How to open a Demat and Trading Account at Zerodha?
Zerodha account opening key feature
. Paperless online account opening.
- Simple 2-in-1 account opening
(Trading + Demat Account).
- Account
gets activated on the same day in most cases.
- NRI
account is available (paper-based process).
Zerodha Account Opening Process
1. Zerodha Account Opening Steps
To open an instant
online account, visit the Zerodha website and click on
the Signup button. Register using your mobile number and
email. Verify them via OTP.
Zerodha account
opening is a 7 steps process. It is recommended to keep the scan copy of the Aadhaar
Card, PAN Card, Cancelled Cheque, and Signature on an empty page for quick
account opening.
1.
Enter
PAN Number and Date of Birth.
2.
Choose
trading segments and pay Rs 200 account opening fees.
3.
Enter
Aadhaar Number and verify it via OTP.
4.
Enter
additional personal information like the parent's name.
5.
Enter
your Bank account details.
6.
Complete
the In-person verification by recording a video as per the instructions
provided.
7.
Digitally
sign your application form.
Once your
application is submitted, the Zerodha team will review it, open an account and
send you login credentials in an email within 24 hours.
2. Zerodha 3-in-1 account opening process
Zerodha offers 3-in-1 account (Trading
+ Demat + Bank accounts) through its partnership with IDFC FIRST Bank. The
3-in-1 account offers seamless transitions between bank and trading accounts.
When the customer buys/sells shares, the funds are withdrawn or deposited in
the bank account automatically. The customer doesn't have to maintain funds in
a trading account for buying shares. The customer earns saving bank interest
rates on the funds in the bank account.
To
open a 3-in-1 account, you need to open a bank account online with
IDFC FIRST Bank. Once your Bank account is open, you can open a trading and Demat account with Zerodha and
link it with your IDFC bank account.
3.
Zerodha offline account opening form, fees and status
If
your Aadhaar number is not linked to your current phone number, you have to
open Zerodha accounts via the offline process by signing the paper forms.
Zerodha charges Rs 400 for offline account opening.
Zerodha
Offline Account Opening Steps
1.
Download
the PFD Account Opening Form for Equity
trading and Commodity
Trading.
2.
Take
a printout.
3.
Fill
up the details.
4.
Sign
the form.
5.
Attach
the documents required.
6.
Courier
the forms to the Zerodha office.
The
Zerodha team will check the documents and details after receiving the form.
Your account will be opened in two days if all of the required information is
provided.
Zerodha Account opening
documents
1.
Documents Required for Online Account Opening
A
scanned copy is required of the following documents:
|
Document |
Details |
|
Identity Proof |
PAN Card |
|
Address Proof |
Anyone - Driving License, Voter ID, Passport, Aadhar
Card, Bank statement, etc. |
|
Bank Account Details |
Canceled cheque with your name printed on it. If not
please attach your latest Bank Statement |
|
Signature Proof |
Signature on an empty white paper |
|
Income Proof |
Only in the case when the F&O segment is
selected. Anyone - Latest salary slip, ITR, Form 16, 6-month
bank Statement, etc. |
2.
Documents Required for Offline Account Opening
A
paper signed copy is required of the following documents:
|
Document |
Description |
|
Photographs |
One. Paste on the KYC form and sign across it. |
|
PAN Card |
1 copy, self-attested |
|
Address Proof |
1 copy, self-attested - (Driving License, Voter ID,
Passport, Aadhar Card, Bank statement, etc. - Anyone) |
|
Income Proof |
1 copy, self-attested - (Latest salary slip, ITR,
Form 16, 6-month bank Statement, etc. - Anyone) |
|
Canceled Cheque |
The cheque should have your name printed on it, if
not please attach your latest Bank Statement |
Zerodha Account Opening
Time
Zerodha
offers an online account opening.
Customers can submit the online form at any time. Once the application is
received, Zerodha takes around 24 hours to verify the application and open an
account.
Zerodha
team sends an email with your login credentials once the account is opened.
For
an offline paper application form, Zerodha takes two days to process account
opening applications.
Zerodha Account Opening
Charges
Zerodha's online
account opening charges are Rs 200 for the equity segment and Rs
300 for the equity and commodity segments. Offline account opening charges for
the trades on Equity, F&O and Currency are Rs 400.
