Alankit Assignments Franchise is one of the best investment advisory companies from New Delhi. They’ve been serving a plethora of clients across several financial domains.
They currently function as a full-service brokerage house. And, some of their services are well-adored by their clients.
However, we’ll rather focus on reviewing Alankit Assignments Sub Broker services today. We’ll draft a detailed review of the franchiser based on various parameters. The review will help you decide if you should be partnering with them.
| Alankit Assignments Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.150,000 |
| Revenue Sharing | 55% – 75% |
| Payout Time | 33 Days |
| SB Code Activation Time | 26 Days |
What do you know about Alankit Assignments Franchise?
Alankit Assignments Franchise first saw daylight in the year 1995. And, the credit for their establishment goes to Alok Kumar Agarwal. The company was founded on the grounds of complete financial advisory and support.
However, with time they entered the domain of financial franchise distribution. They primarily operate from their headquarters in New Delhi at present. And, they’ve registered themselves as a reputed member of the NSE.
Their dedicated support has been of enormous benefit to most of their clients. And, they’ve catered to clients across several financial domains. They’re even swift as far as the financial franchise distribution is concerned.
They merely take 26 days to grant a new sub broker’s code. And, it takes them 33 days to clear out the dues of their partners.
| Alankit Assignments Business Partner Overview | |
| Here is the overview of Alankit Assignments Franchise | |
| What type of Company is it? – Public / Private | Private |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | New Delhi, Delhi |
| Who is the Founder? | Alok Kumar Agarwal |
| What is the year of establishment? | 1995 |
| How many days does it take for SB Code Activation? | 26 Days |
| How many days/weeks it takes for Payout? | 33 Days |
Speak to the Franchise Managers now! Fill up the form:
What are the various Business Models that Alankit Assignments Sub Broker Program provides?
It’s been over a decade since Alankit Assignments Franchise started its business. And, that’s given them enough experience in the domain of financial franchise distribution. Perhaps, that’s why they prefer to stick to only one business distribution model.
We’re referring to the Alankit Assignments sub broker model. Having only one business distribution lets them maintain control of their business.
This even allows them to serve all their partners equally. This business model doe not grant any area wise authority to the partners.
So, all the partners have equal opportunities to tap into new clients. At the same time, the partners can provide the clients with extra benefits. This enables them to retain the old clients.
| Alankit Assignments Franchise Business Models | |
| Know about various Business Models of Alankit Assignments | |
| 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 Alankit Assignments Sub Broker Revenue Sharing work?
This is the part where we discuss Alankit Assignments Revenue Sharing Model. And the chart above is meant to guide you in the same. The franchiser grants 55-75% of the revenue generated as a commission to the partners.
The overall difference of 20% exists to differentiate different partners. And, the differences are defined as per certain arrangements between franchisers and partners.
| Alankit Assignments Sub Broker Revenue Sharing | |
| Find the details of Alankit Assignments Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | 55% – 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 Alankit Assignments Business Partner Security Deposit requirement?
The joining partners must take care of Alankit Assignments Sub Brokers Investments. These investments refer to the ones required to be made prior the registration. And, these are mostly one-time investments.
A large part of the investment is consumed by the mandatory security deposit. In the case of the Alankit Assignments Franchise, this investment varies from Rs. 50,000-1,50,000. However, there are some other investments within this list too.
We’re referring to the payments for obtaining certain mandatory certifications. The investment even includes the cost of establishing business infrastructure.
| Alankit Assignments Franchise Security Deposit | |
| Check the Alankit Assignments 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 Alankit Assignments Authorised Person Program?
Alankit Assignments grant their respective business partners many benefits. Most of them do not profit from the partners directly. However, some benefits have a direct impact on the overall business.
And, these benefits more or less, determine the entire outcome of the business. The franchiser only provides flexible revenue sharing in terms of such benefits. However, Alankit Assignments Franchise Offers do not consist of: –
- Flat Revenue Sharing
- Zero Revenue Sharing With Prepaid
- Zero Deposit
- 10k Initial Deposit
| Alankit Assignments Sub Broker Offers | |
| Here is the list of Alankit Assignments 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 Alankit Assignments Business Partner?
Alankit Assignments franchise cares about the well-being of its business partners. And, that’s why, they’ve established a system to help their partners.
This system consists of providing the partners with certain business support measures. Therefore, Alankit Assignments Franchise Support consists of the following: –
- Back-Office Support
- Advisory Support
- Marketing Support
- Trading Support
The franchiser, however, refrains from providing certain other supports including acquisition, dealing, and product training.
| Alankit Assignments Business Partner Support | |
| Here is the various Support Alankit Assignments 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? | 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? | Yes |
Which is the Infrastructure required for Alankit Assignments Sub Broker Program?
Alankit Assignments Sub Brokers are required to meet certain infrastructural needs. These needs are mandatory and help to carry out the day-to-day business. Here’s the complete list of all the requirements: –
- Business partners must have an office to carry out their operations. And, the office must have a minimum of 100 sq. ft. worth of sitting space.
