Maheshwari Financial Sub Broker / Franchise / Authorised Person / Partner Review

Maheshwari Financial is a key player in the stock market with hundreds of Maheshwari Financial Sub Broker working under them across India.

Maheshwari Financial Sub Broker

Maheshwari Financial Services has not so many years of experience as security broker. Maheshwari Financial Services currently has more than five branches in India which cater to retail customers selected. They are one of the leading Indian brokerage and financial services agency that offers a broad range of financial services

All details about Maheshwari Financial Securities Sub Broker, franchise, authorized individual and partner review are discussed in this article.


Maheshwari Financial Franchise – Customer Ratings

Find below table to know Customer Ratings of Maheshwari Financial Sub Broker:

Experience2.6/5
Services2.2/5
Products2.3/5
Trading Platforms2.5/5
Support2.2/5
Revenue Sharing Model2.4/5
Security Deposit2.2/5
Offers2.3/5
Market Share2.1/5
Overall Ratings2.3/5
Star Ratings★★★☆☆

Below customer rating are mentioned

The decision of whether or not to become partner is often driven by the ratings. Maheshwari Financial Services is rated average on basis of their product and services.

The key takeaway from our research is the Maheshwari Financial Services ratings prompt has been an unquestionable win in terms of number of ratings for their trading platforms, experience and Revenue Sharing Model.

But there are many spots that need to look up like their services, Market Share and customer support.


Overview of Maheshwari Financial Franchise / Sub Broker

Details about Maheshwari Financial Franchise is given in the below table:

Company TypePublic
Broker typeFull Service Broker
HeadquartersNew Delhi, Delhi
FounderR C Maheshwari
Established Year1995
SB Code Activation Time30 Days
Payout Time35 Days

Maheshwari Technical & Financial Services Ltd. (MTFSL) incorporated in 1995 was the founded by C.A. Mr. R C Maheshwari.  He is also responsible for Finance, Accounts, Audit, Internal Audit, Taxation, Risk Management & Surveillance, Legal & Compliance, and Corporate Communications.

The MTFSL has it’s headquarter in New Delhi, Delhi and operates through 5 more branches. It is a public entity company.

The MTFSL provide service as trading bankers, Underwriters, Brokers and Financial consultants. The first step was taken when its NSE terminal was activated on 12 October, 1995. MTFSL also began to offer its customers as a depository by the year 2000.

They take the Active SB Code for 30 days and the payout time for 35 days.


Become a Sub Broker with Maheshwari Financial – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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Maheshwari Financial Sub Broker – Business Models

Find below table for details:

Master FranchiseNo
Sub BrokerYes
RemisierNo
Referral ProgramNo

Maheshwari Financial provide sub-brokership to individuals and entities who want to work along with them. The Maheshwari Financial Sub Brokers business model is described below –


Maheshwari Financial Sub Broker / Authorised Person Model

Maheshwari Financial security use Business Models to spread out their existing scope of business. The motto of their business models to low the risk level and to spread business in any location, with altered pricing strategies and better marketing techniques. By this growth model they perform licensing to partners.

They follow Sub Broker as model for business.

Sub Broker: A sub – broker is a bond approved individual to help investors purchase and sell securities in return for brokerage. Sub – broker can take advantage with Maheshwari Financial, such as a comprehensive business model that comprises such as equities, derivatives, commodity etc.


Maheshwari Financial Sub Broker Commission / Revenue Sharing

Find below table to know Maheshwari Financial Securities Franchise Commission Models and Revenue Sharing Models:

Master FranchiseNA
Sub Broker50% – 75%
RemisierNA
Referral ProgramNA

Below table discussed about revenue sharing model.

Maheshwari Financial security claims their franchisees to pay continuing fees on the advantages they receive. The advantage for franchisors is what the franchisees obtain from their essential return from using product and services.

In return Maheshwari Financial security ensure the quality of those product and services is maintained.

Sub broker pay Commission in percentage sharing of minimum 50% – 75%.


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Maheshwari Financial Franchise Cost / Security Deposit

Below Tables gives a good understanding of Maheshwari Financial Securities Franchise Cost:

Master FranchiseNA
Sub BrokerRs.50,000 – Rs.200,000
RemisierNA
Referral ProgramNA

Franchise Cost is elaborated below.

  • The starting fee for franchise costs must be deposited.
  • The number of services the sub broker wish to use as well as the geographical operational area is the factors for the initial financial investment amount.
  • Furthermore, they will provide a high-quality efficient service and reliable support.

Sub Broker pay franchise cost of minimum amount of Rs.50,000  to maximum Rs.200,000.


