Bhumika Consultancy franchise is a private company situated in the city of Palanpur, Gujarat. This is one of the starting companies that brought a breakthrough in the trading market of India.
To get into business with the Bhumika Consultancy sub broker model you need to deposit a minimum amount of Rs. 50,000. Also, sub broker code activation time is around 3-5 weeks.
Bhumika Consultancy Sub Broker Highlight | |
Top Business Model | Sub Broker |
Initial Investment Required | Rs.50,000 – Rs.150,000 |
Revenue Sharing | 60% – 80% |
Payout Time | 33 Days |
SB Code Activation Time | 3-5 Weeks |
What do you know about Bhumika Consultancy Franchise?
You can get an overview of the Bhumika Consultancy franchise from the following table:
Bhumika Consultancy is one of the oldest companies in the market of stocks and is a private company of trading that provides full broker services. The company’s headquarters are located in Palanpur, Gujarat.
The Bhumika Consultancy was founded by Nituben Dineshbhai Ghuria which took the company to great heights since its establishment year 1999.
Bhumika Consultancy sub broker code activation time is 3-5 weeks after registration and approval. Also, payout time is known to take as long as 33 days.
Bhumika Consultancy Business Partner Overview | |
Here is the overview of the Bhumika Consultancy Franchise | |
What type of Company is it? – Public / Private | Private |
What is the Broker type? | Full Service Broker |
Where is the Headquarter located? | Palanpur, Gujarat |
Who is the Founder? | Nituben Dineshbhai Ghuria |
What is the year of establishment? | 1999 |
How many days does it take for SB Code Activation? | 3-5 Weeks |
How many days/weeks it takes for Payout? | 33 Days |
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What are the various Business Models that Bhumika Consultancy Sub Broker Program provides?
Bhumika Consultancy franchise follows the following business model let’s have a look:
Bhumika Consultancy is known to be a reliable company in terms of trading and is known to provide good deals to its worker. The company supports only the sub broker business franchise for the workers working under them:
- Sub Broker / Authorised Person
Bhumika Consultancy Sub Broker
This business model is similar to that of the monopoly working grounds. In this business model the sub brokers no matter how many, work under the same roof for the same company.
Bhumika Consultancy Franchise Business Models | |
Know about various Business Models of Bhumika Consultancy | |
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 Bhumika Consultancy Sub Broker Revenue Sharing work?
Bhumika consultancy Franchise Revenue Sharing model can be known from the following section:
There is only one business model supported by the company and the revenue sharing model is designed accordingly.
Bhumika Consultancy Sub Broker commission varies from 60% of the revenue which is only possible when minimum security deposits are paid. Sub broker can earn as high as 80% of the revenue for higher security deposits.
Bhumika Consultancy Sub Broker Revenue Sharing | |
Find the details of the Bhumika Consultancy Sub Broker Commission for all Business Models | |
What is the revenue sharing for Sub Broker program? | 60% – 80% |
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 Bhumika Consultancy Business Partner Security Deposit requirement?
Bhumika Consultancy sub broker investment requirements are set after years of experience in the trading sector, to know more check the following table:
The Bhumika Consultancy franchise cost is set to Rs. 50,000 for the new business partners, this gives them a stable enough base to start the business.
The security deposits can go as high as Rs 150,000 for the business partners who have been long enough in the market to take some good share of the profit from long-term deals.
Bhumika Consultancy Franchise Security Deposit | |
Check the Bhumika Consultancy Franchise cost requirement for each business model | |
How much is security deposit required for Sub Broker Program? | Rs.50,000 – Rs.150,000 |
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 Bhumika Consultancy Authorised Person Program?
Bhumika Consultancy franchise offers can be known from the following table:
The Bhumika Consultancy sub broker offer includes benefits that will help them get a bigger share of profits. The only offer that the company has included is flexible revenue sharing for the sub broker.
Other offers that are not included by the Bhumika Consultancy franchise are flat revenue sharing, zero deposit, and 10k initial deposits.
Bhumika Consultancy Sub Broker Offers | |
Here is the list of Bhumika Consultancy 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 Bhumika Consultancy Business Partner?
Bhumika Consultancy partner support list includes the following support for their business partner:
Different kind of business requires different support and this is also true for the sub broker business. Bhumika Consultancy franchise support includes various support that ensures smooth business for the sub brokers.
The company has included dealing training for the sub broker. Back office support is also necessary and it is provided by the company.
For the expansion of the business, the company has provided marketing support to all the sub broker to assist them in increasing their market.
