This article is here to provide you with an insight about the B N Rathi Franchise and what do you need to do to become one of them.
If you have any interest in becoming one B N Rathi Sub Broker, then this article is a must-read as this will help you find answers to all your queries regarding the organisation.
If you have doubts regarding how to get yourself in B N Rathi or the documents you need to have to do so, if you fulfill their eligibility criteria or the dividend one obtains from the company, this is the place to be.
|B N Rathi Sub Broker Highlight|
|Top Business Model||Sub Broker|
|Initial Investment Required||Rs.50,000 – Rs.300,000|
|Revenue Sharing||60% – 80%|
|Payout Time||30 Days|
|SB Code Activation Time||28 Days|
What do you know about B N Rathi Franchise?
B N Rathi is a public listed full-service broker who was incorporated in the year 1994. Their organization was set up in the Somajiguda of Hyderabad. It is currently handled by Mr H. N. Rathi, managing director of the company.
If you are looking forward to getting involved with them as a B N Rathi Sub Broker, then you definitely won’t regret as they are a very clear and legit organization. Mode of payments with them is nothing unusual; they follow a month based payout cycle.
Working with B N Rathi Franchise is not much of a complex job. The total turnaround needed for the application to get an activation code takes about 28 days.
|B N Rathi Business Partner Overview|
|Here is the overview of B N Rathi Franchise|
|What type of Company is it? – Public / Private||Private|
|What is the Broker type?||Full Service Broker|
|Where is the Headquarter located?||Somajiguda,Hyderaba|
|Who is the Founder?||H. N. Rathi(MD)|
|What is the year of establishment?||1994|
|How many days does it take for SB Code Activation?||28 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 B N Rathi Sub Broker Program provides?
If you want to be a B N Rathi Franchise, you need to simply follow a very easy procedure. They are one of the most uncomplicated organisations that follow only one very simple business model which is the Sub Broker model.
This tells us that you can become a B N Rathi Sub Broker if you want but not an Agent or a Remisier.
- Sub Broker / Authorised Person
B N Rathi Sub Broker / Authorised Person
If you are a sub-broker with B N Rathi, you have the complete access to the trading platforms of the company and will be able to trade directly either for yourself or for your customers. They represent the company right in front of investors.
|B N Rathi Franchise Business Models|
|Know about various Business Models of B N Rathi|
|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 B N Rathi Sub Broker Revenue Sharing work?
The B N Rathi Franchise Revenue Sharing model is absolutely sharp and so well defined. Their revenue percentage is predefined for every single person as they follow just one Sub Broker model.
They accept the work of their business associates and will provide them with a maximum number of permissible shares.
If you merge with them, your B N Rathi Sub Broker Commission would lie somewhere between 60 and 80 per cent of the total revenue obtained by you. Larger the business expansion leads to higher revenue.
|B N Rathi Sub Broker Revenue Sharing|
|Find the details of B N Rathi Sub Broker Commission for all Business Models|
|What is the revenue sharing for Sub Broker program?||60% – 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|
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What is the B N Rathi Business Partner Security Deposit requirement?
Ideally, the B N Rathi Franchise Cost is not much high as the other options in the market. Several companies charge too much which may rise to Rs.5,00,000 for your one-time security deposit.
With this company, however, your total B N Rathi Sub Broker Investment would range between Rs.50,000 and Rs.3,00,000.
You may find the curve in the range, you can settle for a lesser investment plan if you commit to the company of delivering huge business.
|B N Rathi Franchise Security Deposit|
|Check the B N Rathi Franchise cost requirement for each business model|
|How much is security deposit required for Sub Broker Program?||Rs.50,000 – Rs.300,000|
|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 B N Rathi Authorised Person Program?
You can trust the B N Rathi Sub Broker offers if you sign up with them. They offer you with Flexible Revenue Sharing and Zero Revenue Sharing with Prepaid.
Although you don’t get the offer of Flat Revenue Sharing, Zero Deposit and 10k Initial Deposit options under the B N Rathi Franchise Offers.
|B N Rathi Sub Broker Offers|
|Here is the list of B N Rathi 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?||Yes|
|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 B N Rathi Business Partner?
As one of the business associates, you can expect a whole lot o help from the B N Rathi Franchise Support.
As a member of the B N Rathi Partner Support, you can certainly expect a lot of support from their team in the form of Back Office Support, Advisory Support and Marketing support.
Although the customers have to manage themselves in the field of training like Acquisition Training, Dealing Trading, Product Training as the company doesn’t seem to have invested much in along with the no support from Trading.
|B N Rathi Business Partner Support|
|Here are the various Support B N Rathi 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?||No|
|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 B N Rathi Sub Broker Program?
The B N Rathi Partner Requirement in terms of infrastructure is also very conservative and realistic. They don’t overdo their expectations or demands from their associates or pressure them to maintain a high infrastructure standard.
