Table of Contents
About Motilal Oswal Demat Account
Motilal Oswal Financial Services Ltd. is Mumbai, India based financial service provider. It offers products and services including Retail Stock Broking, Commodity Broking, Currency Brokering and many more.
Why Open Motilal Oswal Trading Account?
The various reasons to open Motilal Oswal Trading Account is mentioned below –
Advisory Service
| Available for all asset classes |
| For all devices – Mobile, Tablet, Desktop, & Web |
| Advanced tools & strategies for various requirements |
Leading Broker in India
- Best Performing Equity Broker (in India) by CNBC TV18 – Financial Advisor Awards (4-times)
- 30+ years of wealth creation and expertise
- 10 lakh+ customers, 2200+ locations, 550+ cities
Research Services
- Best Market Analyst for IT and FMCG sector
- Over 30000 research reports across 240 companies and 25 sectors
- Dedicated technical research teams for mid-cap and large-cap
- Availability of various reports across asset class
- LIVE streaming quotes on the website and technical charts help taking right decisions
Product & Services
- All kind of trading & investment solutions are available at one stop (right from equities to Insurance)
- You can trade across exchanges like – BSE, NSE, NCDEX and MSEI
- All products are backed by the proper research & advice
- Highly skilled dedicated advisors. Call & Trade desk are also available
Motilal Oswal Account Opening
To trade-in equity, commodity or currency, you need a trading account with Motilal Oswal.
Motilal Oswal offers 2 easy way to open an account:
Online Account Opening:
Motilal claims to be India’s first 100% paperless account opening process. You can open an online 2-in-1 account (Trading & Demat Account) in just 15 minutes. This is the easiest way of account opening in the brokerage industry in India. Visit the Motilal Oswal website and click on the ‘Open an Account’ button and fill the online application. Benefits of opening accounts online
- Instant Account Opening – Open an account in just 15 minutes
- Convenient – Transfer funds through Net Banking or Debit Card
- Secure – It is a secure way to account opening
- Intuitive – If you have done eKYC with some other financial institution, your KYC form is automatically filled.
- Real-Time Tracking – Fill or update account opening form anytime (24×7)
- Trade within 15 minutes of Account Application – Once the supporting documents are received, start trading in just a few minutes.
Visit Local Branch or Sub-broker Office:
Motilal Oswal has local offices (branch, sub-brokers, and franchisee) in over 500+ cities across India. You can also open an account with anyone of them. Find the local branch or office of a Motilal Oswal sub-broker and give them a phone call. They will arrange a personal visit, demo and account opening for you.
How To Open Demat Account
You can open a Demat account with no shares at all. It does not require any minimum balance. The first step towards opening a Demat account is to select a DP, fill up the account opening form, and submit the document. Having a PAN card is a compulsory requirement for opening a Demat account. We explain here the rest of the steps.
- Once you submit the form, you will get a copy of the rules and regulations, terms of the agreement, and the charges you will incur.
- In-Person verification is also necessary. A member of the DP staff will contact the individual to verify the details provided in the account opening form.
- After the verification, the DP person will provide an account number or client ID. You can also check these details by checking your account details online.
- You have to pay an annual maintenance fee for a Demat account. This fee covers the account transaction charges. The fee is levied for debiting securities to and from the account on a monthly basis. The charges are subject to your choice of the DP. Some DPs charge as per the amount of the transaction while the others charge a flat fee which is the same for every transaction. The fee can also vary on the type of transaction (buying or selling). There can be another fee for converting the share into physical form or vice-versa.
Motilal Oswal Demat Account App Login
It is one of the best mobile trading apps in the country. It provides multiple features like Buy, Sells, Short Sell, Stop Loss, Trigger. And many advanced features like Watchlist, Graphical Analysis of each stock, Portfolio & more.
Here we will go through Motilal Oswal Login Process now –
- Open a Demat Account, then you will receive your client id & password
- Download the App from Play Store or App Store, as per your mobile OS
- Launch the App & input your details like your client id & password
- You have to generate a 2FA password as well, generate the same & use it for login
Motilal Oswal Demat Account Web Login
Here the process is even simple as you don’t have to download any App into your phone. Let’s check the process here.
- Very 1st step is to open a Demat Account with Motilal Oswal
- You will receive your client id & password
- Use the client Id & password to login
- Also, generate a 2FA password or if you already have one, you can use the same to login
Motilal Oswal Demat Account Charges
Motilal Oswal offers PMS (Portfolio Management Service). Over the past few years, the company’s PMS has seen a high performance. Today, MOSL PMS is a top-rated portfolio management service in India.
Motilal Oswal minimum deposit
There is no minimum deposit requirement when you open a trading and Demat account with Motilal Oswal. You need to pay account opening charges and Demat AMC, if applicable. Once your account is up and ready you need to transfer funds to trade.
Motilal Oswal hidden charges
| Charges | Amount (in Rupees) |
| Trading Account Opening Charges (One Time) | 0/- |
| Trading Annual Maintenance Charges AMC (Yearly Fee) | 0/- |
| Demat Account Opening Charges (One Time) | 0/- |
| Demat Account Annual Maintenance Charges AMC (Yearly Fee) | Free (₹400 2nd year onward) |
Demat Account Charges
| Charges | Amount (in Rupees) |
| Account Maintenance Charges (AMC) | 550/- |
| Account Administration Charges (AAC) | 199/- |
| Dematerialization (In all schemes) | 50/- per request + 50/- per certificate |
Motilal Oswal Demat Account Advantages
| Varieties of Investment Choices–Derivatives, IPOs, Equity or Mutual Funds. |
| Many Discounted Brokerage Schemes offer true value for money. |
| Ease of Operation with 39 plus banks for Fund Transfers. |
Motilal Oswal Demat Account Disadvantages
Looking for flaws on Motilal Oswal as a full-service brokerage firm is like looking for a needle in a haystack. Nevertheless, they still have a few things that can be rectified:-
| They do not provide any kind of chat support for their respective traders and investors. |
| They do not provide any Free Stock Tips whatsoever. |
Conclusion
Motilal Oswal is undoubtedly one of the best brokerage firms India has ever had in the history of wealth trading. Their continued efforts at developing new techniques, products, and services to help their respective customers are sure to keep them that way even in the near future.
Motilal Oswal Demat Account
