HDFC Securities Franchise

Introduction

The word Authorized Person means any officer of the Fund and any other authorized person by the Fund who gives Oral or Written Instructions on the behalf of Fund. An Authorized Person's scope of authority can be limited by setting up any such limitation in a written document getting signed by both parties here.

HDFC Securities Franchise is growing at a very good pace in recent years. The banking broker deals with all kinds of equity, derivatives, futures, and options trading facilities for all the traders as well as investors all over India on behalf of the HDFC Group. HDFC Securities is an eminent full-service brokerage house in India backed by any widely renowned conventional private sector banking facility, HDFC Securities Sub Broker has been doing impressive in the previous years and has already built a strong network of two hundred and fifty branches across India in just nineteen years.

Description

HDFC Securities Sub Broker or HDFC Securities Authorized Person-

The sub-broker business model at HDFC Securities Broking Franchise is another initiative by HDFC to expand the business partners and comparatively requires a lot less investment.

Frankly speaking, the required fee to become a sub-broker of HDFC Securities Broking Sub Broker varies between one to two lakhs.

Some benefits of an HDFC Securities Sub Broker-

a. HDFC Securities is a top service brokerage house that is backed by the banking giant HDFC Group. Being an HDFC Securities Sub Broker guarantees the easy trust of clients and better business opportunities.

b. The investment required to become a sub-broker of the company is a lot less comparatively than that of owning a master franchise.

c. The concerned company helps you with the periodic marketing activities, thus ensuring you get even more clients to interact with.

d. Unlike a basic broker of the company, HDFC Securities Sub Broker has extended its reach and availability in the offline market, thus it attracts the attention of the local clients.

About The sub-broker Security Deposit

By the HDFC Securities Franchise, the basic deposit required to own a Master Franchise varies between 3 lakh rupees to 5 lakh rupees, while that for owning the rights to a sub brokerage firm varies in a range between 1 lakh to 2 lakh rupees. The deposit in both cases can be refundable and can be re-acquired at the time of giving up the rights to the same.

Sometimes, there are a few hidden charges that the Master Franchise or Sub Broker owners are supposed to pay in terms of various registration procedures and certification fees that are a must to fulfill the registration criteria of the company.

Conclusion

HDFC Securities has been garnering a plethora of versatile clients from across the country with the help of their amazing customer care support and superb remote-based trading platforms for nearly two decades.

Being a full-service brokerage house backed by several years of experience in conventional banking services and products gives the company an edge over its other competitors. This makes The HDFC security franchise to be the perfect match for becoming your trading and brokerage-related business partner.