How to Open Zerodha Account – A step by step guide

Updated on 21 Jan 2020.

Zerodha is one of the leading online discount brokers in India that provide various investments and trading facilities to its customers. You can invest in stocks, mutual funds and trade with equities as well as commodities, all under one roof.

Without any nonsense fluff. Let’s go through the step by step guide to open Zerodha trading account.

Documents Required to Open an Account With Zerodha

#1. PAN card

#2. Address Proof: Aadhaar Card/Voter Id/ Driving License/Passport with self-attestation.

#3. 2 Passport size photos.

#4. Canceled Cheque / Bank statement to link your bank account, or if your cheque is not personalized then upload the bank statement having both the IFSC and MICR code.

#5. Income Proof: It is compulsory to submit income proof if you want to trade in future and options or to trade commodities, equity, and currency.

You are Requested to Submit Only One of The Below Documents.

  • Form-16
  • Income Tax Acknowledgement letter
  • Last 6 months Bank statement
  • Latest salary slip
  • Demat Holding statement

Steps to Open an Account with Zerodha

Scenario 1 (With Aadhar based KYC)

If you have an Aadhar card linked Mobile number, then follow the below mentioned.

You can directly access the Zerodha webpage through the link https://signup.zerodha.com/ and then need to follow the below simple steps to open an account in Zerodha.

Step 1: Fill the Details

  • Enter your Mobile Number and Click on ‘Continue’. You will get a One Time Password (OTP) on the mobile number you entered.

How to Open Zerodha Account - A step by step guide

Enter the OTP, and click on ‘Confirm’.How to Open Zerodha Account - A step by step guide

You will be redirected to another ‘sign up’ form page.

  • Enter your Full name, email id and Click on ‘Continue’. You will get an OTP in your email inbox.

 

 

  • Fill that OTP (sent as verification email) in the option as given below and click on ‘Continue’.

How to Open Zerodha Account - A step by step guide

Step 2: Set Your Password

To set your password you have to wait for 24 hours, and then click on forgot the password.

You will get a link to reset your password, which expires within 24 hours.

Enter a strong and unique password, and click continue

 

Step 3: Enter Your Pan Card Details

Make sure that you enter the details without any mistakes. Enter your PAN card details and Click on Continue.

Step 4: Fees to Be Paid

Here you have 2 options

#1. Equity and currency: 300 rupees

#2. Commodity: 200 rupees

You can choose any one of them or both the options. It is advisable to choose Equity and currency options if you are new.

  • Enter details and click on ‘Pay & Continue’. You can select your preferred payment method either UPI App or Netbanking/Cards to pay the amount.

How to Open Zerodha Account - A step by step guide

Step 5: Bank Account Details

After you have completed the payment process you will be asked to enter the bank account details.

How to Open Zerodha Account - A step by step guide

Step 6: Background Information

Here you have entered the required details.

How to Open Zerodha Account - A step by step guide

Now click on all three checkbox buttons, and continue to the next step.

How to Open Zerodha Account - A step by step guide

Step 7: In-Person-Verification over webcam (Webcam IPV)

To do In-Person-Verification over webcam, you have to write the displayed OTP on a piece of paper or on your mobile phone screen and stand in front of the webcam.

Click on Start IPV.

How to Open Zerodha Account - A step by step guide

Check your face and OTP should be clearly visible on the webcam. Click on Take Video.

How to Open Zerodha Account - A step by step guide

Step 8: Digital Sign

If you want to open the account offline, you need to download the application form and courier it to the Zerodha head office.

If you want to open the account online, then you will be asked to digitally sign the application using your aadhar card and click continue.

After completing the process you need to digitally sign using the mobile OTP.

Step 9: Proof Documents

Here you have an upload bank statement or canceled cheque as bank proof.

If you want to trade in the future and options then you have to upload income proof.

Step 10: E-sign Equity

After uploading the required documents, scroll down the page, then you will see an option eSign Equity

Select the option and eSign the documents using aadhar mobile OTP.

After completing the above process, you need to take a print of the following

#1. Proof of Address (POA) for Demat and Sign on F3 and F4 only.

#2. Electronic Contract Note (ECN) for commodity and sign on F9.

#3. Nominee page (if applicable) with nominee id proof and sign on F7.

Dispatch the same duly signed (POA and ECN) to the below-mentioned address.

Zerodha

#153/154, 4th Cross

Dollar’s Colony, Opp. Clarence Public School,

JP Nagar 4th Phase, Bangalore-560078.

Scenario 2 (Without Aadhar based KYC)

If you do not have an Aadhar card linked Mobile Number, then you need to follow the below process.

#1. All the above-mentioned documents which were required to open an account and both the application forms (Trading and Demat account and Commodity account) to be printed on the A4 size papers.

#2. Signatures had to be done as per the PAN card (if any difference in the signature alternative proof to be provided).

#3. Nothing has to be filled in the form, other than signatures.

#4. For a joint account, separate Know your Client (KYC) form is required for all the holders along with the proofs.

#5. Second and Third holders (if any) should sign only the Demat form marked S or T.

#6. Mention your annual income, occupation, marital status, and mother’s name on PAN photocopy.

#7. Where the Signatures to be done.

On Trading and Demat Account Opening Form

Page Numbers Signatures
3(KYC form) 1 across your Photograph (F1) and 1 in the declaration box (F2)
5 F3 – (a,b,c,d,e,f,g,h) – Don’t forget to sign in all the boxes
6 F4
7 F5
9 F6
10 F7, F8
11 F9, F10
14 F11 (Ignore S1 and T1)
15 F12(a)&(b) (Ignore S2 and T2)
Power Of Attorney F13 (Ignore S3 and T3)
Annexure B F14 (Ignore S4 and T4)
Annexure E F15 (Ignore S5 and T5)
Annexure E F16
Annexure 1A F17 (Ignore S6 and T6)

On Commodity Account Opening Form

Page Numbers Signatures
3 F1 (Paste your photo and sign across)
3 F2
5 F3
6 F4
7 F5
8 F6 F7
9 F8
10 F9
Annexure 1A F10 (Ignore S1 and T1)

#8. Account opening Fees: Go to the link https://zerodha.com/pay.

#9. Dispatch the duly signed forms and documents to the below-mentioned address.

Zerodha

#153/154, 4th Cross

Dollar’s Colony, Opp. Clarence Public School,

JP Nagar 4th Phase, Bangalore-560078.

This completes the Zerodha account opening process and you will receive your client-id and password within 24-48 hours.

Conclusion.

That’s all. I have shared with you the complete process of how to open an account with Zerodha. This guide will help you open the Zerodha account in a couple of minutes. Let me know if you find any issue during opening the account in the comments.

 

 

 

 

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