STEP BY STEP PROCESS FOR ZERODHA ACCOUNT OPENING IN 2021

CLICK BELOW FOR OPENING ACCOUNT

Today we are going to discuss regarding Zerodha Demat account opening online process and step by step procedure and documents that are required to open a Zerodha Demat account.

WHY CHOOSE ZERODHA? ( Zerodha account opening)

ZERODHA RATINGS
5/5

1 Zerodha is one of the biggest stockbroker in India with over 30 lakhs clients and over 15% trading volume.

2. Zerodha has a maximum 20 rs fee per  trade at BSE AND NSE.

3. Zerodha has the lowest brokerage (  Rs 20 or 0.01% whichever is lower) charges as compare to other brokers.

                                                                                        These are some basic reasons you can look at.

ZERODHA ACCOUNT OPENING PROCESS – STEP BY STEP GUIDE AND EXPLANATION. ( DETAILED )

STEP 1 – ZERODHA SIGN UP WITH MOBILE NUMBER AND ENTER OTP

 1- 1st you need to click on this link to open the browser – ZERODHA SIGN UP. WHEN YOU OPEN THIS YOU WILL FIND A PAGE LIKE THIS.

Zerodha account opening

You need to enter your mobile number and then click continue to move on to next .

HERE, you will see an image like this.

  • Enter the 6 digit OTP that you have received on your registered mobile number. ( NOTE- OTP will be valid for the next 30 mins only). After entering the OTP click continue.
  • ( QUICK GUIDE – MAKE SURE YOU ENTER THE MOBILE NUMBER THAT IS LINKED TO YOUR AADHAR CARD AS IN LATER STEPS YOU WILL GET AADHAR BASED OTP ONLY IF YOU HAVE LINKED YOUR MOBILE WITH AADHAR.)

           2- After that make sure you enter the                correct email id and then click                              continue.

 

STEP 2 – ENTER YOUR PAN NUMBER AND DATE OF BIRTH

Zerodha account opening

As your next step for the Zerodha account opening process, it’s just you need to enter your PAN Number and Date of birth. Make sure you enter the details properly and then click CONTINUE.

 

STEP 3- PAY ZERODHA ACCOUNT OPENING FEES.

Zerodha account opening

ZERODHA ACCOUNT CHARGES ARE MINIMAL.

  1. FOR EQUITY – RS 200.
  2. FOR COMMODITY – RS 100.
  3. FOR BOTH COMMODITY AND EQUITY – RS 300.

Make sure you check the box for which you are applying and select the mode of payment ( UPI / NET BANKING ). After that just click on PAY AND CONTINUE.

STEP 4 –  CONNECT AND SHARE AADHAR DETAILS WITH DIGI LOCKER.

You need to connect your AADHAR details with DIGI Locker.

Basically, Digi locker is a digital platform where you can store online documents such as PAN CARD, driving license. It’s highly secured and government-approved.

If you don’t have a DIGI locker, you can click here.

Zerodha account opening
  • Once you connect to DIGI LOCKER, you will receive an OTP on your mobile number that is linked with your AADHAR CARD. Just enter the OTP and click on sign in.
Zerodha account opening
  • Allow Zerodha to access your DIGI locker. As mentioned below in the picture and you are done with the digi locker process.
Zerodha account opening

STEP 5- ENTER YOUR BACKGROUND INFORMATION.

Zerodha account opening

After completing your AADHAR information, You need to enter your personal details such as your mother’s name, annual income, trading experience, etc. After clicking that just click continue.

 

STEP 6 – ENTER YOUR BANK DETAILS.

Zerodha account opening

 

Now it’s time to link your bank account. Fill in all the bank details such as Branch’s IFSC, Bank account number, etc. Re confirm your details, check all the boxes (after reading the information) and click on the continue button.

 

STEP 7 – COMPLETE IPV VERIFICATION OVER WEBCAM/ PHONE FOR ZERODHA SIGN UP.

Zerodha account opening

This process is compulsory for every investor before opening a Demat account. You need to write the OTP that is mentioned above ( 8650 may differ for every user).

1st – Allow the use of the camera and don’t click the block button.

2nd–  Write the OTP on any white piece of paper and hold it in front of your webcam/ mobile phone. Make sure your picture is clear with the correct OTP mentioned, You can look at the reference from the above photo- how that girl is holding the paper. Upload the photo and click continue.

STEP 8 – UPLOAD IMPORTANT DOCUMENTS

You need to upload Zerodha account opening documents like cancelled cheque, income proof and signature. ( Signature should be done with blue/black pen).

 

STEP 9 – E SIGN FOR EQUITY SEGMENT

1. And now it’s the final step for the Zerodha account opening process. Click on e-sign equity.

2.- There are 2 options for completing the process either you can click on Google or proceed with an email verification code.

