How to open online account with Zerodha

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Zerodha offers lots of positive considerations for investment purposes. Seeing this positive ground, now, a number of investors want to join the Zerodha and mainly look for “How to open trading and demat account with Zerodha?

Zerodha has made it quite simple to open online trading and a demat account with them using your Aadhar Number. The best part of the process is that this is a paperless and hassle-free.

Actually, there are two methods offered by Zerodha to open online trading and a demat account. You can go either online or offline method, as per your own convenience.

This article covers below frequently asked queries

  • How to open demat account with Zerodha?
  • How to open Zerodha account?
  • How to open online account with Zerodha?
  • How to open paperless account with Zerodha?
  • How to open Aadhar base online account with Zerodha?

Table of Contents

  1. How to open demat account with Zerodha?
  2. Mention step-by-step guide to open an online account with Zerodha.
  3. List down the steps of offline account opening with Zerodha.

How to open demat account with Zerodha?

Zerodha offers two ways by which an investor can open Demat account with Zerodha:

  1. Online Method
  2. Offline Method

Let us discuss each method one-by-one.

    Document required for Online Method

    If you wish to open an account through the online method, then you should have all the required documents in digital format.

    Zerodha Online Account Opening Document Requirements

    Document TypeDocument Detail
    Aadhar CardDigital Copy of Aadhar Crad as well as Aadhar link with your primary phone number to get OTP.
    PAN CARDYou must possess your PAN CARD. You require 1 self-attested copy of PAN CARD.
    PhotographsDigital photo and One physical photograph is required on the KYC form and sign across it.
    Address ProofFor the address proof, you can submit 1 self-attested copy of any document, i.e., Driving License, Voter ID, Passport, Aadhar Card, Bank statement, etc.
    Income ProofYou should have 1 self-attested copy of latest salary slip, ITR, Form 16, 6-month bank Statement, etc.
    Current SignatureScanned Copy of signature on white paper.

Our Tip: We would recommend you to open an online account with Zerodha rather than going the offline method. This is because your time will be saved and it is economical.

10 Step to open an online account with Zerodha

We will guide you in detail to open an online account with Zerodha. We have combined step 1 to 3 in one. Below are the step-by-step guide for the same:

  1. Register your primary email and mobile number here to start. Mobile number should be register with your Aadhar number (mandatory requirement).

  2. After registration click here to start your online application. Please be informed that your mobile number should be register with your Aadhar number (mandatory requirement). After entering your mobile number, you need to validate OTP.


    Zerodha-Online-Account-Opening-Mobile-OTP


    Enter your email Id and varify OTP.


    Zerodha-Online-Account-Opening-Email-OTP


  3. After login, Provide your PAN number and Date of Birth to start the application.

  4. Zerodha-Online-Account-Opening-PAN-Number


  5. After entering the vital details, now, you have to do payment for the online account opening with Zerodha.Pay here for Equity and/or commodity account, you can select either the accounts or just one account. The rates are as below:

    • Rs 200 for Equity
    • Rs 100 for Commodity

    You have the options to do payment via netbanking, debit card, credit card or UPI, as per your convenience. Your email ID will get the receipt of the purchase that shows the payment process is 100% successful.


  6. Zerodha-Online-Account-Opening-Payment


  7. In next step, provide your bank information. This information is available on your personal cheque.Provide your financial information in this step.
    1. Branch IFSC code
    2. Bank account number

  8. Zerodha-Online-Account-Opening-Bank-Information


  9. After Bank Information - Provide personla information.
    1. Marital status
    2. Father's name
    3. Mother's name
    4. Annual Income
    5. Occupation

  10. Zerodha-Online-Account-Opening-Aadhr-Personal-Info


  11. The next step that comes in this is IPV Verification. In brief, IPV or In-person-verification is the mandatory guidelines set by the SEBI in opening an online Demat and trading account which all of the investors must adhere to. Under this law, a depository participant in personal checks all of the required documents under the set guidelines of SEBI. You have to go through the mandatory IPV (Person Verification) process over webcam or mobile phone as per your convenience. In-Person Verification(IPV) – In case your PAN is KRA verified, you don’t need to do IPV. For IPV, just take your picture with OTP given on your screen with webcam and save.


  12. Zerodha-Online-Account-Opening-Steps-In-Person-Varification-IPV


  13. Next step is your Aaadhar based esign. Enter your aadhar number, and varify OTP.


  14. Zerodha-Online-Account-Opening-Aadhar-detail


  15. Next step is upload documents for online varification..
    • PAN Card
    • Canceled Cheque
    • Income Proof (optional)
    • Current Signature (digital)
    • Photo

  16. Zerodha-Online-Account-Opening-Document-Upload


  17. eSign process need OTP verification - Aadhar number with registered phone number

  18. Zerodha-Online-Account-Opening-Digital-Signature-Process


  19. After eSign, Zerodha Sales Team validate the documentation and send your email with Demat Power of Attorney(POA) – This is mandatory requirement from SEBI where POA need to be download, print, physical sign and courier to Zerodha office. This process will take few hours as sales team need to validate all your document.

5 Step to open an Offline account with Zerodha

If you are not a tech-savvy, then Zerodha also offers an offline method to open your demat and trading account with them.

  1. Register your primary email and mobile number here to start.
  2. Download Zerodha Offline Account Application form.
  3. Print and fill the application form. Signed on all requested pages, attach the required documents.
  4. Payment need to be done by cheque, Here the charges slightly increases for offline account opening:

    1. Rs 200 – for Trading & Demat Account
    2. Rs 100 – for Commodity account
    3. Rs 300 Extra for offline account
  5. Submit the application form to Zerodha Head office.

Your offline account will take more time to be operational, as compared to the online method, as you have to courier all of your documents to Zerodha. Send them aself-attested(cross-signed) photocopy of your PAN Card, Address proof (Aadhar Card, Driving License, Voter-Id,etc), Cancelled Cheque/Bank statement, Income proof & Passport size photographs.

Please send all of your self-attested documentsto the Zerodha head office address:

#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase, Bangalore – 560078

 

You can contact Zerodha’s customer care through their number – 080 4913 2020. They will assist you on every step, whether you are opening online or offline demat and trading account with Zerodha.

Final Note

The process of opening an online account with Zerodha is quick and easy if you are the techno-friendly guy. The process is smart enough to get your personal details from Aadhar database so you don't have to type your name, address and so on. You just need to enter your PAN number, Aadhar number, some extra information like Marital Status, father and mother's name, bank Information and few OTPs. With this, you are able to complete around 40+ page application with 40+ signatures online (Digital).

As there is minimum third party intervention to complete this process, sometimes its make things challenging for people with limited computer skills. Online payment processing needs access of your net banking/debit/credit card information, Aadhar verification process needs OTP to get your personal information and the digital signature on the application (eSign) also need OTP. So working on multiple OTP verification make this process bit complex. Other than above technical part, submitting an online application is quite simple and hassle-free.

Last updated on 10th Feb 2020

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  2018-07-02T21:02:07+00:00






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