Zerodha is a reliable and the biggest Stockbroker in India with over 1.5 million clients. Zerodha offers low brokerage and it gives one of the best Demat Account in India
If you are looking to Open Demat Account with a trustworthy broker that has low brokerage charges with a user-friendly platform, click on this direct link for Zerodha Account Opening Page and open your Zerodha Demat account in less than 10 minutes
For those who are new to the Indian stock market, we would suggest you open a Zerodha Demat and trading account to save more on the brokerage charges.
Why Zerodha Account is One of Best Demat Account in India
Zerodha offers attractive features to Open Demat and Trading Account with Zerodha,
- Zerodha Demat Account provides a 3 in 1 account which is a Demat Account, Trading account, and IDFC bank account.
- Zerodha Kite Account allows easy application for any upcoming IPO
- Zerodha Coin provides a free direct mutual funds investment platform with zero brokerage charges
- Delivery Charges for trades are free.
- 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 allows you to ask all your queries at Z-Connect – an interactive blog, and portal.
- 400+ support team available to solve your queries phone or via email.
- Zerodha Pi – One next-generation desktop platform for Trading, Charting, and Analysis.
Zerodha Account Opening Charges
Zerodha Account opening charges are as below
- Zerodha Account Opening fee is Rs 200 for equity and currency, in which you can buy/sell shares & derivatives on NSE and BSE.
- Rs 100 for commodity trading, in which you can buy and sell commodities on MCX.
It is better to pay Rs 300 and open Equity+Commodity Zerodha Trading Account if you want to start Trading on Zerodha Platform for Commodities in future
After completing your Zerodha signup process, you can make the payment through net-banking, UPI, Google pay or Debit/Credit card. This should suffice for you to open Zerodha account
Zerodha Demat Account Features
|Zerodha Brokerage Charges||Free delivery, 20rs or .01% whichever is lower for Intraday and F&O|
|Web trading Platforms||Yes, Kite Web|
|Mobile App||Yes, Zerodha Kite|
|Mutual Funds||Free Direct Mutual Funds|
|IPO investments||Yes, Through UPI|
|Options Tools||Yes, through Sensible|
|Algo Trading||Yes, Through Streak|
|Zerodha Customer Support||Yes, through support portal and telephone|
Zerodha Demat Account Brokerage Charges
- 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.
|Equity Delivery Trading||Zero|
|Equity Intraday Trading||Rs.20 or 0.01% per trade Whichever is lower|
|Commodity Options Trading||Rs.20 or 0.01% per trade Whichever is lower|
|Equity Futures Trading||Rs.20 or 0.01% per trade Whichever is lower|
|Equity Options Trading||Rs.20 or 0.01% per trade Whichever is lower|
|Currency Futures Trading||Rs.20 or 0.01% per trade Whichever is lower|
|Currency Options Trading||Rs.20 or 0.01% per trade Whichever is lower|
How to Open Zerodha Demat Account?
Zerodha Demat Account Opening Process is very easy. Zerodha offers the following two ways to open Demat Account
Let’s look at the step by step process for Zerodha Demat Account Opening with all details.
Zerodha Demat Account Opening Process – Online
Zerodha Account Opening process – Online is quick and easy. Within 10 minutes, one can easily open a Zerodha account by following the simple steps shown below.
Following documents are required to open Zerodha Demat Account (Soft Copies) for Equity
Keep a scanned copy of bank account statements that should be attached to your Demat account. For Futures & Options, commodity, you need to provide income proof which can be either of the below documents –
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 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 Guide to Open a Zerodha Demat Account Online
Step 1. Zerodha Demat Account Signup
To open a Zerodha Demat and trading account you need to click on this direct link of the Zerodha login website and enter 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 next step to create 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. 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. Enter Bank Details
You need to fill the bank details like IFSC code, Bank account number, Confirm account number and click on continue to proceed for the next step.
Step 5. 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 6. Enter Background Info
You need to fill out background information like marital status, mother’s name, trading experience, annual income, occupation, etc.
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
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. E-sign with Aadhar
To complete esign process, 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.)
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.
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.
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
FAQs – Zerodha Demat Account
How to Open Zerodha Account?
What are Zerodha Brokerage Charges?
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.
What are Account Opening charges for Zerodha?
Zerodha charges Rs. 200 for Equity and Rs. 100 for the commodity segment. You can use Zerodha Coupon Codes to get free benefits for account opening
Few Points to Consider
The stock market in India is closed every Saturday, Sunday, and also on the BSE & NSE holidays.