CIL Securities Franchise is one of the growing broking Franchises in India. In this article, you will get a detailed review of the CIL Securities Sub Broker business.
We will also try to provide the information which will help you to take certain decisions to become a Sub Broker of this company.
We will also focus on the brokerage charges, trading platforms, offers, products, and many other features as well.
| CIL Securities Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.200,000 |
| Revenue Sharing | 50% – 75% |
| Payout Time | 33 Days |
| SB Code Activation Time | 31 Days |
What do you know about CIL Securities Franchise?
CIL Securities Franchise is top-notch trading services and financial services providing broking firm which is located in Hyderabad, A.P. The company was founded in the year 2001 by Vineet Nayar.
It is a renowned name in the stock market with hundreds of CIL Securities Sub Broker working under them across India.
The company is a full-service broker and is a corporate member of the National Stock Exchange in the capital market segment. They take 31 days to activate the SB code and 33 days for the payout.
| CIL Securities Business Partner Overview | |
| Here is the overview of CIL Securities Franchise | |
| What type of Company is it? – Public / Private | Public |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | Hyderabad, A.P |
| Who is the Founder? | Vineet Nayyar |
| What is the year of establishment? | 2001 |
| How many days does it take for SB Code Activation? | 31 Days |
| How many days/weeks it takes for Payout? | 33 Days |
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What are the various Business Models that CIL Securities Sub Broker Program provides?
The business model will explain the process by which the company can earn revenue. For CIL Securities Franchise, there is only one model they are following and that is Sub broker model.
- Sub Broker / Authorised Person
CIL Securities Sub Broker / Authorised Person
According to the CIL Securities sub broker model, the broker is an individual partner with the brokerage and the Sub broker will receive a commission by supporting customers’ trading activities as a percentage of the brokerage. The Sub Broker is a brokerage contract manager.
| CIL Securities Franchise Business Models | |
| Know about various Business Models of CIL Securities | |
| 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 CIL Securities Sub Broker Revenue Sharing work?
The CIL Securities Sub Broker commission ensures that the revenue sharing ratio is built in such a way that when the Franchise will earn, the entire system will get the benefit. CIL Securities Franchise’s revenue sharing model will compute the sharing to the franchisor.
The company will pay a good amount of shares to the franchisor. Sub broker shares 50% to 70% of the commission.
| CIL Securities Sub Broker Revenue Sharing | |
| Find the details of the CIL Securities Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | 50% – 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 CIL Securities Business Partner Security Deposit requirement?
A minimum amount of security deposit is essential while you are planning to start your business with a broking company. You need to deposit your security deposit before the signature of the contract with the company.
The CIL Securities Sub Broker investments are paid before the Franchise agreement is entered into. CIL Securities Franchise cost for Sub Brokers is Rs.50,000 to Rs.200,000 as a security deposit.
| CIL Securities Franchise Security Deposit | |
| Check the CIL Securities 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 CIL Securities Authorised Person Program?
CIL Securities Franchise offers are available for the Sub Brokers to engage them all. CIL Securities Sub Broker offers flexible revenue sharing.
The initial deposit of Rs 10,000 is not required. Zero deposit is also not offered for the Sub Brokers. Zero revenue sharing with prepaid is not allowed. For the Sub Brokers, flat revenue sharing is not necessary.
| CIL Securities Sub Broker Offers | |
| Here is the list of CIL Securities 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 CIL Securities Business Partner?
CIL Securities Franchise provides good support to all the existing customers. The CIL Securities Franchise support helps to make a good marketing strategy and planning by providing marketing support.
CIL Securities Franchise also provides trading and platform support. CIL Securities partners support trade-specific campaigns by providing product training. The company also provides back-office support with a well-skilled trading services team.
| CIL Securities Business Partner Support | |
| Here are the various Support CIL Securities 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? | Yes |
| 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 CIL Securities Sub Broker Program?
If you are willing to start your business with this company, then you need to fulfill the CIL Securities partner requirement.
The requirement is quite simple such as no specific area is required for the office. According to the CIL Securities Sub Broker infra requirement, telephone connection and internet service are not required on the office premises.
It is compulsory to have a minimum of 1 employee to manage the customers. The terminal is also essential to buy or will be provided if required.
| CIL Securities Partner Infrastructure Requirement | |
| Find the various Infra required to take up CIL Securities Franchise | |
| What is the Employee Strength needed to start this franchise? | Minimum 1 |
| Do the Sub Broker needs to provide Trading Terminals? | Yes |
| Is the Internet Connection mandatory to take up franchise? | No |
| Are Telephone Lines mandatory for Business Partners? | No |
| 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? | Not Mandatory |
Find out the basic requirements of other Stock Broking Franchise
What are the eligibility criteria to become a CIL Securities Franchise security partner?
When it comes to becoming a partner of CIL Securities, then you need to know about the CIL Securities Franchise eligibility criteria.
According to the CIL Securities Sub Broker criteria, the age of the candidate needs to be more than 18 and the candidate needs to get registration with SEBI.
Minimum qualification is required and along with this, experience in stock and finance is important. The candidate can get an extra advantage if he or she has experience in the stock market. The company will also check the background of the candidate.
What are the brokerage charges levied on the Clients of CIL Securities Partners?
Brokerage charges are charged from the clients but the CIL Securities partner charges will depend on the size of the transaction. The CIL Securities authorised person charges 0.25% for the equity delivery brokerage.
Brokerage charges are the same for the equity intraday and equity futures and that is 0.03%. For trading in the commodity is 0.03%.
The continuous trading brokerage fees are chargeable on a trading basis. A brokerage charge for equity options is Rs.25 per lot and the currency options range is Rs.15 per lot.
| CIL Securities Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by CIL Securities 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 CIL Securities Sub Broker?
CIL Securities Franchise charges ZERO to open a Demat account for trading. CIL Securities Sub Broker charges for account opening are Rs 300 and for a trading account, they charge Rs 250 AMC.
Along with this, the transaction charge is 0.00320%. The traders need to keep a minimum of Rs 5,000 to open a leveraged trading position.
| CIL Securities Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by CIL Securities Franchise to their clients | |
| What are the Account Opening Charges? | Rs.300 |
| What is the Margin Money required? | Minimum Rs.5,000 |
| What is the charge for Demat AMC? | Free |
| how much are Trading AMC charges? | Rs.250 per Annum |
| How much is the Transaction Charges levied? | 0.00320% |
What are the Customer Ratings of the CIL Securities Authorised Person Program?
The CIL Securities Sub Broker review will help you to get an idea about the company. The revenue-sharing model gets 2.5 out of 5. Security deposit and offers get 2.4 each out of 5 and which is quite good and this means that the customers are quite happy with the offers provided by CIL Securities Franchise.
But, the experience of the customer and mobile apps and trading gets 2.3 out of 5 and the company needs to work on this. Lastly, the overall CIL Securities Franchise rating stands at 2.3 out of 5. The company needs to work on a few areas to improve its ratings.
| CIL Securities Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for CIL Securities | |
| 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 | ★★★☆☆ |
CIL Securities Franchise Conclusion
After the analysis regarding the brokerage charges, offers, services, and other important things, it can be concluded that the CIL Securities Franchise is one of the most comprehensive stock broking companies in India.
CIL Securities Sub Broker provides good customer support and discount on brokerage charges. It also offers trading and investment products to customers based on their requirements.
Therefore, if you are looking for a top-listed broking house, then you can consider CIL Securities.
Get to know about other Sub Brokers in India
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