Find out everything about Geojit Franchise today. Geojit Finance is headquartered in Kochi and is a prominent full-service brokerage firm in India.
It also operates in the Gulf Cooperation Council countries. The company caters to a diverse clientele through its network of more than 1500 Geojit Partners.
Aspiring individuals can make handsome earnings through its business model, ranging from 50% to 60% of total commission.
The Refer and Earn program of the brand provides an avenue for additional earnings.
| Brand Summary | |
| Line of Business | Sub Broker |
| Unit / Shop Area | 200 – 300 sq. ft. |
| Commission% / Revenue Sharing | 50% – 70% |
| Total Investment | Rs.30,000 – Rs.55,000 |
| ROI Timeframe | 3 Month |
Why Invest in Geojit Franchise?
The company offers a range of Geojit sub broker benefits.
- 37 years of experience in the Indian capital market
- It is a full-service brokerage house
- Excellent value for money brokerage charges
- Use of state-of-the-art technology for creating bespoke digital trading platforms and other services.
- Backing of substantial shareholders, such as BNP Paribas, Mr. C.J.George, KSIDC (Kerala State Industrial Development Corporation) and Rekha Rakesh Jhunjhunwala
- Wide range of investment and trading products and solutions
- Guidance from certified financial advisors to help sub-brokers
- Multichannel service offered – internet, phone, WhatsApp, telegram or branch
What do you know about Geojit Finance Sub Broker?
| About the Brand | |
| Industry | Finance & Money |
| Business Line | Sub Broker |
| Organization Type | Public |
| Head Office | Kochi |
| Founder | Balakrishnan A |
| Founded In (year) | 2000 |
| No. of Franchise Outlets | 1500+ |
| Master Franchise Model | Available |
| Franchise Tenure | Lifetime |
| Franchise Location | All over India |
| Business Set-Up Time | 1 Month |
| Franchise Commencement Year | 2008 |
Geojit Finance has been operating in the Indian capital market since 2000 and is a public company.
Geojit Sub Broker Program has a network of over 1500 branches and over ₹89,270 crore Assets Under Management and Custody as of 2023.
It has a franchise business model and is headquartered in Kochi. The time required for setting up a franchise business is one month.
The franchise model was started in 2008. The company offers excellent value for money. Geojit also has operations in the Gulf Cooperation Council countries.
How many types of Geojit Franchise Models available?
| Business Models | |
| Sub Broker | 50% – 60% |
| Partner | 20% + Rs.200 per new Client |
| Referral | Rs.250 per new Client |
The stock broker has three business models.
Geojit Sub Broker Model
The Geojit Sub Broker model offers a hefty commission and the freedom to get new clients into the business.
You can earn from the commissions on total brokerage generated from the investments made through the company by the clients you bring.
The commission typically ranges between 50% to 60% of the total brokerage revenue. To become a sub broker, you must invest a franchise fee of ₹25,000.
The infrastructure costs for setting up a branch or a unit is typically ₹30,000. Commission for referral of a new client is ₹250. No franchise fee is charged for referrals.
Geojit Partner Model
As a Geojit Partner, you can earn more than ₹1,00,000 monthly through a revenue-sharing model.
You can earn through commissions on the brokerage generated from the investments your clients make through the company.
It is 25% of total brokerage revenues. You can also get a commission of ₹250 for every new client you bring in.
After you sign up clients through referrals, you can earn a 25% commission for all transactions made by clients who come through your referral.
The incentives significantly increase and add to your income when you can engage more clients.
Geojit Refer and Earn
Under the Geojit Refer and Earn program, every referral brings a commission of ₹250 per new client. Anyone can join or enrol in this program and earn rewards for every successful referral.
This program does not require you to assist the client you referred. Just create your personalised referral link and distribute the link to friends and family over social media such as WhatsApp.
A referral commission will be awarded once the referred person opens a demat or a trading account at Geojit and starts using it.
What is the Geojit Finance Franchise Cost?
| Investment by Franchisee | |
| Sub Broker – Franchise Fee | Rs.25,000 |
| Partner – Franchise Fee | Free |
| Referral – Franchise Fee | Zero |
| Infrastructure Investment | Rs.30,000 |
The Geojit franchise cost includes a franchise fee of ₹25,000. There is no franchise fee for the partner program and the referral program.
It is estimated that the infrastructure cost for setting up a sub-broker office is ₹30,000. However, the other recurring costs depend on the region or the place from where you intend to join.
These can include the cost of the property used to set up an office, salaries, and utility bills.
