Open Zerodha Demat Account online – Updated May 2020

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.

Click to read our detailed review of Zerodha Demat Account

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

FeaturesDetails
Zerodha Brokerage ChargesFree delivery, 20rs or .01% whichever is lower for Intraday and F&O
Web trading PlatformsYes, Kite Web
Mobile AppYes, Zerodha Kite
Mutual FundsFree Direct Mutual Funds
IPO investmentsYes, Through UPI
Currency TradingYes
Commodity TradingYes
Options ToolsYes, through Sensible
Algo TradingYes, Through Streak
BondsYes, Upcoming
Zerodha Customer SupportYes, 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.
BrokerageCharges
Equity Delivery TradingZero
Equity Intraday TradingRs.20 or 0.01% per trade Whichever is lower
Commodity Options TradingRs.20 or 0.01% per trade Whichever is lower
Equity Futures Trading Rs.20 or 0.01% per trade Whichever is lower
Equity Options TradingRs.20 or 0.01% per trade Whichever is lower
Currency Futures TradingRs.20 or 0.01% per trade Whichever is lower
Currency Options TradingRs.20 or 0.01% per trade Whichever is lower
Minimum BrokerageZero

How to Open Zerodha Demat Account?

Zerodha Demat Account Opening Process is very easy. Zerodha offers the following two ways to open Demat Account

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

Let’s look at the step by step process for Zerodha Demat Account Opening with all details.

Zerodha Account Opening Process

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

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 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 –

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 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.

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

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 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

Zerodha pan

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. 

open zerodha demat account

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. 

open zerodha demat account

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.

open zerodha demat account
open zerodha demat account

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. 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.)

open zerodha demat account

E-SIGN EQUITY 

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
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 COMMODITY

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
open zerodha demat account

FAQs – Zerodha Demat Account

How to Open Zerodha Account?

Click on this direct link to Open Zerodha Demat Account or WhatsApp Us here and get our experts to help. you to open a 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

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!