Comment on Account Opening Process - Corporate,Partnership Firm, & HUF

Mayank Gera commented on 06 Jun 2018, 02:37 PM

Someone wrote this on quora for -> Is there a minimum balance in trading account that I need maintain with Zerodha?

In their clause(in application form-page number 10, point 7), if minimum balance is less than 10000 then Zerodha will retain this amount and you cannot transfer to bank. For example if you have 12,000/- in your trading account then you can only transfer 2000/- to your bank andv remaining will be retained in demat account. Even I was planning to open an account with them but now I have to think.

Is this right?

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