Business Partner Eligibility

Your Eligibility Criteria: –

  1. The applicant is not less than 21 years of age.
  2. The applicant has not been convicted of any offence involving fraud or dishonesty
  3. Applicant must have approved commercial space of minimum 300 Sq. Ft. at an upcoming and well connected location.
  4. Should have a 12 passing certificate (minimum requirement by SEBI to be a registered sub-broker)
  5. In addition to the 100,000 as a security deposit the applicant must have sufficient amount of working capital till the time the business starts generating sales. The Working Capital requirement will be around 3-5.5 L, as per the requirements of the Partner.
  6. Should have required infrastructure in the office to run the business (i.e. Two Computers, Online UPS min. 2KVA, Voice Recording System, Scanner & Printer and Broad band Internet connection)
  7. Have to do registration with SEBI as a sub broker / AP by paying appropriate fees as applicable.

The Business Partner will be required to Deposit the security amount which will be refunded to him/her in case he/she decides to wind up the business.
We have 6 segments for which the Business Partner has to deposit Rs 1,00,000/-. The segments are NSE, BSE, NSE F&O, MCX, NCDEX & NSECDs.