Prudent Broking Franchise or Sub Broker – Find Revenue Sharing, Security Deposit and more

Prudent Broking Franchise can start the business with just Rs. Thirty thousand and earn up to 50% of the revenue that they will generate for the Prudent Broking firm.

The Prudent Broking sub-brokers have the potential to make 80% of the revenue they generate by keeping the security deposit close to Rs. 1.5 lakhs. The percentage of revenue share is too high for the amount of security deposit requirement and this increases your ROI.

The Ahmedabad based traditional stockbroker was started by Niketa Sanjay Shah in the year 1995 as a private concern and it is now famous for the various opportunities it has for the franchise holders and also for the investors at the first place. The firm activates the sub-brokers code within 30 days and pays with 35 days every time.

Prudent Broking Sub Broker Highlight
Top Business ModelSub Broker
Initial Investment RequiredRs.30,000 – Rs.150,000
Revenue Sharing50% – 80%
Payout Time35 Days
SB Code Activation Time30 Days

Prudent Broking Franchise SubBroker

What do you know about Prudent Broking Franchise?

Prudent Broking Business Partner Overview
Here is the overview of Prudent Broking Franchise
What type of Company is it? – Public / PrivatePrivate
What is the Broker type?Full Service Broker
Where is the Headquarter located?Ahmedabad, Gujarat
Who is the Founder?Niketa Sanjay Shah
What is the year of establishment?1995
How many days does it take for SB Code Activation?30 Days
How many days/weeks it takes for Payout?35 Days

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What are the various Business Models that Prudent Broking Sub Broker Program provides?

Prudent Broking Franchise Business Models
Know about various Business Models of Prudent Broking
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 Prudent Broking Sub Broker Revenue Sharing work?

Prudent Broking Sub Broker Revenue Sharing
Find the details of Prudent Broking Sub Broker Commission for all Business Models
What is the revenue sharing for Sub Broker program?50% – 80%
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 Prudent Broking Business Partner Security Deposit requirement?

Prudent Broking Franchise Security Deposit
Check the Prudent Broking Franchise cost requirement for each business model
How much is security deposit required for Sub Broker Program?Rs.30,000 – 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 Prudent Broking Authorised Person Program?

Prudent Broking Sub Broker Offers
Here is the list of Prudent Broking 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?No

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What are the various Supports provided to Prudent Broking Business Partner?

Prudent Broking Business Partner Support
Here are the various Support Prudent Broking 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?No
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?Yes
Does the broking house provide Marketing Support to their sub brokers?No

Which is the Infrastructure required for Prudent Broking Sub Broker Program?

Prudent Broking Partner Infrastructure Requirement
Find the various Infra required to take up Prudent Broking Franchise
What is the Employee Strength needed to start this franchise?Minimum 1
Do the Sub Broker needs to provide Trading Terminals?No
Is the Internet Connection mandatory to take up franchise?No
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 Office Area required to become a Sub Broker?Minimum 100 Sq Ft

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What is the brokerage charges levied to the Clients of Prudent Broking Partners?

Prudent Broking Sub Broker – Brokerage Charges to Clients
Here are the brokerage charges levied by Prudent Broking Sub Broker to their clients
What are Equity Intraday charges?0.05%
How much are Equity Delivery charges?0.51%
How much is the charge levied on Equity Options?Rs.51 per Lot
How much are the Currency Options charges?Rs.31 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?0.05%

What is the Account Opening Charges Levied to the clients of Prudent Broking Sub Broker?

Prudent Broking Franchise – Account Opening Charges to Clients
Here are the account opening charges levied by Prudent Broking Franchise to their clients
What are the Account Opening Charges?Rs.310
What is the Margin Money required?Minimum Rs.5,100
What is the charge for Demat AMC?Rs.310 per Annum
how much are Trading AMC charges?Free
How much is the Transaction Charges levied?0.00%

What is the Customer Ratings of Prudent Broking Authorised Person Program?

Prudent Broking Franchise Customer Ratings
Find Client Ratings & Reviews against multiple parameters for Prudent Broking
According to Revenue Sharing Model of the Franchisor2.1 / 5
Ratings as per Security Deposit provided by the company2.2 / 5
As per Experience in the Sub Broker Business2.5 / 5
As per Offers provided by the Broking Franchise2.4 / 5
Ratings as per Mobile Trading App & Trading Platforms2.6 / 5
Overall Ratings of the Sub Broker Franchise2.3 / 5
Star Ratings★★★☆☆

Prudent Broking Franchise Conclusion


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