Motilal Oswal Franchise vs Nirmal Bang Franchise – Compare Business Models, Revenue Sharing and more

Find 1st of its kind Comparison of Motilal Oswal Franchise vs Nirmal Bang Franchise. In this comparison, you will find a detailed view of all the features of respecting sub broker or franchise brands.

Motilal Oswal Franchise vs Nirmal Bang Franchise

Motilal Oswal & Nirmal Bang are both Broking houses & provides sub brokership to their partners. Both of them have varied Business Models which we will discuss here.

In this comparison, we will dig deep into all the aspects of both broking franchise brands. The major aspects that we will discuss are:

  • Overview
  • Customer Ratings
  • Business Models
  • Security Deposit or Initial Investment
  • Revenue Sharing or Commission
  • Infrastructure Requirement
  • Offers
  • Support
  • Brokerage Charges to Clients
  • Other Charges & Margin to Clients

With this detailed comparison we will have clear understanding of which Sub Brokership is better: Motilal Oswal Sub Broker Program or Nirmal Bang Sub Broker Program.

Start this amazing comparison between Motilal Oswal Sub Broker & Nirmal Bang Sub Broker:

Motilal Oswal Franchise vs Nirmal Bang Franchise – An Overview

OverviewMotilal Oswal FranchiseNirmal Bang Franchise
Company TypePublicPrivate
Broker typeFull Service BrokerFull Service Broker
HeadquartersMumbai, India‎Mumbai, India
FounderRamdeo AgarwalRahul Arora, CEO
Established Year19871986
SB Code Activation Time14 Days20-30 Days
Payout Time31 Days1 month

Customer Ratings of Motilal Oswal Sub Broker & Nirmal Bang Sub Broker

Customer RatingsMotilal Oswal FranchiseNirmal Bang Franchise
Experience3.50 / 53.2/5
Services3.80 / 53.1/5
Products4.00 / 52.8/5
Trading Platforms3.30 / 52.8/5
Support4.00 / 53.5/5
Revenue Sharing Model3.50 / 53.8/5
Security Deposit2.20 / 53.8/5
Offers2.50 / 53.1/5
Market Share2.10 / 52.5/5
Overll Ratings3.21 / 53.16
Star Ratings★★★☆☆★★★☆☆

Compare Business Models of Motilal Oswal Franchise & Nirmal Bang Franchise

Business ModelsMotilal Oswal FranchiseNirmal Bang Franchise
Master FranchiseRS
Sub BrokerRR
Referral ProgramSS

Motilal Oswal Franchise vs Nirmal Bang Franchise Security Deposit Comparison

Security DepositMotilal Oswal FranchiseNirmal Bang Franchise
Master Franchise500000 – 1000000NA
Sub Broker300000Rs 75,000 – 2 Lakhs
Referral ProgramNANA

Nirmal Bang Franchise vs Motilal Oswal Franchise Revenue Sharing Comparison

Revenue SharingMotilal Oswal FranchiseNirmal Bang Franchise
Master Franchise70% – 80%NA
Sub Broker50% – 70%50% – 70%
Referral ProgramNANA

Nirmal Bang Sub Broker vs Motilal Oswal Sub Broker Infra Requirement

Infrastructure RequirementMotilal Oswal FranchiseNirmal Bang Franchise
Office AreaMinimum 500 Sq FtMinimum 200 Sq Ft
Employee StrengthMinimum 7Minimum 3
Research ServicesRR
Internet ConnectionRR
Trading TerminalsRR
Telephone LinesRR

Compare Motilal Oswal Partner & Nirmal Bang Partner Offers

OffersMotilal Oswal FranchiseNirmal Bang Franchise
Zero DepositSS
10k Initial DepositSR
Flexible Revenue SharingRR
Flat Revenue SharingSS
Zero Revenue Sharing with PrepaidSS

Nirmal Bang Authorised Person vs Motilal Oswal Authorised Person Support

SupportMotilal Oswal FranchiseNirmal Bang Franchise
Marketing SupportRR
Back-Office SupportRR
Trading SupportRR
Advisory SupportRS
Dealing TrainingRR
Acquisition TrainingRR
Product TrainingRR

Compare Brokerage Charges of Motilal Oswal Franchise & Nirmal Bang Franchise

Brokerage Charges to ClientsMotilal Oswal FranchiseNirmal Bang Franchise
Equity Delivery0.50%0.2% or 20 paisa
Equity Intraday0.05%0.02% or 2 paisa
Equity Futures0.05%0.02% or 2 paisa
Equity OptionsRs.70 per LotRs 35 Per Lot
Currency Futures0.05%0.02% or 2 paisa
Currency OptionsRs.70 per LotRs 20 Per Lot
Commodity0.05%0.02% or 2 paisa

Motilal Oswal Partners & Nirmal Bang Partners Charges Comparison

Charges to ClientsMotilal Oswal FranchiseNirmal Bang Franchise
Demat AMCFree or Rs.300 per AnnumRs 200 (Pro Rata)
Trading AMCZeroZero
Account Opening ChargesZeroZero
Transaction Charges0.00335%Zero
Margin MoneyRs.10,000Rs.10,000

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Motilal Oswal Franchise vs Nirmal Bang Franchise




Products & Services


Revenue Sharing Model




Market Share