Investors who are interested in investing in various financial products keep inquiring about good sub-broker franchises. Mumbai is a city that never sleeps, and so do its financial investment activities. It has a large number of investors who look for the Best Sub Broker Franchise in Mumbai to initiate their financial investments profitably.
This article will discuss the Top 10 Sub Brokers in Mumbai that have been doing exceptionally well in the market. Readers will be provided with a great deal of useful data about these sub-broker houses that will help them in choosing the most suitable one.
Thus, one should go through this article carefully if they are looking forward to investing money wisely in Mumbai.
List of Top 10 Sub Brokers Franchise in Mumbai
Below is the table that shows the names of the 10 Best Sub Broker Franchise in Mumbai. Readers should go through it for reference.
| Rank | Sub Broker |
| 1 | Angel Broking |
| 2 | Motilal Oswal |
| 3 | Sharekhan |
| 4 | India Infoline |
| 5 | Edelweiss |
| 6 | Anand Rathi |
| 7 | ICICI Direct |
| 8 | Karvy |
| 9 | Nirmal Bang |
| 10 | Aditya Birla Money |
Data can be represented in the best way in the tabular form. Thus, this article holds a table that will address the names of the top 10 sub-broker houses in Mumbai.
These names are written as per their ranks in the city, and the ranking is done on various aspects. Investors can avail of the best broking services from these companies as all of them are highly reputed in the market.
Readers can go through these names and their services and choose the perfect one that will serve their purposes. They can check out all the parameters mentioned in this article that include profit-sharing schemes, investment options, criteria for eligibility, and so on.
The top 10 sub-brokers in Mumbai are Angel Broking, Motilal Oswal, Sharekhan, IIFL, Edelweiss, Anand Rathi, ICICI Direct, Karvy, Nirmal Bang, and Aditya Birla Money.
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Rank 1 – Angel Broking – Number 1 Broking Franchise in Mumbai
| Franchise Name | Angel Broking |
| Business Model | Angel Broking Franchise |
| Security Deposit | Sub Broker |
| Revenue Sharing | Rs.50,000 – Rs.150,000 |
| Receive Payout in | 50% – 70% |
| Branch Offices | 15 Days |
| Branches in City | |
The Top Broking Franchise in Mumbai is Angel Broking that has been offering unmatchable services for a long time. Inventors can start trading with this sub-broker house with an initial investment of ₹ 50,000 to ₹ 150,000. The company shares a huge amount of revenue with its clients, and it sums up to 50% to 70% of the total profit earned.
Angel Broking has numerous branches in Mumbai and clients can open a Demat account very easily with it. The payout time followed by this sub broker franchise is 15 days which is a considerable one. Thus, clients looking for top-notch investment solutions and a high amount of profit should contact Angel Broking without a second thought.
Rank 2 – Motilal Oswal – Top Sub Broker in Mumbai
| Franchise Name | Motilal Oswal Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.300,000 |
| Revenue Sharing | 50% – 70% |
| Receive Payout in | 31 Days |
| Branch Offices | Motilal Oswal Branch Offices |
| Branches in City | Motilal Oswal Branch Office in Mumbai |
Motilal Oswal has secured the second rank in the list of the Top Sub Broker in Mumbai. It offers a wide range of products that are thoroughly researched by the top professionals of the industry.
Clients can initiate trading with this sub-broker franchise by investing ₹ 300,000. The initial investment amount may seem quite high, but it is justified by the huge amount of profit shared by the company.
Investors get between 50% and 70% of the total revenue earned. The sub-broker franchise works on a payout time of 31 days, and clients can earn a lot of profit within this time. They will just have to open a Demat, and a trading account with Motilal Oswal and the trading process will get initiated.
Rank 3 – Sharekhan – Best Stock Broker Franchise in Mumbai
| Franchise Name | Sharekhan Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.70,000 – Rs.100,000 |
| Revenue Sharing | 50% – 75% |
| Receive Payout in | 33 Days |
| Branch Offices | Sharekhan Branch Offices |
| Branches in City | Sharekhan Branch Office in Mumbai |
Sharekhan is a popular sub-broker house of the nation and stands in the third position among the Best Stock Broker Franchise in Mumbai. It was established in 2000 and had been offering top-notch services to a huge client base since then. The sub-broker allows in trading numerous financial products without any difficulties.
This sub-broker franchisee asks for an initial investment of ₹ 70,000 to ₹ 100,000. Clients can earn a huge share of revenue by investing in this company, and it is between 50% and 75%.
Sharekhan allows a payout time of 33 days which is a little more than a month. Therefore, traders looking for high profit earning in Mumbai should contact Sharekhan today.
Rank 4 – India Infoline – Sub Broker Franchise in Mumbai
| Franchise Name | IIFL Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.50,000 – Rs.200,000 |
| Revenue Sharing | 50% – 75% |
| Receive Payout in | 40 Days |
| Branch Offices | IIFL Branch Offices |
| Branches in City | IIFL Branch Office in Mumbai |
India Infoline is the fourth-best Sub Broker Franchise in Mumbai. It was established in 1995 and offered a variety of financial services to traders and investors across the nation.
This sub-broker franchise has numerous branch offices in Mumbai that put the best effort into satisfying clients. Its services are well-defined, and investors can earn a huge amount of profit on collaborating with it.
Traders can start trading with IIFL with an initial investment amount of ₹ 50,000 to ₹ 200,000. The sub-broker house shares 50% to 75% of its revenue with investors and helps them earn more. The payout time followed by this company is 40 days from the time of investment.
