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Motilal Oswal Brokerage, Account opening , Demat account and AMC Charges 2020

Motilal Oswal is a full service Broker which began its operation in Year 1987. It is one of the leading stock brokers in the space with around 2200+ sub-brokers and franchisee outlets in more than 500 cities across India. Motilal Oswal is known for its quality in equity research,They have been awarded as India's Best Market Analyst Award for IT & FMCG sector by Zee Business Almost 10% of their revenue is invested on equity research.

Motilal Oswal call themselves as a 3 in 1 service provider. To avail this facility you have to have an online trading and demat account with them and a internet enabled bank account with either HDFC Bank, CITI Bank or ICICI Bank.

For all indian resident Motilal oswal charges a brokerage of 0.50% on equity delivery trade and for Intraday & Futures it is 0.05% .Motilal Oswal also have minimum brokerage at ₹30,Whatever be your trade value, you will be required to pay Rs. 30 as minimum brokerage in case of delivery trade and Rs. 15 for Intraday Trade.

Motilal Oswal Account Opening & AMC Charges 2020

Particulars Charges
Trading Account Opening Charges (One Time) Free
Trading Annual Maintenance Charges AMC (Yearly Fee) Free
Demat Account Opening Charges (One Time) Free
Demat Account Annual Maintenance Charges AMC (Yearly Fee) Free (₹400 2nd year onward)

Motilal Oswal Brokerage Charges (Default Plan) 2020

Segment Brokerage Charges
Equity Delivery 0.50%
Equity Intraday 0.05%
Equity Future 0.05%
Equity Options Rs 100 per Lot (Both Side)
Currency Future Rs 20 per Lot (Both Side)
Currency Options Rs 20 per Lot (Both Side)
Commodity 0.05%

Motilal Oswal Brokerage Plan 2020 : Vaue Pack Plans

Motilal Oswal has recently upgraded its value Pack plan and these plans can be subscribed by both new & existing customers. these value pack plans designed for customers who are regularly investing in the stock market or traders. You would be paying lower brokerage in case you subscribe for higher value pack plan.

Under these Value pack plans, you need to make an upfront payment, More upfront money you pay, lesser brokerage you would need to pay for your trades. The ideas are whatever brokerage you generate from your trade the same would get adjusted against the upfront money you have paid. the validity of these value pack is for a lifetime and you need to refill the upfront money as soon as it gets exhausted.

Motilal Oswal Equity Delivery Charges under Value Pack Plan

Upfront Charges Equity Delivery Charges Minimum Brokerage
VP2KLT-Rs 2000 0.40% 2 Paise
VP3KLT-Rs 3000 0.35% 2 Paise
VP5KLT-Rs 5000 0.30% 2 Paise
VP10KLT-Rs 10000 0.25% 1 Paise
VP30KLT-Rs 30000 0.20% 1 Paise
VP50KLT-Rs 50000 0.15% 1 Paise
VP1LACLT-Rs 100000 0.10% 1 Paise

Motilal Oswal Equity Intraday Brokerage under Value Pack Plan

Upfront Charges Equity Intraday Brokerage Minimum Brokerage
VP2KLT-Rs 2000 0.040% 1 Paise
VP3KLT-Rs 3000 0.035% 1 Paise
VP5KLT-Rs 5000 0.030% 1 Paise
VP10KLT-Rs 10000 0.025% 1 Paise
VP30KLT-Rs 30000 0.020% 1 Paise
VP50KLT-Rs 50000 0.015% 1 Paise
VP1LACLT-Rs 100000 0.010% 1 Paise

Motilal Oswal F&O (Equity & Currency Futures) Trading Charges 2020 under Value Pack Plan

Upfront Charges F&O (Futures )Brokerage Minimum Brokerage
VP2KLT-Rs 2000 0.040% 1 Paise
VP3KLT-Rs 3000 0.035% 1 Paise
VP5KLT-Rs 5000 0.030% 1 Paise
VP10KLT-Rs 10000 0.025% 1 Paise
VP30KLT-Rs 30000 0.020% 1 Paise
VP50KLT-Rs 50000 0.015% 1 Paise
VP1LACLT-Rs 100000 0.010% 1 Paise

