FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
|
893,218 Clients
Motilal Oswal Account Opening Enquiry
FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes.
Motilal Oswal Securities Ltd is a subsidiary of Motilal Oswal Group, a Mumbai-based diversified financial service provider. The company offers financial services such as - Stock Trading, Commodity Trading, Currency Trading, Depository Services, investment in Mutual Funds, ready-made portfolios and stock baskets, IPO, Bonds etc. Along with these services, the company is renowned for its research, which has helped them gain a spot amongst the best stockbrokers in India. These services are availed to customers including Retail Customers, High Net worth Individuals (HNI), Foreign Institutional Investors (FII), Financial Institutions and Corporate Clients.
As of Nov 2023, Motilal Oswal Group has over 50+ lakh customers and is present in over 500 cities across India through a network of over 2200 branches.
Motilal Oswal offers a 2-in-1 Demat account that includes Trading and Demat accounts.
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 CDSL in the year 2000.
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.
Service | Charges |
---|---|
Demat Account Opening Fee | Rs 0 |
Demat Account Annual Charges (AMC) | Rs 199 (Free for 1st Year) |
Motilal Oswal Demat Charges
Motilal Oswal trading and demat account opening fees are Rs 0 (Free). Motilal Oswal charges Rs 199 (Free for 1st Year) per year demat account AMC. Motilal Oswal demat debit transaction fee of 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 199 (Free for 1st Year) |
5 | Demat + Courier charges | Rs 100 per certificate + Rs 50 per certificate |
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 or 0.02% (whichever is higher) as per ISIN request |
8 | Pledge Creation Confirmation | Nil |
9 | Pledge Invocation | Rs 35 or 0.02% (whichever is higher) as per ISIN request |
10 | Failed Transactions | Nil |
11 | Other Charges | Demat Rejection: Rs 50 per request |
This is a limited-time offer. Simply Open your FREE Demat Account in 5 Minutes.
Motilal Oswal is a stock brokerage firm operating in the Indian market. The company is registered with both CDSL and NSDL. These are the two central securities depositories.
Customers can choose either of the two depositories while opening their demat account with Motilal Oswal.
A demat account is an online account that contains the details of all your securities holdings and manages them in their dematerialized form.
Motilal Oswal offers reliable and fast services related to stock trading, including the quick opening of a Demat account. The Motilal Oswal Demat account is a secure account for the safekeeping of your securities. The account comes with the trust of a trusted stockbroker. Some of the features of the Demat account are:
If these two points are met, traders can proceed directly to closing their account:
If you have some securities in your demat account, first transfer them to another Demat account and then close the account.
To close a Demat account online, follow these steps:
To deactivate or close Motilal Oswal Demat account:
One can add nominee names through the account opening forms while opening a Demat account. Nominee names can also be added, altered, or removed at a later stage by submitting an Annexure 1A form.
The account representative may add 3 nominees to the same demat account. If there is only one nominee, all securities will be transferred to him/her. If there is more than one nominee, the beneficiary of the account can decide whether the securities in his/her account should be distributed proportionally.
Adding a nominee is not mandatory, but it is advisable to add it. It saves trouble in many situations.
Motilal Oswal Account Opening Enquiry
FREE Account Opening + FREE Intraday Trades + FREE Personal Advisor & Research + FREE for 1st Year Demat AMC Open your FREE Demat Account in 5 Minutes.
Information on this page was last updated on Wednesday, May 29, 2024
Add a public comment...
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
|