How to become a partner with Kotak Securities
To qualify as a sub-broker for Kotak Securities, a minimum deposit of Rs 3,00,00 (flexible) is required, along with a 300-square-foot office . The office location should ideally be prime, equipped with computers featuring ISDN and SAT connections for optimal performance and connectivity and customer experience
- Key Features of Kotak Securities Sub Broker Program:
- Primary Business Model: Sub Broker
- Minimum Initial Investment: Rs.20,000 – Rs.2,00,000
- Revenue Sharing Range: 50% – 70%
- Payout Duration: 35 Days
- Activation Time for SB Code: 21 Days
Types of partnership models available in the Kotak franchise
| Partnership Model | Description |
|---|---|
| Franchisee | Join as a sub-broker to leverage the Kotak Advantage. |
| E-Franchisee | Embrace the digital business surge by becoming a Kotak Securities E-Franchise. |
| Direct Sales Agent | If you are a Kotak Securities client or have a client database, consider being a DSA. |
| Referral Coordinator | Utilize your network of prospects effectively by becoming a Referral Coordinator for Kotak. |
Process to Become A Franchisee With Kotak Securities
Steps to Become a Kotak Securities Franchise:
Meet the Eligibility Criteria:
three years of stockbroking experience National Institute of Securities Markets (NISM) certificate Register with SEBI
Choose Your Business Model:
sub-agent, coordinator, or franchisee Each model has different requirements
Get Registered:
Register your business with Kotak Securities Ensure compliance with regulatory requirements
Initial Deposit and Setup:
Make an initial deposit of Rs 3 lakh at Kotak Securities Set up a functional office space with internet connectivity based on various criterion
Training and Support:
Attend regular training sessions and workshops provided by Kotak Securities
Market Research and Tools:
Access up-to-date market research reports published by Kotak SecuritiesUtilize technology-backed trading platforms for seamless order placement
Client Acquisition and Onboarding:
Build your client list , Receive regular training
Execution and Commission:
- Share the brokerage commission with Kotak Securities, as defined in the revenue-sharing agreement
Ongoing Support and Guidance:
comprehensive support added advantage their decades of experience in the stock broking franchise sector
Why Partner With Kotak Securities for Franchise?
Why Partner With Kotak Securities for Franchise?
Pan-India Presence:
Spread across 450 locations in India, Kotak Securities has a strong presence in the country
Reliable and Steady:
Kotak Securities is well-respected in the investor community, offering financial stability
Market Leader:
Kotak Securities has been pioneers in the Indian financial environment
Comprehensive Product Suite:
wide selection of asset classes, including equities, derivatives, mutual funds, structured products
Robust Technology:
Kotak Securities provides a range of tools and software like terminals for both online and offline clients an back-office system
Accredited Research:
Access to their extensive research resources, including in-depth reports, direct interaction with researchers
Other companies similar to Kotak Securities in the franchise sector include:
- Axis Direct Franchise
- Religare Securities Franchise
- Indiabulls Ventures Franchise
- 5Paisa Franchise
- SBICap Securities Franchise
- JM Financial Franchise
- Upstox Franchise
- India Infoline Franchise
- Reliance Smart Money Franchise
Comparison and benefits of taking Kotak Securities franchise as compared to Other Franchise
| Benefits | Kotak Securities Franchise | Other Similar Companies |
|---|---|---|
| Start Rated Brand | Kotak Securities, a well-established and highly esteemed brokerage firm in India, boasts a robust brand image that has the potential to draw in a larger clientele. | |
| Wide Range of Products and Services | Kotak Securities offers a diverse range of financial products and services, including equities, derivatives, mutual funds, IPOs, and more, providing a comprehensive solution for clients. | Limited offering |
| Lucrative Revenue Sharing | Kotak Securities offers a lucrative share of revenue against low investment .Channel Partners Growth | Lower revenue sharing |
| Relaxed Eligibility Criteria | Kotak Securities has relaxed eligibility criteria | stricter eligibility criteria, |
| Strong Support System | strong support in terms of technical assistance, research, and training, | limited support, potentially hindering partner success. |
| Robust Technology | Kotak Securities offers robust technology tools and software to simplify operations, | may not offer the same level of technological support, impacting operational efficiency. |
SUPPORT PLATFORMS provided By KOTAK Securities
- ODIN : A lightweight trading terminal that provides a seamless trading experience with real-time market data and advanced charting tools.
- Kotak Wave: A web-based trading platform that offers a user-friendly interface, real-time market data, and advanced analytics for informed investment decisions.
- NEST Trading Terminal: A professional trading terminal that provides advanced features such as algorithmic trading, strategy builder, and real-time market data for active traders.
- Website: Kotak Securities’ official website that provides access to various financial products, market information, and research reports.
- Trade Smart Terminal: A trading terminal that offers a range of features such as real-time market data, advanced charting tools, and customizable dashboards for traders.
- Neo App: A mobile trading app that provides on-the-go access to trading, investment, and market information, along with features such as biometric login and personalized watchlists.
- Greek Soft: A risk management tool that helps traders and investors to manage their risk exposure and make informed investment decisions.
Steps to Get Sub broker License with Kotak Securities
To get a Sub-broker license with Kotak Securities, follow these simple steps:
- Check Kotak Securities and click Sub-broker section.
- Completely Fill Sub-broker application form
- Submit all the documents like identity proof, address proof, SEBI registration certificate, degree copy, relevant certificates.
- eligibility criteria specified by Kotak Securities.
- Complete the registration process with SEBI
- 300-square-foot office space which has ISDN or SAT connections.
- Attend any training or seminars
- start journey as a Sub-broker with Kotak Securities.
