Terms & Conditions:
  1. The promotional offer is being managed by Motilal Oswal Securities Ltd (henceforth referred to as MOSL)
  2. The promotional offer is limited to select clients chosen by MOSL (record of these clients is maintained by MOSL, hence any customer not in the list will not be a part of the promotional offer)
  3. The promotional offer for free demat account is valid for all accounts activated between  To only
  4. No Brokerage will be charge to the client for a month between  To , if the account active between  To (all brokerage generated in the first 30 days of account opening). Maximum cash back will be given upto Rs.5000
  5. *Account opening fee worth Rs. 500 will be waived off which is one-time payment if account activated between  To 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.
  6. Only those clients who have generated minimum brokerage of Rs 500 during this period would qualify for the offer
  7. Only brokerage will be credited and other statutory charges will be levied as usual
  8. The Brokerage generated would be reversed before .
  9. STT, Service Tax, Stamp Duty and Transaction charges will be levied separately as applicable from time to time
  10. 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
  11. Any employee/partner of MOSL will not be included in this scheme, even though their name might appear in the list
  12. Client must be active as a Client of MOSL, at the time when brokerage is credited
  13. The select clients for the promotional offer will be informed by email or telephonic call
  14. MOSL reserves the rights to withdraw this scheme anytime before the validity period mentioned and the same shall be communicated through email
  15. In case of any dispute, the decision of MOSL management will be final and binding
  16. This scheme is independent and is not to be merged with any other offer or schemes