Account Opening Documentation & Charges
Traders,
There are certain mandatory documents required while opening either Trading, Demat or Commodity account.
1.PAN Card (Permanent Account Number): You are required to provide a self attested photocopy of your PAN card.
2.Address Proof: Everything at Zerodha is online and all the information from us will be sent to you on your email. Even then, it is compulsory for you to provide us with an address proof.
You’d be required to provide proofs of correspondence and permanent address. Your correspondence and permanent addresses could either be same or different. If your correspondence address is different from your permanent address, then you’d have to give us a proof for each of the addresses. However, if you are already KYC compliant then PAN card and Address Proof is not required.
To get your account opened at Zerodha, you are required to courier us the Account opening forms. We would request you to give us your original documents like land line telephone bills, electricity bills, bank statements etc., as your proof of address. In case you are providing us your Passport/Driver’s License/AADHAR Card or any such document, we would appreciate if you could get such document notarized or signed by a gazetted officer. Regulators require us to ensure that none of the proofs you provide are forged and this process will help us ensure the same along with ensuring that your account gets opened faster.
The account opening instruction sheet has a detailed list of all documents that can be attached as address proof. Click here to download the Instruction Sheet for Equity or Commodities.
3. Aadhaar: You will have to fill your Aadhaar number in the application form as well as send us a self attested copy.
4. Income proof: To trade Futures & Options or to trade Commodities, Exchanges ask us to ensure that the client has some other source of Income/Networth. Hence if you want to trade these segments, you will be required to give us an Income proof or Networth Certificate. It could be Form-16, IT acknowledgement copy, 6-month Bank statement (will also act as an address proof), Stock Holding Statement, or the CA certifying your networth. This is a mandatory document for trading Derivatives today.
5. Photos: Passport size photos would be required to open an account. The number of photos required will depend on what kind of account you are opening.
6. Cancelled cheque : An original cancelled cheque is required to confirm your Bank Account and because it is an original document, it also ensures that we are complying completely with the exchange regulations. We would need one original cancelled cheque leaf and a cancelled cheque leaf would look something like this:
7. Charges for the account opening:
Update(9th December 2019):
- If you are opening your account on or after 9th December 2019, you will be charged Rs. 200 for Equity account opening and Rs.300 if you open both Equity and Commodity account with us online.
- If you wish to open your account offline then the charges will be Rs. 400 for Equity account opening and Rs.600 if you open both Equity and Commodity accounts.(To be paid via a cheque in favor of “Zerodha Broking Ltd.” for offline accounts)
Old charges:-
Trading account only (1 cheque in favor of “Zerodha”)
- If you use our physical forms: Rs 300. If you print the forms yourself: Rs 200.
Trading and Demat account (1 cheques)
- If you use physical forms: Rs 400 in favor of “Zerodha”. If you print the forms yourself: Rs 300 in favor of “Zerodha.” Annual maintenance charge (AMC) towards your demat account is Rs. 300/- which is payable at the end of the year.
Commodity Account only (1 cheque in favor of “Zerodha Commodities Pvt Ltd”)
- If you use our physical forms: Rs 300. If you print the forms: Rs 200.
Welcome on board,
Hindi
Hi,
I want to open a Zerodha account to trade in Cash/MF with my HUF PAN. Don’t want F&O & commodity. Do I still need to submit Income proof? I don’t have 6 month bank statement as well as I opened the HUF 3 months back. Please advise.
Thanks!
Hi Gowri, income proof is only required if you want to activate the F&O and commodity segments. If you don’t want these two segments, it is not mandatory.
i want to recover reliance shares from IEPF. can u help me? pls provide conatct details also
I want to open a trading account for my company CNorth (OPC) Pvt Ltd. Let me know the process.
I WANTS TO OPEN A D MAT ACCOUNT IN ZERODHA
Hi Subhendu, we’ve explained the account opening process here.
Hi iam not able to create new account. While starting problem when iam entered phone number and otp again it’s asking phone number and otp.not able to go next page which PAN card other thing 😔 please 🥺 help
Hi Saravana, we’re sorry about this. Please create a ticket at support.zerodha.com so we can have this resolved at the earliest. You can also contact us on our account opening helpline: 080 4719 2020.
https://zerodha.com/contact
Hi, I have completed all steps of registration but I don’t get userid/password. How can I login.
And one more question, is it mandatory to post all documents offline when you have done all online registration process.
Please clear my all doubts.
Hi Jaspreet, we’re sorry to hear this. Please create a ticket at support.zerodha.com so we can have this resolved at the earliest. You can also contact us on our account opening helpline: 080 4719 2020.
https://zerodha.com/contact
I am an unemployed person. I want to open account in zerodha as intraday trader. I had no transaction history in my bank statement but i had some amount. I want to trade with that. Am i eligible for intraday trading?
Hi Sravan, you can open and account and do trading.
I just turned 25yo in May 20th but it still asks 200 reg fee for me while opening account why?
How to open RGESS Account?
I have been successfully completed the account opening fee for zeroda but the payment section has still asking payment same. how to solve this issue.
Hi Pranav, we’re sorry to hear this, could you please create a ticket here so our team can have this resolved at the earliest?
You can also contact us on our account opening helpline: 080 4719 2020. We’ve explained the process of creating a ticket without logging in here.
You can track the ticket via email updates in your registered email ID.
I have created demat account just now. But it didn’t ask to pay for opening account. Should I login in the app and have to pay in that? Please clear this doubt
Hi, if you’re under the age of 25, you don’t have to pay any account opening fee.
We want to open an Account in the name of Family Trust , Kindly arrange to share the list of documents and allocate a RM to guide the process.
in this account we will transfer some stocks of worth 1.15Cr from Marcellus PMS.
My cell is 8510857890
Hi Tappan, getting this checked. Someone from our team will reach out to you shortly.
Just now I have paid 200 rs for demat account and while continuing my process it asked for kyc and my aadhar card phone number is not updated. You must have mentioned these type of thing before charging 200 rs. Please let me know the procedure to get my 200 rs back.
Hi Chandrasekhar, we’re sorry about that! But the fees paid towards account opening charges for enabling equities as well as commodities are non-refundable.
You can either opt for the offline process or open your account in the future with the same mobile number and email ID, once your aadhar is linked with your mobile number.
You can refer to our refund policy here.
We’ve also mentioned that online account opening requires your mobile number to be linked to Aadhar in the very first step.
i have completed the precess of opening demat account on zerodha official website but it didnt asked me for any fees … is there any issue?
Hi Soham, account opening is free if you are under 25 🙂
Sir my name deepanshu i have not pan card but account opening to transfer to uncle detail i am fill
I have opened my zerodha trading account. However while opening the account, it never directed me to the payment option. Even after my account got activated , still no deductions. Checked my bank statement too.
After paying 200/- during registration it is showing mothers first name is invalid although i am not getting option to edit the same
Hi Bhavana, please create a ticket at support.zerodha.com so we can have this resolved at the earliest. We’ve explained the process of creating a ticket without logging in here.
You can track the ticket via email updates in your registered email ID.
Can I open dmat account jointly with my 2 yr grand son. Naturally I shall operate it, later will be passed on to my grand son.
Hi Jawaid, you cannot open a joint account with a minor as a holder. You can however, open a minor account itself. Explained here.
I created a zerodha account but there was no option for submitting a cancelled cheque and I gave all my details and submitted my application. Is there any problem for opening with my demat account as they didn’t ask for it.
Thanks for sharing!
Hello Sir, My wife just opened account but in document verification your system mail me that bank account details and PAN name doesn’t match because in Bank details my wife’s father name is there and in PAN card updated name is there (My Name) so there need Marriage certificate but how can I submit? There is no way to submit. Can you please guide me?
Thanks.
Hey Krushant, please create a ticket at support.zerodha.com and attach the additional documents requested so our team can check and assist.
@Nithin Kamath Sir,
Sir, While I was adding funds to zerodha
Its very unfortunate that your support team is of no use. I have send all documents for name modification as told me by support team. and they rejected my documents mentioning it as mismatch of signature. which is not the case..
my signature is same.. n now just to lengthen the procedure and to make it more difficult. they are asking for more documents.. My name has changed in PAN & Aadhar and in Income tax and in bank also.. that’s the biggest proof that government and bank has changed my name in their documents. which documents is superior than these???
Kindly resolve issue at the earliest.
Hey Lisa, sorry to hear this. Having this checked. You’ll have an update on the ticket.