How much is Geojit Finance Sub Broker Commission?
| Commission% / Revenue Sharing | |
| Sub Broker Commission | 50% – 60% |
| Geojit Commission | 40% – 50% |
| Partner Commission | 25% + Rs.200 per new Client |
| Geojit Commission |
75%
|
| Referral Commission |
Rs.250 per new Client
|
| Geojit Finance Commission | 100% |
Geojit sub broker commission depends on the program you want to enrol in. A sub-broker’s commission ranges between 50% and 60% of brokerage revenues.
The partner commission is between 40% and 50%. The partner commission is a little less – at 25% of the total brokerage revenue generated.
Partners, however, can earn ₹200 for every new client they bring to the company. In this case, Geojit’s commission is 75%. The referral commission is ₹250 per new client.
Geojit finance commission is 100% of revenues in this case. However, as a sub broker, you can have a fulfilling career at Geojit.
How much you can earn from Geojit Finance Sub Brokership?
| Monthly Revenue | |
| No. of Active Clients | 185 |
| Daily Trades per Clients | 1 |
| Avg. Volume per Trade | 2,50,000 |
| Brokerage per Trade | 0.20% |
| Trading Days in 1 Month | 3 |
| Total Brokerage Revenue | 2,31,250 |
| Sub Broker’s Share (60%) | 1,38,750 |
| Monthly Expenses | |
| Office Rent (Co-working Space) | 15,000 |
| 1 Telecaller Cost | 14,000 |
| 1 Dealer Cost | 18,000 |
| Misc. Expenses | 5,000 |
| Total Cost | 52,000 |
| Monthly Profit | |
| (Revenue – Expenses) | 86,750 |
| Profit Margin | 38% |
Geojit sub broker profits depend on the number of clients you bring into the company and the volume of trade they do.
Assume you have 185 active clients, and the daily trades per client is one. Also, assume that the average volume per trade is at ₹2,50,000 for three trading days a month.
The brokerage per trade is assumed at 0.20% for the company. The total brokerage revenue would be ₹2.31.250.
Now, considering the revenue sharing model for sub-brokers (@60%), the revenue share will be ₹1,38,750 a month.
Assuming that the monthly expenses are ₹52,000, the monthly profit will be ₹86,750 with a profit margin of 38%.
How much you can earn from Geojit Finance Partner Program?
| Monthly Revenue | |
| No. of Active Clients | 185 |
| Daily Trades per Clients | 1 |
| Avg. Volume per Trade | 2,50,000 |
| Brokerage per Trade | 0.20% |
| Trading Days in 1 Month | 3 |
| Total Brokerage Revenue | 2,31,250 |
| Partner’s Share (40%) | 92,500 |
| Monthly Expenses | |
| 1 Telecaller Cost | 15,000 |
| Misc. Expenses | 5,000 |
| Total Cost | 20,000 |
| Monthly Profit | |
| (Revenue – Expenses) | 72,500 |
| Profit Margin | 31% |
Using the same assumptions as for the sub broker program, the total brokerage revenue for the company comes at ₹2.31,250.
However, the percentage share for partners is lower than sub brokers. Consequently, the partner’s share of revenues is also low – at ₹92,500.
On the other hand, however, the monthly expenses are lower than those of sub broker. There is no franchise fee, rent, or recurring costs for maintaining an office set-up.
Telecaller and other miscellaneous expenses should come to about ₹20,000. Hence, the monthly profit or revenue will be ₹72,500 and a profit margin of 31%.
How much time does it take for Geojit Finance Franchise to breakeven?
| ROI Timeframe / Breakeven Time | |
| In Years | 3 Month |
Breakeven for Geojit sub broker returns depends on the number of clients you acquire and the amount of investment in trade the clients make.
You can calculate your breakeven point by considering the franchise security deposit and other recurring monthly expenses.
Considering the price of franchise deposits at Geojit and the revenue sharing mode and comparing it with competitors, the ROI is typically earlier than competitors at 3 months.
Where is Geojit Finance Franchise Dashboard Login Link?
| Dashboard Login | |
| Partner / Sub Broker | Backoffice or Dashboard Login |
The Geojit partner dashboard is allocated to you once you enrol as an associate of the company. The dashboard takes care of all of the essential things to trade.
You can see in real-time what is happening in the market, which can help you to provide real-time advice to your clients and transfer money.
You can manage clients’ accounts and monitor performance. The dashboard also keeps records of trades.
