In 2018, Zerodha has launched its back-office central reporting dashboard, called Console. It is a central dashboard for your Zerodha account that provides in-depth reporting and analytics for your trades and investments. The platform is embedded with multiple features i.e. portfolio insights, trade history, P&L reports, tax-ready reports, online IPO applications using UPI, and many more. It is accessible through the Kite platform. Scroll down the page further to get more information on Zerodha Console reviewincluding charges, features, login process, how to use Console, pros, cons, and more.
Zerodha Console Charges
Zerodha is the most popular broker in terms of broking charges. Talking about Console, the reporting dashboard for your Zerodha account is Free and is levied with zero charges. It means users can view complete portfolio holdings & positions, and get different types of reports and statements on Console at 0 fees.
Zerodha Console Features
Unique dashboard: Once the console is logged in, you will see a unique comprehensive dashboard showing a summary of equity, mutual funds, and commodity investment.
View portfolio: Check complete portfolio holdings whether invested in equity (stocks), debt, mutual funds, and commodity. The Console also presents a graphical summary of the investment portfolio and shows a broad breakdown across asset class, sectors, and large-cap, mid-cap, small-cap stocks, and others.
Apply IPO online using UPI: Console Zerodha platform facilitates online IPO investment through UPI for free at zero brokerage.
Get reports: Zerodha users can download various reports like tradebook report, P&L report, tax P&L report, and others as per their requirements. Here is the summary of all the reports available on Console:
Zerodha Console Reports
As the name suggests, it provides details of all the trading transactions across segments. A user just has to select the segment and date range to view all the trades.
It provides a summary of all the profits made and losses incurred on the trades. Users can select the date and segments to check historical P&L. P&L Heatmap is also available on the Console.
This report specifies the amount of tax payable on all the profits made through trading.
Download Contract Note: Users are allowed to download equity, currency, and commodity contract notes or statements from the “download” option under the “Reports” menu.
Ledger statement: Ledger provides complete details of all the debits and credits into your Zerodha Account.
Zerodha 60 Day Challenge: This is a unique initiative by Zerodha to encourage traders and investors. As per the challenge, if a trader stands profitable for a period of 60 days, then he will get the winner certificate to certify as a profitable trader.
Funds: Check fund balance of Zerodha Equity and commodity trading account. Console Zerodha also facilitates withdrawing funds from your account.
Refer: A client can refer Zerodha account to his friends and/or family members and get rewards, once they open an account. Zerodha rewards and referrals program provides 10% of the brokerage paid by referrals and 300 reward points.
Gift stocks: In Nov 2020, Zerodha has introduced a platform to gift stocks, ETFs, and gold bonds to friends, family members, and their loved ones.
Zerodha Console IPO
Zerodha facilitates its clients to apply IPO online using UPI on the Console back-office platform. Here is the process on how to invest in IPO through Console:
Log in to Zerodha Account on the Kite.
Access to the Console Zerodha back-office platform.
On the top menu bar, go to the “Portfolio” tab and click on the “IPO” option.
Now, among the list of open IPOs, click on the “Apply” option respective to the IPO, you want to apply for.
Enter UPI ID, lot size, and price and submit the application.
Accept the mandate request sent to your BHIM UPI app, once done, means the IPO application has been successfully submitted.
Zerodha Console Login
Console web is accessible through Kite web as well as Kite Mobile App. Here is the simple process on how to log in with the Zerodha Console? Thus, Zerodha Console doesn’t require any separate login ID/user ID and password.
Go to the Zerodha Kite web or Kite Mobile App.
Enter login ID and password to log in with the Kite.
Go to your “Client ID” and under the menu, click on the “Console” option.
You will be redirected to the Console Zerodha Dashboard.
Alternatively, you can access console.zerodha.com, tap on the “Login with Kite” and enter Kite login credentials.
Zerodha Console Support
Firstly, log in to the Kite web or mobile app.
Click on the “Client ID”.
From the menu, select the “Support” option.
It will direct you to the Zerodha support page to resolve your query. You can even login to the Console support using Kite credentials and raise a ticket to the Zerodha support team, who will respond to your query within 24 hours.
Zerodha Console Withdrawal
The Console Zerodha platform facilitates the withdrawal of funds from your trading account. The Console allows online funds withdrawal or payout upto the withdrawable limit. Log in to the Console, go to the “Funds” tab, and proceed with withdraw option to withdraw funds from your Zerodha Trading Account.
Zerodha Console App
The digital broking firm has not yet launched the Console app for users. Users can only access Console over the web by login into their Zerodha account on the Kite trading platform.
