Easy Zerodha Account Opening Process for Individual: Complete Step by Step Guide 2024

Easy Zerodha Account Opening Process for Individual: When I start my journey of investing and trading, I go through various stockbrokers, but I like Zerodha the most.

I can guess that you are also impressed by Zerodha’s performance so you are here. 

In this article, we are going to discuss the Zerodha Account Opening Process for Individual in detail. “Why did I choose Zerodha?”, “What is account opening charges?”, “Which documents I will require to open an account?”, “Why Zerodha is number one in India?” and more We are going to discuss it all. First, know what are top discount brokers in India here.  

You all know that there are only two types of brokers in India

1. Full-service brokers
2. Discount brokers

Full-service brokers are traditional brokers whose brokerage charges are higher than discount brokers. They provide full service to the clients, they provide recommendations to their clients. They are more expensive than discount brokers.

That’s why I always prefer discount brokers. The discount brokerage provides good service with low brokerage charges. They provide a good and fast trading platform to their clients. 

Zerodha is also one of the best discount brokers in India. Today more than 6 million people are using the Zerodha platform. Zerodha acquires a daily total of 15% of volume in trading and investing in futures and options.

Zerodha brokerage charges – 0.03% or 20 Rs per order whichever is lower.

If you are new to trading or investing in the market for a long time then I strongly recommend you to open an account at Zerodha. Here you can save a lot of brokerage. You can take benefit of other products of Zerodha easily.

Here is a Direct link to open a Demat and trading account at Zerodha. Open Zerodha Account

Why I prefer Zerodha

Zerodha is the number one stockbroker in India. If you compare in terms of volume, clients, and growth. Most of the traders trade on NSE, while most of the people trade on NSE by using the Zerodha platform. Zerodha also provide service on BSE, NSE, MCX, with equity, futures, option, etc

Nithin Kamath was just named “Entrepreneur of the Year” by Union Finance Minister Nirmala Sitharaman. Founded by Nitin Kamath in 2010.

Advantages of account opening with Zerodha

• The flat brokerage of 0.03% or 20 Rs, Whichever is lower. For intraday trading or other orders.
• No brokerage for delivery trades.
• Good customer support. Z-connect for queries.
• Nice trading platform: Provide great visual experience to their clients. Good compatibility with PC and mobile both. Contains all tools like indicators and other drawing tools.
• Good history: They achieved great success in their field within a short period of 13 years. Many of the brokers don’t achieve that in double or triple times.

Zerodha Account Opening Process for Individual

Zerodha account opening documents.

Here is the list of documents required to open an account with Zerodha. Keep all documents ready before starting the account opening process. If all documents are ready, then there is no interruption in the process of account opening, You can easily upload them at the right time.

• PAN Card – With proper signature on it
• Aadhar Card– Must link with a mobile number if you are opening an account with the online process.
• Signature – You need a signature on blank paper. Scan it when required.
• Bank account proof – You need an Online statement, or Bank passbook, or a canceled check if your name is clearly mentioned in it.
• Income proof (Optional) – If you want to trade F&O or Commodity then only you have to submit your salary slip or bank statement for the past six months or ITR.

Keep these documents ready to speed up your process. Make sure your Aadhar card is connected to your mobile number.

Charges for Zerodha Account Opening Process for Individual

You can make your account with Zerodha in two ways

1. Online
2. Offline

However, it is more convenient to go with the online process. You can save a lot of time with the online process. Charges are also very low compared to offline processes. You can create your account in very little time, mostly it takes 2 to 3 days to create an account.

Online Zerodha Account Opening Process for Individual

1. Charges to open Demat and trading account: 200 Rs
2. Charges to open Commodity account: 100 Rs

If you want to open an account to trade stocks(Equity) then you require only 200 Rs. But if you want to open an account in both equity and commodity then you will require 300 Rs (200 Rs+100 Rs).

Offline Zerodha Account Opening Process for Individual

1. Charges to open Demat and trading account: 200 Rs
2. Charges to open Commodity account: 100 Rs
3. Additional account opening charges: 300 Rs

It is always good to open an account with an online process. It takes only 15 minutes to open an online account.

But if you don’t want to open an account with an online process then you can opt offline process. If your Aadhar card is not connected with your mobile number then you can easily open an account with an offline process.

The offline account opening process takes more than 5-6 days. That’s why I recommend you go with the online account process.

Zerodha Customer Care

By the way, the account opening process is very easy at Zerodha. But if you find any difficulty with account opening then you can directly contact Zerodha.

Zerodha Customer service – 080 4718 1888

You can give the call for new account openings Monday to Friday, 8:30 AM to 5:00 PM, or on Saturday 9:00 AM to 2:00 PM  –

080 4719 2020

080 7117 5337

Online Zerodha Account Opening Process for Individual.

I always recommend going with the online account opening process. Today everything is online. More people are now comfortable with the online process. This process is also easy.

If you are comfortable with reading and applying things then you don’t need to read this post completely. You can easily open your account on your own. Just click on the link given below and follow the steps given there. By the way, I will give you a complete guide to open a Demat account very easily. To open your Account click here

Step 1: Open the Zerodha signup page.

Step 2: Enter your mobile number and press continue.

Enter the verification code which will be received by you on SMS. Use a mobile number that is connected to your Aadhar card. Without that, you can not complete your process.

Step 3: Enter your email address and verify then enter the 6-digit OTP that you receive on your email.

Step 4: Now enter your PAN number followed by your date of birth. Make sure you enter your details as per the record.

Step 5: Now this is time to make payment. If you want to open only an equity account then you have to pay 200 Rs. If you want to open an account with equity and commodity then you have to pay a total of 300 Rs. You can complete your payment with UPI, Card, or Net banking very easily.

Step 6: After completion of payment you have to connect to the Digilocker app to share your other details with Digilocker.

Sign in to your Digilocker account if you don’t have the Digilocker app download it enter your mobile number and sign in with your OTP.

Digilocker is a government initiative for you can save all your important government authorities documents online. Share it with the relevant sources whenever you require it. Enter your security PIN. If you don’t have a security pin then click on forgot and reset it. Then allows the user to access Digilocker and share a copy of your Aadhar check your Aadhaar details. And hit allow.

Step 7:

Now you have to enter your personal information into your bank account details. Make sure the information you are entering is accurate. Do not put in the wrong information, because it can affect everything.

You can see on the right side your details after your bank details in your background information make sure you choose all the options to read.

 Information is selected by clicking the checkboxes.

Step 8: Then finally come to IPV  (in-person verification). Please have a paper on which you can write your OTP. Now allows the user to access your webcam make sure you’ve written the OTP on paper and hold it in front of you just like shown below screenshot.  Now save your IPV.

Step 9: now we are going to assign your application form to upload the relevant documents which I tell you to keep and at the beginning of the video income proof is optional. But I would upload it because I want to activate the F&O segment.

Upload your signature and you can download all of these soft copies letter which are uploaded here.

Step 10:

Now e-sign your application. That will take you to the NSDL page. You have to do it again. Enter your PIN and continue. Do it again for the last time. Enter your Aadhar number. Then enter the verification PIN received on your mobile.

Step 11: Now you sign your application form. Click on the dashboard you can download the nominee form if you want to add the nominee to your Demat account.

Congratulation! After completing all this process and document verification. You will receive login details within 24 hours.

Zerodha Account Opening Process for Individual

Zerodha Account Opening Process for Individual

Zerodha Account Opening Process for Individual

Zerodha Account Opening Process for Individual