- The business partners must have a staff size of at least one person. And, the recruit must be proficient enough to handle daily office chores.
- The business partners must establish some trading terminals within their office premises. These terminals must be designed and developed as per the standard industry requirements.
| Alankit Assignments Partner Infrastructure Requirement | |
| Find the various Infra required to take up Alankit Assignments 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? | Minimum 100 Sq Ft |
Find out the basic requirements of other Stock Broking Franchise
What are the eligibility criteria to become an Alankit Assignments Partner?
There are certain rules that the franchiser is rather strict about. These rules formulate the very foundation of the business. They even ensure the quality of the business partners.
And, they’re equally incurred by all business partners. We’re referring to the Alankit Assignments Sub Broker eligibility criteria. And, if you’re willing to join the franchiser as a partner, then you too must abide by these: –
- You must be of at least 22 years to apply. The documents verifying your age must be produced during the registration.
- You must have a professional experience of a minimum of 2 consecutive years. We’re referring to our experience in the domain of stock trading and advisory.
- You must have been certified by SEBI to commence business. And, the proper documents verifying your certification must be provided during the registration.
- You must at least be an intermediate to apply. However, having a graduation degree is always preferable. In any case, you must produce valid proof of your educative qualifications.
What are the brokerage charges levied on the Clients of Alankit Assignments Partners?
The franchiser requires its partners to charge the clients at a certain rate. And, all Alankit Assignments Partners must stick to the rate chart as above.
This is done to ensure that unbiased treatment is provided to all clients. Moreover, it ascertains the business integrity of the franchiser. So, here’s how the rate chart goes: –
- The clients must be charged at 0.02-0.05% for commodity trades.
- Clients must be charged at 0.02-0.05% for currency futures trades.
- The clients must be charged at 0.02-0.05% for equity futures trades.
- Clients must pay Rs. 30 per lot for currency options trades.
- The clients must pay Rs. 75 per lot for equity options trades.
- Clients must be charged at 0.20-0.50% for equity deliver trades.
- The clients must be charged at 0.02-0.05% for equity intraday trades.
| Alankit Assignments Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Alankit Assignments Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.02% – 0.05% |
| How much are Equity Delivery charges? | 0.20% – 0.50% |
| How much is the charge levied on Equity Options? | Rs.75 per lot |
| How much are the Currency Options charges? | Rs.30 per lot |
| What are Equity Futures charges? | 0.02% – 0.05% |
| What are the charges levied on Currency Futures? | 0.02% – 0.05% |
| What are the charges levied on Commodity Trading? | 0.02% – 0.05% |
What are the Account Opening Charges Levied to the clients of Alankit Assignments Sub Broker?
The franchiser does not only have fixed charges for trading. Alankit Assignments Sub Brokers must even charge for account opening as per the franchiser. The entire Alankit Assignments Sub Broker charges list has been provided above. However, in case you still have doubts, here’s how it goes: –
- The clients must be charged at 0.00325% for all transaction charges.
- Clients must not be charged anything for Trading AMC.
- The clients must be charged Rs. 250 for Demat AMC.
- Clients must be instructed to maintain a minimum margin balance of Rs. 20,000.
- The clients must be charged Rs. 500 for opening a new account.
| Alankit Assignments Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Alankit Assignments Franchise to their clients | |
| What are the Account Opening Charges? | Rs.500 |
| What is the Margin Money required? | Rs.20,000 Minimum |
| What is the charge for Demat AMC? | Rs.250 |
| how much are Trading AMC charges? | Free |
| How much is the Transaction Charges levied? | 0.00325% |
What are the Customer Ratings of the Alankit Assignments Authorised Person Program?
The chart above shows the Alankit Assignments franchise ratings. It’s been categorized per different aspects. And, the overall rating has been done on a scale of 5. So, here’s how they’ve been rated: –
- Their mobile app and other trading platforms are rated at 2.4/5.
- The offers they grant are rated at 2.6/5.
- Their revenue sharing model is rated at 2.4/5.
- The security deposit they seek is rated at 2.3/5.
- Their industrial experience is rated at 2.3/5.
- And, their overall rating is 2.4/5.
| Alankit Assignments Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Alankit Assignments | |
| According to the Revenue Sharing Model of the Franchiser | 2.4 / 5 |
| Ratings as per Security Deposit provided by the company | 2.3 / 5 |
| As per Experience in the Sub Broker Business | 2.3 / 5 |
| As per Offers provided by the Broking Franchise | 2.6 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 2.4 / 5 |
| Overall Ratings of the Sub Broker Franchise | 2.4 / 5 |
| Star Ratings | ★★★☆☆ |
Alankit Assignments Franchise Conclusion
To conclude, we’d like to state that Alankit Assignments Franchise seems to be a perfect financial franchiser. All of their ratings are marked at an above-average mark. And, they can be trusted with their services.
Get to know about other Sub Brokers in India
Start your own Business Now! Become a Sub Broker. Fill up the Form
Most Read Articles
