Cholamandalam Securities Franchise or Sub Broker – Find Revenue Sharing, Security Deposit and more

Cholamandalam Securities Franchise is one of the reputed stock broking companies.

In this article, you will get to know about Cholamandalam Securities Sub Broker, Franchise and authorised person and review from the customer.

Along with this, we will also discuss the brokerage charges, services, offers and many other aspects which will help you to get an idea about this company.

Cholamandalam Securities Sub Broker Highlight
Top Business ModelSub Broker
Initial Investment RequiredRs.50,000 – Rs.100,000
Revenue Sharing50% – 70%
Payout Time3-4 Weeks
SB Code Activation Time28 Days

Cholamandalam Franchise SubBroker


What do you know about Cholamandalam Securities Franchise?

Cholamandalam Securities Franchise is a full-service broking company which is established in the year of 1994 by N Srinivasan.

The company is doing well in the stock market with hundreds of Cholamandalam Securities Sub Broker working under them across India.

This is an international financial service provider and it is situated in Chennai, Tamil Nadu. Cholamandalam Securities take about 28 days to activate the SB code and 3 to 4 weeks for a payout.

Cholamandalam Securities Business Partner Overview
Here is the overview of Cholamandalam Securities Franchise
What type of Company is it? – Public / PrivatePublic
What is the Broker type?Full Service Broker
Where is the Headquarter located?Chennai, T.N
Who is the Founder?N Srinivasan
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?3-4 Weeks

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    What are the various Business Models that Cholamandalam Securities Sub Broker Program provides?

    Cholamandalam Securities Franchise make business partners who act on behalf of the broker but for this, the company is mainly following two business models such as Master Franchise and Sub Broker.

    • Sub Broker / Authorised Person
    • Master Franchise

    Cholamandalam Securities Sub Broker / Authorised Person

    The Cholamandalam Securities sub broker model provides access to the trading platform of a stock exchange. The stockbroker needs to shares the amount of brokerage.

    Cholamandalam Securities Master Franchise

    The master Franchise model is basically an agreement which gives the control of the management and operations of Franchises in a certain area or territory.

    Cholamandalam Securities Franchise Business Models
    Know about various Business Models of Cholamandalam Securities
    Is the Sub Broker business model available?Yes
    Do they provide Referral Program?No
    Do they provide Master Franchise Model?Yes
    Does this broker provide Partner / Remisier model?No

    How does Cholamandalam Securities Sub Broker Revenue Sharing work?

    Cholamandalam Securities Franchise revenue sharing models is an initial fee the Franchise pay so that the brand name, product and services can be used for a certain region and training.

    The Cholamandalam Securities sub broker commission range is 50% to 70% as revenue sharing.

    Master Franchise will pay a percentage of a share as in revenue sharing models of a minimum 70% to a maximum 80% of its share. It will depend on the trade volume.

    Cholamandalam Securities Sub Broker Revenue Sharing
    Find the details of Cholamandalam Securities Sub Broker Commission for all Business Models
    What is the revenue sharing for Sub Broker program?50% – 70%
    Do they provide revenue sharing or direct pay for Referral Program?NA
    How much is the revenue sharing Master Franchise business?70% – 80%
    How much is the revenue sharing required for Partner / Remisier model?NA

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    What is the Cholamandalam Securities Business Partner Security Deposit requirement?

    When you are going to start a partnership business with any broking house, then you need to pay a security deposit amount. Cholamandalam Securities Sub Broker investment is a minimum of Rs.50,000 and maximum Rs.100,000.

    Cholamandalam Securities Franchise cost for master Franchise partnership model is Rs.200,000 to Rs.500,000 as a security deposit amount.

    Security deposits are collected by Cholamandalam Securities prior to inward bound into a full Franchise agreement.

    Cholamandalam Securities Franchise Security Deposit
    Check the Cholamandalam Securities Franchise cost requirement for each business model
    How much is security deposit required for Sub Broker Program?Rs.50,000 – Rs.100,000
    Is there any security deposit required for Referral Program?NA
    What is the initial investment required for Master Franchise Model?Rs.200,000 – Rs.500,000
    What is the deposit required for Partner / Remisier Model?NA

    What are the various Offers rolled out by Cholamandalam Securities Authorised Person Program?

    Cholamandalam Securities Franchise offers are available for the Sub Brokers of the Cholamandalam Securities. Cholamandalam Securities Sub Broker offers flexible revenue sharing of Sub Brokers.

    Along with this, Rs.10,000 is not required as an initial deposit and zero deposit is not provided. Prepaid zero income sharing is permitted and no subscriber’s flat income share is allowed.

    Cholamandalam Securities Sub Broker Offers
    Here is the list of Cholamandalam Securities 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 Cholamandalam Securities Business Partner?

