How to make demat account in Zerodha?

India
, , ,
1

Zerodha is India’s largest and most trusted stockbroker with more than 3.4 million active clients. You can open an account with Zerodha easily by following some simple steps. Make sure you have all the necessary documents before you start with the account opening process.

2

Opening a Demat account is the first step towards your investment journey. Zerodha is India’s largest and most trusted stockbroker. If you want to open a new account with Zerodha, follow these steps.

Before you create your account, have a look at some of the necessary documents required to complete the process:

  1. Aadhaar Card as your Identity proof
  2. Make sure your Aadhaar Card is linked to your mobile number.
  3. PAN Card
  4. Bank Account that’s under your name.
  5. Cancelled cheque of the account through which you want to link your Demat account.
  6. Copy of Signature on a blank sheet
  7. Income Proof, required only if you want to activate the derivatives section. (ITR, Salary slip, Bank Statement, Form-16, etc)

Steps to Account Opening

Once you have all these documents ready, you are good to start the process of account opening with Zerodha.

  1. The first step is to go to Zerodha.com or click on this link https://zerodha.com. You can also install the mobile application of Zerodha from the Google Play store & Apple play store. Once you have visited the website or downloaded the application, fill in the basic details like Name, Phone Number, E-mail, etc.

  2. After entering all the details successfully, provide the verification OTP on your Mobile number & Email ID. Once done that Enter your PAN details and make the payment of Rs 200 for Equities and Derivatives. If you wish to activate the commodities then it will cost you Rs 100 more.

  3. Once you have successfully completed the payment, you will be redirected to Zerodha’s website. Here you will have to enter your Aadhaar details from DigiLocker. Post this enter your personal details accurately. You will also have to provide the Bank details of the account that you want to link with Zerodha. After completing all the steps proceed further.

  4. After this step you will have to complete an in-person verification where you will have to write a “Code” provided by Zerodha on a piece of paper and take a picture along with it and upload it.

  5. After completing the previous step, you will have to upload all the soft copies of your PAN card, Aadhaar Card, Cancelled Cheque. Then verify the Aadhaar details from NSDL. Click submit after entering the OTP in NSDL, and the process is complete.

In this way, you can open your Demat account with Zerodha easily. The account opening process will take 24-48 hours. Post this you will be provided your Account ID and Password, which you can use to access your account.