Do you aspire to partner with one of the top-rated stockbroking companies in India? If so, among many options, Motilal Oswal Franchise stands out.
Founded in 1987, this brokerage house is the talk of the town. It caters to almost all types of traders and investors. Sub-brokers can use the firm’s extensive product suite to assist a diverse customer base.
So, what are the duties of the Motilal Oswal Sub Broker? Does the partner need to invest something? What are his earnings? Get ready to learn all the answers in this article.
Motilal Oswal Franchise - Business Overview
Total Sub Brokers
Approx. Investment
Commission Range
Avg. Monthly Profit
Breakeven Time
Payout Time
Successfully operating in the industry for over three decades, Motilal Oswal is a trusted brand name in the financial service sector.
You can reach a more significant customer base by partnering with this organisation as a sub-broker. You can also unlock doors to several financial opportunities by catering to diverse clients via the firm’s financial products and services.
Motilal Oswal Partner Business is also supported by experienced professionals, allowing you to focus more on serving investors. You are also offered impressive financial incentives for your consistent efforts.
Therefore, investing in this business model is ideal for those who want to make a name for themselves in the financial industry without taking on much risk.
Motilal Oswal Sub Broker Commission & Referral Bonus
Revenue Sharing
Per Client Acquisition
Motilal Oswal Sub Broker Commission depends on the trading volume they bring to the broker. The higher the trading volume, the more brokerage the firm can earn; thus, the higher the partner’s commission share will be.
Generally, Motilal Oswal shares 60% to 70% of its revenue with the sub-brokers. Furthermore, the company also pays Rs. 150 to its partners when they successfully join a new client with it.
This high percentage of revenue share and client acquisition reward empowers them to earn more by getting more clients and serving them efficiently.
Motilal Oswal Franchise Cost, Exchange Charges & Office Expenses
Security Deposit (One Time)
Exchange Charges (One Time)
Office Expenses (Monthly)
Becoming a part of this long-standing, full-service broker by commencing a business can cost you reasonably more. Motilal Oswal Franchise Cost typically starts from 1,43,000 lakh INR and can go as high as 2,68,000 lakh INR.
The firm demands a relatively higher security deposit, i.e., 1 lakh to 2 lakhs, depending on the sub-broker’s capabilities and business scale. However, the relief is that you must incur this expense only once.
Other than that, your on-time exchange charges can cost you Rs. 3,000. When spending on office infrastructure or recruitment, expect your monthly expenses to be 40k to 65k Rupees.
Remember that the more you invest, the better support and higher returns you can secure.
Motilal Oswal Partner Program - Expected Profits & Income
Total Clients
Active Clients
Avg. Commission per Active Client
Total Brokerage
Sub Broker's Share
New Client Acquisition
Client Acquisition Income
Sub Broker's Gross Profit
Total Expenses
Sub Broker's Net Profit
Net Profit Margin
You might be curious to know about the Motilal Oswal Sub Broker Profits. Here is the overview of what your profits could be:
Let’s imagine your clientele consists of 559 clients. However, not all trade or invest consistently, except 225 clients. And on average, the commission of each of the 225 clients is Rs.1,650.
So, their trading enables the firm to earn 3,71,250 Rupees as a brokerage. If a sub-broker is entitled to a 60% share in this brokerage, they will earn 2,22,750.
Now, 50 more new clients have made an account with the firm. This means you will receive client acquisition income, i.e., 7,500 INR. Your gross profit will be 2,30,250.
However, due to expenses of 65,000 INR, your net profit becomes 1,65,250 INR. Hence, it can be deduced that your net profit margin will be 44.51%.
Motilal Oswal Franchise ROI or Breakeven
In Months
What is the exact timeline for getting your Motilal Oswal Franchise Returns?
There’s no exact timeline. With varying investment amounts and commission structure, breakeven points can differ from one sub-broker to sub-broker.
However, on average, partners can generate returns within three months of commencing their business.
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Motilal Oswal Franchise Dashboard or Backoffice Platform
Web Platform
App Platform
Almost every sub-broker strives for access to the dashboard dedicated to the sub-brokership franchise. Why? It’s to manage their clients, facilitate financial transactions, and track their earnings without much effort.
Tapping the link above will direct you to the Motilal Oswal Franchise Dashboard. Use this handy platform to serve your clients, monitor leads, and track brokerage seamlessly.
