A Guide to Creating a Zerodha Demat and Trading Account.

2023-02-16 00:17:47 - Grace Browns Grace Browns has been a lifestyle, fashion, and beauty writer for over 5 years, and she currently serves as a senior editor at 422346.com.

Setting up your Zerodha demat and trading account. This article (updated in February 2021) details how to register for a demat and trading account with Zerodha. Providing you have all the required identification documents and follow the steps outlined in this post, you should have a functional Demat account with Zerodha by the time you finish reading this article.

Anyhow, before we get into the article's steps, let me tell you how and why I opened a Demat and trading account with Zerodha. I opened a demat and trading account with ICICI direct when I first began investing. Despite my satisfaction with the services and features it offered, I soon discovered that ICICI Direct was prohibitively expensive.

Brokerages in ICICI direct frequently wiped out potential gains. The worst part was having to fork over a large sum to the broker even if you were making a loss on the sale of the stock. After that, I polled my social circle for opinions on whether or not they had experience with SBI Smart or HDFC Securities. High brokerage fees were shared by both parties, so we decided to pass. After extensive study, I decided to open a second trading and demat account with ZERODHA.

With over 30 million clients, Zerodha is India's most popular discount broker. Zerodha's trading platform is lightning fast and user-friendly, and the fees are minimal. There is no brokerage fee. No matter the number of shares or the price, a flat fee of 0.03 percent or Rs 20 per executed order applies.

In comparison to ICICI Direct's 0 brokerage fee, this is a significant savings. On all equity transactions, 55 percent Brokerage fees for stock purchases of Rs 50,000 at ICICI direct are Rs 275 (though they cap out at Rs 20 per trade at Zerodha). In addition, this amount is charged on both the buying and selling sides of the transaction, so you'll end up paying a whopping Rs 550 (much more than Zerodha) for the two of them together.

To sum up, if you're thinking about getting into the stock market (or are already involved), I highly recommend signing up for an account with the discount broker Zerodha.

Here is a quick link to Zerodha's account activation page where you can get started right away.

click here new account opening

Is there any particular reason you would recommend Zerodha as a place to open a demat and trading account?

By daily trading volume, customer growth, and number of users, Zerodha is India's most popular stock broker. It's a reasonably priced and technologically advanced stock broker. Over 15% of the daily retail trading volumes on the NSE, BSE, and MCX are contributed by Zerodha, which has more than 3 million customers. It has surpassed all the other new and traditional brokers in terms of both total and active clients trading on the NSE.

Nitin Kamath launched Zerodha in 2010, and as of August 2020, the company has joined the ranks of other winners who have shown promise as future blue-chip corporations by being named "Startup of the Year" by the Economic Times (ET) Startup Awards. The full account is available on this link. Nithin Kamath, who is credited with establishing and expanding the discount broking industry in India, was ironically named by The Economic Times as one of the "Top 10 Businessmen to Watch Out for in 2016 in India." Some of Zerodha's most recent and prestigious accolades include:

Awards received include "Retail broker of the year" by Outlook Money (2017), "Retail brokerage of the year" by the National Stock Exchange (NSE) in 2019 and 2018, and "ET Startup of the Year" by ET in 2020.

Winner, "Entrepreneur of the Year" (Startup), 2017 by Ernst & Young

If you're on the fence about whether or not to open a demat account and trading account with Zerodha, let me lay out the advantages of doing so.

  1. Equity delivery trades cost zero rupees.
  2. Rs 20 or 0 In intraday trading, the fee is 0.03% or the amount of the order, whichever is less.
  3. All exchanges have the same pricing structure.
  4. There is neither an up-front cost nor a minimum sales quota
  5. Z-Connect: a blog, a portal, and an interactive resource for all your questions
  6. There are over 6 million satisfied customers and a well-known brand.
  7. The 300-person support staff will respond to your emails and phone calls as quickly as possible.
  8. New desktop platform Pi combines trading, charting, and analysis into a single, user-friendly package.
  9. Kite is a minimal, intuitive, and responsive online trading platform.
  10. 55% utilization of average foreign exchange margin versus Compared to the market average, your risk is 70% lower.

You may wish to learn more about Zerodha, an Indian discount broker, by checking out their review here:

The Zerodha Demat and Trading Account Application Process

Zerodha's demat and trading account opening requirements

These are the forms of identification that Zerodha requests when you register for a demat and trading account. You'll need to upload digital versions of the following items during the account opening process, so you should have them ready before you apply.

