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Demat account opening made easy with MO Riise: A step-by-step guide

By Palmira Green / June 13, 2025

Thinking about opening a demat account? A demat account is essential for anyone looking to hold financial instruments like shares, mutual funds, and bonds in digital form. It replaces physical paperwork, minimises risks like loss or damage, and helps you manage all your holdings from one place with complete transparency.

Despite these benefits, many hesitate to open a demat account as most platforms involve lengthy paperwork, confusing steps, long wait times, and concerns over data security. That is where MO Riise steps in. Backed by Motilal Oswal, a SEBI-registered public entity, the app offers a 100% paperless way to open your demat account from your phone.

Opening a demat account on MO Riise step-by-step

First, download MO Riise from the Google Play Store or Apple App Store. Now, follow these steps to open an online demat account effortlessly:

  1. Enter your name and mobile number

The number should be linked to your Aadhaar card because you will get a One-Time Password (OTP) for identity verification. Enter the OTP, then provide your PAN. The system will check your PAN against a government-authorised database to validate it.

  1. Provide your personal information

Provide general personal details, like:

  • Marital status
  • Education qualification
  • Occupation
  1. Add additional financial information

Here, you will have to declare your:

  • Income range (e.g., ₹1-5 lakh)
  • Investment/trading experience (e.g., 1-2 years)
  • Political exposure status (yes or no)

Confirm your Indian citizenship and accept the terms and conditions.

  1. Provide a digital signature

You may now be asked to draw your signature on the screen. This could be used in all your Know Your Customer (KYC) forms and legal documentation.

  1. Upload your photograph

Your identity will be verified using this photo, so choose a well-lit, recent image that resembles your Aadhaar photo.

  1. Upload income proof (only for Future and Options (F&O) traders)

Acceptable income proof documents include:

  • Latest salary slip
  • Last 6 months’ bank statement
  • Form 16
  • Latest Income Tax Return (ITR) acknowledgment
  1. E-sign KYC form

The e-sign process, completed via eMudhra, digitally authenticates your signature on the KYC form.

  1. Complete video KYC formalities

Record a short video of yourself while holding your PAN and Aadhaar card, reading the statement shown on the screen.

  1. Aadhaar re-verification

Enter your Aadhaar number when prompted and give the OTP. Once verified, your Aadhaar will be officially linked to your demat account. After that, you are all set to start trading, buying mutual funds, or applying for IPOs.

Benefits of opening a demat account on MO Riise

40+ lakh investors and traders put their trust in MO Riise due to the following features:

All-in-one financial platform: Access Indian equities, US stocks, mutual funds, futures & options, IPOs, NFOs, and even bonds from a single app.

Free account setup: You pay no fees to open your demat account. Registration is simple and free.

Expert research: Get access to high-quality research on 260+ stocks covering 21+ industries by experts.

Fast order execution: Quick execution enables you to secure trades at the price you aim for.

Strong security measures: Your demat account and transactions stay protected with PIN, biometric login, and strong data encryption.

Margin Trading Facility (MTF): Get up to 4x margin and trade with enhanced buying power.

StoCoMo: Access StoCoMo, a thriving community of traders and investors with up to 1.5 lakh participants. You can participate in live webinars and weekly sessions to gain insights from Motilal Oswal experts and stay updated on market trends, trading strategies, and sector-specific opportunities.

Educational content and 24/7 help: A helpful FAQ section offers clear answers to common questions within the app. For any queries, round-the-clock support is also available.

To sum up

MO Riise allows you to complete the entire demat account opening process in minutes from the comfort of your home or office. Your PAN, Aadhaar, and bank details are enough to get started. Every step, from document verification to video KYC, is structured to save time and offer high convenience.

From zero account opening fees to fast execution and strong research support, the platform offers everything you need to begin trading and investing with confidence. With an in-app community like StoCoMo, margin trading, educational resources, and 24/7 support, MO Riise brings both convenience and capability in one app.

So, what’s the delay for? Open your demat account on MO Riise today!

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