Paytm Money Franchise or Sub Broker offers products like Mutual Funds, NPS Retirement Funds, IPO, and Stocks. Paytm Money is the brainchild of One97 Communications Ltd. which created the online payment software, Paytm. The entity offers trading and investment opportunities to the investors from the comfort of their suitable environment.
Also, the offers are not limited to just trading features, but you can be associated with the broking house as a Paytm Money Sub Broker and explore the limitless aspects of earnings.
Paytm Money Sub Broker Highlight | |
Top Business Model | Referral Program |
Initial Investment Required | Rs. 25,000 – Rs. 2,00,000 |
Revenue Sharing | 60%-80% |
Payout Time | 30 Days |
SB Code Activation Time | 30 Days |
What do you know about Paytm Money Franchise?
Paytm Money is owned by the company, One97 Communications Ltd, which owns the Paytm brand.
After successfully establishing an India-wide used E-commerce payment system, the entity brought Paytm Money among the audience, and Paytm Money Franchise is a further outlet of this company inviting any driven individual interested in having a long-lasting career as a Sub-broker.
Paytm Money Business Partner Overview | |
Here is the overview of Paytm Money Franchise | |
What type of Company is it? – Public / Private | Private |
What is the Broker type? | Discount Broker |
Where is the Headquarter located? | Bangalore, Karnataka |
Who is the Founder? | Vijay Shekhar Sharma |
What is the year of establishment? | 2019 |
How many days does it take for SB Code Activation? | 30 Days |
How many days/weeks it takes for Payout? | 30 Days |
Speak to the Franchise Managers now! Fill up the form:
What are the various Business Models that Paytm Money Sub Broker Program provides?
Though Paytm Money Franchise has emerged recently, it has left no effort to put itself out there and be known to investors and traders. It has formed various forms of franchise models to choose from for interested parties. Let’s have a look at them.
- Paytm Money Partner Program
- Referral Partner
With these two forms of business models, you can start a full-time earning source or can make small-small extra income through referrals.
Paytm Money Franchise Business Models | |
Know about various Business Models of Paytm Money | |
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 Paytm Money Sub Broker Revenue Sharing work?
Paytm Money Franchise, along with opening an easy and convenient mode of earning and business, is also offering all this at very attractive earning rates. You can earn up to 30%-50% of the revenue generated from the clients you brought to the firm.
Also, with the Referral Program too, you can earn 20% when your contact opens the account.
Paytm Money 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? | 60%-80% |
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 Paytm Money Business Partner Security Deposit requirement?
While registering as a Paytm Money Business Partner, you are required to give any sum in the form of a security deposit. The company does not have huge initial investment demands or any uncompromising infrastructure requirements.
It’s all your knowledge and experience that gains attention and takes you to have a successful career as a sub-broker. Enter the finance world with this well-known entity and start your journey as Paytm Money Franchise.
Paytm Money Franchise Security Deposit | |
Check the Paytm Money 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 Paytm Money Authorised Person Program?
Paytm Money Authorized Person Program is already at the forefront with its convenient features and many attraction earning potential, but alongside, it also attempts at creating the best irresistible offers for the partners.
The partners get to become a part of this organization at a very economical cost. The setting up and maintenance do not require any stern requirements or Infrastructure.
Paytm Money Sub Broker Offers | |
Here is the list of Paytm Money 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? | Yes |
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 Paytm Money Business Partner?
In the Paytm Money Sub Broker program, the stock broker helps every associate in the best manner possible. From the preliminary setup material to updates on the newest changes and details of the stock market, Paytm Money will be there for you.
There are already no strict regulations required to comply, and Paytm Money makes it even easier for the new entrants to the sub-broker program. And the biggest support you get is the shade of a popular brand in the market.
Paytm Money Business Partner Support | |
Here are the various Support Paytm Money 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 Paytm Money Business Associate?
To become and start as a Paytm Money Business Partner, you shall comply with the following infrastructure requirements to set up your business and operate efficiently.
First off, you will need a basic office space of at least 100 sq. ft. to run your office.
The company has not mentioned any minimum employee or staff requirement, so you can take the leverage and make the appointment according to your requirement.
Other basic amenities like a computer/laptop, internet connection, telephone connection, and hygiene will be required to ensure a proper working environment.
Paytm Money Partner Infrastructure Requirement | |
Find the various Infra required to take up Paytm Money Franchise | |
What is the Employee Strength needed to start this franchise? | Not Mandatory |
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? | Not Mandatory |
Find out the basic requirements of other Stock Broking Franchise
What are the brokerage charges levied on the Clients of Paytm Money Partners?
Likewise, many other stock broking houses, Paytm Money too, offer the facility of Free Equity Delivery Trading.
Further, for Equity Intraday trading, Paytm charges 0.05% or Rs 10 per executed order, whichever is lower from the clients of the Paytm Money Franchise.
For other products like Equity Futures and Equity Options, the entity charges a sum of Rs. 10 per executed order from the customers.