Motilal Oswal F&O (Options) Trading Charges 2020 under Value Pack Plan

Upfront Charges F&O(Options) Brokerage Currency Options Brokerage
VP2KLT-Rs 2000 Rs 50 Per Lot Rs 20 Per Lot
VP3KLT-Rs 3000 Rs 45 Per Lot Rs 18 Per Lot
VP5KLT-Rs 5000 Rs 40 Per Lot Rs 15 Per Lot
VP10KLT-Rs 10000 Rs 30 Per Lot Rs 12 Per Lot
VP30KLT-Rs 30000 Rs 25 Per Lot Rs 11 Per Lot
VP50KLT-Rs 50000 Rs 25 Per Lot Rs 10 Per Lot
VP1LACLT-Rs 100000 Rs 20 Per Lot Rs 10 Per Lot

Motilal Oswal Demat Charges 2020

Particulars Charges
Scheme name AMC Scheme
Account Maintenance Charges (AMC) ₹550
Account Administration Charges (AAC) ₹199
Advance ₹0
Demat Transaction Charges - Within MOFSL (Sell only) ₹30 or 0.03% (whichever is higher)
Demat Transaction Charges - Outside MOFSL (Sell only) ₹40 or 0.04% (whichever is higher)
Dematerialisation (In all schemes) ₹50 per request + ₹50 per certificate
Rematerialisation ₹35 per certificate
Pledge, Unpledge, Closure, Invocation ₹35 or 0.02% (whichever is higher) per ISIN request

Motilal Oswal Transcation Charges 2020:

Segment Transaction Charges
Equity Delivery NSE Rs.335 per Cr (0.00335%) | BSE Rs.1000 per Cr (0.01%) (each side)
Equity Intraday NSE Rs.325 per Cr (0.00325%) | BSE Rs.200 per Cr (0.002%) (each side)
Equity Future NSE Rs.200 per Cr (0.002%)
Equity Options NSE Rs.5110 per Cr (0.0511%) | BSE Rs.200 per Cr (0.002%) (each side)
Currency Future Rs.125 per Cr (0.00125%)
Currency Options Rs. 4200 per Cr (0.042%)(on premium)
Commodity Rs.250 per Cr (0.0025%)

Motilal Oswal Security Transcation Tax and Commodity Transcation Tax 2020:

Segment STT/CTT
Equity Delivery 0.1% on buy & sell both
Equity Intraday 0.025% on the sell side only
Equity Future 0.01% on sell side only
Equity Options 0.05% on sell side (on premium)
Currency Future No STT
Currency Options No STT
Commodity Futures: 0.01% on sell side (Non-Agri), Options 0.05% on sell side

Motilal Oswal Taxes:

18% GST on (brokerage + transaction charges)

Motilal Oswal SEBI CHARGES:

0.0001% or Rs.10 / crore

Motilal Oswal STAMP CHARGES:

Based on the state to state

Frequently Asked Questions:

  1. What is AMC charges charged by Motilal Oswal?
    • Motilal Oswal charges ₹0 Annual Maintenance Charge (AMC) for a trading account and Free (₹400 2nd year onward) for a demat account. AMC is charged to maintain the accounts.
  1. How much Motilal Oswal charge for Intraday trade?
    • Motilal Oswal charge 0.05% (both side) for intra-day trades.
  1. How much Motilal Oswal charge for Delivery trade?
    • Motilal Oswal charge 0.50% for equity delivery trade.
  1. How much Motilal Oswal charge for Options trade?
    • Motilal Oswal charge ₹100 per lot (both side) for equity options trading.
  1. Does Zerodha provides 3 in 1 account facility?
    • Motilal Oswal call themselves as a 3 in 1 service provider. To avail this facility you have to have an online trading and demat account with them and a internet enabled bank account with either HDFC Bank, CITI Bank or ICICI Bank. Then only seamless execution of trades is possible since 3-in-1 account links your Trading, Demat and Bank Account.
  1. Does Motilal Oswal provides Tips?
    • Yes. Motilal Oswal provide trading tips for stock and commodity trading to its customers.