Zerodha is an online platform to invest in Stock Market via different instruments like Derivates, Stocks and IPOs, Direct Mutual Funds, Futures and Options, Commodity Derivates, Currency Derivates, and Bonds & Government Securities.
Zerodha offers very competitively pricing across Industry.
|Rs. 0/- (ZERO)||Rs. 20/-||Rs. 0/- (ZERO)|
|Free Equity Delivery||Intraday and Future and Options Trades||Free Direct Mutual Funds|
|All Equity delivery investments under NSE/BSE||Flat Rs.20/- or 0.03% whichever is lower per executed order on intraday trades across equity, currency, and commodity trades||All Direct Mutual Funds|
Steps to open a Zerodha Account
Sign up to Zerodha Account with your Phone number and E-Mail ID, confirm the OTP received on the email/phone, and proceed.
Users can use the same phone number for tracking the application status.
Enter your PAN and Date of Birth
An applicant has to pay fees for account opening under Equity and Commodity. For Equity, the user has to pay Rs.200/- and for Commodity account, the user has to pay Rs.100/-.
Users can select both the options available or as per their requirements.
After selecting the account, pay the desired fees using UPI or using a Card/ Net Banking/ Wallet.
Zerodha will fetch the details of the Applicant such as Applicant Name, Father’s Name, DOB, and Address as per the registered KYC norms.
In case the address is the same as shown in the KYC details you can proceed further else select “Update address as on Aadhaar”
If, “Update Address as on Aadhaar” is selected users will have to share the address-related information from their Digilocker account for KYC.
Note: The Aadhaar number/ copy will not be stored on the Zerodha portal.
By continue using this option, Enter your Aadhaar Number, Allow Zerodha to access your DigiLocker to get the e-Aadhaar data.
Update your Profile by entering the basic details such as Parent’s details, Income, Marital status, Income Details, Trading Experience, Occupation, Funds, and Securities settlement preference, and whether you are a politically exposed person or not.
Provide Bank accounts details from which trading/ settlement is to be done, and agree to the disclaimers in order to continue with the application.
The applicant has to enter a code displaying on the screen on the piece of paper and by allowing Webcam access user can perform their webcam verification (IPV)
Upload the required documents.
eSign the application by clicking on the “eSign” and confirm the terms and conditions. Enter your Aadhaar number by confirming the declaration and submit the OTP
Congratulation, your application to open a Zerodha account is now complete. After the due verification, the applicant will receive their Login credentials on their registered email.