Terms & Conditions
- The promotional offer is being managed by Motilal Oswal Financial Services Ltd (henceforth referred to as MOFSL)
- The promotional offer for Free Demat and Trading Account is valid for all accounts activated between November 1st 2022 to November 30th 2022 only
- Demat and Trading Account opening fee worth Rs. 500 which is one-time payment will be waived off if account is activated between November 1st 2022 to November 30th 2022 only. Only account maintenance charges, if applicable, will be levied at the end of the year as per the DP scheme selected by the client at the time of account opening which is written in account opening form
- DP AMC charges for Demat would be applicable and binding as per company policy
- Rs. 999 + GST if charged to the customers at the time of account opening will be reversed to client’s ledger within T+9 trading days
- The risk management policies and other internal policies of MOFSL applicable on the clients and trades executed by them would be applicable on the trades executed through this facility also
- Transactions charges of ₹20/Lot will be applied for Options under Value Pack scheme of Rs.1 Lakh and above. In case of any other brokerage scheme opted for by the customer, Options transactions will be charged as per the applicable brokerage scheme
- An advisor will be allotted to a customer if and only if the customer has a margin of Rs. 10,000 or above in his account post account opening
- The brokerage rates mentioned are for customers adding a margin of Rs 5 Lakh or more within 9 days of account activation. To know information on detailed brokerage plans, please visit the website or contact an executive.
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Total Margin within 9 Days |
Applicable AMC |
Less than Rs 25,000 |
As per Tariff Sheet from 2nd Year onwards |
Equal to or More than Rs. 25,000 |
Lifetime Free AMC |
Value Pack within 9 days |
Applicable AMC |
Less than Rs. 3000 |
As per Tariff Sheet from 2nd Year onwards |
Equal to or more than Rs. 3000 |
Lifetime Free |
- The promotional offer is being managed by Motilal Oswal Securities Limited (henceforth referred to as MOSL)
- *The promotional offer for Free Trading Account is valid for all accounts activated between January 1st 2019 To January 31st 2019 only
- *No Brokerage will be charged for one month to the client from the date of account opening, If the account is activated between January 1st 2019 To January 31st 2019. 100% brokerage would be credited in the Clients Ledger. (Note: Maximum Brokerage Reversal would be upto Rs. 2000/-. The reversals will be done on the 15th of the next month.)
- *Trading Account opening fee worth Rs. 500 will be waived off which is one-time payment if account activated between January 1st 2019 To January 31st 2019 only and Only account maintenance charges will be levied at the end of the year as per the DP selected by the client at the time of account opening which is written in account opening form
- Only those clients who have generated minimum brokerage of Rs 500 within 30 days of account activation will be consider for Rs.2000 Brokerage cashback offer
- Only brokerage will be credited and other statutory charges will be levied as usual
- STT, Stamp Duty, Transaction charges, GST and other charges will be levied separately as applicable
- DP AMC charges for Demat would be applicable and binding as per company policy
- DP Administration Charges of Rs.199/- will be levied every year starting 1st year itself
- The risk management policies and other internal policies of MOSL applicable on the clients and trades executed by them would be applicable on the trades executed through this facility also
- Any employee/partner of MOSL will not be included in this scheme, even though their name might appear in the list
- Client must be active as a Client of MOSL, at the time when brokerage is credited
- Clients Eligible for the promotional offer will be informed by email or telephonic call
- MOSL reserves the rights to withdraw this scheme any time before the validity period mentioned and the same shall be communicated through email
- In case of any dispute, the decision of MOSL management will be final and binding
- This scheme is independent and is not to be merged with any other offer or schemes
- Please note that by submitting the contact details, you are authorizing Motilal Oswal Securities Limited to contact you and send promotional communication even though you may be registered under National Do Not Call Registry established under the Telecom Unsolicited Commercial Communications Regulations, 2007 or registered or may register under the National Customer Preference Register established under new regulation viz the Telecom Commercial Communications Customer Preference Regulations, 2010.
- Scheme valid for Branch and Direct channel only
- Motilal Oswal Securities Limited is a distributor of Mutual Funds
^ Account would be open after all procedure relating to IPV and client due diligence is completed.
^ Accounts would be open by using esign and all proofs would be collected in soft form.