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Flat ₹20/trade Intra-day/F&O
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Motilal Oswal Securities Ltd is the Depository Participant (DP) with CDSL. Motilal Oswal Securities Ltd Demat charges details includes account opening charges & Annual Maintenance Charges (AMC), transaction charges, Demat and Remat charges, pledge charges, failed Instruction charges and other charges.
Transaction | Charges |
---|---|
Trading Account Opening Charges | Free |
Trading AMC | Free |
Demat Account Opening Charges | Free |
Demat AMC | Rs 400 per annum [Free for 1st year] |
# | Type | Details |
---|---|---|
1. | DP Source | CDSL |
2. | Demat Account Annual Maintenance Charges(AMC) | ₹400 pa |
3. | Statutory Charges (Stamp Charges payable upfront) | Nil |
4. | Advance Deposit | NIL |
5. | Transaction Charges (Market Trades) | |
Buy (Receive) | ₹ 0 | |
Sell (Debit) | 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) | |
6. | Demat & Remat Charges | |
Demat | ₹50 per certificate + ₹50 courier charges | |
Remat | ₹35 for every hundred securities or ₹35 per certificate (whichever is higher) + ₹25 courier charges | |
7. | Pledge Charges | |
Pledge Creation | ₹35 | |
Pledge Creation Confirmation | Nil | |
Pledge Closure | ₹35 | |
Pledge Closure Confirmation | Nil | |
Pledge Invocation | ₹35 | |
8. | Failed Instruction Charges | Nil |
9. | Other Charges Demat | Nil |
10 | Remarks | Nil |
The complete process for closing an account takes approx 5-7 trading days after DP receives your trading account closing request form.
No, Motilal Oswal does not take any charges for closing a Demat account. You can close your Demat account anytime you want without paying anything.
Motilal Oswal Demat account benefits :-
User-friendly trading platform and advanced trading feature free of cost.
The online service for deactivating Motilal Oswal Demat account is not available. For closing the Demat account you need to download the account closure form and then courier it to the MO branch office or head office.