How to open a demat and trading account at Zerodha? (Updated: Feb 2021): In this article, we’ll discuss the exact steps to open a demat and trading account at Zerodha. By the end of this article, you’ll have an active Demat account with Zerodha for you, provided you’ve got all the personal documents and follow the procedure discussed in this post correctly.
Anyways, before getting into the steps in this article, let me tell you how and why I opened my Demat and trading account at Zerodha. When I first started investing, I used ICICI direct as my stockbroker for opening my demat and trading account. Although I was happy with the facilities and platforms provided by it, I soon realized that ICICI Direct was very expensive.
Many times, profits were killed by the brokerages in ICICI direct. The worst part was paying too much of brokerage even when you were selling the stock at a loss. Then, I asked for feedback from my friends who were using SBI Smart and HDFC securities. They both were also paying high brokerages and suggested not to go with them. Finally, after researching a lot, I opened my second demat and trading account at ZERODHA .
Zerodha is the biggest discount broker in India with over 30+ lakhs customers. The charges offered by Zerodha are nominal and the trading platform provided by it is also fast and friendly. It charges a brokerage of 0.03% or Rs 20 per executed order, whichever is lower, irrespective of the number of shares or their prices.
This is way cheaper compared to ICICI direct which asked a brokerage of 0.55% on each transaction in equity. If you buy stocks for Rs 50,000 in ICICI direct, then you have to pay a brokerage of Rs 275 (on the other hand, Zerodha will ask for a maximum of Rs 20 any trade). Further, as this amount is charged on both sides of the transaction (buying & selling), hence you have to pay a total of Rs 550 for the complete transactions (which is way too expensive than Zerodha).
In short, if you are planning to enter the stock market world (or even an existing participant), I would recommend opening accounts in this discount broker “Zerodha” so that you can save lots of brokerages.
To get started, here is the direct link to the account opening page at Zerodha.
Table of Contents
Why should you open a demat and trading account at Zerodha?
Zerodha is the biggest stockbroker in India in terms of daily trading volume, growth, and active customer base . It is one of the most technologically advanced and affordable stockbrokers. Zerodha has over +3 million clients and contributes to over 15% of daily retail trading volumes across NSE, BSE, MCX. Even in terms of Active clients trading just on NSE, it has outranked all the other new and traditional brokers.
Started by Nitin Kamath in 2010, as of Aug 2020, Zerodha has been awarded “Startup of the Year” by Economic Times (ET) Startup Awards 2020 and joined the list of distinguished winners that have displayed the potential to go on to become blue-chip corporations. You can read the complete story here . Ironically, Nithin Kamath was named one of the “Top 10 Businessmen to Watch Out for in 2016 in India” by The Economic Times for pioneering and scaling discount broking in India. Here are a few of the famous awards won by Zerodha recently:
— ET Startup of the Year (2020)
— National Stock Exchange (NSE) “Retail brokerage of the year 2019” (& 2018)
— Outlook Money “Retail broker of the year 2017”
— Ernst & Young “Entrepreneur of the year (Startup) 2017”
Benefits of Opening your demat account with Zerodha: If you are still confused about why you should open a demat and trading account at Zerodha, then here are top reasons:
- Rs 0 (FREE) for equity delivery trades.
- Rs 20 or 0.03% whichever is lower per executed order intraday trading and for everything else
- Same pricing for across all exchanges
- No upfront fee or turnover commitment
- Z-Connect, interactive blog, and portal for all your queries
- Over +6 million happy customers with a reputable brand name
- 300+ dedicated support team to ensure the fastest turnaround time for your queries via email or phone
- Trading, charting, and analysis, all rolled into one next-generation desktop platform Pi.
- Minimalistic, intuitive, responsive web-based trading platform Kite
- Average exchange margin utilization of 55% vs. an industry average of 70%—lower risk.
Also read: Zerodha Review –Discount Broker in India | Brokerage, Trading Platform & More
How to open a demat and trading account at Zerodha?
Documents required to open a demat and trading account at Zerodha.
Here are the documents required to open a demat and trading account at Zerodha. I will recommend keeping soft copies of all these documents ready before you apply for opening the accounts as you’ve to upload them during the account opening process:
- PAN CARD (Card not valid without a sign, check reference below).
- Aadhar Card (with linked mobile number)
- Bank Account Proof: Bank passbook front-page photo/ Scan copy or online statement or cancelled cheque. [If you are submitting cancelled, Your name should be PRINTED ON IT , then only it’s accepted]
- Your Signature on a piece of paper (Photo or Scan copy).
- *Income proof(Optional): Proof of Income is required if you wish to trade in F&O or commodity. Acceptable documents are the recent salary slip or the last six months’ bank statement or ITR .
Account opening charges at Zerodha
Here are the account opening charges at Zerodha
- Demat and Trading Account: Rs 200
- Commodity Account: Rs 100
If you want to trade in both equity and commodity, then you need to pay an account opening charge of Rs 200+Rs 100 = Rs 300. However, if you want to trade just in equity (stocks), then you need to pay the charge of Rs 200 only.
