Know everything about Standard Chartered Securities Franchise Business Opportunity here.
Standard Chartered Securities is one of the leading brokerage firms in India. This article will provide background information on the Standard Chartered Securities Sub Broker scheme.
We’ll also explore the benefits it can offer to both Sub Brokers and investors.
Standard Chartered Securities Franchise Business Opportunity - Snapshot
Line of Business
Unit / Shop Area
Commission% / Revenue Sharing
Total Investment
ROI Timeframe
Standard Chartered Securities Sub Broker Review & Ratings by FranchiseByte
Revenue Sharing
Franchise Fee & Infra Investment
Support & Training
ROI Timeframe
Brand Value
Overall Ratings
Star Ratings
Overview of Standard Chartered Securities Sub Broker Franchise
Industry
Business Line
Organization Type
Head Office
Founder
Founded In (year)
No. of Franchise Outlets
Master Franchise Model
Franchise Tenure
Franchise Location
Business Set-Up Time
Franchise Commencement Year
The Standard Chartered Securities Partner program is an excellent opportunity for individuals and businesses looking to enter the dynamic world of securities trading.
As a subsidiary of Standard Chartered Bank – India’s most prominent international bank – Standard Chartered Securities (India) Limited (SCSI) has over 25 years of experience in the industry.
The franchise program offers a range of benefits to franchisees, including a lifetime tenure, the ability to open franchises all over India, and a business setup time of just 15 days.
With over 150 franchise outlets and counting, the program has proven a successful model for those looking to partner with a reputable and established company.
SCSI has been serving diverse customer segments, including retail banking, private banking, and corporate banking, making the franchise program an excellent opportunity for entrepreneurs looking to tap into these markets.
Founded in 1858 by R. Srivastava and headquartered in Mumbai, Standard Chartered Securities has a proven track record of success and is a trusted name in India.
Standard Chartered Securities Franchise – Business Models
Find out all about 3 business models of Standard Chartered Securities Franchise.
Business Models | Revenue Sharing |
Sub Broker | 50% – 60% |
Partner | 40% + Rs.300 per new Client |
Refer and Earn | Upto Rs.600 per new Client |
Standard Chartered Securities Sub Broker Model
The Standard Chartered Securities Sub Broker business model allows individuals to earn a competitive revenue sharing rate of 50%-60% based on their performance.
Moreover, this scheme enables people to leverage the company’s extensive network and brand recognition.
This can provide a competitive advantage and help sub-brokers to grow their business more quickly than they might be able to on their own.
Standard Chartered Securities Partner Program
With the Standard Chartered Securities Partner Model, Partners can earn 40% of the revenue generated from their clients and an additional Rs.300 for each new client they bring to the firm.
This business model provides partners with a steady stream of income but also incentivizes them to actively grow their client base, as they can earn additional revenue for each new client they onboard.
Standard Chartered Securities Referral Program
Standard Chartered Securities Refer and Earn model is an excellent way for individuals to earn additional income by referring new clients to the company.
Under this program, individuals can earn up to Rs.600 for each new client they refer to Standard Chartered Securities.
This program is a win-win for both the individual and the company, as it allows the company to expand its client base while allowing the individual to earn additional income.
Standard Chartered Securities Franchise Cost & Fees
Sub Broker - Franchise Fee
Partner - Franchise Fee
Infrastructure Investment
The Standard Chartered Securities franchise program offers individuals the Sub Broker and Partner franchise options.
The Sub Broker program requires a franchise fee of Rs.25,000 – Rs.30,000, while the Partner program has a lower franchise fee of Rs.3,000.
In addition to the franchise fee, individuals interested in becoming a Sub Broker or Partner must make an infrastructure investment of Rs.10,000 – Rs.30,000.
This investment might cover the cost of setting up an office space or acquiring necessary equipment or technology.
Standard Chartered Securities Sub Broker Commission / Revenue Sharing / Royalty
Sub Broker Commission
Stock Broker Commission
Partner Commission
Stock Broker Commission
Referral Commission
Stock Broker Commission
Here’s a summary of the commission structures offered by the Standard Chartered Securities franchise program:
Sub Broker Commission: 50% – 60%
Standard Chartered Securities Partner Commission: 40% of revenue generated from clients + Rs.300 for each new client referred.
Referral Commission: Up to Rs.600 for each new client referred
Standard Chartered Securities Business Partner ROI Details
In Years
The ROI for any franchise program is a long-term investment that requires sustained effort and commitment from the business partner.
The Standard Chartered Securities returns can be expected in 2 months.
Standard Chartered Securities Sub Broker Profits
Know about Standard Chartered Securities Sub Broker Profits, Revenues & more here.
