Zerodha Demat Account Charges, Review, Opening

106.67% 2,923,141 Clients

Zerodha demat account is one of the services offered by the company. The service is part of its 2-in-1 accounts that offers the customer an integrated trading account and a demat account for seamless transactions between them.

Zerodha is a depository participant (DP) with Central Depository Services Limited (CDSL).

Zerodha Demat Account Key Features

  • Easy online access to shares, mutual funds etc.
  • The 2-in-1 account offers seamless transaction between trading and demat account.
  • Dividends are credited automatically in the linked bank account.
  • Low debit transaction charges for stock and mutual funds.

Zerodha DP ID (How to get zerodha demat account number?)

Zerodha DP id is 12081600. To know more detail about your the Zerodha demat account, log in into Zerodha Console >> My Profile >> Demat.

Zerodha demat account number is a 16 digit number. It is a combination of Zerodha CDSL DP ID and your Client ID. Both are of 8 digits each. The Zerodha DP id is 12081600 for all customers. You can know your client ID by contacting customer support. For example, if your client ID is 12345678, your demat account number will be 1208160001234567.

Zerodha DP Debit Transaction Charges (Zerodha DP Charges)

Zerodha charges Rs 13.5 per scrip debited from the demat account when you sell your stocks.

For Mutual Funds, Zerodha charges a CDSL Fee of Rs 5.5 per mutual fund debited from demat on redemption.

Zerodha demat account opening document

The following documents are required to open a demat account with Zerodha:

  1. PAN card
  2. Aadhaar (For online account opening)
  3. Cancelled cheque or Bank statement
  4. Copy of your signature proof
  5. Income proof - Latest Salary Slips, Bank Statement, Form-16, ITR etc.

Note: Income proof is required if you are planning to trade in Futures & Options.

Open Zerodha Demat Account

To trade with Zerodha, you need to open a trading and demat account. You could open an online demat account instantly if you have your Aadhar Card linked with your current phone number. If not, you may have to fill a paper form and send it to the Zerodha office.

Zerodha Demat Account Opening Demo



Zerodha Demat Account Opening Time

The online Zerodha demat account is open within a few minutes of the successful verification of the documents on any weekdays.

For offline account opening (paper forms sent to Zerodha, Bangalore office), the account opening takes up to two working days once the documents are received by Zerodha.

About Zerodha

Zerodha is a discount stock broker offering trading services in Equity, Derivatives, Commodity and Currency segments at BSE, NSE & MCX to stock market investors in India.

Zerodha started its operations in 2010, offering deeply discounted brokerage service by leveraging the technology of online trading to keep the cost low. Zerodha disrupted the traditional online brokerage industry in just three years of its inception by making the discount brokerage model actually work. As of Oct 2020, Zerodha has a market share of over 15% of trades done at BSE & NSE.

While Zerodha is primarily focused on equity and commodity trading services, it also started offering add-on services like depository services (or demat account) and mutual funds.

Zerodha Demat Account Opening Charges

To open a new Demat account with Zerodha, the customer may have to pay Demat account opening charges. The broker may also charges Annual Maintenance Charges (AMC), a yearly fee to maintain the Demat account.

Demat Account Opening FeeRs 0
Demat Account Annual Charges (AMC)Rs 300

Zerodha Demat Charges

Zerodha demat account opening is free. It is part of the trading account opening fee of Rs 200. Zerodha charge Rs 300 per year demat account AMC that is payable upfront every quarter. Zerodha demat debit transaction charge in Rs 13.50 per debit transaction.