Paytm Money Sub Broker – Brokerage Charges to Clients | |
Here are the brokerage charges levied by Paytm Money Sub Broker to their clients | |
Equity Delivery | Rs 0 (Free) |
Equity Intraday | Lower of 0.05% or Rs 10 per executed order |
Equity Futures | Rs 10 per executed order |
Equity Options | Rs 10 per executed order |
Currency Futures | NA |
Currency Options | NA |
Commodity | NA |
What are the Account Opening Charges Levied to the clients of Paytm Money Sub Broker?
Paytm Money Partners can offer clients one of the most affordable and efficient stocks broking companies’ services. The entity is driven to connect the general public to the trading world and make it accessible to them.
Let’s look at the entity’s most updated account opening charges. When you open a Demat Account with Paytm Money with the help of a Franchise, you pay Rs. ZERO, whereas a sum of Rs. 200 is required to open a Trading account.
Also, the entity does not charge any sum as Annual Maintenance Charges for Demat Account, and for the Trading account, the charges are Rs. 300.
Paytm Money Franchise – Account Opening Charges to Clients | |
Here are the account opening charges levied by Paytm Money Franchise to their clients | |
Trading Charges [One Time] | Rs 200 |
Trading AMC [Yearly] | Rs 0 |
Demat Charges [One Time] | Rs 0 |
Demat AMC [Yearly] | Rs 0 (Free) |
How much is the Transaction Charges levied? | Zero Margin |
How to become a Paytm Money Partner or Sub Broker?
Paytm Money offers a flexible procedure for selecting sub-broker. In case you are looking forward to being a partner with Paytm Money, then you can go through the below-listed steps:
- Reach the website and then hit the “Become sub-broker” tab. Now fill out the form inclusive of mobile number, city, name, etc.
- Once you have filed the form, you will receive a quick call from the broker to proceed with the verification procedure.
- They will fix your appointment with the manager to answer your detailed queries about the business models and breaking house details.
- You can clear all your doubts on the day of the meeting and provide the documents and security cheque per the discussion.
- On verification, the documents will be sent to SEBI to seek approval. Once the SEBI approves the documents, you can successfully be a business partner with Paytm Money.
Documents required to become Paytm Money Partner
We have listed below the document that is to be submitted to the broker to continue the procedure to be the Paytm Money partner:
- Identity Proof: Proof of address, Aadhar card, and driver’s license.
- Academic background
- Aadhar Card
- Passport size photographs
- Canceled cheque
Why partner with Paytm Money?
There are many reasons which can help you to partner with Paytm Money. Here are some of the advantages that are linked with the Paytm Money business partner model:
Undoubtedly, Paytm Money is one of the best-growing full-service sub-broker and offers robust trading platforms for its users.
It is continuously growing, and the users can have flat and low brokerage for trading. Their trading platform is easy to operate and trade daily.
Also, you can mark your investments in various products free of cost.
Paytm Money Franchise – Pros & Cons
Here is the list of pros and cons related to Paytm money, and you should be aware of the same before enrolling in their partner program.
Pros
- Instant opening for digital accounts
- Robust and easy trading platforms.
- Allows traders to use a direct MF platform to earn a 1% bonus.
- The pricing model is quite simple, along with low brokerage charges
- Users can invest in NPS, stocks, digital gold, MFs, and derivatives under a single platform.
Cons
- No margin funding facility is available
- Currency and commodity options are not present.
Earning the potential of a Paytm Money Partner / ROI
The earning potential with Paytm Money is immense. The brokering house tends to offer 60-80% revenue sharing to all of its sub-brokers.
Also, the enterprise provides 30% of the total share from the revenue generated to the business partner. As per the referral program, Paytm Money offers 20% of the broker’s share from the total revenue generated.
To start working, users had to pay a certain amount and should read through the franchise agreement to avoid any issues later. Also, the broker house is seen offering the revenue-sharing model with their clients for a lifetime.
Paytm Money Authorised Person – Products Offered
Paytm Money is allowed to offer the business model allowing the broker to act as the franchise. Also, the sub-broker or authorized persons are already registered under the SEBI.
If you are looking forward to being an authorized person for the enterprise, then do know that you can offer the below-listed services to your clients:
- Client report
- New client search
- Proper financial market search
- Monitor client’s investments
What are the Customer Ratings of the Paytm Money Authorised Person Program?
Paytm Money Franchise Customer Ratings | |
Find Client Ratings & Reviews against multiple parameters for Paytm Money | |
According to Revenue Sharing Model of the Franchisor | 3.3 / 5 |
Ratings as per Security Deposit provided by the company | 3.4 / 5 |
As per Experience in the Sub Broker Business | 3.5 / 5 |
As per Offers provided by the Broking Franchise | 3.7 / 5 |
Ratings as per Mobile Trading App & Trading Platforms | 3.3 / 5 |
Overall Ratings of the Sub Broker Franchise | 3.5 / 5 |
Star Ratings | ★★★☆☆ |
Paytm Money Business Associate Conclusion
The Paytm Money Sub-broker program is a business opportunity for individuals having skills and knowledge of the trading market and who know how to pursue people. The entity offers a wide range of products that the sub-broker can use as an attraction to get new investors on board.
Paytm Money is already a known brand having access to every state and city. The entity offers fairly easy features and offers to the clients. The franchise can earn handsome earnings through the association with Paytm Money.
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