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Open Zerodha Account (Zerodha Account Opening Process, Documents and Charges)


7,392,836 Clients

Zerodha Account Opening Enquiry

Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

Zerodha Account Opening Charges 2024

Zerodha account opening charges are Rs 200 (Free for age under 25) for a trading account and Rs 0 for Demat account. Zerodha charge Rs 300 AMC for Demat account.

TransactionCharges
Trading Account Opening ChargesRs 200 (Free for age under 25)
Account AMC ChargesRs 0 (Free)
Demat Account Opening ChargesRs 0
Demat AMC (Yealy)Rs 300

Zerodha is a Bangalore-based discount stock broker. Zerodha offers online stock and other securities trading to retail customers. Since its inception in Aug 2010, Zerodha has grown significantly over the years.

Commonly asked questions before opening an account with Zerodha

  • Is Zerodha safe?

    Yes, Zerodha is a safe, reliable and trustworthy broker.

  • Does Zerodha offer commodity trading?

    Yes

  • How much brokerage does Zerodha charge?

    Rs 20 per trade flat

  • Do I have to keep a minimum balance in my account?

    No

  • Is there a fixed monthly charge?

    No

  • Do I have to pay for software uses?

    No, all trading software and tools are free. However, access to partner products are chargeable.

  • How much is the demat transaction changes?

    Rs 13.5 per script per day on sell transaction.

  • Does Zerodha have branches?

    Zerodha is an online broker with over 120+ partner offices across India.

  • How Zerodha charge so less brokerage?

    They use the latest technology and keeping the cost low.

Find 20 reasons why you should open an account with Zerodha.


Open Zerodha Account Online / Offline

To trade (in stock, commodity or currency) or to invest (in stocks, mutual funds) with Zerodha, a customer has to open a trading account and a demat account. The demat account is not mandatory for customer planning to trade only in derivatives.

Zerodha offers 3 types of accounts:

  • Trading account for equity and currency derivatives.
  • Demat account to take delivery of stocks.
  • Commodity account to trade commodity futures on MCX.

Zerodha also offers 2-in-1 account (a combo of trading account and demat account) which offers smooth automatic transactions between these two accounts.

One customer account has access to all the segments but each segment has to enable separately at the time of account opening or at later point of time.


Open Zerodha Account Online (Zerodha account open step by step)?

Zerodha offers an online paperless account opening to all customers. An individual can open a 2-in-1 account (trading + demat account). Follow the steps below to open a Zerodha demat account online:

  1. Visit Zerodha.com.
  2. Click on the "signup" button.
  3. Enter your mobile number.
  4. Confirm the OTP received on your mobile phone.
  5. Enter personal details i.e. name and email ID then click continue.
  6. Enter your PAN ID and Date of Birth and click continue.
  7. Pay for account opening either through UPI or Netbanking or debit or credit card. Click continue.
  8. In this step, an investor needs to log in to Digilocker using your Aadhar card and click next.
  9. The investor will receive a temporary OTP, Enter it and click Allow to access Aadhar Data. It will prompt a success message.
  10. Then a profile page will appear where an investor needs to update information such as father's name, mother's name, Income range, trading experience, occupation and political exposure.
  11. In the next step, the customer must link the bank account, whereby their bank details are checked in the background. The name of the bank account is compared with the IT database and if it matches, the investor does not have to provide proof of the bank account. However, if it does not match, the customer must provide proof.
  12. Investors can link using IFSC or UPI ID.
  13. The customer must then go through IPV verification, where they must allow the camera to access and record a video of an investor.
  14. Next comes the upload page where all the required documents need to be uploaded, such as a copy of the PAN card or a proof of signature.
  15. Then click on esign for Equity. Confirm the details and proceed with the signing.
  16. Scroll to the bottom of the page and click on Sign Now.
  17. Enter your Aadhar number or VID and enter the OTP that you have received on your registered mobile number.
  18. With this step, the registration process is complete and the account can be opened.
  19. You will then receive a message that the application is complete and you will receive the login details by email.
  20. This step completes your account opening process.

