How to Open Demat Ac with Motilal Oswal

Motilal Oswal is a renowned stockbroker in the country and it is one of the largest and most famous broking houses as well. A wide range of investment options that come with the Motilal Oswal Demat Account, makes the life of the investors much easier.

In this article, we will break down the process for opening a Demat and trading account with Motilal Oswal and the features and advantages of the accounts.

Moreover, you will also learn and learn about the various charges that are there on these accounts, like the annual maintenance fees or the account opening charges and others.

Features of Motilal Oswal Free Demat Account

1. Get  Zero Annual Maintenance Charges (AMC) for a lifetime.

2. Investors can get customized investment plans with just one click.

3. Investors can get a wide choice of asset classes to invest in.

4. The company offers in-depth analysis from experts on daily, weekly and monthly reports from across the asset class and provides a bit of solid advice to its customers. It has a dedicated research team that works on large-cap, mid-cap stocks.

How to Open a Motilal Oswal Demat Account?

To Open Motilal Oswal Demat Account you have to –

  • Click on the button that you see here – Open Demat account.
  • A form will pop up. Fill the form with the details that are asked in the form. Submit it.
  • You will get a call from Motilal Oswal executive, he will share a Motilal Oswal EKYC Link.
  • Then you have to upload the documents which are required for the KYC purpose or verification purpose as you call it. You will need to upload a scanned copy of PAN, AADHAAR, Cancelled Cheque and your photo.
  • Once these documents are uploaded, you will get a call from the Motilal Oswal executives, your documents will be verified at their end and then you will receive the login credentials in your registered email.

Motilal Oswal Demat Account Charges

Demat Charges [One Time]Rs 0
Demat AMC [Yearly]Free (Rs 400 2nd year onward)
Margin Money75% Margin
Trading Charges [One Time]Rs 0
Trading AMC [Yearly]Rs 0

Annual Maintenance Charges(AMC)

The Motilal Oswal AMC is Rs. 400 for the Demat account at its maximum. It can be free as well if you get offers as such and the brokerage house provides such offers frequently.

There are no maintenance charges on the trading account, so your yearly expenses on the accounts are not there with Motilal Oswal.

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