Features

  • Zero Account Opening Charges 
  • Lifetime FREE AMC 
  • Expert Research & Stock Tips 
  • Invest in Stocks, Mutual Funds, IPOs & More 
  • Link Any Bank & Start in Just 15 Mins 
  • Trusted Brand with 30+ Years of Legacy

Fees & Charges

  • Account opening charges: Zero 
  • For other change visit official website

Target Audience

  • Applicable only for new users. Old customers of Motilal Oswal are not eligible. 
  • The customer's phone number should be linked to their Aadhaar Card. & the customer should have a PAN card. 
  • For Android Users Only 
  • For customers who are interested in trading

Application Process

1. Share your “Motilal Oswal tracking link with eligible customers in your network (friends/ customers). 

2. Customer clicks on the link & enters basic details (name, mobile no, PIN, etc.)

3. They’ll be redirected to the Play Store to install the Motilal Oswal App 

4. Enter mobile number ➜ Verify via OTP 

5. Upload PAN, Aadhaar & Address Proof 

6. Submit Income & Bank Details 

7. Complete Aadhaar e-sign & in-person verification 

8. Get Demat + Trading credentials via Email/SMS 

9. Log in, add funds & start investing 

10. Complete your first trade within 7 days of account opening 

11. Don’t uninstall the app for 30 days after your first trade 

12. Your earnings get credited to your linked bank account during payout

Documents Required

  • PAN Card 
  • Aadhaar Card 
  • Account number with IFSC Code 
  • Bank statement 
  • Signature on paper

Terms & Conditions

Payout: upto ₹500 on first trade. 

KPI: 

  • Account open + first trade 7 days of account opening. 
  • Applicable only for new users existing Motilal Oswal users are not eligible. 
  • Customer must complete full KYC, open a Motilal Oswal Trading Account, and make a first trade within 7 days. 
  • Customer must not uninstall the Motilal Oswal app for at least 30 days after the first trade. 
  • Customer should be 18+ years, an Indian resident, and have a valid PAN card. 
  • Aadhaar must be linked with the customer’s mobile number. 
  • Customer must have a valid bank account and proper ID & address proof. 
  • Applicable only for new users existing Motilal Oswal users are not eligible. 
  • The account opening process must be completed in one go. 
  • Intraday trades are not counted towards payout eligibility. 
  • Account must remain active for at least 30 days, otherwise payout will be void. 

 

DO’s: 

  • Check pincode availability before starting. 
  • Explain features, benefits, and risks of stock market investment. 
  • Complete the process in one continuous journey (use “My Customer” link if resuming). 
  • Check pincode availability before starting. 
  • Keep PAN card & blank paper ready during KYC. 
  • Ensure the customer does not already have an account with Motilal Oswal. 
  • Explain features, benefits, and risks of stock market investment. 

 

DON’Ts: 

  • Don’t make false promises (like loan or credit card offers). 
  • Don’t use your device to open the customer’s account. 
  • Never log in to a customer’s account on your phone or laptop. 
  • Avoid PAN–Aadhaar mismatches. 
  • Don’t open multiple accounts from the same device/number/email/PAN/Aadhaar/address. 

 

Fraud & Misuse Policy: 

Any of the below activities will lead to permanent ban & payout forfeiture: 

  • Trading on behalf of customers. 
  • Trade manipulation (making fake/small trades for payout).
  • Multiple accounts from one device. 
  • Fake/incomplete customer details or addresses.
  • Opening accounts without customer consent.
  • Incentivizing or paying customers to open accounts or trade.
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Motilal Oswal Demat

Motilal Oswal Demat

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