Now, there are two ways to open a demat and trading account at Zerodha:
- Online method
- Offline method
Using the online method, you can open your account with Zerodha within 15 minutes, if you have all the required documents.
However, in the online method, to complete the eSign process, you will have to authenticate it with an OTP. So, make sure you have the number is linked to your Aadhaar. If not, you will not be able to complete the process. If the number linked to your Aadhaar is inactive, or if you don’t have any number linked, then you can visit your nearest Aadhaar Seva Kendra to get it updated.
Anyways, if you don’t want to use your Aadhaar, you can still open your account via the offline route. However, I would recommend you to open online as it is fast and easier.
In the trading world, you need to be tech-savvy and comfortable with doing things online. All the transactions (buy/sell) etc that you’re going to perform in future, once your account is opened, will be online and through advanced trading platforms. They will require you to be technically smart. And therefore, start taking the online route as you can’t ignore the digital path in the future.
How to open your account with Zerodha Online?
Short Answer to Open Your Zerodha Account
First of all, let me give a short answer on how to open your account at Zerodha before my step-by-step explanation.
To get started, here is the direct link to the account opening page at Zerodha.
On this page, the first step is to signup using your mobile number and verifying the OTP. Then you’ll be required to enter your PAN, bank account, Aadhar verification, and personal details to continue with the signup.
All the instructions are clearly mentioned in the each-step of the account opening page. If you are good at reading and following instructions efficiently, then you do not need to read this entire post. Just go to the account opening page , follow the instructions, upload the documents and your account will be opened.
Besides, if you face any difficulties while opening an account online, you could contact Zerodha at – 080 4913 2020.
A Quick Intro to DigiLocker
While opening your account online with Zerodha, it will ask you to connect with your DigiLocker account. However, if you are new to DigiLocker , let me give you a quick introduction about it.
I was quickly impressed with DigiLocker concept when I first heard about it in early 2017. DigiLocker is an online service provided by the Ministry of Electronics and IT, Government of India under its Digital India initiative. I always keep this app on my mobile phone and let me tell you why.
If you live in a city, many times, you may face a similar situation like this. You went out to buy some groceries from a nearby shop or to drop someone. And because of a hurry, you forgot your wallet. This means that you don’t have your Driving license or vehicle registration doc with you. Next, if a traffic police stop you, then it might be a little trouble for you to explain to them why you traveling without docs.
However, if you have the DigiLocker app on your phone, you can show the driving license and vehicle registration from the app itself. Motorists can show docs in Digi locker during a traffic check as it is provided by the government of India. Moreover, it is more secure and acceptable by traffic police compared to the camera pic that you keep in your phone gallery.
Further, you can also keep all your other important docs in DigiLocker app like Aadhar card, Pan Card, Driving License, Voter Id, Education certificate, etc .
Overall, if you don’t have a DigiLocker account yet, I’ll highly recommend you to open one and download the app on your phone. It will help you to keep all your docs secured.
Moreover, this account is required while performing Aadhar verification during your Zerodha Account opening.
———————————————————
Detailed Zerodha Account Opening Process – Steps to Open your Account with Zerodha online
Now that you’ve got a basic idea of how to open your account at Zerodha online and what are the docs/things required, next, let me give you a detailed step-by-step explanation of the process:
Step 1: Go to the Zerodha account opening page on your browser. Here’s the direct link to start the account opening process:
Once you click on the above link, Zerodha’s account opening page will appear as shown below.
STEP 2: Enter your mobile number to Sign-up. You’ll receive an OTP to verify the mobile number.
The OTP will be valid to login for the next 30 mins. Please check your SMS and use the same OTP for you mobile number verification .
Quick Note: In this step, you can sign up with any mobile number that you prefer. However, you also need to have the Aadhar linked mobile number (that will be used in a later step for Aadhar based OTP verification process). Only then you’ll be able to complete the online account opening process.
STEP 3: Next, enter your PAN Card number along with date of birth (D.O.B) details in the field provided. Make sure to enter these properly. Below is the screenshot for your reference.
STEP 4: Now, you have to complete the account opening payment which is a one-time investment.
For equity– you’ve to pay Rs 200 and for commodity, the charge is Rs 100 . (Commodity account is optional. If you wish to trade in the commodity, you can make this payment, else you can enable it later.)
You can complete the payment through UPI or Net-banking/Card payment (recommended). Below is the screenshot of this step for your reference.
STEP 5: After completing the payment, the next step is to connect your Aadhar details via Digilocker.
As already mentioned earlier, DigiLocker is a government initiative to share your aadhar details and highly secured . You need to create a ‘ DigiLocker: Towards Paperless Governance ’ account and link your Aadhar with it.
Below is the screenshot for your reference. Click on ‘Connect to DigiLocker’ and this will open a new page to sign up to Digilocker using your phone number. If you already have an account, click on ‘Sign in’ option in the bottom.
While connecting the Digilocker, you will be receiving the OTP to your AADHAR linked mobile number for your information. Once you get the OTP, enter it and hit continue. (Note: If you don’t have the security PIN, then click on the forgot my PIN and reset it.)
Next, click on allow so that you can share a copy of your Aadhar to Zerodha. Finally, your Aadhar details will appear on the screen. Make sure you are entering the details correctly. Note: This step will only come if you haven’t done KYC earlier.
