Terms & Conditions

• The promotional offer is being managed by Motilal Oswal Financial Services Ltd (henceforth referred to as MOFSL)
• All new accounts opened are eligible for Zero Annual Maintenance Charges (AMC) for the first year from the date of account activation
• The offer entitles clients whose accounts are activated between to avail free Brokerage upto Rs. 1000 on trades placed within 30 days of account opening.
• Free Intraday Trading offer is applicable only for trades executed in cash segment. Regular brokerage will be charged for intraday trades in F&O and Commodities segment. MOFSL management reserves the right to withdraw this offer at any time with prior communication.
• This offer can only be availed once per user.
• Statutory Levies and Taxes will be levied to the clients as prescribed by the regulators and will not be reversed under the offer.
• Family account trades cannot be clubbed together for this Offer.
• This scheme is valid for Online Channel only.
• If the account is transferred to any branch/franchise/remisier after opening an online account; all the above-mentioned schemes and offers will not be applicable.
• Brokerage will not exceed the SEBI prescribed limit.
• MOFSL reserves the right, in its absolute discretion, to change, alter or discontinue the offer and alter the terms and conditions from time to time & with prior communication to client via email.
• In case of any dispute, the decision of MOFSL management will be final and binding.
• Investment in securities market are subject to market risk. Please read all the related documents carefully before investing.