Sir
I paid the account opening fees but i am not able to complete my KYC on the site. I am a student and don’t have income certificate. can I complete the KYC later on anytime? My aadhaar is not linked to digilocker and phone number i gave to zerodha. Kindly guide
Hey Utkarsh, since your aadhar isn’t linked to your mobile number you can either opt for the offline process now as mentioned here. Or open your account in the future with the same mobile number and email ID, once your aadhar is linked with your mobile number.
Also, income proof is optional and is only mandatory if you wish to trade in futures and options. More here.
I am uploading password protected file with the correct password. but after the automatic refresh, it won’t upload. I try 3 to 4 times but I am not able to upload the file.
Thanks.
Hey Janak, best create a ticket on our Support Portal.
Sir, I am a house wife. I have dmat account with zerodha with a bank account opened about 2 month back only.I only deal in Equity section. Now I receive a mail that “submit income proof one out of five given options “. I don’t have as i am a house wife. So, pls tell me, if unable to submit
than
1. Will you close my account.
2.if yes, how much time do I have.
3. What will happen with my holding shares, and money in trading account.
Please guide me ASAP, very worried.
account opening
Hello zerodha,
I have some doubts… I’m a 21 year old student… So I dont have any income proof.
And My adhar card is not linked by my mobile number….
My adhar card is linked with my mother’s mobile number.
Adhar card is not added in digilocker.
In this situation can I open a demat account??
Please help.
@Nithin Kamath Sir,
Its very unfortunate that your support team is of no use. I have opened an account with Zerodha many months ago. When i did not get the login credentials, I contacted zerodha support via Ticket #20201130597342. Despite providing all the details, the person never solved my issue and he never even bothered to tell me why exactly i am facing this issue (his response and way of handling was pathetic).
ISSUE : After account creation, never got login credentials. Also if i use forgot password link, it just give an error “Invalid Credentials”, and no way to proceed.
PROBABLE CAUSE : While creating the account i provided my husband mobile number (He already have zerodha account). Probably zerodha do not support two different people account with same mobile. But in this case it should not have allowed me while creating itself.
Please help on this.
Client ID : MR7320
The forget password link only ask for
ClientID+PAN+Email or ClientID+PAN+Mobile
In both case after giving those details, It gives error “Invalid Credentials”, and no way to proceed.
I have provided screenshot for both cases, and the support ticket handler even tried hmself and saw that, but after many months he closed the ticket saying “Please clear browser cache” (which i tried many many times, and the ticket handler knew that).
If Zerodha cant allow me an account then even in that case the ticket handler could inform me the same.
Thanks a lot for resolving the issue.
Is the uploaded signature should be the same as the bank account signature or it could be different ??
Hello sir,
I am a student, and is it mandatory to produce a income certificate for us also.
It is little to produce it, is there any alternative for us to open a account in zerodha.
Thank you
Online form procedure is completed except for aadhar verification. I am sending my form through speed post to Bangalore. What documents do I need to send with the physical form?? Do I have to sign every page of the form?
Sir , I have opened trading account on zerodha, and I am unable to add funds to trading account as the bank is not associated with zerodha.
I do not have any account in other banks , what should I do ?
Hi Zerodha,
What is wrong with your account opening procedure, why the account opening charges are taken first when all those 7 steps of account opening are kept after deducting fees.
Now after deducting the fees of 300 rupees, in the 1st step itself your system is throwing error saying “your date of birth doesn’t match with PAN details”. What is this error? when my PAN details are absolutely fine and correct as per ITD.
I don’t want to open account with you/Zerodha, kindly refund my deducted fee amount.
Thank you,
Regards,
Rakesh MK.
Hi ,
I am trying to register a new account. But it says your Date of Birth doesn’t match the details on the PAN card . However , I have checked multiple times and it seems to be right . Please help. Thankyou and expecting a quick turnaround.
After paying 300 Rs fees, Zerodha is giving me an error about MY DOB doesn’t match as mentioned in PAN. I have checked twice , details I entered are absolutely correct. Please look at this and send me a mail for resolution.
Same issue here. 300 was cut from my bank but dob not matching pan details?? Please clear the issue
After paying 300 Rs fees, Zerodha is giving me an error about MY DOB doesn’t match as mentioned in PAN. I have checked twice , details I entered are absolutely correct. Please look at this and send me a mail for resolution.
I was trying to open an account with Zerodha. After making payment of the fees of Rs.300 now it throws the error that my DOB does not match as mentioned in PAN. I know for the fact that the details in my PAN are absolutely correct and I have been using it regularly
I noticed that many people are facing this problem when opening account with Zerodha. Something wrong with your system.
Please immediately address this issue and send me a mail.
Hi Team,
I am facing below issue while cfreating an account. Kindly look into this & do the needful
Issue: Though I have entered my DOB correctly its still thrwoing an error “Your Date of birth doesn’t match with PAN details.”
I have already paid the account opening fees, but when I entered the PAN and DOB it’s not matching, which is not possible as I have tried it many times and it is still showing the same, please help me with this. its two days in a row that it is still showing the same.
Thanks
Regards
Rajendra Kumar Joshi
While trying to open a trading account I have paid online Rs 200/- post which I get a message that date of birth as per PAN does not tally. I wish to inform that your system must be accessing some old data base as regards the PAN data I have changed my date of birth long ago in my PAN records and the date of birth which I have used for opening the account is correct as per the PAN verification data on the income tax website.
I have also seen similar complaints in this section. Kindly help me complete the transaction and I can submit other proofs of date of birth. The amount should be collected only after verifying all the required information and not before that.
I was trying to open an account with Zerodha. After making payment of the fees of Rs.200 now it throws the error that my DOB does not match as mentioned in PAN.
Please help
I was trying to open an account with Zerodha. After making payment of the fees of Rs.300 now it throws the error that my DOB does not match as mentioned in PAN.
Please help
I have open both Equity and Commodity account online by paying Rs. 300/-
It is still showing commodity not active. How to get it active?
Hi Nithin/Zerodha Team
While opening the account with Zerodha PAN number and date of birth verification happen two times. Once before taking payment for account opening and other after payment for opening account. There is a bug with their software and they are not willing to accept there fault. Before making the payment the PAN number verification and Date of Birth get validated correctly and after the payment same validation fails and says that “Your Date of birth doesn’t match with PAN details.”. How is this possible at one step the validation passes and post paying the account charges the same validation fails.
After raising the ticket to Zerodha support their customer support says try entering the month and date by swapping the values. Now if you enter the date and month as suggested then to my surprise this validation gets passes and I am is able to proceed further and open the account.
Now after opening the account user gets CMR (customer master record) the document from Zerodha which has all the required details and in this document the date of birth is different from the actual.
On this page, around 15-20 people are reporting the same error. Is this some kind of scam to ask the customer to pay the account updation charges even if this is the mistake of your software?
I raise the ticket for the same for 3 weeks and still no resolution with the same. Every time the CCE starts with the same script that you KYC is not correct from where we are fetching the data.
Kindly look into the issue and resolve the issue.
Ticket details are as follows:
#20210417185504
#20210408439804
Thanks
Praveen
While account opening, I am facing an issue of “Your Date of birth doesn’t match with PAN details.” raised ticket #20210420645743, but still no resolution provided
I paid 200 rupees for opening my zarodha account and I am on Step 2 of the process if I do not proceed further with the account will I still be charged 300 for AMC or any other charges
Hi I have a savings account with 35,000 in it.
Can I link this account to Zerodha while creating a profile? Is it wise?
I am facing a problem after paying 300 as “your DOB doesnt match with PAN Details”. please resolve this issue ASAP. i have seen lots of users has faced the same issue previously.
hi
how to send POA physically to avoid T-PIN to place orders.
Thank you.
I have paid 200 rs account opening charges but further says dob does not match pan details but they are absolutely correct. Mobile no is 9419624367. Please sort out the problem to open my account.
Dear Sir,
I want to ask you one question. what is the time limit to complete the account opening process once payment is done.
My friend got 1 rupee from zerodha after account opening form filing in his bank account,I am not getting it.
My question- why zerodha deposit 1 rupee. And if not get 1rupee then it affects account of zerodha
Date of birth does not match with PAN.
Paid 200 already.. Kindly tell the next steps or return the money back.
There is issue an opening a new demat account.. I have to inform you that I have paid your fees and now your system saying that you DOB mismatch..How can it is possible??…So therefore as customer I am requesting you to resolve a problem within one day time period or either you can return my money back..
Your Date of birth doesn’t match with PAN details even after its correct.
I also faced the same problem after payment it shows the error that your date of birth does not matched with PAN details. To whom should we contact to solve this problem.
While account opening, I am facing issue of “Your Date of birth doesn’t match with PAN details. Kindly assist to resolve.
