Motilal Oswal is one of the oldest and most renowned full-service stockbrokers in India. It is known for its multiple products and services that make it easier for traders to trade across different segments seamless. In this article, we are providing you with the detail of the benefits of the Motilal Oswal demat account.
Why Should You Open a Demat Account with Motilal Oswal?
Digital share certificates can be stored securely for years without the risk of theft, loss, or mutilation.
Easy trading of shares and transfer of funds to and from your bank account
Minimal or no cost of operation.
Faster settlements and disbursement of bonus, Rights, Dividends, etc.
Convenient nomination and transmission facilities in case of the death of a holder
Zero TDS deduction and regular intimation of account statements to the holder
Now apart from these, there are some other benefits of demat account in Motilal Oswal which are discussed in detail below:
1. Provides 2-in-1 account for FREE
Generally, participants need to open different accounts for investment and trading purposes. Motilal Oswal allows you to open both Demat and trading accounts in one go! Above all Motilal Oswal account opening charges are zero, thus you can get your 2 in 1 account for FREE.
It helps you in opening an account in a matter of 5 minutes thus saving a lot of time and giving you the next level of digital experience.
3. No AMC for lifetime
Being a full service stockbroker, Motilal Oswal comes with multiple brokerage plans under which you can reap the benefit of zero AMC charges for a lifetime. So, by maintaining margin money of ₹25000/- or by activating the value pack of ₹3000/- or more you do not have to pay any Motilal Oswal AMC charges.
4. Multiple Brokerage Plans
Now every trader and investor comes with different needs and expectations from the market. Motilal Oswal understands those requirements and comes with multiple options of brokerage fees and charges wherein you can choose the slab as per your trading style.
For example, if you are an active trader then you can opt for the Motilal Oswal Value pack and reduce your brokerage charges to as low as 0.007% for intraday trading.
5. Different Mobile Apps for Traders and Investors
After you open a Demat account, Motilal Oswal offers you MO Trader and MO Investor Apps i.e. two different apps for trading and investing respectively.
Advanced AI-powered tools to guide you through your transaction process.
All the above features are provided for free thus making it easier for the beginner trader or investor like you to make the best out of the trading journey in Stock Market.
Motilal Oswal account opening is super easy and you can get it done yourself by following few simple steps. Their advanced stockbroking services will provide you with end-to-end support in trading and investment. Whether you’re a beginner or an experienced investor, Motilal Oswal will support your trading journey with its customized advisory and advanced analytics services.
Further, the broker is also known for its quick customer support services which make it even easier for you to resolve your queries at the faster rate.
Want to begin your journey in the stock market, get started now. Get in touch with us now and we will assist you in choosing the right stockbroker and in opening a demat account online for FREE!