Now open a free Demat account and get exclusive offers from Motilal Oswal Securities. However, these offers come with certain conditions. You can now get a Demat account for free with the company and get Rs 2000 worth of gold. With this you will be provided with different technology platforms for trading in the stock market.
According to the company, opening of the Demat account is an absolutely paperless process. With the Demat account, you will be able to trade in securities across the exchanges and you also be able to buy shares when a company issues initial public offering (IPO).

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What is Demat Account? 
Demat Account allows investors to hold their shares in an electronic form. In Demat account, stocks remain in dematerialised form and these accounts can be opened with no balance of shares. Demat Account holds investments made by an individual in shares, bonds and mutual funds, government securities, exchange traded funds, etc. in one place. Demat Account service is provided by depositories like NSDL and CDSL via intermediaries/ Depository Participant/Stock Brokers such as Motilal Oswal. 

The charges for trading may vary for different Demat accounts. Charges vary according to the volume held in the account, type of securities subscribed. Traders who hold large volume get cheaper rates, while for small traders it is more. The charges also vary for long-term and intra-day trading. For intra-day trading charges are generally lower than the stocks which are hold for longer period.