Jainam Share Consultants Franchise is a well-renowned broking house of the country. The company has a reasonable success rate and serves a vast number of clients.
This article will give you thorough details of the policies followed by the company in the appointment of a Jainam Share Consultants Sub Broker.
Below is the information about the company, its business models, revenue schemes, brokerage charges, eligibility criteria, and infrastructural requirements for becoming a business partner, and the ratings from the customers.
|Jainam Share Consultants Sub Broker Highlight|
|Top Business Model||Sub Broker|
|Initial Investment Required||Rs.50,000 – Rs.100,000|
|Revenue Sharing||55% – 75%|
|Payout Time||45 Days|
|SB Code Activation Time||28 Days|
What do you know about Jainam Share Consultants Franchise?
Jainam Share Consultants Franchise is a privately-owned broking house of India. Mr. Jitendra Shah established it in the year 2000. The company is a full-service broking house headquartered in Surat, Gujrat.
A Jainam Share Consultants Sub Broker will need about 28 days to get his SB Code activated. The payout time followed by the company is of 45 days.
|Jainam Share Consultants Business Partner Overview|
|Here is the overview of Jainam Share Consultants Franchise|
|What type of Company is it? – Public / Private||Private|
|What is the Broker type?||Full Service Broker|
|Where is the Headquarter located?||Surat, Gujrat|
|Who is the Founder?||Jitendra Shah|
|What is the year of establishment?||2000|
|How many days does it take for SB Code Activation?||28 Days|
|How many days/weeks it takes for Payout?||45 Days|
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What are the various Business Models that Jainam Share Consultants Sub Broker Program provides?
A Jainam Share Consultants Sub Broker has only one option of business model offered by the broking house. It is the sub Broker model. Referral Program, Master Franchise, and Remisier models are not provided to the Jainam Share Consultants Franchise.
- Sub Broker / Authorised Person
Jainam Share Consultants Sub Broker / Authorised Person
The sub Broker model is dependent on the market. In Sub Broker model, the company gives the franchise to the business partners. But in this, the franchisee acts as the owner of the business.
|Jainam Share Consultants Franchise Business Models|
|Know about various Business Models of Jainam Share Consultants|
|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 Jainam Share Consultants Sub Broker Revenue Sharing work?
According to the above table, the Jainam Share Consultants Sub Broker Commission for the Sub Broker model is between 55% and 75%.
There are no Jainam Share Consultants Franchise Revenue Sharing policies for the Referral Program, Master Franchise, and Remisier models.
|Jainam Share Consultants Sub Broker Revenue Sharing|
|Find the details of Jainam Share Consultants 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|
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What is the Jainam Share Consultants Business Partner Security Deposit requirement?
Security deposit is the amount of money that needs to be deposited to the company for receiving a valid trading license. All the broking houses follow this policy.
The Jainam Share Consultants Sub Broker Investment amount can be anything between Rs.50,000, and Rs.100,000.
There is no Jainam Share Consultants Franchise Cost involved for the Referral Program, Master Franchise, and Remisier models of the company.
|Jainam Share Consultants Franchise Security Deposit|
|Check the Jainam Share Consultants 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?||NA|
|What is the deposit required for Partner / Remisier Model?||NA|
What are the various Offers rolled out by Jainam Share Consultants Authorised Person Program?
Jainam Share Consultants Sub Broker Offers to include only the offer of Flexible Revenue Sharing.
There are no provisions for Flat Revenue Sharing, Zero Revenue Sharing with Prepaid, Zero Deposit, and 10k Initial Deposit in the Jainam Share Consultants Franchise Offers.
|Jainam Share Consultants Sub Broker Offers|
|Here is the list of Jainam Share Consultants 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|
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What are the various Supports provided to Jainam Share Consultants Business Partner?
Jainam Share Consultants Partner Support model can be viewed from the table above. The company provides training for dealing with the customers to its business partners. They are also given a thorough knowledge of all the products offered by the company.
Support is given for back-office, trading, and marketing. Jainam Share Consultants Franchise Support does not include advisory support and acquisition training.
|Jainam Share Consultants Business Partner Support|
|Here are the various Support Jainam Share Consultants 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?||Yes|
|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?||Yes|
|Are they sharing Advisory Support with their partners?||No|
|Does the broking house provide Marketing Support to their sub brokers?||Yes|
Which is the Infrastructure required for Jainam Share Consultants Sub Broker Program?
