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

SAMCO Franchise is basically an established player of the financial services industry. They initiated their operations in the year 1993. And, they’ve been serving the clients of diverse requirements ever since.

In fact, they’ve become one of the most favored companies in the recent past. They primarily function as a full-service brokerage house. However, that is not their only business forefront. They’re even involved in the financial franchise business.

In fact, they’ve developed quite an astounding network of business partner’s overs the past years. And, we’ll be focusing on exactly that part of their operations for this article.

In fact, we’ll lay down a proper review of SAMCO Sub Broker as a financial franchiser. And, we’ll do so by reflecting one several of their business aspects.

SAMCO Sub Broker Highlight
Top Business Model Referral Program
Initial Investment Required Zero
Revenue Sharing 10% – 20%
Payout Time 27 Days
SB Code Activation Time 30 Days

SAMCO Franchise SubBroker


What do you know about SAMCO Franchise?

SAMCO franchise was brought to existence in the year 1993. And, they’ve been serving various clients with diversified needs ever since. They were incorporated within the city of Mumbai, Maharashtra.

And, the reason for their mere existence can be credited to Jimeet Modi. In fact, he was the one whose efforts led the organization to gain such success.

As a financial franchiser, they need 30 working days to allocate a new sub broker’s code. And, they even need 27 days to pay the dues of their partners.

SAMCO Business Partner Overview
Here is the overview of SAMCO Franchise
What type of Company is it? – Public / Private Public
What is the Broker type? Discount Broker
Where is the Headquarter located? ‎Mumbai, India
Who is the Founder? Jimeet Modi
What is the year of establishment? 1993
How many days does it take for SB Code Activation? 30 Days
How many days/weeks it takes for Payout? 27 Days

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

SAMCO’s been serving in the financial services industry for over 2 decades. And, that’s how they’ve come to gain enormous knowledge about it. In fact, they’re well accompanied about the ins and out of the industry.

And, that’s how they’ve only come to grant only one business model to their partners. And, you might be surprised to know that it isn’t the usual business model as offered by their competitors. In fact, they have come up with a totally different solution.

They grant their partners with merely the Referral program. This is completely new even for this industry.

  • Referral Program

SAMCO Referral Program

This is a discrete model with distinguished features. This model does not require much from the partners. However, it allows them to grant all services on behalf of the franchiser.

Moreover, it even grants the partners with hefty commission rates. On the other hand, the partners are not even required to stay engaged with the business at all times. They only get paid when their referrals turn into real conversions.

SAMCO Franchise Business Models
Know about various Business Models of SAMCO
Is the Sub Broker business model available? No
Do they provide Referral Program? Yes
Do they provide Master Franchise Model? No
Does this broker provide Partner / Remisier model? No

How does SAMCO Sub Broker Revenue Sharing work?

SAMCO’s revenue-sharing model is as unique and discrete as the franchiser. It is dependent on several factors. One of the leading factors is the arrangements between the partners and the franchiser.

The franchiser allows the partners to gain a commission rate of 10-20%. You must understand that this is one of the highest rates for this business model in the industry.

SAMCO 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? NA
Do they provide revenue sharing or direct pay for Referral Program? 10% – 20%
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

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What is the SAMCO Business Partner Security Deposit requirement?

As we’ve mentioned before, the franchiser does not seek much from the partners. The partners are a lot less bound with SAMCO as compared to their competitors.

This is because of their unique business partnership approach. The franchiser merely requires quality leads from their partners and nothing more. This means that the partners do not need to pay any kind of security deposit whatsoever.

SAMCO Franchise Security Deposit
Check the SAMCO Franchise cost requirement for each business model
How much is security deposit required for Sub Broker Program? NA
Is there any security deposit required for Referral Program? Zero
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 SAMCO Authorised Person Program?

SAMCO franchise offers certain benefits to their business partners. These offers help the partners to establish their businesses with rather ease.

These even help them to earn a bit of extra income by saving. Moreover, these even grant the partners the ability to execute business upon their will and convenience. Thus, the list of offers provided by the franchiser include: –

  • Flexible Revenue Sharing
  • 10k Initial Deposit
SAMCO Sub Broker Offers
Here is the list of SAMCO 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

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Monarch Networth Franchise Motilal Oswal Franchise Swastika Investmart Franchise
Tradebulls Securities Franchise Angel Broking Franchise Shriram Insight Franchise

What are the various Supports provided to SAMCO Business Partner?

SAMCO franchise has come up with innovative ideas to help their partners. We’re talking about the SAMCO franchise support initiative.

This initiative includes various programs to train the partners. These programs basically help the partners to learn various business skills. Moreover, the programs are provided to the partners free of cost. Therefore, the list of all these programs can be summed up to: –

  • Acquisition Training
  • Dealing Training
  • Product Training
  • Back Office Support
  • Trading Support
SAMCO Business Partner Support
Here are the various Support SAMCO 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 SAMCO Business Associate?