ID Transaction Charges
1 Demat Account Opening Charges Rs 0
2 Stamp Charges payable upfront (at actuals) Rs 50
3 Annual Maintenance Charges (AMC):
  a. Individuals Rs 300 Per Year + GST (Payable upfront every year)
  b. Corporates Rs 1000 + GST (Payable upfront every year)
4 Transaction Charges per ISIN (Market Trades):
  a. Buy (Receive) Rs 0
  b. Sell(Debit) Rs 13.50 + GST for every debit transaction
5 Inter Depository Transfer (Off-Market Trades):
  a. Buy (Receive) NIL
  b. Sell(Debit) 0.03% or Rs 25 whichever is higher + GST
6 Demat (Per certificate) Rs 150
7 Remat (Per ISIN) Rs 150 (Per certificate) + CDSL Charges
8 Courier charges per Demat/ Remat request Rs 100
9 Pledge Creation Rs 30 per request
10 Unpledge per ISIN -
11 Pledge Invocation per ISIN Rs 20
12 Periodic Statement:
  a. By Email Free
  b. Physical Rs 50 (Couier Charges)
13 Adhoc / Non Periodic Statement Requests:
  a. By Email Rs 10 per request
  b. Physical Rs 50 per request upto 10 pages. Every additional page at Rs 5 (+Courier charges at actual)
14 Delivery Instructions:
  a. First Delivery Instruction Book Free (10 leaves)
  b. Every Additional Booklet Rs 100 (10 leaves)
15 Cheque Bounce/ Per cheque Rs 350
16 Failed Transactions Rs 50 per ISIN
17 Modification in CML Rs 25 per request
18 KRA Upload / Download Rs 50
Zerodha Special Offer

Free Equity Delivery Trading

Get free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.

Frequently Asked Questions

  1. 1. What is the procedure to open a demat account in Zerodha?

    Zerodha offers both online (instant) and offline (paper-based) demat account opening. The easiest way to open an account with Zerodha is by Request a callback from Zerodha

    You could also visit the website to open an instant online account for trading. The process is simple, cheaper and fastest.



  2. 2. Does Zerodha provide demat account?

    Yes, Zerodha provides a demat account to its customers as part of a 2-in-1 account. Zerodha is a member of CDSL and the membership allows it to offer depository services to its customers. A demat account is used to keep the securities in electronic format. It is similar to a bank account but instead of money, it holds shares, mutual funds, bonds etc.



  3. 3. Does Zerodha open demat account?

    Yes, you can open a demat account with Zerodha. Zerodha is a DP member of CDSL, a national depository that manages the account. Zerodha, like other brokers, only facilitates demat account opening. You can open Zerodha demat account online through a paperless process and start trading with-in a couple of days.



  4. 4. What is an AMC charge in Zerodha?

    Zerodha charges a demat AMC (Annual maintenance charges) of Rs 300/year for maintaining your demat account. The AMC is charged every 3 months on a proportionate basis at Rs 75.



  5. 5. Does Zerodha charge AMC?

    Yes, Zerodha charges AMC for a demat account at Rs 300/year. The AMC charge is deducted every quarter. Every quarter Rs 75 is deducted from customers trading account balance with Zerodha.



  6. 6. Does Zerodha charge yearly?

    Zerodha charges demat account annual maintenance charges (AMC) at Rs 300/year as yearly fees. These AMC charges are charged on quarterly basis by deducting Rs 75 from the trading balance account with Zerodha every quarter. All other charges are either based on transactions or are one-time fees.



  7. 7. How much DP charges in Zerodha?

    The DP charges in Zerodha consist of account opening, AMC and various other charges. Click here to check the list of major DP charges in Zerodha.



  8. 8. How to avoid DP charges in Zerodha?

    You cannot avoid paying DP charges if you're using the account. Many charges are charged by the depository CDSL and Government of India as taxes. Even if you're not trading, you will be charged the demat AMC by Zerodha.

    If you have a demat account that you are not using or don't have the plan to use in the near future, it is recommended to close it.

    Other discount brokers like Prostocks offer zero AMC demat account where you don't have to pay any annual maintenance changers.



  9. 9. What is Zerodha DP id?

    Zerodha DP id is 12081600. You can find more detail about your demat account with Zerodha by login into Zerodha Console >> My Profile >> Demat.



  10. 10. What is Zerodha DP name?

    Zerodha DP name is CDSL. You can find your demat account information by login into Console >> My Profile >> Demat.