STEP 6: Once your Aadhar verification is complete, next you need to enter your personal details like father’s name, mother’s name, your occupation, etc., Below is the Screenshot of this step for your reference. After entering the details, click ‘CONTINUE’
STEP 7: Next, you need to Link Bank Account. Here, you need to fill up more details starting by filling up Bank Details i.e. your bank account number, bank name, branch’s IFSC Code & MICR code
Make sure you choose all the options (checkboxes) and after reading the information, hit on the continue button.
Note: Please cross verify the bank account details with bank passbook or cancelled cheque or online statement (soft or hard copies) to avoid re-processing the forms again. Here is the Screenshot of this step for your reference.
STEP 8: Next is IPV Verification over webcam/phone.
IPV or In-person-verification is a process where a depository participant in personal verifies documents and other details as per the law by SEBI . It is compulsory for every investor to go through the in-person verification process before opening a demat and trading account.
First, you’ve to allow the Camera on your browser/phone to start to IPV process (check the below screenshot). You should click on the Allow button . If you click on the Block button, the camera will be disabled, and you may not be able to enable it easily.
STEP 9: Next, they’ll display an OTP on the screen. You need to clearly write down this OTP shown on a piece of paper or your smartphone. Then, hold the piece of paper/ mobile phone with the code in front of your mobile phone/ webcam.
Make sure to take the correct photo while holding the OPT written on Paper. You can take reference of how the person takes the photo in the below screenshot. Finally, click on the capture button.
Note: While taking the photo please don’t move here and there until it gets captured and hold the paper (OTP written paper) in front of the camera.
STEP 10: In this step, you have to upload the relevant documents that we mentioned in the beginning. You have to upload documents like Bank Details, PAN CARD, Signature and, Proof of Income(optional).
Income Proof is optional & only required if you want to trade Futures & Options, currency, and commodity. Then click on continue. It will be redirected to the equity eSign page.
STEP 11: Next, it’s time to eSign. Click on ‘eSign Equity’ button and proceed to the next step.
Once you click on the eSign button, the following screen will appear.
STEP 12: Once you click on the eSign equity, you’ve to verify your email. Here, two options will be available i.e. Google login or email login.
If you’re going with an email login, please enter your email address correctly as you’ll again receive an OTP to verify your email id. This is the same email where you’ll receive all your future correspondence from Zerodha.
Enter the OTP that you’ve received on your registered email and verify.
STEP 13: Once your email verification is complete, a new page with the “SIGN NOW” option will be opened. Here’s a screenshot for your reference. You should check the form.
Next, Click on the “Sign Now” button at the bottom of the page. It will redirect you to the NSDL page.
STEP 14: Once, you’re on the NSDL Page, Click on the check box top left stating “I hereby….”
Next, enter your AADHAR number at the bottom of the page and click on the Send OTP. Finally, enter the OTP and verify.
STEP 15: Once last step is complete, and it’s verified, the entire page will become with green background and a message appearing as “You have successfully signed the document”. This is a confirmation that your esign process is complete for the equity segment.
STEP 16: Next, you will be able to see the tick mark on the Equity segment which means that you’ve successfully signed up for this segment. You will also be able to download the eSigned Document on this page.
STEP 17: This step is applicable only for those who want to enable the commodity segment on their account. Here, they have to eSign again for the commodity segment.
Click on the commodity eSign. It will redirect you to the NSDL page. Next, click on the check box on the top left corner and enter the aadhar number. You will receive an OTP to the AADHAR linked mobile number. Once you enter the OTP and it is verified, the documents will be eSigned for the commodity segment too.
STEP 18: Congratulations, you have completed all the steps. A final Congratulations message will appear on your screen, once you’ve completed all the previous steps. Here’s the screenshot for your reference.
Quick Note: Once you complete all the steps, then the Zerodha document verification team will verify your documents. Once it’s verified, then you will get an email from the document verification team stating your documents are successfully verified. After receiving this email, you will get the login credentials within 24 hours.
Offline Account Opening Process
How to open your demat and trading account with Zerodha offline?
You can also open your account with Zerodha offline. However, the offline account opening charges are different than the online charges. Here are t he charges for offline account opening:
- Rs. 400 – for Trading & Demat Account
- Rs. 600 – for Trading, Demat & Commodity account
In this approach, you will have to download application forms from Zerodha website, print out the forms, fill it up and sign it. If you need help at any point in filling out the application form you can call us on 080 4913 2020.
Here are the applications forms that you’ll need to fill and courier for account opening:
- Application Form: Trading Account & Demat Account – Equity Segment
- Application Form: Commodity segment
- POA (Power Of Attorney) – Already included in the Application form above
- ECN (Electronic Contract Note) for enabling Commodity segment – Already included in the application form 2
- Nomination Form : In case you would like to appoint a nominee to your trading and DEMAT account like your wife, father, mother or any other.
The documents required for opening your account offline is the same as that of the online process. You need to get a photocopy of your PAN Card, Address proof (Aadhar Card, Driving License, Voter-Id etc), Cancelled Cheque/Bank statement, Income proof & Passport size photographs. You also have to cross sign as self-attest on all these docs. You can find the list of all acceptable docs for account opening here .
