Manubhai Mangaldas Franchise is one of the most reputed franchise opportunities 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 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 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 headquarters 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 Model||Sub Broker|
|Initial Investment Required||Rs.50,000 – Rs.200,000|
|Revenue Sharing||50% – 80%|
|Payout Time||31 Days|
|SB Code Activation Time||30 Days|
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 / Private||Private|
|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|
Find out the basic requirements of other Stock Broking Franchise
What are the brokerage charges levied on 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 are 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 are 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 Franchisor||2.5 / 5|
|Ratings as per Security Deposit provided by the company||2.2 / 5|
|As per Experience in the Sub Broker Business||2.4 / 5|
|As per Offers provided by the Broking Franchise||2.4 / 5|
|Ratings as per Mobile Trading App & Trading Platforms||2.2 / 5|
|Overall Ratings of the Sub Broker Franchise||2.4 / 5|
Manubhai Mangaldas Franchise Conclusion
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