Sharekhan Franchise or Sub Broker or Partner – Find Profit, Commission, Cost & more

Sharekhan is one of the most popular names in the stock broking industry. It has been years since Sharekhan has been in the market, offering multiple trading and investment services. It is considered a big thing to become Sharekhan Franchise.

If you are looking for all the details of the Sharekhan Sub Broker opportunity, you have landed on the right page.

This article will help you understand how you can join as a sub-broker of Sharekhan. The article will also guide you about the eligibility criteria and infrastructure requirements.

You will get a clear idea of how much you have to invest and how much you can earn. So, this article will be a one-stop for all your information regarding partnership opportunities with Sharekhan.

Sharekhan Partner Program has been one of the highly rated and reviewed programs. The partners who are associated with the brokerage house are satisfied with the products offered by the broker.

Revenue sharing is also something that partners are satisfied with. Sharekhan offers excellent support to promote the partners.

All these made Sharekhan one of the most popular brokerage houses amongst the partners and clients.

Sharekhan is one of the oldest brokers in the industry. It was established in 2000 by Jaideep Arora.

It started rolling out business opportunities where you can become Sharekhan Sub Broker in 2005.

The head office of the brokerage house is in Mumbai, and it is a privately held organization. There are more than 7000 partners of Sharekhan across the country.

Sharekhan Franchise Program – Business Models

There are 4 business models which Sharekhan offer for partnering with them. Here are the details of all three models –

Sharekhan Power Broker or Sub Broker

The Sharekhan Sub Broker business model is named Power Broker by the brokerage house.

As a power broker, you will have the capacity and duties to acquire clients and help them with their trading requirements online.

You can have your own office where you can deal with your clients. As a power broker, you can offer all the products and services of Sharekhan to your clientele.

You can opt for this model if you are already in the business as a sub-broker, financial advisor, or distributor.

With your vast clientele, you can earn a high revenue share. As a power broker, one can offer personalized services to HNI clients with complete support from Sharekhan.

This will help get HNI clients and help generate huge revenue. There are dedicated RMs for all the power brokers and many other facilities.

Sharekhan Partner Program or Remisier

Sharekhan offers Remisier a model for partnership opportunities. One can refer clients to Sharekhan and earn a commission on the same.

This business model is also for those who already have a good client base in the financial sector, especially HNIs.

Sharekhan IFA

Independent Financial Advisor is another business model offered by Sharekhan. You can sell mutual funds by opting for this model.

This is a mutual fund distributorship model. As a mutual fund distributor, you can leverage business with the brand Sharekhan.

This model suits financial advisors already in a mutual fund distribution network.

Sharekhan Refer & Earn Program

While the above models are for partners, a referral program is also available for the clients. As a client, you can refer anyone to Sharekhan.

If the referred person opens a Sharekhan account, you get Rs.400 into your account. The referee has to open the account and place a trade within the same month. Then only you will receive the reward.

The person you refer will get a free account opening facility with Sharekhan. There will be free research and advisory facilities for the client.

There will be free 1-year access to the trading terminal “TradeTiger” and the Sharekhan classroom, and many more facilities.

The Sharekhan Franchise Cost is Rs.70,000 for Sub Broker Business, but the broker provides multiple business models & for each business model, fees are given below –

Power Broker: The cost or investment required for this model comes in two parts. One is the franchise fee, which you must pay to Sharekhan, and the other is the infrastructure requirements.

Sharekhan charges around Rs.70,000 to Rs.1 lakh as a franchise fee. Then to set up your office and employ staff, another Rs.50,000 or more would be required.

So, the total investment required to become a power broker of Sharekhan is between Rs.1 lakh to Rs.2 lakhs.

Remisier: When you opt for the Remisier model, you must pay a nominal cost to the brokerage house. For the Sharekhan Remisier model, the current cost is around Rs.10,000.

IFA: This model offers mutual fund distributorship, and you need to invest around Rs.50,000 in this model to get started.

Now coming to the most crucial part of the partnership opportunity you were looking for, i.e., Sharekhan Sub Broker Commission.

As a Sub Broker, you earn around 60% to 70% of the revenue share. The highest revenue is shared with the sub-brokers as the duties and investments are also higher for sub-brokers.

However, Sharekhan shares quite a high revenue share with the sub-brokers compared to its peers.

Remisiers get around 20% to 30% of the revenue shares, while IFA receives between 40% and 50%.

While the Sharekhan Franchise Returns differ from one business model to another, it takes around 3 months to break even on average.

This means the invested amount gets recovered within 3 months on average. Once the investment is recovered, all the commission you make will be your profit.

This is quite a lucrative business partnership offer that Sharekhan offers with a high ROI.

Sharekhan Sub Broker Profits & Expenses Calculation

Here is the calculation of Sharekhan Sub Broker Profits, Revenue & Expenses.

With Sharekhan Sub Brokership, you can earn upto Rs.1 Lakh profit at a 38% profit margin. This number will go up very easily because this calculation is majorly done on delivery trading.