  • PAN CARD (Invalid without accompanying signature; see below for details)
  • Aadhar Card (which includes a mobile phone number).
  • Passbook scan or photo, online bank statement, or cancelled check as proof of bank account. [If you're sending in a cancellation, it must bear your printed name in order to be accepted.]
  • A photocopy or scan of your handwritten signature.
  • If you want to trade in F&O or commodities, you must provide proof of income. The most recent pay stub, along with the previous six months' worth of bank statements or the Internal Revenue Service (IRS) tax return, are
valid pan card for zerodha account opening

Charges for creating a Zerodha account

Fees associated with creating a Zerodha account are detailed below.

  • Minimum Deposit for Trading and Demat Account in India is Rs. 200
  • 100 Rupees in the Commodity Account

Account opening fees for equity and commodity trading are Rs 200 and Rs 100, respectively. If you're only interested in trading stocks, however, the fee drops to just Rs 200.

To get started with Zerodha's demat and trading services, you can do so in two ways now:

  • Approach via the Internet
  • Non-online approach

If you have all the necessary documentation on hand, opening an account with Zerodha online takes no more than 15 minutes.

In contrast, an OTP authentication is required to finalize the eSign process when using the online method. Make sure you're using the Aadhaar number that's associated with your account. If you don't, you won't be able to finish the procedure. Visit your local Aadhaar Seva Kendra if the phone number associated with your Aadhaar is no longer in use or if you haven't associated a phone number with your Aadhaar at all.

You can still open an account without using your Aadhaar number, though. However, I advise you to go online because it's quicker and less complicated.

Having a firm grasp of technology and the ease of transacting business online are prerequisites for success in the business world. After you open an account, all future trades (buys, sales, etc.) will be conducted digitally, via cutting-edge trading platforms. You'll need to use your head for technology to complete them. Since you can't avoid the digital road in the future, you should jump on it now.

What you need to know about signing up for a Zerodha account online

How to Quickly Create a Zerodha Account

Before I dive into the specifics of setting up an account with Zerodha, let me first provide a quick answer to the question "How do I..."

Here is the link to Zerodha's account creation page where you can get started right away.

The first step in signing up on this page is entering your mobile phone number and verifying the OTP sent to that number. After clicking "Next," you'll be prompted to enter your Permanent Account Number (PAN), bank information, Aadhar verification information, and other personal details.

Zerodha account opening process - Step 1

The account opening page contains explicit instructions for each step. You can skip reading this whole post if you're an excellent reader and follower of instructions. Simply visit the account opening page, where you can then upload the required documents and follow the on-screen instructions to complete the account opening process.

Plus, you can call Zerodha at 080 4913 2020 if you have any problems with your online account opening.

An Overview of DigiLocker

If you want to open a Zerodha account online, you'll need to link it to your DigiLocker profile at the same time. Let me briefly explain DigiLocker, though, in case you're unfamiliar with it.


When I first heard about DigiLocker in the beginning of 2017, I was instantly impressed by the concept. As part of its Digital India program, the Government of India's Ministry of Electronics and IT offers an online service called DigiLocker. The following is why I always have this app on my phone:

It's not uncommon for city dwellers to experience something like this. You left the house to run errands, such as grocery shopping or a drop-off at a friend's. Also, in your haste, you failed to take your wallet. That means you are without your vehicle registration or driver's license. Second, it could be a hassle to explain to a traffic cop why you're not carrying proper documentation if they pull you over.

On the other hand, if you have the DigiLocker app installed, you can present your license and registration information directly from your phone. The government of India provides citizens with a service called Digi locker that allows them to store documents that can be produced if pulled over for a traffic violation. In addition, unlike the photo you keep in your phone's gallery, this one is safer and will be accepted by law enforcement.

In addition to your Aadhar card, Pan card, driving license, voter id, education certificate, etc., you can store all of your essential documents in the DigiLocker app.

In conclusion, if you don't already have a DigiLocker account, you should create one and install the mobile app on your phone. It will help you to keep all your docs secured

In addition, you'll need this account to verify your identity with Aadhar data when you open a Zerodha Account.


How to Open a Zerodha Account Online with Detailed Instructions

You should now have a general idea of how to open an account with Zerodha online and what documents and other items are needed; now I'll give you a detailed step-by-step explanation of the process:

To begin, navigate to the Zerodha account creation page. If you're ready to open an account, click here to get started right away:


When you sign up for an account with Zerodha via the above link, you'll be taken to their signup page.

Zerodha account opening process - Step 1

Step 2: Register with your mobile phone number In order to confirm the mobile number, an OTP will be sent to it.

In order to log in, you'll need to use the OTP within the next half an hour. Please double-check your text messages and enter the same OTP to verify your mobile phone number.

