Zerodha is a reliable, safe, and the biggest discount broker in India with over 80 lakh clients.
Zerodha brokerage charges are very low and it offers one of the cheap and best Demat Accounts in India
No. 1 StockBroker in India Zerodha Free equity & mutual fund investments | Flat ₹20 intraday and F&O trades |
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Zerodha Account Opening Pros and Cons
Table of Contents
Zerodha offers an online process for Zerodha Account Opening.
Zerodha Account Opening online offers benefits like those below
- Zerodha Demat Account comes with a 3-in-1 account which is a Demat Account, Trading account, and IDFC bank account.
- Zerodha Kite is the mobile app of Zerodha, used for investing in shares or for easy application for any upcoming IPO through your Zerodha Console. You can apply for IPO in Zerodha through UPI
- Zerodha Coin is an application of Zerodha Account that allows investing in direct mutual funds for Zero brokerage and Zero commission charges
- Zerodha Pi is Zerodha’s next-generation desktop platform for Trading, Charting, and Analysis.
- Delivery Charges for equity trades are FREE. Zero brokerage on mutual funds investments makes it a great tool
- Zerodha Charges for brokerage are Rs 20 or 0.01% whichever is lower per executed order for intraday trading.
- Zerodha Customer Care for Account Opening is very supportive and helps you with your queries at Z-Connect – an interactive blog, and portal.
- 400+ Zerodha support team members available to solve your queries phone or via email
Looking for a Detailed Zerodha Demat Account Review? Click to read our Zerodha Review and choose the best discount broker. Happy Trading!
Zerodha Charges for Account Opening
Do you know that Zerodha Brokerage Charges are Free?
Yes, it’s true.
While the Zerodha Account Opening charges are minimal, the benefits that come with a Zerodha Account like Zero brokerage charges, and a single platform for Stocks, MFs, and Buying IPOs are immense. This makes Zerodha an easy-to-use platform.
Let’s now quickly check out Zerodha Charges on Zerodha Account Opening, Zerodha Brokerage Charges, Zerodha AMC Charges, and Other Zerodha Charges.
Zerodha Account Opening Charges
Zerodha Account Opening Charges are Rs 200 for Equity and Currency segment and Rs 100 for commodity trading.
You can easily make payments for your online zerodha account through google pay or net banking
Here’s a tip for you.
It is better to pay Rs 300 and open an Equity and Commodity Zerodha Trading Account if you want to start Trading on the Zerodha Platform for Commodities in the futures.
Zerodha Account Opening Offer
Here’s a deal for you.
After you open a Zerodha Demat Account with us, you get FREE access to our Screener Software and two Trading guide videos.
This is one Crazy offer we have!
To avail of the offer, you can click here to register a Demat account and then Whatsapp us by clicking here to avail access to the intraday screener and two free videos
Zerodha Brokerage Charges
Zerodha Brokerage Charges are as below
- All equity delivery investments (NSE, BSE), are absolutely free — ₹ 0 brokerage.
- Flat ₹ 20 or 0.03% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades.
- All direct mutual fund investments are absolutely free — ₹ 0 commissions & DP charges.
You can also check the brokerage and margin charges provided by using Zerodha Brokerage Calculator and Zerodha Margin Calculator.
Brokerage | Charges |
---|---|
Equity Delivery Trading | Zero |
Equity Intraday Trading | Rs.20 or 0.03% per trade Whichever is lower |
Commodity Options Trading | Rs.20 or 0.03% per trade Whichever is lower |
Equity Futures Trading | Rs.20 or 0.03% per trade Whichever is lower |
Equity Options Trading | Rs.20 or 0.03% per trade Whichever is lower |
Currency Futures Trading | Rs.20 or 0.03% per trade Whichever is lower |
Currency Options Trading | Rs.20 or 0.03% per trade Whichever is lower |
Minimum Brokerage | Zero |
Related Post: Check here the Zerodha Account Opening Documents
How to Open Zerodha Account?
There are two ways to open Zerodha new account
- Online
- Offline
For better offers on Zerodha Account Opening Charges, check Zerodha Coupon Codes
Step-by-Step Process for Zerodha Account Opening Online
Lets look at step by step process to Open Zerodha Demat Account online
Step 1. Zerodha Signup
For Zerodha Account Opening Online, you need to Click here to go to the Zerodha account opening website and register your Mobile Number and click on continue
You need to submit the OTP received on your registered mobile number to sign up.
After submitting OTP, you need to enter your full name and email id. By clicking continue, you will get an OTP on your email id.
Enter the OTP you receive on your registered email ID as shown below and click on continue for Zerodha login
Step 2. Enter PAN Details in Zerodha Login
As the next step to create the Zerodha Demat Account login, you need to enter your PAN card number and Date of birth details as shown in your pan card.
Enter the details as asked and click on continue
Step 3. Pay Zerodha Demat Account Opening Fee
You need to pay the Zerodha Account opening charge which is Rs. 200 for Equity and Rs. 100 for commodities.
You can make payment through net banking or UPI and click on continue to make payment.
Step 4. Create and Share Digi-locker with Zerodha
If your Aadhar is not KRA verified, you need to fill our aadhar details through Digi locker.
- If you don’t have a Digi locker account, you can create it by clicking here.
- You need to share our Digi locker with Zerodha by signing in to our account which you have created in the previous step. Then click on “SHARE WITH ZERODHA”.
