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

Jhaveri Securities Franchise is a contemporary broking house that has been serving many clients since its inception.

The company is known for its superior services and the excellent facilities it provides to the Jhaveri Securities Sub Broker. If you are planning to partner with the company, then this article will prove very beneficial for you.

Here, all the business models, strategies, revenue sharing schemes, deposits, offers, infrastructural requirements, eligibility criteria, brokerage charges, and customer ratings of the company will be discussed.

Jhaveri Securities Sub Broker Highlight
Top Business Model Sub Broker
Initial Investment Required Rs.50,000 – Rs.300,000
Revenue Sharing 50% – 70%
Payout Time 30 Days
SB Code Activation Time 27 Days

Jhaveri Securities Franchise SubBroker


What do you know about Jhaveri Securities Franchise?

Jhaveri Securities Franchise is a privately-owned broker house based in Vadodara, Gujarat. It is one of the well-renowned full-service broker houses of the country.

The company was established in the year 1992 by Mr. Ashwin C Shroff. A Jhaveri Securities Sub Broker has to wait for almost 27 days to get his SB Code activated and the payout time followed by the company is of near about 30 days.

Jhaveri Securities Business Partner Overview
Here is the overview of Jhaveri Securities Franchise
What type of Company is it? – Public / Private Private
What is the Broker type? Full Service Broker
Where is the Headquarter located? Vadodara, Gujrat
Who is the Founder? Ashwin C Shroff
What is the year of establishment? 1992
How many days does it take for SB Code Activation? 27 Days
How many days/weeks it takes for Payout? 30 Days

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

A Jhaveri Securities Sub Broker gets access to only two types of business models. They are the Sub Broker model and the Remisier model.

The company does not offer the Referral Program and Master Franchise models to a Jhaveri Securities Franchise. Every business model has some benefits that can help the partners in conducting their businesses profitably.

  • Sub Broker / Authorised Person
  • Partner Program / Remisier

Jhaveri Securities Sub Broker / Authorised Person

A sub-broker is given a franchisee of the company in the Sub Broker model. In the Master Franchise model, the Franchise is also given the ownership of the business.

Jhaveri Securities Partner Program / Remisier

The Remisier model does not provide any franchise for the partners. Instead, they are supplied with leads by Jhaveri Securities.

Jhaveri Securities Franchise Business Models
Know about various Business Models of Jhaveri Securities
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 Jhaveri Securities Sub Broker Revenue Sharing work?

As the company offers only two business models, therefore, the Jhaveri Securities Sub Broker Commission for the sub-broker model is between 50% and 70 and that for the Remisier model is 20%.

Jhaveri Securities Franchise Revenue Sharing policies are not applicable to the Referral Program and Master Franchise models of the company.

Jhaveri Securities Sub Broker Revenue Sharing
Find the details of Jhaveri 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? NA
How much is the revenue sharing required for Partner / Remisier model? 20%

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What is the Jhaveri Securities Business Partner Security Deposit requirement?

The Jhaveri Securities Franchise Cost policies are well demonstrated in the table above. In the Sub Broker model, a deposit of Rs.50,000 to Rs.300,000 needs to be made to the company.

In the Remisier model, the Jhaveri Securities Sub Broker Investment is Rs. 20,000. There are no deposit requirements included for the Referral Program and Master Franchise models.

Jhaveri Securities Franchise Security Deposit
Check the Jhaveri Securities 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? Rs.20,000

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

Jhaveri Securities Franchise Offers include Flexible Revenue Sharing. The company also entertains the offer of Zero Deposit.

But offers like Flat Revenue Sharing, Zero Revenue Sharing with Prepaid, and 10k Initial Deposit is not included in the Jhaveri Securities Sub Broker Offers.

Jhaveri Securities Sub Broker Offers
Here is the list of Jhaveri 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? No
Do they provide Zero Deposit scheme? Yes
Are they offering 10k Initial Deposit scheme? No

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What are the various Supports provided to Jhaveri Securities Business Partner?

Jhaveri Securities Franchise Support includes all types of significant supports that will help a business partner to conduct his business correctly.

The sub-brokers are provided training on how to deal with the customers and the products offered by the company.

They are supplied with back-office support and given proper advice and tips on marketing. However, Jhaveri Securities Partner Support does not provide acquisition training and trading support.

Jhaveri Securities Business Partner Support
Here are the various Support Jhaveri 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? 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? 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 Jhaveri Securities Sub Broker Program?

There are specific rules in terms of infrastructure that every sub-broker and Franchise has to abide by to get a trading license from any broking house.

