Geojit Sub Broker or Franchise – Cost, Commission, Profits, Support & more

Know everything about Geojit Sub Broker Franchise here.

Geojit, headquartered in Kochi and founded by C J George, is a prominent full-service brokerage firm in India and the Gulf Cooperation Council countries.

With a commitment to comprehensive financial services, Geojit caters to a diverse clientele, offering solutions for stock trading, mutual funds, insurance, and wealth management.

Discover the Geojit Sub Broker Program through our review. We’ll explore its features, benefits, costs, return on investment, offers, and more.

Join us on this informative journey to understand how the Geojit Franchise Program can transform your financial prospects and lead you toward tremendous financial success.

Why Start a Geojit Franchise?

Here are some of the critical points that you should need to know before you start working with Geojit Franchise.

• Geojit is renowned for its long-standing reputation, characterized by transparent business practices.
• Partnering with the Geojit means access to leading technology in the financial industry.
• With lakhs of investors trusting Geojit, your partnership is supported by a solid foundation of credibility.
• Geojit is recognized as one of India’s top investment services companies.
• The firm has a track record of success in financial services.

Here is the information on the Geojit Sub Broker commission.

At Geojit, Sub Brokers get a great deal on commissions. They can earn a significant portion of the money they help make, typically between 50% to 60% of the revenue.

On top of that, for every new client they bring in, they can make an extra Rs.200. It’s a win-win – Sub Brokers get a good share of the earnings and a bonus for getting new clients.

To start a franchise, you will need to manage the following Geojit franchise cost. The security deposit typically ranges from Rs.25,000 to Rs.50,000, a one-time payment.

Exchange charges amount to Rs.3,000 and are also a one-time payment. For monthly office expenses, you should budget between Rs.35,000 to Rs.51,000.

Geojit Finance Sub Broker Franchise Profits & Income

Check out Geojit Finance Franchise Profits & Income here.

The Geojit Sub Broker Franchise can be pretty profitable. With 592 total clients and 155 active clients, earning an average commission of Rs.1,250, the brokerage reaches Rs.1,93,750.

Sub Brokers get 60% of this, which is Rs.1,16,250. On top of this, adding 45 new clients brings an extra Rs.9,000.

After covering expenses of Rs.51,000, the Geojit Sub Broker profit is Rs.74,250, with a solid net profit margin of 37%.

Remember that individual performance and other factors can affect these earnings, but it shows the potential of a Geojit Sub Broker Franchise.

Become a Sub Broker Now!

Fill Up Your Details

Submit

Loading...

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

Geojit Sub Brokership offers fantastic benefits, making it an attractive choice for financial industry professionals.

Firstly, Sub Brokers can earn more than 50% in commissions, allowing them to take home a significant portion of the revenue they help generate.

In addition, Geojit provides the added advantage of free expert advice, ensuring that both Sub Brokers and their clients can make informed and wise investment decisions.

These perks make Geojit’s Sub Brokership a compelling opportunity for those looking to excel in the financial services sector.

Geojit Authorized Person SWOT Analysis

Here is the detailed analysis related to the Geojit Authorized person.

Strengths

• Geojit operates as a full-service broker, providing various financial services and support.
• With a network of over 1500 Geojit-authorized persons, the firm offers a well-established and extensive partnership program.
• Sub Brokers and clients benefit from free advisory services, ensuring informed investment decisions.
• Geojit provides Sub Brokers with a strong commission structure, ranging from 50% to 60%.
• On average, Sub Brokers can expect to earn approximately Rs.74,250 in monthly profits, making it a financially rewarding opportunity.

Weaknesses

• Sub Brokers might have to wait about two months before making a profit, which could concern those who want to see returns on their investment faster.
• Geojit needs dedicated Relationship Managers (RMs) to offer personalized help and guidance to Sub Brokers, which could affect their support level.
• Sub Brokers need help to change or update lead information in the system, which could make it harder for them to handle and nurture potential clients effectively.

Opportunities

• Exploit the expanding interest in investments.
• Collaborate and access a broader client base.
• Offer informed, personalized investment advice to build client trust and grow your business.

Threats

• Economic recessions and global financial crises can lead to reduced investment activity and a decline in client assets, impacting Sub Brokers’ earnings.
• Inadequate infrastructure, technical failures, or errors in execution can result in financial losses and damage Sub Brokers’ reputations.
• Changes in interest rates can influence investment strategies and clients’ profitability, which can impact the revenue and performance of Sub Brokers.

Geojit authorized person support is provided through training programs for dealers to enhance their knowledge and skills in navigating the complex world of financial markets, enabling them to offer superior support to clients.

Additionally, Sub Brokers receive training on Geojit’s diverse range of financial products and services, ensuring they are well-equipped to educate and guide their clients effectively.

Geojit goes a step further by providing advisory support to Sub Brokers, assisting them in delivering expert financial advice to clients and making well-informed investment decisions.