Zerodha
allows customers to open online and offline accounts through
its trading platforms and website. However, NRI, Partnership, Limited Liability
Partnership, HUF, or Corporate accounts can only be opened via an offline
process.
|
Account
Type |
Equity |
Equity
+ Commodity |
|
Individual Account (online) |
Rs 200 |
Rs 300 |
|
Individual Account (offline) |
Rs 400 |
Rs 600 |
|
NRI Account (offline) |
Rs 500 |
N/A |
|
Partnership, LLP, HUF or Corporate accounts
(offline) |
Rs 500 |
Rs 800 |
Zerodha Account
Maintenance Charges
Zerodha
AMC Charges are Rs 300 per year. Zerodha withdraws Rs 75
from customers' trading account quarterly (every 90 days). Zerodha AMC charges
for the NRI account is Rs 500 per year.
|
Transactions |
Fees |
|
Trading/Demat
AMC |
Rs
300 per year (Rs 75 per quarter) |
|
NRI
Account AMC |
Rs
500 per year |
Note:
- Zerodha
Demat AMC charges are payable to all customers irrespective of the uses of
the account.
- 18%
GST is charged in addition to Rs 75 AMC Fees.
- It
is recommended to close the demat account if it's not in use to avoid AMC
charges.
Conclusion:
Zerodha
account opening process is easy, safe and secure. Zerodha accounts can be
opened from both online and
offline modes. Zerodha account opening charges are Rs 200 (one-time fee).
Zerodha takes a max of 24 hours to open an account once the application is
received.
Zerodha
Account Charges
Zerodha
offers stock trading account and Demat account services. Customer pays the
fees, commission and taxes while trading with Zerodha. Zerodha fee structure
and trading commission rates are explained as below.
To open
Zerodha account you have to pay account opening charges and
annual maintenance charges (AMC).
Zerodha
Account Open Charges | Zerodha AMC 2022
|
Transaction |
Fee |
|
Trading
Account Opening Charges (One Time) |
Rs
200 |
|
Trading
Annual Maintenance Charges AMC (Yearly Fee) |
Rs
0 (Free) |
|
Demat
Account Opening Charges (One Time) |
Rs
0 |
|
Demat
Account Annual Maintenance Charges AMC (Yearly Fee) |
Rs
300 |
ZerodhaBrokerage Charges 2022
Customer
pays a commission (brokerage) when buying or selling stocks through Zerodha.
The brokerage charges for equity, commodities and currency derivative trading
for Zerodha are explained as below.
Zerodha
Flat Brokerage Plan
|
Segment |
Brokerage
Fee |
|
Monthly
Fee (Fixed) |
|
|
Equity
Delivery |
Rs
0 (Free) |
|
Equity
Intraday |
Rs
20 per executed order or .03% whichever is lower |
|
Equity
Futures |
Rs
20 per executed order or .03% whichever is lower |
|
Equity
Options |
Rs
20 per executed order |
|
Currency
Futures |
Rs
20 per executed order or .03% whichever is lower |
|
Currency
Options |
Rs
20 per executed order or .03% whichever is lower |
|
Commodity
Futures |
Rs
20 per executed order or .03% whichever is lower |
|
Commodity
Options |
Rs
20 per executed order or .03% whichever is lower |
Zerodha
Demat Account Charges 2022
The
Demat account transactions are charged separately from the trading commission.
Find Zerodha Demat account charges 2022.
Zerodha
Demat Charges
Zerodha trading and demat account opening charges are Rs 200. Zerodha charges Rs 300 per year demat account AMC. Zerodha demat debit transaction charge of Rs 13.50 per debit transactio
How to
withdraw money from Zerodha account?
You
can withdraw money from Zerodha through Zerodha's back-office platform,
Console.
Steps
to withdraw money from Zerodha
1.
Log
in to Console either
through the desktop browser or mobile browser.
2.
Go
to the Funds Tab and click on Overview.
3.
Enter
the withdrawal amount and click on Proceed.
4.
This
will pop-up a funds withdrawal confirmation window displaying the details of
your mapped bank account.
5.
Click
on Submit Request to complete the withdrawal process.
Themoney gets credited to your bank account within 24 hours.
OPEN YOUR ACCOUNT AND START TRADING NOW.
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