Kotak Securities Franchise is one of the big names in the stock market with a huge success rate. In this article, you will get to know about the various details of Kotak Securities Sub Broker minutely.
Here is the information about the company and its revenue, deposits, business models, infrastructural requirements, commission charges, and ratings. Going through them will help you understand their business policies better.
|Kotak Securities Sub Broker Highlight|
|Top Business Model||Sub Broker|
|Initial Investment Required||Rs.20,000 – Rs.2,00,000|
|Revenue Sharing||50% – 70%|
|Payout Time||35 Days|
|SB Code Activation Time||21 Days|
What do you know about Kotak Securities Franchise?
Kotak Securities Franchise is a privately-owned full-service broker house in India. It is headquartered in Mumbai, Maharashtra.
The firm was established in 1994 by Mr. Jaideep Hansraj. Kotak Securities Sub Broker takes almost 21 days for Sub Broker Code Activation and 35 days as Payout Time.
|Kotak Securities Business Partner Overview|
|Here is the overview of Kotak Securities Franchise|
|What type of Company is it? – Public / Private||Private|
|What is the Broker type?||Full Service Broker|
|Where is the Headquarter located?||Mumbai, India|
|Who is the Founder?||Jaideep Hansraj|
|What is the year of establishment?||1994|
|How many days does it take for SB Code Activation?||21 Days|
|How many days/weeks it takes for Payout?||35 Days|
Speak to the Franchise Managers now! Fill up the form:
What are the various Business Models that Kotak Securities Sub Broker Program provides?
Kotak Securities Sub Broker has two types of business models for clients. They are the Sub Broker model and Remisier model.
- Sub Broker
Kotak Securities Sub Broker / Remisier
Kotak Securities Franchise does not offer Referral Program and Master Franchise to its customers.
The models supported by Kotak Securities are less expensive if compared to the others. The Sub Broker Model of Kotak Securities allows a person to tie up with Kotak Securities.
With the Kotak Securities Remiser Model, one can earn a commission with each potential customer they connect.
|Kotak Securities Franchise Business Models|
|Know about various Business Models of Kotak 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 Kotak Securities Sub Broker Revenue Sharing work?
The table above clearly states the Kotak Securities Franchise Revenue Sharing system.
For the Sub Broker model, Kotak Securities Sub Broker Commission is 50% to 70% and that for Remisier is 20% to 30%. The commission will vary from one asset to another depending on its value.
|Kotak Securities Sub Broker Revenue Sharing|
|Find the details of Kotak 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% – 30%|
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What is the Kotak Securities Business Partner Security Deposit requirement?
Kotak Securities Sub Broker Investment charges a security deposit between Rs.20,000 and Rs.2,00,000 in their Sub Broker model. For the Remisier model, Kotak Securities Franchise Cost needs to be paid Rs. 30000 as the security deposit.
The company does not support Referral Program and Master Franchise in its Security Deposit model.
|Kotak Securities Franchise Security Deposit|
|Check the Kotak Securities Franchise cost requirement for each business model|
|How much is a security deposit required for Sub Broker Program?||Rs.20,000 – Rs.2,00,000|
|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 the Partner / Remisier Model?||Rs.30000|
What are the various Offers rolled out by Kotak Securities Authorised Person Program?
Kotak Securities Sub Broker Offers the privileges of Flexible Revenue Sharing and Zero Revenue Sharing with Prepaid to the business partners.
The Kotak Securities Franchise Offers do not entertain other offers like Flat Revenue Sharing, Zero Deposit, and 20K Initial Deposit.
|Kotak Securities Sub Broker Offers|
|Here is the list of Kotak Securities Franchise offers available to the clients|
|Do they provide a Flexible Revenue Sharing offer?||Yes|
|Are they providing Flat Revenue Sharing offers?||No|
|Do they offer the Zero Revenue Sharing model with Prepaid payment?||Yes|
|Do they provide the Zero Deposit scheme?||No|
|Are they offering a 10k Initial Deposit scheme?||No|
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What are the various Supports provided to Kotak Securities Business Partner?
Kotak Securities Franchise Support provides a very good amount of support to its broking franchises.
