+ Expand AllBusiness Associates FAQs
-
QWhat are the products and services offered by Kotak Securities through its Business Associates?AProducts offered by Kotak Securities in which its Business Associates can offer are:
- Equities
- Derivatives
- Mutual Funds
- Structured Products
- IPOs
- Third Party Products
-
QWhat is the earning potential of a Kotak Securities Business Associates?AOur association in the business venture will ensure that you maximize your earning potential.
-
QDoes a Business Associates have to be registered with SEBI, NSE & BSE?AYes, to become an authorized Business Associates it is necessary to get registered with the respective stock exchanges and SEBI
-
QWhat are the eligibility criteria for becoming a Business Associate of Kotak Securities?AFollowing are the eligibility criteria for starting as a Business Associate:
- 2-3 years of experience in the broking business, either as a sub/main broker, or as an employee of a main/sub broker.
- Basic qualification required is HSC. In case you don't have basic qualification, you must be a matriculate with minimum 2 years of experience in capital market. Producing certificate would be mandatory.
- Your age at the time of application should be minimum 21 years.
- A minimum Cash deposit of Rs. 3 Lakhs.
-
QWhat are the infrastructure requirements for becoming a Business Associates?AThe infrastructure and financial requirements are:
- Office space of approximately 300 - 500 sq feet, preferably in a prime location of your city/town.
- Computers with ISDN/VSAT connectivity, required for setting up a trading terminal and back-office systems.
-
QCan I represent myself as a Business Associate of Kotak Securities?AKotak Securities believes that even after the association, our Business Associates should have their own identity. Business Associates can represent himself as a Business Associate of Kotak Securities. This can be done by various modes of communications like:
- Glow sign boards
- Co-branded Letterheads
- Co-branded Visiting Cards
- Co-branded Brochures
- Co-branded Banners & other marketing collaterals
-
QDo I have access to research reports published by Kotak Securities and also the opportunity to personally interact with the research analysts?AYes, you have complete access to all types of research reports published by Kotak Securities. We also give you opportunities to personally interact with our research team via conference calls, chats and also research seminars.
-
Q
What kind of marketing support would Business Associates receive from Kotak Securities?
AKotak Securities Business Associates would receive the following Marketing Support:- Marketing Collaterals
- Seminars and Events
- Designing and Execution Support
- Outdoor Signage
- Newsletters
-
Q
Will the employees of Business Associates receive Product Training from Kotak Securities?
AYes, employees of Business Associates will be trained on all the product offerings and consistent assistance will be provided in understanding different aspects across the product line. -
Q
Will the employees of Business Associates receive training on enhancing various skills?
AYes, Kotak Securities initiates various training programs to enhance skill sets of your employees to help them deliver more efficiently. -
Q
I have never been a Business Associate. Will that affect my eligibility?
ANo, we look at the ability of an individual and his experience in the financial markets. We also asses your client base and past track record. -
Q
How should I analyze the performance of my clients?
AKotak Securities has a dedicated section on the website where you can check various data and reports that will help you to analyze and make effective decisions. Some of these reports that you can view in the dedicated section are:- Client-wise brokerage reports for different periods
- Client’s portfolio - This report will help you analyze your client’s profitability
-
Q
Do I have to co-ordinate with different departments in Kotak Securities for my different queries?
ANo, you do not have to approach different departments at Kotak Securities. You can approach our Relationship and Support Desk to solve all your queries.
