Looking to open a Zerodha account online? Check how you can do this

Posted by Rohit Kumar on July 31st, 2018

Did you heard about Zerodha account earlier? If not, you can get to know everything related to the term right here in this article. If you’re not new to stock brokerage, understanding this term won’t be a big thing and even if you didn’t have any prior knowledge, you can still clear your doubts related to Zerodha account opening after finishing this article.
What is Zerodha?

Zerodha is basically a zero brokerage firm that is known to offer equity investments at extremely low brokerage. In the eyes of investors, Zerodha is a quite reputed name and largely considered as a pretty decent discount stock broker.
 
According to domain experts, when Zerodha introduced in the concept of discount share broking in Indian financial system, people can expect to save 80% to 90% with them. Their brokerage rates are extremely cheap in comparison to the full service brokers. It is widely considered as a low cost broking system in the field of discount share brokers. Zerodha brought in a new concept of Brokers as a Free Broker by introducing Equity Delivery Trades @ Rs 0 Brokerage. It'sRs 20 flat-rate share trades is equal to RKSV (Rs 20), while slightly more expensive then Trade Smart Online (Rs 15) and SasOnline (Rs 9).

Now here comes out the big question – how Zerodha account opening takes place?

Though this question seems complex, the answer is quite easy. You can open online trading and demat account with Zerodha using your Aadhar Number. The entire process is paperless and stress free.

Following are the documents you need for Zerodha account opening:

1: PAN Number
2: Aadhar Number linked with your Mobile Number
3: Net banking or debit card to do online payment for account opening
4: One cancelled bank cheque (Scanned Copy)
5: Income Proof Document (Scanned Copy – Any one)
6: Bank Statement for last 6 months
7: ITR Acknowledgement
8: Salary Slip – Stamp and Signed
9: Form 16
10: Demat holding statement
11: Current signature (Scanned Copy)

Once your Aadhar integration is complete, you can open your trading and demat account online. This process generally takes 15 to 30 minutes. To begin with, you need to have your PAN card number, Aadhar Number integrated with your primary phone number to receive OTP, canceled cheque to upload as your bank verification and to get branch IFSC code and account number, Income Proof (optional) and picture/scanned copy of your signature on white paper for digital signature.

Nirmal Mishra is a top share brokers who likes to share his experiences. All the articles published by him will help you understand Online Zerodha Account, Zerodha Demat Account all your Upstox Account Opening queries regarding.