Once you fill it up and sign it, you have to send the application forms over to the Zerodha head office address:
#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase, Bangalore – 560078
Alternatively, you can schedule a meeting with a Zerodha representative at an address, date and time as per your convenience, by calling up the account opening helpline (080 4913 2020) or by placing a request with the sales manager assigned to you.
Here, a Zerodha representative will contact you and direct you to keep all such necessary documents ready at the decided time and place of the meeting. The representative would take all necessary signatures and self-attested documents/attachments as required to complete the account opening procedure.
What Next After Opening Your Zerodha Account?
Once your account is open, you can log in to this link or use the KITE app on your mobile. Here’s the link to the KITE trading platform.
Alternatively, you can also download the KITE app on android/iOS to start trading/investing in stocks. Besides, you can find the list of other Zerodha products like Console, Coin, Connect API, etc here .
Closing Thoughts
I will recommend using the online method while opening your account. Zerodha is working towards the Digital India initiative and you should be a part of it too. Although online methods seem to have too many steps, they do not take too long. Once you’ve started the application form, you can build a flow and complete the form within 15-20 minutes.
The offline method is good if you do not have an Aadhar card and you want to provide another address proof like Driving license, Voter Id, etc. However, if you are living in a village/small city, it might be a little difficult for you to get a Zerodha executive. Moreover, the offline method can easily take 7-10 days to open a demat and trading account. You can read Zerodha review 2021 here .
That’s all. These are the steps to open a demat and trading account at Zerodha, online and offline. I hope this post on ‘How to open a Demat and trading account at Zerodha?’ is useful to the readers. If you have any doubts, comment below.
Kritesh ( Tweet here ) is the Founder & CEO of Trade Brains & FinGrad . He is an NSE Certified Equity Fundamental Analyst with +7 Years of Experience in Share Market Investing. Kritesh frequently writes about Share Market Investing and IPOs and publishes his personal insights on the market.
I don’t have a local Zerodha representative at my town. Can I open a Zerodha account by the first method. Sorry, to ask you again. I didn’t fully understand about the methods and details.
Yes! You can open the account online. Here’s the link .
Thank u
Does this process open trading account as well? Or just demat… Please help i m new to this field
same process for both demat as well as trading account when you open demat your trading account will be opened automatically.
Very nicely introduce each steps.. helps a lot to gain initial level knowledge
What is collateral in sbi demat account? And how can I sell it?
Hi Manas. You can read about collateral in SBI Smart here: https://app.sbismart.com/Weblinks/FAQIntradayCollateralOnline.pdf I hope it helps. Cheers!!
Sir if POA not provided by Zerodha and only nominee form provided.
Hi Prabhjot. You can download the POA here: https://support.zerodha.com/category/account-opening/online-account-opening/articles/where-can-i-find-poa
Sir ,how to find my user id ?
Check your email. You’ll receive your user id over there.
I want to open demate and trading account at zerodha, but my problem is 1. I have no blank check because my bank account is without check facilities but I have passbook.
2. I have no KRA registration and no local zerodha representative available
Hi Jadu. Instead of bank cheque, you can use the first page of your bank passbook or the bank statement. Further, the entire process is online now. Just contact the Zerodha Customer executive via phone and they will walk you through the process. I hope it helps.
Hello sir,
I have opened a zerodha trading account and sent the POA but how do I know that the demat ac is opened or not…
HI,
I AM A HOME MAKER AND WANT TO OPEN AN ACCOUNT IN ZERODHA, WHAT I CAN SUBMIT FOR INCOME PROOF? I HAVE SAVINGS ACCOUNT IN SBI ,IS IT ENOUGH..I ALSO HAVE PAN BUT NOT REGISTERED WITH KRA…CAN I GO FOR ACCOUNT OPENING ONLINE?
Hi Keerthana. You’ll only need PAN CARD, Aadhar Card, and Passbook. No need to submit income proof. And yes, you can open the account online. I hope it helps.
I have a demat with Angel broking, can I transfer this demat to Zerodha trading account?
Yes, you can change your trading account.
Pl send link to download application form, I’ve searched online to download the application form.
Use this link: https://zerodha.com/open-account
I m a beginner, and looking forward to trade in Intraday, is demat account necessary or trading account will do.If demat required can i open in sbi demat and trading in zerodha. pls help me.
Yes, both demat and the trading account is required. You can have demat a/c in SBI and trading in Zerodha. Please contact zerodha customer team for more details. Further, Read more about demat and trading account here: Difference Between Demat and Trading Account .
Which file type(pdf, jpg, png etc) to use for uploading the required documents while opening zerodha online account with Aadhaar?
Hi Amit. The format will be mentioned while you’ll be uploading the docs. Anyways, I think it’s .jpg format. I hope it helps. Cheers!
hello sir if i open demat then trading account is open automatically????
Yes, both demat and trading account are opened together for most of the stockbrokers in India.
Hii kritesh !!
I just wanted to know that while opening the Demat account I have credited of Rs 1 in my saving account with the reference no (zerodha br/hdfc ba )
What was that ☝️??