Zerodha Account Opening Documents Required (Online)

The following documents are required for the online opening process of the Zerodha account:

  • Mobile number and email ID:

    For conveying important information. Verified through One Time Password.

  • Permanent Account Number:

    Mandatory as per SEBI Guidelines for verifying details such as identity, eligibility for trading and demat accounts, and compliance with Know Your Customer (KYC) norms across exchanges and depositories.

  • Address:

    The address should be verified using Digilocker to upload an Aadhar. XML copy of Aadhar is saved with Zerodha.

  • Bank Details: Bank details such as MICR and IFSC codes are collected for secure fund transfer. Depositories receive these details to ensure accurate payout of corporate actions such as dividends.

  • Background Information:

    For regulatory compliance and risk assessment, Zerodha collects background information including name, date of birth, photograph, address, educational qualifications, occupation, residential status, trading experience, income details, and marital status.

  • Nominee Details:

    To add an authorized representative, clients must provide their name, mobile number, and email. This enables them to perform certain actions related to processing applications and billing after their identity is confirmed.

  • Signature proof:

    The physical signatures are employed as an additional layer of authentication when cross-checked with the submitted application forms.

  • Income Proof:

    To identify the financial capabilities of an investor. It is optional in the case of trading in F&O.


Zerodha account opening age limit

  • Anyone who is 18 years or above and has a regular PAN card can open a Zerodha account.
  • Anyone who is 18 years or older but has a minor PAN card must convert it to a regular PAN card to open an account.

Zerodha account opening time

The Zerodha account will be opened within 72 hours if the KYC has been verified and the documents submitted are correct.

If the KYC is not up to date, the account opening may take longer than 72 hours. In such a case, an investor can create a ticket to track the account opening status.


Zerodha Account Opening Status

Zerodha takes 2 working days to open the account after they receive the signed account opening forms. The customer receives an email confirmation after the account is opened.

If you do not receive a welcome email after 2 days, please call the Zerodha support team, and they can tell you the account opening status.


Zerodha Account Closure

The process to close a Zerodha account can be initiated either online or offline. To close an account, follow these steps:

  1. Login to Console.Zerodha.com
  2. Select Account Tab
  3. Click on Segments and then the Account closure tab
  4. Enter the reason for account closure
  5. Click Continue
  6. Check the box for Terms and Conditions and click the proceed button for e-signature
  7. Select the check box to authorize NSDL.
  8. Enter the Aadhaar number and click on Send OTP
  9. Enter the OTP and click on Verify OTP

After you request to close your account with Zerodha, the company will process your request within 72 business hours.

FAQs

  1. What is Zerodha account opening charges?

Zerodha charges Rs. 200 for online account opening (Free for people under 25). The AMC for the demat account is Rs. 300 per annum. Read more about Zerodha's charges here.

  1. is it safe to open Zerodha account online?

Yes, it is safe to open an account with Zerodha. Zerodha is a SEBI registered broker and a member of the NSE and BSE.

  1. Can Zerodha account be opened on Sunday?

Yes, you can open a Zerodha account on a Sunday.

  1. How to cancel Zerodha account opening?

If you have paid account opening charges then it is nonrefundable. However, if you wish to close your account you can follow this process.

  1. Login to Console.Zerodha.com
  2. Select Account Tab
  3. Click on Segments and then the Account closure tab
  4. Enter the reason for account closure
  5. Click Continue
  6. Check the box for Terms and Conditions and click the proceed button for e-signature
  7. Select the check box to authorize NSDL.
  8. Enter the Aadhaar number and click on Send OTP
  9. Enter the OTP and click on Verify OTP

After you request to close your account with Zerodha, the company will process your request within 72 business hours.

  1. How much time it takes to open a zerodha account?

It takes 72 hours for the Zerodha account to be opened after KYC and document verification. If the account opening is delayed by more than 72 working hours, customers can raise a ticket. To track the account opening status, log in to signup.zerodha.com.

