Prabhudas Lilladher Franchise has been growing at an increasingly fast rate in the past few years.
The average full-service broker deal in all the various kinds of derivatives, equity, futures, and options of the facilities for trading as well as investing across India, on behalf of our group.
A Prabhudas Lilladher Sub Broker requires an initial investment of anywhere between INR 50,000 and INR 150,000. As you can probably guess, this is quite a lot, and not everyone can afford this initial cost.
We have a revenue-sharing model that facilitates a percentage of about 65 to 75 percent with an average pay-out time of about 21 days.
The standard SB Code Activation Time is 30 days. Here are a few FAQs about this:
Prabhudas Lilladher Sub Broker Highlight | |
Top Business Model | Sub Broker |
Initial Investment Required | Rs.50,000 – Rs.150,000 |
Revenue Sharing | 65% – 75% |
Payout Time | 21 days |
SB Code Activation Time | 30 Days |
What do you know about Prabhudas Lilladher Franchise?
The Prabhudas Lilladher Franchise is a well-known brokerage house in India. It is a privately owned firm and offers full-service brokers for all your needs.
This firm has its headquarters in Mumbai, India, incorporated into the city’s guidelines for a firm. The Prabhudas Lilladher Sub Broker has been going strong for many years now, with branches digging deeper into the country’s network.
It was founded in 1983 under the guidance of Mr. Arun Prabhudas Sheth and has been going strong ever since.
They typically take about 30 days to activate your SB Code and about 21 days for pay-out.
Prabhudas Lilladher Business Partner Overview | |
Here is the overview of Prabhudas Lilladher 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? | Arun Prabhudas Sheth |
What is the year of establishment? | 1983 |
How many days does it take for SB Code Activation? | 30 Days |
How many days/weeks it takes for Payout? | 21 days |
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What are the various Business Models that Prabhudas Lilladher Sub Broker Program provides?
As you can already guess from the introduction of Prabhudas Lilladher Franchise, they deal in just one model of business which is none other than Prabhudas Lilladher Sub Broker.
- Sub Broker / Authorised Person
Prabhudas Lilladher Sub Broker / Authorised Person
Under this model, a sub-brokership is provided to different enterprises or individuals by the company who can then build an entire client base on their own.
The sub-brokers then pitch the services and products to the clients according to their needs and demands, and in case any sales are made, they can earn revenue from it.
The fact that they have become so prominent despite just one model of business is commendable.
Prabhudas Lilladher Franchise Business Models | |
Know about various Business Models of Prabhudas Lilladher | |
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 Prabhudas Lilladher Sub Broker Revenue Sharing work?
After donating some time to research the given business models, you should be able to realize that the Prabhudas Lilladher Franchise Revenue Sharing model offers a commission of somewhere between 65-75% on every sale made by the Sub Broker on behalf of your company.
The Prabhudas Lilladher Sub Broker Commission varies according to the various classes of assets as well as the terms you agreed to while becoming a business partner.
Prabhudas Lilladher 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? | 65% – 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 |
Know about Revenue Sharing of other Sub Broker Franchise
What is the Prabhudas Lilladher Business Partner Security Deposit requirement?
The Prabhudas Lilladher Franchise Cost entails a lot of costs incurred when you decide to invest in it.
Cost varies from firm to firm due to the different models of business and the varying terms and conditions on offer.
The Prabhudas Lilladher Sub Broker Investment ranges from INR 50,000 to INR 150,000. These are certain factors that you will have to consider while planning your security deposit requirements.
Prabhudas Lilladher Franchise Security Deposit | |
Check the Prabhudas Lilladher Franchise cost requirement for each business model | |
How much is security deposit required for Sub Broker Program? | Rs.50,000 – Rs.150,000 |
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 Prabhudas Lilladher Authorised Person Program?
The Prabhudas Lilladher Authorised Person Program is a program that rolls out various offers.
These Prabhudas Lilladher Franchise Offers include various sub-broker offers.
The Prabhudas Lilladher Sub Broker Offers to include flexible sharing of revenue, which is, sharing of revenue based on various factors instead of a fixed percentage throughout.
They also attract customers based on various offers built upon an initial deposit of INR 10,000.
Prabhudas Lilladher Sub Broker Offers | |
Here is the list of Prabhudas Lilladher 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 Prabhudas Lilladher Business Partner?
The Prabhudas Lilladher Franchise Support entails various supports for the business partner by the firm. These supports also encompass various pieces of training given to individuals should they be requiring them.
They are given acquisition training, dealing training, and product training to enable them to tackle clients well and crack better deals.
They are also given trading support and back-office support which they can fall back on whenever in doubt.
The Prabhudas Lilladher Partner Support works to ensure there are no hiccups along the way.
