How to become a partner in Samco
How to become a partner in Samco?
Samco is an Indian online discount brokerage firm that offers a wide range of financial services to its clients, including trading and investment in stocks, commodities, currencies, mutual funds, and other financial instruments. The company was founded in 2015 and has quickly become one of the leading discount brokers in India, offering competitive pricing, advanced trading platforms, and a range of other features to its clients.
Samco Partner Program become a partner in a business initiative by Samco Securities, which is designed to offer partnership opportunities to individuals and organizations looking to expand their business by promoting Samco's products and services to their clients. Samco has managed to acquire over 72,000 customers for its Demat account services, which is an impressive feat. The brokerage firm has evidently done a commendable job in attracting a significant customer base in a short span of time.
Samco is registered with major Indian stock exchanges such as NSE, BSE, MCX, and NCDEX, allowing its customers to invest in a diverse range of investment products. With the lowest brokerage charges in the industry, Samco offers affordable investment opportunities to its clients across various financial instruments. As a sub-broker of Samco Securities, you have the opportunity to earn brokerage commission from clients you onboard. In addition to attractive commissions, their partnership program provides access to a range of financial services. This allows you to offer your clients a wider selection of quality products, increasing your chances to earn more commissions as a result.
Step-by-Step Guide on How to Become a Partner with Samco
Samco financial is a leading online discount broker in India that offers trading and investment services to its clients. If you are interested in becoming a partner with Samco, you can follow the below steps:
1. Visit the Samco website and navigate to the "Partner with us" page, or click this link for partnership
2. Choose the partnership program that suits your business model and requirements.
3. Fill out the partnership application form with your personal and business details.
4. Provide any additional information that may be required by Samco, such as your experience in the financial services industry, your existing client base, etc.
5. Submit the application form and wait for Samco's team to review it.
6. If your application is approved, Samco will contact you to discuss the partnership agreement and provide you with the necessary documentation.
7. Review the partnership agreement and sign it if you agree with the terms and conditions.
8. Once the agreement is signed, you will be provided with the necessary resources like the Samco sub-Broker account tool kit, this tool kit contains your login credentials, which can be used for setting up their account. and support to start your partnership with Samco.
Samco Partnership Eligibility
To become a sub-broker with Samco, you need to meet the following eligibility criteria:
1. Age: You must be at least 18 years old.
2. Education: You must have at least a high school diploma or equivalent.
3. Experience: Prior experience in financial services, sales or marketing is preferred, but not mandatory.
4. Registration: You need to be registered with the Securities and Exchange Board of India (SEBI) as a sub-broker or obtain the necessary registration before partnering with Samco.
5. Infrastructure: You must have a dedicated office space with basic infrastructure such as a computer, internet, telephone, and other necessary office equipment.
6. Financial Capability: You should have the necessary financial resources to run your sub-broker business, including initial capital and operating expenses.
Samco Partnership Charges
One of the advantages of partnering with Samco as a partnership is that you are not required to make any security deposit or set up a dedicated office space to start serving your clients. This allows you to minimize your initial investment and focus on building your business by leveraging Samco global resources and services.
To become a partner with Samco, you can enroll by completing the SEBI registration form, by submitting the required information and documents, you can initiate the application process and proceed with further steps to become a registered partner with Samco.
Samco Partnership Charges | |
SEBI Registration Fees | ₹2360 + GST |
Minimum Investment/Security Deposit | NIL |
Infrastructure Cost | NIL |
Required Documents for Samco Partnership
To become a Partnership with Samco, you would typically need to submit the following documents:
• PAN Card
• Aadhaar Card
• Educational Qualification Certificates
• Bank Details
• SEBI Registration Certificate
• Passport Size Photographs
• Experience Certificate
Conclusion
In conclusion, becoming a Partnership with Samco can be a lucrative opportunity for individuals interested in the financial services industry. As a registered Partnership, you can earn attractive commissions by onboarding clients and offering them a range of financial services. Samco's partnership program also offers several benefits, including access to a wide range of investment products and low brokerage charges. While there are certain eligibility criteria and charges involved in becoming a sub-broker with Samco, the company provides a streamlined registration process and comprehensive support to help you build your business.
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