Broking & Distribution FAQs

It’s simple. There are five easy ways for opening a power-packed trading account with Motilal Oswal:

A.  By Phone

Call 022-30896680 and our executive will fix up an appointment of one of our Investment Advisors with you, at a time convenient to you, to complete the formalities required for opening an account.

B.  SMS

Simply SMS ‘MOSL<space> INFO to 575753 and our executive will give you a call back.

C.  Branch

Just walk-in to any of our branches. To know the locations of our branches, click here.

D.  Email

Drop us an email with your name and contact number at info@motilaloswal.com and we’ll call you back.

E.  Online

Visit www.ezonline.motilaloswal.com

Click on ‘Open an Account’

Fill up the Online Account Opening form

Call 022-30896680 in case of any queries and our executives will help you fill out the online account opening form

The following are the list of documents required:

a. Proof of Identity – Copy of PAN Card

b. Proof of Address – Copy of any one of the following (Self Attested)

                                Passport

                                Ration card

                                Voter’s ID

                                Driving license

                                Electricity bill (not more than 2 months old)

                                Landline Telephone Bill (not more than 2 months old)

                                BankPass Book

c. Bank Proof – Copy of Bank Pass Book or Personalized Cheque leaf (For Existing Bank Account Holders Only)

d. Latest Photograph (Single copy)  

After you have submitted the relevant documents, we will send you the Welcome Kit with details of your Client Id and password within 7 working days.

Once your account is opened, you can start trading immediately. If you do not have a Demat account, then along with your trading account you will be required to open a Demat account which requires 2-3 working days to activate. Once both the accounts are activated, you can start trading immediately. 

Choose the method that works the best for you:

Cheque Payment: You can handover a crossed cheque addressed to ‘Motilal Oswal Securities Limited’ to our Sales Representative and he’ll deposit it with us on behalf of you. 

Netbanking: You can visit onlinetrade.motilaloswal.com to make your initial payment via your netbanking account.

Yes, you can submit a cheque but buying limit would be provided to your trading account once the same is cleared & confirmed by the bank.

Backoffice Reports in My Motilal Oswal shows all the activity in your account. If you need more information on this, you can call us on 022-39982515/022-67490600 or email us at info@motilaloswal.com and our executive will help you out.

When you place a trade the stock and cash don’t change hands until the settlement date which is normally 2 working days from the day you placed the trade (T+2). This means that if you place a trade to buy stock on Wednesday you must deliver the payment for it by Friday when the stock will be delivered to you. Similarly, if you sell a stock on Monday then it will be delivered to the buyer on Wednesday and you will also receive payment for it on Wednesday. However, you don’t have to wait until the settlement date to sell shares that you’ve bought.

No. You cannot amend or cancel a trade. 

Yes. Our highly experienced and award-winning research and advisory team recommends stocks to invest in for a few days to a few years.

Yes. In order to trade on the equities market, it is compulsory to have a bank account to ensure the transfer of funds. Funds are accepted or paid only through a bank account.

If you have any questions or queries related to our products and services or any other general query, you can call us on 022-67490600/022-39982515 or you can also drop us an email at query@motilaloswal.com.

My Motilal Oswal enables access to your account status 24 hours a day.

Visit http://my.motilaloswal.com to check all account online. Alternatively, you can call your Investment Advisor and he would give you all the details or you can email us on query@motilaloswal.com and let us know what information you require. 

We do not accept third party payments from anyone as it is deemed unauthorised by the Securities and Exchanges Board of India (SEBI).

The cheque or bank transfer should be in the name of the account holder and from the bank account specified by the account holder at the time of account opening. In case your bank details have been changed or you want transfers from more than one bank account, then please provide the bank details with the proof (bank statement clearly specifying account holder’s name and address). If the amount is received from any other bank account not specified by the client then we can not consider the amount received from the customer.

If you send us a cheque then as soon as it has been paid into your account the funds are available for trading and to settle purchases. It normally takes 3-6 working days for payments through cheque to be cleared.

When you use our payment gateway, the funds are instantly allocated to your account.

Provided you have sufficient funds cleared in your Ledger Account you can request a withdrawal at any time. This can be done through cheque as well as online transfer.

Once your account gets activated, we will send you a unique Login ID and password, with which you will be able to access your account online.

If you do not know your username or have forgotten it, please call 022-30896680 and we will be able to assist you.

Loan Against Shares (LAS) is an offering by which you will be able to get instant liquidity from your investments without selling them. This product is suitable for clients, who want instant liquidity from their investment without selling them and use this liquidity to buy more shares and take the inherent benefits of leveraging, and keep the delivery of the stock for longer period of time with their part margin.

An Individual or Corporate can avail LAS in just 3 simple steps: 

• Open a Trading and Demat account with Trading Member and Depository Participant 

• Sign Master Loan Agreement with MOFSL 

• Open Bank Account with a designated bank

You are eligible to get a loan upto 

• 10 times of your latest Income Tax Return 

• One time of your net worth as certified by a Chartered Accountant (CA)

• You can also get a loan of upto Rs. 5 lakh without submission of any IT return or your net worth certified by a Chartered Accountant (CA).

• Understanding your investing eligibility and funds available can get complicated, so we at MOFSL will calculate your eligibility for you. This information can be accessed at any time through a separate web login.

The benefits of LAS are as given below: 

• Exhaustive list of approved securities 

• Loan may go up to 75% of securities amount 

• Pay interest only on the amount outstanding and only for the time used 

• Interest is calculated on the daily outstanding balance and debited to your account at the end of every month 

• It can also be availed against open ended mutual fund schemes 

• Enjoy all corporate benefits like bonus, dividends etc accrued on your securities

MOSt 50 Basket is a fundamentally weighted basket based on S&P CNX Nifty Index (Nifty). The methodology is conceptualized and developed by Motilal Oswal AMC. MOSt 50 includes all the Nifty 50 stocks but not in the same proportion as Nifty. Weightage of a stock in MOSt 50 basket is determined by using Motilal Oswal AMC’s proprietary pre-defined methodology that assigns weights based on stock`s fundamentals such as ROE, net worth, share price and retained earnings. This is to ensure that companies with good financial performance and reasonable valuation get higher weightage.