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Maheshwari Financial Partner Infrastructure Requirement

Check the table to know Maheshwari Financial Partner Infrastructure Requirement:

Office AreaMinimum 100 Sq Ft
Employee StrengthNot Mandatory
Research ServicesYes
Internet ConnectionNo
Trading TerminalsYes
Telephone LinesYes

Follow the below table to know Maheshwari Financial Share Partner’s Infrastructure requirements:

Maheshwari Financial Securities Franchise infrastructure requirements are detailed below.

  • The minimum area of the office should be 100 Sq Ft.
  • It is compulsory to provide customers with Research Services
  • At least 1 staff should be appointed in the office premises.
  • Trades terminals should be included and compulsory in the franchise.
  • Internet connection is not a compulsion.
  • Telephone Lines with dialing should be present in office.

Maheshwari Financial Sub Broker Offers

Find below various The Maheshwari Financial Capital Share Sub Broker Offers:

Zero DepositNo
10k Initial DepositNo
Flexible Revenue SharingYes
Flat Revenue SharingYes
Zero Revenue Sharing with PrepaidNo

In the following table offer of Maheshwari Financial for sub broker is mentioned.

There are various offers available for the Sub-brokers of the Maheshwari Financial Securities which are as follows –

  • Their Sub-brokers are do not offered Zero deposit.
  • Unlike many franchises, sub broker are not required to pay initial expenses of Rs 10, 000.
  • Maheshwari Financial securities agree to Flexible Revenue Sharing to Sub Broker.
  • Flat revenue share is obliged to sub broker by Maheshwari Financial.
  • Zero Revenue Sharing with Prepaid is not permitted.

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Maheshwari Financial Franchise Support

Below table consist of various support provided by Maheshwari Financial Authorised Person program:

Marketing SupportNo
Back-Office SupportYes
Trading SupportYes
Advisory SupportYes
Dealing TrainingYes
Acquisition TrainingNo
Product TrainingNo

Support provided to franchisee are detailed below.

The Maheshwari Financial Securities Franchise support is ready to lend a hand.

  • Maheshwari Financial Securities provides Dealing Training to encourage sales and support dealers in the promotion and marketing of their business.
  • Provide Back-office functions include settlements, clearances, record maintenance, regulatory compliance, accounting, and services
  • Provide Trading Support by providing trading platform and research tip to their clients.
  • Advisory Support is provided to their Sub Brokers.
  • They do not provide any acquisition training and product training.

Maheshwari Financial Authorised Person – Brokerage Charges to Clients

The table gives proper information of Maheshwari Financial Brokerage charges levied to its Franchise Clients:

Equity Delivery0.51%
Equity Intraday0.05%
Equity Futures0.05%
Equity OptionsRs.51 per Lot
Currency Futures0.05%
Currency OptionsRs.31 per Lot
Commodity0.05%

The following table provides an understanding for the brokerage fees levied on its Sub Brokers Clients by Maheshwari Financial Securities franchise:

The brokerage fee is charged to facilitate trading. Brokers charge for service brokerage fees such as transactions, sales, advisories, negotiations and delivery. The prices of the financial franchise from Maheshwari are nominal and equal to the cost of the market.

  • They charge 51% for equity delivery.
  • They charge 05% for the intraday trading of the equities and also for equity futures, currency futures.
  • For the equity options, the charge is flat 51 per Lot.
  • For currency options, it is Rs. 31 per lot.

Trading in commodity brokerage of 0.05% are charged


Maheshwari Financial Partner – Account Opening Charges to Clients

The table gives proper information of Maheshwari Financial Account opening charges levied to its Franchise Clients:

Demat AMCRs.310 per Annum
Trading AMCFree
Account Opening ChargesRs.310
Transaction Charges0.00310%
Margin MoneyMinimum Rs.15,100

Know how to access customer accounts with the following table.

The annual maintenance of trade account is free.

  • The demat account is used  for the purpose of  transferring stocks and  collecting stocks sold. Demat AMC cost is 310.
  • Maheshwari Financial securities sub broker charges for account opening charges are very nominal of Rs 310.
  • The trader is obliged to pay transaction charges for every transaction, and it is 0.00310%.
  • The margin is the difference between value of an investor’s total securities and a broker’s loan, for trading with Maheshwari Financial securities sub broker margin money is Minimum Rs.15,000.

Benefits of Maheshwari Financial Partner Program

The Maheshwari Financial Sub-brokers program is beneficial for the sub-brokers as –

  • Advantage of being associated with brand Maheshwari Financial security service.
  • Access to our research, which help to trade to clients and help franchisee to sustain their clients.
  • Wide product range suite for customer service.
  • Support with the values of the Maheshwari Financial security service.

MIS and back-office reports accessible for the convenience of their Business Partners


Become a Sub Broker with Maheshwari Financial – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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