Anugrah Stock Broking franchise is one of the great firms in the stock market. In this article, we will provide information about the Anugrah Stock Broking Sub Broker, franchise, and business partners.
Additionally, we will also provide information such as service details, brokerage charges, and fees, account opening details, and so on. You need to read this article properly to get this information.
|Anugrah Stock Broking Sub Broker Highlight|
|Top Business Model||Sub Broker|
|Initial Investment Required||Rs.50,000 – Rs.200,000|
|Revenue Sharing||60% – 75%|
|Payout Time||30 Days|
|SB Code Activation Time||28 Days|
What do you know about Anugrah Stock Broking Franchise?
Anugrah Stock Broking franchise is one of the foremost financial stock broking companies founded in 2003 by Mr. Prakash Kariya. Anugrah Stock Broking franchise has more than 40,000 customer base and 400+ business associates in India.
The Headquarters of this company is located in Mumbai, Maharashtra. It is one of the well-known names in the stock market with hundreds of Anugrah Stock Broking sub brokers working for them across India.
They are a full type of service broker. They take 28 days to activate the SB code and 30 days for the payout.
|Anugrah Stock Broking Business Partner Overview|
|Here is the overview of the Anugrah Stock Broking Franchise|
|What type of Company is it? – Public / Private||Private|
|What is the Broker type?||Full Service Broker|
|Where is the Headquarter located?||Mumbai, Maharashtra|
|Who is the Founder?||Paresh Kariya|
|What is the year of establishment?||2003|
|How many days does it take for SB Code Activation?||28 Days|
|How many days/weeks it takes for Payout?||30 Days|
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What are the various Business Models that Anugrah Stock Broking Sub Broker Program provides?
Anugrah Stock Broking franchise provides sub brokership to all individuals who are willing to work with them. Anugrah Stock Broking Sub Broker is following 2 types of business model such as
- Sub Broker / Authorised Person
- Partner Program / Remisier
Anugrah Stock Broking Sub Broker / Authorised Person
In Sub Broker, Anugrah Stock Broking offers clients to provide a wide range of services and they also assure to delivery it properly. The franchise broking house will offer all kinds of support for the brokers to grow their business in various directions.
Anugrah Stock Broking Partner Program / Remisier
The Anugrah Stock Broking remisier is the same as the other remisier businesses where the customer acts as a company agent. The remisier will get the percentage of the commission in return.
|Anugrah Stock Broking Franchise Business Models|
|Know about various Business Models of Anugrah Stock 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?||Yes|
How does Anugrah Stock Broking Sub Broker Revenue Sharing work?
Anugrah broking is offering competitive revenue sharing. To activate the service, the franchise needs to provide the Anugrah Stock Broking sub-broker commission.
According to the Anugrah Stock Broking franchise revenue sharing, the Sub Brokers give a commission of a minimum of 60% and a maximum of 75%.
In the remisier model, a 20% commission can be offered. From the business partners, the company charges a percentage of sharing ratios.
|Anugrah Stock Broking Sub Broker Revenue Sharing|
|Find the details of Anugrah Stock Broking Sub Broker Commission for all Business Models|
|What is the revenue sharing for Sub Broker program?||60% – 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?||20%|
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What is the Anugrah Stock Broking Business Partner Security Deposit requirement?
The Sub Broker needs to make a down payment of a minimum of 50000 and a maximum of 200000.
Anugrah Stock Broking sub-broker investment will help the business partner to purchase the right-to-use services, and products and they will get support from the Anugrah Stock Broking franchise.
The Anugrah Stock Broking franchise cost will depend on the client base. Remisier has to deposit Rs. 25000 as a security deposit.
|Anugrah Stock Broking Franchise Security Deposit|
|Check the Anugrah Stock Broking 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?||Rs.25,000|
What are the various Offers rolled out by Anugrah Stock Broking Authorised Person Program?
To encourage and promote the business, the Anugrah Stock Broking franchise offers the following things
- Anugrah Stock Broking sub broker offers a flexible revenue sharing
- Sharing of flats is also permitted
- The company will provide high-quality research for trading
- Pre-payment of zero revenue shares is not acceptable.
All Anugrah Stock Broking authorized persons can get these offers after their registration with Anugrah Stock Broking.
|Anugrah Stock Broking Sub Broker Offers|
|Here are the list of Anugrah Stock Broking Franchise offers available to the clients|
|Do they provide Flexible Revenue Sharing offer?||Yes|
|Are they providing Flat Revenue Sharing offer?||Yes|
|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|
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What are the various Supports provided to Anugrah Stock Broking Business Partner?
The Anugrah Stock Broking franchise support includes the design and configuration of the safety systems, marketing assistance, and ongoing training and support of the business.
It will help you to plan every aspect of the business. Anugrah Stock Broking partner support will help you by providing back-office support.
|Anugrah Stock Broking Business Partner Support|
|Here are the various Support Anugrah Stock Broking 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?||No|
Which is the Infrastructure required for Anugrah Stock Broking Sub Broker Program?