Monthly Revenue | |
No. of Active Clients | 200 |
Daily Trades per Clients | 1 |
Avg. Volume per Trade | 2,40,000 |
Brokerage per Trade | 0.35% |
Trading Days in 1 Month | 1 |
Total Brokerage Revenue | 1,68,000 |
Sub Broker’s Share (75%) | 1,00,800 |
Monthly Expenses | |
Office Rent (Co-working Space) | 12,000 |
1 Telecaller Cost | 14,000 |
1 Dealer Cost | 16,000 |
Misc. Expenses | 3,000 |
Total Cost | 45,000 |
Monthly Profit | |
(Revenue – Expenses) | 55,800 |
Profit Margin | 33% |
Profit margin is calculated as the difference between the revenue earned and the expenses incurred, and it varies based on the business model and industry.
In the context of this firm, the Standard Chartered Securities Sub Broker Profit margin is 33%. This is a decent percentage.
Standard Chartered Securities Partner Profits
Find out all details about Standard Chartered Securities Partner Profits, Expenses, Profit Margin & more here.
Monthly Revenue | |
No. of Active Clients | 200 |
Daily Trades per Clients | 1 |
Avg. Volume per Trade | 2,40,000 |
Brokerage per Trade | 0.35% |
Trading Days in 1 Month | 1 |
Total Brokerage Revenue | 1,68,000 |
Sub Broker’s Share (50%) | 67,200 |
Monthly Expenses | |
1 Telecaller Cost | 14,000 |
Misc. Expenses | 3,000 |
Total Cost | 17,000 |
Monthly Profit | |
(Revenue – Expenses) | 50,200 |
Profit Margin | 30% |
A Standard Chartered Securities Partner profit margin of 30% in the Standard Chartered Securities program offers a viable opportunity for individuals interested in the brokerage business.
It provides a revenue-sharing model for earnings based on performance and client acquisition efforts.
Master Franchise of Standard Chartered Securities - Information
Franchise Fee
Infrastructure Investment
Commission% / Revenue Sharing
Standard Chartered Securities Partner Infrastructure Requirement
Shop / Unit Area
Employee Strength
Research / Advisory
Trading Terminals Set-up
Telephone Lines
Computer / Internet Connectivity
Airconditioner
CCTV Set-up
To become a partner with Standard Chartered Securities franchise, the infrastructure requirement includes a shop area of 150-200 square feet and an employee strength of 1 to 2 people.
Additionally, partners must have internet connectivity and a CCTV setup to ensure the security of their operations.
These requirements provide partners with the necessary physical space and technology to conduct business, manage their client’s investments, and ensure compliance with industry regulations.
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Support extended by Standard Chartered Securities Sub Broker Franchise
Service Pricing
Offers
Client Interaction Training
Relationship Manager Support
Back-Office Support
Trading Support
Advisory Support
Marketing Support
Business Management Software
Website Support
Operation Manual
Training Manual
Standard Chartered Securities Sub Broker program gives plenty of services to their partners, including service pricing and special offers to attract clients.
Partners receive ongoing support from Relationship Managers, Back-Office Support, and Trading Support to ensure smooth operations.
While client interaction training is only occasionally available, partners can access comprehensive operation and training manuals.
Advisory support is also available but may require additional charges. Marketing support is partially available to partners.
Overall, the company provides its partners with a strong suite of resources and support, enabling them to offer quality investment services to their clients.
Franchise of Standard Chartered Securities Sub Broker - Marketing Support
Unit Interior & Exterior Ads
Local Advertisement
Digital Marketing
Television Advertisement
Prints Advertisement
Events/Seminars
Interior, Exterior Ads, and Local Advertisements are the ways in which the firm allocates marketing support to Standard Chartered Securities Authorized Persons.
The marketing support can help them build their brand and attract new clients by providing them with marketing collateral and promotional materials such as brochures, leaflets, etc.
This can help to establish their credibility and promote their services to a broader audience.
It can also help them stay updated with industry trends and changes, enabling them to adapt their marketing strategies as needed to remain competitive.
Training provided by Standard Chartered Securities Partner Program
Product Information Training
Dealers Training
Service Training
The Standard Chartered Securities affiliate partners program offers thorough and detailed training to its partners.
This training covers essential aspects such as product information, dealer training, and service training.
The program aims to equip partners with the comprehensive knowledge and skills necessary to effectively sell and service investment products to their clients.
By providing such training, the company enables its partners to deliver superior investment services to their clients, which enhances their reputation and fosters a growing client base.
Standard Chartered Securities Franchise - Products & Services Offered
Equity Trading
Commodity Trading
Currency Trading
Options
Futures
Mutual Funds
Forex
Banking
Insurance
Demat Services
3 in 1 Acount
IPO Services
Stock Recommendations
Robo Advisory
PMS
Exposure or Limit
Mobile App
Web Trading Platform
Trading Terminal
Algo Trading Platform
Basket Trading
Standard Chartered Securities authorized persons receive several offerings from the firm, enumerated below:
- Currency Trading
- Options
- Insurance
- IPO Services
- Demat Services
- Stock Recommendations
- Exposure
- and more
Currency Trading helps diversify Sub Brokers’ investment portfolios, providing their clients with additional investment options.
Secondly, currency trading is a high-volume and high-liquidity market, offering sub brokers the potential for higher trading volumes and revenue.
Thirdly, by providing currency trading to sub brokers, Standard Chartered Securities can attract more clients and develop its customer base.