    The demat information includes:

    • Zerodha DP name: CDSL
    • Zerodha DP ID: 12081600
    • Zerodha Sample Demat Account Number: 1208160001234567


    • DP is short of Depository Participant.
    • The demat account number is a combination of DP ID + Client ID.
    • Use the complete demat account number for IPO applications.



  11. 11. What are Zerodha DP charges?

    The Zerodha DP charges consist of charges levied by CDSL (Depository), Government Taxes and Fees charged by the broker. Click here to check the list of major DP charges in Zerodha.



  12. 12. Is Zerodha account NSDL or CDSL?

    Zerodha is a depository participant of the CDSL depository. This means Zerodha works as a service agent for a demat account which is held by CDSL, one of two central depositories.



  13. 13. Why Zerodha ask for PoA?

    A Power of Attorney (PoA) for Demat Account is a legal document that gives limited legal authority to the Zerodha to operate your demat account. It authorizes Zerodha to debit/credit shares from your account when you buy/sell online or when you want to pledge the shares.

    In online trading, a PoA is required by the broker to meet the obligation of delivering the shares in T+2 days, when the customer sells them online. PoA is mandatory by all the brokers if you are selling stocks with them online. The PoA can be revoked anytime by the customer.



  14. 14. What is my Zerodha demat account number?

    Your Zerodha demat account number is a 16 digit number consisting of DP ID and Client ID. Both are of 8 digits each. The Zerodha DP id is 12081600. It is the same for all customers. You can find your demat account information by login into Console >> My Profile >> Demat.

    A sample Zerodha demat account number is 1208160001234567, wherein the first 8 digits is DP ID and the next 8 digits is the client ID 01234567.



  15. 15. Does Zerodha have a demat account?

    Yes, Zerodha offers demat account services to its customers. You can open a 2-in-1 account consisting of demat and a trading account. The account can be opened online. The demat account is mandatory to invest in the stock market. It holds the Equity Shares, Mutual Funds, ETF and bonds in electronic format.



  16. 16. Does Zerodha offer a demat account?

    Yes, you can open a demat account with Zerodha and avail various depository services offered by the company. Zerodha offers the demat account through its membership with CDSL.



  17. 17. What is BO ID in Zerodha?

    The BO id in Zerodha is a demat account number of the customer. It is beneficiary owner identification number which is a 16 digit number provided by CDSL (the depository) at the time of account opening.

    Sample Zerodha BOID: 1208160002420841

    In this sample,

    • The first 8 digits are the DP id of Zerodha (same for all Zerodha customers)
    • The last 8 digits are a unique client ID provided by CDSL

    Steps to get BO ID in Zerodha

    1. Login to Zerodha Kite Website or Mobile App.
    2. Click on the client ID in the top right.
    3. Click on the 'My Profile' link
    4. Check your DP ID starting with 12081600.
    5. This is your CDSL BO ID.



  18. 18. How to check demat account balance in Angel Broking?

    The demat account balance in Angel Broking is checked by login into the Angel Broking trading platform or by login into the CDSL website.

    Angel website and mobile app have 'Holdings' section which provides the details of the balance in the demat account.

    Angel Broking is a Depository Participant of CDSL. The demat accounts are managed by CDSL. The central depository offers EASI (Electronic Access to Securities Information) which allows registered demat account owners to access their demat account online and check their details anytime anywhere, through CDSL's website.

    Steps to check demat account balance in Angel Broking

    • Visit CDSL's website
    • Click on "Register 'easi' User"
    • Register by providing your demat account number.
    • Create a username and password.
    • Log in to 'My easi'.
    • View your demat account holdings.



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Information on this page was last updated on Sunday, December 27, 2020


1. Vasanth  Dec 26, 2020 02:13 I Like It. | Report Abuse Reply 0
Angel broking: showing 81000 is my total realized g/ it how can I know?how much money is mine? And how much for dp?because in even contract note Also they are not showing dp can I minus dp charges from my funds...


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