  1. What documents need to open Zerodha account?

The following documents are required to open an online account:

  • Self-attested copy of the PAN with the signature below the signature of the applicant.
  • A scanned copy of the signature. The signature must be in black or blue ballpoint pen or ink pen. Markers or sketch pens are not allowed.
  • Aadhaar card number.
  • A bank proof in the name of the customer. The bank proof can be any of the following: a personalized cancelled cheque with the name printed on it, a bank statement, a copy of the passbook clearly showing the account number, bank logo, seal, MICR, and IFSC code.
  • Proof of income, if a client wishes to trade F&O. The proof of income, can be one of the following:
  • Bank statement with bank logo and seal for the last six months with an average balance of more than Rs.10,000.
  • The latest salary slip with a monthly gross income of more than Rs 15,000.
  • ITR acknowledgement with a gross annual income of more than Rs 1,20,000.
  • Form 16 with a gross annual income of more than Rs 1,20,000.
  • Certificate of net worth more than Rs 10,00,000.
  • Statement of demat holdings with a current holdings value of more than Rs 10,000.
  1. Can I open Zerodha account with new bank account?

Yes, you can. Customers can link multiple bank accounts to one Zerodha account. One primary and two secondary bank accounts. Funds can be deposited to and withdrawn from the Zerodha account via the primary bank account. The secondary bank accounts can only be used for deposits to the Zerodha account, not for withdrawals.

Zerodha Special Offer

Free stock trading and mutual funds

  • Free account opening for people under 25.
  • Brokerage-free share delivery trades and flat Rs 20 per trade for Intraday & F&O +
  • Brokerage-free Direct Mutual Fund investment + +
  • Trade with the best trading platform in India.

This is a limited time offer. Open an instant Zerodha account online and start trading today.

Frequently Asked Questions

  1. 1. How to open demat and trading account with Zerodha?

    Zerodha offers online account opening facilities to its customers.

    Steps to open Zerodha account online

    1. Visit the Zerodha website.
    2. Click on the Sign up Now button.
    3. Enter your mobile number and click on Continue.
    4. Enter the 6-digit OTP received on your mobile number. Click on Confirm.
    5. Verify your email id by entering 6 digits OTP received on your email id.
    6. Enter your PAN No. and Date of Birth. Click on accept and Continue.
    7. Pay the account opening fees using UPI or through Net banking.
    8. Sign in to your Digilocker account to share your Aadhar details with Zerodha.
    9. Allow Zerodha to access your Aadhar details.
    10. Enter your bank account details and background information.
    11. Read all the instructions and tick all the checkboxes and Continue.
    12. Write the displayed OTP on a piece of paper and hold it in front of a camera to complete the online In-Person verification (IPV).
    13. Upload all the required documents like PAN, Aadhar card, canceled cheque, signature photo proof, and Income proof (mandatory only for derivatives trading)
    14. Complete E-sign with Aadhar.
    15. Verify your Email ID by entering your security code.
    16. Review the account opening form and click on Sign Now.
    17. Enter your Aadhar No. and the OTP and click on Submit to complete the online account opening process.

     

     

  2. 2. Is Zerodha a genuine stock broker?

    Zerodha is a stock broker registered with SEBI, BSE, NSE and MCX. It is a SEBI approved broker authorized to offer trading services in stock, currency and commodities. Like other stock brokers, Zerodha is regulated by SEBI and audited regularly by stock exchanges.

    Zerodha is as genuine as other stock brokers in India.

    Below are a few key facts about Zerodha:

    • Largest stock broker in India in terms of the number of clients. Over 10L customers.
    • In the retail brokerage business since 2008.
    • Solid local presence with over 200 branches & partner offices across India.
    • Account for over 10% of daily retail trading volumes across exchanges.
    • Among the most trusted stock broker in India with very few complaints.
    • Winner of many prestigious awards including retail brokerage of the year 2018 by NSE.
    • Founded by 1st generation entrepreneurs.
    • Run by a team of highly professional and dedicated employees.
    • Customer focused business model.
    • Massive investment in technology for the future.

