Kotak Securities Franchise or Sub Broker or Partner Business – Cost, Commission & more

The finance industry is growing at a fast pace. Also, finance cum business buffs are showing great interest in the stock market.

With many full-service brokers evolving, the prominence of the sub-brokers is also increasing. Regarding brokerage firms, Kotak Securities Franchise is one of the leaders.

It has over 2000 sub-brokers serving under it. Also, the Kotak Securities Sub Broker program gained popularity due to its varied offerings.

So that many finance buffs can quickly join the firm and start their journey as a sub-broker.

Individuals with decent business knowledge can partner with broking houses like Kotak Securities. It is easy for them to kickstart their careers in the Kotak Securities Partner Business.

An individual can start a business on the go with a small investment of Rs.88,000 to Rs.1,58,000.

Also, by collaborating with the firm, sub-brokers can offer their clients a wide range of services. Moreover, clients can efficiently learn investment skills from the firm.

They can also share their knowledge with clients and help them make smart financial moves. In this article, we will examine the Kotak Securities franchise business.

We must also explore commission, investment cost, profit, ROI, drawbacks, etc. If you aim to become a Kotak Securities Franchise Business Partner, read this article.

Kotak Securities offers lucrative commissions for its sub-brokers. A sub-broker can earn 60% to 70% of the firm’s commission.

The Kotak Securities Sub Broker Commission varies depending on the products. Also, when partnering with a firm, the sub-broker must discuss revenue sharing.

In addition, Kotak Securities offers its partners client acquisition commissions, Rs. 200 for each new client acquired.

A sub-broker of this firm can, thus, earn a decent income through revenue sharing and client acquisition.

Kotak Securities is one of the most affordable brands to partner with as a subbroker. The Kotak Securities Franchise Cost ranges between Rs.50,000 to Rs.1 lakh.

Moreover, it is a one-time security deposit. The individual also has to pay exchange charges of Rs.3000, which are one-time.

Besides, the monthly office expenses account for Rs.35,000 to Rs.55,000. So, with a low investment, anyone interested in the subbroker business can start it.

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Let’s consider a simple example to illustrate the Kotak Securities Subbroker Profits. Suppose your current client base is 700, but only 220 are active clients.

Also, the average commission per active client is Rs. 1,180, so the total brokerage is Rs. 2,59,6900.

Considering Kotak’s revenue sharing of 60%, the sub-broker’s share becomes 1,55,760. If the partner acquires a new client, the acquisition commission is also added to the amount.

So, the gross profit accounts for 1,65,760, including commissions for new clients. We have to subtract the office expenses from the profit.

If the total expenses are Rs.55,000, the sub-brokers’ net profit is Rs. 1,10,760. Finally, the net profit margin is 41.08%.

This is an estimate; the sub-broker can earn more by making the right moves.

One of the major factors that attracts sub-brokers to Kotak Securities is its ROI. Witnessing Kotak Securities Franchise Returns takes three months.

In short, the sub-brokers need not wait longer to receive the returns.

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With the Kotak Securities Franchise Dashboard, sub-brokers can easily access client’s information.

Moreover, the sub-broker can access all the client information from the dashboard. That said, partners can enrol online using ARN and PAN numbers.

However, the online empanelment facility is available only for residents and NRI individuals.

Kotak Securities Partner Dashboard helps the subbrokers maintain their clients’ records. Partners can also keep track of the client’s investments.

Here are some of the features offered to the partners through the dashboard.

• On the dashboard, the partner can find brokerage mapping.
• Also, the partner can find manual brokerage changes on the dashboard.
• Moreover, partners can access leads reports and client acquisition reports.
• Besides, partners can also find client portfolio reports and monthly payout reports.
• The dashboard also contains a lead addition link.
• Furthermore, there is also the option for manual lead addition.
• Partners can also find lead stage info and lead info backend changes on the go.
• Besides all these, there is also an option for lead deletion.

Kotak Securities Sub Broker Login

With the help of the Kotak Securities Sub Broker Login, partners can access the dashboard. They can also access all the features offered.

However, partners will receive their login credentials only after submitting all the necessary documents. For safety purposes, they must keep their login details confidential.

Once logged in, they can view their client information and commissions earned. Please note that only registered partners will receive the login details.

The Kotak Securities Authorised Person should handle office requirements as follows:

• The authorised person must own an office space of 200-300 sq.ft.
• Also, there should be at least 2 employees working under you.
• But reception and manager cabins are optional.
• Mobile phones and dealer terminals are compulsory.
• Call recording is optional.
• Moreover, having laptops or computers in the office is mandatory.
• Lastly, CCTV is mandatory in office spaces.

It is important to meet all these needs to run the business as a Kotak Securities sub-broker.

Kotak Securities Sub Brokership offers excellent support to its partners. Check the kind of support it lends its partners below:

• Firstly, Kotak Securities provides dedicated RM support to its partners.
• The next is product training, where the partners get training on the products.
• The full-service broker lends its helping hand in client acquisition.
• Also, the brokerage house provides dealer training and advisory support.
• Lastly, the partners will also get back-office support and marketing support.
• But there is no support for webinars.

