Leading the digital wave and supporting the Digital India initiative, India’s leading brokerage house, Motilal Oswal Securities limited has launched ‘India’s first-of-its- kind’, completely paperless, e-KYC, instant trading & demat account facility.
Motilal Oswal Securities Limited is the first brokerage house in India to start such a facility which eliminates the hassle of sending any kind of physical document to open an account.
Through this initiative, customers from anywhere in the Country will now be able to open a Trading and Demat account completely online i.e. without any physical documentation in 15 minutes and start investing immediately thereafter. This facility will be available to all prospective customers who have an Aadhaar Card.
On the occasion of the launch, Mr. Ajay Menon – CEO, Motilal Oswal Securities Ltd, said, “ With digital transformation at its inflection point, there may be no better place to start than the account opening process and make it completely paperless. "Aadhar integrated" new account opening has not only eliminated the legacy of paper-based documentation and increased the customer satisfaction but will also usher in a new era of digitization in the broking industry. This completely online and paperless account opening is a pioneering service as it transforms the way a customer opens an account and is able to buy and sell shares instantly online and through our mobile app. We are confident that Motilal Oswal Digital Account opening facility will provide utmost convenience to our customers, while also providing the industry with an all new perspective when it comes to digitization.”
About Motilal Oswal Financial Services Limited
Motilal Oswal Financial Services Ltd. (NSE: MOTILALOFS, BSE: 532892, BLOOMBERG: MOFS IN) is a well-diversified, financial services company focused on wealth creation for all its customers, such as institutional, corporate, HNI and retail. Its services and product offerings include wealth management, retail broking and distribution, institutional broking, asset management, investment banking, private equity, commodity broking and principal strategies. The company distributes these products through 2,036 business locations spread across 637 cities and the online channel to over 873,176 registered customers. MOFSL has strong research capabilities, which enables them to identify market trends and stocks with high growth potential, facilitating clients to take well- informed and timely decisions. Motilal Oswal Securities (MOSL) won the ‘Best Performing National Financial Advisor Equity Broker' award at the CNBC TV18 Financial Advisor Awards 2014 for the 4th year in a row. MOSL won the ‘Best Research as Research Showcase Partner’ at Research Bytes IC Awards 2014. Motilal Oswal Private Equity Private Equity won the ‘Best Growth Capital Investor-2012’ award at the Awards for PE Excellence 2013. Motilal Oswal Private Wealth Management won at the UTI-MF CNBC Financial Advisor Award in HNI Wealth Management category for 2015. Aspire Housing Finance won the “Most Admired and Valuable Housing Finance Company 2015” at the 6th India Leadership Conclave 2015. MOSL won the Best Broking House - Institutional Segment and Cash Segment at the Dun & Bradstreet Equity Broking Awards 2015.
No comments:
Post a Comment