How to Open Zerodha Demat Account Online 2024
In today’s time, demat account is very important because it allows you to invest and trade in the stock market. Through Demat account you can easily buy and sell shares and along with this you also get various tools and advanced features for investing. It helps you understand stock market options and keep your money safe. If we talk about top brokers in India, Zerodha comes first. In today’s article you will know, how to open your demat trading account in Zerodha.
What is Zerodha? – What is Zerodha Stock Broker?
Zerodha is an Indian stock broker that provides you the facility to trade online stocks with margin and commission. He is a top broker in discount brokerage firms. It was founded in 2010 by Neeti Kamath and is headquartered in Bengaluru, India. Zerodha is also India’s largest and most trusted investment broker. Currently, Zerodha has more than 1.3 crore customers. Zerodha offers trading and investment services in shares, mutual funds, commodities and currencies. Also Zerodha offers a variety of platforms and tools that help traders and investors in trading and investing as per their needs. Zerodha Kite, Zerodha Pi, Zerodha Coin, Zerodha Varsity and Zerodha Smallcase are some of the popular Zerodha platforms and tools.
So let us know how to open a trading account in Zerodha (Zerodha me Trading account kaise open kare)
Process to open demat account:-
You can open Zerodha Demat account both online and offline. Here I am explaining the process of opening Zerodha online account.
To open a Zerodha account online, you are required to have certain documents.
What Documents Needed for Opening Account on Zerodha?
Generally, you need only three documents: PAN card, Aadhar card, bank account details, photograph, and mobile number, email. You can use any of these.
1. Identity Proof:
- PAN Card (required)
- Aadhar Card (Required)
- Driving License (optional)
- Passport (optional)
- Voter ID (optional)
2. Proof of Address:
- Aadhar Card (Required)
- Electricity bill (latest 3 months)
- Bank Account Statement (latest 3 months)
- Telephone bill (latest 3 months)
- Passport (optional)
3. Bank Account Details:
- Bank account number
- IFSC code
- MICR code (optional)
- Name of bank
4. Others:
- mobile number
- Email address
- Signature (black or blue ballpoint)
Note: (How to open account in zerodha)
- Opening a demat account in Zerodha is free.
- Zerodha provides the facility to open demat account for Indian citizens above 18 years of age.
- To open a demat account in Zerodha, you need to complete the KYC (Know Your Customer) process.
How to Open Zerodha Demat Account Online
1. Visit Zerodha’s website:
First of all, you have to visit the official website of Zerodha https://zerodha.com/open-account/.
2. Click on “Open Account”:
Click on “Sign up” or “Open an Account” option.
3. Enter your details:
(A registration form will be received, in which you will have to fill your basic details like name, email ID, phone number etc.)
> Enter your name, mobile number, email address and date of birth.
> Choose a unique username and password.
4. Enter OTP:
An OTP will be sent to the mobile number you entered. Enter OTP and click on “Proceed”.
5. Upload PAN and Aadhar Card:
Upload scanned copies of front and back sides of your PAN Card and Aadhar Card.
6. Enter bank account details:
Enter your bank account details, including account number, IFSC code and bank name.
7. Record video selfie:
Record a video selfie using your mobile phone’s camera.
8. Fill the declaration form:
Read the declaration form carefully and accept it.
9. Click on “Open Account Now”:
Your application will be submitted and reviewed by the Zerodha team.
- Individual Verification (IPV) process has to be completed through video call.
- In this you have to show your documents and answer some questions.
10. Activate Account:
Once your account is approved, you will receive an email and SMS notification. You need to use the Zerodha Kite mobile app or web platform to activate your account.
The process is online, but make sure you keep all the required documents ready and submit them correctly. Demat account approval may take a few days, so be patient.
Benefits of Zerodha Demat Account
- Low Brokerage Charges:
- Zerodha is a broker with low brokerage charges, which means that the investor or trader has to pay commission only for the time he trades, and there are no monthly or annual fees involved. It charges ₹0.01 per share for equity trading and ₹20 per lot for futures and options trading.
- Kite Trading Platform:
- Zerodha offers a variety of platforms and tools like Kite, Zerodha Pi, Zerodha Coin, Zerodha Varsity and Zerodha Smallcase that help traders and investors in trading and investing as per their needs.
- Education and Support:
- Zerodha values education and support and provides users with descriptive education on various topics. For this, tutorials, webinars, and other resources can be used on their official website.
- Technology and Innovation:
- Zerodha has taken several measures to encourage technology and innovation. Traders are provided with unique and convenient options with the latest technology.
- Fast and Efficient Service:
- Zerodha uses various technologies to help traders trade faster and efficiently.
- Variety of Trading and Investment Options: Zerodha offers trading and investment options in equities, mutual funds, commodities and currencies.
Also keep in mind:
- It is important to understand the risks associated with the stock market and Demat account.
- Before you start trading or investing, you should evaluate your financial goals and risk tolerance.
- You should first learn, then trade.
FAQ
What are the charges for Zerodha demat account?
Account Opening Fee: ₹200 and Annual Maintenance Fee: ₹200 per year
In how many days does Zerodha demat account open?
Within 24-48 hours
More Details Visit: Zerodha
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