Our salesperson will reach out to you to help out with this in a bit.
I am facing the same problem. Can anyone reachout and help?
I’ve been trying to open an account with your platform, but despite the money being deducted, there is an error being displayed on the screen that the Date of Birth does not match with the PAN details. This is absolutely incorrect because I’ve been using the same details for multiple events, and there has not been a single inconsistency or error till date. Please do resolve this situation at the earliest.
Hi,
Facing issue of PAN-DOB mismatch while signing up after paying the fee on INR 300, please help.
I have entered correct PAN and DOB still showing mismatch error and have validated this on the ITD site and document. I notice that many other users are facing a similar problem.
Request you pls have someone reach out and help resolve the issue.
Looks like you have moved past this page, we’ll have the salesperson reach out to you to complete the signup steps.
Hi Team,
I am also facing same issue as everyone else, after payment its throwing error that my pan details does not match, I validated the details already. Ideally the payment should be collected at the final stage after all the verifications are completed. Absolutely not acceptable from a big platform like Zerodha. I have already raised below complaint 5 days back but no solution yet. Can someone please assist or refund the money at least?
Complaint # 20210113392131
After paying account opening fee I am facing the same issue that Date of Birth does not match PAN database. Raised a ticket yesterday but no response or resolution
After deducting 300 rs, I am continuously getting the message of my pan card record and birthrate not matching. Need assistance to open the account.
I am a student i don’t really have any income proof what ever i get as my income is in cash. I want to create a secondary source of income trading options but the problem is my bank statement shows a very little amount of about rs. 8000 in last 6 month will i be able to trade options.
My DOB on PAN is correct still i am unable to proceed to open account as it is showing error that
my DOB on PAN not matching.
hi sir, i am student
i have decided to open demat account and trading account zarodha.
i can open account or not?
You surely can. Refer this https://support.zerodha.com/category/account-opening/online-account-opening/articles/how-do-i-open-an-account-online
Hi,
I am facing error during signup, i have done payment Rs.200 but at the end DOB mismatch error occured. I have checked with Pan and Aadhar card both, details are correct. Please solve this kind of error and process my account.
Hi,
I was trying to open an account with Zerodha. After deducting the fee of Rs.300 now it throws the error that my DoB does not match as mentioned in PAN. I know for a fact that the details in my PAN are absolutely correct and I have been using it every year to file my ITR. I have raised ticket 20201111993046.
Request you look into the matter and address the issue.
Thanks.
dear Sir,
My account opening process is in complete at Zerodha
I am trying to upload my signature but all the time it showing unclear pics, because of this issue i am unable to complete my application.
Please help!
Facing the same issue. Paid the 200 rs as an account opening fee and now it is saying that the DoB does not match with Pan records.
There are so many complaints about this issue. Tried calling support but no response.
I wonder, is this a big scam being done by Zerodha?
My ticket number is: 20201107695891
After this pathetic experience, I think it’s better to pay a bit more but stick with the known players (ICICI, Sharekhan, etc).
I was opening a Demat account. I completed my payment successfully and now it is saying the DOB does not match for the PAN Number shared. It is an error as the details entered were correct.
To confirm there is no error in government digital and physical data – I reconfirmed the details of my PAN card from the income tax efilling portal.
Please check and help with the issue.
Very poor support team tried contacting multiple times, nobody responds back to the call.
Dear Sir,
I’ve been trading in Equity for 3 months in Geogit, i would like to apply for F&O in Zerodha. My monthly salary is 18k. Will i be able to apply for F&O with my salary proof? is there any minimum salary requirement?
Thank you
You can, there is no minimum requirement as such.
Hi There,
I have submitted a request to open a new demat account with zerodha. Since I have a joint account with my husband, I have already verified with customer care regarding my eligibility using the joint account. But after the process of account opening, I am getting rejection based on my bank account documents.
Please help me to sort this out. I already raise a ticket for that and also talked with customer care. If you want i can share my ticket number.
We see that this is sorted and your account is open. you can check our product suite here:https://zerodha.com/products
after payment of rs 300, it is saying my DOB doesn’t match with pan. Thought my pan has correct dob. please help resolve asap.
Already a zerodha account and was helping a family member to open an account but after payment it says DOB and PAN DOB doesn’t match. It is indeed correct and same is mentioned in the PAN I have. Please clarify.
I would have expected Zerodha to specify any issues before the payment, this is rather strange.
You can mail me on this as soon as possible, need to get this done soon.
Sir,
Can we pay account opeining charges with another accunt, which is not account holder.
While account opening, I am facing issue of “Your Date of birth doesn’t match with PAN details.” raised ticket #20200918435176, but still no resolution provided.
Same issue
Yes, i am having the same issue as well. Can you pls let me know if your issue has been sorted? I have already paid the account opening charges.
Hi
Can i a demat + trading account account be opened to trade in equity and F&O by a housewife having savings Bank account?
Only 1 month bank statement is available as the account is new
Same here. Why cant all this validation be done before asking money? For paying no validation is asked, plus customer is left wondering ?
Facing same issue of DOB not matching PAN, checked Goverment website it matches. 200 rs cut ,please resolve this issue
Hi,
Facing issue of PAN-DOB mismatch while signing up after paying the fee on INR 300, please help ASAP.
I have entered correct PAN and DOB still showing mismatch error and have validated this on the ITD site and document. I notice that many other users are facing a similar problem.
Please have someone reach out to me and help resolve the issue.
Hi,
Facing issue of PAN-DOB mismatch while signing up after paying the fee on INR 200, please help.
I have entered correct PAN and DOB still showing mismatch error and have validated this on the ITD site and document. I notice that many other users are facing a similar problem.
Request you pls have someone reach out and help resolve the issue.
Hi,
Facing issue of PAN-DOB mismatch while signing up after paying the fee on INR 200, please help.
I have entered correct PAN and DOB still showing mismatch error.
Ticket no-20200828573562
I was trying to open an account with Zerodha. After making payment of the fees of Rs.300 now it throws the error that my DOB does not match as mentioned in PAN. I know for the fact that the details in my PAN are absolutely correct and I have been using it regularly
I noticed that many people are facing this problem when opening account with Zerodha. Something wrong with your system.
Please immediately address this issue and send me a mail.
Already a zerodha account and was helping a family member to open an account but after payment it says DOB and PAN DOB doesn’t match. It is indeed correct and same is mentioned in the PAN I have. Please clarify.
I would have expected Zerodha to specify any issues before the payment, this is rather strange.
You can mail me on this as soon as possible, need to get this done soon.
I have uploaded my all document on digi locker there after its showing option for capturing picture but after capturing verification picture that there is no option showing whether process completed or what
its a month from payment of initial charges no one is responding on call.
Sorry to hear that. We’ll have someone get in touch with you to help soon!
I have tried to open online account, before making payment i found that mobile number i have mentioned is not same as registered to aadhar & pan. Hence logged out and tried signup with correct mobile number. But system shows error that PAN is alrrady registered. Pls guide me for resolution of this matter…
Hi,
I was trying to open an account with Zerodha. After deducting the fee of Rs.300 now it throws the error that my DoB does not match as mentioned in PAN. I know for a fact that the details in my PAN are absolutely correct and I have been using it every year to file my ITR.
Now i can’t anyone of zerodha team.
Hope they all are safe and alive & will do something in this matter
Request you look into the matter and address the issue.
Thanks.
I have the same issue …please help have raised a ticket
I have the same issue PAN and DOB does not match..please revert ASAP..or call on 9870505173..
Hi,
I was trying to open an account with Zerodha. After deducting the fee of Rs.300 now it throws the error that my DoB does not match as mentioned in PAN. I know for a fact that the details in my PAN are absolutely correct and I have been using it every year to file my ITR.
Request you look into the matter and address the issue.
Thanks.
While trying to open an account, your website first required an authentication for PAN DOB and then payment. I did payment and then this is telling that there is a mismatch in PAN and DOB!
I checked at ITD website and found that PAN-DOB is correctly entered.
However your website is not able to correctly match with ITD data.
More surprising is that this validated in first go and allowed the collection of account opening fee (300/- INR) and then this started giving false error that PAN – DOB does not match!
i want to open the account, KYC has been Verifed , Payment also been deducted 200 Inr for Account opening
But showing DOB is not matching with PAN submitted, However i checked many times..
Please suggest.
After payment, i am also getting PAN and DOB mismatch. I have verified the details in IT database.
Create a support ticket 20200525759158.
Please look into this asap or refund back the amount.
Hey Ankur, our salesperson will be reaching out to you in a bit to assist.