     

     

  3. 3. How to open Zerodha account offline?

    You can open Zerodha account offline in 2 ways:

    1. Request a callback from Zerodha. A sales manager will send you the account opening forms via email and take the process forward.
    2. Visit the Zerodha.com website. Download the application forms. Print, fill and sign it. Courier it to the company address mentioned in the form along with necessary documents.

    Note: The account opening fee for an offline account is Rs 400 and the online account is Rs 200.

     

     

  4. 4. Is Zerodha good for Mutual Funds?

    Zerodha is indeed the best broker in India for Mutual Fund investment. Following are the reasons:

    • Coin, the Mutual Fund investment platform offers is the best app/website.
    • Zerodha offers Direct Mutual Fund which results in an extra saving of over 2% per year. In the case of Direct Mutual Funds, the Asset Management Companies (AMC) doesn't pay any commission to the broker. The benefits are passed on to the customer.
    • Mutual Fund investment with Zerodha is free . No brokerage, no upfront or trail commission from fund managers, no software uses charges and no other hidden fees.
    • Free money transfer to Zerodha using UPI.
    • Systematic Investment Plans (SIP) is available to all customers. Invest lump sum or use SIP.

     

     

  5. 5. What is an account opening charge in Zerodha?

    You have to pay online account opening charges while opening the account. The account opening fees charged by Zerodha is as follows:

    Zerodha Account Opening Charges

    Account

    Fees

    Online Trading and Demat Account

    Rs 200

    Offline Trading and Demat Account (Paper Form)

    Rs 400

    Online Trading, Demat, and Commodity

    Rs 300

    Offline Trading, Demat, and Commodity (Paper Form)

    Rs 600

    Request a callback from Zerodha for account opening.

    Note: For offline account opening (signing paper forms), the fees should be paid by cheque along with the application form.

     

     

  6. 6. Who owns Zerodha?

    Zerodha Broking Ltd (formally Zerodha LLP) was founded by Nithin Kamath and Nikhil Kamath in 2010. Zerodha is a Bangalore based company engaged in the business of stock and commodity trading.

    Zerodha was the first brokerage firm to offer online discount brokerage services. It offers trading at BSE, NSE and MCX at a flat rate of Rs 20 per trade. Zerodha offers brokerage free equity delivery and mutual fund investment.

     

     

  7. 7. How to open Zerodha demat account online?

    Zerodha offers a demat account with CDSL. To open Zerodha demat account online, you need to:

    1. Request a callback from Zerodha sales team for account opening.
    2. Or visit the Zerodha.com website, click on the signup button and enter your mobile number. Enter the OTP received and then fill the required personal details.

     

     

  8. 8. Can I have two Zerodha Accounts with the same name?

    No. An individual can open only one trading account or demat account with a particular broker. You cannot open two trading accounts with same PAN number with Zerodha.

    Note: You could open another trading or demat account with the same name and pan number with other brokers. But this can't be done with one broker because of SEBI regulations.

     

     

  9. 9. How to open Zerodha trading account?

    Zerodha offers its customers a 2-in-1 account wherein the trading and demat account are linked. You can open the Zerodha trading account online as well as offline.

     

     

  10. 10. Does Zerodha Provide Trading tips?

    No. Unlike full-service brokers, Zerodha doesn't provide trading tips, research, advisory or recommendations. They also do not offer services like portfolio management services (PMS), wealth management and relationship managers.

    Zerodha is a 'no-frills' 'online' 'discount' stock broker. It offers stock and commodity trading ultra-low brokerage charges. They don't have an in-house research team.

    Zerodha brokerage services are designed for people who can trade by themselves with little help from the broker. To reward these do-it-yourself traders, Zerodha charges over 60% lesser brokerage fees in comparison to full-service brokers like ICICI or Sharekhan.

