Motilal Oswal, top-ranked research provider is a leading stock brokerage house in the Indian financial market. The Company cover 27+ sectors and 250+ individual companies in their research portfolio. An advisory team of MO is a dedicated team and gives timely advice and restructure equity and MF portfolio on a timely interval. Motilal Oswal Investment Services is a six-time winner of Best Performing Equity Broker (National) by UTI-CNBC TV18 Financial awards. The broker caters to investors with its 30 years of wealth creation driven by the philosophy of solid research and reliable advice.
Motilal Oswal offers 2-in-1 account i.e. Trading and Demat Account. Only trading or demat account can be opened too.
Motilal Oswal open Account process can be done by three ways:
Follow the underlying procedure to open an account online with Motilal Oswal:
Another way to open account with MOSL is the physical form filling and sending it to the office. The steps are as follows:
You can visit any of the Motilal Oswal branches nearby to you and fill up the account opening form available with the company executive.
With MOSL, you can track your online application status. Usually the process will take 24 Hrs to 48 Hrs. Track your application at https://ekyc.motilaloswal.com/ekycverifier/trackapplication.aspx?PANNO=
The account opening form for trading and demat account can be obtained the download page of Motilal Oswal Website. You can visit near by branch also or request a form over phone to customer care team.
As per the SEBI Regulations, the Demat and trading account at Motilal Oswal will be frozen if the account has remained idle for over three years and there have been no transactions in the duration. If the account is not intended to be used, it is advisable to close the account to avoid maintenance charges. The client must take care of the following things before closing a demat and trading account:
To close the account, there are no online process, you need to submit account closure application in physical format only.
Download the Account Closure Form from the company's website. The form has to be printed, filled, signed and submitted at the nearest branch or send to corporate office.
Once the form has been submitted, the company will take appropriate action to close the account. Usually, it takes around 7 to 15 working days to close an account. There is no account closing fee charged to close Demat and trading account at Motilal Oswal.
A dormant account can be reactivated at Motilal Oswal. You need to submit a physical application for reactivation process. The Account Activation Form is available on company's website or can be request over phone to customer care team.
Motilal Oswal Securities Ltd and Motilal Oswal Commodities Broker Pvt Ltd are part of the Motilal Oswal group. Motilal Oswal Group is known for its Research and Advisory services in the financial industry. It is equipped with a solid research team, best in class trading platform, easily reachable customer service, PAN India presence with 600+ branches and competitive higher margin/leverage products. All this makes Motilal Oswal a reliable and loyal name in the trading industry.
To open a new trading account with Motilal Oswal, you can choose online (paperless) account opening using online platform by Motilal Oswal. For offline mode, please contact nearest branch office.
Motilal Oswal Account Opening Offer – Rs 2000 worth of Me-Gold in your account. Not included with any other promotion or offer.
Motilal Oswal doesn’t have any promo code/promo coupon for new account opening.
Motilal Oswal referral program – The Referrer gets Rs 1000 Amazon Gift Voucher and Referee earns Rs 1000 worth of digi- gold. A new account must be open with a minimum margin of 25,000 then only both the parties are eligible for offer.
Lets divide this process is 2 section –
Once In-person verification is complete, account shell be activated instantly. The client code and password mailed to the client.
Last Updated on 2020-01-06