Yes..facing the same issue. they took screenshot and no followup yet
I received a call for assistance and i sent a mail with the screenshots and the problem that i was facing but there was no follow through. kindly help. I want it to be done asap. it is the same problem of the DOB issue with the PAN card even after entering the correct DOB that few others are also facing like i read. kindly look into it.
Hi,
I was trying to open an account with Zerodha. After deducting the fee of Rs.300 now it throws the error that my DoB does not match as mentioned in PAN. I know for a fact that the details in my PAN are absolutely correct and I have been using it every year to file my ITR.
Request you look into the matter and address the issue.
Thanks.
same here
Hi,
I was trying to open an account with Zerodha. After deducting the fee of Rs.300 now it throws the error that my DoB does not match as mentioned in PAN. I know for a fact that the details in my PAN are absolutely correct and I have been using it every year to file my ITR.
Request you look into the matter and address the issue.
Thanks.
Its been a week and still not response whatsoever. Tried reaching out through various modes to no avail.
Request you either kindly respond to the query or refund the money.
Hey Robin, don’t see any support tickets with your email ID. Can you please email lindo[at]zerodha[dot]com with details? Will have this sorted ASAP.
Hi Robin
Did your problem get resolved? I am also facing the same issue but no resolve yet. Nobody answers the phone numbers also.
I was opening a Demat account. I completed my payment successfully and now it is saying the DOB does not match for the PAN Number shared. It is an error as the details entered were correct.
To confirm there is no error in government digital and physical data – I reconfirmed the details of my PAN card from the income tax efilling portal.
Please check and help with the issue.
same issue with me
same issue with me!
Same Issue
same issue with me.
what to do?
Even I got the same issue…(DOB IS CORRECT IN PAN DATABASE)
Hi,
I’m also getting exactly the same issue. How to resolve it?
Please help
Getting the same issue, how to resolve this?
Same issue, getting DOB does not match with PAN details.
hey hi i just did the process of filling PAN card details and did the digital thing by providing AADHAAR number and did done the fee procedure and did the transaction of 300 rs what you needed for accounting opening.
May i know what will be the next step as i did not get any new information after i did my procedure.
Can you please help? Will i get any notification on my email address to provide docs or what?
Hi Cion,
Looks like someone from our team has assisted you on the call and you have completed the signup formalities from your end. You will get an email with the link to set up your account shortly.
Hi All,
I have opened zerodha equity and commodity account in oniline at a time, equity segment is active but commodity segmentis not active im not able to add funds to my ommodity segment, can anyone explain what is the problem.
Hey Rajendra, I see that you have not e-signed your commodity account and hence it was never opened. Please go to signup.zerodha.com and complete the e-sign process for your commodity account.
hi,
i am a Student and a small advertisement Maker, do stock exchange is a good option for me?
i have 6 month bank statement, but my income is not regular, will it work?
please guide me.
regards
Abhinav
Sir Iam from Kerala and now working in Kuwait.I need to open an account in Zerodha.Now i dont have a NRI account in any of the following banks that you are listed. please provide further procedure and list of documents that are mandatory
Please refer this link for the process of opening an NRI account. The brokerage charges for NRI accounts are 0.1% or Rs. 200(whichever is lower) per executed order. Check out the other charges apart from brokerage here.
Kindly share your contact details to nridesk[at]zerodha[dot]com so that we can have someone assist you further.
I have chosen both equity & Commodity instead of only equity. i also paid for both. now during the process it asks for income proof for commodity to complete the esign. what can i do now for opening only for equity account ?
You can omit uploading the income proof and the commodity account will remain pending. It’ll be activated whenever you provide the income proof in the future.
Hi,
I am trying to Signup to Zerodha to create both equity and commodity account. Payment is done.
While trying to connect to digilocker I am trying from my mobile number as my Aadhar is linked with my father’s number.
Query: While attempting connect digilocker using my mobile number I am getting popup saying “Your Digilocker isn’t linked to Aadhaar yet”. Is it going to take time? or my Signup is having some trouble?
I tried to sign up for an account by paying 200 rupees (for equity). Then i upload all the required documents. Then i e-verify my adhaar and PAN by entering the OTP i received on my mobile. Now the screen shows a payment of Rs 100 for commodity. I uncheck the Commodity checkbox and click on the pay & continue button. It asks for a VPA. So I enter a VPA. Then I click on pay & continue button. It says “invalid amount”. But I don’t want to choose commodity. I thought it was optional to take commodity. Please reply to why i can’t proceed further in account opening without selecting commodity.
After payment of stipulated charges & upload of required documents, on line account opened on 1st Feb20, but no client ID and password have been provided yet.
Hi Swapan, have you also completed the e-sign process?
i have a NREPIS accountwith AXIS BANK and trading & demat accounts with AXISDIRECT.
Now i want to open trading and demat accounts with ZERODHA.
can i map the same NREPIS account of AXISBANK for to zerodha tradinf and demat accounts?
do i need to close the trading and demat accounts of AXISDIRECT or can i continue to hold them too?
please clarify.
Hi Kiran,
Yes, you can open an NRI trading & demat account by linking the Axis Bank PIS account. A PIS permission letter is required for the NRE account.
You cannot have multiple accounts linked to one PIS account. You would have to initiate the closure of the accounts with Axis direct once you open the Zerodha account.
Kindly share your contact details to nridesk[at]zerodha[dot]com so that we can have someone assist you further.
Can I open a demat and trading account with Canada bank in zerodha
I’m afraid not. You’ll need an Indian bank account.
Hi,
While trying to open the account I have put my phone number and my Wife’s PAN card number by mistake, Now when I try to start the account opening process it is not letting me edit the PAN number, I want to open the account with my name and PAN respectively. Can you please reset the process for me.
Zerodha asked me to mandataorily invest in uti master share mf min 100 investment. I have lost a lot of money through that. Are there any other account types where there is no mandatory investment asked by zerodha?
hello, i filled all the forms online and i got a POA, my problem is that do i have to sign in 3rd page where nominee section is given since i dont want any nomination so should i just sign on 3rd page and send it to you?
hi. ..can i upload 6 month passbook entries for income proof or (i have 5 months and 18 days statement will it be ok for income proof)???
the account which i am linking with zeroda ,the bank statement dose not have IFSC code and MICR code printed on it they stamped both the codes on statement will it be ok???
I’m afraid we need a 6-month statement or passbook copy at least.
What is minimum amount needed to maintain in the account to trade in F&O so that it can be verified by Zerodha without any rejection ? (since i m student but still want to trade in F&O although I have DEMAT account on zerodha )
There is no minimum requirement as such.
I am trying to register but it always says date of birth is not matching with PAN number
I already have zerodha trading account with active F&o, currency and commodity segments. Don’t have demat account.
Now I want to open DEMAT account. Want to know the procedure.
Will have someone get in touch with you to help soon.
can I submit another doc in place of Cancelled cheque.
i want to ask if a student want to open account , how will he able to show income proof . , but i am 18+.
If you have a demat account with holdings, you can give the DP holding statement. If not, you can also submit a 6-month bank statement.
Sir
I have 2 bank accounts
One is axis Bank which is opened 4 months ago
Other is indian bank which is opened an year ago
I want to open demat account with my Axis Bank account
For bank proof i can submit the latest bank statement
But for the income proof as 6 months bank statement is mandatory can i submit the indian bank’s 6 month bank statement
Hi,
While sending the nomination form as a courier to your head office, is it mandatory to provide the proof of identity of the person we are nominating.
Hi Jarina,
Sending the proof is optional refer: https://support.zerodha.com/category/account-opening/online-account-opening/articles/how-do-i-add-a-nominee-to-my-zerodha-demat-account
Regards,
sir, when will my account gets activated, i couriered 2 days before, still my demat account has not activated, i can open the zerodha kite aside but any idea when will my account activate??
I have commodities account in Zerodha. I just need to open Demat/ Equities account. While trying to open account it’s just starting with PAN number along with DOB. Once i enter these details it’s throwing an error like “This PAN is already registered with us”.
How can i open online account.
If you already have an account with us, you can’t use the online process. You can download the forms here, sign and courier them to us.
I HAVE A DOUBT KINDLY CLARIFY..
WHILE OPENING ACCOUNT ZERODHA ASKED ME TO ENTER PAN CARD NUMBER AND I ENTERED IT BUT,
THE DISPLAY NAME SHOWS MY FATHER’S NAME AND NOT MY NAME,MY NAME IS NAVEEN KUMAR M BUT ZERODHA DISPLAYS
HI MURALIDHARAN AFTER I ENTER THE PAN CARD NUMBER
DOES IT NORMALLY SHOW THE SURNAME/LAST NAME OR IS IT A PROBLEM..
my account opening was rejected due to wrong image uploaded in cancelled cheque.