I have demat account in Zerodha but how to open trading account in Zerodha,I am not understanding.pl clearify.
Demat and Trading Account are opened together at Zerodha (And most other broking companies)!
Are there any annual charges we need to pay for Zerodha for maintaing trading and demat accont?
Yes. The annual maintenance charge of Zerodha is Rs 300.
Hi Kritesh,
So what happens after I open the demat in Zerodha. Will there be any penalty charges if i left the account for some time without any stock trading? How does it function? I am a beginner and would be glad if you could please clarify my doubts.
Hi Athary. No worries. There won’t be any penalty if you do not invest/trade. You can literally open a trading account and do nothing. However, you need to pay an annual maintenance charge (AMC), which is Rs. 300 + 18% GST in case of zerodha, each year in order to keep your account active. I hope it helps. Cheers!
Thanks Kritesh, you are doing a great Job. god Bless you!
Thank you for your kind words Rahul. Cheers!!
Sir, I have few physical share need to be dematerialised. So I have to open Demat account with full service broker. Can I open two Demat account, one with full service for converting my share and other with discount broker. Pls advice .
Yes, you can open two demat accounts. That’s totally fine!!
Could you tell if it is important for a first time investor to get a commodity account and what its used for.
No, it’s not important to open a commodity account!! Commodity account is required when you are trading in commodities. If you are trading just in equities (stocks), open a regular trading account. I hope it helps.
Hi Kritesh,I am looking forward to trade in intraday and have a new zerodha demat account. Is the POA required?
Yes, you need to sign the power of attorney document and its mandatory to open a demat account.
Hi kritesh , Is ipv compulsory for opening zerodha account.In which case it is not required ??
No. In-person verification is not compulsory. You can submit the documents online to open your account.
incredible blog it provides the full of information about zerodha account. I really impress from this blog.
Thanks For sharing with us.
You are welcome!
I have a doubt in which mobile number all the messages will come which we used in signing up or aadhar linked mobile number
Hey Kritesh, nice article. Have you updated anything after the digilocker has come into play in online account opening?
Hi Kritesh,
Nicely written. it is very simple to understand by layman.
Hi i have completed all process online …from where i get poa page.. plzz help
Hi kritesh,
I want to invest 10000rs in intraday how much share buying limit i found.
I have a demat account on upstox but I want to open in zerodha also can I ?
Yes, Puneet. You can open multiple trading accounts.
How to trade in options and futures after I had opened account only to trade in equities.
I’m keerthanapriya. I’m a beginner.
Yesterday i opened zerodha account I posted poa and ecn form today but I come across this page.. Just now i found commodity trading is not compulsory to fill.. But i paid rs.300+200=500 to open account… Is it possible to refund that Rs.200 commodity?
Hi kirteesh.
1. I have cheque in which my name is not printed on it.can I use this cancelled cheque for opening the account.
2. If that cheque cannot be used then my bank passbook can be used for opening the account.
Can I open my Demat account with my NRE Account
Sir,the two charges i,e 300+200
Would you please elaborate it.
Such charge is not mentioned in sharekhan where I have an account.
I am a beginner
I already have completed the procedure to open a debate account online, got the PoA -taken the print out thereof and ready to send to Zerodha at Bangalore. I haven’t received yet the ID and Password which are being sent to the client on completion of the a/c opening procedure. Please help me in getting the same.
Hi Bhargav. You can call or mail the Zerodha customer care team. It may generally take up to a week for completing the registration process.
I have received the mail having attachment of form to add the nominee and so…. But it is necessary to post it.. Isn’t there any other way to complete it online
Hi Jathin. I’m not sure of it, but you might have to courier the nominee form. Please contact Zerodha customer care regarding this.
I have a dmat account with hdfc. Can it be transferred to zerodha? Thanks, suraj
Hello sir,
My name in PAN card and Bank account has a one alphabet difference.
Will, it creates any problem or hurdle in opening an account on zerodha.
Hi Abhinav. It may create some problems. Better to contact the customer care of Zerodha. Here’s their no- 08040402020 I hope it helps. Cheers!
Dear sir
I satay in raipur where Zerodha has a branch. Should I go and open account or I should open online. I was told by local branch that If I open thro branch query shall be resolved here or it should go to Banglore. Want to know it will attract Addl cost later!
Hi Kritesh, can I change my existing State Bank of India account to Standard Chartered Bank for the zerodha demat account
Yes, you can change the primary linked bank account. Here is a link to read more: https://support.zerodha.com/category/your-zerodha-account/dp-id-and-bank-details/articles/how-can-i-change-my-primary-bank-account I hope it helps. Cheers!!
Hi,
There are 5 types of KRA’s and My KYC is registered only against CAMS KRA. Can I apply online for opening A/C in Zerodha.
300 is that annual fee.. ?
When I receive full fill form on my mail id ,what can I do after receive form (if submit print out of sending form so can I submit in you nearest city branch)
thanks for sharing this information.have shared this link with others keep posting such information..
Sir,
I want to open the account with Zerodha but I have no Aadhar Card, as you may know in Assam there is no mandatory for Aadhar. So can i open account with Zerodha. Pls advise.