The sub-brokers are given training on all the products offered by Kotak Securities. They are taught how to deal with their clients personally.
Kotak Securities Partner Support helps the sub-brokers with support for Back-Office and Marketing. They are given advice and trading tips as per requirement.
|Kotak Securities Business Partner Support|
|Here are the various Support Kotak 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 authorized 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?||Yes|
Which is the Infrastructure required for Kotak Securities Sub Broker Program?
Kotak Securities Partner Requirements have set some infrastructural requirements that the Kotak Securities sub-brokers and Kotak Securities franchises have to follow.
The company will only allow the partners to trade with their licenses if they adhere to these criteria. The Kotak Securities Sub Broker Infra Requirements are as follows:
- The broking franchise must have a minimum of 5 employees
- There should be a trading terminal in the office
- The offices must be equipped with telephone and internet connections
- Research services are a must
- The sub-broker must own an office area of at least 250 square feet
|Kotak Securities Partner Infrastructure Requirement|
|Find the various Infra required to take up Kotak Securities Franchise|
|What is the Employee Strength needed to start this franchise?||Minimum 5|
|Do the Sub Broker needs to provide Trading Terminals?||Yes|
|Is the Internet Connection mandatory to take up the 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 the Office Area required to become a Sub Broker?||Minimum 250 Sq Ft|
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What are the eligibility criteria to become Kotak Securities Partner?
Kotak Securities Sub Broker Eligibility criteria are very plain and simple. Only a few basic things are required to get appointed as a business partner of the company.
These criteria are summed up below:
- To be qualified under the Kotak Securities Franchise Eligibility criteria the broking franchise must be registered with SEBI
- The sub-broker should complete 18 years of age
- They must hold a minimum qualification degree of graduation
- It is important to have clean moral records to get appointed as a sub-broker
What are the brokerage charges levied on the Clients of Kotak Securities Partners?
From the above table, you can easily understand the brokerage charges of a Kotak Securities sub-broker. Kotak Securities Authorized Person Charges 0.049% on Equity Intraday and 0.49% on Equity Delivery.
Rs. 100 is charged on each lot as Equity Options and Rs. 70 per lot is charged as Currency Options. Kotak Securities Partner Charges 0.05% on Equity Futures, and Currency Futures respectively.
|Kotak Securities Sub Broker – Brokerage Charges to Clients|
|Here are the brokerage charges levied by Kotak Securities Sub Broker to their clients|
|What are Equity Intraday charges?||0.049%|
|How much are Equity Delivery charges?||0.49%|
|How much is the charge levied on Equity Options?||Rs.100 per Lot|
|How much are the Currency Options charges?||Rs.70 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?||NA|
What is the Account Opening Charges Levied to the clients of Kotak Securities Sub Broker?
Kotak Securities Sub Broker Charges nothing for opening an account with them which is very rare in the market. Margin money needs not to be maintained with the company by the clients of the Kotak Securities Franchises.
The annual maintenance charge (AMC) for Demat account ranges from zero to Rs 499 + GST per year. AMC for the trading account is Rs. 0 for a year. Kotak Securities Franchise Charges a minimal charge of 0.00345% on each transaction.
|Kotak Securities Franchise – Account Opening Charges to Clients|
|Here are the account opening charges levied by Kotak Securities Franchise to their clients|
|What are the Account Opening Charges?||Zero|
|What is the Margin Money required?||Not required|
|What is the charge for Demat AMC?||Rs 499 + GST|
|how much are Trading AMC charges?||Rs.0 per Annum|
|How much is the Transaction Charges levied?||0.00345%|
How to become a Kotak Securities Partner or Sub Broker?
Kotak Securities started its franchise program in 2011 where any individual with good knowledge of the financial market can become a Kotak Securities Partner.
The company is driven towards expanding its business and adding more and more customers to the family.
Becoming Kotak Securities Sub Broker is an easy process. You can start your career in this dimension under the Kotak Franchise model, Coordinator model, or Employee-to-entrepreneur model.
The functions performed under all three categories are different and so are their revenue generations ways.
You will need office space, Certification from the National Institute of Securities Markets (NISM), and registration with SEBI only under the franchise model.
For the other two, a strong database of clients, and experience in the financial sector will do the trick for you.