Now i want to upload the same unable do that. please help
During process of a/c opening it just asked cash/currency/FNO segment and also commodities. I did not choose commodities. The process did not specifically asked for DEMAT a/c. So I have paid Rs 300/- . Please let me know how to open the demat a/c.
Thanks
In order to trade in the cash market, you’d need a demat account, so a demat account is opened as well. You only need to sign and courier the PoA for the demat account. Log into signup.zerodha.com to download the PoA.
Can I use yono sbi insta savings account with zirodha
It No full kyc
Yes, you can.
Dear sir,
I have submitted document signed successfully what is the next Procedure to open the A/C?
And paid the charges through net banking.
Can I use axis asap bank account with zirodha
It is not full kyc
Yes, you can.
CAN I UPLOAD MY PASSBOOK STATEMENT BY CAPTURING IT.ONLINE DOWNLOADED STATEMENT IS NECCESSORY.
I want to apply offline.Zerodha say photo copy should be self attested.I have to attested from an officer.
I have paid 300 but my aadhar is not linked with my mobile no.I want to apply offline.But I have not personalized cheque can I send my bank statement instead of cancelled check.
Can I use my 10 days old bank account.6 month old account is necessary.
You can use a 10-day old account for opening an account. A 6-month statement is only required as income proof to trade F&O.
Can i use my father’s bank account for opening zerotha account.I have no bank account.
The bank account holder and the trading account holder have to be the same. If you want to open a trading account in your name, you’ll need a bank account.
Hi,
I have paid 500 Rs to open the Zerodha account (online). When I tried to enter the PAN details in the page “Let’s start with your PAN” . Error message as “This pan is already registered with us”. Please advise how to proceed further.
I tried contacting Zerodha help but not much help!
Thanks.
You can go to signup.zerodha.com, click on ‘Forgot password’ and proceed with the account opening.
i have a bank statement from Jul 18 to Jan 19, will it work for F&O activation?
I have account with zerodha since 2015. Recently received communication from zerodha that we have to close our IL&FS demat account (Opened by zerodha) and open a new account with zerodha. I sent all required forms filled before Oct 2018 and my demat account with IL&FS should have been closed within 10 days (as confirmed by ilFS and zerodha support). There was no followup done by zerodha support and ILFS charged me AMC amount for next one year till Nov 2019 which was debited from my account.
I should not be charged for this lapse in process followup and work commitment at zerodha and I Should be refunded the AMC charges debited from my account.
Nitin, Do you mind paying attention here. its a small amount but big for me… Now due to delay at your end, another issue is recently allotted shares having inactive ISIN remained with ILFS demat..
Sir,
I want to open only Commodity account and equity account not required. Is it possible?
Regards,
Bangarappa
1.After opening demat and trading account in zerodha, do we get charged for maintenance of demat account even if we dont to do any trading for one or more years.
2.Is doing trading below 50000 in zerodha free( ie] no maintenace charge for demat account )?
1. If there are no holdings in the demat account, it is automatically converted to a BSDA account and no AMC is charged.
2. If the holding value is less than 50,000, the account is again converted to a BSDA account with 0 AMC. If the value of holdings is above 50k, but below 2lk, the AMC changed would be INR 100.
Explained in more detail here.
Res sir,
I want open demat account ( all ) but .
I have not any proof income , no transaction from 1 year and also not any it returns proof
But I want to have cheque book nd other pan ,adhar, identify proof..
Can I open account ??
Yes, you can, Ganesh. However, without a proof of income, you will not be able to trade F&O or commodities.
i would like to open demat account for my mother. she is 91 year old. for converting physical shares to demat format. i had applied for pan no. for her. i need to process this within a week as SEBI kept deadline for converting physical shares to demat by dec.5th.
kindly help so that i can open this at the earliest.
pan no. will be getting within a week.
also please share your chennai contact address and person name to open an demat a/c.
thanks.
n.venkateswaran
824 844 7185
The deadline was for transferring the physical share certificate and not for the dematerialisation.
Sir, what if MICR code is not printed on my passbook (IFSC code is printed) of Union Bank of India, is it ok to submit passbook copy as Bank proof ?
Please do reply
Thank you for previous replies 🙂
I all process complete for open trading account I get a message FORM PICKED BUT NOT YET VALIDATED
Hi
I wanted to open a account for equities alone. I have pan, aadhar. I am a student. I opened an account in Digibank yesterday. There are no cheques in the bank.
1.Will i be able to open account now.?
2.What should i do for bank statement?
You can take e-statement using internet banking.
Sir,
I want to trade in equity only (intraday)
I have opened a account in Union Bank about 2 weeks ago
I have aadhar card , pan card , bank passbook and photographs (don’t have cancelled cheque, bank statement)
1. Am I able to open demat and trading in zerodha ?
2. Can I upload bank passbook scanned copy as bank proof ?
3. Is it mandatory to courier you cancelled cheque leaf ?
( Or it will be sufficient to courier you photocopy of bank passbook for complying with exchange regulations)
Plz do reply
1. Yes
2. Yes.
3. No, passbook would suffice.
Thanks for your reply Sir
I am not KYC registered
What should I do ?
I will open account through online mode
Just enter your details and proceed. Our online account opening form will guide you through the process. If you’re stuck at any point, a sales executive will call you and help you with the process. 🙂
i have courier commodity account activation forms which have been delivered to you on 13/10/18. kindly check
& activate the same
Hello,
I have a Trading/Demat account with another service provider, and it is a basic plan which does not provide facilities like Charts, bracket order, Cover order..etc., they advised me to change to advanced plan to get the same which is costlier than basic plan., I would like to know whether Zerodha also having such a classifications? , if not, then i would like to open a Trading/Demat account with zerodha. Please explain in detail so that i can decide.
Thanking you,
Regards.
Kamesh.
Hi Kamesh, we have the same pricing structure for all our clients. Our trading platform is available to everybody at no charge.
I have demat account with zerodha. Now i also want to activate commodity account. can this be done online?
Yes, you can log in to signup.zerodha.com and eSign the Commodity account opening forms.
Hello,
I want to know, whether I can update my primary bank account as Digibank (DBS). Digibank will provide Statement online. Do you accept such statements copies, if I send you the printed copy via post?
Yes, if the statement carries Bank logo, account name, account number and IFSC code, we will accept it.
You need to send a signed account modification form along with this.
I am having NRI account with Zerodha since long time. Experince with Zerodha is Fantastic. Very Professional and Co-operative staff specially Mr. Pawan Tripathi. Thank you
SEBI extended NSE derivative segment trading hours till 11:55pm from today(i.e 1st Oct) . But timings havent changed. Why is that so?
While SEBI has approved that trading hours can be extended from Oct 1st, the exchanges are yet to implement the same.
Equity derivatives market will function till 3.30 PM only until further notice.
Hello sir,
I open an account before 1 month but till now your care employ not provide me the authority of sell the share.
Daksh, have you submitted your POA?
Request you to contact Support for further assistance
a canceled cheque is compulsory for opening new A/c
I am not able to open the account in zerodha because system is showing locked sign while opening account
Hi,
I just completed the online process of opening an account with Zerodha. I was charged Rs. 300 as the account opening fee. Does this include the fee for both trading and demat accounts?
can i open demat & trading account in zerodha ? using karnataka bank saving account? what is the requirement documents from karnataka bank? check or statement? pdf or zerox copy? for online account opening? any trouble to fund transfer or withdrawl in karnataka bank? pls answer??
Hi. You can use Karnataka Bank in order to open a Zerodha account. You can, however, make online fund transfers only through UPI/NEFT/IMPS as Karnata Bank does not support payment gateways for direct payments. With UPI, however, this shouldn’t be a concern. In order to open an account online, you’d have to submit either the PDF of your bank statement or a picture of your cheque. Only make sure that whatever document you upload has your name, IFSC and account number clearly visible.
Sir, I am trading in equity & FnO. I want to enable commodity services. Presently I don’t have a cheque book. Will six months bank statement be enough for for starting mcx.
Ramadevi, 6-month bank statement with Name, A/c Number, IFSC and MICR code will suffice as Bank and Income proof.
You can go ahead and complete your application here
Faisal sir, thank you for your quick reply.
Hi, I had opened new account with Zerodha thru online mode by uploading all required KYC documents & signature. Please confirm how these documents are completely safe and cant be misused by anybody. Thank you.
Hi
I paid INR 300 for opening account with Zerodha,however the registration process could not be completed as my Aadhar was not linked to my Account.Now when I login,the option to pay fees is displayed again.Is the fees I already forfeited ?