Profits will add on 20% to 30% more once intraday, futures, and options revenue gets added to this number.

Sharekhan Partner Profits & Expenses

The below table provides a detailed analysis of Sharekhan Partner Program Revenues, Expenses & Profits.

Compared to other Programs, Sharekhan’s Partner Program is not very famous & attractive. There are so many better options available compared to this partner program.

So, if you want to start any business with sharekhan, you should definitely consider its Sub Brokership program.

Become a Sub Broker Now!

Fill Up Your Details

Resend

Submit

Loading...

Thank you for sharing your details, We will connect with you Shortly!

Meanwhile you can Subscribe to one of our "Zero Commission Plans" and we will start connecting you with Best Franchise Brands.

Subscribe Now

There is no Sharekhan Master Franchise business model presently.

The Power Broker business model is the most important business model with the highest revenue-sharing opportunity and investment requirement.

This is a franchise opportunity but not Master Franchise.

For Sharekhan Partner Program, if you are opting for the Power Broker model, you will require –

• An office space of 150 – 200 Sq. Ft. of area
• There must be 2 employees in your office to handle the clients
• Trading terminals, internet connections, and telephone lines must work smoothly, and backup must be arranged for any technical issues. This is to ensure the clients do not have to suffer.
• As a power broker, you also have to offer research and advisory facilities to your clients. Sharekhan will support you in this by providing resources and research reports.
• The office should be fully air-conditioned and under CCTV surveillance.

Check out Business Opportunities with Similar Brands

Angel Broking

Upstox

Zerodha

Groww

Motilal Oswal

Kotak Securities

HDFC Securities

5Paisa

ICICI Direct

IIFL

As a Sharekhan Sub Broker or Remisier, or IFA, you will receive the following support –

• Relationship managers will be offered, and they will be dedicated to taking care of your clients. This will help in acquiring, retaining clients and promoting business.
• There will be back-office support for which business management software will be provided. This will help you track all the clients’ trade, revenue generated, and leads.
• Trading support will be part and parcel of the partnership. You, as a Sharekhan partner, will get continuous trading support.
• Research and advisory support will be readily available through research reports, trading calls, and stock recommendations.
• There will be website support and client interaction training as well.

The market support offered for Sharekhan Franchise Program includes a local advertisement. This helps in building your image in the locality you serve.

Then television advertisements and print advertisements. Moreover, Sharekhan helps you with all your digital marketing needs as well.

They also offer unit exterior and interior marketing facilities to promote the business. Sharekhan is famous for seminars, events, and webinars.

Financial industry experts attend all these seminars and events, and you can be a part of these too and invite your clients and potential clients. These events and seminars are great for network building.

You will get product information trading as a Sharekhan Sub Broker. This will help you understand the products and services of Sharekhan.

This is crucial for every partner as it will help their pitch before clients. Then there is also dealers’ training and service training for the sub-brokers.

If you are a Sharekhan Business Partner, you will have a full range of products to offer your clients. Sharekhan offers equity trading in both the delivery and intraday segments.

This means you can get day traders as well as investors and all kinds of clients. Then there is a commodity trading facility, currencies, futures & options. So, you can offer your client all the investment instruments they can trade on.

Apart from these regular trading and investment instruments, Sharekhan also offers mutual funds and insurance products. If your clients need IPO services, there is a full-fledged segment for IPO investments.

Sharekhan also offers stock recommendations and other advisory and research services. This will help you offer your clients the same.

There is a margin trading facility as well. You can offer your clients one of the best trading terminals – TradeTiger, mobile platforms, and web-based platforms.

Sharekhan also offers portfolio management services and basket trading services.

Check out Business Opportunities with Similar Brands

Tradebulls

Anand Rathi

Ventura Securities

Nirmal Bang

SMC Global

Geojit

Choice Broking

SBI Securities

Axis Direct

NJ Wealth

The revenue per customer as Sharekhan Franchise that one can earn depends on the volume of trade the customer does.

Sharekhan charges 0.1% for intraday trading, equity futures, commodities, and currency futures. While for delivery trades, the brokerage is 0.5%, and for equity options, it is Rs.100 per lot. For the currency options, your client will only pay Rs. 30 per lot.

So, if your client does intraday trading worth Rs.10,00,000, then the brokerage he has to pay is Rs.1,000.

Now, you will receive a share of your revenue per your business model and agreements.

To become eligible for Sharekhan Affiliate Program, you will have to be –

• At least 21 years of age
• You must be a graduate of a recognized university
• If you are applying for the Sub-brokership program, business experience is mandatory as well

Become a Sub Broker Now!

Fill Up Your Details

Resend

Submit

Loading...

Thank you for sharing your details, We will connect with you Shortly!

Meanwhile you can Subscribe to one of our "Zero Commission Plans" and we will start connecting you with Best Franchise Brands.

