Sharekhan Partner or Affiliate Program – Income, Cost, Commission, Returns & more

We are introducing a detailed review of Sharekhan Partner in this article. Read on as we break down its features, special deals, fees, investment costs, and a simple strengths and weaknesses analysis.

We’ll also discuss how one can become a Sharekhan Affiliate. Whether new to investing or experienced, this thorough review will provide the necessary information.

It will help you make informed financial decisions with ease.

Why Partner with Sharekhan?

• By teaming up with Sharekhan, you can make much money.
• Sharekhan Affiliate program promises to pay you on time every month so you can rely on a steady income.
• You don’t have to invest any money or deal with a lot of paperwork to become a Sharekhan partner, making it easy to get started.
• Sharekhan has a team that can assist you and your clients in English, Hindi, and Marathi, which makes it easier to serve more people.
• They provide easy tools to create referral links, and you can track your referrals and payments with a user-friendly dashboard.
• Sharekhan offers an “Assist Package” with advantages you can submit to your clients. This could include trading, investing, research, and more benefits.

You’ll need to pay a one-time security deposit of Rs.10,000 to start. This is like a refundable fee that shows your commitment.

There’s also a one-time Sharekhan Partner cost of Rs.5,000 for exchange fees. This fee might be for accessing financial markets or data.

You won’t have any monthly operational costs. This means you won’t need to set aside money each month for running an office as part of the partnership.

Mentioned below are the specifics of Sharekhan Partner commission rates.

Depending on your partnership performance, you can earn a commission ranging from 20% to 30% of the revenue generated. The more you bring in, the higher your share.

You don’t have to pay anything when acquiring new clients. It’s cost-free to bring in new clients as a partner.

Partners can earn a percentage of the revenue generated by the clients they bring in, and they do not have to incur any costs when acquiring new clients.

Sharekhan Partner Profits or Income

Check out Profits & Expenses forecast of Sharekhan Affiliate Program.

In this case, a Sharekhan partner has a total of 592 clients, and 180 of them are currently using the services.

On average, each client brings in about Rs.1,450 in commission, adding up to a total income of Rs.2,61,000.

The partner’s share of this income, at a 30% rate, is Rs.78,300. The partner brought in 50 new clients during this time, but there were no extra earnings.

After covering expenses of Rs.30,000, the remaining Sharekhan Associate Profit is Rs.48,300, a 19% profit rate. This shows that much of the money earned remained as profit after expenses.

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The Sharekhan Agent offers are written below:

• Commissions are not offered above 30%.
• There is an initial investment or deposit required.
• Partners can access free advisory services.
• Trading isn’t accessible for delivery transactions.
• There are no flat brokerage charges.
• Your first month’s brokerage fees are not waived.
• If your trades result in losses, the brokerage fees are not cancelled.

Sharekhan Associate Program SWOT Analysis

Here is the detailed SWOT Analysis related to the Sharekhan Dealership.

Strengths:

• On average, partners can make a decent monthly income of about Rs. 48,300, which is quite good.
• The initial money you need is reasonable, ranging from Rs. 15,000 to Rs. 45,000.
• They provide free help for finding new clients, which helps grow your business.
• The program has an impressive overall rating of 9.51 out of 10, showing that it’s doing well and people are happy with it.
• In terms of investment, it has a remarkable rating of 9.62 out of 10, indicating it’s considered a great investment opportunity.

Weakness:

• You can earn up to 30% in commissions, making a maximum amount.
• There are no set charges for brokerage, so it’s unpredictable for partners because they might not know how much they’ll pay.
• The program doesn’t allow clients to invest in foreign stocks, so they can’t buy shares from companies in other countries.

Opportunities:

• Sharekhan can benefit by teaching people online and becoming more visible online. This can bring in more clients and partners who want to learn about investing.
• Sharekhan can consider expanding to new regions where they’re not working yet. This could help them get more clients and partners, growing their business.
• Sharekhan can give people more choices for investing, like loans or foreign stocks. This can attract clients who want different investments, and partners can earn more by offering these options.

Threats:

• Sometimes, the stock market can be very uncertain. Partners might make less money if it suddenly goes down a lot because people might not want to invest.
• New or stricter regulations could affect how partners operate and earn commissions. Staying updated with and adapting to these changes is essential to avoid legal issues.
• There are many other companies in this industry, and they also want partners. If these companies offer better deals, Sharekhan might lose clients to them. So, Sharekhan must give excellent service and find ways to stand out.

• Sharekhan assists partners in finding and getting new customers. They provide support and resources to make this process easier.
• Partners receive training to understand the services Sharekhan offers. This helps them explain these services better to clients.
• Sharekhan Affiliate support includes advice on financial products and investments. This helps partners and their clients make informed choices.
• Partners also get support with administrative tasks. This support makes it easier for them to manage their partnership activities.
• Sharekhan helps partners with their marketing efforts. They provide materials and strategies to help partners promote Sharekhan’s services effectively.

