Client’s Consent on Terms & Conditions of EKYC

Motilal Oswal Financial Service Ltd. (hereinafter referred to as "MOFSL") has prescribed certain eligibility
criteria and terms and conditions which are to be followed by the client, before opening online trading
and demat account through the website of MOFSL. The Client is required to go through each and every
condition as mentioned below and verify if he/she is eligible to open online account with MOFSL.
Customer needs to adopt offline / physical mode of Account opening in case any of the terms &
conditions are not acceptable to client. If all terms and conditions are acceptable to the client, he/she
should mark in "I agree and authorize" box in order to open online trading and demat account with
MOFSL:

 Individual Citizen of India and resident Indians are permitted to open accounts and avail the services
through this process. At present, NRIs cannot open account through E-KYC process. If Client is US
person/Resident of Canada /Non-Resident Indian residing in Financial Action Task Force, non-
compliant countries and Territories (NCCTs) / overseas Corporate Bodies (OCBs) then client shall
be required to opt for Physical KYC process and submit duly signed FATCA Declaration.
 The client is required to upload all documents, records [Link] shall be verified with the originals
/ authenticated as per prevailing regulatory guidelines as stipulated in Know Your Client documents
in order to open account.
 Client shall be required to affix his own digital signature / e-sign at the relevant pages of account
opening form so as to enable MOFSL to open the said account.
 The Client is required to fill necessary details and make payment via online mode through his
registered Bank Account - Net banking facility. MOFSL after receipt of the payment towards account
opening charges for Trading Account etc. shall send the account opening document at the registered
E-mail ID furnished by the client.
 MOFSL shall reject the application if it is found that the client is barred from trading or any
investigation from SEBI or any other regulatory authorities is pending against the said client,
decision taken by MOFSL shall be final and binding upon the client.
 MOFSL does not guarantee the account opening form submitted by the client shall be duly accepted
as the company reserves its right to reject account opening application of the client without
assigning any reason.
 Name of Client at the time of Account Opening – I confirm and understand that my name as per IT
department will be recorded in MOFSL records as Account name, in case there is any mismatch in
name as per Income Tax records and name as per KRA / Aadhaar / Bank Records.

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 DIS booklet - Through E-KYC process, at present, only those client can open the account who do
not wish to obtain DIS for time being. In case client wish to obtain DIS booklet immediately on
opening of demat account then client shall be required to opt for Physical KYC process.
 Login Confidentiality – Client agree and confirm that any instructions set via online trading account,
which requires client to enter login credentials is known only to client and no other person. Client
must not share trading / demat account details/login credentials with any other person. In case any
such login details are shared by client with another person, all risks/liabilities taking place from
clients account for instructions placed by any such third person from account will be indemnified by
client himself. MOFSL or any of its agents or employees, will not ask for any login details or
Passwords from you in any manner whatsoever.
 I confirm that I am not Illiterate / Disabled Person / Blind person /Person with mental disability

 I confirm to have read and understood the contents of Rights & Obligations, Dos & Donts for the
investors, Guidance Notes, Risk Disclosure documents of all the segments availed by me as well as
Policies & Procedure document & Voluntary clauses.

 I wish to activate the Margin Trading Facility provided by MOFSL in my trading Account. I have gone
through the entire Rights and Obligations document with regards to the same and further confirm
that I shall agree and abide by the same.
 Applicable Brokerage, DP Tariff & other charges as applicable to my account is explained to me and
I am aware that the same can be modified under intimation to me.

Consent Form

 I authorizes Motilal Oswal Financial Service Ltd. (MOFSL) to access my data / information /
photograph etc. from UIDAI, for the purpose of opening Trading and Demat Account.
 I hereby confirm that data available in Aadhaar is true, correct and updated. If there will be any
modification in Aadhaar data, the same will be intimated to MOFSL separately.
 I confirm that I am an Indian Resident, born in India and my sole country of tax residency is India.
I am not US person/Resident of Canada/ countries falling under CRS thus FATCA & CRS Declaration
is not applicable to me.
 I hereby give my consent for allowing me to trade in all Exchanges in various permitted Segments
i.e. Equity, Mutual Fund, Debt, Equity Derivatives, Currency Segment and Commodity Derivatives.
I select these segments as my trading preference for investment / trading purposes. I further
understand that I will be permitted to trade in Derivative segment once I submit financial details.

 My Correspondence address is same as Permanent address, which is recorded in Aadhar database.

 I am neither politically exposed person, nor related to one.

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 I wish to avail the facility of Internet and Mobile trading and also want to receive all communication,
standard documents and Contract Note in electronic form on Email id provided by me at the time of
Account opening and mentioned on KRA page.
 I wish to execute Demat Debit and Pledge Instruction (DDPI) Authorisation in favour of MOFSL for
the purpose of ease of operation considering the benefits related to the same.
 My primary purpose of dealing in equity is Intraday & investment and primary purpose of dealing in
derivative is Trading as well as investment.
 I have no GST registration and GST is not applicable to me.
 There are no action/proceedings initiated/pending/taken by FMC/SEBI/Stock exchange/any other
authority against me for dealing in securities markets during the last 3 years.
 I intend to invest in stock/commodity market with Own Funds only. (Not Applicable for Minor)
 I wish to receive DP A/C statement on monthly basis and request to receive Electronic Transaction
cum holding Statement at my Email ID.
 I instruct the DP to receive each and every credit in my / our account only.
 I wish to opt for Electronic Access to Securities Information (easi) facilities.
 I wish to receive dividend / interest directly in to my bank account through ECS.
 I would like to share the email id with the Registrar & Transfer Agent (RTA).
 I would like to receive the Annual Report through electronic mode only.
 Currently I do not wish to opt for BSDA scheme although my demat account may be eligible for the
same in future and I request MOFSL to continue my demat account in normal scheme as availed by
me at the time of account opening / modified (if any) to avail regular DP Services.
 I wish to avail TRUST facility. This facility will allow us to meet the securities settlement obligations
by confirming to an SMS received by CDSL to debit my demat account.
 DIS booklet- I do not wish to obtain DIS for time being.
 Authority to retain funds as Running account- I wish to settle with you once in a calendar quarter
and not in once in a calendar month. Further I can request for the release of pay-out any time after
adjusting all dues towards MOFSL. I am entitled to revoke this Running Account Authorization at
any time.
 As per my knowledge, I am not having Trading & Depository Account outside MOFSL. We shall
inform to MOFSL separately if the same is opened later.

 I have not been introduced by any Introducer

 I hereby request you to consider the data like Proof of Identity (POI) and Proof of address (P0A)
and any other information downloaded from other sources like KRA / CERSAI.

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 I hereby confirm that data available with KRA/CERSAI is true, correct and updated. If there will be
any modification in above data, the same will be intimated to MOFSL by me.

 I hereby authorise MOFSL to pledge / Repledge my shares/securities with Clearing Member/Clearing

Corporation/ Clearing House in accordance with regulatory guidelines.

 I confirm that before esigning the EKYC documents, I have gone through the entire KYC and agree
that all my information & details is captured properly on the account opening documents.

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