Zerodha Console Web
It doesn’t matter whether you access Console through Kite web or Kite Mobile App, the console web platform will be accessible only on any of the supported browsers i.e. Chrome, Safari, etc. it is not yet available in the mobile app version.
Zerodha Console Final thought
Central reporting dashboard of Zerodha account, Console is the best back-office platform to allow users to check their complete portfolio summary, view positions, get tradebook & P&L reports, download contract notes, apply IPOs, and others. It is a free reporting dashboard that is not charged with any fee. However, the only weakness is that the discount broker has not yet provided Console mobile app and only available in the web version.
Console is the Zerodha’s backoffice reporting platform that provides all types of reports and analytics of trading and investment activities. The platform provides multidimensional insights of your trades and portfolio, in-depth portfolio breakdowns, P&L statements, tax-ready reports, etc.
Zerodha provides an online fund withdrawal facility to its customers through its console back office platform. You can withdraw money for free.
Steps to withdraw funds from Zerodha account on Console:
Login to your Zerodha Account on Kite.
On the top menu bar, click on the “Funds” tab.
Now, tap on the “Withdraw” option.
Enter the amount to withdraw within the withdrawal balance limit.
Fund withdrawal requests placed before 8:30 PM (Equity) and 8:00 AM (commodity) will be processed on the same day, however, after the stipulated time, the request will be processed the next working day.
Yes, Console is an absolutely free back-office portal for Zerodha clients. Users can get analytical reports for their trades and investment, view complete portfolio, check portfolio holdings & positions, portfolio breakdown, and download trade book, P&L, and tax P&L reports on the Console Zerodha for free.
In 2014, Zerodha has launched its back-office platform for the first time called Zerodha Q where all the reports were available but later in 2018, the broker has replaced the Q platform by introducing its latest back-office reporting dashboard Console with multiple features. The platform is an updated back-office tool to access reports like tradebook, ledger, P&L, online IPO investment, and get complete portfolio holdings information.
The console is Zerodha’s latest cost-effective back-office platform to enable users to track all their trades, P&L, and check all the debits and credits of funds in their account statement. It is the best platform due to the following reasons;
Cost-effectiveness as no charges is levied.
View portfolio holdings (equity, mutual funds, and commodity) and positions.
Get all the reports in one place on the console.
Check the funds debit and credit history of your account.
Withdraw funds and check previous funds withdrawal details.
Check graphical presentation of all trades, P&L, etc.
Single login credentials for Kite and Console.
Integrated with Zerodha Kite trading platform.
Refer Zerodha account to others and get a referral commission.
Gift stocks, ETFs, and bonds to your friends and loves ones.
Become a part of the Zerodha 60 Day challenge to win a certificate of profitable trader.
Tradebook provides a complete summary of all the trade transaction details on Console. It can be downloaded in an excel spreadsheet as well as CSV format. Here is the process to download the Zerodha trade book on Console:
Log in to the Console platform.
On the top menu bar, go on the “Portfolio” tab.
Under the drop-down, tap on the “Tradebook” option.
Select the segment, enter the date range, and submit it.
Once done, the complete trade history will be available.
On the top of the table, both the download XLS and CSV options will be available, click on the respective option to get the trade book.
In November 2020, Zerodha has taken another initiative by launching a stock gifting platform on Console where users can gift stocks, ETFs (Exchange Traded Funds), and gold bonds to their friends, family members, and loved ones.
Steps to gift stocks in Zerodha on Console:
Log in to the Console.
Tap on the Client ID and click on the “Gift Stocks” option.
It will redirect you to the Zerodha stocks gifting page on Console.
Now, enter the gift recipient’s name, mobile number, e-mail address, and then press on the “Continue” option.
Select stock/s that you want to gift and enter quantity, and then tap on the “Confirm & Send” option.
Once done, the recipient will receive an e-mail and SMS with the details of the gift.
The recipient needs to log in to his Zerodha account to accept the gift. Once accepted, the sender will be notified through e-mail and SMS to verify the recipient details and approve the transfer of the stocks by entering CDSL TPIN.
Zerodha has launched a new Tag trade feature on the Console dashboard reporting tool to allow users to tag the reason for trading in a portfolio holding or position. Here are the steps to use the Tag feature on Zerodha Console;
Log in to the Zerodha Kite and access the console platform.
Tab on the “Portfolio” tab and click on the “Tags” option.
Click on the “Tagging” option and now you can tag the trade of your choice.
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