An immediate remark: here you can enter any mobile number you like. For the Aadhar based OTP verification process, however, you'll also need the mobile number associated with your Aadhar. After doing so, you'll be able to finish creating your account online.

Zerodha account opening process - Step 2

THIRD, input your PAN Card number and birth date (D O Details in the space provided (B) Don't forget to type these in correctly! Here's a screenshot you can use as a guide:

Zerodha account opening process - Step 3

At this point, you must make the initial, non-refundable deposit to open an account.

The fee for stocks is Rs 200, while commodities cost only Rs 100. (The Commodity Account is Recommended but Not Required. You can make this payment now if you want to trade in the commodity, or you can enable it later. )

UPI (Unified Payments Interface) or Net-banking/Card payment (recommended) will both work to complete the transaction. For your convenience, a screenshot of this process is provided below.

Zerodha account opening process - Step 4

The fifth and final step is to link your Aadhar details through Digilocker once the payment has been made.

DigiLocker, as was previously mentioned, is a government program that allows you to safely and securely share your Aadhar information. You must register for DigiLocker: Towards Paperless Governance and associate your Aadhar number with it.

For your convenience, I've included a screenshot here. Once you enter your phone number and click "Connect to DigiLocker," a new page will load where you can complete the signup process. Choose the "Sign in" link at the very bottom if you already have an account.

Digilocker's OTP will be sent to your mobile number associated with Aadhar during the connection process. Enter the OTP and proceed once you have it. (Note: If you've forgotten your security PIN, you can easily reset it by clicking the "forgot my PIN" link. )

Click Allow to send a copy of your Aadhar to Zerodha. At long last, your Aadhar information will be displayed. Verify that you are entering the information accurately. Please be aware that if you haven't already completed KYC, you won't reach this stage.

zerodha digilocker connect

After completing the Aadhar verification process, you will be prompted to enter additional personal information, such as your name, date of birth, gender, address, and occupation. Here's a screenshot of this process for your perusal: When finished, hit the "CONTINUE" button.

Zerodha account opening process - Step 6

Connecting Your Financial Accounts is Step Seven. In this section, you will be asked to provide additional information, beginning with your Bank Details. e including the routing number, account number, bank name, and IFSC and MICR codes for your local branch of the bank

Please select all that apply (the checkboxes) and then click the "continue" button after reading the details.

To avoid having to reprocess the forms, please double-check the bank account information with your bank passbook, a cancelled check, or an online statement (either a soft copy or a hard copy). Please use this screenshot as a guide.

Zerodha account opening process - Step 7

IPV Verification Via Webcam/Phone is Step 8

To comply with SEBI regulations, a depository participant must undergo an in-person verification process, also known as IPV. Prior to opening a demat and trading account, all investors must undergo a mandatory in-person verification process.

To begin the IPV process, you must first enable the Camera in your browser/phone (see below screenshot for details). In order to get the full effect, please visit the Allow button When you go to Block If you press this button, the camera will be turned off and you may have trouble turning it back on.

Zerodha account opening process - Step 8

Then, in STEP 9, an OTP will be shown on the screen. This OTP, whether displayed on paper or a smartphone, must be recorded accurately. Then, place the paper or phone containing the code in front of the camera on your mobile device or computer.

If you want to get the right photo, you need to hold the OPT on paper. See the below snapshot for an example of the photographer in action. When you're ready, press the capture button.

Hold the paper (OTP written paper) in front of the camera and don't wiggle around until the photo is taken.

Zerodha account opening process - Step 9

The tenth step is to upload the required paperwork we discussed at the outset. Financial information, your Permanent Account Number (PAN) card, your signature, and (optionally) proof of income must be uploaded.

You only need to show proof of income if you want to trade Futures and Options, currency, or commodities. When you're ready, hit the "Continue" button. As soon as you click that link, you'll be taken to the equity eSign page.

Zerodha account opening process - Step 10

Eleventh, eSign the document. To continue, please select the eSign Equity button.

When you choose to electronically sign, the next page will load.

Zerodha account opening process - Step 11

Step 12: Verify your email address after clicking the eSign equity. In this case, you can choose between two alternatives: i e You can sign in with your Google account or your email.

If you choose to log in with your email address, be sure to enter it correctly; otherwise, you'll be asked to resend the OTP you just received. Future communications from Zerodha will be sent to this inbox.

Verify your identity with the OTP sent to the email address you provided during registration.

Zerodha account opening process - Step 12

After Step 13 is completed, a new page will load with the "SIGN NOW" button. For your convenience, I've included a screenshot below. Verify the form for accuracy.