    By not offering add-ons like stock research, Zerodha saves huge cost. They are technology focused broker offering the best online trading platform for a fraction of brokerage fee.

    Zerodha has an education platform called 'Varsity' to educate investors and traders in taking their own investment decision.

     

     

  11. 11. How to open Zerodha commodity account?

    You can open a Zerodha commodity account along with the equity trading & demat account. The online account opening fee is Rs 300. The account can be opened online by visiting visit Zerodha.com website.

    Request a callback from Zerodha if you need assistance with account opening.

     

     

  12. 12. Is It necessary to open a demat account with Zerodha?

    It is necessary to open a demat account with Zerodha to trade equity, commodity, or currency. The demat account opening along with the trading account is mandatory at Zerodha.

    Zerodha does not allow you to open only a trading account without the Demat account. Even when you have a Demat account with any other broker, you need to open a Demat account with Zerodha with the trading account to trade in Equity, F&O, Commodity, and Currency.

    As per SEBI mandate, the Demat account has been a mandatory requirement for trading in Equity stocks for quite some time. For F&O, the Demat account requirement came into effect from October 2019 with the introduction of physical settlement of F&O Stock contracts.

    Trading in commodity and currency derivatives generally does not require a Demat account. However, Zerodha does not allow Commodity or Currency trading accounts without an Equity Trading and Demat account.

     

     

  13. 13. What are the documents required for Zerodha account opening?

    The documents required for Zerodha account opening are:

    1. PAN card
    2. Aadhaar (Only for an online account opening)
    3. Cancelled cheque/Bank statement to link your bank account
    4. A photo
    5. Income proof (Form-16/IT acknowledgement copy/6-month Bank statement/Latest salary slip)

    Request a callback from Zerodha for assistance from Zerodha account opening team.

     

     

  14. 14. What is required for Zerodha account opening?

    The requirements depend on whether you want to open an account online or offline. Here's what you need:

    Online Account Opening

    1. PAN card
    2. Aadhaar (Your current mobile number linked with it)
    3. Cancelled cheque/Bank statement
    4. A photo
    5. Income proof (Form-16/ IT acknowledgement copy/6-month Bank statement/Latest salary slip)

    Offline Account Opening

    1. Filled application form
    2. Attach supporting documents:
      1. PAN card
      2. Cancelled cheque/Bank statement
      3. A photo
      4. Income proof -Form-16/ IT acknowledgement copy/6-month Bank statement/Latest salary slip
      5. A cheque for Account Opening charges

    Request a callback from Zerodha for assistance from Zerodha account opening team.

     

     

  15. 15. How to close Zerodha Demat Account?

    The Zerodha Trading and Demat account get deactivated if you do not use them for 6 months. This dormant trading account can be activated by calling Zerodha.

    If you are a Zerodha customer and not using the account anymore or moved to another broker, it is recommended to close the account to avoid paying AMC charges. It also reduces the chance of misusing the account by someone else.

    Zerodha customer may close the accounts with Zerodha at any point of time. Below pre-check has to be done before sending the requests for Closure of demat account.

    1. It should not have Debit Balance in your account.
    2. It should not have any shares in your account.
    3. All holders are required to sign the closure request form.

    The easiest way to close the account with Zerodha is to submit an application for Account Closure. The Zerodha account closure application form can be downloaded from Zerodha's website. Customer can fill the form, sign it and courier it to the Bangalore office.

    Note that after the application for account closure is received, it may take up to 2 working days to close the account. The customer receives the email notification with the status updates on account closing procedure. Zerodha do not charge anything for account closure.

     

     

  16. 16. How much time Zerodha take to open an account?

    Zerodha takes 2 to 3 days to open an account once they receive the online or offline account opening application. The applicant receives a confirmation email once the account is opened. These emails are followed up by the credentials to log in to the trading application.

     

     

  17. 17. How to close Zerodha account online?

