Who can become an authorised person with KBSIL?

Across India anyone can be a KBSIL Authorised Person. Eligibility and qualification criteria include:

• Have an Indian citizenship.
• Must be at least 18 years old.
• A minimum class ‘X’ minimum qualification from a government-recognized organization.
• Shall also have the necessary infrastructure like adequate office space, equipment and manpower to effectively discharge the activities on behalf of the Trading Member.
• Should not have been convicted of any offence involving fraud and dishonesty.

How much does an authorized person earn in India?

Authorised Person can be selected from fixed revenue per client or Brokerage sharing options. Any amount is the limit as far as earnings are concerned, since we have the variety of financial products and customization options for our security market partner.

what are the documents required to become KBSIL authorised person?

• PAN Card
• Cancelled Cheque (that captures the MICR Code)
• Passport Size Photograph
• Aadhaar Card
• Income Proof

how to start an authorised person business?

Please call or WhatsApp 9820198210

how an authorised person can grow his business?

Please call or WhatsApp 9820198210 to know more in details.

what exactly is a commission?

A payment made to a representative or stock broking authorised person for handling a transaction or providing a service, especially: a portion of the funds that is received from the total amount paid to the representative in charge of the referral programs.

what are the terms and conditions for the KBSIL partner program?

Please call or WhatsApp 9820198210 to know more in details.

who is an Authorised Person?

An Authorised Person is an agent of a SEBI-registered stockbroker / intermediary like KBSIL who works for a commission. According to NSE, an authorised person is someone who doesn’t trade themselves but executes trades on behalf of clients.

what does an Authorised Person do?

Authorised Person’s main job is to execute buy and sell trades for clients that will drive business for the stockbroker. That’s why a sub-broker is known to act as a bridge between the stockbroker and clients. They act as an intermediary between the client and the stockbroker.

In exchange, an authorised person will receive a commission that’s generally in the form of profit sharing. At the same time, an authorised person can access the stockbroker’s resources ranging from their stock trading platform to features like APIs.

features of becoming a sub-broker

Becoming a sub-broker has monetary benefits along with ease of access. You get a commission in exchange for bringing new clients to the stockbroker and executing their trades. Here are the benefits of becoming authorised person with KBSIL:

• Commission: Earn commissions in exchange for becoming a sub-broker.
• Dashboard: View all your clients, trades, and more in one dashboard.
• Features: Lightning-fast on-boarding, trade directly from charts, and more.
• Support: Continuous support across channels.

how much do partners earn in a month, when and where will i receive the earnings generated from KBSIL?

• Through AOI-Account Opening Incentive when you successfully refer and on board users
• Through Brokerage Commissions when your referred users’ trade on KBSIL OPES+, you earn. Thus, the more you refer, the more your referrals trade and the more you earn. The referral reward gets credited to your referral ledger by the 30th of every month.

how can I become Authorised Person?

Our approach towards our Business Partner is that of them being a shoulder to share responsibilities in the Mission of “Create Wealth Not Just Money”, an effort through expanding our Brand, Product and Services to the investors as a family member of KBSIL. All that we need from our Business Partners is passion to grow and strong spirit of Entrepreneurship

What is registration fee to become Authorized Person

Rs. 5000/- per segment (plus applicable Goods & Service Tax (GST))