This article will enable you to get complete details about the SAS online Franchise Program and its working.
You will be given information about their enrollment process, their Revenue sharing model, their various business models, the minimum investment required to start with them, and also the kind of support or services they provide to their Business Partners.
You will get all details you need to know to enroll as a SAS Online Sub broker.
| SAS Online Sub Broker Highlight | |
| Top Business Model | Referral Program |
| Initial Investment Required | Zero |
| Revenue Sharing | 10% – 20% |
| Payout Time | 21 Days |
| SB Code Activation Time | 31 Days |
What do you know about SAS Online Franchise?
SAS Online is a Public entity and a Discount Broker and has been in existence since 1995. It was incorporated in New Delhi, India by Mr. Shrey Jain in the year 1995.
The company is famous for the SAS Online Franchise program as it gives an avenue for everyone to collaborate with them and make it big in the stock broking industry.
If you want to become a SAS Online Sub Broker, you need to apply online and the code activation generally takes 30 days. Moreover, their payout is also done on a monthly cycle.
| SAS Online Business Partner Overview | |
| Here is the overview of SAS Online Franchise | |
| What type of Company is it? – Public / Private | Public |
| What is the Broker type? | Discount Broker |
| Where is the Headquarter located? | New Delhi,India |
| Who is the Founder? | Shrey Jain |
| What is the year of establishment? | 1995 |
| How many days does it take for SB Code Activation? | 31 Days |
| How many days/weeks it takes for Payout? | 21 Days |
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What are the various Business Models that SAS Online Sub Broker Program provides?
Unlike other Stock broking houses that have a Sub broker as their key marketing and business expansion strategy; this company believes a lot in word of mouth and wants to capitalize on that only. Hence the SAS Online Franchise work on only one model and that is the Referral program.
- Referral Program
SAS Online Referral Program
The Referral program is nothing but a business model wherein anyone can participate in the business and refer people to start trading with the company.
In the bargain, you get a certain commission from the company every time your referred person makes a transaction or trades with them.
| SAS Online Franchise Business Models | |
| Know about various Business Models of SAS Online | |
| Is the Sub Broker business model available? | No |
| Do they provide Referral Program? | Yes |
| Do they provide Master Franchise Model? | No |
| Does this broker provide Partner / Remisier model? | No |
How does SAS Online Sub Broker Revenue Sharing work?
The SAS Online Franchise Revenue sharing model is very simple and uncomplicated. Since they have only one business model, it becomes extremely easy to also segregate the revenues among the partners.
For the referral program, the company gives a 10% – 20% share of the revenue generated to the person who has referred the investor.
This is because the person referring does not need to provide any kind of back-office or trading support to the customer; the company takes care of all the trade-related concerns.
The Referee just needs to refer a name to the company and thereafter they will take care of everything. Hence the SAS Online Sub Broker commission in this model is lower as compared to other models
| SAS Online Sub Broker Revenue Sharing | |
| Find the details of its Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | NA |
| Do they provide revenue sharing or direct pay for Referral Program? | 10% – 20% |
| 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 SAS Online Business Partner Security Deposit requirement?
Since with SAS Online, the business partnership model is very volatile and open, they don’t expect any type of security deposit from their business partners. Hence the SAS Online Franchise Cost is Zero and one can surely join in without any deposit amount at all.
However, as a part of the SAS Online Sub broker Investment, you would need to maintain your records in a very robust way so that you track all your customers and their trading transactions so that every time they trade, you earn a share of the revenue.
| SAS Online Franchise Security Deposit | |
| Check the SAS Online Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | NA |
| Is there any security deposit required for Referral Program? | Zero |
| 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 SAS Online Authorised Person Program?
The company does provide many offers time and again to their business partners; however, some of them are standardized ones. The Flexible revenue scheme is a part of the SAS Online Franchise Offer and you can enjoy the benefits from the same.
Some of the other SAS Online Sub Broker offers are varied services and products to offer to customers, a 10K initial deposit, and also trading and marketing support which they provide. All these add up to their offers basket.
| SAS Online Sub Broker Offers | |
| Here is the list of SAS Online 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? | Yes |
Check out the various offers of other Sub Broker Providers
What are the various Supports provided to SAS Online Business Partner?
As the business works on the referral model itself, hence the company provides a lot of on-ground support to the customers so that they don’t face any challenges trading while with them.
As a part of the SAS Online Franchise Support, they provide complete product training to partners so that they communicate the right information to the customers. They also provide research & advisory support services to the customers as a part of the SAS Online Sub broker Support.
