DP account is now a must for each and every participant in the stock market, whether he is trader or an investor; whether he believes in fundamentals or in technical.
In the times of T+2 having a demat account linked to your trading account becomes really convenient. The non-trading clients can also avail of Motilal Oswal Depository Services (MODES)
Today MODES is available at all business locations of Motilal Oswal. In terms of number of accounts MODES is the second biggest Depository Participant in CDSL with over 150,000 accounts. The trust they have in Motilal Oswal is reflected by their cumulative holding in MODES worth over Rs. 3400crores.
Holder of a MODES account receives regular account reports and an efficient service at all times. Clients having holdings over Rs. 10 lakhs receive special SMS service. They get recommendations on their holdings based by Motilal Oswal adjudged the ‘Best Equity Broker Award’ by Bloomberg UTV Financial Leadership Award 2012.