Open a Free Demat Account
Open instant Online demat account
I would like to open Trading and Demat Account with Motilal Oswal Financial Services Ltd (MOFSL) and give my consent to open the same through online mode. I'm ok with MOFSL sending me promotional communications for any offerings on my registered mobile number through Call, email, SMS, Whatsapp or any other medium even if I'm registered under DND.
Open a Free Demat Account
STEPS TO OPEN A DEMAT ACCOUNT WITH MOTILAL OSWAL
Fill the lead form from Motilal Oswal to Open Demat Account
Enter OTP received on the registered Mobile Number
Fill Date of Birth, PAN details, Email Address and Bank Account Details.
Details of your demat account are sent to you on your registered mail address
WHAT IS DEMAT ACCOUNT?
Like a Bank Account that keeps your physical money safe in the form of digital currency for easier transactions, opening a free DEMAT Account acts as a safe for the shares/stocks that you've bought. Online free DEMAT Account keeps your shares and stocks in a digital format, thus enabling you to keep track of the price movement.
Earlier, shares/stocks were kept in the form of physical receipts. This made it difficult for investors to keep hold of the receipts for a longer time. The advent of the DEMAT account thus made it easy for investors and traders to trade instantly and keep shares for as long as they desire. However, you need to have a trading account for the purpose of doing a sell transaction. Without a trading account you won't be able to sell the shares that you've brought and kept in the DEMAT Account. Opening a Demat Account comes with lots of benefits such as there is no hassle to keep hold of the physical receipts, it saves time and makes it easy for investors and traders to learn and track their portfolio 24 by 7.
With the use of advanced technology, it is now possible for individuals to open a two-in-one account, which can be understood by viewing the video alongside or reading the text below.
Before registering for a Free* Demat Account, remember to keep the following documents handy:-
PAN Card
AADHAR Card
Signed & cancelled blank bank cheque
BANK Account Statement (for past 6 months)
To open a DEMAT Account, follow the following given steps:-
Step1- Filling out Personal Details: To begin with, you will have to register with your mobile number and email address, and verify the same via OTP.
Step2- Submitting necessary documents: To open a free DEMAT Account, you will have to verify your PAN Number, Aadhar Card details, Bank Account Number & IFSC Code with the Broker.
Step3- Completing E-KYC: To complete your E-KYC, you will have to fill in your personal details such as your income, your marital status, address, nominee, etc.
Step4- E-sign Aadhar Validation: For the last step, you will have to e-verify your Aadhar. This can be done by receiving an OTP to your Aadhar registered mobile number or by uploading the ‘front’ and ‘back’ side photographs of your Aadhar card.On successful account opening, you will be communicated your User Id and Password via email.
WHY OPEN DEMAT ACCOUNT WITH MOTILAL OSWAL?
2.5 Million+ Happy Demat Account Holders
High tech 4-star apps for traders & investors
30+ Years of Research Expertise
Flat pricing (Rs. 20 Per Lot) on Equity and Currency
Customized Investment Plans with One Click Investment
Wide Choice of Asset Classes to Invest in
Open Free Demat Account in 5 Minutes
Join the family of 2.5 Mn+ Happy Demat Account Holders
BENEFITS OF OPENING A DEMAT ACCOUNT WITH MOTILAL OSWAL
Lowest-brokerage - the new beau
Lost in the search for the lowest-brokerage plan? Now, trade with Motilal Oswal at just ₹20 per lot across segments.
Research-based expert assistance
35+ years of experience in equity trading, highly-rewarding research team, research published for more than 250 stocks covering 20+ sectors.
5+ Million Happy Customers
Strengthening a community of smart investors by inducting our knowledge first philosophy.
No Paper. 100% Online Demat Account
100% paperless process. All you need is to sign-up with us and we will guide you till the last minute. No hurries. No worries.
Multiple products on 1 platform
Whether you need to do an investment in mutual funds or in an IPO or in equities, do it all through only one app - MO INVESTOR
Rewards on the go
Opening a Demat Account online with Motilal Oswal brings a box-full of rewards. ₹0* AMC for the 1st Year, Scratch card rewards up to ₹10,000 and more.
MAKE BETTER INVESTMENTS FOR LIFE WITH MOTILAL OSWAL
It is one demat account with multiple benefits.
Investors can invest in a variety of asset classes through Motilal Oswal Demat Account
Upcoming IPO
Apply with Motilal Oswal’s pre-IPO application instantly. Seamless UPI application now available on MO INVESTOR.
Mutual Fund
Planning to buy a house? Or want to take a Europe tour? Turn your dreams into reality with Mutual Funds.
Equity
Invest in some of the best companies of the country at a click. Invest in Equities with Motilal Oswal.
Commodity
A must-have hedge against inflation because prices of commodities tend to rise during high inflation.
Currency
Bring flexibility in your investment portfolio by trading across multiple currencies 24x7, at ease with expert advice by your side.
F&O
Trade at a lightning speed powered by expert minds and AI-fuelled algorithms.
IAP
Expert curated, AI-powered portfolio of stocks for better returns.
Start SIP
Start small & grow with your progress. Treat yourself with a good life ahead. Start a SIP.
What Are Our Customers Saying ?
Paperless Online Process
Opening a Demat Account with Motilal Oswal is easy. You don’t have to fill any forms and courier it. Online, hassle-free process!
Gagandeep Singh
Quick Opening an Account
If you want to open an instant Demat Account, Motilal Oswal is the right choice. All process is online and it only takes 5 minutes to process.
Rakesh Kumar
Good Guided Assistance
Employees of Motilal Oswal guided me so well during the entire account opening process that it took me less than 20 minutes to finish.
Vivek Saraswat
FAQS
What is a demat account and what are the types of demat account?
A Demat account is an account that holds financial securities in electronic form. In India, Demat accounts are maintained by two depository organisations, NSDL (National Securities Depository Limited) and CDSL (Central Depository Services Limited).
There are 3 types of Demat account:
Regular Demat Account: For the investors/traders who reside within India.
Repatriable Demat Account: For the NRIs. Funds can be transferred abroad. It requires an associated NRE bank account.
Non-Repatriable Demat Account: For the NRIs. The fund cannot be tranBullet Listsferred abroad. It requires an associated NRO bank account.
Who can open a demat account?
Any individual resident of India, HUF, NRI, proprietary firm, partnership firm or company can open a Demat and trading account with Motilal Oswal.
What are the demat account opening charges?
With Motilal Oswal, you don’t have to pay any Demat account charges for opening an account. That’s not all. In addition to being able to open a Demat account for free, you also get to enjoy zero Account Maintenance Charges (AMC) for life. What’s even more exciting is that you can do it online from the comfort of your own home.
What is the minimum amount required to open a demat account?
With Motilal Oswal, there’s absolutely no requirement of having to put up a minimum amount for demat account opening. You can open a demat account with us for free!