Rank 5 – Edelweiss – Top 10 Business Partner in Mumbai
| Franchise Name | Edelweiss Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.100,000 – Rs.400,000 |
| Revenue Sharing | 55% – 70% |
| Receive Payout in | 31 Days |
| Branch Offices | Edelweiss Branch Office |
| Branches in City | |
The fifth-position holder in the list of the Top 10 Business Partner in Mumbai is Edelweiss. It offers smart investment solutions to investors and traders who maintain a trading and a Demat account with the company. Edelweiss was established in 2008 and ran many branches across the length and breadth of Mumbai.
Traders can open a Demat account with this broker house very easily through its online trading platforms. They will have to deposit an initial investment amount of ₹ 100,000 to ₹ 400,000 for trading with the company. Edelweiss shares 55% to 70% of its profit with clients, and the payout time followed by the company is 31 days.
Rank 6 – Anand Rathi – Best Share Broker Franchise in Mumbai
| Franchise Name | Anand Rathi Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.70,000 – Rs.150,000 |
| Revenue Sharing | 55% – 65% |
| Receive Payout in | 30-45 Days |
| Branch Offices | Anand Rathi Branch Office |
| Branches in City | |
Anand Rathi started business quite early in 1994 and is regarded as one of the Best Share Broker Franchise in Mumbai. It allows traders to invest strategically by offering them a great deal of trading support.
The sub-broker house maintains an advanced trading platform that has many useful features like stock tips, watchlist, etc. These features make trading easy and hassle-free for both new and existing clients.
Traders will have to deposit any amount between ₹ 70,000 and ₹ 150,000 for initiating trading. The revenue sharing margin is 55% to 65%, and clients can earn profits between 30 and 45 days by investing with Anand Rathi. This sub-broker franchise has been a favourite of financial investors in Mumbai for its high-end services.
Rank 7 – ICICI Direct – Best Broking Partner in Mumbai
| Franchise Name | ICICI Direct Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.75,000 – Rs.200,000 |
| Revenue Sharing | 50% – 75% |
| Receive Payout in | 30 Days |
| Branch Offices | ICICI Direct Branch Office |
| Branches in City | |
ICICI Direct is a premium sub-broker house that is a subsidiary of ICICI Bank. It is one of the Best Broking Partner in Mumbai and is trusted by numerous financial trading enthusiasts. This company operates many branches in Mumbai, and clients can visit them for all types of trading help.
An initial investment of ₹ 75,000 to ₹ 200,000 is required for trading with ICICI Direct. Its revenue-sharing margin is quite high, and it is between 50% and 75%. Traders can earn huge profits by investing with this sub-broker franchise within a payout time of a month.
Rank 8 – Karvy – Top Master Franchise in Mumbai
| Franchise Name | Karvy Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.50,000 |
| Revenue Sharing | 60% – 70% |
| Receive Payout in | 33 Days |
| Branch Offices | Karvy Branch Office |
| Branches in City | |
Financial traders in Mumbai looking for customized trading solutions should open a Demat account with Karvy. It is a Top Master Franchise in Mumbai that holds the eighth position in this article. Karvy was incorporated in 1983 with headquarter in Hyderabad. Its reliable financial services are sought by thousands of traders in this city.
Karvy asks for an initial investment of ₹ 50,000, which is quite less in comparison to many other sub-brokers. Its profit-sharing margin is higher than in many companies, and it is between 60% and 70%. The payout time granted by Karvy is 33 days from the time of investment.
Rank 9 – Nirmal Bang – Franchise Business Partner in Mumbai
| Franchise Name | Nirmal Bang Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.75,000 – Rs.200,000 |
| Revenue Sharing | 50% – 70% |
| Receive Payout in | 1 month |
| Branch Offices | Nirmal Bang Branch Office |
| Branches in City | |
Nirmal Bang is a top Franchise Business Partner in Mumbai that was established in 1986. It has been winning the hearts of traders with its top-class financial solutions that help in earning a lot of profit. This sub-broker runs some of the best trading applications that are used widely by its large client base.
Traders will have to make an initial investment of ₹ 75,000 to ₹ 200,000 for trading with Nirmal Bang. Its revenue-sharing margin is between 50% and 70% and the payout time is 30 days.
Rank 10 – Aditya Birla Money – Share Market Franchise in Mumbai
| Franchise Name | Aditya Birla Money Franchise |
| Business Model | Sub Broker |
| Security Deposit | Rs.75,000 – Rs.250,000 |
| Revenue Sharing | 55% – 75% |
| Receive Payout in | 1 month |
| Branch Offices | Aditya Birla Money Branch Office |
| Branches in City | |
Aditya Birla Money is a reliable Share Market Franchise in Mumbai that was established in 1995. It offers top-notch trading solutions and allows dealing in various financial products that have been reasserted by experts. The sub-broker franchise levies less brokerage charge and trading through its trading platforms is very easy.
The initial investment amount for this company is ₹ 75,000 to ₹ 250,000, and the payout time is 30 days. Traders are given 55% to 75% of the total revenue earned by trading with this sub-broker franchise.
Sub Broker Franchise in Mumbai – Conclusion
This article has brought together the names of the top 10 Sub Broker Franchise in Mumbai that will help a trader residing in this city.
It has covered all important points like revenue sharing percentages, initial investment amounts, and payout times of these sub-brokers. Readers will be highly benefitted in reading this article, and they can choose the best option for investment.
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