However Marketing support is something that they do not provide as in this type of business, the partners would not need much marketing.
| SAS Online Business Partner Support | |
| Here are the various Support SAS Online 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? | Yes |
| Do they provide Back-Office Support for their authorised person? | No |
| 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? | No |
Which is the Infrastructure required for SAS Online Business Associate?
As this kind of model is based on the pure word-of-mouth publicity and doesn’t involve a license or a franchise to be setup hence they don’t have any kind of SAS Online Partner Requirement.
All they need is that the partners aggressively promote their company’s brand in the market and get more and more people to trade through them.
| SAS Online Partner Infrastructure Requirement | |
| Find the various Infra required to take up SAS Online Franchise | |
| What is the Employee Strength needed to start this franchise? | NA |
| Do the Sub Broker needs to provide Trading Terminals? | No |
| 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? | NA |
Find out the basic requirements of other Stock Broking Franchise
What are the Eligibility Criteria to Become SAS Online Partner?
Since this model works on publicity and verbal marketing skills, one needs to know the product and the services very well of the company to be able to market it efficiently.
The only SAS Online Sub Broker Eligibility that they have is that a partner who is working with them should be a minimum of 10+2 in terms of education and have some basic knowledge of the Stock market.
There is no other SAS Online Franchise Eligibility that they reinforce on you when you show your interest in working with them as a partner.
What are the brokerage charges levied on the Clients of SAS Online Partners?
The SAS Online Franchise Charges are at par with the industry standards and what most companies charge. To give you an example, for Equity Intraday, Equity Futures, and Currency Futures they charge only 0.025% as their brokerage.
Their charges on Equity Delivery are also low which is only 0.28%. For Equity Options and Currency Options, they charge brokerage on per lot basis and that is Rs. 28 & Rs. 18 per lot respectively.
Hence you can see that the SAS online Sub Broker Charges are very minimal and trading with them will not dent your customers’ pockets.
| SAS Online Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by SAS Online Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.025% |
| How much are Equity Delivery charges? | 0.28% |
| How much is the charge levied on Equity Options? | Rs.28 per Lot |
| How much are the Currency Options charges? | Rs.18 per Lot |
| What are Equity Futures charges? | 0.025% |
| What are the charges levied on Currency Futures? | 0.025% |
| What are the charges levied on Commodity Trading? | NA |
What are the Account Opening Charges Levied to the clients of SAS Online Sub Broker?
With SAS Online, the Trading Account and the Demat account opening is free of cost which means they don’t charge anything at all. However, there are some AMC charges towards the Demat account i.e. Rs. 300 per annum.
There is also no margin money involved while starting with them. Their transaction charges are also as low as 0.003% of the total trade value. Such are SAS Online Franchise Charges.
| SAS Online Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by SAS Online Franchise to their clients | |
| What are the Account Opening Charges? | Free |
| What is the Margin Money required? | Zero Margin |
| What is the charge for Demat AMC? | Rs.300 per Annum |
| how much are Trading AMC charges? | Free |
| How much is the Transaction Charges levied? | 0.003% of Total Turnover |
What are the Customer Ratings of SAS Online Authorised Person Program?
If you want to know about a company and its services, you need to check its customer ratings. The SAS Online Franchise Rating will give you a complete insight into the company and help you make a decision.
For Revenue Sharing Model and Offers, they get a 3.2 rating against a 5 score, for Security Deposit they get a 3.3 score and for Experience they get a 3.4 rating. However, they get the highest rating of 3.5 on their Mobile Apps & Trading Platforms.
Overall, the SAS Online Sub broker Review tells you that they get an aggregate score of 3.3 against a 5 rating.
| SAS Online Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for SAS Online | |
| According to Revenue Sharing Model of the Franchisor | 3.2 / 5 |
| Ratings as per Security Deposit provided by the company | 3.3 / 5 |
| As per Experience in the Sub Broker Business | 3.4 / 5 |
| As per Offers provided by the Broking Franchise | 3.2 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 3.5 / 5 |
| Overall Ratings of the Sub Broker Franchise | 3.3 / 5 |
| Star Ratings | ★★★☆☆ |
The SAS Online Business Associate Conclusion
SAS Online is a very uniquely driven organization that runs its marketing strategy only with the Referral program.
However, they have been able to sustain the company for such a long time only because they have been driving it successfully. You too can join their referral program and become a SAS Online Franchise.
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