Bhumika Consultancy Business Partner Support | |
Here are the various Support Bhumika Consultancy 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? | Yes |
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? | No |
Are they sharing Advisory Support with their partners? | No |
Does the broking house provide Marketing Support to their sub brokers? | Yes |
Which is the Infrastructure required for Bhumika Consultancy Sub Broker Program?
Bhumika Consultancy infrastructure requirement can be known from the following table:
The Bhumika Consultancy has set minimal rules for the infrastructure requirements, these requirements need to be fulfilled to get into business with the company. Let’s take a closer look at them:
- Research services are not mandatory.
- Office area must be greater than 100 Sq Ft.
- Trading terminals are not on the must-have list provided by the company.
- The office should have an active internet connection.
- Telephone lines are also required.
- The company also demands minimum employee strength of 1 member.
Bhumika Consultancy Partner Infrastructure Requirement | |
Find the various Infra required to take up Bhumika Consultancy Franchise | |
What is the Employee Strength needed to start this franchise? | Minimum 1 |
Do the Sub Broker needs to provide Trading Terminals? | No |
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? | No |
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 Aasmaa Securities Partner?
Bhumika Consultancy franchise eligibility involves the following conditions:
- Minimum schooling of 10+2 grades is required from a recognized board of education.
- Before applying for the business opportunity with the company you must have 2-3 years of experience in the field of trading and stocks.
- The company demands that you must have cleared the NISM exam and must have the NISM certification to get into the trading business.
What are the brokerage charges levied on the Clients of Bhumika Consultancy Partners?
Bhumika Consultancy authorized person charges are written in the following table:
The Bhumika Consultancy partner charges include equity options and currency options charges of Rs. 25 and Rs. 15 per lot respectively. As you can observe these charges are pretty minimal compared to rival companies.
Other charges are of equity intraday, equity futures, currency futures, and commodities which all include 0.03%. Another point to be mentioned here is that the equity delivery charges are known to be 0.25%.
Bhumika Consultancy Sub Broker – Brokerage Charges to Clients | |
Here are the brokerage charges levied by Bhumika Consultancy Sub Broker to their clients | |
What are Equity Intraday charges? | 0.03% |
How much are Equity Delivery charges? | 0.25% |
How much is the charge levied on Equity Options? | Rs.25 per Lot |
How much are the Currency Options charges? | Rs.15 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? | 0.03% |
What are the Account Opening Charges Levied to the clients of Bhumika Consultancy Sub Broker?
Bhumika Consultancy sub broker charges are mentioned in the following table:
Bhumika Consultancy franchise charges include minimal charges for the account opening process which can be seen from the table. Account opening charges are Rs. 100, with an exclusive offer of zero margin money.
Demat AMC and trading AMC are set to be Rs. 350 and Rs. 250 per annum respectively. Transaction charges also have low rates i.e. 0.00285%.
Bhumika Consultancy Franchise – Account Opening Charges to Clients | |
Here are the account opening charges levied by Bhumika Consultancy Franchise to their clients | |
What are the Account Opening Charges? | Rs.100 |
What is the Margin Money required? | Zero Margin |
What is the charge for Demat AMC? | Rs.350 per Annum |
how much are Trading AMC charges? | Rs.250 per Annum |
How much is the Transaction Charges levied? | 0.00285% |
What are the Customer Ratings of Bhumika Consultancy Authorised Person Program?
People were asked to rate Bhumika Consultancy on various measures here we have discussed what they have been able to score:
Bhumika Consultancy sub broker review got them an overall rating of 2.3 out of 5 which is the average rating of the market.
The revenue sharing model is known to be the biggest strength of the company and it is rated 2.5 out of 5. Security deposits and offers are rated 2.4 out of 5. The company is rated 2.3 out of 5 for the experience.
Bhumika Consultancy Franchise Customer Ratings | |
Find Client Ratings & Reviews against multiple parameters for Bhumika Consultancy | |
According to Revenue Sharing Model of the Franchiser | 2.5 / 5 |
Ratings as per Security Deposit provided by the company | 2.4 / 5 |
As per Experience in the Sub Broker Business | 2.3 / 5 |
As per Offers provided by the Broking Franchise | 2.4 / 5 |
Ratings as per Mobile Trading App & Trading Platforms | 2.3 / 5 |
Overall Ratings of the Sub Broker Franchise | 2.3 / 5 |
Star Ratings | ★★★☆☆ |
Bhumika Consultancy Franchise Conclusion
Bhumika Consultancy franchise is a private company known for the support that it provides to the sub broker and its flexible revenue sharing model.
The Bhumika Consultancy franchise sub broker gets high revenue sharing according to their security deposits.
Bhumika Consultancy is one of the initial companies and is trustworthy for all business deals. Hope you found what you were looking for.
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