Terms and conditions

This term of sale governs the sale and subscription of Motilal Oswal Financial Services Ltd (MOFSL) Research360 subscription plans (R360).

In addition to this Terms of Sale, by subscribing to this TnC and using it, you also agree to MOFSL 

Terms of Use, Disclaimer, Privacy Policy and the Cookie Policy (Collectively referred to as ‘R360 Terms’).

MOFSL may change these R360 Terms at any time. Your continued use of R360 or other products of MOFSL means that you accept any new or modified R360 Terms that MOFSL come up with. Please re-visit the `Terms of Use' link at MOFSL website from time to time to stay abreast of any changes that MOFSL may introduce.

1. R360

By subscribing to R360, you will gain access to: Research report of Motilal Oswal Financial Services Limited and much more for a duration, as stated in the respective R360 plan opted by you.   

2. Subscription

• Auto-Renewal Subscription: Unless you opt-out of auto-renewal or cancel your subscription, which can be done through your account setting naziya.hussain@motilaloswal.com, R360 subscription will be automatically extended for successive renewal periods of the same duration as the subscription term originally selected, at the then-current non-promotional rate. You will not receive a notice from us that your promotional period has ended or that your subscription has auto-renewed.
• Differing Subscriptions/Promotions. MOFSL may offer a number of types of subscriptions and special promotions. Any materially different terms from those described in this R360 Terms will be disclosed at the time of purchase or in other communications made available to you. MOFSL reserve the right to change or terminate any offered subscriptions/plans or promotions at any time.

3. Payment

• Billing. You can pay for your subscription with the payment instrument accepted by payment gateway/processor (‘’Payment Processors’) appointed by MOFSL . The processing of payments will be subject to the terms, conditions and privacy policies of the Payment Processor in addition to these R360 Terms. MOFSL is not responsible for error by the Payment Processor. By choosing R360 Terms, you agree to pay MOFSL , through the Payment Processor, all charges at the prices then in effect for any use of R360 including for Auto -Renewals in accordance with the applicable payment terms and you authorize MOFSL , through the Payment Processor, to charge your chosen payment provider (your “Payment Method”). You agree to make payment using that selected Payment Method. MOFSL reserve the right to correct any errors or mistakes that the Payment Processor makes even if it has already requested or received payment. If your payment is unsuccessful by reason of insufficient funds, expiration, or otherwise, you remain responsible for any uncollected amount.
• Payment Method. The terms of your payment will be based on your Payment Method and may be determined by agreements between you and the financial institution, credit card issuer or another provider of your chosen Payment Method. If MOFSL , through the Payment Processor, do not receive payment from you, you agree to pay all amounts due on your billing account upon demand.
• Recurring Billing. By placing an order for a subscription, you authorize MOFSL to charge you the subscription fee then in effect at the beginning of each billing period, plus applicable taxes, to your Payment Method. You acknowledge that the amount charged each billing period may vary for reasons that may include price changes, changing your subscription, or changes in applicable taxes, and you authorize us to charge your Payment Method for such varying amount each billing period. Applicable taxes may vary. For example, you authorize us to charge your Payment Method the promotional rate disclosed on the subscription screen in the initial billing period (if applicable) and the regular subscription rate in subsequent billing periods, each with applicable taxes. MOFSL automatically bill your Payment Method on the first day of each billing period. MOFSL reserve the right to change the timing of MOFSL billing, in particular, in the event your Payment Method has not successfully settled.
• Current Information Required. You must provide current, complete and accurate information for your billing account. You must promptly notify us or our payment processor if your payment method is cancelled (e.g., for loss or theft) or if you become aware of a potential breach of security, such as the unauthorized disclosure or use of your user name or password. Changes to such information can be made in your account settings. If you fail to provide any of the foregoing information, you agree that MOFSL may continue charging you for any use of R360 under your billing account unless you have cancelled your R360 subscription.
• Price Changes. MOFSL reserve the right to charge subscription fees for any of ITS subscriptions at any time. MOFSL will notify you of any changes if the regular fee for your subscription changes from what was stated at the time of your initial order. You will have an opportunity to cancel your subscription at that time. If you do not cancel your subscription, you will be charged the new subscription fee at your next billing period.
• Billing Period. MOFSL will charge the subscription fee at the commencement of your subscription or, if applicable, at the end of your free trial period (if any), and automatically on the first calendar day of each billing period thereafter unless and until your subscription is cancelled.

4. Cancellations and Refunds

• Cancellations. You can cancel your subscription at any time by writing email to research360@motilaloswal.com__. You must cancel your subscription at least 5 (five) Business working days before it renews each billing period to avoid billing of the next billing period’s subscription fees to your Payment Method. Accordingly, when you cancel, you cancel only future charges associated with your subscription, and you will not receive a refund for the current billing period. Your cancellation will become effective at the end of your current billing period, and you will continue to have access to your subscription for the balance of the billing period.
• Refunds. Payments are non-refundable, and there are no refunds or credits for partially used billing periods. 

Disclosure and Consent. By purchasing a R360 subscription and/or clicking on the box at subscription account / account opening, you consent to receive notices, disclosures, agreements, policies, receipts, confirmations, transaction information, account information, other communications, and changes or updates to any such documents electronically (collectively, the “Electronic Communications”). MOFSL will provide these Electronic Communications to your “My Account” page, and/or emailing them to your primary email address associated with your R360 subscription.

5. KYC Procedure

As per SEBI RA advisory circular, client to share KYC details for availing advisory services. RA shall be required to follow KYC procedure as specified by SEBI for their fee paying clients and maintain the KYC record and upload the KYC details on KRA system https://www.sebi.gov.in/reports-and-statistics/reports/aug-2024/consultation-paper-on-review-of-regulatory-framework-for-investment-advisers-and-research-analysts_85509.html

By accessing the subscription services of Research 360 offered, you agree to the following terms and conditions regarding the submission and processing of your KYC (Know Your Customer) documentation. You expressly authorize us to submit the KYC documents provided by you to the designated KYC Registration Agency (KRA) for the purpose of verifying your identity and ensuring compliance with applicable regulatory requirements. The KYC documentation is collected to verify your identity and adhere to legal and regulatory obligations. You confirm that all information and documents provided are accurate, authentic, and up-to-date, and acknowledge that any misrepresentation or submission of false documents may result in the termination of your access to the subscription services.

We reserve the right to deny access to subscription services if the KYC documentation provided is incomplete, inaccurate, or unverifiable. This process is conducted to comply with the applicable legal and regulatory framework, and your cooperation and consent are essential for fulfilling these obligations. By proceeding with the subscription services, you acknowledge that you have read, understood, and agreed to these terms and conditions.