The Sub-Broker program offered at the Nirmal Bang Franchise is one of the best franchisors with 3000 franchises across the nation. Their partner association model or the franchisee model was released quite long back, which is why they have an extensive network among sub-brokers. The company follows a single business association model, that is the most simple and basic model with extreme simplicity.
Their association model is more like a partnership model where the sub-broker would enter into a partnership with Nirmal Bang to leverage its services. The revenue ratio of their sub-broker program is 1:1, which means equal, however, it can be a little less or more. They expect the candidate to share his/her expertise and further get the brand to have a wider coverage of the market. Nirmal Bang acknowledges the addition of value and further allows the sub-broker to get the 50% share of the total revenue. Though, it’s not exactly a partnership, although an association.
A partnership deed can be arranged to ensure that the candidate has access to processes, varying modules, other customer service support and back-end facilities. Sub-brokers will also be able to perform analyses on the client reports. Their services and products are extremely wide and reach varying aspects rather than usual stock investments. These include mutual funds, IPO and more. Nirmal Bang is registered with BSE, NSE, BSE & NSE F&O, MCXC, NSEC, MCX, CDSL, NCDEX and BSEC.