Terms and 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 Aug 1st 2021 To Aug 31st 2021 only
• *Demat and Trading Account opening fee worth Rs. 500 which is one-time payment will be waived off if account is activated between June 1st 2021 To June 30th 2021 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
• Only those clients who have opened account within 30 calendar days of product inquiry will be considered for the 100% brokerage refund 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

• There is no restriction on withdrawal of unutilized account opening/margin amount
• 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
• Any employee/partner of MOFSL will not be included in this scheme, even though their name might appear in the list
• Client must be active as a Client of MOFSL, at the time when brokerage is credited
• Clients Eligible for the promotional offer will be informed by email or telephonic call
• MOFSL 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 MOFSL 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 Financial Services 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
• This scheme is valid for Online Channel only
• If the account is transferred to any branch/franchise/remisser after opening in online branch; all the above mentioned schemes and offers will not be applicable
• Motilal Oswal Financial Financial Services Ltd. is a distributor of Mutual Funds
• *Discount coupons would be delivered to customer’s E-mail ID (if provided) in 3 stages: Rs. 1,000 Discount Coupons would be credited on call connect with the customer, Rs. 1,000 Discount Coupons would be credited on Account activation and Rs. 1,000 Discount Coupons on trading turnover of more than Rs. 50,000 after account activation.
• *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.
• This offer is only valid for New clients
• This offer is not applicable for Franchise or Franchise clients
  ^ 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.