Motilal Oswal Partner Dashboard - Features
Brokerage Mapping
Manual Brokerage Change
Leads Report
Clients Activation Report
Clients Portfolio Report
Monthly Payout Report
Lead Addition Link
Manual Lead Addition
Lead Stage Info
Lead Info Backend Change
Lead Deletion
Below listed are the tabs the Motilal Oswal Partner Dashboard features:
- Did you come across a lead and want to add it to your database? Go to the ‘lead addition link’ or ‘manual lead addition’ tab.
- Despite your efforts, some leads might not convert into actual clients. You can remove them from your database using the ‘lead deletion’ feature.
- If you want to learn the know-how of your leads, review the leads report.
- The client activation report will tell you which clients are consistently investing or trading.
- Check what stage your leads are at with the ‘lead stage info’ feature.
- Know which financial products your clients invest in and which do not via the ‘clients portfolio report.’
- Moreover, tracking your monthly income is possible with the ‘monthly payout report’ tab.
Motilal Oswal Sub Broker Login
A successful Motilal Oswal Sub Broker Login will direct you to your partner account, where you can see your clients’ transactions and earnings. In addition, your account will allow you to learn about your income.
Just go to the dedicated sub-broker dashboard page, enter whatever login details it asks for, and then you will be ready to log into your account.
Motilal Oswal Authorised Person - Office Requirement
Area in Sq. Ft.
No. of Employees
Reception
Managers Cabin
Dealer Terminal
Mobile or Telephones
Call Recording
Laptops or Computers
CCTV
As the Motilal Oswal Authorised Person, your professional space must adhere to the below-discussed requirements:
- Your office should cover the space between 200 and 500 square feet,
- If possible, you can designate separate areas for reception and the manager’s cabin.
- Your staff should have at least two employees.
- It’s compulsory to have a properly functioning dealer terminal.
- You can use mobile or telephones to talk to your leads or clients. And when talking to them, you wish to record their calls.
- It’s necessary to place well-functioning laptops or computers so your employees can work efficiently.
- Lastly, your office must be monitored 24/7 by CCTVs for more safety.
Motilal Oswal Sub Brokership Support
Dedicated RM Support
Dealer Training
Products Training
Acquisition Support
Webinars
Advisory Support
Backoffice Support
Marketing Support
Motilal Oswal Sub Brokership receives comprehensive support:
- Dealer training sessions are organised to teach sub-brokers all about dealing.
- In addition, through product training, they can learn everything about the company’s products—what they are and how to use them.
- Establishing positive relations with your clients is key to earning their trust. The firm assigns dedicated relationship managers to help you.
- Seek help from acquisition professionals to add more clients to the firm’s network.
- Manage your behind-the-scenes operations in a hassle-free manner with back-office support.
- Spread the word about your sub-brokership franchise under the guidance of marketing experts.
- Receive expert advice at every stage of your business to run and grow it successfully.
Motilal Oswal Business Partner Offers
Commission 50% or More
Zero Investment
Free Advisory
Free Delivery Trading
Flat Brokerage Charges
1st Month Free Brokerage
Zero Brokerage on Loss Making Trades
Read on to know the Motilal Oswal Partner Offers:
- Partner’s commission is not fixed at 50% or less. They can earn up to 70% of a share of the broker’s revenue by broadening its clientele.
- As discussed above, advisory support is provided. And the best part is you don’t have to pay for it.
- Apart from this, the company fails to render zero-cost delivery trading, free brokerage for the first 30 days, and flat brokerage charges.
- Moreover, brokerage will be charged no matter whether a trade makes a loss.
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Motilal Oswal Sub Broker Business - Products Offers
Equity
Derivatives
Commodity
Currency
Mutual Fund
PMS or PCG
IPOs / FPOs / NCDs
Foreign Stocks
Insurance
Loans
Motilal Oswal Sub Broker Franchise offers these exhaustive products and services to customers:
- Traditional investors and traders can invest or trade in equities.
- Derivatives, currencies, and commodities are some other trading options.
- Individuals seeking life, vehicle, or house protection coverage can also contact the sub-broker.
- Those searching for safe investment products can also invest in mutual funds that sub-brokers provide.
- Services for portfolio management and private client groups are also rendered.
- Other products included in the product suite are IPOs, NCDs, and FPOs.