Documents required to become Kotak Securities Partner
Kotak Securities Sub Broker is an innovative and new-age stock broking company. One can start their journey as a sub-broker for this prominent entity in no time with just a few basic documents.
- Identity proof
- Address proof
- SEBI registration certificate copy
- Graduation degree copy
- Copy of 10th mark sheet
- Copy of other examination certificates
- Investment proof
Why Partner with Kotak Securities?
As we know, Kotak Securities is a subsidiary of Kotak Bank, which itself is among the highly reputed private banks in India. Kotak Securities has millions of customers associated with it.
The entity assists its sub-brokers in every possible manner with initial training and seminars. As you go on this incredible journey, they grant access to their technical support and research.
Further, the training programs and workshops help you in understanding the role and contribution in a more sorted way.
You can grow immensely with this stock broking company and reach new heights in your career.
Kotak Securities Franchise – Pros & Cons
Kotak Securities is a reliable and reputed brand known all over India. It is a sub-division of Kotak Group.
You can high income through its different franchise models and decide on the level of your involvement.
*You get access to their creative trading platforms, market research, trading ideas, and constant support from the team.
You get to offer a wide range of products to your clients.
The investment with this stock broking company is relatively higher.
The brokerage charges are high.
Kotak Securities Franchise Registration
To initiate your voyage as a Kotak Securities Sub Broker, you need to register from the website of Kotak Securities. You will be guided on how to set up and the requirements needed to be fulfilled to open your franchise.
You can register under the three forms of partner programs designed by the entity, namely, the Franchise model, the Coordinator Model, and the employee-to-entrepreneur model.
If you are looking to own a franchise, you will have an office space, and the criteria of the look and feel of the space should comply. Also, you will need a NISM certification and registration with SEBI.
Earning the potential of a Kotak Securities Partner / ROI
The earning potential of a Kotak Securities Business Partner changes according to the partner program. As a franchise owner, you can earn up to 50 – 70% of the revenue brought by you in the business.
This revenue primarily depends upon the quantum and number of trading. Also, as you go further and grow in the number of clients, the benefits and revenue sharing are updated.
Kotak Securities Authorised Person – Products Offered
The Kotak Securities Authorised Person is expected to offer numerous types of financial products to the customers to choose from. Kotak Securities contains every financial security in its bucket to keep its customers elated and thrilled.
They can invest in stocks, Futures & Options, Mutual Funds, Sovereign Gold Bonds, Tax-Free Bonds, ETFs, Currency, Commodities, IPOs, etc.
What are the Customer Ratings of Kotak Securities Authorised Person Program?
The above table can give you a clear idea that the Kotak Securities Franchise Ratings are above average. They have provided good services to the customers who in turn, have given them good ratings in all the criteria.
The Revenue Sharing Model has fetched a good 3.4 out of 5 points which indicated that people liked it.
The Security Deposit has gained 3.2 points and offers provided by the company have got 2.5 points. The customers had a fine experience with the broking franchises and they have given a good rating of 3.5 points.
The Mobile Apps and Trading Platforms of Kotak Securities have attracted the highest points of 4 out of 5. The Overall Ratings are 3.37 points and the customers have given 3 stars to Kotak Securities Sub Broker Review.
|Kotak Securities Franchise Customer Ratings|
|Find Client Ratings & Reviews against multiple parameters for Kotak Securities|
|According to Revenue Sharing Model of the Franchisor||3.40 / 5|
|Ratings as per Security Deposit provided by the company||3.20 / 5|
|As per Experience in the Sub Broker Business||3.50 / 5|
|As per Offers provided by the Broking Franchise||2.50 / 5|
|Ratings as per Mobile Trading App & Trading Platforms||4.00 / 5|
|Overall Ratings of the Sub Broker Franchise||3.37 / 5|
Kotak Securities Franchise Conclusion
The Kotak Securities Franchise has been receiving great responses from customers. Kotak Securities Sub Broker is very well-trained and has a good deal of knowledge about the products offered by the company.
They have good experience in the field and come up with the best services that can satisfy the clients to a great extent.
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Start your own Business Now! Become a Sub Broker. Fill up the Form
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