Before joining the guns with Kotak Securities as a subbroker, you must know the Kotak Securities Partner Offers.

• First, Kotak Securities offers its partners about 50% or more commission.
• The partners should invest a small amount to start as a subbroker with the firm.
• Moreover, to help the new partners, the company offers free advisory services.
• However, delivery trading is not offered for free at Kotak Securities.
• Also, there is no place for flat brokerage charges and 1st month free brokerage.
• Most importantly, the firm doesn’t offer zero brokerage on loss-making trades.

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Take a look at the products offered by Kotak Securities Sub Broker Business.

• At Kotak Securities Sub Broker Franchise, clients can access equity, derivatives, commodities, currency, etc.
• Also, clients can buy IPOs/FPOs/NCDs from the partner.
• Moreover, mutual funds, PMS, or PCG are also available from Kotak Securities.
• But, foreign stocks are not available with the firm.
• Besides, Kotak Securities also has insurance and loan products for its clients.

How to Become a Kotak Securities Sub Broker?

To become a Kotak Securities sub broker, individuals must meet the eligibility criteria and submit the required documents.

• Firstly, check the eligibility criteria and confirm whether you meet them.
• Get NISM certification and register with SEBI by submitting the necessary documents.
• Contact Kotak Securities and fill out their application form.
• Submit documents like educational certificates, identity proof, and the SEBI registration number.
• Pay the fee and sign the agreement.
• You will get the ARN code using which you can perform sub-broker services.
• That’s it! You have officially become an authorised person of Kotak Securities.

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Benefits of Kotak Securities Sub Broker Business

Look at the benefits of joining Kotak Securities Sub Brokership business.

• At Kotak Securities, the partners will get high revenue sharing.
• Moreover, the firm uses advanced technology, which helps the partners take care of the clients quickly.
• Kotak Securities has a detailed product range to meet every client’s needs.
• Furthermore, the partners will receive dedicated RM support. It will further help them build strong relationships with clients.
• Above all, Kotak Securities has a great brand name in the market. Partners can easily use this name to attract new clients.

Drawbacks of Kotak Securities Franchise

Like any business, the Kotak Securities Franchise has its drawbacks. While these drawbacks don’t weigh down the firm, they could impact its performance.

• The partners must invest a one-time fee of Rs. 50,000 to Rs. 1 lakh, but many other firms don’t need to invest to join the partner program.
• Sadly, the platform does not support foreign stock exchanges.
• Moreover, Kotak Securities does not have robo-advisory available. This could be a potential drawback for the firm.

Kotak Securities Partner or Sub Broker – Conclusion

Well, the Kotak Securities Partner program is the best choice for those seeking a career in the broking industry.

With the help of the firm’s name, talented partners can grow leaps and bounds in the business.

They can also take the business to the next level through client acquisition, advisory, back office, and marketing support.

Furthermore, the partners can earn good income through the partner program.

FAQs on Kotak Securities Authorised Person

Check out the frequently asked questions below.

Is Kotak Securities Sub Brokership Profitable?

Yes, the Kotak Securities sub-brokership is completely profitable. However, to reap success, the partner should work hard and keep up the good work.

What is the Kotak Securities Sub Broker Commission?

Kotak Securities offers one of the highest commissions to its partners. It provides around 60% to 70% as commission to its partners.

How many sub-brokers does Kotak Securities have?

At present, Kotak Securities has more than 2000 active sub-brokers. The company is expanding fast, and we can expect more sub-brokers to join the firm.

What is the Kotak Securities Franchise Cost?

The Kotak Securities franchise cost includes a security deposit of Rs.50,000 to Rs.1 lakh, exchange charges of Rs.3000, and office expenses of Rs.35,000 to Rs.50,000.

Does Kotak Securities Franchise provide Backoffice?

Yes, Kotak Securities Franchise offers back-office support and other important kinds of support for its partners.

What is the Eligibility for Kotak Securities AP?

To become a Kotak Securities AP, an individual must be at least 18old, an Indian national, and have NISM certification.

How do you close Kotak Securities’ sub-broker business?

The partner must contact Kotak Securities and provide all the necessary details, including the SEBI registration number and sub-broker code.

He must then inform the clients and close the trading accounts linked to the sub-broker business.

How do you convert Kotak Securities Partners to Sub Brokers?

To convert from Kotak Securities partner to sub-broker, the individual must obtain NISM certification and apply for SEBI registration.

Later, he must contact Kotak Securities and submit the necessary documents to start as a sub-broker.

What is the expected income of Kotak Securities AP?

As a Kotak Securities AP, an individual can earn up to Rs.1,10,760. However, the income varies depending on the number of active clients.

Does Kotak Securities Franchise provide Support?

Kotak Securities offers many types of support, including dedicated RM, dealer training, product training, acquisition, and advisory support.