Terms & Conditions

  • The promotional offer is being managed by Motilal Oswal Securities Ltd (henceforth referred to as MOSL)
  • The promotional offer for Free Trading Account is valid for all accounts activated between July 1st 2018 To July 31st 2018 only
  • No Brokerage will be charged for one month to the client from the date of account opening, If the account is activated between July 1st 2018 To July 31st 2018. 100% brokerage would be credited in the Clients Ledger. (Note: Maximum Brokerage Reversal would be upto Rs. 2000/-. The reversals will be done on the 15th of the next month.)
  • *Trading Account opening fee worth Rs. 500 will be waived off which is one-time payment if account activated between July 1st 2018 To July 31st 2018 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
  • 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
  • Trading A/c Administration Charges of Rs.199/- will be levied every year starting 1st year itself
  • 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
  • Any employee/partner of MOSL will not be included in this scheme, even though their name might appear in the list
  • Client must be active as a Client of MOSL, at the time when brokerage is credited
  • Clients Eligible for the promotional offer will be informed by email or telephonic call
  • MOSL 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 MOSL 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 Securities 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.
  • Scheme valid for Branch and Direct channel only
  • Motilal Oswal Securities Ltd. is a distributor of Mutual Funds

^ 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.