You need a stock broker who opens an Demat account in your name when it comes to buying any electronic asset like shares, Bonds etc under your ownership.
We basically guide you about
“Which” share to buy.
“How” long to hold then
“When” to exit them
“How much” amount to invest etc..
How do I fund my account?
At the account opening KYC stage, you would have submitted us with a bank proof. Payment from that bank account ONLY will be accepted.
Internet banking( RTGS), Online Payment gateway from Motilal’s app, UPI are various modes of transfer. We do not accept Cash.
What will happen if moneydhan closes down?
Your Demat is under CDSL where all the stocks/Mf holding is safely stored. Accessible to your direction as well, without our presence.
If we don’t exist, surely the Motilal Oswal team will be there to service your needs. Under no circumstances, you would have an issue with your holdings or payouts.
How do I withdraw money from my account?
You can withdraw cash from your account at any time. All you have to do is initiate the withdrawal process from the ‘Payout’ tab on the mobile app or desktop. The money will be wired directly to your bank account. It may take the same 2 hours – 4 business days for the Amount to reflect.
What is your fee structure?
10 % of profit share. We usually target 1 lac profit so as to request 10k ( 10 % ).
Who executes my order?
We seek permission via Registered email before every execution.
Using our master terminal, we execute the order, in your account.
Via mobile app from a broker, you can always verify the Trades, Profit or Loss, net balance lives.