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What is the Geojit Finance Franchise Infrastructure requirement?
| Infrastructure Required | |
| Shop / Unit Area | 100 – 300 sq.ft. |
| Employee Strength | Minimum 2 |
| Research / Advisory | Compulsory |
| Trading Terminals Set-up | Compulsory |
| Telephone Lines | Compulsory |
| Computer / Internet Connectivity | Compulsory |
| Airconditioner | Compulsory |
| CCTV Set-up | Compulsory |
Here are the basic requirements for setting up a Geojit Franchise:
Number of employees: You must hire at least two employees, such as a telecaller. They require adequate qualifications and expertise to help your clients in trading.
Physical infrastructure required for office/branch: You will need office space of between 100 and 300 square feet, which can be your property, rented, or leased.
Other infrastructure:
- Terminals set up for trading
- Computers and screens
- Stable and fast internet connectivity
- Adequate telephone connections
- Air conditioner
- CCTV network for the office premises
You will also need to set up an advisory and research set up.
What is the extent of Support provided by Geojit Finance Partner?
| Support from Brand | |
| Service Pricing | Available |
| Offers | Available |
| Client Interaction Training | Partially Available |
| Relationship Manager Support | Not Available |
| Back-Office Support | Available |
| Trading Support | Available |
| Advisory Support | Available |
| Marketing Support | Partially Available |
| Business Management Software | Available |
| Website Support | Not Available |
| Operation Manual | Available |
| Training Manual | Available |
Geojit sub broker provides a wide range of support to cater to their clients’ needs for investing in the right product. As a brand, Geojit provides the following support:
- Service Pricing
- Offers
- Partial training for interactions with clients
- Back-Office support
- Trading support
- Advisory support
- Partial marketing support
- Business Management Software (BMS)
- Operating manual
- Training Manual
The company does not provide relationship manager support or website support.
What kind of Marketing Support is provided by Geojit Finance Franchise?
| Marketing Support by Brand | |
| Unit Interior & Exterior Ads | Available |
| Local Advertisement | Not Available |
| Digital Marketing | Not Available |
| Television Advertisement | Not Available |
| Prints Advertisement | Not Available |
| Events/Seminars | Not Available |
The brand only provides Geojit authorised persons with unit interior & exterior advertisements.
The company does not offer any other marketing support, such as local advertisements, digital marketing, television and print advertisements, or participation in events and seminars for brand promotions.
This means that the authorised persons of the company will be required to manage their marketing requirements independently if they feel the need to do so.
Does Geojit Finance Sub Broker provide training?
| Training by Brand | |
| Product Information Training | Provided |
| Dealers Training | Provided |
| Service Training | Provided |
Essential training helping Geojit affiliate partners acquire more clients, encourage higher investments, and perform better is provided by Geojit.
The company provides product information training to allow you to offer the right financial product to the right client.
The brand includes dealer training to help you efficiently deal with clients and meet their needs. Additionally, the brand offers service training to enhance your ability to serve clients effectively.
Such training is crucial for you if you are not a trained professional in the field of trading in the capital market.
What are the Products & Services provided to Geojit Finance Sub Brokers?
| Products / Service Offerings | |
| Equity Trading | Available |
| Commodity Trading | Available |
| Currency Trading | Available |
| Options | Available |
| Futures | Available |
| Mutual Funds | Available |
| Banking | NA |
| Insurance | Available |
| Demat Services | Available |
| 3 in 1 Acount | NA |
| IPO Services | Available |
| Stock Recommendations | Available |
| Robo Advisory | NA |
| PMS | Available |
| Exposure or Limit | Available |
| Mobile App | Available |
| Web Trading Platform | Available |
| Trading Terminal | Available |
| Algo Trading Platform | NA |
| Basket Trading | NA |
Geojit franchise owner can sell their clients a variety of financial products. This includes trading in equities, commodities, currency, futures, and options trading.
The company also offers other financial products like mutual funds and insurance products. Geojit also offers franchises to sell demat services to their clients.
Other capital market products franchises can offer their clients include IPO services, stock recommendations, and PMS.
Investing clients can also benefit from exposure or limit services, a company mobile app, a robust web trading platform, trading, and trading terminals.
The brand does not offer an algorithm trading platform and 3 in 1 account. Geojhit does not provide robo advisory and basket trading. The brand does not offer any banking products.
What is the Brokerage offered to Geojit Finance Partners?
| Brokerage Charges | |
| Intraday | 0.030% |
| Delivery | 0.30% |
| Equity Options | Rs.75 per lot |
| Equity Futures | 0.030% |
| Commodity | NA |
| Currency options | Rs.15 per lot |
| Currency Futures | 0.030% |
Geojit Partners get brokerage equal to and, in some cases, more than the industry standards. The brokerage for intraday trading is 0.030%, and that for delivery is 0.30% of trade value.