Similarly, Jhaveri Securities has also set some rules by the name of Jhaveri Securities Partner Requirement that every sub-broker and Franchise has to follow to partner with them. These rules are:

  • The employee strength of the Franchise should be at least 2
  • There must be a proper trading terminal maintained by them
  • Proper telephone and internet connection should be there in the Franchise
  • Research services are not mandatory according to the Jhaveri Securities Sub Broker Infra Requirement
  • The franchisee should own an office with minimum 150 sq ft of area
Jhaveri Securities Partner Infrastructure Requirement
Find the various Infra required to take up Jhaveri 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? No
How much is the size of Office Area required to become a Sub Broker? Minimum 150 Sq Ft

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What is the Eligibility Criteria to Become Jhaveri Securities Franchise Partner?

According to the Jhaveri Securities Sub Broker Eligibility criteria, there are some basic things that each and every business partner has to adhere to. If they fail to do so, then they will not be allowed to partner with the company.

These criteria are summed up below:

  • The sub-brokers of the company should be of at least 18 years of age
  • They must be graduated with an authentic degree
  • Registration with SEBI is a must for the Franchise according to the Jhaveri Securities Franchise Eligibility criteria
  • A clean background should be maintained by the sub-brokers

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

A Jhaveri Securities Partner Charges 0.03% as brokerage charge for Equity Intraday and 0.20% for Equity Delivery. The charge levied for Equity Options is Rs. Fifty for a lot and that for Currency Options is Rs. 20 per lot.

Jhaveri Securities Authorized Person Charges only 0.03% as brokerage commission for Equity Futures and Currency Futures. The business partners charge nothing on the commodity.

Jhaveri Securities Sub Broker – Brokerage Charges to Clients
Here are the brokerage charges levied by Jhaveri Securities Sub Broker to their clients
What are Equity Intraday charges? 0.03%
How much are Equity Delivery charges? 0.20%
How much is the charge levied on Equity Options? Rs.50 per Lot
How much are the Currency Options charges? Rs.20 per Lot
What are Equity Futures charges? 0.03%
What are the charges levied on Currency Futures? 0.03%
What are the charges levied on Commodity Trading? NA

What is the Account Opening Charges Levied to the clients of Jhaveri Securities Sub Broker?

Jhaveri Securities Franchise Charges only Rs. 199 from a client for opening an account with them. The clients have to maintain at least Rs — 10,000 as margin money with the franchisees.

AMC for Demat account is Rs. 400 and that for the Trading account is Rs. 300. A Jhaveri Securities Sub Broker Charges 0.00325% as the transaction charge for each transaction carried out.

Jhaveri Securities Franchise – Account Opening Charges to Clients
Here are the account opening charges levied by Jhaveri Securities Franchise to their clients
What are the Account Opening Charges? Rs.199
What is the Margin Money required? Rs.10,000 Minimum
What is the charge for Demat AMC? Rs.400
how much are Trading AMC charges? Rs.300
How much is the Transaction Charges levied? 0.00325%

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

The Jhaveri Securities Franchise Ratings are clearly stated in the above table. The franchises have managed to pull off average ratings, which clearly indicate that the customers are satisfied with their performances. The Revenue Sharing Model of the company has received the highest score of 2.7 out of 5 points.

The Security Deposit schemes have fetched 2.4 points, and the experience of the customers has been given 2.6 points.

The offers have brought 2.5 points and that for the mobile apps and trading platforms maintained by the franchises is 2.1 points.

The overall rating given to them is 2.4 points. Jhaveri Securities Sub Broker Review has fetched the sub-brokers a good 3 out of 5 stars.

Jhaveri Securities Franchise Customer Ratings
Find Client Ratings & Reviews against multiple parameters for Jhaveri Securities
According to Revenue Sharing Model of the Franchiser 2.7 / 5
Ratings as per Security Deposit provided by the company 2.4 / 5
As per Experience in the Sub Broker Business 2.6 / 5
As per Offers provided by the Broking Franchise 2.5 / 5
Ratings as per Mobile Trading App & Trading Platforms 2.1 / 5
Overall Ratings of the Sub Broker Franchise 2.4 / 5
Star Ratings ★★★☆☆

Jhaveri Securities Franchise Conclusion

Jhaveri Securities offers brilliant support to its business partners. A Jhaveri Securities Sub Broker is given adequate training so that he can handle the business like a pro.

The company shares a good percentage of revenue with each and every Jhaveri Securities Franchise.


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