OPEN DEMAT ACCOUNT

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I would like to open Account with Motilal Oswal Financial Services Ltd (MOFSL) and give my consent to open the same through online mode. I'm ok with MOFSL sending me promotional communications through whatsApp, SMS, calls even if I'm registered under DND.
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WHAT IS A DEMAT ACCOUNT?

Just like a bank account that safeguards all your liquid cash, an online Demat Account holds all your financial securities in safe custody. When you open a Demat Account with any SEBI registered stock broker and do any transaction such as buying a share, the shares bought are held in the depositories. There are two functional depositories in India namely - the Central Depository Services Limited aka CDSL and the National Depository Services Limited or NDSL. These depositories hold shares in an electronic format, in your dematerialised account. You can hold equities, mutual funds, bonds, exchange traded funds (ETFs) and invest in IPOs (initial public offerings) seamlessly in one-click through your Demat Account.

One of the most highlighting benefits of having an online demat account is - paperless receipts. The dematerialisation of receipts has made it easy for investors and traders to trade at real-time. There is no stress of keeping hold of thousands of receipts and producing them each time you want to trade and invest in the stock market. You can buy shares and hold them for a long period of time in electronic format in your demat account. The dashboard helps you to track your positions 24 by 7. Intraday trading has now become a profession thanks to real-time execution of the buy and sell orders. By opening an online Demat Account you can scale your investments and diversify your portfolio by investing in a variety of stock market trading products ranging from equities to non-convertible debentures (NCDs).

BENEFITS TO OPEN DEMAT ACCOUNT IN MOTILAL OSWAL

By opening an online DEMAT Account with Motilal Oswal, you get access to a wide range of products and investment solutions in the stock market.The MO Investor app, designed and developed exclusively for investors, helps you to get your hands on equity investments, investments in mutual funds, and other products such as expert designed portfolio services, robotic investment solutions and collated baskets of stocks handpicked by top financial experts. With MO Investor app you can invest seamlessly in the stock market in three simple steps - search your stock, enter the quantity you want to invest in and execute the orders. You can also assign a target price to your favourite stocks.

On the other hand, Motilal Oswal has also developed an exclusive app for stock market trading i.e the MO Trader app. With this app, you can place easy orders for intraday trading and FnO options. You can also use expert crafted trading tools to ace the trading practice. The app is specifically designed to help traders execute orders at real-time to maximise their returns on stock investments.

So, if you are looking for an answer to the question - ‘How to open a demat account?’, then Motilal Oswal is your one-stop shop for all answers regarding your finances.

Why Open Demat Account with Motilal Oswal?

1 Million+ Happy Demat Account Holders

High tech 4-star apps for traders & investors

30+ Years of Research Expertise

Personal Advisor / Advisory for Customers

Customized Investment Plans with One Click Investment

Wide Choice of Asset Classes to Invest in

Make Better Investments for Life with Motilal Oswal

It is one demat account with multiple benefits.
Investors can invest in a variety of asset classes through Motilal Oswal Demat Account

Demat Account

An Online DEMAT Account to safeguard all your financial securities. Get a chance to avail exciting offers on the go, only with Motilal Oswal.

Trading Account

Trade or invest easily in 5000+ stocks in 1-click with online Trading Account. Download specialized apps MO Investor & MO Trader for better experience.

Upcoming IPO

Invest in exciting upcoming IPOs for FREE with online Motilal Oswal DEMAT Account. Invest in IPOs in 1-click through easy UPI option with MO Investor.

IAP

Intelligent Advisory Portfolios are expert curated ready to invest portfolios created with intelligent algorithms and expert stock market investment ideas.

Improve My Portfolio

Does your portfolio hold the right stocks? Get Stock Market Investment Ideas for perfect investment portfolio with expert selected stocks.

Start SIP

Don't have a lump sum amount to invest? Start a SIP. Easy investment in mutual funds SIP and equities. SIP investment to make better portfolio.

Suggest Me Tool

Confused with so many options of investments? Ask the expert. Get clarified investment objectives, investment advice and more, in a click.

How to open a Demat Account online?


A Demat account is a dematerialised account for your financial securities. By opening a Demat account, you can trade and invest in the stock market online, without any hassle. Demat Account Opening requires a Broker, who acts as a channel between the investor and the exchange. Know more about getting a Free Demat Account in this video!
Before registering for a Free* Demat Account, remember to keep the following documents handy:-

• PAN Card
• AADHAR Card
• Signed & cancelled blank bank cheque
• BANK Account Statement (for past 6 months)

To open a DEMAT Account, follow the following given steps:-

Step1 - Filling out Personal Details: To begin with, you will have to register with your mobile number and email address, and verify the same via OTP.
Step2 - Submitting necessary documents: To open a DEMAT Account, you will have to verify your PAN Number, Aadhar Card details, Bank Account Number & IFSC Code with the Broker.
Step3 - Completing E-KYC: To complete your E-KYC, you will have to fill in your personal details such as your income, your marital status, address, nominee, etc.
Step4 - E-sign Aadhar Validation: For the last step, you will have to e-verify your Aadhar. This can be done by receiving an OTP to your Aadhar registered mobile number or by uploading the ‘front’ and ‘back’ side photographs of your Aadhar card.
On successful account opening, you will be communicated your User Id and Password via email.