Thanks & Regards
Dharmeswar Deb
Mob NO:+91 9435169011
What was the GST commusion valu in zerodha
Sir i have try to open the account I paid rs 500 for it. But it was rejected due bank document not valid. My money went away I could not open an account how to redo the process sir
Sir i try to open an account they rejected due to bank document invalid i paid for it. But the account did not get open an account how to redo the procees sir
Use Cancelled Cheque as proof of bank account. Start fresh from from here to open a new account.
I can’t understand what you said about KRA registration !
It shows Keniya revenue authority
I want to open account on my dad’s name… Problem is I live in Kolkata and dad live in hyderabad. Can i still open demat account in his name through offline mode?
Yes, you can. Zerodha has customer support in big cities. Apply to open your account using this link https://zerodha.com/open-account?c=ZMPSBO and the customer support at Zerodha will contact you.
I am a citizen of India, but currently I am completing my undergraduate in Hong Kong for past 1 year. I wanted to know is it possible for me to open DEMAT account with Zerodha and connect it with my local SBI account?
Thanks and Regards,
Jay
Hi Kritesh,
I want to open Dmat account online. I would like to know after paying & uploading forms with everything details. Then I will get full form filled with details through mail. After that process not understood. May I need to sign any form/document & send to zerodha office? I am not in India, so please advice.
I have received poa.
Do I have to fill any remaining details or sign at given places? Or else just send as it is?
I completed all esigning process.. But till now i didnt get login id.. What can i do now
thanks for the information
i am out of india & want to open account.
Everything i can do online you form and all procedure???
Yes, everything is online, if you have the documents ready – PAN Card, Aadhar card and saving account!
Is there any branch in ludhiana city. If so pls give add and details.
Can I transfer my demat account from Karvy to zerodha through on line without canciling my demat account in Karvy
Does zerodha teaches trading
Hi Shalini. Zerodha offers Varsity ( https://zerodha.com/varsity/ ) where you can learn concepts of Trading!
Hi Kritesh,
I am trying to open a trading account at Zerodha via submitting a paper copy since my mobile no. is not linked with my AADHAR CARD. Could you please let me know the Zerodha office address where I can send the paper copies.
Looking forward to your quick response on this.
Thanks,
Raj
Hi Raj. All forms have to be sent to Zerodha head office. The address is – Zerodha H.O [No.153/154 4th Cross Dollars Colony,Opp. Clarence Public School, J.P Nagar 4th Phase, Bangalore – 560078]. Anyways, if you need further help, you can write to me at kritesh@tradebrains.in and I’ll connect you with a Zerodha Executive.
Sir
I am new to this. I have zero knowledge about this trading and stocking.
Kindly help me how to know the process about trading….
I want to invest money in this .
Kindly guide me well sir.
Hi Nagarjuna. We’ll be glad to help you. You can connect with us on WhatsApp at 9834938257 and we will guide with your queries.
great article Kritesh, i’m also a blogger. you can check my blog by searching for “best stock broker in india” , m sure you will find a great article there too.
Hi Kritesh…. Can I open regular
trading account now n include commodity option later when ever I need…
Yes, you can open a commodity account with Zerodha later. For this account, you’ll need to submit your ‘Proof of income’ like ITR. Here’s a link to read more . I hope it helps. Cheers!
The representative asked me sign on the unfilled application kit….is it safe to do so….i mean how will they fill the details without asking my opinion
Yes, sometimes they do so in order to avoid any mistakes in the form and save time. Let’s say you filled the form with some wrong details. In such a case, they’ll have to repeat the whole application filling and sending process again. Therefore, they take your details (Aadhar card, pan card etc) and fill it themselves. Anyways, if you’re not comfortable with it, just let them know that you fill the details yourself and won’t send unfilled application kit.
Hi, im getting an error saying this segment is not enabled for your account when i try to buy equity. i Have opened a demat account following your steps. and submitted all documents
Hi Sushil. You can check the segments in which I can trade by following these instructions . Further, here’s a post by Zerodha that can help you: How do I enable futures and options for equity and currency? Let me know if you still face any issues.
What is commodity account? How it is different from equity ac?
A Commodity Trading account is what you open with a Trading Member (Commodity Broker as you call him) of recognized Commodity Exchange (MCX, NCDEX etc. in India). Whereas, an Equity & Derivatives Trading account is what you open with a Trading Member (Stock Broker) of a recognized Stock Exchange (presently NSE, BSE and MCX-SX in India). If you want to trade just in stocks, you need to open an equity account. If you are also interested in trading in commodities, you can open both accounts altogether at Zerodha. I hope it helps.
Hi Sir, I already have a demat account. Can i open trading account alone at Zerodha.
Hi. You can’t open a trading account without opening a DEMAT account with Zerodha. Here, you’ll need to open a 2-in-1 i.e. demat plus trading account.
Thanks for sharing the post. The way you narrated the post is good and understanding. Presently some of the people are getting confused while opening a zerodha account, you showed them the right path. I regularly follow this blog to learn some new things. Keep posting. Please let me know for the upcoming posts.
Crystal clear explanation. Kudos to the author!