The organisation wants you to maintain small office space for operating their business over an approximate 200 sq ft size area with no such limitation on the number of employees to be hired to run the business.
Other things as a part of the B N Rathi Sub Broker Infra Requirement would be the simplest needs like Internet connection and a proper telephone line in their office.
|B N Rathi Partner Infrastructure Requirement|
|Find the various Infra required to take up B N Rathi 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?||Yes|
|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 200 Sq Ft|
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What are the Eligibility Criteria to Become B N Rathi Partner?
Like any other brokerage company, this company also have their own B N Rathi Sub Broker Eligibility, which means they will make sure you qualify each of their criteria to become a sub-broker.
The basic thing they put as mandatory criteria is that the applicant should be of at least 21 years of age. The candidate must possess a basic knowledge about the field of the brokerage; possessing experience is more than welcome.
In terms of educational qualification, the candidate must have qualified the 12th standard from any board or equivalent examination under any institution recognized by the Indian government. A graduation degree would work in favour of the candidate.
The applicant must have a clear background which means he or she must not be convicted in the past or the present on any grounds of dishonesty or fraudulence.
An applicant is expected to be both physically and mentally fit. B N Rathi Franchise Eligibility criterion expects of its candidates to abide by all the terms and conditions of the company.
What is the brokerage charges levied to the Clients of B N Rathi Partners?
B N Rathi Partner Charges has charged that they can boast around the industry. For Equity Intraday your customers will be charged 0.02 per cent of the transaction value. Equity Delivery they will be charged between 0.20 per cent of the transaction value.
For Equity Options, they will be charged Rs 20 per lot whereas, for Currency options, customers will be charged Rs 10 per lot. Equity Futures, Currency Futures is charged around 0.02 per cent with no commodity charges.
If we compare the B N Rathi Authorised Person Charges to its competitors in the market, we will see how low the charges are making it so much more attractive to its customers and convincing them to become one.
|B N Rathi Sub Broker – Brokerage Charges to Clients|
|Here are the brokerage charges levied by B N Rathi Sub Broker to their clients|
|What are Equity Intraday charges?||0.02%|
|How much are Equity Delivery charges?||0.20%|
|How much is the charge levied on Equity Options?||Rs.20 per Lot|
|How much are the Currency Options charges?||Rs.10 per Lot|
|What are Equity Futures charges?||0.02%|
|What are the charges levied on Currency Futures?||0.02%|
|What are the charges levied on Commodity Trading?||NA|
What is the Account Opening Charges Levied to the clients of B N Rathi Sub Broker?
One thing you can be sure of is the account opening charges with B N Rathi. Your clients will be charged sponsored rates under the B N Rathi Franchise Charges. There are no charges to open account neither for the Demat account nor the Trading account.
Nevertheless, for Demat Account Maintenance your clients shall be charged Rs 250 per annum. The margin money to be maintained is just Rs 5000.
The maintenance for a trading account is free. This shows how sensibly your clients will be charged under the B N Rathi Sub Broker Charges with a mere transaction charge of 0.00250 per cent.
|B N Rathi Franchise – Account Opening Charges to Clients|
|Here are the account opening charges levied by B N Rathi Franchise to their clients|
|What are the Account Opening Charges?||Zero|
|What is the Margin Money required?||Minimum Rs.5,000|
|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?||0.00250%|
What is the Customer Ratings of B N Rathi Authorised Person Program?
B N Rathi Sub Broker Review undoubtedly provides you with some of the most candid and honest feedback about the organisation. This ultimately helps you decide whether to get associated with them or not.
The Revenue Sharing model scores a 2.5 out of 5, the Security Deposit scores 2.2 out of 5, for Experience and Offers they get a 2.4 out of 5, their Mobile Apps and Trading Platforms receive a 2.2 out of 5.
So if you look at the B N Rathi Franchise Rating, you will see an overall score of 2.4 out of 5.
|B N Rathi Franchise Customer Ratings|
|Find Client Ratings & Reviews against multiple parameters for B N Rathi|
|According to Revenue Sharing Model of the Franchiser||2.5 / 5|
|Ratings as per Security Deposit provided by the company||2.2 / 5|
|As per Experience in the Sub Broker Business||2.4 / 5|
|As per Offers provided by the Broking Franchise||2.4 / 5|
|Ratings as per Mobile Trading App & Trading Platforms||2.2 / 5|
|Overall Ratings of the Sub Broker Franchise||2.4 / 5|
B N Rathi Franchise Conclusion
In conclusion, the B N Rathi Franchise is certainly is a good option to do business if you aim to set up your stock broking agency and make good money out of it.
The company’s policies and services are quite adaptable to allow you to operate as a B N Rathi Sub Broker and advance in this field.
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Start your own Business Now! Become a Sub Broker. Fill up the Form
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