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Motilal Oswal Open Account | Account Opening Process Review

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Motilal Oswal Account Opening Charges 2020

Transaction	Charges
Motilal Oswal Trading Account Opening Charges	₹0
Motilal Oswal Account AMC Charges	₹0
Motilal Oswal Demat Account Opening Charges	₹0
Motilal Oswal Demat AMC Charges	Free (₹400 2nd year onward)

Incorporated in 1987, Motilal Oswal Financial Services Ltd. is Mumbai India based financial service provider offering products and services including Retail Stock Broking, Commodity Broking, Currency Brokering, Institutional Broking, Asset Management, Investment Banking, Home Loans, Wealth Management, Depository Services, Mutual Funds, IPO etc.

Motilal Oswal Securities is the retail broking arm of Motilal Oswal Financial Services Ltd offering broking services to retail investors in India. With over 2200+ outlets, retail brokerage is one of the key business of Motilal Oswal Group.

Facts About Motilal Oswal Group (As of Nov 2016)

Number of customers: 7.5 Lakhs
Number of outlets: 2200+
Presence in number of cities: 500+
Q2FY17 Consolidated Revenues of Rs 461 Crore
Q2FY17 Profit After Tax PAT of Rs 102 Crore

Motilal Oswal offers 2-in-1 account (trading + demat account). Customer has option to open just the trading or demat account.

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 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 Motilal Oswal website and click on '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 - Its 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 (24x7)
- Trade within 15 minutes of Account Application - Once the supporting documents are received, start trading in just 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 any one 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.

Motilal Oswal Account Opening Specials

Motilal Oswal offers 1 month free trading when you open an Online Trading + Demat Account with MOST online. Account opening fee worth Rs. 500 will be waived off which is one-time payment if account activated between Nov 1st 2016 To Nov 30th 2016.

Motilal Oswal Account Opening Status

If you have filled account opening form online, you can check the status at any time. Simply visit the account opening page.

For account opening form submitted with the branch office, please call your sales representative who helped you with filling the form or visit local MOSL branch.

Motilal Oswal Account Opening Forms

Online Account Opening is the most convenient way to open account with Motilal Oswal.

Motilal Oswal trading and demat account opening form pdfs is also available online. Visit the download section of the MOSL website to download the form.

You could also contact the sales advisor of Motilal Oswal or visit local branch to get the account opening forms.

Motilal Oswal Account Closure Procedure

Easiest way to close Trading and Demat Account with Motilal Oswal is by visiting the nearest Motilal Oswal branch and submit a duly filled Account Closure Form.

Make sure all the pending payments are clear before submitting the account closure from.

Motilal Oswal Special Offer

Get Zero AMC for Lifetime

Motilal Oswal offers Zero AMC for Lifetime Demat Account (₹400 waived) with ₹25k margin or ₹3k prepaid value pack. Also avail ₹3k woth of discount vouchers, ₹1000 worth of Me-Gold, free access to research & advice and free use of trading platform.

This is a limited time offer. Simply leave your contact information with us and Motilal Oswal representatives will contact you.

Frequently Asked Questions

1. Why Open Demat Account with Motilal Oswal?
- Research & Advice
  Motilal Oswal offers 30,000+ research reports across 230+ companies and 21+ sectors. Get recommendations at your fingertips with actionable strategies.
- One Stop Financial Store
  Trade in Equity, Commodity, Currencies, IPO, Mutual Fund etc. from one platform. Trade across exchanges BSE, NSE, NCDEX, MCX.
- Trading Across all Devices
  Powerful, fast & secure technology across all platforms - Mobile, Tablet, Desktop, and Web.
- Open Free Demat & Trading Account
  Open 100% paperless trading and demat account. Open account in just 15 mins. Pay zero Demat Account opening & No AMC for the first year.
- Customer Service
  Dedicated Advisors for all your trading needs. Call & Trade available to all customers.
- Trusted Broking House
  Motilal Oswal is among the most trusted broker with 30 years of experience.
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2. How to close Motilal Oswal Demat account?
As per the SEBI regulations, the DP will freeze your MOSL demat account if your account has remained idle for over 3 years and there are no transactions.
If you do not intend to use your demat account, it's advised to close it to avoid maintenance charges.

Before closing the account below things have to be taken care by account holder:
1. There should not have any debit balance in your account. The account holder has to pay the outstanding dues to process the closure request.
2. There should not be any stocks in demat account. If there are any, they have to transfer in other DP account.
To close the Motilal Oswal demat account:
- The customer has to download the form from their website
- Print it, fill it and sign it and submit it to your nearest branch
After submitting to the branch, they will take appropriate action to close the account. It normally takes 7 to 10 days to close your account. There is no account closing fee charged from Motilal Oswal.
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