    No, you cannot close the Zerodha account online. You can only close it by submitting a physical Account deactivation/closure form. Download, fill and sign it and send it to the company's registered office.

     

     

  18. 18. How close Zerodha account?

    Zerodha account can be closed easily by sending a signed application form to the Zerodha office. Note that the account closure facility is not available online. To close the Zerodha account, download Account deactivation/closure form, print it, fill it, sign it and send it to the address mentioned in the form.

     

     

  19. 19. How to delete Zerodha account?

    Customers who are not using the Zerodha account are recommended to close the account to avoid AMC charges and misuse. Due to regulatory requirements, the account closure process is a manual process. The customer has to submit an application for Account Closure. Here are steps to delete or close Zerodha account:

    1. Download the Account deactivation/closure form
    2. Print, fill and sign it. All account holders must sign it.
    3. Attach all unused DIS (Delivery Instruction Slip)
    4. Send it to the company's registered office.

     

     

  20. 20. Does Zerodha require demat account?

    Yes, you need to open a demat account with Zerodha. It doesn't allow opening a trading account without opening a Demat account. You need to apply for a 2-in-1 account combining trading & demat account.

     

     

  21. 21. How to deactivate Zerodha account?

    You can deactivate Zerodha account if you want to temporarily stop trading. This will keep the account in freeze but will attract charges like AMC. To de-activate your account:

    1. Download the Account deactivation/closure form
    2. Print, fill and sign it.
    3. Check on 'deactivate account'.
    4. Send it to the address mentioned on the form.

     

     

  22. 22. What is IPV Zerodha?

    In-person verification or IPV is a mandatory process for opening an account. It is a process to verify the documents submitted. You need to show the originals of the documents submitted during the account opening. IPV can be done physically or online through a webcam.

     

     

  23. 23. Zerodha me account kaise khole?

    You can open a Zerodha account online as well as offline. Here are 4 ways; you can open an account with Zerodha:

    1. Go to the Zerodha.com website, click on signup and enter your mobile number. Next, enter the OTP received and fill the required personal details.
    2. Call Zerodha customer care number. A sales manager will be assigned who will send you the forms via email and assist you in the account opening.
    3. Download the application form PDF from the website. Print, fill and sign it. Courier it along with necessary documents to the company address mentioned in the form.

     

     

  24. 24. Can NRI open account in Zerodha?

    Yes. Zerodha is a leading online discount broker offering 2-in-1 account services to NRI. Zerodha does not have a banking license hence an NRI has to first open NRE/NRO bank account with HDFC Bank, Axis Bank, or Yes Bank/Indusind Bank.

    Zerodha does not offer an online account opening process for NRI customers. An NRI has to download the PDF account opening form, fill it, sign it, and send the duly filled form to Zerodha's designated office along with the necessary documents.

    Read Zerodha NRI Account Review for a detailed account opening process.

     

     

  25. 25. Can I open a Demat and Trading Account in Zerodha using my joint bank account?

    Yes, you could link your joint bank account with Zerodha trading & demat account if the signatory method in bank is either or survivor (known as anyone).

    In case the bank account need the signature of both the holder to pass the cheque, the first hold name is a must in trading and demat.

     

     

  26. 26. Is Zerodha account opening free?

    Zerodha account opening is not free. Zerodha offers to open accounts online as well as offline. Zerodha charges extra Rs 300 to open the account offline due to the paperwork involved.

    Zerodha Account Opening Charges (Online)

    • Trading and Demat account: Rs 200
    • Commodity Account: Rs 100

    Apart from account opening charges, Zerodha charges Rs 300 as AMC for maintenance of the Demat account.

     

     

  27. 27. Can I open only a trading account in Zerodha?

    No, you cannot open just a trading account with Zerodha. You are required to open a trading and Demat account with Zerodha.

    Zerodha does not offer only trading account to trade in either of the segments - Equity, F&O, Commodity, and Currency. Even when you want to trade only in Commodities which generally do not require a Demat account, you need to open an Equity Trading and Demat account along with a Commodity trading account.

