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About Us:
Religare Broking Limited (“the Company”) is a wholly owned subsidiary of Religare Enterprises Limited (“REL”). The Group is into broking business since more than 25 years.
The Company offers Stock, Currency & Commodity Derivatives broking services as well as depository participant services. RBL is a registered as a Stock Broker with Securities and Exchange Board of India (SEBI) and is a member of the National Stock Exchange of India Limited (NSE), Bombay Stock Exchange Limited (BSE), Metropolitan Stock Exchange Limited (MSE), National Commodity & Derivatives Exchange Ltd. (NCDEX), Multi Commodity Exchange of India Ltd. (MCX) and a depository participant with National Security Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL).
The Company provides trading capabilities across all product segments – cash equities, equity derivatives, commodities, currency derivatives and mutual funds on all major stock and commodities exchanges in India. RBL has more than 900 points of presence spanning 400+ towns and cities across the length and breadth of India and it services more than 8.86 lakh unique customers. RBL’s distribution strategy entails a judicious combination of its own branches and a strong network of sub-brokers and franchisees that help extend RBL’s presence and make the Religare brand visible in the far corners of India. The Company provides multi-platform options for trading such as branch, web, mobile app, call & trade to enhance customer convenience and ease.
RBL is also a TIN (Tax Information Network) & PAN (Income Tax Permanent Account Number) facilitation partner of NSDL and offers services relating to PAN, TAN (Tax Deduction and Collection Account Number) and filing of TDS/ TCS (Tax Deduction at Source/ Tax Collection at Source) returns at select branches, to help its customers fulfil their financial service needs under a single roof. RBL is also empanelled with E-mudra as Registering Authority/ Agent for issuance of Digital Signature Certificate and is a AMFI-registered mutual fund distributor.
The Company is also registered with Insurance Regulatory Development Authority of India (IRDA) as Corporate Agent for distribution of insurance products, registered with Pension Fund Regulatory and Development Authority (PFRDA) to act as Point of Presence (PoP) to register the applicants under National.
Operations Commenced On 2000
Franchise Commenced On 2001
Investment INR 10000 - 50000
Franchise/Brand Fee INR 000
Royalty/Commission 90 %
Anticipated percentage return on investment 90 %
Likely pay back period of capital for a Unit Franchise 1-6 Months
Other investment requirements Zero investment
Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttarakhand, Uttar Pradesh
Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana
Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha
Gujarat, Rajasthan, Maharashtra, Goa
Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand
Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu
Type of property required for this franchise opportunity Commercial
Floor area requirement 50 - 100 Sq.ft
Preferred location of unit franchise outlet As per prospect
Detailed operating manuals for franchisees Yes
Franchisee training location Delhi
Is field assistance available for franchisee ? Yes
Expert guidance from Head Office to franchisee in opening the franchise Yes
Current IT systems will be included in the franchise Yes
Do you have a standard franchise agreement? Yes
How long is the franchise term for? Lifetime
Is the term renewable? Yes
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