Motilal Oswal Franchise Review

Motilal Oswal Franchise is one of the most renowned stock broking franchise in the country. To become a Motilal Oswal Authorized Person or a Motilal Oswal Sub-Broker, it is crucial for you to have all the relevant details regarding the cost involved, the features, the profit sharing program, or any other aspect crucial to the franchise program.

Motilal Oswal Franchise is one of the most renowned stock broking franchise in the country.

To become a Motilal Oswal Authorized Person or a Motilal Oswal Sub-Broker, it is crucial for you to have all the relevant details regarding the cost involved, the features, the profit sharing program, or any other aspect crucial to the franchise program.

There should be a deep analysis of Motilal Oswal Sub Broker Offers, Motilal Oswal Franchise Commission Model, the franchise cost and other important features of Motilal Oswal Authorized Person Program.

About the Motilal Oswal Franchise

Motilal Oswal is one of the reliable brand names in the field of stock broking in India. Hence, it is a popular choice among sub-brokers looking for a profitable and credible franchise plan.

The prime factor that makes Motilal Oswal Franchise popular among sub-brokers is the support it provides to its clients. The other reason that adds to the franchise model is multiple business options and the level of flexibility that one enjoys as a sub-broker of Motilal Oswal.

Motilal Oswal as a stock broker deals in a host of financial products and services, including equity, commodities, derivative instruments, currency, and other investment instruments like SIP, mutual fund, IPO investments, insurance and many more.

Motilal Oswal has a vast variety of services like Demat account, online trading account, intraday trading and more, and hence the business opportunities for the sub-brokers are multiplied. Motilal Oswal Franchise or Motilal Authorized Person Program has a widespread network of around 1500 sub-broker offices in approximately 500+ cities in India.

According to the new guidelines published by SEBI, all the existing sub-Brokers will be converted into an Authorized Person. The roles, responsibilities, and the business model of Motilal Oswal Authorized Person will remain the same as that of Sub-Brokers. It is only the registration process differs that makes the process much quicker and easier.

Motilal Oswal Franchise Review and Rating

Offline Presence  7.5/10
Market reputation  8.0/10
Brand Equity  7.5/10
Revenue sharing  8.0/10
Reliability  7.5/10
Experience  6.0/10
Products and Services  7.5/10
Holistic Support  8.0/10
Overall Rating  7.2/10

Types of Business Models

There are four types of business models to their partner, including:

  • Franchise/Sub-Brokership/Authorized Person
  • Remisier
  • Employee to Entrepreneur Program
  • Channel Partner

Motilal Oswal Franchise Review/ Motilal Oswal Sub-Broker/ Motilal Oswal Authorized Person

It is a general franchisee model where the franchisee acts as a retail store for the Motilal Oswal. The candidate under this business model is required to undertake the roles and responsibilities of an entrepreneur or a businessman. The candidate thus enjoys the benefit of the Motilal Oswal brand name.
The responsibilities that remain with the client include identifying opportunities, talking to the potential clients, retaining the clients, and making the clients invest in more variety of assets, and undertaking the trading/investing on behalf of the client.


  • The candidate gets the opportunity to associate with a renowned and reputed brand in the field of stock broking.
  • Motilal Oswal offers a wide range of products and services to its customers to ensure that the franchisee has a large client base.
  • Every franchisee holder gets a dedicated relationship manager for regular support and assistance.
  • Specific clients are eligible for special packages and customization of services.
  • The candidates get the assistance in setting up the workplace.
  • The candidate gets training in all the sectors.

Motilal Oswal Employee to Entrepreneur Program

This model is specifically for the people who are already employed with a stock broking firm. Under this business model, the terms of arrangement might differ on account of the candidate’s previous experience in the field of broking.
As the name suggests, under this business model, the employee turns into a business partner, and hence the growth opportunities under this programme are completely dependent on the candidate and not on his employer.
This is one of the prime reasons why most of the candidates who possess outstanding performance usually opt for this model. This model helps the candidates earn money for themselves and not for their employer.


  • This business model offers a huge career progress
  • The candidate works directly on his progress, and hence the dependency on the performance of the whole organization is reduced
  • The candidate gets direct earnings
  • The candidate has the independence to set his own procedures and ways of doing business
  • It can be opted for as an extra source of income against the fixed salary

Motilal Oswal Remisier

Almost all the brokerage houses are now offering this franchise model for the sub-broker candidates. The candidate acts as a referrer under the remisier model.
Since the candidate acts as a referrer, he is not required to take up large parts of responsibilities. The role of the remisier is thus limited to that of an introducer. Rest of the job is done by Motilal Oswal’s executives.
This model is thus suitable for the candidates who do not wish to set-up a full-time facility and are only looking for an extra source of income.