What our customers say

Opening an Account

Hassle-free account opening. Advisor has good knowledge of trading. Tailor made brokerage plans and easy fund transfer.

Gagandeep Singh

MO Investor App

If you are a rookie in trading and want to know more about Invesment. I personally recommend you to download it.

Rakesh Kumar

FAQS ON DEMAT ACCOUNT

A Demat account is an account that holds financial securities in electronic form. In India, Demat accounts are maintained by two depository organisations, NSDL (National Securities Depository Limited) and CDSL (Central Depository Services Limited). There are 3 types of Demat account: • Regular Demat Account: For the investors/traders who reside within India. • Repatriable Demat Account: For the NRIs. Funds can be transferred abroad. It requires an associated NRE bank account. • Non-Repatriable Demat Account: For the NRIs. The fund cannot be transferred abroad. It requires an associated NRO bank account.
A Demat account helps keep your equity investments, your mutual fund units, bonds, and other financial assets safe and secure in an online electronic environment. With a Demat and trading account, you can not only invest in upcoming IPOs of companies but also start a mutual fund, digital gold and SIP as well. Here’s a quick look at some of the other uses of a Demat account: • Enables easy and quick share transfers. • Highly secure storage with zero risk. • Can be accessed at any time from anywhere through the internet. • Very less paperwork involved.
Any individual resident of India, HUF, NRI, proprietary firm, partnership firm or company can open a Demat and trading account with Motilal Oswal.
With Motilal Oswal, the documents for Demat account opening that you need to submit is minimal. Here’s the list. 1. Duly filled Demat account opening application form. 2. Duly filled KYC application form. 3. A passport-sized photograph. 4. A photocopy of your PAN card. 5. A photocopy of your proof of identity & address, which can be anyone of the following. (Aadhaar Card, Voter’s ID, Passport or Driving license)
With Motilal Oswal, you don’t have to pay any Demat account charges for opening an account. That’s not all. In addition to being able to open a Demat account for free, you also get to enjoy zero Account Maintenance Charges (AMC) for life. What’s even more exciting is that you can do it online from the comfort of your own home.
With Motilal Oswal, there’s absolutely no requirement of having to put up a minimum amount for demat account opening. You can open a demat account with us for free!
Of course. You can open multiple Demat accounts under your name as long as the Demat accounts are not with the same Depository Participant (DP). For instance, if you already have a Demat account with another DP and wish to open another one with Motilal Oswal, you can do so.
Opening an online Demat account with Motilal Oswal is very easy: 1. Visit our website. 2. Click on ‘Open Demat Account’. 3. Enter the mobile number and submit the OTP you received. 4. Enter the email ID and proceed. 5. Complete the EKYC (Upload all necessary documents like PAN Card, Aadhar Card, Bank Details etc.) 6. Add personal details. 7. After verification perform e-sign in. 8. Demat account activated.
Yes, a demat account can be opened in single or joint names. However, a demat account can have a maximum of three account holders - 1 main holder and 2 joint holders.
Yes, a Demat account can be opened in single or joint names. However, a Demat account can have a maximum of three account holders - 1 main holder and 2 joint holders.Of course. It is certainly possible to open a Demat account for NRIs through Motilal Oswal. But to do so, you will have to possess either an NRO or NRE bank account and submit a Portfolio Investment Scheme letter of approval from the Reserve Bank of India along with your Demat account application form and other supporting documents.

No. You cannot hold a Demat Account without a Trading Account. A Demat Account is only an account to hold your shares. If you intend on selling the shares, you will need a trading account.

Yes. If you intend to sell the shares that you hold, you will need to link your Demat account with your Trading account.

Just like a Joint Bank Account, a Joint Demat Account is a shared Demat account in between two or three individuals. Only one demat account holder is registered as the primary account holder, while the other account holders become secondary account holders.

It takes only 15 minutes to open a Free* Demat account with Motilal Oswal.

Yes. You can add and withdraw funds from your Demat account anytime.

Yes. If you intend on applying for an IPO in India, it is mandatory to hold a Demat account. However, the choice for a trading account is optional.

To check your funds on MO INVESTOR, follow the below given steps

  • Login to the app
  • Go to ‘Menu’
  • Select ‘Fund Transfer’
  • The screen will display ‘Available Margin’ which will be your Demat Account Balance

No, it is not mandatory to hold a DEMAT Account to invest in SIP Plans. However, if you wish to start Stock SIP, you will need to have a DEMAT Account.