It is an honor in itself to start an HDFC Securities Franchise. The brand value HDFC Securities has, and the presentation, will work for itself.
As an HDFC Securities Sub Broker, you can offer your services and earn a commission on every revenue generated through you.
So, this article will help you understand how you can become one of the partners of HDFC Securities and dive into the world of possibilities.
The article will give insights into revenue sharing structure, investments, infrastructure requirements, and all other details you want to know before choosing the brokerage house to partner with.
HDFC Securities Franchise Business Opportunity - Snapshot
Line of Business
Unit / Shop Area
Commission% / Revenue Sharing
HDFC Securities Sub Broker Review & Ratings by FranchiseByte
Franchise Fee & Infra Investment
Support & Training
The HDFC Securities Partner likes everything about HDFC Securities to quite a fair extent. It has been rated fair by the franchise holders/ partners of the broker itself.
The overall rating of the broker stands over and above 4.1 out of 5, almost for every category, like market share, experience, products and services, the support offered, and revenue sharing.
Overview of HDFC Securities Partner Program
Line of Business
Founded In (year)
No. of Franchise Outlets
Master Franchise Model
Business Set-Up Time
Franchise Commencement Year
Bharat Shah established HDFC Securities Ltd. in 2000 as a public organization. They started their HDFC Securities Partner program in the year 2007.
HDFC Securities has its headquarters in Mumbai and is a part of the banking conglomerate HDFC Bank. It has partners across the country, which helps the partner’s network better and grow.
HDFC Securities Franchise Program – Business Models
There are two business models that HDFC Securities offer, and they are –
|Business Model||Revenue Sharing|
|Partner Program||20% – 30% + Rs.250 per new Client|
|Referral Program||Rs.250 per new Client|
HDFC Securities Partner
The first available business model is a Partner program, or you can also refer to this as HDFC Securities Sub Broker.
However, this is not precisely a sub-brokership, as there is no need to assist the clients acquired.
So, your role will be to identify new prospects and pitch them about HDFC Securities and why they can open an account with the brokerage house.
After that, you need to make them understand the products and services offered by the broker.
Then if they want to open an account with HDFC Securities, you need to help them with the account opening and keep a cordial relationship to retain the clients.
However, there is no need to assist them in trading as a Partner of HDFC Securities.
HDFC Securities Referral Program
The referral program is similar to the Partner program, but your work will involve only getting new clients and nothing else.
This means you need to share your referral link, and if the person opens an account with HDFC Securities using your referral link, you get rewards.
So, here you do not have to help the referred person with account opening or keep in touch to retain them, as this model will have continuous earnings.
HDFC Securities Franchise Investment & Fees
Partner - Franchise Fee
Referral - Franchise Fee
There is no investment involved for both the business models that HDFC Securities has.
HDFC Securities Franchise Cost is Zero, Yes, you heard it right, and even when you are registering as a Partner, there is no need to register with SEBI.
Since you won’t offer advisory services or trading or dealing support to the clients, registering yourself as an Authorised Person with SEBI is no longer necessary.
So, there are no registration fees you must pay and no security deposit you must keep to become a partner of this brokerage house.
HDFC Securities Sub Broker Commission / Revenue Sharing / Royalty
HDFC Securities Commission
HDFC Securities Commission
The HDFC Securities Sub Broker Commission will be only for the partner program. The referral program offers a flat reward of Rs.250 per successful account opening/ referral.
On the other hand, the partners get the same Rs.250 per account opening and 20% to 30% of the revenue generated by that client until he continues to operate the account and use the same.
So, for instance, you onboarded a client to HDFC Securities in September 2022. So, first, you will receive Rs.250 for successful client acquisition and account opening.
Then say the client trades for the whole month of October and pays a brokerage of around Rs.30,000 to the broker for the month.
Out of this total revenue, you will get Rs.6,000 to Rs.9,000 as per your revenue sharing portion agreed upon.
HDFC Securities Business Partner ROI Details
Since no investment is required to become a firm partner, HDFC Securities Franchise Returns turn positive upon receiving the first payment.
