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Sharekhan Franchise Benefits
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Sharekhan is a well-established brand in the brokerage industry. This broad base has elongated the Sharekhan Franchise Benefits list.
Do you know Sharekhan was of the first brokers to provide online share trading?
Well, you do now!
Sharekhan has served more than 2 million people are the numbers are increasing every day. Although the online presence has increased the reach, to aid their customers with human to human interaction, they’ve also set up thousands of offices across India.
Also, know about Sharekhan Franchise Details, Sharekhan Franchise Requirements, Sharekhan Ledger and
You can earn Sharekhan Sub-broker Commission after Sharekhan sub-broker login and reap its benefits.
Sharekhan is a subsidiary of BNP Paribas, which has its presence in India since the 1860s.
Here is the answer to your question of How to get Franchise of Sharekhan? To join the family of Sharekhan traders, they offer you multiple ways.
The Sharekhan Partnership or Sharekhan Franchise List is of three types. They are:
- Power Broker
Do you wish to have your share shop? Be your boss in the field of financial broking?
You can achieve a large scale business with Sharekhan Franchise & acquire online clients.
A current or newbie sub-broker, distributor of financial products, financial advisors, and dedicated business owners, are eligible for this method.
In addition to this, you get to offer customized services to High Net-worth Individuals (HNI) and dedicated Relationship Managers for equity sales, operations related issues, and risk monitoring.
2. Remisier
Do you have excellent convincing skills and a great contact base with HNIs but lack in explaining the intricacies of a plan?
You got your back, Jack!
Refer them to Sharekhan, and you’ll earn for every referral.
Let us explain how this will work. You’ll introduce your contacts to Sharekhan, and you’re done. For every client you refer, you’ll earn a pre-decided brokerage.
Further, you’ll have a dedicated relationship manager for your operations related issues and queries.
3. IFA (Independent Financial Advisor)
Become an exclusive Mutual Fund Distributor by partnering with us. You have to be either a Financial Advisor or a distributor of financial products for this to work.
You’ll be provided web-based calculators & tools to serve the existing and prospective clients. Also, you’ll be the one shop stop for all the financial investments by your clients.
Lastly, you’ll be eligible for leverage on the Sharekhan brand.
Sharekhan has a presence in around 540 cities across India. With this level of reach across the nation, anyone in association with Sharekhan is undoubtedly going to benefit.
Enlisting the Sharekhan Franchise Enrollments Benefits is like telling people what the advantages of drinking water are.
Nonetheless, we oblige while listing them. They are as follows:
To ease the understanding, they’ve been categorized into 4 – Technology, Tools, Research, Support.
- Technology
Imagine having your hands on a technology that enables 1.5 million trades every day. How do you feel at the thought of it?
Excited? Interested? Astonished?
So, if you become a part of the Sharekhan franchise scheme, you get to work on the classic website of Sharekhan, v, Sharekhan Mini, and the Sharekhan desktop software – TradeTiger. All of these software use state of the art technology to enable faster trade and execute the trade with minimal issues and problems.
- Tools to run the business
You get to use tools that make the business smooth.
Power Admin Login and Risk Tiger are the two tools offered by Sharekhan to its associates.
Power Admin Login has CIS, i.e., Customer Interface System, which helps in placing requests for KYC, and you can view customer information at one click.
This portal offers ledgers and brokerage statements for daily, weekly, monthly & periodical timelines.
Risk Tiger is the risk management system of Sharekhan. It provides view square off report and confirmation post square off.
- Research
There’s no doubt that the field of trading revolves around information.
To cover the lag between the two, you are provided with in-depth research done by the Sharekhan research team & experienced analysts. This research comprises all aspects like fundamental & technical research, IPO, Mutual Funds, and Derivatives.
Technical research and Fundamental research are a must to understand the past movements and precisely predict future trends. As a Sharekhan franchise, you’re expected to be well-versed with these facts and information.
- Support
A Sharekhan franchise would not be successful without support from the firm themselves. Onboarding and ongoing training are conducted to bring out the best in them.
This training is always a call away, as they can be attended online as well. In collaboration with Online Trading Academy, USA, these trainings are made available online.
Sharekhan’s core value of customer’s interest and disseminating the best practices & directives are some of the steps that help build trust among not just the customers but also between the company and its franchises.
Revenue generated from the Sharekhan franchise ranges from 60:40 to 70:30 in the case of Sub-broker. The Sharekhan franchise sharing depends on the individual’s way of getting the best deal.
To simplify, Sharekhan gets to keep 30% or 40% of your business.
Let’s elaborate on it with an example. If you do a business of ₹1,00,000 in a month, then you’ll have to pay ₹40,000 to Sharekhan, and the rest ₹60,000 is your monthly revenue in the 60:40 model.
In the case of Remisier and Independent Financial Advisor, the Sharekhan franchise sharing can be negotiated while signing the contract.
To become a part of Sharekhan, you need to pay some amount. This amount can be called a security deposit against you, representing the firm in the market.
The security deposit varies from ₹70,000-₹1,00,000 depending on the Sharekhan Franchise Scheme you select.
The entire amount is to be paid in advance.
In case you need Sharekhan franchise help, you can visit their website to register for a callback or dial the given number or email your query to them.
You’ll hear from them at the earliest.
Further, you can also contact the relationship manager or branch manager assigned to you. If that isn’t the issue, you could visit the nearest Sharekhan branch in person and get your queries sorted.
Sharekhan Franchise near me can easily found in cities like Delhi, Mumbai, Chandigarh and many more.
Their staff is coordinating and helpful in every way possible.
Conclusion
The leap from being a trader to being a financial advisor in collaboration with Sharekhan is enormous. But with an optimistic mindset, passion, and the correct time, you’ll be confident to take the next step towards a successful life.
Sharekhan has proved itself time and again as a trustworthy broker firm. This is why the investment in getting the Sharekhan franchise is worthwhile.
With a robust technological setup & advanced equipment, you’ll be proud of your decision to become Sharekhan partner.
Frequently Asked Questions (FAQs)
1. Where can I contact for any issues with the Franchise?
You can get in touch with the relationship manager assigned to you. They’ll help you in every possible way to sort out the issue.
2. What is the share of Sharekhan in the profits of a Franchise?
It ranges from 30% to 40%, depending on the deal agreed to while signing the contract. In some cases, it is negotiable at the signing table.
3. Which type of Sharekhan Franchise Scheme offers the maximum financial instruments?
Power Broker is the Sharekhan franchise scheme that offers trading in the maximum number of financial instruments.
4. What is the Security Deposit for Sharekhan Franchise?
The amount to be deposited initially ranges from ₹70,000 to ₹1,00,000. This is based on the type of Sharekhan Franchise you opt for.
Willing to open a Demat account, do refer to the below form.
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