SHCIL Services Franchise

The SHCIL Services Franchise program offers a rewarding business opportunity for individuals and businesses looking to enter the stockbroking industry.

As India’s leading brokerage firm, SHCIL Services provides an innovative Sub Broker model, commonly known as the SHCIL Services Partner program, allowing partners to earn attractive commissions by referring clients.

Unlike traditional brokerage franchises, the SHCIL Services Sub Broker model is simple, cost-effective, and highly profitable.

With minimal investment and no requirement for office space, APs can earn brokerage generated by their referred clients.

What are the Business Requirements for SHCIL Services Sub Broker Franchise?

Overall Investment

Rs.58,000 - Rs.76,000

Commission Range

60% - 70%

Avg. Monthly Profit

Approx Rs.55,280

Area in Sq. Ft.

150 - 200 Sq. Ft.

No. of Employees

Minimum 2

Breakeven Time

2 months

Payout Time

30 Days

Total Sub Brokers

500+

Type of Broker

Full service Broker

NISM Certification

Mandatory

How much is SHCIL Services Franchise Cost?

Security Deposit (One Time)

Rs.25,000 - Rs.30,000

Exchange Charges (One Time)

Rs.3000

Office Expenses (Monthly)

Rs.30,000 - Rs.43,000

How much is SHCIL Services Sub Broker Commission & Referral Bonus?

Revenue Sharing

60% - 70%

Referral Bonus

Zero

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What are the Expected Earnings from SHCIL Services Franchise?

Total Clients

520

Active Clients

120

Avg. Commission per Active Client

1,170

Total Brokerage

1,40,400

Sub Broker's Share

98,280

New Client Acquisition

30

Client Acquisition Income

-

Sub Broker's Gross Profit

98,280

Total Expenses

43,000

Sub Broker's Net Profit

55,280

Net Profit Margin

39.37%

Does SHCIL Services offer a Partner Dashboard or App?

App Platform

NA

What is the Eligibility Criteria to Start SHCIL Services Franchise?

Age

18+

Nationality

Indian

Academic Qualification

10+2 n above

NISM Certificate

Mandatory

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What Documents are required to Become a SHCIL Services Sub Broker?

Sub Broker Agreement

Compulsory

Identity Proof - Aadhaar / Passport

Compulsory

Address Proof - Aadhaar / Rental Agreement

Compulsory

PAN

Compulsory

Passport Size Photo

Compulsory

Bank Account Details

Compulsory

Bank Cancelled Cheque

Compulsory

Customer ratings and reviews of SHCIL Services Sub Broker

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