Prabhudas Lilladher Business Partner Support | |
Here are the various Support Prabhudas Lilladher 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 Prabhudas Lilladher Business Associate?
The Prabhudas Lilladher Partner Requirement guidelines include the infrastructure requirements needed to become a partner.
They dictate that the company must have minimum employee strength of 3, with an office area of at least 300 sq. ft.
They also require that the office have active telephone lines, a fast internet connection, and trading terminals.
These guidelines more or less encompass whatever is written in the Prabhudas Lilladher Sub Broker Infra Requirement as well.
Prabhudas Lilladher Partner Infrastructure Requirement | |
Find the various Infra required to take up Prabhudas Lilladher 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 Eligibility Criteria to Become Prabhudas Lilladher Securities Partner?
Although our partnership is quite inclusive, you still have to fulfill some basic criteria for becoming our partner. One of the major criteria is registration with SEBI. This is a mandatory requirement to be a partner.
The candidate should be at least 18 years old and must have at least one graduation degree, although a bachelor’s degree is preferred.
Apart from all this, any previous experience in the financial or stock market, with certificates to prove so will serve to put you in good stead for our partnership.
What is the brokerage charges levied on the Clients of Prabhudas Lilladher Partners?
The Prabhudas Lilladher Authorised Person Charges are laid out very well for this firm. The brokerage charges vary from option to option.
They offer a charge of 0.010% on equity intraday and 0.10% on equity delivery, which are optimal rates in the market.
They charge INR 20 per a lot of equity options, and INR 10 per a lot of currency options. On the futures front, they charge a rate of 0.010% on both equity and currency futures.
The Prabhudas Lilladher Partner Charges do not mention any fixed charges for commodities, and they vary according to the nature of the commodity and the related terms and conditions.
Prabhudas Lilladher Sub Broker – Brokerage Charges to Clients | |
Here are the brokerage charges levied by Prabhudas Lilladher Sub Broker to their clients | |
What are Equity Intraday charges? | 0.010% |
How much are Equity Delivery charges? | 0.10% |
How much is the charge levied on Equity Options? | Rs.20 per lot |
How much are the Currency Options charges? | Rs.10 per lot |
What are Equity Futures charges? | 0.010% |
What are the charges levied on Currency Futures? | 0.010% |
What are the charges levied on Commodity Trading? | NA |
What are the Account Opening Charges Levied to the clients of Prabhudas Lilladher Sub Broker?
The Prabhudas Lilladher Franchise Charges include a lot of charges incurred while opening an account.
Clients have to pay INR 999 as account opening charges, along with a minimum of INR 25,000 as the margin money.
The annual maintenance charges (AMC) for demat accounts are INR 650, while there are no charges for trading accounts.
Prabhudas Lilladher Sub Broker Charges also include the transaction charges which are set at 0.00330% of the total turnover of the client’s company.
Prabhudas Lilladher Franchise – Account Opening Charges to Clients | |
Here are the account opening charges levied by Prabhudas Lilladher Franchise to their clients | |
What are the Account Opening Charges? | Rs.999 |
What is the Margin Money required? | Rs.25,000 Minimum |
What is the charge for Demat AMC? | Rs.650 |
how much are Trading AMC charges? | Zero |
How much is the Transaction Charges levied? | 0.00330% of Total Turnover |
What are the Customer Ratings of Prabhudas Lilladher Authorised Person Program?
The Prabhudas Lilladher Franchise Ratings include ratings for every facet of the company. The revenue-sharing model of the company has been given 3.3 out of 5 stars, while their security deposit schemes have been given 3.1 out of 5 stars.
Experience dealing with them has been given a total of 3.5 stars out of 5, while their offers have been rated with 3.2 stars out of 5, and various mobile apps and trading platforms have resulted in a rating of 3.3 stars out of 5.
These facets complete the Prabhudas Lilladher Sub Broker Review, giving this franchise an overall rating of 3.3 out of 5 stars.
Prabhudas Lilladher Franchise Customer Ratings | |
Find Client Ratings & Reviews against multiple parameters for Prabhudas Lilladher | |
According to Revenue Sharing Model of the Franchisor | 3.3 / 5 |
Ratings as per Security Deposit provided by the company | 3.1 / 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 | 3.3 / 5 |
Overall Ratings of the Sub Broker Franchise | 3.3 / 5 |
Star Ratings | ★★★☆☆ |
Prabhudas Lilladher Business Associate Conclusion
The Prabhudas Lilladher Franchise has been earning a lot of clients, from a plethora of fields from across the country due to their superior customer care support and various trading platforms.
This has also earned them the reputation of being extremely versatile in their dealings, establishing themselves as a potent Prabhudas Lilladher Sub Broker.
Years of experience, coupled with dedication and versatility give them an edge over their competitors. This makes them an ideal brokerage business partner for you.
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