The potential company the Narnolia Franchise came into the eyes of the traders in the year 1993 in Kolkata. The founder Mr. Krishna N Narnoli laid the foundation of the public oriented full-service company Narnolia sub-broker.
The company takes only 30 days to release the payout while it takes to activate the sub-broker code is 31 days. The best is that here the traders need to pay a minimum amount of Rs.15,000 and maximum the traders will have to pay Rs.25,000.
Besides that, the traders will get the chance to have a satisfying revenue-sharing percentage, which is 75% – 85%.
Narnolia Sub Broker Highlight | |
Top Business Model | Sub Broker |
Initial Investment Required | Rs.15,000 to Rs.25,000 |
Revenue Sharing | 75% – 85% |
Payout Time | 30 Days |
SB Code Activation Time | 31 Days |
What do you know about Narnolia Franchise?
Narnolia Business Partner Overview | |
Here is the overview of Narnolia Franchise | |
What type of Company is it? – Public / Private | Public |
What is the Broker type? | Full Service Broker |
Where is the Headquarter located? | Kolkata |
Who is the Founder? | Mr. Krishna N Narnoli |
What is the year of establishment? | 1993 |
How many days does it take for SB Code Activation? | 31 Days |
How many days/weeks it takes for Payout? | 30 Days |
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What are the various Business Models that Narnolia Sub Broker Program provides?
Narnolia Franchise Business Models | |
Know about various Business Models of Narnolia | |
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 Narnolia Sub Broker Revenue Sharing work?
Narnolia Sub Broker Revenue Sharing | |
Find the details of its Sub Broker Commission for all Business Models | |
What is the revenue sharing for Sub Broker program? | 75% – 85% |
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 |
Know about Revenue Sharing of other Sub Broker Franchise
What is the Narnolia Business Partner Security Deposit requirement?
Narnolia Franchise Security Deposit | |
Check the Narnolia Franchise cost requirement for each business model | |
How much is security deposit required for Sub Broker Program? | Rs.15,000 to Rs.25,000 |
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 Narnolia Authorised Person Program?
Narnolia Sub Broker Offers | |
Here is the list of Narnolia 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? | Yes |
Check out the various offers of other Sub Broker Providers
What are the various Supports provided to Narnolia Business Partner?
Narnolia Business Partner Support | |
Here are the various Support Narnolia Franchise needs to provide to their clients | |
Do they provide Acquisition Training to their associates? | Yes |
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? | No |
Which is the Infrastructure required for Narnolia Business Associate?
Narnolia Partner Infrastructure Requirement | |
Find the various Infra required to take up Narnolia Franchise | |
What is the Employee Strength needed to start this franchise? | Minimum 3 |
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 300 Sq Ft |
Find out the basic requirements of other Stock Broking Franchise
What are the brokerage charges levied on the Clients of Narnolia Partners?
Narnolia Sub Broker – Brokerage Charges to Clients | |
Here are the brokerage charges levied by Narnolia Sub Broker to their clients | |
What are Equity Intraday charges? | 0.01% – 0.02% |
How much are Equity Delivery charges? | 0.1% – 0.2% |
How much is the charge levied on Equity Options? | Rs.10 – Rs.20 per Lot |
How much are the Currency Options charges? | Rs.10 – Rs.20 per Lot |
What are Equity Futures charges? | 0.01% – 0.02% |
What are the charges levied on Currency Futures? | 0.01% – 0.02% |
What are the charges levied on Commodity Trading? | 0.01% – 0.02% |
What are the Account Opening Charges Levied to the clients of Narnolia Sub Broker?
Narnolia Franchise – Account Opening Charges to Clients | |
Here are the account opening charges levied by Narnolia Franchise to their clients | |
What are the Account Opening Charges? | Rs.300 |
What is the Margin Money required? | Minimum Rs.3,000 |
What is the charge for Demat AMC? | Free |
how much are Trading AMC charges? | Rs.250 per Annum |
How much is the Transaction Charges levied? | 0.00325% of Total Turnover |
What are the Customer Ratings of the Narnolia Authorised Person Program?
Narnolia Franchise Customer Ratings | |
Find Client Ratings & Reviews against multiple parameters for Narnolia | |
According to Revenue Sharing Model of the Franchisor | 3.3 / 5 |
Ratings as per Security Deposit provided by the company | 3.2 / 5 |
As per Experience in the Sub Broker Business | 3.5 / 5 |
As per Offers provided by the Broking Franchise | 3.2 / 5 |
Ratings as per Mobile Trading App & Trading Platforms | 3.5 / 5 |
Overall Ratings of the Sub Broker Franchise | 3.3 / 5 |
Star Ratings | ★★★☆☆ |
Narnolia Business Associate Conclusion
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