Following this, hit the "Sign Now" button located at the page's footer. If you click on it, you'll be taken to the NSDL homepage.

Zerodha account opening process - Step 13

Click the "I hereby" checkbox on the top left of the NSDL page to proceed to Step 14. ”

Now, at the bottom of the page, enter your AADHAR number and hit the Send OTP button. Last but not least, make sure you enter the OTP and verify

Zerodha account opening process - Step 14

Once the final step is completed and verified, the entire page will turn green and a message will read, "You have successfully signed the document." That the equity portion of your esign process is complete is confirmed here.

Zerodha account opening process - Step 15

The next step is to look for the check mark next to the Equity section, which indicates that your subscription to this section has been accepted. ESigned Document download links will also be available here.

Zerodha account opening process - Step 16

Step 17: Do this if you want to use the commodity market with your account. At this point, they must eSign once more for the commodities section.

Select the eSign for Commodity You'll be taken to the NSDL homepage. Then, enter your Aadhar number by selecting the box in the top left corner and clicking the corresponding button. The One-Time Password (OTP) will be sent to the mobile number associated with your AADHAR. After entering the OTP and having it validated, the commodity-related documents will also be eSigned.

Zerodha account opening process - Step 17

You have reached the final step and should feel very accomplished. After finishing all of the preceding steps, a final Congratulations message will appear on your screen. In case you need to see the screenshot again, here it is.

Zerodha account opening process - Step 18

Keep in mind that once you've finished everything, the Zerodha team will check your paperwork. After the verification is complete, you will receive an email from the document verification team. Within 24 hours of receiving this email, you will receive the login information.

Opening an Account Offline

A guide to establishing a Zerodha demat and trading account through conventional means

Those who prefer not to use the internet to create their Zerodha account can do so in-person. Costs associated with setting up an account in person vary from those incurred online. Here are t There is a fee for opening an account through his offline service:

  • Rs Trading and Demat Account Setup Fees of $400
  • Rs Trading, Demat, and Commodity Account Opening Fee: 0

To use this method, you will need to download an application form from the Zerodha website, print it out, fill it out, and sign it. Call us on 080 4913 2020 if you get stuck at any point while filling out the application form.

For new account setup, please complete the following application forms and send them via courier:

You can open an account offline using the same paperwork as you would for an online opening. A photocopy of your Permanent Account Number (PAN) card, an address proof (such as an Aadhar card, driver's license, or voter's ID), a cancelled check or bank statement, proof of income, and two passport-sized photos are all required. In addition to your signature, a cross-sign as self-attest is required on all of these forms. All documents that are acceptable for opening an account can be found on this page.

Completed application forms should be sent to Zerodha's main office at the following address.

4th Cross Dollars Colony, Lot 153/154,
Opp Public School of Clarence,
J Bangalore 560078, P Nagar 4th Phase

The other option is to call the account opening helpline (080 4913 2020) or your assigned sales manager with a request for a meeting at a time and place that is more convenient for you.

In this case, a Zerodha agent will get in touch with you, letting you know when and where to meet, and instructing you to bring the aforementioned paperwork with you. The agent would collect all signatures and self-attested documents/attachments needed to open the account.

Steps to Take Subsequent to Creating Your Zerodha Account

Login with this link or the KITE mobile app once your account has been created. To access the KITE marketplace, please click here.

zerodha kite products

To begin stock trading and investing, you may also use the KITE app, available for download on Android and iOS. Additional Zerodha offerings such as the Console, Coin, Connect API, etc. are detailed in this section.

Final Reflections

When you go to open an account, I suggest doing so digitally. The Digital India initiative is something Zerodha is working on, and it would be great if you could join them. Although there are many apparent steps involved, online procedures actually take very little time. The application form can be completed in 15 to 20 minutes once you've started the process.

If you don't have an Aadhar card and have another form of identification that verifies your address (a driver's license, a voter ID card, etc.), then the offline method is for you. It may be more challenging to connect with a Zerodha executive if you live in a smaller community. Additionally, it can take 7-10 days to open a demat and trading account using the traditional offline method. Check out our Zerodha report for 2021 right here!

Just that Follow these instructions (online and offline) to set up a demat and trading account with Zerodha. My Zerodha Demat and Trading Account Opening Guide helped you get started. benefits the readers Leave a comment if you need clarification.


Trade Brains and FinGrad are both run by Kritesh (Tweet here), who is also their founder and CEO. He has been investing in the stock market for seven years and is a certified equity fundamental analyst with the National Stock Exchange. Kritesh publishes his own thoughts and analysis of the stock market in articles about share market investing and initial public offerings (IPOs).

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