How to Become a Motilal Oswal Sub Broker?
Are you an Indian? Have you surpassed the age of 18 years? Are you a graduate and NISM-certified? If so, you can become a Motilal Oswal Sub Broker.
Complete this process to join the sub-brokership program:
- the ‘Become a Sub-broker’ form is on this web page. Fill out and submit it.
- It will be redirected to the broker’s head office. After some time, the firm will contact you to let you know about the next steps.
- One of the crucial steps is to courier the necessary documents to Motilal Oswal’s head office.
After verifying everything, you will be contacted again if you are an appropriate sub-broker candidate.
Motilal Oswal Franchise - Eligibility Criteria
Age
Nationality
Academic Qualification
NISM Certificate
Motilal Oswal Partner Program - Documents Required
Sub Broker Agreement
Identity Proof - Aadhaar / Passport
Address Proof - Aadhaar / Rental Agreement
PAN
Passport Size Photo
Bank Account Details
Bank Cancelled Cheque
Benefits of Motilal Oswal Sub Broker Business
What makes Motilal Oswal Sub Brokership an ideal venture opportunity? Here are the key highlights:
- With a broad network of 75k+ sub-brokers, Motilal Oswal is a reputed, credible brokerage house. Therefore, you can trust the broker.
- It just takes three months to recover your investment. Even with a growing client base, you can earn attractive returns sooner.
- Moreover, the commission share is higher than the industry average.
- They provide sub-brokers with marketing support and free advice, making promoting and handling business seamless.
Drawbacks of Motilal Oswal Franchise
Does the Motilal Oswal Franchise have any weaknesses? The following are some:
- Initial investment is relatively higher, reaching up to 2,68,000 lakh INR.
- The option of free delivery trading or no brokerage on loss-making trades isn’t available.
- The firm must add foreign stocks and loans to its product portfolio.
- Also, there is no option for free brokerage on trading in the first month.
Motilal Oswal Partner or Sub Broker – Conclusion
The sub-brokership program is more than just a business opportunity. Investing in it will unlock doors to success in the financial industry.
Backed by a legacy of experience, trust, and credibility, the broker empowers the Motilal Oswal Partner with world-class support, revenue share, and offers.
Whether you are a budding entrepreneur or an experienced investment or trading advisor, partnering with Motilal Oswal can lead you towards success.
FAQs on Motilal Oswal Authorised Person
Check out various FAQs related to Motilal Oswal AP business.
Is Motilal Oswal Sub Brokership Profitable?
Yes, sub-brokers can make reasonably good profits if they acquire more than target clients and adequately guide them throughout the trading process.
What is the Motilal Oswal sub-broker commission?
Partners can receive 60% to 70% of the total brokerage that Motilal Oswal earns via your clients.
How many sub-brokers does Motilal Oswal have?
Over 75,000 sub-brokers have partnered with Motilal Oswal.
What is the Motilal Oswal Franchise Cost?
Sub-brokership franchise costs can be between 1,43,000 lakh INR and 2,68,000 lakh INR. It entails a security deposit of Rs. 1 to 2 lakh, 3k INR as exchange charges, and 40,000 to 65,000 Rupees as office expenditure.
Does Motilal Oswal Franchise provide Backoffice?
Sub-brokers can use back-office support to manage their tasks and operations without stressing too much.
What is the eligibility for Motilal Oswal AP?
Anyone who is Indian, over 18 years old, is accredited by a NISM, and has completed graduation can start with the application process.
How do you close Motilal Oswal’s sub-broker business?
Closing a sub-broker business is easy! Just get your sub-broker franchise cancellation form notarised and then parcel it with the account statement to the brokerage house.
Upon verification, your sub-broker code will be removed from the stock exchange and SEBI’s database. Finally, you will receive your security deposit back
How do you convert Motilal Oswal Partner to Sub Broker?
You are a partner but now want to work as a sub-broker. In such a case, seek the help of the company’s team, which handles the sub-brokership franchise program. They will guide you through the entire partner-to-sub-broker conversion process.
What is the expected income as Motilal Oswal AP?
An authorised person can enjoy an estimated financial incentive of Rs. 1,65,250 INR at a net profit margin of 44.51%.
Does Motilal Oswal Franchise provide Support?
Yes, Motilal Oswal extends support to make it easier for sub-brokers to acquire clients.