Motilal Oswal Account Type

　　Motilal Oswal offers several types of brokerage accounts to cater to different investment needs:

• 　　Discount Brokerage Account: Ideal for beginners, this account provides essential tools for trading without additional services that incur extra charges. It allows users to learn the basics of trading and invest independently.

• 　　Full-Service Brokerage Account: This account provides comprehensive services, including professional portfolio management, investment advice, and stock tips. Although it comes with higher fees, it is suitable for investors who prefer assistance in their trading activities.

• 　　Margin Brokerage Account: This account allows investors to borrow funds from the brokerage to purchase securities, using existing securities as collateral. It offers increased buying power but also involves higher risk.

• 　　Cash Brokerage Account: This account requires traders to purchase securities only with available cash, prohibiting the use of borrowed funds.

• 　　Commodity Trading Account: This account enables trading in commodities and is opened with brokers registered with commodity exchanges.

• 　　Equity and Derivatives Trading Account: This account allows trading in equity shares and derivatives, providing flexibility in investment options.

  　　

　　

Motilal Oswal Broker Account Opening Process

　　Opening a brokerage account with Motilal Oswal is a straightforward process that can be completed online in a few easy steps:

• 　　Visit the Website/App: Go to the Motilal Oswal website or download the mobile app.

• 　　Click on 'Open an Account': Locate the account opening option on the homepage.

• 　　Fill in Your Details: Enter your mobile number and verify it through an OTP. Provide details like your name, email address, and PAN card information.

• 　　Select Account Type: Choose the account type that suits your investment needs from the available options.

• 　　Upload Required Documents: Submit the necessary documents, including a scanned copy of your PAN card, Aadhar card, and bank statement.

• 　　E-Sign the Application: Complete the e-sign process using your Aadhar-linked mobile number.

• 　　Verification: Once your documents are verified, your account will be activated, allowing you to start trading.

• 　　Start Trading: You can begin trading in equity, commodities, or currencies immediately after account activation.

　　By following these steps, you can open a Motilal Oswal brokerage account efficiently and start your investment journey.