     

     

  28. 28. Can I open a trading account with Zerodha with a Demat account at another broker?

    No, you need to open the trading as well as Demat account, both with Zerodha.

    It is mandatory to open a Demat account in Zerodha. You cannot map a third-party Demat account opened with another broker to the Zerodha trading account.

     

     

  29. 29. Can Zerodha account be opened on Sunday?

    Yes, you can open a Zerodha account on a Sunday. Opening a Zerodha account for individual is done online and can be done at any time and on any day. But the account opened on Saturdays and Sundays is usually activated for trading on Monday.

     

     

  30. 30. How to cancel Zerodha account opening?

    If you have paid account opening charges then it is nonrefundable. However, if you wish to close your account you can follow this process.

    1. Login to Console.Zerodha.com
    2. Select Account Tab
    3. Click on Segments and then the Account closure tab
    4. Enter the reason for account closure
    5. Click Continue
    6. Check the box for Terms and Conditions and click the proceed button for e-signature
    7. Select the check box to authorize NSDL.
    8. Enter the Aadhaar number and click on Send OTP
    9. Enter the OTP and click on Verify OTP

    After you request to close your account with Zerodha, the company will process your request within 72 business hours.

     

     

  31. 31. How much time it takes to open a zerodha account?

    It takes upto 72 hours for the Zerodha account to be opened after KYC and document verification. If the account opening is delayed by more than 72 working hours, customers can raise a ticket. To track the account opening status, log in to signup.zerodha.com.

     

     

  32. 32. What documents need to open Zerodha account?

    The following documents are required to open an individual account online with Zerodha:

    • Self-attested copy of the PAN with the signature below the signature of the applicant.
    • A scanned copy of the signature. The signature must be in black or blue ballpoint pen or ink pen. Markers or sketch pens are not allowed.
    • Aadhaar card number.
    • A bank proof in the name of the customer. The bank proof can be any of the following: a personalized cancelled cheque with the name printed on it, a bank statement, a copy of the passbook clearly showing the account number, bank logo, seal, MICR, and IFSC code.
    • Proof of income, if a client wishes to trade F&O. The proof of income, can be one of the following:
    • Bank statement with bank logo and seal for the last six months with an average balance of more than Rs.10,000.
    • The latest salary slip with a monthly gross income of more than Rs 15,000.
    • ITR acknowledgement with a gross annual income of more than Rs 1,20,000.
    • Form 16 with a gross annual income of more than Rs 1,20,000.
    • Certificate of net worth more than Rs 10,00,000.
    • Statement of demat holdings with a current holdings value of more than Rs 10,000.

     

     

  33. 33. Can I open Zerodha account with new bank account?

    Yes, you can. Customers can link multiple bank accounts to one Zerodha account. One primary and two secondary bank accounts. Funds can be deposited to and withdrawn from the Zerodha account via the primary bank account. The secondary bank accounts can only be used for deposits to the Zerodha account, not for withdrawals.

     

     

Zerodha Account Opening Enquiry

Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

Read more about Zerodha

Information on this page was last updated on Tuesday, April 30, 2024

Special Offer: Invest without brokerage fees in Equity Delivery and Direct Mutual Funds. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Zerodha and start trading today.

3 Comments

3. भगवान दास धनवानी   I Like It. |Report Abuse|  Link|April 15, 2024 10:17:15 PMReply
प्राइवेट इक्विटी फण्ड ट्रेडिंग अकाउंट क्या होता हे ? Zerodha इसे खोलता हे क्या ? क्या ये एक फ्रॉड हे क्या ?
2. Joseph A D   I Like It. |Report Abuse|  Link|October 17, 2023 8:30:52 PMReply
what is the size of scanned documents to be uploaded at the time of opening
demat account with Zerodha
1. Abdul   I Like It. |Report Abuse|  Link|November 5, 2021 5:29:33 PMReply
Is Kerala Gramin Bank linked with Zerodha