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There are couple of plan Motilal Oswal offers to its customers. Depending on the plan which you choose the brokerage charges differs.

Motilal Oswal Account Opening & AMC Charges

Motilal Oswal charges Rs 0 for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. Free (Rs 400 2nd year onward) are annual maintenance charges for a demat account and would get deducted from your account even if you have not traded for a year by Motilal Oswal to maintain your account.

Name Details
Trading Account Opening Fee Rs 0
Demat Account Opening Fee Rs 0
Demat Account AMC Free (Rs 400 2nd year onward)
Trading Account AMC Rs 0
Motilal Oswal Brokerage Charges

Please find below Motilal Oswal Brokerage charges in their basic Plan. Motilal Oswal provides delivery trade at 0.50%, Intraday Trade at 0.05% (both side), Equity Future Trade at 0.05% (both side), and Equity Option Trade at Rs 100 per lot (both side).

Plan Name Standard Plan Value Pack (VP2KLT) Value Pack (VP1LACLT)
Equity Delivery 0.50% 0.10% 0.40%
Equity Intraday 0.05% (both side) 0.01% (both side) 0.04% (both side)
Equity Future 0.05% (both side) 0.01% (both side) 0.04% (both side)
Equity Options Rs 100 per lot (both side) Rs 20 per lot (both side) Rs 50 per lot (both side)
Currency Futures Rs 20 per lot (both side) Rs 10 per lot (both side) Rs 22 per lot (both side)
Currency Options Rs 20 per lot (both side) Rs 10 per lot (both side) Rs 22 per lot (both side)
Monthly Fee - Rs 1,00,000 (one time fee) Rs 2000 (one time fee)
Margin Trading - - -
Commodity Futures 0.05% (both side) 0.01% (both side) 0.04% (both side)
Commodity Options - - -
Motilal Oswal Exchange Transaction Charges

The Brokers in India charges Transaction / Turnover charges along with Brokerage on every order executed through the stock exchange. These charges differ by the stock exchange in which you trade and type of trades like delivery, intraday or F&O, etc. Motilal Oswal Transaction charges are as per the below table:

Name Details
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 * Rs 200 per Cr (0.002%)
Equity Options * NSE Rs 5110 per Cr (0.0511%) | BSE Rs 200 per Cr (0.002%) (on premium)
Currency Futures * Rs 125 per Cr (0.00125%)
Currency Options Rs 4200 per Cr (0.042%)(on premium)
Commodity MCX: Rs 250 per Cr (0.0025%)
Motilal Oswal Other Charges

A lot of other Charges are getting levied other than brokerage by Motilal Oswal like minimum brokerage, call & Trade charges, Stamp duty, DP Charges, etc. A list of the same is in the below table.

Name Details
Minimum Brokerage Rs 25 for Delivery and Rs 12 for Intraday
Call & Trade Nil
Stamp Duty * -
DP Charges (on sell side) ₹20 or 0.025% of transaction value whichever is higher
Other Miscellaneous Charges Minimum balance: Rs 1,000
Motilal Oswal Demat Account Charges

The charges on Demat account transactions are charged separately and over and above trading Brokerage. Find Motilal Oswal demat account charges 2020.

Name Details
Depository Service Provider CDSL
Account Opening Fee

Nil

Advance Deposit

Nil

AMC

Rs 700 p.a.

Dematerialisation Charges

Rs 50 per certificate + Rs 50 per request

Rematerialisation Charges

Rs 35 per certificate or per 100 shares and part thereof which ever is higher + 25 courier charges

Transaction Charges (Credit) -
Transaction Charges (debit)

0.025% or Rs 30

Pledge Creation Charges

Rs 35 per request

Pledge Creation Confirmation Charges

Nil

Pledge Invocation Charges

Rs 35 per request

Failed Instruction Charges

Nil

Other Charges

Demat Rejection: Rs 50 per request

Charges Explained

  • Securities / Commodities Transaction Tax Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O.When trading at TRADE SMART Online STT/CTT can be a lot more than the brokerage we charge.
  • Transaction/Turnover Charges: Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O.When trading at TRADE SMART Online STT/CTT can be a lot more than the brokerage we charge.
  • Exchange transaction charges + Clearing charges. Charged by exchanges (NSE, BSE,MCX) and clearing member.
  • Call & trade:
    • Free with your Sharekhan Trading :
  • Stamp charges:
    • Charged as per the state of the client's correspondence address.
  • GST:
    • Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)
  • SEBI Charges:
    • Charged at ₹15 per crore by Securities and Exchange Board of India for regulating the markets.
Zerodha Special Offer:

Free Equity Delivery Trading and Mutual Funds

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment +
  • Trade with the best trading platform in India.

This is a limited-time offer. Open Instant Zerodha Account online and start trading today.

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