Motilal Oswal Demat Account – Find Opening Process, Charges, AMC & more
Motilal Oswal is a renowned stockbroker in the country and it is one of the largest and most famous broking houses as well. With wide range of investment options that comes with Motilal Oswal Demat Account, makes the life of the investors much easier.
The Motilal Oswal Trading Account opens a door of opportunities in the stock market with the variety of services it offers and the facilities that are associated with these accounts.
In this article, we will guide you about the process for opening Demat and trading account with Motilal Oswal and their features and advantages of the accounts.
Apart from these, you will also read and learn about the various charges that are there on these accounts, like the annual maintenance fees or the account opening charges and others.
Motilal Oswal Demat Account
Motilal Oswal was established in the year 1987 which makes it a stock brokerage house with more than a history of three decades.
The traders who trade using Motilal Oswal Demat Account have always been satisfied with the quality of service provided by this stockbroker and here are some of the most important features of the broker’s different Demat accounts –
Multiple Investment Options
The first kind of Demat account that is offered to the traders is the Default Account that is suitable for the standard trading process.
This Demat account provides variety of investment options for the traders and every trader can find their own kind of investment options according to the risk appetite.
This account type is perfect for the traders who are casual about trading and not regular active traders and most importantly who are investing in the long term.
The Default Demat account offers investment in equities, currencies, commodities, mutual funds, fixed income instruments as well as in mutual funds. It also offers portfolio management services.
Motilal Oswal Value Pack Account
The next type of account that is offered by Motilal Oswal is known as Value Pack. This type of account is for the active daily traders who trade in bulk and thus need discounts on the brokerage charges to carry on their daily trades and make profit out of them.
Traders using this account type will be entitled to receive heavy discounts as per the pack they select. They need to subscribe to certain packages where the brokerages will vary according to the packages and thus it will help them reduce the brokerage compare do standard brokerage charges charged by the broker.
Motilal Oswal Margin Pack Account
The third type of Demat account that is offered by Motilal Oswal is called Margin Pack. This type of account is also suitable for daily traders.
The difference between this one and the Value pack is, here the package or the scheme is decided based on the margin money you keep in the trading account for trading.
You can avail various discounts on brokerage depending on the amount of margin and the package you have chosen.
Open Motilal Oswal Demat Account – Fill up the Form Now!
How to Open an 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.
Check out Demat Account Opening Process of other Brokers
Motilal Oswal Demat Account Charges
|Motilal Oswal Demat Charges|
|Trading Charges [One Time]||Rs 0|
|Trading AMC [Yearly]||Rs 0|
|Demat Charges [One Time]||Rs 0|
|Demat AMC [Yearly]||Free (Rs 400 2nd year onward)|
|Margin Money||75% Margin|
The Motilal Oswal Account Opening Charges is not there which means you can open an account with Motilal Oswal with zero Charges.
The Demat account is under the depositories which are CDSL and NSDL. With the Demat account, you can also dematerialize your existing shares and these features are not that common with other brokers.
Motilal Oswal AMC or Annual Maintenance Charges
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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Motilal Oswal Trading Account
The Motilal Oswal Trading Account offers a wide range of services and facilities –
Advantages of Motilal Oswal Trading Account
- The first advantage that you will get is the huge network and experience of the broker. The broker is in the industry for more than 30 years now and has built a huge network of financial professionals, sub-brokers, traders and investors.
- Trading platforms offered by the stock brokerage house is highly advanced, they have different types of trading platforms available for the mobiles, desktops, laptops.
- There are variety of financial instruments that you can trade. The stockbrokers give you the opportunity to trade fixed deposits instruments and IPOs as well apart from the regular financial instruments like the equities and commodities.
- There are different types of accounts for different types of traders and investors. As you saw above, there are value packs and margin packs for the traders who trade actively and required discounts on their brokerage.
- There are more than sixty banks that are linked with the trading account and Demat account of Motilal Oswal and you can transfer your funds using any of these banks and this makes your trading experience way smoother.
- The stockbroker being a traditional broker and one of the oldest in the market provides high-quality research on stocks and the market and you can avail all these research facilities when you open Motilal Oswal Demat account.
- You can trade by keeping only Rs. 10000 as the margin money which is comparatively very lower than another brokerage house of this scale.
- You get a free trading account and there is also no annual maintenance charge on it.
Motilal Oswal Demat Account Conclusion
The Motilal Oswal Demat Account though comes for free as there are no account opening charges, the services it provides and the quality of the same are really noteworthy.
Being one of the best stock brokerage houses in the country, it has all kind of financial instruments for trading and various trading platforms and different kinds of Demat account suitable for different investors.
Motilal Oswal Demat Account FAQs
Ques – How can I open Motilal Oswal Demat Account?
Answer – Search for the “Open Demat Account” button, which is situated at the bottom of this page. You will see a pop up when you click on the button. Fill your contact or any other details as asked in the form and submit it. You will now receive a call from the broker for the further KYC process.
Ques – Is Motilal Oswal Demat Free?
Answer – Yes, we can make a statement that this stock broking house is free. This is because, on one hand, the stock broking house has levied off the account opening charge and on the other you can also get your AMC waived off on certain conditions, as the charge is Free or Rs.400 per Annum.
Ques – What is Motilal Oswal Demat Charges?
Answer – Let us begin with the demat account opening charges, which in this case is waived off, i.e. there is no associated account opening fee. Well, as for the AMC or the account opening charge, it is Free or Rs.400 per Annum, i.e. the broking house can even waive it off.
Ques – Is AMC levied on Motilal Oswal Demat?
Answer – This is partially true, as firstly, you need to pay the charge of Rs.400 per Annum, while you can also get the AMC Free. This solely depends on the terms and conditions of the stock broking house, and you need to discuss it with them.
Ques – Is Motilal Oswal’s Demat Account best?
Answer – Yes, this stock broking house has been in the market from a while and you get the services of one of the most stale stock broking houses, if you go for the Motilal Oswal Demat Account. They provide ample of facilities and also they are in their best stature.
Ques – Does Motilal Oswal provide Demat a/c?
Answer – Yes, there is a provision of the demat account from Motilal Oswal’s end. You can seamlessly avail for this account from this page and avail for the demat account related products and services that the stock broking house provides.
Ques – What Documents required for Motilal Oswal’s Demat?
Answer – The list of documents as required for the process of account opening are Aadhaar card, PAN card, passport size photograph and cancelled cheque. This is subject to further addition as per the demand of the stock broking house Motilal Oswal.
Ques – Is Aadhaar Compulsory to Open Motilal Oswal Demat?
Answer – Yes Aadhaar card is a necessary documents which is required for the process of opening a demat account. in a way of two, you get to firstly prove your identity, and then you will also be able to digitally sign in the end declaration of KYC form.
Ques – Is PAN required for Opening Motilal Oswal Account?
Answer – Yes, PAN is essential since you have to link all the three account required for the process of trading, i.e. the trading account, demat account and also the saving bank account. The PAN card provides you with the facilitation of linking them all.
Ques – Do they Charge Demat Account opening Fee?
Answer – No, the stock broking company has put the charge at Zero and have kept their demat account open for anyone who wish to invest in the capital market. There is a manner in which the stock broking house works and it is has the structure where the opening charge is free.
Open Motilal Oswal Demat Account – Fill up the Form Now!
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