You can generate positive returns from the very first month only. It takes around 21 days to activate the sub-brokers code for the partner, and then you start operating and generating business.
Then within 1 month from then, or to be precise 30 days, you will start receiving your payouts. So, it will be a cycle of 30 days.
HDFC Securities Partner Profits & Expenses
|No. of Active Clients||200|
|Daily Trades per Clients||1|
|Avg. Volume per Trade||2,50,000|
|Brokerage per Trade||0.20%|
|Trading Days in 1 Month||3|
|Total Brokerage Revenue||3,00,000|
|Partner’s Share (40%)||1,20,000|
|1 Telecaller Cost||15,000|
|(Revenue – Expenses)||1,00,000|
Master Franchise of HDFC Securities - Information
Commission% / Revenue Sharing
This broker offers no business model as HDFC Securities Master Franchise. However, in the future, it can add to the business models. For now, you can join as a Partner or referral program partner.
HDFC Securities Franchise Infrastructure Requirement
Shop / Unit Area
Research / Advisory
Trading Terminals Set-up
Computer / Internet Connectivity
For the HDFC Securities Partner Program, you would need basic infrastructure as the business model offered by the broker doesn’t require you to offer any trading facilities to the clients.
Thus, having a basic office set-up would do, and you can even do without it, which is online. It would depend on you which format you are comfortable in.
However, you would need a laptop or desktop and a stable internet connection to track all business details quickly.
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Support Provided by HDFC Securities Partner Program
Client Interaction Training
Relationship Manager Support
Business Management Software
The support or facilities offered to the HDFC Securities Sub Broker include –
- Marketing support
- Client sourcing support
- Client engagement support
- Relationship manager support
- Back-office support
Franchise of HDFC Securities - Marketing Support
Unit Interior & Exterior Ads
The marketing support of the HDFC Securities Franchise Program includes –
- Online promotion of the brand and your business locally
- Local advertisements
- Office interior and exterior advertisements
- There is complete support for digital marketing so that you can generate leads from online sources
Training provided by HDFC Securities Sub Brokership
Product Information Training
The HDFC Securities Sub Broker gets regular training for products and services, client servicing, soft skills, client acquisition, and more.
Training is given to all the partners in the local branches or online to develop their skill sets and business acumen.
Continuous training helps the partners to grow their business by knowing new strategies and skills to acquire prospective clients.
HDFC Securities Partner Program - Products & Services Offered
3 in 1 Acount
Exposure or Limit
Web Trading Platform
Algo Trading Platform
As an HDFC Securities Business Partner, you can offer your 3-in-1 Demat, trading, and bank account.
Then the broker offers a wide range of investment options, from equities to commodities, currencies, derivatives, futures and options, mutual funds, and IPO services.
There are stock recommendation services, portfolio management services, and margin trading facilities.
The broker offers many trading platforms, including mobile applications, web trading platforms, trading terminals, and the Algo trading platform.
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Franchise for HDFC Securities - Revenue per Customer
The revenue you can generate as an HDFC Securities Franchise will depend on the volume of transactions your client does.
To understand this, you must first know how much HDFC securities charges as a brokerage.
So, for intraday, commodities, and currency futures, the broker charges 0.032% of the value of the transactions/trade order.
For the delivery trades, the brokerage is 0.32%, for equity options & futures, they charge Flat Rs.20 per order, while the brokerage charge for Currency Option is Rs.100 per lot.
Franchisee Qualification required by HDFC Securities Sub Broker Franchise
The eligibility criteria for HDFC Securities Affiliate Program are straightforward. You need to be 21 years and above and a graduate.
If you have previous experience in the capital market or as a sub-broker, Remisier, it would be a plus.
However, it is not mandatory, and even newbies can apply for a partnership with HDFC Securities.
The partnership can be most fruitful for financial professionals, investment enthusiasts, Women entrepreneurs, and social media influencers.
