Comment on Various Types of Accounts

Amit Gupta commented on 07 Apr 2015, 09:36 PM

Hi Nithin Kamath,

I am trying to open Zerodha account.I have few queries:
1). I read your posts here which suggest ‘no ECS’ is required but I talked to sales guy today and they said that it is mandatory.Please let me know how to proceed.And also If I am not opting for ECS , how my next year’s AMC will be paid.

2). It is told to me that my Bank account’s six month statement is required.Can you please let me know why?

3). I want to pay Rs.750/- by net banking.Is it possible?

4).Why canceled cheque leaf is required?

5). Suppose I buy a share today , can i sell it tomorrow? or my share will be squared off automatically?

6). Why power of attorney is required by Zerodha?

Please let me know my query clarifications.

Thanks and Regards
Amit Gupta

View the full comment thread »