Motilal Oswal launches paperless e-KYC

Motilal Oswal Financial Services has introduced paperless, e-KYC, instant trading and demat account facility. The brokerage claims to be the first 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 be able to open a trading and demat account 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.