Motilal Oswal Account Opening Documents
| |More Demat Registrations
Do you find the services of Motilal Oswal beneficial and willing to open an account? But then, there are a few pre-requisites to open the accounts, isn’t it? Here are the details of Motilal Oswal Account Opening Documents.
So, let’s begin!
Motilal Oswal Demat Account Opening Documents
For Motilal Oswal account opening, the most important documents are PAN card and Aadhar card. PAN card, you should know, is a mandatory document to open your demat account with any stockbroker in the country.
Furthermore, make sure that your Aadhar card is linked with your registered mobile number.
Apart from this, to open a 2-in-1 account with the broker, it is required to submit a few other Motilal Oswal Account Opening Documents listed below in the table. It makes total sense to get a complete idea of the documents required for demat account in India to be sure:
Document Type | Document Options |
Proof of Identity | Driving License Passport Voter Id Card Aadhar Card |
Proof of Address* | Utility bills Passport Aadhar Card |
Proof of Income* | Salary proof Income Tax Returns Bank Account Statement |
Bank Account Proof | Canceled Cheque Bank Statement |
Photographs | Passport Sized |
*Proof of Address of the spouse can also be accepted at the time of opening the demat account with Motilal Oswal.
*Proof of Income is necessary to be submitted if trading is to be done in the derivatives (F&O) segments.
Apart from these, the main requirement for Motilal Oswal demat account is that an applicant should be above 18 for operating the account. The people that are allowed to open a demat account includes:
- Companies (Domestic)
- Resident Individuals
- Non- Resident Indians
- Hindu Undivided Family
If your age is below 18, then you can open a Motilal Oswal minor demat account with the help of your parents or guardian.
Conclusion
Opening a demat account is easier when you have the document mentioned above along with you.
Here apart from PAN and Aadhar card, income proof becomes necessary when you choose to trade in derivatives.
Make sure you keep all the Motilal Oswal Account Opening Documents handy and activate the account without any hassle.
To get assistance in account opening, fill in the Motilal Oswal account opening form below and we will help you in opening a demat account for FREE: