The annual demat account maintenance charge is INR400 and that too from 2 nd year onwards, its completely free for the 1 st year.
The minimum brokerage charged my Motilal Oswal is INR25 for delivery and INR12 for Intraday
Once all the required documents are submitted and necessary credentials are provided, it takes 7 working days for the welcome kit to get dispatched at the account holders address.
In order for a person to use Motilal Oswal’s trading platform the user must create a demat account first. Offline trading can be proceeded even with an old existing demat account.
The account holder needs to download the form from the website an then fill in all the necessary details attest it with their signature and then get it submitted at one of the nearest Branches of Motilal Oswal trading offices.