For business partnership, there are a few simple Anugrah Stock Brokings Sub Broker infra requirements mentioned below
- The premises of the office area need to be 100 sq. ft.
- According to the Anugrah Stock Broking partner requirement, you need to have a minimum of 1 employee in the office.
- A telephone connection needs to be available for 24 hours.
- Based on the requirement of the clients, the company eases the clients by providing internet connection in the office premises and trading terminals.
|Anugrah Stock Broking Partner Infrastructure Requirement|
|Find the various Infra required to take up Anugrah Stock 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?||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 Anugrah Stock Broking partner?
If you are willing to start a broking franchise with Anugrah Stock Broking, then you have to meet the Anugrah Stock Broking Franchise eligibility. As per the Anugrah Stock Broking sub broker eligibility, you need to get registration with SEBI.
The eligibility criteria are very basic such as the age of the candidate needs to be more than 18 and the candidate should have a graduation degree.
Apart from the study, the candidate needs to have experience in the stock and financial market and it will be good if the candidate has the certification of the apex and regulatory bodies. The Anugrah Stock Broking Broking will also check your background of yours.
What are the brokerage charges levied on the Clients of Anugrah Stock Broking Partners?
Anugrah Stock Broking authorized person charges for equity options and currency options are the same which is Rs. 15 to Rs 75 per lot. A brokerage charge for equity delivery is 0.1% and on the other hand equity intraday is 0.4%.
The brokerage charge for equity future is 0.01% and the charge for equity intraday is 0.04%. The Anugrah Stock Broking partner charges for equity intraday are 0.1% to 0.4%. For the currency futures, the brokerage is 0.01% to 0.04%.
|Anugrah Stock Broking Sub Broker – Brokerage Charges to Clients|
|Here are the brokerage charges levied by Anugrah Stock Broking Sub Broker to their clients|
|What are Equity Intraday charges?||0.01% – 0.04%|
|How much are Equity Delivery charges?||0.1% – 0.4%|
|How much is the charge levied on Equity Options?||Rs.15 – Rs.75 per Lot|
|How much are the Currency Options charges?||Rs.15 – Rs.75 per Lot|
|What are Equity Futures charges?||0.01% – 0.04%|
|What are the charges levied on Currency Futures?||0.01% – 0.04%|
|What are the charges levied on Commodity Trading?||0.01% – 0.04%|
What are the Account Opening Charges Levied to the clients of Anugrah Stock Broking Sub Broker?
An Anugrah Stock Broking sub broker charge to open an account is Rs 400. Anugrah Stock Broking franchise charges to open Demat account is Rs 250 per annum but the company will not ask for any extra cost for the maintenance charge for a trading account.
The margin money limit is from Rs 0 to Rs 300,000. To open a trading account you don’t need to pay anything. The transaction fees are 0.00325 percent.
|Anugrah Stock Broking Franchise – Account Opening Charges to Clients|
|Here are the account opening charges levied by Anugrah Stock Broking Franchise to their clients|
|What are the Account Opening Charges?||Rs.400|
|What is the Margin Money required?||Rs.0 – Rs.300,000|
|What is the charge for Demat AMC?||Rs.250 per Annum|
|how much are Trading AMC charges?||Free|
|How much is the Transaction Charges levied?||0.00325%|
What are the Customer Ratings of the Anugrah Stock Broking Authorised Person Program?
It will be good for you to check the Anugrah Stock Broking sub broker review before you are making your decision to become a Sub Broker of this company.
They get 2.5 out of 5 in the revenue sharing model and security deposit. It gets 2.6 in offers and that means that customers are quite happy with the service and offers.
The customers are also satisfied with their online internet trading platform because it gets 2.5 out of 5. Therefore, the overall Anugrah Stock Broking franchise rating is quite good that is 2.5 out of 5.
|Anugrah Stock Broking Franchise Customer Ratings|
|Find Client Ratings & Reviews against multiple parameters for Anugrah Stock Broking|
|According to Revenue Sharing Model of the Franchiser||2.4 / 5|
|Ratings as per Security Deposit provided by the company||2.4 / 5|
|As per Experience in the Sub Broker Business||2.5 / 5|
|As per Offers provided by the Broking Franchise||2.6 / 5|
|Ratings as per Mobile Trading App & Trading Platforms||2.5 / 5|
|Overall Ratings of the Sub Broker Franchise||2.5 / 5|
Anugrah Stock Broking Franchise Conclusion
After the discussion, there is no doubt that the Anugrah Stock Broking sub broker program is one of the leading franchises in India. During this short period, it has gained a lot of experience.
It will allow you to become a member by offering a business associate model. Anugrah Stock Broking franchise is established in 2003 and it is providing better than many old reputed firms.
They are continuously developing their services and support for their clients, customers, and registered traders.
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