SAMCO Franchise has specific requirements related to business infrastructure. These infrastructure help commence the business with ease and maintain the overall flow.

These infrastructures must be installed as per the list below: –

  • The partner must have an office of their own. And, the office must be of at least 200 sq. ft. this is required to install the basic apparatuses related to the business.
  • Partners are required to install certain trading terminals. These terminals help to commence the trades with ease. These must be installed as per the industry standards.
  • The partners must install a working telephone line. This is usually to be used for business communication. However, this sometime even caters to trades over call.
  • Partners are required to install a working internet connection. This is required to carry out several online trades at the same time. Moreover, this even helps out in undisputed communications.
  • The partners must have at least 2 people as their staff. This is required to carry out the daily business chores with ease. However, the recruits must be trained and well versed in the financial services domain.
SAMCO Partner Infrastructure Requirement
Find the various Infra required to take up SAMCO Franchise
What is the Employee Strength needed to start this franchise? Minimum 2
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 200 Sq Ft

Find out the basic requirements of other Stock Broking Franchise

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What are the eligibility criteria to become SAMCO Partner?

The franchiser has certain confinements with selecting their business partners. These confinements specify the kind of people eligible to join their business. Moreover, these even levels the ground for all the partners.

Therefore, SAMCO franchise eligibility criteria include: –

  • The joining partners are required to have a certain educative background. The franchiser only allows the people with a minimum intermediate degree to join. However, they happen to have a certain preference for people with bachelor’s degrees.
  • Joining partners are required to have a certain experience. The franchiser only takes people with 2 or more years of experience as partners. And, the experience must specifically be in the field of financial services.
  • The joining partners are required to belong to a certain age-group. In fact, the franchiser doesn’t allow the people below 21 years to even enroll for registration.
  • Joining partners are required to acquire certain certifications. These certifications are meant to grant them eligibility for different business aspects. One of the most important among them is the certificate granted by SEBI.

What is the brokerage charges levied to the Clients of SAMCO Partners?

The franchiser has confinements related to charging the clients for certain services. That’s why they’ve specified a list of rates for brokerage services. This list must be followed uniformly by all partners. So, SAMCO partner charges include: –

  • 02% or Rs. 20 for all equity intraday services.
  • 2% or Rs.20 for all equity delivery services.
  • 20 per lot for all equity options services.
  • A 20 per lot for all currency options services.
  • 02% or Rs. 20 for all equity futures services.
  • 02% or Rs. 20 for all currency futures services.
  • And, 0.02% or Rs. 20 for all commodity services.
SAMCO Sub Broker – Brokerage Charges to Clients
Here are the brokerage charges levied by SAMCO Sub Broker to their clients
What are Equity Intraday charges? 0.02% or Rs.20
How much are Equity Delivery charges? 0.2% or Rs.20
How much is the charge levied on Equity Options? Rs.20 per lot
How much are the Currency Options charges? Rs.20 per lot
What are Equity Futures charges? 0.02% or Rs.20
What are the charges levied on Currency Futures? 0.02% or Rs.20
What are the charges levied on Commodity Trading? 0.02% or Rs.20

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

SAMCO franchise charges for the non-brokerage must be incurred as: –

  • 00325% of total turnover as transaction charges.
  • 400 per annum for Trading AMC.
SAMCO Franchise – Account Opening Charges to Clients
Here are the account opening charges levied by SAMCO Franchise to their clients
What are the Account Opening Charges? Free
What is the Margin Money required? Zero
What is the charge for Demat AMC? Free
how much are Trading AMC charges? Rs.400 per annum
How much is the Transaction Charges levied? 0.00325% of Total Turnover of Total Turnnover

What is the Customer Ratings of SAMCO Authorised Person Program?

SAMCO franchise ratings are represented on the table above. The ratings can be read as: –

  • 3/5 for their revenue sharing model.
  • 2/5 for their security deposit requirement.
  • 1/5 for their experience.
  • 5/5 for their trading platforms.
  • 3/5 for their business offers.
  • 2/5 as an average rating for their overall performance.
SAMCO Franchise Customer Ratings
Find Client Ratings & Reviews against multiple parameters for SAMCO
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 3.1 / 5
As per Offers provided by the Broking Franchise 3.3 / 5
Ratings as per Mobile Trading App & Trading Platforms 3.5 / 5
Overall Ratings of the Sub Broker Franchise 3.2 / 5
Star Ratings ★★★☆☆

SAMCO Business Associate Conclusion

SAMCO Franchise has proven their worth as a financial franchiser more than once. And, the fact that they’ve been rated at 3.2 proves this rather well.


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