So are you one of those who are looking forward to being a member of the Shriram Insight franchise?
Well, if you’re thinking of any such partnership, you are actually on the right track since you will get all the advantageous deals once you are working with Shriram Insight.
Being a trustworthy brand and having a huge recall value of the brand, they at Shriram Insight, always try to give the best and most beneficial policies to their workers as well as to their clients.
They are always ready to help the people in the best possible manner so that no one can face any inconvenience due to us and get enough satisfaction while working with us.
In this article, you will see various aspects of the Shriram Insight Sub Broker Program and also learn about different features and get the whole detail as well.
|Shriram Insight Sub Broker Highlight|
|Top Business Model||Sub Broker|
|Initial Investment Required||Rs.15,000 to Rs.30,000|
|Revenue Sharing||55% – 70%|
|Payout Time||20 Days|
|SB Code Activation Time||35 Days|
What do you know about Shriram Insight Franchise?
Shriram Insight is a public company that is a full-service broker. The founder of the Shriram Insight franchise is Shri. R Thiagranjan and its headquarters in Chennai. It was established in the year of 1995 and providing its wonderful services to the public till now.
Its franchise requires an initial investment of Rs.15,000-Rs.30,000 and the sub-brokers get the revenue sharing between 55%-70%. Their payout process takes around 20 days and SB code activation takes approximately 35 days.
|Shriram Insight Business Partner Overview|
|Here is the overview of Shriram Insight Franchise|
|What type of Company is it? – Public / Private||Public|
|What is the Broker type?||Full Service Broker|
|Where is the Headquarter located?||Chennai, TN|
|Who is the Founder?||Shri. R Thiagarajan|
|What is the year of establishment?||1995|
|How many days does it take for SB Code Activation?||35 Days|
|How many days/weeks it takes for Payout?||20 Days|
Speak to the Franchise Managers now! Fill up the form:
What are the various Business Models that Shriram Insight Sub Broker Program provides?
Shriram Insight franchise business model includes various programs for the sub-brokers but it does not include any referral program, master franchise, and remisier.
- Sub Broker / Authorised Person
Shriram Insight Sub Broker / Authorised Person
Under Shriram Insight Sub Broker Program, the clients as well as the workers get enough benefits and services.
Shriram Insight franchise business models allow the sub-brokers to find and make their customer base and provide them with various products and services to maintain their existence and make them a permanent customers.
|Shriram Insight Franchise Business Models|
|Know about various Business Models of Shriram Insight|
|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 Shriram Insight Sub Broker Revenue Sharing work?
Shriram Insight sub-broker revenue sharing is beneficial and works authentically and uniquely.
The Shriram Insight franchise revenue sharing provides the earning opportunity to the sub-brokers with a revenue sharing of around 55%-70% which is a great advantage.
But the Shriram Insight sub-broker commission revenue sharing system does not include any revenue share in the referral program, master franchise, and remisier.
|Shriram Insight 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?||55% – 70%|
|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 Shriram Insight Business Partner Security Deposit requirement?
Different companies have their way of working and also have their requirements and conditions. The Shriram Insight franchise, they have its working protocol and requirements.
They have a crucial requirement that every sub-broker has to fulfill and that is they require a franchise security deposit of Rs.15,000-Rs.30,000 from the sub-brokers.
Apart from this, Shriram Insight’s business partner security deposit requirement does not require any deposit for the referral program, master franchise, and remisier as well.
|Shriram Insight Franchise Security Deposit|
|Check the Shriram Insight Franchise cost requirement for each business model|
|How much is security deposit required for Sub Broker Program?||Rs.15,000 to Rs.30,000|
|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 Shriram Insight Authorised Person Program?
Shriram Insight franchise offers various benefits to offer their sub-brokers. They have a policy of flexible revenue sharing which is a great advantage for the sub-brokers.
The Shriram Insight sub-broker’s offer also includes various other deals for the betterment of their sub-brokers and other workers but it does not include flat revenue sharing, zero revenue sharing with prepaid, and zero deposit. Also, the sub-brokers are required to deposit 10k initially.
|Shriram Insight Sub Broker Offers|
|Here is the list of Shriram Insight 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 Shriram Insight Business Partner?