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Franchise for Standard Chartered Securities - Revenue per Customer
Intraday
Delivery
Equity Options
Equity Futures
Commodity
Currency options
Currency Futures
Franchisee Qualification required by Standard Chartered Securities Sub Broker
Age Limit
Business Experience
Academic Qualification
Documents Required to Start Standard Chartered Securities Partner Program
Franchise Agreement
Proprietor Aadhaar Copy
Proprietor Photo
Proprietor / Business PAN Copy
Business TAN Copy
GST Registration Certificate
Proprietor / Business Address Proof
Unit / Shop Address Proof
NOC of Unit / Shop
Standard Chartered Securities Sub Broker or Partner Dashboard
Find the link to Standard Chartered Securities Franchise Dashboard here.
Dashboard | |
Sub Broker | Dashboard Link |
The Standard Chartered Securities Partner dashboard is a cutting-edge web-based application created explicitly for the Partners’ convenience.
This comprehensive dashboard allows Partners to efficiently manage their business and client accounts, offering a range of advanced features to enhance the overall experience.
Using the dashboard, Partners can closely monitor their business performance and track sales and revenue.
This powerful tool equips Partners with detailed insights into their business, helping them make informed decisions and manage their operations efficiently.
Standard Chartered Securities Franchise Login
The Standard Chartered Securities Franchise Login page is an online portal developed exclusively for the organization’s franchisees.
This page offers a range of innovative tools and resources that enable franchisees to efficiently manage their business and client accounts from anywhere, anytime.
Standard Chartered Securities Sub Broker Benefits
Here are a few Standard Chartered Securities Sub Broker benefits:
- Competitive intraday rates of just 0.05%, delivery rates of 0.50%, and equity futures rates of 0.05% ensure that partners earn more profits and maximize their returns on investment.
- A rating of 3.68 out of 5 for support and training. This means that partners can receive extensive guidance and assistance from experienced professionals, helping them enhance their knowledge, improve their skills, and confidently grow their businesses.
Standard Chartered Securities Franchise Drawbacks
Although the Standard Chartered Securities franchise drawbacks offer many benefits, it is essential to note that the program does not provide the master franchise model, which could be a drawback for some potential franchise partners.
Ultimately, it is necessary for potential partners to carefully consider their needs and preferences before deciding whether to join the program.
Standard Chartered Securities Partner Program – Conclusion
The Standard Chartered Securities franchise scheme aims to offer simplified investment solutions that provide long-term value to customers.
Franchise partners have access to a range of tools and resources that allow them to transact conveniently, including access to trained specialists and customer care focus.
Additionally, the program provides access to market insights that can help franchise partners make informed investment decisions.
These factors make the Standard Chartered Securities franchise program a reliable and promising opportunity for aspiring Sub Brokers looking to enter the Sub Broking business.
FAQs on Standard Chartered Securities Franchise Business
Find out various FAQs on Standard Chartered Securities Affiliate Partner Program.
Describe the term Authorized Persons?
Sub Brokers are also known as Authorized Persons. They are individuals or entities that act as intermediaries between the clients and the main broker in the securities market.
What is the number of Partners at Standard Chartered Securities?
Standard Chartered Securities has formed partnerships with more than 60 Partners.
Describe the term Referral Agents.
Referral Agents are individuals who refer potential clients to Standard Chartered Securities in exchange for a commission. Here, the commission offered is up to Rs. 600/per successful referral.
What are the procedures to follow for joining the Standard Chartered Securities Franchise?
To join the Standard Chartered Securities franchise, submit the required documents and wait for their employees to verify them.
If the documents are in order, you will be accepted as a member of their franchise.
What percentage of revenue is shared with Partners in the Standard Chartered Securities program?
The percentage of revenue shared by Partners is (40% + Rs. 300) for every client.
What is the minimum age requirement to become a part of the Standard Chartered Securities franchise program?
To become a part of the Standard Chartered Securities franchise program, the minimum age requirement for an individual is 21 years old.
Is it necessary to open a trading account prior to joining the Standard Chartered Securities Sub Broker franchise program?
Possessing a trading account prior to joining the Standard Chartered Securities Sub Broker franchise can be advantageous, but it is not mandatory.
If you do not have an existing trading account, the franchise program aids you in opening one.
What is the minimum investment requirement for joining the Standard Chartered Securities Sub Broker program?
The Standard Chartered Securities Sub Broker model requires a franchise fee contribution ranging from Rs.25,000 to Rs.30,000, along with an infrastructure investment ranging from Rs.10,000 to Rs.30,000 from the Sub Broker.
In what way can a Sub Broker monitor their income while being a part of the Standard Chartered Securities franchise program?
Sub Brokers in the Standard Chartered Securities franchise program can access a dashboard to monitor and track their earnings.
Is the Standard Chartered Securities franchise program a trustworthy option to consider?
Yes, the Standard Chartered Securities franchise program is worth considering and trusting. The firm is a subsidiary of Standard Chartered Bank – India’s most prominent international bank.