Benefits
Zero Account Opening Charges
Lifetime FREE AMC
3
Expert Research & Stock Tips
Invest in Stocks, Mutual Funds, IPOs & More
Link Any Bank & Start in Just 15 Mins
Trusted Brand with 30+ Years of Legacy
Fees & Charges
Account opening charges: Zero
For other change visit official website
Target Customer
Applicable only for new users. Old customers of Motilal Oswal are not eligible.
The customer's phone number should be linked to their Aadhaar Card. & the customer should have a PAN card.
For Android Users Only
For customers who are interested in trading
Documents Required
PAN Card
Aadhaar Card
Account number with IFSC Code
Bank statement
Signature on paper
Training video
Tracking time
Leads will be tracked within 6 working days of submission
Receive your Payout every Friday for each successful lead converted till Sunday of every week.
How to get your commission
Earnings can be transferred directly to your bank account.
How it works?
Step by step process
1. Share your "Motilal Oswal tracking link with eligible customers in your network (friends/customers).
2. Customer clicks on the link & enters basic details (name, mobile no, PIN, etc.)
3. They'll be redirected to the Play Store to install the Motilal Oswal App
4. Enter mobile number → Verify via OTP
5. Upload PAN, Aadhaar & Address Proof
6. Submit Income & Bank Details $
7. Complete Aadhaar e-sign verification & in-person
8. Get Demat + Trading credentials via Email/SMS
9. Log in, add funds & start investing
10. Complete your first trade within 7 days of account opening
11. Don't uninstall the app for 30 days after your first trade
12. Your earnings get credited to your linked bank account during payout
T&C
Rule to follow
KPI & Payout:
Payout: upto ₹500 on first trade.
KPI: Account open + first trade 7 days of account opening.
Applicable only for new users existing Motilal Oswal users are not eligible.
2 Customer must complete full KYC, open a Motilal Oswal Trading Account, and make a first trade within 7 days.
3 Customer must not uninstall the Motilal Oswal app for at least 30 days after the first trade.
4 Customer should be 18+ years, an Indian resident, and have a valid PAN card.
5 Aadhaar must be linked with the customer's mobile number.
6 Customer must have a valid bank account and proper ID & address proof.
7 Applicable only for new users existing Motilal Oswal users are not eligible.
8 The account opening process must be completed in one go.
Intraday trades are not counted towards payout eligibility.
10 Account must remain active for at least 30 days, otherwise payout will be void.
DO's
Check pincode availability before starting.
Explain features, benefits, and risks of stock market investment.
Complete the process in one continuous journey (use "My Customer" link if resuming).
Check pincode availability before starting.
Keep PAN card & blank paper ready during KYC.
Ensure the customer does not already have an account with Motilal Oswal.
Explain features, benefits, and risks of stock market investment.
DON'TS
Don't make false promises (like loan or credit card offers).
Don't use your device to open the customer's account.
Never log in to a customer's account on your phone or laptop.
Avoid PAN-Aadhaar mismatches.
Don't open multiple accounts from the same device/number/email/PAN/Aadhaar/address.
Fraud & Misuse Policy
Any of the below activities will lead to permanent ban & payout forfeiture:
-Trading on behalf of customers.
-Trade manipulation (making fake/small trades for payout).
-Multiple accounts from one device.
-Fake/incomplete customer details or addresses.
- Opening accounts without customer consent.
-Incentivizing or paying customers to open accounts or trade.