Open Motilal Oswal Account (Motilal Oswal Account Opening Process, Documents and Charges)

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Motilal Oswal Account Opening Charges 2023

Motilal Oswal account opening charges are Rs 0 (Free) for a trading account and Rs 0 for Demat account. Motilal Oswal charge Rs 400 (Free for 1st Year) AMC for Demat account.

Trading Account Opening ChargesRs 0 (Free)
Account AMC ChargesRs 0
Demat Account Opening ChargesRs 0
Demat AMC (Yealy)Rs 400 (Free for 1st Year)

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:

  1. 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.
  2. 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.

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  Special Offer - Free Equity Delivery and Mutual Funds

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  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

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Frequently Asked Questions

  1. 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.


  2. 2. How to close Motilal Oswal Demat account?

    Motilal Oswal Demat account can be closed by submitting the duly filled paper form to the nearest Motilal Oswal office.

    Steps to close the Motilal Oswal account:

    1. Download the account closure form.
    2. Fill the closure form with the below details:
      1. Client ID.
      2. Trading Code.
      3. Names of the account holder.
      4. Address of the account holder.
      5. Reasons for closing the account.
    3. Send the form to their head office or physically submit it to the nearest office.

    Please ensure there are no holdings and negative balances in your account before initiating the account closure request.

    If there are any securities in your account, either sell them or transfer them to another Demat account by submitting an off-market instruction.


Zerodha (Trade with the best stock broker)

Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.

Information on this page was last updated on Sunday, October 30, 2022

Zerodha (Trade with the best stock broker)

Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.


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