Becoming a Bank of India Mutual Fund Distributor is an excellent opportunity for financial professionals and aspiring entrepreneurs looking to enter the mutual fund distribution business.
With Bank of India, as one of the fastest-growing investment platforms in India, you can start your journey as a Bank of India Mutual Fund Seller and earn attractive commissions by referring clients to invest in mutual funds.
The company offers a fully digital process, making it easy to onboard and manage clients. As a Bank of India MFD, you can leverage its strong brand reputation and robust technology to build a successful business.
What are the Business Requirements for Bank of India Mutual Fund Distributor?
Overall Investment
Commission Range
Avg. Monthly Profit
Area in Sq. Ft.
No. of Employees
Breakeven Time
Payout Time
Total Distributors
Type of Distributor
NISM Certificate
ARN Generation
How much is Bank of India MFD Cost?
Distributorship Fees (One Time)
Office Expenses (Monthly)
How much is Bank of India Mutual Fund Distributor Commission & Referral Bonus?
Revenue Sharing
Per Client Acquisition
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What are the Expected Earnings from Bank of India Mutual Fund Seller?
Active Lumpsum Clients
Avg. AUM per Client - Lumpsum (Rs.)
Total AUM - Lumpsum (Rs.)
Active SIP Clients
Avg. AUM per Client - SIP (Rs.)
Total AUM - SIP (Rs.)
Total AUM (Rs.)
Distributor's Share (Rs.)
New Client Acquisition
Client Acquisition Income (Rs.)
Total Distributors Income (Rs.)
Total Expenses (Rs.)
Distributors's Net Profit (Rs.)
Net Profit Margin
Does Bank of India offer an MF Advisor Dashboard or App?
Web or App Dashboard
What is the Eligibility Criteria to Start Bank of India MFD Business?
Age
Nationality
Academic Qualification
NISM Certificate
ARN Generation
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What Documents are required to Become a Bank of India Mutual Fund Distributor?
Distributorship Agreement
Identity Proof - Aadhaar
Address Proof - Aadhaar / Rental Agreement
PAN
Passport Size Photo
Bank Account Details
Bank Cancelled Cheque