Shriram Insight franchise support broking business partner provides various support services to their sub-brokers. It includes Acquisition training, dealing training, product training, and also back office support.
Shriram Insight partner support provides such help to their partners so that they can work well with limited obstacles. But it does not include advisory support and marketing support.
|Shriram Insight Business Partner Support|
|Here are the various Support Shriram Insight 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 Shriram Insight Business Associate?
Shriram Insight’s broking sub-broker program has various infrastructure requirements such as Shriram Insight partner requirements include a minimum of 2 employee strengths.
They need proper trading terminals, internet connection for better communication, telephone lines, and an office area of a minimum 200sq ft. But they do not require any research services.
|Shriram Insight Partner Infrastructure Requirement|
|Find the various Infra required to take up Shriram Insight 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|
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What are the eligibility criteria to become Shriram Insight partner?
To know Shriram Insight Franchise Eligibility, you just need to check the details mentioned below –
Shriram Insight Sub Broker Eligibility requires the following –
- You should be above 20 years of age
- Sub broker should have a bachelor’s degree
- Applicant must have 2 years of stock market experience
These are the basic eligibility requirement.
What are the brokerage charges levied on the Clients of Shriram Insight Partners?
The brokerage charges levied o the clients of Shriram Insight authorized person charges broking partners are such that the sub-brokers need to charge 0.05%-0.015% as equity intraday from the clients.
They charge 0.15%-0.50% as equity delivery, Rs.75-Rs.20 per lot as equity option and currency option, 0.05%-0.0015% as equity futures, currency futures, and the same are the commodity charges.
|Shriram Insight Sub Broker – Brokerage Charges to Clients|
|Here are the brokerage charges levied by Shriram Insight Sub Broker to their clients|
|What are Equity Intraday charges?||0.05% -0.015%|
|How much are Equity Delivery charges?||0.15% – 0.50%|
|How much is the charge levied on Equity Options?||Rs.75 – Rs.20 per lot|
|How much are the Currency Options charges?||Rs.75 – Rs.20 per lot|
|What are Equity Futures charges?||0.05% -0.015%|
|What are the charges levied on Currency Futures?||0.05% -0.015%|
|What are the charges levied on Commodity Trading?||0.05% -0.015%|
What are the Account Opening Charges Levied to the clients of Shriram Insight Sub Broker?
Shriram Insight franchise charges as sub-brokers need to take Rs. 300 as account opening charges from their clients, Rs.10,000 minimum as margin money, Rs.300 as Demat AMC, and transaction charges of 0.00300% of the total turnover.
They do not charge any amount for trading AMC.
|Shriram Insight Franchise – Account Opening Charges to Clients|
|Here are the account opening charges levied by Shriram Insight Franchise to their clients|
|What are the Account Opening Charges?||Rs.300|
|What is the Margin Money required?||Rs.10,000 Minimum|
|What is the charge for Demat AMC?||Rs.300|
|how much are Trading AMC charges?||Zero|
|How much is the Transaction Charges levied?||0.00300% of Total Turnover|
What are the Customer Ratings of Shriram Insight Authorised Person Program?
Shriram Insight franchise ratings are really good and efficient. Shriram Insight sub-broker reviews include ratings for the revenue sharing model as 3.3/5 and security deposit as 3.1/5.
Experience as 3.5/5, offers-3.2/5, mobile apps, and trading platforms- 3.5/5 with an overall rating of 3.45/5 and star ratings of 3/5.
|Shriram Insight Franchise Customer Ratings|
|Find Client Ratings & Reviews against multiple parameters for Shriram Insight|
|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|
Shriram Insight Business Associate Conclusion
Hence, with the above details, it is quite obvious that the Shriram Insight franchise is an efficient and trustworthy business to invest in which provides various beneficial deals for Shriram Insight sub-brokers with the best revenue sharing ratio and other supports.
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