If you are going for an email login then enter the correct email address and then you will receive an OTP. Just enter the OTP received on the email ID you have mentioned and verify it. ( below is the screenshot).

Zerodha account opening

 

3. Click on Sign now button after reading all the instructions and then you will be redirected to NSDL PAGE.

4. Just check the box that states “ I here by ….” . Verify the OTP that you have received on your mobile and then verify by entering the OTP.

Zerodha account opening

5. And then you are done !!!! You have successful E-sign for equity segment.  You can also download your e sign documents.

Zerodha account opening

STEP 10 – E SIGN FOR COMMODITY SEGMENT

 

This is the step- you need to only if you want to enable commodity segment. Just the same procedure from above. Again you need to e sign the documents by Verifying the OTP that you have received on your mobile and then verify by entering the OTP.

Zerodha account opening

CONGRATULATIONS!!  YOU ARE DONE WITH ALL THE SEGMENTS.

(Note – It will take 24 hours for Zerodha to verify your documents. Once it will be verified you will get an email that your documents are successfully verified and you will get login credentials for Zerodha login).

  • WHAT’s NEXT YOU NEED TO DO AFTER OPENING YOUR ZERODHA ACCOUNT?

You need to download KITE APP on Android / IOS for mobile use or you can directly use https://kite.zerodha.com/  for online use.

  • WHAT ARE THE DOCUMENTS REQUIRE TO OPEN ZERODHA ACCOUNT ( ONLINE ).
  1. Pan Card
  2. Aadhar Card
  3. Cancelled cheque or Bank Passbook
  4. Scan copy of Signature or Photo.

Click on above link to get full details of documents.

  • ZERODHA DEMAT ACCOUNT OFFLINE PROCESS?

A. (POINTS TO CONSIDER BEFORE OPENING AN ACCOUNT).

1. If you wish to open a Zerodha Demat account offline, please download this form – click here. All the instructions are given in THE form itself. (  FOR EQUITY)

2. If you wish to open a Zerodha Demat account offline, please download this form – click here. All the instructions are given in THE form itself. (  FOR COMMODITY)

3. If you need any assistance you can call at – 080 47192020 / 080 71175337.

4. Account opening offline process may take up to- 4 days

B. ZERODHA DOCUMENTS REQUIRE FOR OPENING (OFFLINE).

1. PAN CARD PHOTOCOPY.

2. (AADHAR CARD/ DRIVING LICENCE/ VOTER ID/ ETC.) PHOTOCOPY.

3. 6 months bank statement (with IFSC, MICR, Account no and Bank logo printed) or personalized cancelled Cheque (your name printed).

(MAKE SURE YOU SELF ATTEST ALL THESE DOCUMENTS)

C. CHARGES FOR OPENING ZERODHA ACCOUNT

 1. RS 400- FOR TRADING AND DEMAT ACCOUNT.

2. RS 600- FOR TRADING, DEMAT AND COMMODITY ACCOUNT.

ONCE YOU FILL UP AND SIGN IT –  PLEASE SEND THE APPLICATION TO

 #153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase, Bangalore – 560078

  • CLOSING/FINAL THOUGHTS ON OPENING OF ZERODHA ACCOUNT.

In my recommendation, you should open Zerodha account through online mode rather than offline mode as -:

  1. It will take only 15 minutes if you have all the documents.’
  2. You can buy/sell stocks very easily through online mode. Even you can apply on IPO’s and mutual funds through Zerodha ( online mode).
  3. Less opening charges as compared to offline mode.

However, If your mobile is not linked to your AADHAR CARD then you can go for offline mode. I have given full instructions above on how to open zerodha account through offline mode.

If you are interested in Zerodha account opening through online mode. Click here.   

ZERODHA ACCOUNT OPENING- FAQ'S

  1. How to open a Zerodha Demat account? ( QUICK GUIDE)
  • Open this link and sign up.
  • Register your mobile number with OTP and verify email address.
  • Enter Pan Card details and pay online fees.
  • Connect to Digi locker and link your bank account
  • Upload your photo with other documents
  • At last e-sign with AADHAR and you are done!!

 Above I have discussed the step by step process for opening a Zerodha account.

          2. Is Zerodha Account Free?

  • No, Zerodha account is not free. It cost you
  1. 200 for equity
  2. 300 rs for equity + commodity.

        3. What are the brokerage                      charges for Zerodha Account ?

EQUITY DELIVERY

ZERO

EQUITY INTRADAY

0.03% OR RS. 20 – WHICHEVER IS LOWER

EQUITY FUTURES

0.03% OR RS. 20 – WHICHEVER IS LOWER

EQUITY OPTIONS

RS. 20 – FLAT PER EXECUTED ORDER

COMMODITY FUTURES

0.03% OR RS. 20 – WHICHEVER IS LOWER

COMMODITY OPTIONS

0.03% OR RS. 20 – WHICHEVER IS LOWER