Zerodha: account opening process online, fees, forms

If you wish to trade in stocks, commodity or currency or to invest in stocks and mutual funds with Zerodha, you are required to open a trading account and a demat account. However, if you are planning to trade only in derivatives, a demat account is not mandatory.

Zerodha offers 3 types of accounts namely:

1. A Trading account for equity and currency derivatives.

2. A Demat account to take delivery of stocks.

3. A Commodity account to trade commodity futures on MCX.

4. Zerodha also offers a 2-in-1 Demat and trading account.

Although, a customer account has access to all the segments. But, you have to share your preferences for trading in which segment that shall be enabled separately at the time of account opening or at later point of time.

How to Open a Demat & Trading Account with Zerodha?

To open account with Zerodha, you can access the instant account opening link and add your contact information there. A Zerodha representative shall contact you in a short while and walk you through you through the steps and process of opening a Demat and Trading account.

Zerodha offers a quick, easy and convenient online account opening process. You can fill the information online, and get started with the account opening formalities.'s a quickly.

Zerodha Account Opening Process

Let's have a complete view of the Zerodha Account Opening Process:

In case you want to open a new account with Zerodha, follow the following steps:

Step 1: Visit the Zerodha website via your phone, desktop, or tablet and click on the 'sign up' button on the upper left-hand corner

Step 2: Fill in your mobile number. You will revive a 6 digit OTP on the same.

Step 3: Enter the OTP and hit confirm.

Step 4: Follow the same process to verify your email address.

Step 5: It will then ask for your PAN number and Birth date. Fill in the details and hit continue.

Step 6: It now directs you to a payment portal with many options like Net Banking, UPI, etc.

Step 7: On your bank page, complete the payment process. You have to select from the \Equity\ and \Commodity\ account choices, so you'll be charged a fee accordingly. The fee for Equity Trading & Demat account is Rs.200 only. And, if you tick the commodity part also, a fee of Rs.100 is charged for it. After completion, you are redirected to the Zerodha website.

Step 8: Here, you would need to sign in to DigiLocker, a government enabled digital locker where you can safely store all your important documents. Download the Digilocker application if you do not have it.

Step 9: After signing up to Digilocker, enter the OTP received and press submit.

Step 10: Put in your security PIN code. If you don't have one, simply click on Forgot PIN and reset it in seconds.

Step 11: It asks to share a copy of your Aadhar card succeeded by a page asking for your personal details.

Step 12: Fill in the correct information related to personal contact, background, and bank account details.

Step13: Tick all the check boxes related to residency in India and hit continue. You will be lead to IPV webcam i.e In-person verification.

Step14: Write the given OTP on a piece of paper and hold it in from of the webcam for facial verification.

Step 15: Go to E-sign and upload the following documents: Aadhar Card, a canceled cheque with your signature, and your income proof (if you wish to trade in Futures and options), then click on e-sign equity.

Step 16: This takes you to the NSDL page wherein you have to again verify your email id, put in your security code and press submit.

Step 17: Have a complete look at the profile! then you will be given the last OTP after clicking on sign-up. Enter your OTP and your Aadhar number.

Step 18: You have successfully signed an online form. Now, go to the dashboard and scroll down to find the nominee form. Download it if you wish to add a nominee to your account.

Step 19: The process is now complete. A representative from Zerodha would contact you after the process or you may receive an account activation email (if all your documents are in place). 

Step 20: In case of any queries, you can contact the Zerodha support service on their website or call them on their customer service numbers.