How to Open Zerodha Demat Account Online – Updated October 2020

How to Open Zerodha demat account - zerodha account opening

How to Open Zerodha Demat Account Online – Zerodha Account Opening Process in 9 easy steps(Updated October 2020)

Zerodha is a reliable, safe, and the biggest Stockbroker in India with over 20 lakh clients. Zerodha brokerage charges are very low and it offers one of the best Demat Account in India

If you are looking to Open Zerodha Account with a trustworthy broker that has low brokerage charges along with a user-friendly platform, click on this direct link to open Zerodha Demat account in less than 10 minutes.

zerodha Demat Account

Why Zerodha Account is One of Best Demat Account in India?

Zerodha Demat Account offers on online demat opening. If you open zerodha account , you get features like

  • Zerodha Demat Account comes with a 3 in 1 account which is a Demat Account, Trading account, and IDFC bank account.
  • Zerodha Kite software allows easy application for any upcoming IPO through your Zerodha Console. You can apply IPO in zerodha through UPI
  • Zerodha Coin provides a free direct mutual funds investment platform with zero brokerage and commission charges
  • Zerodha Pi is Zerodha’s next-generation desktop platform for Trading, Charting, and Analysis.
  • Delivery Charges for trades are FREE. Zero brokerage on investments make it great tool
  • Zerodha Brokerage Charges are Rs 20 or 0.01% whichever is lower per executed order for intraday trading.
  • No turnover assurance or upfront fee.
  • 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 Account Opening Charges

Zerodha Account Opening Charges are Rs 200 for Equity and Currency segment and Rs 100 for commodity trading. You can make payments for your online zerodha account through google pay or net banking

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 future

Zerodha Account Opening Offer

Once you open a Zerodha Demat Account with us, you get access to our Screener Software and trading guide videos .

To avail 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 Demat Account Brokerage Charges

Zerodha Demat Account Brokerage Charges are as follows

  • All equity delivery investments (NSE, BSE), are absolutely free — ₹ 0 brokerage.
  • Flat ₹ 20 or 0.01% (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.

BrokerageCharges
Equity Delivery TradingZero
Equity Intraday TradingRs.20 or 0.03% per trade Whichever is lower
Commodity Options TradingRs.20 or 0.03% per trade Whichever is lower
Equity Futures Trading Rs.20 or 0.03% per trade Whichever is lower
Equity Options TradingRs.20 or 0.03% per trade Whichever is lower
Currency Futures TradingRs.20 or 0.03% per trade Whichever is lower
Currency Options TradingRs.20 or 0.03% per trade Whichever is lower
Minimum BrokerageZero

Zerodha Demat Account Features

FeaturesDetails
Zerodha Brokerage ChargesFree delivery, 20rs or .01% whichever is lower for Intraday and F&O
Web trading PlatformsYes, Zerodha Kite Web
Mobile AppYes, Zerodha Kite
Mutual FundsFree Direct Mutual Funds
IPO investmentsYes, Through UPI
Currency TradingYes
Commodity TradingYes
Options ToolsYes, through Zerodha Sensibull
Algo TradingYes, Through Zerodha Streak
BondsYes, Upcoming
Zerodha Customer SupportYes, through support portal and telephone

How to Open Zerodha Demat Account?

There are two ways to open demat account with Zerodha

Zerodha Account Opening – Online Process
Zerodha Account Opening – Offline Process

Documents to Open Zerodha Demat Account Online Process

Following documents are required to open Zerodha Demat Account (Soft Copies) for Equity. Please keep these documents handy before you start the online application process

Pan Card
Aadhar card linked with mobile number
Passport size photo
Signature on a white paper with blue/ black ink.
Canceled cheque or 6 months Bank statement or bank passbook. (Bank Account Number, MICR code or IFSC code should be clearly mentioned)

Keep a scanned copy of bank account statements as it should be attached to your Zerodha Demat Account application. For Futures & Options, commodity, you need to provide income proof which can be either of the below documents –

6 months bank statement
Signed salary slip
Income-tax returns acknowledgement(ITR)
Form 16
Demat holding statement

After you have all documents handy, you can click here to register the mobile number and enter OTP received on your mobile number.

Then you need to enter your name as per pan and email id. If your mobile number and email id are already registered then you have to enter the mobile number and one-time password(OTP) received on your number

Continue the Zerodha account opening process by uploading documents online. 

For better offers on Zerodha Account Opening Charges, check Zerodha Coupon Codes

Step by Step process to Open Zerodha Demat Account Online

Lets look at step by step process to Open Zerodha Demat Account online

How to Open zerodha account - step by step guide

Step 1. Zerodha Demat Account Signup

To open a Zerodha Demat and trading account 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.

Open Zerodha Demat Account - Zerodha register
Zerodha register

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. 

Open Zerodha Demat Account - Zerodha account opening process OTP

Enter the OTP you receive on your registered email ID as shown below and click on continue for Zerodha login

Zerodha register

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

Zerodha pan

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. 

open zerodha demat account

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”. 
open zerodha demat account
Zerodha Digilocker

Step 5. Enter Background Information

You need to fill out background information like marital status, mother’s name, trading experience, annual income, occupation, etc.

open zerodha demat account - Fill Personal Details
Fill Personal Details

Step 6. Enter Bank Details

You need to fill the 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. 

open zerodha demat account - Enter Bank Details
Enter Bank Details
open zerodha demat account - Enter bank details
Enter Bank Details

Step 7. Complete IPV for Zerodha Sign up

To complete in-person verification over webcam you need to write the OTP which is shown on the screen on a white paper and hold it so that the camera can capture clearly.

Step 8. Opt the E-sign process

If your Aadhaar is linked with your mobile number, you can complete your e-sign process with OTP by clicking on e-sign with Aadhaar

open zerodha demat account

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 you have to courier to Zerodha head office address. 

Step 9. Upload the Documents and E Sign

You need to upload the 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.)

Open Zerodha Demat Account - Upload Documents
Upload Documents
Open Zerodha Demat Account - Upload Documents
Upload Documents

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.

Open Zerodha Demat Account - Equity Esign
Equity Esign
zerodha esign equity

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.

open zerodha demat account
open zerodha demat account
open zerodha demat account

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.

Open Zerodha Demat Account - Commodity Esign
Commodity Esign

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.

Open Zerodha Demat Account
Open Zerodha Demat Account

After completing both Equity & Commodity e-sign, you need to click on “Finish” to end your online Zerodha Account Opening process.

Open Zerodha Demat Account
Open Zerodha Demat Account

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 Aadhar card, you can Open 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 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 Demat account and trading account offline, you need below documents along with 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
open zerodha demat account

FAQs – Zerodha Demat Account

How to Open Zerodha Demat Account?

Zerodha Demat Account

Click on this direct link to Open Zerodha Demat Account. Check out this post for step by step process to Open Zerodha Demat Account.

What are Zerodha Brokerage Charges?

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 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 Zerodha account

Is Zerodha demat account Safe?

Zerodha is SEBI regulated and has over 20 lakh clients that make Zerodha safe to open a trading 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

Few Points to Consider while you are Trading or Buying Shares

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!