Prudent Broking Franchise can start the business with just Rs. Thirty thousand and earn up to 50% of the revenue that they will generate for the Prudent Broking firm.
The Prudent Broking sub-brokers have the potential to make 80% of the revenue they generate by keeping the security deposit close to Rs. 1.5 lakhs. The percentage of revenue share is too high for the amount of security deposit requirement and this increases your ROI.
The Ahmedabad based traditional stockbroker was started by Niketa Sanjay Shah in the year 1995 as a private concern and it is now famous for the various opportunities it has for the franchise holders and also for the investors at the first place. The firm activates the sub-brokers code within 30 days and pays with 35 days every time.
| Prudent Broking Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.30,000 – Rs.150,000 |
| Revenue Sharing | 50% – 80% |
| Payout Time | 35 Days |
| SB Code Activation Time | 30 Days |
What do you know about Prudent Broking Franchise?
| Prudent Broking Business Partner Overview | |
| Here is the overview of Prudent Broking Franchise | |
| What type of Company is it? – Public / Private | Private |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | Ahmedabad, Gujarat |
| Who is the Founder? | Niketa Sanjay Shah |
| What is the year of establishment? | 1995 |
| How many days does it take for SB Code Activation? | 30 Days |
| How many days/weeks it takes for Payout? | 35 Days |
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What are the various Business Models that Prudent Broking Sub Broker Program provides?
| Prudent Broking Franchise Business Models | |
| Know about various Business Models of Prudent 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 Prudent Broking Sub Broker Revenue Sharing work?
| Prudent Broking Sub Broker Revenue Sharing | |
| Find the details of Prudent Broking Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | 50% – 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 Prudent Broking Business Partner Security Deposit requirement?
| Prudent Broking Franchise Security Deposit | |
| Check the Prudent Broking Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | Rs.30,000 – 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 Prudent Broking Authorised Person Program?
| Prudent Broking Sub Broker Offers | |
| Here is the list of Prudent 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 Prudent Broking Business Partner?
| Prudent Broking Business Partner Support | |
| Here are the various Support Prudent Broking Franchise needs to provide to their clients | |
| Do they provide Acquisition Training to their associates? | Yes |
| 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? | Yes |
| Are they sharing Advisory Support with their partners? | Yes |
| Does the broking house provide Marketing Support to their sub brokers? | No |
Which is the Infrastructure required for Prudent Broking Sub Broker Program?
| Prudent Broking Partner Infrastructure Requirement | |
| Find the various Infra required to take up Prudent Broking 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? | No |
| 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 is the brokerage charges levied to the Clients of Prudent Broking Partners?
| Prudent Broking Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Prudent Broking Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.05% |
| How much are Equity Delivery charges? | 0.51% |
| How much is the charge levied on Equity Options? | Rs.51 per Lot |
| How much are the Currency Options charges? | Rs.31 per Lot |
| What are Equity Futures charges? | 0.05% |
| What are the charges levied on Currency Futures? | 0.05% |
| What are the charges levied on Commodity Trading? | 0.05% |
What is the Account Opening Charges Levied to the clients of Prudent Broking Sub Broker?
| Prudent Broking Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Prudent Broking Franchise to their clients | |
| What are the Account Opening Charges? | Rs.310 |
| What is the Margin Money required? | Minimum Rs.5,100 |
| What is the charge for Demat AMC? | Rs.310 per Annum |
| how much are Trading AMC charges? | Free |
| How much is the Transaction Charges levied? | 0.00% |
What is the Customer Ratings of Prudent Broking Authorised Person Program?
| Prudent Broking Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Prudent Broking | |
| According to Revenue Sharing Model of the Franchisor | 2.1 / 5 |
| Ratings as per Security Deposit provided by the company | 2.2 / 5 |
| As per Experience in the Sub Broker Business | 2.5 / 5 |
| As per Offers provided by the Broking Franchise | 2.4 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 2.6 / 5 |
| Overall Ratings of the Sub Broker Franchise | 2.3 / 5 |
| Star Ratings | ★★★☆☆ |
Prudent Broking Franchise Conclusion
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