sub-broker and give investment to the customers.
For your educational qualification, they have a benchmark of 10+2 level or higher set. They expect their applicants to have a few years of know-how to get the privileges of sub-broker from them.
They also require their applicants to have deep knowledge in the field of investment and financial products. These are some of the Basan Equity Broking Franchise Eligibility criteria that one needs to fulfill while applying with them.
What are the brokerage charges levied on the Clients of Basan Equity Broking Partners?
If there is one thing you want to boast about the company, it has to be their charge for the brokerage as Basan Equity Broking Partner Charges which is one of the least across the big business.
Under Equity Intraday your customer will have to pay just 0.03 percent and for Equity Delivery your customers will be charged 0.30 percent of the entire deal. Again, under Currency Options and Equity Options, customers will be charged Rs.30 per lot.
Equity Futures and Currency Futures charge only 0.03 percent. If you evaluate the Basan Equity Broking Authorised Person Charges, it is extremely small as equated to other market competitors and this is the finest approach to draw more customers.
| Basan Equity Broking Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Basan Equity Broking Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.03% |
| How much are Equity Delivery charges? | 0.30% |
| How much is the charge levied on Equity Options? | Rs.30 per Lot |
| How much are the Currency Options charges? | Rs.30 per Lot |
| What are Equity Futures charges? | 0.03% |
| What are the charges levied on Currency Futures? | 0.03% |
| What are the charges levied on Commodity Trading? | NA |
What are the Account Opening Charges Levied to the clients of Basan Equity Broking Sub Broker?
Account opening charges with Basan Equity Broking are something to be certain about. Your clientele will have to pay funded rates under the Basan Equity Broking Franchise Charges.
There is a charge of a mere Rs.100 for opening an account, and a minimum amount of Rs.5,000 is also to be maintained under Margin Money. Yet for maintaining the Demat Account, your customers will need to pay Rs. 299 per annum.
This proves that your customers will be shrewdly charged concerning the Basan Equity Broking Sub Broker Charges alongside a mere transaction charge of 0.0032 percent.
| Basan Equity Broking Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Basan Equity Broking Franchise to their clients | |
| What are the Account Opening Charges? | Rs.100 |
| What is the Margin Money required? | Minimum Rs.5,000 |
| What is the charge for Demat AMC? | Rs.299 per Annum |
| how much are Trading AMC charges? | Free |
| How much is the Transaction Charges levied? | 0.00320% |
What are the Customer Ratings of the Basan Equity Broking Authorised Person Program?
Where to get sincere and open criticism about the company if not at the Basan Equity Broking Sub Broker Review, their customer ratings might come in handy to help you make your mind up.
The Revenue Sharing model gets 2.3 out of 5 points, the security deposit amount gets 2.5 out of 5, and the experience gets 2.2 out of 5.
Their offers get 2.2 out of 5 and their Mobile trading platforms get 2.3 out of 5. Thus, if you see it entirely, the Basan Equity Broking Franchise Rating would be 2.3 over 5 as an overall score.
| Basan Equity Broking Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Basan Equity Broking | |
| According to Revenue Sharing Model of the Franchiser | 2.3 / 5 |
| Ratings as per Security Deposit provided by the company | 2.5 / 5 |
| As per Experience in the Sub Broker Business | 2.2 / 5 |
| As per Offers provided by the Broking Franchise | 2.2 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 2.3 / 5 |
| Overall Ratings of the Sub Broker Franchise | 2.3 / 5 |
| Star Ratings | ★★★☆☆ |
Basan Equity Broking Franchise Conclusion
In conclusion, Basan Equity Broking Franchise with more than 10 years of experience in the business upheld its standing with great fiscal products and services both towards the business associates as well as the clients.
Working and partnering as Basan Equity Broking Sub Broker can be profitable in many promising ways.
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