Manubhai Mangaldas Franchise or Sub Broker – Find Revenue Sharing, Security Deposit and more

Manubhai Mangaldas Franchise is one of the most reputed franchise opportunity provided by this firm Manubhai Mangaldas.

The earning opportunity for the Manubhai Mangaldas sub-brokers is as high as 80% of the revenue you generate for the firm while the minimum is at par with the market at 50%.

The security deposit you need to keep with the firm in order to deal with their products and get entitled to the minimum share of revenue is Rs. 50000 which is also at par with the average deposit requirement in the industry.

The maximum deposit one can keep with the company in order to maximize the earning is Rs. 2 lakhs. The payment cycle of the firm is generally 31 days and the firm takes around 30 days to activate the sub-brokers code.

The private stockbroker with all the products and services for investments is having its headquarter in Mumbai. The firm was incorporated by Manubhai M Bhagat in the year 1998 and since then it is running successfully and providing so many business opportunities.

Manubhai Mangaldas Sub Broker Highlight
Top Business ModelSub Broker
Initial Investment RequiredRs.50,000 – Rs.200,000
Revenue Sharing50% – 80%
Payout Time31 Days
SB Code Activation Time30 Days

Manubhai Mangaldas Franchise SubBroker

What do you know about Manubhai Mangaldas Franchise?

Manubhai Mangaldas Business Partner Overview
Here is the overview of Manubhai Mangaldas Franchise
What type of Company is it? – Public / PrivatePrivate
What is the Broker type?Full Service Broker
Where is the Headquarter located?Mumbai, Maharashtra
Who is the Founder?Manubhai M Bhagat
What is the year of establishment?1998
How many days does it take for SB Code Activation?30 Days
How many days/weeks it takes for Payout?31 Days

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What are the various Business Models that Manubhai Mangaldas Sub Broker Program provides?

Manubhai Mangaldas Franchise Business Models
Know about various Business Models of Manubhai Mangaldas
Is the Sub Broker business model available?Yes
Do they provide Referral Program?No
Do they provide Master Franchise Model?No
Does this broker provide Partner / Remisier model?No

How does Manubhai Mangaldas Sub Broker Revenue Sharing work?

Manubhai Mangaldas Sub Broker Revenue Sharing
Find the details of Manubhai Mangaldas Sub Broker Commission for all Business Models
What is the revenue sharing for Sub Broker program?50% – 80%
Do they provide revenue sharing or direct pay for Referral Program?NA
How much is the revenue sharing Master Franchise business?NA
How much is the revenue sharing required for Partner / Remisier model?NA

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What is the Manubhai Mangaldas Business Partner Security Deposit requirement?

Manubhai Mangaldas Franchise Security Deposit
Check the Manubhai Mangaldas Franchise cost requirement for each business model
How much is security deposit required for Sub Broker Program?Rs.50,000 – Rs.200,000
Is there any security deposit required for Referral Program?NA
What is the initial investment required for Master Franchise Model?NA
What is the deposit required for Partner / Remisier Model?NA

What are the various Offers rolled out by Manubhai Mangaldas Authorised Person Program?

Manubhai Mangaldas Sub Broker Offers
Here is the list of Manubhai Mangaldas Franchise offers available to the clients
Do they provide Flexible Revenue Sharing offer?Yes
Are they providing Flat Revenue Sharing offer?No
Do they offer Zero Revenue Sharing model with Prepaid payment?No
Do they provide Zero Deposit scheme?Yes
Are they offering 10k Initial Deposit scheme?No

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What are the various Supports provided to Manubhai Mangaldas Business Partner?

Manubhai Mangaldas Business Partner Support
Here are the various Support Manubhai Mangaldas Franchise needs to provide to their clients
Do they provide Acquisition Training to their associates?No
Do they provide Training for Dealers of their sub brokers?Yes
Are they providing Product Training for their business partners?No
Do they provide Back-Office Support for their authorised person?Yes
Are they providing Trading Support to their business partners?Yes
Are they sharing Advisory Support with their partners?No
Does the broking house provide Marketing Support to their sub brokers?No

Which is the Infrastructure required for Manubhai Mangaldas Sub Broker Program?

Manubhai Mangaldas Partner Infrastructure Requirement
Find the various Infra required to take up Manubhai Mangaldas Franchise
What is the Employee Strength needed to start this franchise?Minimum 1
Do the Sub Broker needs to provide Trading Terminals?Yes
Is the Internet Connection mandatory to take up franchise?Yes
Are Telephone Lines mandatory for Business Partners?No
Is it mandatory to provide Research Services by Sub Broker?No
How much is the size of Office Area required to become a Sub Broker?Not Mandatory

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What is the brokerage charges levied to the Clients of Manubhai Mangaldas Partners?

Manubhai Mangaldas Sub Broker – Brokerage Charges to Clients
Here are the brokerage charges levied by Manubhai Mangaldas Sub Broker to their clients
What are Equity Intraday charges?0.022% – 0.044%
How much are Equity Delivery charges?0.22% – 0.44%
How much is the charge levied on Equity Options?Rs.22 – Rs.44 per Lot
How much are the Currency Options charges?Rs.22 – Rs.33 per Lot
What are Equity Futures charges?0.022% – 0.044%
What are the charges levied on Currency Futures?0.022% – 0.044%
What are the charges levied on Commodity Trading?NA

What is the Account Opening Charges Levied to the clients of Manubhai Mangaldas Sub Broker?

Manubhai Mangaldas Franchise – Account Opening Charges to Clients
Here are the account opening charges levied by Manubhai Mangaldas Franchise to their clients
What are the Account Opening Charges?Rs.250
What is the Margin Money required?Minimum Rs.10,000
What is the charge for Demat AMC?Rs.250 per Annum
how much are Trading AMC charges?Free
How much is the Transaction Charges levied?0.00%

What is the Customer Ratings of Manubhai Mangaldas Authorised Person Program?

Manubhai Mangaldas Franchise Customer Ratings
Find Client Ratings & Reviews against multiple parameters for Manubhai Mangaldas
According to Revenue Sharing Model of the Franchisor2.5 / 5
Ratings as per Security Deposit provided by the company2.2 / 5
As per Experience in the Sub Broker Business2.4 / 5
As per Offers provided by the Broking Franchise2.4 / 5
Ratings as per Mobile Trading App & Trading Platforms2.2 / 5
Overall Ratings of the Sub Broker Franchise2.4 / 5
Star Ratings★★★☆☆

Manubhai Mangaldas Franchise Conclusion


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