I want to open account in zerodha with my father’s bank account, is this possible
and im unemployed
during signup on Zerodha, is there two procedure for demat account and trading account
help me to open account
Hello There!!
I would like to open an account here but I’m very new to this and taking baby steps.
Will you please guide me?
Appreciate your guidance in advance.
how to know whether my existing demat account is Basic Service a/c or conventional demat a/c?
All demat accounts that are eligible to be BSDA are BSDA. If your account breaches the limits for BSDA, it is automatically converted to a normal account.
for income proof i tried to upload bank statement in pdf format , but it says ivalid document format !!!
which doc format should i try???
I am not having aadhar card. Is it possible to open the demat account without Aadhar?
Hi,
What are the charges for opening an account of a proprietorship firm. Amc and other charges aswell. If the bank account is new which will be used for transfer of funds but the firm is old and has other bank’s account. The address proof and Id proof will be provided seperately. Which bank account statement do you need.
How much amount need to be paid in advance via cheque?
There’s no initial cheque required to open a Zerodha account Avinash. Only the account opening fee need be paid.
I am a student.
I want to trade in fno through zerodha.
Its been 2 months since i opened my bank account.
I havent filled income tax.
What can i now attach as income proof to trade fno with zerodha?
Thanks.
You can purchase a couple of shares and ask us for the demat account statement. This can be used as a proof of income.
I accidentally made payment of Rs. 300 for opening account(equity and currency), but later i could not give the aadhar details as it is still not issued in my state(ASSAM). i have bank document and address and id proof but not aadhar.
Sir. I want to know that I want to do trading in f and o options trading. I am a student and doing part time teaching job at home. So is there any physical income proof required to open an account in zerodha. I have all the documents like pan card Aadhar etc.. except income proof. I don’t file itr. I don’t have form 16
Is there possiblity to open an account in zerodha. Plz open I want to do trading in options.
i want to do intraday trading on equities,as of now i don have any income proof ,can i still open account on zerodha?
Yes you can. Income proof is only required for trading in F&O.
Hello,
Would like to open an account of my friend. However, got struck with a query.
Wish to understand, Is signature required on a cancel cheque ? and if cheque is not available can i submit bank pass book original without signature.
I want to trade in FNO but I’m unemployed since last 6 months.
So what I have to submit as a income proof. I haven’t filed any IT return till now. What to do next?
If i don’t have cheque, then can i use Bank statement.
Hello sir,
I want to trade in commodities as well . Please let me know what process shall I follow and what charges will I have to pay?
I will be thankful.
Hey Rahul, this is explained here.
I want to open a Demat Account
Where i can check the address that i have used while opening the account
for account opening i dont have account number. my brother have account. can i use his account detail?
I completed my zerodha sign up process but after that i got mail regarding bank statement
The following corrections have to be made in your forms before we can get you to start trading:
Bank Statement/Passbook
Bank name & logo missing on given bank statement. What to do please help me
Hello…
Can I open a trading Ac. in a minors name?
What are the Ac. opening charges and annual charges ?
I have get my Clint I’d but also got an email from zerodha team that your bank statement not show micr code. Now I tell you have 3 bank accounts and non of them no micr code I have physically check all of the branches.Now what can I do for micr code for completing my account in zerodha.plz reply immediately. Thank you.
If you have a cheque, you can submit that. All cheques carry the MICR code.
Can i link Oriental Bank Of Commerce with trading/deemat account to transfer fund
customer care asking for vpin wher is this ??
My Document rejected two times because of sign not available on POA form kindly provide sample copy of POA form where i have to sign. Customer Care not Respond Properly
Sir,
I have my demat account. I want to open my trading account only. So what is the AMC for trading account?
Hey Priyanka, we don’t charge any AMC for the trading account.
Sir,
I have my demat acvount. I have to open my trading account only. So what is the AMC for trading account?
I gave 300rs cheque for account opening. I have a enough balance in bank but somehow cheque was return. I want to know whats the reason for dishonor the cheque. I contact the support zerodha but no reply from support.
This is something you had best check with your bank, Bhavik.
My bank said that, Payee means you zerodha told me the exact reason for dishonour of cheque.
Now what can i do? How i pay you for account opening fee?
You can easily pay online here: https://zerodha.com/pay
I will pay online.
Thank you
I am an NRI. AM I eligible for opening a share trading account with you?
If yes what is the procedure and charges? Do you also offer consultancy?
Regards
Hi,
I opened my account 2 weeks ago and gave my aadhar card as one of documents.
Currently I am staying/working in Pune and as my aadhar card have permanent address( Himachal Pradesh) the same is stored for my zerodha account. Because of this my stamp duty charges are 50rs/day(statewise charges).
Is it possible and how to change my zerodha account address to my current/temporary address which is Pune so that Maharastra stamp duty charges are applicable for me?
Hello,
Is there any minimum balance required to maintain in Zerodha account? Or what do i need to provide Zerodha when opening an account. e.g. 1000,5000,10000
i had opened an demat and trading account yesterday by paying 300 rupees. i also had uploaded my bank statement and signature and verified through the aadhar in online. today i got a mail from ZERODHA team stating that my bank statement was not clear. it needs to be reuploaded again in order to trade in zerodha. Now how can i re-upload my bank statement documents ?
Just go to signup.zerodha.com, login with your registered email and upload again.
maine kal account open karne keliye login kiya aur 300 rs pay kiye., ab muje aadhar card me address aur mobile no change karwana hai, documents collect karne keliye zarodha se koi 4-1-18 ko aane wala hai… magar ab me aadhar me ad change karne ke baad doc submit karna chahta hun to ab kya karu?
i want you to collect my document give contact no of person who collects document
Best write to [email protected].
I am a student with a joint bank account with my mother.I want to trade in F&O.Will 6 months bank account statement be enough as my income proof?
By the way,its an Indian Bank account, is it possible to open account with this?
Should work fine Aditya.
Dear Nithin,
Its good to see CEO of the company replying to all our common queries .Its good to see Bangalore based company is giving such a good support in trading.
I wish to open an account with Zerodha, but have few initial queries:-
1. How zero brokerages in Equity delivery segment works for Zerodha ? when majority of brokers plays with brokerage charges.
2. What one should pay(Account Opening Charges) if i opt for BSDA account and formed printed and filled by us. Details of trading and Demat account opening charges.
3. If KYC non compliant, any KYC charges levied by Zerodha for completing KYC formalities ?
4. Does Zerodha has own DP ? or II &FL.
5. Demat AMC its says Rs 300 per year. In some Rs 400 per year and if BSDC crosses 2 lakhs its says Rs 600 per year in such year.what is the current scenario and charges? i dont need to pay Demat AMC on opening account if i opt for BSDA right.
6. What is DP charges for delivery based equity selling per share at present?
i find 8rs / 13 rs
7. Are there any Charges for Failed Transaction.
What are such transactions ??
8. Does Income proof bank statement 6 months is compulsory for equity segment trading also ? Does Income proof bank details is added to map in new trading account?
or
Can i give my new Saving bank account with cheque for mapping trading account apart from my other Saving Bank Account for Income proof ?
9. I am interested only in equity trading as investor. If i change to derative trading any change in request is needed.
or i can trade both by default except commodities?
10. Does self attestation is enough for KYC or Notary attestation is required as mentioned in your Signature guidelines. Whether inperson verfication compulsory or just we can forward suporting documents or do it Online by signup ?
11. Last question and most common one for formalities !! Any other hidden charges apart from mentioned in website? and any offers for fresher who open first time T &D account in Zerodha 🙂
This questions might answers to all commoners who wants to open T&D account. I feel all queries can be complied and published as FAQ.
Hope my answers get reverted at the earliest.
Thanks in advance.
Regards
Keshavamurthy SR
Hi Nithin,
I was expecting prompt response.
Hope you dint missed my long questionnaire!
1) A majority of our client trade in F&O plus being an online broker our operational overheads are less and hence we can afford to offer 0 brokerage.
2) Rs.300 for equity and Rs.200 for a commodity account.
3) No charges, we’ll do the KYC.
4) We are a DP with CDSL.
5) Check this post.
6) It’s 13.5+taxes.
7) No charges.
8) Income proof is required only for F&O.
9) You can opt for all segments and start trading whenever you choose to.
10) No offers, one deal for all our clients. 🙂
sir ,
i am a student i didn’t have any income proof can i open my tradingaccount
Yes you can Rahul. Income proof is only required for F&O trading.
I want to invest in mutual funds for my son who is a minor. How can I do that here. I want to create an account for him and not invest out of my account for him.
