How to open a Demat and Trading Account with Zerodha.

Zerodha is the biggest discount broker in India with over 5+ lakhs customers. It has a daily turnover of over Rs. 9,000 Crores on NSE, BSE, MCX, and MCX-SX. The charges offered by Zerodha are nominal and the trading platform provided by it is also decent. It charges brokerage of 0.01% or Rs 20 per executed order, whichever is lower, irrespective of a number of shares or their prices.

Why should you choose Zerodha?

  1. Over 3,00,000 happy customers, averaging a daily turnover of over Rs. 9,000 crores.
  2. Rs 0 (FREE) for equity delivery trades and Rs 20 or 0.01% whichever is lower per executed order for everything else.
  3. Average exchange margin utilization of 55% vs. industry average of 70% lower risk.
  4. 300+ dedicated support team to ensure the fastest turnaround time for your queries via email or phone
  5. Trading, charting, and analysis, all rolled into one next-generation desktop platform Pi.
  6. Minimalistic, intuitive, responsive web-based and mobile application trading platform Kite.
  7. Same pricing for across all exchanges.
  8. No upfront fee or turnover commitment.

Documents Required:

Below are the necessary documents to open Demat and Trading accounts. I will advise you to keep a scan copy of all these documents before opening an account.

  • Aadhar Card
  • 2 Passport size photos
  • Canceled cheque / Saving bank account passbook

Zerodha account opening charges.

Demat and trading account for only Equity: 300 Rupees.

Commodity account: 200 Rupees.

If you want to open in both account, you will have to pay 500 Rupees.

Read more here: Click here

How to open a Demat and trading account online.

To get started on opening an account online, please visit Zerodha and enter your full name, mobile number and Email ID to sign up.

Step 1: Fill basic details and click to continue to sign up.

Step 2: Enter Pan Card and Aadhar Card details.

Step 3: Pay account opening charges.

How to Register in DIGILocker?

DigiLocker is an initiative by the Government of India under the Digital India program to move towards paperless and digital governance. DigiLocker is a highly secure system, as both the cloud and the mobile app are secured by Aadhaar authentication. You have to provide your Aadhaar and OTP to avail the services provided.

Step 4: Connect to Digilocker. (If you are not registered. You need to create Digilocker account first. Read more L)

Step 5: Upload the Cancelled cheque/Bank statement to verify your saving account details.

Step 6: E-Sign with Aadhar number. You OTP received on your Aadhar Card registered mobile number.

Step 7: Now! You will receive the completely filled application form and other details on your registered email address.

STEP 9: Next, you will receive your CLIENT-ID and Password after a day of registration with the instructions on how to log in.

STEP 10: In the same email, you will receive documents on Power of Attorney (POA) and nomination (in case you want to make a nominee for your account). You need to take the print out of the documents, fill it and send it to the following address.

Note: – If you face any difficulties while opening an account online, you could contact your Sales Manager or alternatively call us on – 080 4913 2020.

Harendra Kumar

Hey there! I hope you enjoyed the blog. I am a passionate Digital marketer/Data analyzer who is amazed by this field which tickles both creative and analytical brain. Few things about me; avid reader, forever learner! You can follow me on LinkedIn and Twitter.

Leave a Reply

Translate ยป
%d bloggers like this: