MotiLal Oswal Securities Ltd. is one of the largest broking firms in India. Motilaloswal was founded in 1987. MOFSL has been ranked by various polls such as the Best Local Brokerage 2005, Most Independent Research – Local Brokerage 2006 and Best Overall Country Research – Local Brokerage 2007 in the Asia Money Brokerage Polls for India.
Today Motilaloswal is a well diversified financial services firm offering a wide range of financial products and services such as
- Broking & Distribution,
- Commodity Broking,
- Institutional Equities,
- Wealth Management,
- Private Equity,
- Investment Banking Services,
- Portfolio Management Services and
- Principal Strategies.
Motilaloswal having his head office in Mumbai and as 31 march 20011 its having network in 611 cities and towns comprising 1,644 Business Locations operated by Motilaloswal and his business partner. and Motilaloswal had 709,041 registered customers in pan India as 31/03/2011.
Account Opening Charge & AMC:
Account opening charge in Motilal Oswal is Rs 600/- with 1st year free Amc and from next year 400/yr Amc will be charged.
Brokerage Brokerage Of Motilal Oswal Securities :
- Copy of Passport or
- Driving License or
- Bank Statement ( not older than 2 months ) or
- Electricity bill ( not older than 2 months ) or
- Votars ID
Bank account proof :
- Bank statement of six months or a cheque with proposed margin