I’m afraid we don’t offer demat accounts for minors yet. Will keep you posted once we start.
Hi,
I would like to open a trading and demat account in my mother or sister’s name and link it with my own bank account. Is it possible to do so on Zerodha?
My mother and sister have valid pancard and aadhar card with them. I notice that for opening and account I need to furnish following details: PAN, Address proof, cancelled cheque, photos. So can I open the above mentioned account by furnishing my mother or sister’s pancard, address proof, photo along with cancelled cheque of my own bank account?
Kindly let me know the details. Thanks !
That wouldn’t be possible. It has to be the account holder’s bank account as per regulations.
Thanks for the prompt reply !
Hi,
I have opened an account with Zerodha. Is there a minimum amount of fund that I need to include for my account to get activated?
Nothing as such Divya. You can transfer whatever amount you are comfortable with whenever you’re comfortable doing it.
Please help me with the following queries.
1) I already have a TD account with zerodha but did not get fno and currency segment activated. As per comments on zconnect i need to send segment addition page and 6 month bank statement to get this activated right?
2) Will a print of downloaded 6 month bank statement from bank’s online portal will be okay or does it need to be signed and stamped by the bank?
3) I would also like to open a commodity account. Can the same be done online using e-sign as i am kyc and ipv verified. If so, please inform me the procedure regarding the same?
4) If not possible online, please inform me the offline procedure and documents required? and ipv will be needed to be done again?
5) Also, please inform the time it takes for segment addition and opening commodity account?
please reply!!!
A bank statement will do as long as it has the bank logo. Self-attest the document though. You can go to signup.zerodha.com and open a commodity account. When you’re done with the process, you’ll receive an ECN declaration. Courier it along with your segment addition form (since you’re anyway sending the courier) to activate commodity trading. The commodity account isn’t activated until you send a physical ECN declaration.
i signed up for opening an account yesterday but there is some correction needed on my part regarding invalid document that i uploaded. I need to upload 6 month bank statement how can i do so.
second thing, is P.O.A compulsory for demat and if yes then what is the address on which i have to send those documents. Is there any online process for this or courier is only option.
You can log in at signup.zerodha.com and upload the required proof. I’m afraid PoA has to be couriered. You won’t be able to sell shares you purchase for delivery until you send this. Check out zerodha.com/contact for our head office address to send the courier.
I want to open account , but i paid 500/- for account opening now i decided to have only trading account.is it possible to have equity only ? @nithin
Can you write to support[at]zerodha.com with your registered contact details? Your sales manager should be able to help you with this.
I am new to the trading thing. I want to open trading & demat account with Zerodha. But I want all the transactions to be taken placed in separate saving account. So I opened an online saving account in Kotak811 recently. I dont have chequebook or past six months’ statement for proof. I can give my salary slip as my income proof. If neccessary, i can give statements of my salary account also. Is there any scope, i could get my account opened with you with Kotak Saving account??
Or is there any scope that, i could change my bank details after opening my account? If yes, then what will the procedure??
Hi,
My mother holds some share certificates and now she wants to sell those share.
Please advise how to proceed? I am a Zerodha customer. Can those shares be transferred to my demat account?
Hey Vaishnavi, it’ll be easier to open a demat account in your mother’s name and dematerialise them to that account. Check out this post on Trading Q&A.
I am very new to Zerodha who just completed my online account filling process at Zerodha. I need to send the pre filled forms now to the Bangalore office. Can you please give me an A to Z elaborate list regarding proper filling of the downloaded forms ( as in what documents are required and how many copies, who needs to attest, if self attesting everything would do). I downloaded both the forms, equity as well as commodity. How do I proceed after that?
Hey Kaustav. I hope your sales manager called you up and helped you out with this?
Hy,
I have opened my account in Zerodha, and I have to send my POA and CNC documents to Bangalore. I got the POA document but I can’t find out THE OTHER ONE. So will u please help me me to finish the final step. Thank you.
sir , kya demat account ke liye cheque jaroori h ya without cheque bhi account open ho sakta h
aur bank account mai kitna minimum balance hona jaroori h pls reply
I had made the online payment of the commodity account opening charges. On 07.11.2017, an executive from Noida Sales office came to collect the form and documents. I was also told to only sign and leave the form blank. Now on 14.11.2017 I am coming to know that email id entered by them is wrong. It has been one week and account still not opened.
Mobile Number – 8586981172
Vinod, will have someone from our team get in touch with you.
Hi, I had submitted documents for account opening on 31st Oct 17, one document was required by your team which was sent on the same day i.e., in 1st November and I got a mail on 2nd Nov stating that your verification is clear and account will get activated within a day. After that there is no update on the account till 11th November. Your executive Chennakeshav had told that my account is activated on 6th itself and told to check the mail and spam mail so that ID will be sent (conversation was on 8th Nov) after that I called on 9th again now he was telling that some Franking issue it is getting delayed. If you people have Franking issue give the form to me I will get it done within half an hour. Franking is necessary for POA to DP right meanwhile you can open trading and commodity and send me the login credentials. I have been creating tickets in support and even sent mail to Nithin also but there is no response.
So, there is no point in following it with you since we have so many options in the market I have decided to move to other broker. Please refund my account opening fees of ₹500, since I had taken the printout of application return it to me at least the xerox copies. I am ready to pay for xerox fees.
Since you have lost the trust how can park my money with you without any support or response from you people. I understand that it will not matter for you guys if one account gets canceled where you will get lakhs of accounts.
Please refund my money asap.
For new account I have sent all documents including bank passbook statement , cancelled cheque and 6 month bank statement.
On cancelled cheque IFSC AND MICR is given but MICR is not available on passbook statement . Bank manager is
saying that we provide MICR only on cheque book not on passbook . For this reason zerodha sales manager (Venkata Sai Kumar mob-9538912020) is not opening my account . supportzerodha via sales manager giving same excuse.
Kindly check it as my family members have account with zerodha with same bank but there is no issue in opening their accounts.
Hi. If the cheque has the MICR and IFSC, there should be no issue in opening the account. Please email your contact details to social[at]zerodha.com and we’ll take action.
Hi,
I already have a trading account with Zerodha, Now I want a Demat account as well with Zerodha,
Please tell me the procedure and fees involved,
Also let me know the documents I need to provide.
Is this process can be achieved online ???
Best regards
Junaid
Junaid, you cannot open just a demat account online. You can download the demat application form under the profile section of Q. The demat account opening charge will be Rs 100 and no documents are required.
Hi,
I Already have trading account. But did not trade for past 1.5 years. Today when I placed the order it said Client is not registered for any exchange. Raised ticket with Zerodha Support. They are asking to resend the Demat opening forms and after they receive those forms they will take 24-48 hours. I am sure my account was opened and active till 2015 Dec. Then why asking again.
My ID is DS4105 and DP ID is 12081600.
Nithin, Need your urgent attention.
Shounak, we’ll have our team check this and get in touch with you.
It has been more than 15 days since I have applied for my new account. documents are all send to ur office. Till now I have got no response from your team. The person I contacted megha jyothi kept on saying it is in processing since last 10 days . Can you guys please look into it and tell me when ur going to opened my account.
Sanjiv, you will receive your login details tonight. 🙂
Hi,
I have uploaded my bank statement for the verification of my account number, IFSC and MICR codes. But the statement is password protected as received from my bank (Password is my 12 digit account number). There is no way I can mention the password details while uploading the document at your website.
Kindly let me know how I can provide these details to your team who would be reviewing the documents. Also, I assume that they would contact me to get the password details and would not directly reject the application.
Regards,
Pravin
Pravin, our team will get in touch with you.
I have submitted a kyc for account opening and the bank statement which I have uploaded is password protected ,so please if u need password contact me and don’t reject my application .
Regards
Ankush
hello sir
i linked icici bank account for my tradind account. it is new account. i havn’t 6 month statement for income proof. but i have another corporation bank account. i have 2 year statement in corporation bank.can i submit that account for income proof
Yes, you can. You can send it to [email protected].
Sir, Recently i had opened a demat account in Zerodha, but i want to convert my account into BSDA.
while opening an account i mistakenly put a tick mark on conventional demat ccount instead of BSDA.
sir guide me how to convert my account into BSDA. is there any charge for converting?
Is there any difference in brokerage charge between BSDA and regular demat account?
Souvik, check this post.
Hello Team,
I already have an account with zerodha and now i am looking forward to start trading in F&O too. Do i need to send my salary slip proof in physical form or can be emailed?
Apoorva, you can email the latest salary slip to [email protected] and F&O will be enabled in one working day.
ok. just the latest salary slip or last 3 months? Thank you in advance.