Equity options and equity futures brokerage are fixed at ₹75 per lot for trading on behalf of their clients.
Currency options also have a fixed brokerage of ₹15 per lot, while currency futures brokerage is 0.030%. There are no brokerage charges for commodity trading.
How to Become a Geojit Sub Broker?
The documents needed to become a Geojit Sub Broker include:
- Franchise Agreement
- Copy of Aadhaar of proprietor
- Proprietor’s photo
- PAN copy of the proprietor or business
- TAN copy op business
- GST registration certificate
- Address proof of the proprietor or business
- Address Proof of the business unit/shop
- NOC for the unit
To become a sub-broker, you have to follow the following steps:
- You have to fill out the lead form
- You will need to respond to a call from the company to confirm your interest
- You will need to arrange a physical meeting with the sales representative of the company after receiving a call from the company
- Set up a meeting date with a company salesperson to have a detailed discussion of the prospects
- You will need to make the original security deposit in full as well as supply all the required documents to the company for verification
- Your documents will be verified
- After validating the documents, Geojit will give you an account ID for the sub-broker
What is the Eligibility Criteria to start Geojit Finance Franchise?
| Franchisee Qualification | |
| Age Limit | 21 years & above |
| Business Experience | Optional |
| Academic Qualification | No Restriction |
Which documents are required to become Geojit Finance Sub Broker?
| Documents Required | |
| Franchise Agreement | Required |
| Proprietor Aadhaar Copy | Required |
| Proprietor Photo | Required |
| Proprietor / Business PAN Copy | Required |
| Business TAN Copy | Required |
| GST Registration Certificate | Required |
| Proprietor / Business Address Proof | Required |
| Unit / Shop Address Proof | Required |
| NOC of Unit / Shop | Required |
Is Geojit Finance Franchise good for you?
| Franchise Ratings | |
| Revenue Sharing | 7.58 / 10 |
| Franchise Fee & Infra Investment | 7.48 / 10 |
| Support & Training | 7.26 / 10 |
| ROI Timeframe | 7.36 / 10 |
| Brand Value | 7.32 / 10 |
| Overall Ratings | 7.40 / 10 |
What are the Drawbacks of Geojit Franchise?
Despite the numerous benefits you can derive from being a part of Geojit, like any other brokerage house, it also has some cons. The Geojit franchise drawbacks are:
- Virtually no support in marketing except for interior and exterior advertisements
- One could feel that the revenue-sharing opportunities of some of the competitors can be better
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Geojit Partner Program – Conclusion
The Geojit partner program can help you to make a handsome income from commissions and client referrals. With commissions ranging from 50% to 60% for sub brokers and 20%.
For partners, the partner program at Geojit offers excellent career opportunities in the finance industry. The low investment required means you will break even quickly.
The company’s extensive experience in the Indian capital market is also an excellent opportunity for you to make it big through sub broking.
FAQs on Geojit Franchise Business
Check out various FAQs related to the Geojit Sub Broker Franchise Business.
Does Geojit have a Sub Broker Model?
Yes, Geojit offers clients services like bonds, currencies, and stocks. The sub-broker model provides high-profit margins, too.
Does Geojit have multiple Franchise models?
Yes, apart from sub broker model, it also has the partner model and refer and earn model.
What is the Geojit Sub Broker Commission?
Geojit’s sub broker commission ranges between 50% and 60%. You can also earn ₹250 per client through the refer and earn program.
How much Geojit Franchise Cost?
The Geojit franchise cost includes a franchise fee of ₹25,000, and infrastructure costs amount to about ₹30,000, depending on your location.
Does Geojit have a Partner Program?
Yes, Geojit has a partner program with a revenue-sharing model of 20% of total brokerage revenues.
What is Geojit Partners Sharing?
This entails splitting a percentage of the business’s money from trading brokerage. It may account for up to 60% of brokerage.
Is the Geojit Partner Program Free?
Yes, enrolling in the Geojit partner program requires no commission fee. You will have to bear some recurring costs, such as those of a telecaller.
Does Geojit provide Training Assistance?
Yes, training assistance is provided by Geojit in product information, dealer training, and service training.
How to Become a Geojit Sub Broker?
It starts with you expressing interest in becoming a sub-broker and includes document filing and verification and paying franchise fees.
Does Geojit Franchise provide Support?
Geojit provides a range of support to its sub-brokers, from service pricing, offers, and back-office support to advisory support, partial marketing support, and Business Management Software.
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