Motilal Oswal Account Type

Motilal Oswal offers various types of brokerage accounts tailored to meet the diverse needs of investors. The primary accounts include:

• Trading Account: This account allows you to trade in equities, commodities, and currencies. It is designed for active traders who wish to buy and sell securities frequently.
• Demat Account: This account is essential for holding securities in an electronic format. It simplifies the process of buying and selling shares by eliminating the need for physical certificates.
• 2-in-1 Account: Motilal Oswal offers a combined trading and demat account, making it convenient for investors to manage their investments seamlessly.

The account opening process is straightforward, with no opening fees for both trading and demat accounts. The annual maintenance charge (AMC) for the demat account is waived for the first year, costing ₹199 thereafter.

Motilal Oswal Broker Account Opening Process

Opening an account with Motilal Oswal is a simple and efficient process that can be completed in just a few steps:

• Eligibility: Individuals above the age of 18 with a valid PAN card and Aadhaar card can open an account.
• Online Account Opening:
• Download the Motilal Oswal app or visit their website.
• Click on the "Open an Account" button.
• Fill out the online application form, which is pre-filled to save time.
• Complete the e-sign process using an Aadhaar-based OTP.
• Offline Account Opening:
• Visit a local branch or contact a sub-broker.
• Submit the required documents and fill out the application form.
• Funding the Account: After the application is approved, you can fund your account through net banking, debit card, or UPI.
• Trading: Once your account is funded, you can start trading within minutes of your application approval.

Motilal Oswal provides additional benefits such as free equity intraday trading for a lifetime and access to expert research and advisory services.

For more details, visit: Motilal Oswal Account Opening