Thank you, Vishnu!
Sir I opened demate account in zerodha but not received any login id and password payment be done by me how can use it
Can i open a demat account online i am out of india for job purpose? i dont want nri process
For the Indian citizens, if you have got an aadhar and working mobile number to get OTP, it will work to open a demat account with zerodha online. However, for NRI’s, the process is different as they don’t have a mobile number to get OTP. Please check your status before applying.
Yes bro
Can I have 2 DMAT accounts with same PAN number ? My current DMAT account is with ICICI Direct and the brokerage is too high, so I want to open an account with Zerodha which I believe charges less. Also will there be charges incurred if I move my shares from ICICI Direct to Zerodha and close the ICICI account.
Yes, you can have two demat accounts.
Can I Buy RBI bonds on zerodha?
sir maine bank prof pan prof or signature subit kiye do din ho gye next step kya krna h mujhe mail b nhi aya zerodha se meri id or pasword mujhe smjh nhi aa rha next step kya kru
I have a doubt that If i open a account in zerodha today ,Is it necessary to take the power of attorney within a week by sending it through offline process.
If i will send the POA after 1 month of opening account then there is any problem?(Because due to COVID-19 outbreaks and complete lockdown i cannot send the documents untill it over).
I just want to open zerodha account and buy the share only on equity delivery (Not Intraday) , I do not have to sell at this moment , Can i do that?
Please reply .
Hi Abhishek. You do not need to send the POA within one week. You can create your account online now and send this document later whenever you get time.
Hello kritesh, i want to buy shares on upcoming monday. So it is possible to open a trading and demat account online in lockdown period.
Yes, it is happening! Many people are opening accounts during this lockdown period- online.
Last step 14. You are saying to post the application.
Due to lockdown, I cannot post the application right now . You have any alternative.
Hi Anshul. Yes, it’s possible to open an account with zerodha even in lockdown. You can send the POA form after lockdown, it is not required immediately. You can buy stocks without POA (but you can’t sell) if POA not send. After lockdown, you can send POA. Besides, for intraday, you can do both buy and sell. I hope it helps.
Hi Kritesh. I’m just starting out in trading.
What can I use as proof of bank account if I don’t have access to passbook or cheque?
Hi Rodrigues. If you don’t have a checkbook, you can also give your bank statement as the bank account proof. Here’s what Zerodha mentioned on their official support website for the same: https://support.zerodha.com/category/account-opening/online-account-opening/articles/what-documents-do-i-need-to-open-an-account
Thank you Kritesh
Sir i am creating new zerodha account, payment and digi locker also completed but my mobile cam is not working while taking the picture with code and my account creation is terminated later and came to first page of registration now what can i do? Please reply me
Hi Durga. You can continue from the same step. Simply login again using the same phone number that you entered initially while sign up and complete the process!
Also, is it possible to use a normal photograph of the signature, bank account proof and pan card rather than a scanned copy?
Hi Kritesh,
I have some query :
– Do you have any branch in Delhi ?
– Can i buy IPO also at Zerodha ?
– What are Depository Charges and how they are charged?
Hi Sanjeev. Here are your answers:
1) We don’t have office in Delhi. But you can reach out online over Whatsapp at 9834938257 or email at info@tradebrains.in
2) Yes, you can buy IPO using Zerodha
3) While trading with Zerodha, DP charge is equal to ₹13.5 + GST. You can read more about charges here: https://tradebrains.in/different-charges-on-share-trading-explained-brokerage/
I hope it helps. Cheers!!
Hi!! I have open Demat account in zerodha. But I didn’t received user ID to my email ID . Please guide to me .
Hi Charan. You’ll receive your login credentials over email. Please check it once the account opening process is completed!
I go to step 1 and 2 but step 3 is not open
Hi Siddhant. If you’ve already registered but not completed the account opening process, you can continue the process from the signup page using your registered phone!
Hi kritesh !
Do I need to have my mobile no linked with Aadhar card to open online account ?. If yes, what should I do? My mobile no is not linked with Aadhar.
Please let me know.
Hi Debabrata. To open online account, you’ll need to eSign which will require OTP on aadhar linked mobile number. If you don’t have mobile linked Aadhaar, you can still open your account via the offline route.
Can I use someone else’s (family member) Aadhar to complete the e-sign process?
I have already esigned the forms. Then what Do I have to do now? The User id and Password can be created only after the acceptance of these forms ??
Hi Smaranika. Once the zerodha account opening process is complete, you’ll receive userid and credentials over email with few hours. Check your registered email inbox.
Iam having joint trading account with Karvy .I am from Visakhapatnam, AP. I am a professional.since I am unable to trade because of SEBI banning Karvy fro trading.whether I can open account with you and transfer my portfolio,please guide me
I already have a dmat account in iifl, can I open another dmat account in zerodha?
Is it legal to have 2 dmat account?
Yes, you can open multiple demat accounts. It’s totally legal.
My aadhar card linked mobile number is my father’s number. Can i open my zerodha account with it? And can i use my primary mobile number for future purpose after openning account?
