SHCIL is a stock trading company which is famous for its sub brokering model. SHCIL Services Franchise stays in a good books with an initial investment ranging between Rs.50000 to Rs.200,000 and a revenue-sharing 60 percent to 70 percent revenue sharing benefits.
The payout to SHCIL Services Sub Broker is given in 35 days. They have 30 days as their SB code activation time. This is a public company which has full-service brokers.
Established in 1995 by Sanjoy Pote, has its headquarters in Guntur, Andhra Pradesh. This is a good and reasonable company to look out for franchise and sub brokering options, without any doubt.
| SHCIL Services Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.200,000 |
| Revenue Sharing | 60% – 80% |
| Payout Time | 35 Days |
| SB Code Activation Time | 30 Days |
What do you know about SHCIL Services Franchise?
| SHCIL Services Business Partner Overview | |
| Here is the overview of SHCIL Services Franchise | |
| What type of Company is it? – Public / Private | Public |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | Guntur, A.P |
| Who is the Founder? | SANJAY POTE |
| 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 SHCIL Services Sub Broker Program provides?
| SHCIL Services Franchise Business Models | |
| Know about various Business Models of SHCIL Services | |
| 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? | Yes |
How does SHCIL Services Sub Broker Revenue Sharing work?
| SHCIL Services Sub Broker Revenue Sharing | |
| Find the details of SHCIL Services Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | 60% – 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? | 20% |
Know about Revenue Sharing of other Sub Broker Franchise
What is the SHCIL Services Business Partner Security Deposit requirement?
| SHCIL Services Franchise Security Deposit | |
| Check the SHCIL Services Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | Rs.50,000 – Rs.200,000 |
| 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? | Rs.20,000 |
What are the various Offers rolled out by SHCIL Services Authorised Person Program?
| SHCIL Services Sub Broker Offers | |
| Here is the list of SHCIL Services 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? | Yes |
| Are they offering 10k Initial Deposit scheme? | No |
Check out the various offers of other Sub Broker Providers
What are the various Supports provided to SHCIL Services Business Partner?
| SHCIL Services Business Partner Support | |
| Here are the various Support SHCIL Services 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? | No |
| 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 SHCIL Services Sub Broker Program?
| SHCIL Services Partner Infrastructure Requirement | |
| Find the various Infra required to take up SHCIL Services Franchise | |
| What is the Employee Strength needed to start this franchise? | Not Mandatory |
| 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? | Not Mandatory |
Find out the basic requirements of other Stock Broking Franchise
What is the brokerage charges levied to the Clients of SHCIL Services Partners?
| SHCIL Services Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by SHCIL Services 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? | NA |
What is the Account Opening Charges Levied to the clients of SHCIL Services Sub Broker?
| SHCIL Services Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by SHCIL Services Franchise to their clients | |
| What are the Account Opening Charges? | Rs.399 |
| What is the Margin Money required? | Minimum Rs.5,000 |
| What is the charge for Demat AMC? | Rs.229 per Annum |
| how much are Trading AMC charges? | Free |
| How much is the Transaction Charges levied? | 0.00% |
What is the Customer Ratings of SHCIL Services Authorised Person Program?
| SHCIL Services Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for SHCIL Services | |
| According to Revenue Sharing Model of the Franchisor | 2.4 / 5 |
| Ratings as per Security Deposit provided by the company | 2.2 / 5 |
| As per Experience in the Sub Broker Business | 2.6 / 5 |
| As per Offers provided by the Broking Franchise | 2.3 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 2.5 / 5 |
| Overall Ratings of the Sub Broker Franchise | 2.3 / 5 |
| Star Ratings | ★★★☆☆ |
SHCIL Services Franchise Conclusion
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