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The Sharekhan Partner Program has specific office requirements, which include:

• The office should have an area of 150 to 200 square feet.
• A dealer terminal is needed for trading and financial activities.
• Mobile or telephone services for client communication are mandatory.
• Computers or laptops are essential for managing accounts and transactions.
• A Sharekhan Agent is supposed to install a CCTV system for security purposes.
• A reception area to greet and assist clients.
• A separate manager’s cabin for managerial tasks.
• Recording calls for compliance and record-keeping.
• Optionally, there can be two employees to help with operations.
• Having a separate room for meetings or private talks is also optional.

These office requirements are necessary for efficiently running the Sharekhan Partner Program.

The Sharekhan Partner Dashboard is a beneficial tool for partners. It helps them with a lot of things. They can use it to keep track of their clients and see what’s happening with their money.

Also, if they refer Sharekhan to someone and that person becomes a client, the dashboard shows how much money they earn from it.

It’s like a real-time money counter. Partners can find materials and learn stuff to help them tell more people about Sharekhan.

It’s like having a handy helper to make their Sharekhan partnership better and more accessible.

Sharekhan Affiliate Login

The Sharekhan Affiliate Login is a webpage that partners can use to access their accounts in the Sharekhan Affiliate Program.

Once they log in, they can use different tools and things to help them with their partnership. They can see how many people they’ve referred and how much money they’ve earned.

They can also find materials for promoting Sharekhan and manage their partnerships. This link is like a door that helps partners access their Sharekhan affiliate accounts online.

The Sharekhan Partner Backoffice offers several features to assist associates in managing their partnership:

• Partners use the add leads tool to keep a list of people they want to work with, like potential clients or partners.
• If partners meet people in person or in other ways that aren’t automatically recorded, they can type in those people’s information into the computer system.
• A feature that shows how close each new client is to joining. This helps partners know if they’re about to get new clients.
• They can change or fix information about the people they’re working with. This makes sure everything is correct.
• Partners can make reports that give them helpful information about their coworkers. This helps them plan better.
• They can see a report that lists the people they’ve successfully brought into the program.
• Partners can check a report that shows what their clients are investing in and how well those investments are doing.
• They also get a monthly report showing how much money they’ve earned. This helps them keep track of their income.

Sharekhan Partner Desk is here to help partners with their questions and concerns. You can reach out to them through:

• You can call them at 9620206565 for assistance over the phone.
• You can also email them at [email protected] to get help through email communication.

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To become a Sharekhan Agent, you must meet specific criteria and follow these steps.

1^st Step – Click on the button “Become a Partner”

2^nd Step – Fill up the form with your details like Name, Mobile No., Email & City

3^rd Step – You will receive a call from the Sharekhan Partner Onboarding Team

4^th Step – They will share a link to provide the required documents mentioned below

5^th Step – Aadhaar OTP verification is required to Open your Demat Account

6^th Step – It will take 2 to 3 days for partner onboarding process

7^th Step – You will receive your partner ID & password for the dashboard login

Check the table above & below to know the eligibility & document requirements.

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Sharekhan Affiliate Program – Conclusion

The Sharekhan Affiliate Program offers an excellent chance for folks who want to work in the stock market field.

They offer lots of support, decent earnings, and easy-to-use technology. Whether finding clients, keeping an eye on your progress, or getting help with marketing, this program sets you up for success in the broking business.

They also ensure you learn, follow the rules, and grow your business smartly. It’s an excellent choice for anyone looking to partner in the financial world.

FAQs on Sharekhan Associate Business

Below, we have listed the FAQs related to the Sharekhan Associate Partner.

Is there a Sharekhan Partner Program available?

Sharekhan offers a Partner Program that can earn around Rs. 48,000.

How many partners are currently associated with Sharekhan?

Sharekhan boasts a network of over 2500 partners.

What’s the earning potential for Sharekhan Partners?

Sharekhan Partners can earn up to Rs. 48,300.

How do I go about becoming a Sharekhan Associate Partner?

To become a Sharekhan Associate Partner, meet the eligibility criteria (21+, Indian, graduate), obtain a NISM certificate, and contact Sharekhan. Complete paperwork and training, and start as a partner.

Who exactly are Sharekhan Agents?

Sharekhan Agents collaborate with Sharekhan to promote its financial products and services, secure new clients, and earn commissions in return.

What’s the cost of becoming a Sharekhan Affiliate?

To become a Sharekhan Affiliate, you must invest between Rs. 15,000 – Rs. 45,000.

What’s the commission structure for Sharekhan Associates?

Sharekhan Associates can earn a commission ranging from 20% to 30%.

Do Sharekhan Agents have access to a back-office system?

Yes, Sharekhan agents typically have access to a back-office system to manage client accounts, transactions, and administrative tasks.

Is it necessary to have a Sharekhan Demat Account to become a Partner?

Yes, having a Sharekhan Demat Account is a prerequisite to becoming a partner in the Sharekhan Partner Program.

How can I get in touch with Sharekhan’s Partner Desk?

You can reach Sharekhan’s Partner Customer Support Desk by phone at 9620206565 or [email protected].