Motilal Oswal Account Opening, Trade with MSOL|2019

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Motilal Oswal Securities Ltd Account Opening

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    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 Account Types

    Motilal Oswal offers 2-in-1 account i.e. Trading and Demat Account. Only trading or demat account can be opened too.

    Motilal Oswal Account Opening Process

    Motilal Oswal open Account process can be done by three ways:

    1. Online (paperless) process

      Follow the underlying procedure to open an account online with Motilal Oswal:

      1. Visit Motilal Oswal Website.
      2. Click on ‘Open an account’
      3. Select online application if your mobile number is linked with Aadhaar and fill up the form.
      4. Submit the form online.
    2. Offline Process

      Another way to open account with MOSL is the physical form filling and sending it to the office. The steps are as follows:

      1. Visit Motilal Oswal website
      2. Click on 'Open an Account'.
      3. Select online form with physical signature option if your mobile number is not linked with Aadhaar.
      4. Click on submit and continue form-filling.
      5. Sign the physical copy and send to the head office.
    3. Branch Network

      You can visit any of the Motilal Oswal branches nearby to you and fill up the account opening form available with the company executive.

    List of Documents required for Account Opening with MOSL

    • PAN card
    • Aadhar Card
    • Address proof – bank statement, Voter Id, Passport, so on
    • Canceled Cheque
    • Latest photo

    Motilal Oswal Account Opening Status

    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=

    Motilal Oswal Account Opening Form

    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.

    Motilal Oswal Account Closure and Deactivation

    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:

    • There should be no debit balance in the account. The outstanding dues have to be paid by the account holder to process closure request.
    • The demat and trading account should not hold any stocks.

    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.

    Motilal Oswal Account Reactivation

    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.

    Is Motilal Oswal Good and Reliable Broker?

    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.

    New Account Opening - How to join Motilal Oswal?

    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.

Request call back from Motilal Oswal

    New Account Opening offers with Motilal Oswal

    Motilal Oswal Account Opening Offer – Rs 2000 worth of Me-Gold in your account. Not included with any other promotion or offer.

    Motilal Oswal Promo Code

    Motilal Oswal doesn’t have any promo code/promo coupon for new account opening.

    Motilal Oswal Referral Code

    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.

    In this section we have covered most frequest scenario you have about new account opening. Does Motilal Oswal have any promo code? Does Motilal Oswal have any special Offers? What are the refferal benefit with Motilal Oswal if I refer my frineds or family? How can I start my trade with Motilal Oswal? Is Motilal Oswal good and reliable?

FAQs

  1. Motial Oswal Online Account Opening-How long it takes?

    Lets divide this process is 2 section –

    • Step1: Filling online application form and uploading the required documents. This process takes 15 to 30 mins.
    • Step2: In-person verification – This is a mandatory requirement from SEBI, where MOSL customer care representative is going to connect with you and complete verification process. This process will take 5 to 10 mins.

    Once In-person verification is complete, account shell be activated instantly. The client code and password mailed to the client.

    Discuss this question

Last Updated on 2019-08-09

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