Narnolia Franchise or Sub Broker – Find Revenue Sharing, Security Deposit & more

The potential company the Narnolia Franchise came into the eyes of the traders in the year 1993 at 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

Narnolia Franchise SubBroker


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

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    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

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    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

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    What is the brokerage charges levied to 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 is 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 is the Customer Ratings of 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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