Step 5. Create a Profile by entering Background Information
At this step of Zerodha Account Opening, you need to fill out background information like marital status, mother’s name, trading experience, annual income, occupation, etc.
Step 6. Link Bank Account
To link a bank account, you need to fill in bank details like IFSC code, Bank account number, Confirm account number and select all the terms & conditions, and click on continue to proceed for the next step.
Step 7. Complete IPV for Zerodha Sign up
To complete in-person verification over a webcam you need to write the OTP which is shown on the screen on white paper and hold it so that the camera can capture it clearly.
Step 8. Upload Zerodha Account Opening Documents and E Sign
Upload the Zerodha Account Opening Documents which are Bank proof, Income proof, Signature as per pan card (signature should be done with blue/black pen on a white paper), PAN copy ( PAN copy will not be accepted in pdf.)
After uploading documents for Zerodha account opening, next step is to E Sign for Equity or Commodity Segment
Step 9. Opt for an E-sign process with OTP
In this step of Zerodha Account Opening, you have to opt for the E-sign process with OTP
If your Aadhaar is linked to your mobile number, you will get an OTP to complete your e-sign process
If your Aadhar card is not linked to your mobile number then you can opt for “I ‘ll print & courier” to download the equity and commodity form, take a printout of it, add your signatures, and the courier to Zerodha head office address.
a. E-SIGN for Equity Segment
To complete your e-sign verification, you need to click on “Esign Equity” option and you have to enter a security code that is sent to your email id.
You have to enter aadhar number and click on request OTP in the E-sign page (NSD page) and enter the OTP sent on the mobile number linked with aadhar.
b. E-SIGN for Commodity Segment
You are yet to e-sign your application form for trading in commodities, you have to upload income proof and click on continue to e-sign your commodity trading application form.
You have to enter aadhar number and click on request OTP in the E-sign page and enter the OTP sent on the mobile number linked with aadhar.
After completing both Equity & Commodity e-sign, you need to click on “Finish” to end your online Zerodha Account Opening process.
After your Zerodha Demat Account is opened, you can login to Zerodha and start Buy & Sell Shares using Zeordha Trading Platform in various Order types in Zerodha Kite Application.
Zerodha Account Opening Process – Offline
In case your mobile is not linked to your Aadhar card, you can Open your Zerodha Demat Account offline. For an Offline Zerodha Demat Account process, follow steps 1 to 7 above and complete the IPV.
After that, download the equity and commodity form, take a printout of it, make signatures and you have to courier to Zerodha’s head office address.
It will take 7-8 days for your Zerodha Demat account to get active.
Documents to Open a Zerodha Demat Account Offline
To open a Demat account and trading account offline, you need the below documents along with the account opening form
- Aadhar card photocopy
- PAN card photocopy
- 6 months bank statement (with IFSC, MICR, Account no and Bank logo printed) or personalized canceled Cheque (your name printed)
- Completed Demat Account forms. You can download the form from here
Final Thoughts for Zerodha Account Opening
Zerodha Account Opening is an online process that can be completed under 10 minutes in easy steps. Zerodha provides a reliable and safe trading platform and makes buying and selling of shares very easy.
Zerodha also allows you to buy Mutual funds and invest in IPO using the same platform. Above all Zerodha brokerage charges are zero for Equity delivery
Trading gets easy with Zerodha Account. The different types of charts and reports that come with Zerodha account helps you n performing technical analysis and trade in right shares.
Additionally, the stock market in India is closed every Saturday, Sunday, and also on the BSE & NSE holidays.
Do keep in mind the share market timings, and plan your investments. Check out the best Stock Trading Apps in India and the Stock Market Websites to follow.
Happy Trading!
FAQs – Zerodha Account Opening
How to Open Zerodha Demat Account?
1. Sign up with this direct link
2. Register your Mobile Number with OTP
3. Enter PAN details in Zerodha Login
4. Pay Rs 200 as Zerodha Account Opening Fee
5. Upload Documents and Esign with AAdhar
Know more detailed Step by step process to Open Zerodha Demat Account here
What are Zerodha Brokerage Charges?
Zerodha Brokerage Charges is Rs 0 (FREE) for all equity delivery investments in NSE, BSE.
For intraday trades, Zerodha Brokerage Charges are flat ₹ 20 or 0.01% (whichever is lower) per executed order across equity, currency, and commodity trades.
All direct mutual fund investments are absolutely free — ₹ 0 commissions & DP charges.
What are Zerodha Demat Account Opening charges?
Zerodha Demat Account charges are Rs. 200 for Equity and Rs. 100 for the commodity segment. You can use Zerodha Coupon Codes to get free benefits for Zerodha Demat Account Opening.
What is procedure to open Zerodha Account?
Check out this Step by Step Guide to open Zerodha Demat Account.
Alternatively, To Open Zerodha Account online, call 9838479931 or Click here to visit Zerodha account website and enter your mobile details to register. Once you have entered the details, you will get a callback
Is Zerodha Account Free?
Zerodha’s account is not free. It costs 200rs for Equity and 300rs for Equity+commodity. However, you can get a free Zerodha account offer by calling 9838479931
How long does it take to Open a Demat account in Zerodha
Once you have registered for the Zerodha account and completed the signup process, it takes 2 to 3 days to verify your documents and open the Zerodha account
Can we open Zerodha Demat account Online?
Yes, you can easily open Zerodha Demat account online by registering here.
It completes the online process with online Aadhaar card-based OTP verification. Refer this step-by-step Zerodha Account Opening guide for more details