Documents Required to Start HDFC Securities Partner Program
Proprietor Aadhaar Copy
Proprietor / Business PAN Copy
Business TAN Copy
GST Registration Certificate
Proprietor / Business Address Proof
Unit / Shop Address Proof
NOC of Unit / Shop
For the HDFC Securities Affiliate Program application process, you need to upload/ submit certain documents. Here is the list of the documents –
- PAN card of the applicant
- AADHAAR card of the applicant
- GST registration certificate, if applicable
- NOC for the office address and the address proof of the office, if applicable
- Business experience certificate, if any
- Educational certificate
HDFC Securities Partner or Franchise Dashboard
|Partner Dashboard||Login Link|
The HDFC Securities Partner Dashboard offered to the partners is one of a kind. It has excellent features and tools to help you analyze our business growth, lead generation, and client conversion.
You can track all your clients converted in a particular period. Then the earnings you have generated in a period and many more details with this dashboard.
There are charts and graphs to help you easily track and analyze your business.
HDFC Securities Partner Login or HDFC Securities Franchise Login
You will have to use the HDFC Securities Franchise Login credentials provided to you to log in to the dashboard.
The credentials are given when your partner’s account goes live. After your application, the broker verifies all the details and documents.
Then they email you will have the credentials and other details. Once you install the back office management software, you can log in and see the dashboard.
HDFC Securities Sub Broker Benefits
The main benefits of becoming an HDFC Securities Sub Broker includes the following –
- The brand value of HDFC Securities will automatically help you secure more clients easily
- There is complete transparency, security, and accuracy of the commission generated, the revenue share, and every other detail.
- HDFC Securities offers Excellent support facilities to the partners, whether it is marketing support or client/ RM support.
- There are regular pieces of training that will keep the partners up to date with all the products and services offered and also with the market conditions
- No investment is required to join as a partner
HDFC Securities Franchise Drawbacks
The cons of the HDFC Securities Franchise can be its low revenue sharing and fewer business models.
The revenue shared by this broker is comparatively lower than other brokerage houses, even though there is no investment requirement is a thing to consider.
Moreover, there is only 1 business model where revenue is shared, so there are no other business models to choose for earning a higher revenue share.
HDFC Securities Partner Program – Conclusion
If you are looking for a highly reputed brand in the stock market to join as a partner, then becoming HDFC Securities Partner can be a thing for you.
It would earn you a good commission on your business generated and massive respect in the industry and popularity.
FAQs on HDFC Securities Franchise Business
Check out all the essential FAQs on HDFC Securities Sub Broker Program –
Who can become an HDFC Securities partner?
Anyone above 21 is interested in investments or is a financial enthusiast, social media influencer, or entrepreneur.
How much do I need to invest in becoming an HDFC Securities sub-broker?
You do not need to make any investment. You do not need to register with SEBI, so there is not even a single penny to be invested in becoming an HDFC Securities sub-broker.
How long does activating the sub-brokers code at HDFC Securities take?
The sub-brokers code is activated within 21 days of the application being approved by the brokerage house.
What is the revenue percentage shared with the partners?
The HDFC Securities franchise owners earn between 20% and 30% from the total revenue generated by their clientele.
What is the payout duration?
It takes 30 days to make the payout for the partners. So, whatever you earn in a month is paid in the next month, after 30 days.
Does HDFC Securities have a referral program?
Yes, there is a referral program as well, which HDFC Securities offer. The HDFC Securities partners get cash rewards against successful referrals under this model.
How much can a referral partner earn?
The referral program partners get Rs. 250 per successful referral. This means the referred person has to open a Demat account with HDFC Securities using the partner’s referral link.
Can I set up an office to become an HDFC Securities franchise?
You can set up an office. However, it is not mandatory to do one. You can do the work from the comfort of your home or anywhere.
Is there a master franchise model of HDFC Securities?
No, at present, there is no master franchise business model that HDFC Securities offer.
Do HDFC Securities offer RM support to its partners?
Yes, HDFC Securities partners get Relationship manager support from the brokerage house. It is one of the primary support the broker offers to generate more leads and higher revenue.