    Cholamandalam Securities Franchise support Sub Brokers by providing ongoing support and assistance to the Franchise. Cholamandalam Securities Partner support provides product training modules hosted on their intranet by conducting initial training.

    Along with this, they also provide back office support. In order to develop and expand your business, the company will provide the necessary support.

    Cholamandalam Securities Business Partner Support
    Here are the various Support Cholamandalam Securities 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?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?No

    Which is the Infrastructure required for Cholamandalam Securities Sub Broker Program?

    To become the business partner you need to fulfil the basic Cholamandalam Securities Partner requirement. The business partner needs to set up the office with a minimum space of 200 sq. ft.

    According to cholamandalam Sub Broker infra requirement, it is mandatory to provide internet connection and telephone lines in the office. They need to have a minimum of 2 employees to attend the customers.

    Research services to assist the customers for trading is necessary and trading terminals will help the traders to place the order faster.

    Cholamandalam Securities Partner Infrastructure Requirement
    Find the various Infra required to take up Cholamandalam Securities Franchise
    What is the Employee Strength needed to start this franchise?Minimum 2
    Do the Sub Broker needs to provide Trading Terminals?Yes
    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?Yes
    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 Cholamandalam Securities partner?

    It will be beneficial for you to know about the Cholamandalam Securities Franchise eligibility before we are going to discuss brokerage and shares.

    According to the Cholamandalam Securities Sub Broker eligibility, the age of the candidate needs to be more than 18 and he must have the experience about the stock market.

    The candidate needs to get the registration of SEBI. Any kind of certification of the stock market or finance market can add some extra advantage. The authority will also check the background before hiring you for their company.


    What is the brokerage charges levied to the Clients of Cholamandalam Securities Partners?

    Cholamandalam Securities Partner charges 0.5% for the capital transaction. The brokerage fee applies each time you will place a trade and it is usually a nominal amount.

    0.05% is charged for intraday equity transactions and the same amount is charged for equity trading futures and currency futures.

    Cholamandalam Securities Authorised Person charges Rs 50 for stock options per batch and Rs 25 is charged as a brokerage for currency options per batch. Trading in commodity charge is 0.05%.

    Cholamandalam Securities Sub Broker – Brokerage Charges to Clients
    Here are the brokerage charges levied by Cholamandalam Securities Sub Broker to their clients
    What are Equity Intraday charges?0.05%
    How much are Equity Delivery charges?0.50%
    How much is the charge levied on Equity Options?Rs.50 per Lot
    How much are the Currency Options charges?Rs.25 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 Cholamandalam Securities Sub Broker?

    Cholamandalam Securities Franchise charges Rs 300 per annum to open the Demat account. Chalomandalam Securities Sub Broker charges for account opening are zero for the customers. Customer trading costs are free.

    The transaction charges will apply for trading and charges are 0.00300%. You don’t need to maintain any marginal amount for trading in Cholamandalam Securities Franchise.

    Cholamandalam Securities Franchise – Account Opening Charges to Clients
    Here are the account opening charges levied by Cholamandalam Securities Franchise to their clients
    What are the Account Opening Charges?Zero
    What is the Margin Money required?Zero Margin
    What is the charge for Demat AMC?Rs.300 per Annum
    how much are Trading AMC charges?Free
    How much is the Transaction Charges levied?0.00300%

    What is the Customer Ratings of Cholamandalam Securities Authorised Person Program?

    The Cholamandalam Securities Sub Broker review is based on the experience of the customer, offers and services. If you are willing to be a Sub Broker of this company, then it will be good for you to know about the Cholamandalam Securities Franchise ratings.

    The company gets 2.5 out of 5 for the revenue sharing model. It gets 2.4 for experience and offers and that means customers are happy with the offers.

    But the company needs to work on a security deposit and mobile apps and trading platforms as it gets 2.2 out of 5.  The overall rating of the company is 2.4 out of 5 and which is quite good.

    Cholamandalam Securities Franchise Customer Ratings
    Find Client Ratings & Reviews against multiple parameters for Cholamandalam Securities
    According to Revenue Sharing Model of the Franchiser2.5 / 5
    Ratings as per Security Deposit provided by the company2.2 / 5
    As per Experience in the Sub Broker Business2.4 / 5
    As per Offers provided by the Broking Franchise2.4 / 5
    Ratings as per Mobile Trading App & Trading Platforms2.2 / 5
    Overall Ratings of the Sub Broker Franchise2.4 / 5
    Star Ratings★★★☆☆

    Cholamandalam Securities Franchise Conclusion

    After the discussion, it can be concluded that the Cholamandalam Securities Franchise is one of the top-notch broking houses in India. It will give you flexible and convenient trading services for customers.

    Cholamandalam Securities Sub Broker offers various services and programs to the clients. Therefore, if you are looking for any reliable broking service offering firm, then you can consider about Cholamandalam Securities.


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