Yes, you can open your account. You just need to verify OTP that you’ll receive on the registered mobile number. Else, you can use any other number for registration. I hope it helps.
sir while filling form online there is a option commoditiy trade classification there are 3 option
first Farmer producer organisation, 2nd value chain participant and 3rd others which one should i select
i have my aadar linked to some random number so now how can i update my aadar card in my digilocker
i have my aadar linked to some random number so now how can i update my aadhaar card in my digilocker
Hello, I have already registered in zerodha for equity and even paid 200 rupees for account opening for equity, but i was stuck in the last step as my mobile no is not linked with my aadhar card, so can you please tell me that if I proceed with offline so do i need to pay again, as you mentioned above that offline procedure charges are 400 for equity. pls advise.
after new norm about demat POA, should we still send demat POA form to Zerodha? should we use CDSL TPIN to sell ? which one is easiest CDSL TPIN or using POA?
Hi my mobile number is not registered with my adhar card can I open demat account online.
My concern is while opening a Demat and trading account in zerodha due to some reason i can skip in the middle and continue the process later on from the last step where i skip.
please suggest me
Yes, you can skip and continue from the same step. Simply, login again using the registered email id.
I have a IPPB account,can i open demate account and trading account? I have no checkbook , no pass book but online fecility available.
Hi, we would like to list our investment platform in this website. we would like to know the process.
Is it mandatory to courier POA to zerodha head office though we have opened demat account online ?
No, It’s no more required.
I am from Nepal and want to trade in Zerodha. what can be the process or is it possible. please help!
Hello sir….instead of scaned document. It can possible to submit image of documents
Hi Ankita, you can use apps like camscanner on your phone to take images and change it in a scanned format. I hope it helps!
Hello Kritesh,
I am planning to open demat and trading account .
1) How long will it take to open online account?
2) Once I open it, what will be the procedure to transfer shares from karvy to zerodha? How long will it take?
3) Is zerodha with NSDL or CDSL?
Hi Meena. 1) You can open your account with Zerodha within a day if you’ve all the documents. 2) To transfer stocks to Zerodha online via CDSL Easiest. Here’s a guide: https://support.zerodha.com/category/account-opening/getting-started/other-queries/articles/how-do-i-transfer-shares-from-another-demat-account-to-my-zerodha-demat 3) Zerodha is a depository participant of the CDSL depository
Hallo i Ashok i want know zerodha ko website se hai open karana hoga ya koi application hai please gaud me
Very well explained all steps. Easily understandable. Thanks…??
I have two queries
1) When I open demat account online, my trading account will be created automatically?
2) What is the to process to transfer my all shares from other broker where I have demat account to zerodha new account?
Here are answers to your queries 1) Yes, a trading account will be created automatically. 2) You can transfer shares from other brokers to Zerodha. Here’s the process https://support.zerodha.com/category/account-opening/getting-started/other-queries/articles/how-do-i-transfer-shares-from-another-demat-account-to-my-zerodha-demat
Hey Kritesh, great article. I wanted to know if Zerodha allows me to open and operate a Demat account on behalf of my mom with POA?
I signed up on zerodha and at step 6 i logged out due to unavailability of some documents. Now when I am entering my mobile number to continue, site is saying this mobile number is already registered. its not letting me complete the registration process. Please suggest how to proceed?
You can continue your application process from the same step. Simply enter the registered phone number, and you can continue the existing application.
Thank you kritesh for wonderful article.
Nice article about how to find and open best demat account in India. Thanks for sharing this.
Very nice article. Each step is crystal clear and anyone can easily open demat account with Zerodha
I have pending payment status
Thanks buddy
Want to open account on zerodha contact me for free account opening
Hi
Do You know who is the best broker, Zerodha vs Upstox?
Get the detailed article & find the best broker for you.
Hi Kritesh,
I started following your blog quite some time & soon I addicted to your blog. You have covered most important topics about investments.
I want to know that currently I am using Groww for Mutual funds & Stock investment. As I have already opened demat account with groww then can i now open with Zerodha using same PAN? is there will be any issue in future?
Please let me know.
Hi Pritam. Yes, you can open multiple demat accounts. There are no issues in that one!
I did opened an account with digilocker infact it asked for aadhaar verification but i never remember about digilocker. I dont have an account so did it create an account on behalf of me in govt digilocker service ?
Also do you have any thoughts on how to move shares from upstox to zerodha ? upstox support team sucks badly. Wondering how to do the transfer – any recommendations ?
Thank you sir for sharing this article.
Can a jobless person invest in commodity .
A person with no salary slip
Thanks for sharing this method, I have already been using Upstox for long term investments, now i found zerodha i can use it for short term trading as well.
I have a doubt, i belong to family where my parents doesn’t have a knowledge about zerodh or demat accounts, so in case i have a demat account and i have huge investments on that demat account, what if some other day something happens to me, how will my parents know i have made the investment and they wi get access to my investments, not only this any other investments.
Thank you for such a fantastic blog, I like it!
Thank you for such a fantastic blog, Very interesting details you have noted
HDFC bank share price ,
Hello kritesh, i want to buy shares on upcoming monday. So it is possible to open a trading and demat account online in this monday.
I will share this on whatsapp apk.
one of the best article who are looking for new demat account