Regarding operational efficiency, Sub Brokers can access valuable back-office support, streamlining administrative tasks for a smoother experience.

While marketing and acquisition support is available, it is limited, implying that Sub Brokers may need to engage in marketing efforts to attract and retain clients.

Check out Business Opportunities with Similar Brands

Angel One Sub Broker

Sharekhan Sub Broker

Motilal Oswal Sub Broker

IIFL Sub Broker

ICICI Direct Sub Broker

Kotak Securities Sub Broker

Zerodha Sub Broker

Upstox Sub Broker

Groww Sub Broker

5Paisa Sub Broker

To start a Geojit franchise, you must meet specific office requirements for smooth operations and a professional setup.

Your office space should be around 100 to 300 square feet, and having at least two employees is essential.

A dealer terminal for trading and communication tools like mobile phones or landlines is necessary. You can choose to use call recording for rule compliance.

Computers or laptops are a must for office tasks and trading. For security and following rules, install CCTV cameras.

While a reception area isn’t compulsory, it can make your office look more professional. You can also decide whether to have a separate manager’s cabin, providing flexibility in your office setup.

The Geojit Sub Broker Dashboard helps client do many essential things. They can see what’s happening in the financial markets right now, so they can make good decisions for their clients.

They use it to manage their clients’ accounts and see how well their clients are doing. The dashboard also helps them follow the rules and keep records of everything.

They can talk to the brokerage firm and their clients using this tool. Simply put, the dashboard makes their work easier and helps them give the best financial advice.

Geojit Franchise Login

The Geojit Franchise Login link is a web address franchisees use to access Geojit’s dashboard. Franchisees use it to go to a secure webpage where they put in their username and password.

Once they’re in, they can do all their work – like taking care of clients, making trades, and checking what’s happening in the stock market.

It’s like the front door to their financial services business with Geojit.

The Geojit Franchise Backoffice Platform provides helpful tools for franchisees to run their financial services business.

These tools let franchisees add potential clients, keep track of how they are doing, see a summary of potential clients, get detailed information about client investments, and check their monthly earnings.

These tools simplify for franchisees to manage clients, keep records, and stay on top of their payments. It helps them work better and more efficiently.

Check out Business Opportunities with Similar Brands

HDFC Securities Sub Broker

SBI Securities Sub Broker

Paytm Money Sub Broker

Axis Direct Sub Broker

Choice Broking Sub Broker

NJ Wealth Sub Broker

Nuvama Sub Broker

Marketwolf Sub Broker

Fyers Sub Broker

Alice Blue Sub Broker

Requirements to become a Geojit Sub Broker.

• You must be at least 21.
• It would help if you were an Indian citizen.
• A graduate degree is required.
• You should have basic computer skills.
• Basic communication skills are necessary.
• It is compulsory to have the NISM (National Institute of Securities Markets) certification.

Become a Sub Broker Now!

Fill Up Your Details

Submit

Loading...

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

Geojit Franchise – Conclusion

In summary, the Geojit Franchise is an excellent chance for those who want to work in the financial services industry.

They have a good reputation, many partners, and lots of help available. This makes it a good place for Sub Brokers to do well and expand their business.

They are known for being open, using new technology, and providing free advice, which makes them even more appealing.

If you’re considering a sub-broking career, Geojit Sub Broker program is a promising option.

FAQs on Geojit Authorized Person

Here is the list of FAQs related to the Geojit Authorized person.

Does Geojit have a model where you can work with them?

Yes, Geojit offers a Sub Brokership model.

How many types of business models does Geojit have?

Geojit has three franchise models: Sub Brokership, Partner program, and Referral and earn model.

How much money can I make working with Geojit?

You can earn up to 50%-60% of the revenue generated at Geojit. Additionally, you may earn Rs. 200 per client acquisition.

What do I need to do to start a business with Geojit?

To start a business with Geojit, you must meet specific requirements, including being 18+, an Indian citizen, a graduate, having primary computer and communication skills, and possessing an NISM certificate.

Once you meet these criteria, you can fill out a form on their website, and their team will guide you through the entire process.

Can I make good money with a Geojit business?

Yes, a Geojit franchise is a profitable business with a profit potential of around 37%.

Who are the people who work with Geojit to provide financial services?

The people who work with Geojit to offer financial services are known as Geojit Sub Brokers.

How much does it cost to start a business with Geojit?

The Geojit franchise cost typically ranges between Rs.63,000 and Rs.1,04,000.

How much do I get paid for working with Geojit?

Geojit Sub Brokers can earn a revenue share of 50%-60% of the revenue generated, and they may also earn Rs.200 for each new client they bring in.

Do I get access to the back office that helps with the business if I work with Geojit?

Yes, Geojit Authorized Persons do get access to the back-office systems.

Do I need a particular account with Geojit to work with them?

To become a Sub Broker with Geojit, a demat account with Geojit is necessary.