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.