Each broking house has some infrastructural requirements previously set for all its business partners. The sub-brokers and franchises must abide by them to get the license of a business partner from the company.
Similarly, there are specific policies that come under the Jainam Share Consultants Partner Requirement model. These requirements are:
- The minimum employee strength of the franchise must be 1
- They should maintain a proper trading terminal
- Stable internet and the telephone connection is a must according to the Jainam Share Consultants Sub Broker Infra Requirement
- Research services are not required
- The office of the business partner should be of at least 100 sq ft
|Jainam Share Consultants Partner Infrastructure Requirement|
|Find the various Infra required to take up Jainam Share Consultants 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?||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 100 Sq Ft|
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What is the Eligibility Criteria to Become Jainam Share Consultants Franchise Partner?
Jainam Share Consultants Sub Broker Eligibility criteria are elementary but followed very strictly by the company. The candidates should fit in these criteria to get the recognition of a business partner.
The criteria are:
- The candidate must be of at least 18 years of age
- He or she should have a valid degree of graduation
- The most important Jainam Share Consultants Franchise Eligibility criterion is that they should be registered with SEBI
- The candidates must have clean criminal records
What is the brokerage charges levied to the Clients of Jainam Share Consultants Partners?
Every Jainam Share Consultants Authorized Person Charges nominal brokerage charges from the clients. The cost for Equity Intraday is 0.06%, and that for Equity Delivery is 0.45%.
For Equity Options, Rs.150 is charged for a lot, and that for Currency Options is Rs.50 a lot.
A Jainam Share Consultants Partner Charges 0.06% on both Equity Futures and Currency Futures. There is no charge levied on Commodity.
|Jainam Share Consultants Sub Broker – Brokerage Charges to Clients|
|Here are the brokerage charges levied by Jainam Share Consultants Sub Broker to their clients|
|What are Equity Intraday charges?||0.06%|
|How much are Equity Delivery charges?||0.45%|
|How much is the charge levied on Equity Options?||Rs.150 per Lot|
|How much are the Currency Options charges?||Rs.50 per Lot|
|What are Equity Futures charges?||0.06%|
|What are the charges levied on Currency Futures?||0.06%|
|What are the charges levied on Commodity Trading?||NA|
What is the Account Opening Charges Levied to the clients of Jainam Share Consultants Sub Broker?
Jainam Share Consultants Franchise Charges Rs. 750 for opening an account with them. A minimum amount of Rs. The clients should maintain 10,000 as Margin Money.
The AMC for the Demat account is Rs. 500 and that for the Trading account is free. Jainam Share Consultants Sub Broker Charges 0.00325% on each transaction carried out.
|Jainam Share Consultants Franchise – Account Opening Charges to Clients|
|Here are the account opening charges levied by Jainam Share Consultants Franchise to their clients|
|What are the Account Opening Charges?||Rs.750|
|What is the Margin Money required?||Rs.10,000 Minimum|
|What is the charge for Demat AMC?||Rs.500|
|how much are Trading AMC charges?||Free|
|How much is the Transaction Charges levied?||0.00325%|
What is the Customer Ratings of Jainam Share Consultants Authorised Person Program?
The table below clearly depicts the Jainam Share Consultants Franchise Ratings received from the customers. The business partners of the company have received an average rating from the customers in all the aspects.
The Revenue Sharing model, Security Deposit scheme, and the experience of the customers with the franchisees have fetched 2.5 out of 5 points each.
The offers from the company have attracted 2.6 points. The Mobile Apps and trading platforms maintained by the franchises have received 2.3 points.
According to the Jainam Share Consultants Sub Broker Review, they have received an overall rating of 2.5 points along with three stars.
|Jainam Share Consultants Franchise Customer Ratings|
|Find Client Ratings & Reviews against multiple parameters for Jainam Share Consultants|
|According to Revenue Sharing Model of the Franchiser||2.5 / 5|
|Ratings as per Security Deposit provided by the company||2.5 / 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||2.3 / 5|
|Overall Ratings of the Sub Broker Franchise||2.5 / 5|
Jainam Share Consultants Franchise Conclusion
A Jainam Share Consultants Sub Broker is provided with valuable training and proper support to carry out his business effectively.
The company shares the right amount of revenue with every Jainam Share Consultants Franchise. If you are planning to indulge in the activity of a stock-broker and get a franchise, then contact Jainam Share Consultants for the best assistance.
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