Subscribe Now

When you apply for Sharekhan Affiliate Program, you must keep the following documents handy.

• Copy of PAN of the proprietor or the business entity
• Copy of TAN of the business if applicable
• GST registration certificate copy
• Copy of AADHAAR Card of the proprietor
• Address proof of the proprietor and the office space
• Photograph of the proprietor
• NOC for the office space address, if applicable
• Franchise agreement form

Sharekhan Sub Broker or Franchise Dashboard

Once you become a partner of the brokerage house, Sharekhan Sub Broker Dashboard will be provided to you. This Dashboard is also known as Sharekhan CIS or Sharekhan Eternity.

This is the business management software the back-office team will offer to maintain all records and track clients’ revenue and other leads.

You will see how much revenue this month has generated on this platform. There will be other segments for leads and client conversion.

This software will help you get the offers that Sharekhan provides to its partners. You will see how many leads open accounts with Sharekhan on this portal.

With the revenue details from each client, you will be able to see how much revenue you will get for the month.

Sharekhan Partner Login or Sharekhan Franchise Login

Sharekhan Franchise Login credentials will be shared with you once your partners’ account is live.

You will have to use the same credentials to log in to the partner’s account, and then you can use the portal discussed in the above paragraph.

You can also change the id and password by going to the settings.

Sharekhan Partner Program Benefits

Becoming a Sharekhan Sub Broker is like a dream for many financial advisors and sub-brokers. Here is the long list of benefits that you will be able to enjoy as a partner of Sharekhan –

• Sharekhan offers one of the best support to its partners in the stock broking industry. Whether marketing or trading support, you will get the best possible help from the broker.
• There are multiple exclusive offers that Sharekhan comes up with from time to time. You can enjoy these offers and forward them to your clients to acquire or retain them.
• There is a dedicated research and advisory team of Sharekhan. They are always researching the best opportunities in the market for all the clients. You can have these research services and offer them to your clients.
• Sharekhan is a brand in the stock broking industry. With the name Sharekhan by your side, you can get more clients than other stock broking partners.
• You can also enroll in any of the three business models per your eligibility, business goals, and investment budget.
• Sharekhan provides multiple facilities for online learning on the stock market. They conduct various seminars to help you network with more potential clients and people.
• Last but not least, you can earn one of the highest revenue shares in this industry with a nominal investment.

Sharekhan Franchise Drawbacks

While everything is perfect about Sharekhan Franchise, one drawback about the brokerage house is that the brokerage charges levies are pretty high compared to other brokerage houses.

Sharekhan Sub Broker Program – Conclusion

So, if you are considering becoming a Sharekhan Sub Broker, this is the time to start applying. A huge opportunity awaits you as a partner of this esteemed brokerage house.

From a wide variety of products and services, as a partner, you will receive strong support and exclusive offers to grow your business along with Sharekhan.

FAQs on Sharekhan Franchise Business

Check out various FAQs on Sharekhan Sub Broker Franchise here –

Who can partner with Sharekhan?

Sharekhan offers three partnership opportunities – Power Broker, Remisier, and IFA. All the people who enroll under any of these three business models can become partners of Sharekhan.

Is Sharekhan registered with SEBI?

Yes, SEBI is one of the oldest and most reputed brokerage houses. Sharekhan has been registered with SEBI since its inception in 2000.

What is the Sharekhan franchise?

The power broker business model of Sharekhan is a franchise model. You must set up your office space and employ people like in franchises.

You will get the highest revenue share of up to 80% under this business model. However, it is not a market franchise.

How much can the Sharekhan sub-broker earn?

As a sub-broker or Power Broker of Sharekhan, you can earn up to a whopping 70% of the revenue generated by your clientele every month.

Is becoming a Sharekhan sub-broker good for my career?

If you are already into financial advisory services, mutual fund distribution, or similar roles, becoming a Sharekhan partner can boost your career.

How can I become a sub-broker of Sharekhan?

You need to apply by visiting the Sharekhan website. You will have to fill out the application form and submit documents. They will verify and approve your account on proper verification.

How much Sharekhan Remisier earn per month?

As a Remisier, you can earn up to 40% of the revenue generated by your client. So, if your clientele pays a total brokerage of Rs.1,00,000 monthly to Sharekhan, you can earn up to Rs.40,000.

Can I get relationship manager support as a partner of Sharekhan?

Yes, Sharekhan offers a relationship manager to every partner of the brokerage house. You will get the same for handling your clientele as well.

What are the commissions Sharekhan offers to its partners?

The commission Sharekhan offers differs as per business models. You will earn around 60% to 70% as a Power broker, 40% to 50% as an IFA, and 20% to 30% as a Remisier.

Is there a referral program for Sharekhan?

Yes, there is refer & earn program of Sharekhan. If you refer anyone to Sharekhan and the person opens an account with the broker and trades within the same month of account opening, you will receive Rs.400 flat in your bank account linked to Sharekhan.