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Motilal Oswal Demat Account Charges, Review, Opening


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Motilal Oswal Securities ltd is subsidiary of Motilal Oswal Group, a Mumbai based diversified financial service provider.

Motilal Oswal Securities Ltd (MOSL) offers Stock Trading, Commodity Trading, Currency Trading, Depository Services, Mutual Funds, IPO, Bonds etc. services. MOSL offers these services to customers including Retail Customers, High Net worth Individuals HNI, Foreign Institutional Investors FII, Financial Institutions and Corporate Clients.

As of Nov 2016, Motilal Oswal group has over 7.5+ lakhs customers. Company has presence in 500+ cities across India though a network of over 2200+ branches.

Motilal Securities offer 2-in-1 accounts which includes trading account and a demat  account.

Motilal Oswal Securities Depository Services (Demat Account) offers DP services through National Securities Depository Ltd (NSDL) and Central Depository Services Limited (CDSL). Motilal Oswal Securities became the Depository Participant of NSDL and the Depository Participant of CDSIL in year 2000.

Motilal Oswal Demat Account Key features

  1. Eight different demat account schemes to suite customers need. Customer has to choose between higher transaction (trx) charges or Annual Maintenance Change (AMC). It's possible to switch between schemes anytime.
  2. Get Lifetime Free AMC Demat Account with only transaction scheme (Scheme A - YR081). Customer has to pay higher transaction charges (Rs 30 per transaction) in this scheme.
  3. In case of AMC scheme pay-in transaction for shares sold within MOSL are free.
  4. Dividends credited automatically in linked bank account.
  5. Hold shares and mutual funds in the same demat account.
  6. Customer services through local branches, sub brokers and franchises.
  7. Facility to convert physical share certificate to demat through branches.

Motilal Oswal DP Account Additional Charges

  1. Interest is charged, if the bills are not paid by due date.
  2. Any extra statement is charged at Rs 25 per statement for one page and thereafter at Rs 2 per page.
  3. Pledge Creation/Closure/Invocation is charged at Rs 35 per request.
  4. Dematerialisation: Rs 50 per request + Rs 50 per certificate
  5. Rematerialisation: Rs 35 per certificate or per 100 shares and part thereof whichever is higher and Rs 25 per Request of SOA/Redemption.

Motilal Oswal Demat Account Opening Charges

To open a new Demat account with Motilal Oswal, the customer may have to pay Demat account opening charges. The broker may also charges Annual Maintenance Charges (AMC), a yearly fee to maintain the Demat account.

ServiceCharges
Demat Account Opening FeeRs 0
Demat Account Annual Charges (AMC)Rs 400 (Free for 1st Year)

Motilal Oswal Demat Charges

Motilal Oswal trading and demat account opening charges are Rs 0 (Free). Motilal Oswal charges Rs 400 (Free for 1st Year) per year demat account AMC. Motilal Oswal demat debit transaction charge of Rs

0.025% or Rs 30

per debit transaction.

ID Transaction Charges
1 Demat Account Opening Charges Rs 0 (Free)
2 Transaction Charges (Buy)
3 Transaction Charges (Sell)

0.025% or Rs 30

4 Annual Maintenance Charges (AMC)

Rs 700 p.a.

5 Demat + Courier charges

Rs 50 per certificate + Rs 50 per request

6 Remat

Rs 35 per certificate or per 100 shares and part thereof which ever is higher + 25 courier charges

7 Pledge Creation

Rs 35 per request

8 Pledge Creation Confirmation

Nil

9 Pledge Invocation

Rs 35 per request

10 Failed Transactions

Nil

11 Other Charges

Demat Rejection: Rs 50 per request

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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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