  • This model acts as an additional source of income
  • It is suitable for candidates looking forward to earning a substantial income and results with minimum efforts.
  • There is no dependency on the external factors
  • The registration formalities for this model are the least

Motilal Oswal Channel Partner

This business model is suitable for sub-brokers who are dealing in a limited range of products like equity or only derivatives. Thus, it is suitable for franchise holders who wish to cater to a wider range of clients by increasing his product portfolio. By becoming a Motilal Oswal Sub-Broker under this model, the franchise holder can increase their opportunities and revenue or say can multiply their earnings.


  • Suitable for the sub-brokers looking forward to upgrading their business
  • It allows an addition of a wide range of products and services to the existing offerings
  • The sub-broker is able to offer new services to the clients
  • This business model comes with an opportunity to multiply one’s earnings

Motilal Oswal Sub-Broker Commission

Motilal Oswal follows a progressive revenue sharing model wherein the ratio and the revenue depends upon the revenue generated. The higher the revenue, the higher the ratio of profit sharing, is what the company follows. But in certain cases, there is also a fixed revenue sharing ratio.
The revenue sharing model or commission model differs for each sub-broker model. This is also because each model carries a different set of risks and responsibilities and hence the earnings for each model differ.

The Commission ratio for the different sub-broker models is as follows:

Motilal Oswal Franchise: The revenue shared under this business model ranges somewhere from 60% to 80%. The median revenue is of 70% that comes from the clients.

Motilal Oswal Employee to Entrepreneur: The ratio of revenue shared under this business model also ranges from 60% to 70%. The ratio is in line with that of the Franchise model as the function, roles and responsibilities, as well as the risk involved, is similar to that of the Franchise Model.

Motilal Oswal Remisier: A remisier plays only an initial part of the entire business cycle and thus is referred to as a limited contributor to the business cycle. The revenue shared under this model is limited to a maximum of 20% on an average.

Motilal Oswal Channel Partner: Channel partner is a person who already has an existing client base and caters them now with an increased range of products and offerings. Since the channel partner brings with it a large client base, the revenue shared under this business model is the highest. The revenue ration for this business model ranges somewhere from 70% to 90% with an average of 80%.

Motilal Oswal Commission Sub Broker Commission
Motilal Oswal Sub Broker / Motilal Oswal Authorized Person 40% – 20% 60% – 80%
Motilal Oswal Employee to Entrepreneur 40% – 30% 60% – 70%
Motilal Oswal Remisier 85% – 70% 15% – 30%
Motilal Oswal Channel Partner 30% – 10% 70% – 90%

Motilal Oswal Franchise Cost

Just like any other franchise model, Motilal Oswal franchise also calls for a certain amount to be deposited as security and for the investment infrastructure. The security deposit is mandatory, which is used by the company in case the sub-broker commits any fault and required to be monetarily penalized as per SEBI’s directions.

The security amount differs from one business model to another and ranges between Rs.10,000 to Rs.10 lacs. There are various other factors that influence this amount of security deposit.

Motilal Oswal Sub-Broker Infrastructure Set-Up
The infrastructure set-up is necessary for every sub-broker. This includes setting up a decent workplace, an office set-up, few workstations, a trading terminal setup, telephone connections, internet connectivity, etc.
The infrastructure setup is not required in case of a remisier as they are not required to contact much with the customers.
The investment amount for the franchise ranges somewhere from Rs.1 lac to Rs. 5 lac depending upon factors like whether it is tier 1, tier 2 or tier 3 city, the category of clients it is serving, the projected revenue, etc.

Motilal Oswal Franchise Security Deposit Amount

Motilal Oswal Sub Broker / Motilal Oswal Authorized Person INR 25,000 – 100,000
Motilal Oswal Employee to Entrepreneur INR 25,000 – 100,000
Motilal Oswal Remisier INR 10,000 – 25,000
Motilal Oswal Channel Partner INR 100,000 – 1,000,000

Conclusion – Motilal Oswal sub broker franchise review

Before becoming a Motilal Oswal Partner, it is crucial for you to read the complete Motilal Oswal sub-broker franchise review. There are four different business models offered under Motilal Oswal Franchise, and hence you need to choose the one that suits your investment, risk, and revenue objectives. Compare all the four business models well for their investment cost, security deposit, benefits, the revenue each of them offers, and the roles and responsibilities you will be required to perform and then choose accordingly.

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