Apoorva, latest month’s salary slip will do.
Today i have got a mail saying that IPV is not done properly so how can i do re ipv
Hey Jai Prakash, you can redo you IPV here. Make sure that the images captured clear.
Hey Jai Prakash, you can redo you IPV here. Make sure that the images captured are clear.
Re IPV is done…..now how much time it will take to activate my account
Assuming everything is in order, you should receive your login details in the next couple of days. You can contact our support desk for more.
Hi Nithin/Zerodha Team,
Thank you for doing an outstanding work. Just a small query:-
1) While opening an account, I saw a Sell(Debit) Charges as Rs 8+ 5.5(CDSL Charges) for Market Trades.
2) While opening/converting it into BSDA Account, I got a new Sheet stating the Transaction Charges for Sell(Debit) as Rs 25+5.5(CDSL Charges).
Why this discrepancy? So, that means small investors cannot benefit from BSDA account? Waiting for your reply.
Thanks
Hi Amit,
The DP charges for the BSDA account will also be charged the same as regular clients.
Will have this checked and changed on the BSDA account sheet.
Thanks Team ?
Hello Nithin,
Could you help me with the procedure to apply for IPO in zerodha account( DS5917).
You can’t do it within Zerodha as we are a bank. But check this https://tradingqna.com/t/how-to-apply-for-ipo-using-hdfc-bank/13240
Hi Nithin
Can the POA document be picked up? Are there any charges for that?
Regards
Prateek
Prateek, I’m afraid not. You will have to courier it to us.
hello,
i just had opened demat account online and scheduled an pickup for documents proof i have just one query regarding 6 months account statement as i have linked my account with zerodhar which is an new account .so can i share my another savings accounts statement which is old one.
Yes, you can share another banks 6 month statement.
Hi Nithin, I will try to visit your chennai branch. If not possible, if I fill up address change form, print and post it to your Bangalore HQ along with Original LL Tel Bill along with probably Pan copy. Will that be ok to change my address ?
Yes that will work.
Oh! That’s a welcome reply.
I have submitted all details online with 300 rs charges and I downloaded PI and nominee for myself and couriered to Banglore office by paying 100/ then it became 400rs charges for me.
please explain it how it is.
Ah if you couriered, there was no need of additional 100. You can send an email to [email protected], we will refund this to your trading ledger after account opening.
Hi Nithin,
Same here with me… I have paid Rs.300 while opening the account, and had to spend an additional Rs.150 to courier the POA and nomination to your office. I am sending an email as suggested by you for reimbursement of the courier charges.
Thanks,
Siji
As above mentioned list of bank…
Some banks are not listed there example Canara bank etc..
So how can these bank transfer funds to zerodha account..
You can do this by NEFT/RTGS/IMPS. Check this: https://zerodha.com/fund-transfer
HELLO, I FILLED THE FORM LAST NIGHT AND SELECTED DOORSTEP PICK UP I HVE MY BANK STATEMENT AND ALL OTHER DOCS. BT , I WANT OPEN ONLY COMMODITY ACCOUNT WITH MARGINE BASE, SO
DO I NEED TO PRINT EQUITY FORM ALSO,?
AND HOW TO CHANGE PICK UP DATE IF MAY NOT BE AVAILAIBLE ON THAT DATE?
To trade commodity, equity form not required.
Hi Nithin, I want to change my correspondence/permanent address. I will produce LL Tel Bill. No other change in my account. Do I need to submit photo also ? For DP address change I can visit Chennai office and change there. Can you send me change of address form ? Is there any IPV needed ?
Change of address form is here: https://zerodha.com/resources. You can visit the Chennai office with your original landline and a copy. Submit the forms there.
For address proof:
Recently I changed my house .My all documents like voter id ,pan card have old address .
I have recent phone bill having latest address but it is registered on my fathers name. can I use it as address proof ?
I can give my ration card copy to prove family relationship .
Will it be considered as my address proof ?
No fathers name can’t be used for yours. You can give old address, nothing gets couriered to that. Once you have new, u can update.
Yesterday I opened account using Aadhar card.
Now which documents do I need to courier for demat + trading account ?
Is it necessary to send that account opening form (of 20 pages) ? or just need to send POA & eca form ?
& when will I get the Credentials for login & Software to use ?
Just the POA and ECN form.
Hi I am actually a bit confused please help.
I am a student,having a new bank account month old at PNB ,yet to receive my debit card to do net banking hopefully this or next week I will get it ,as per the bank.I have check book and pass book,other than that have PAN,AADHAR,Voter ID( spelling mistake in name on Voter ID so cant use i guess).
I would have proceeded to open the account using AADHAR but just know I understood about KYC.So I can’t
Q1) If I open my trading + demat at zerodha using standard method, do my KYC will be done by you people as I understand as per SEBI we need KYC to deal with securities.Or I do it separately?
The equity form have a KYC part,but in instructions its written
” If your PAN is not verified or rejected, you should either send us an original/notarized* address proof”
Cant I use a self attested photocopy of PAN ?
Q2) Now for the account using standard registration ,the documents needed is self attested photocopy of PAN (got it) and for address proof can I give a self attested photocopy of AADHAR card I just don’t want to go for the gazetted dude sounds complicated,or what other options do I have? Bills are not in my name.Though I have my bank pass book do the photo copy of the first page where address is mentioned will be enough?
Q3) What checks I have to issue for demat + trading account,and what amount ?
Thank you
1. yes self attested works.
2. yeah front page and one page with latest transactions.
3. Rs 300 if you are printing and sending the forms.
Thank you so much for such a fast reply
Sir, can we access Demat and Trading account with one login at zerodha? How i can access the zerodha Demat account? I am very confuse between Demat and trading account in zerodha.I have paid 300 rs one cheque for account opening at zerodha. Can i get both trading and demat account with 300 rs? How i know that which is trading and which is demat account?
Yes you would have gotten both trading and demat account. Yes it is one login for both. Visit kite.zerodha.com, you can login and see all your demat stocks by clicking on holdings. Check this video playlist.
I don’t know anything about share market,new to this .. I am interested in opening an account for trading purposes.. Is it compulsary to have/open demat account? If yes ,can I open demat account later (with zerodha)?
kindly reply
Rajesh, suggest you to start reading here: https://zerodha.com/varsity/
I want to open an account dmat + trading.. want to know can i add DBS Digibank saving account as a primary account for fund transfer? Because they claimed them self.. digital bank with no paper work.. what proofs i have to submit to use that account as primary or secondary…?
Digibank account without full KYC can’t be accepted yet.
Sir, Thanks for the reply..
I am talking about ADHAAR enabled biometric verified digibank account..
1- Is it not a fully KYC bank account?
2- If not then what are the things I needed to full KYC..
Thanks again..
Yeah, that account will do.
Thanks sir,
I was asking.. Bcoz they don’t provide cheque book.. & no physical pass book.. so to link digibank account with trading account.. what informations are needed….?
Thanks again..
You will need to still get a proof of the bank account from them. Maybe send them a request to give a bank statement with IFSC and your account number on it.
Thanks a lot..
Is there zerodha payment gateway for DBS Bank? It is the best bank around.
Hi,
I am a student, want to get an insight of how things work here. I am opening a demat account, what are the charges applicable other than the Rs. 300/- debited during the opening of account? Is there any minimum number of transactions that I have to make in a year/ is there a minimum balance which I need to maintain?
Hi,
If I proceed with this link:
https://zerodha.com/open-account
and pay Rs.300 online and courier docs like pan and aadhar, what type of account will it open with Zerodha? Will it be a demat? or trading? or a 2 in 1 demat + trading?
Trading and demat, 2 in 1.
Thank you for such a prompt response!
Hello,
I have opened an online account with Zerodha yesterday evening using Aadhar. I am yet to get the login credentials. Please let me know when will I get the same in my registered e-mail Id.
Anand, you should get it by tomorrow evening.
Nithin, I am yet to receive the login credentials. I have also opened a ticket in Zerodha Support Centre.
can I use my bank statement instead of the canceled cheque?
can I use the same bank statement for income proof?
Yes, bank statement with IFSC code on it. Yes 6 months statement can be used as income proof.
cancelled cheque is compulsary ? can i submit any other document for account confirmation ?
Bank statement with IFSC code on it.
self attestation is valid or i must do it from Gazetted officer or a Notary Public ?
can i provide banks pass book copy having stamp , ifsc ,account no and photograph on it as a account proof ?
Yes, originals preferred.
Self attestation is enough.
My user id is – RH1861.
I had courier the application along with personalized cancelled cheque to change primary bank account details.The forms have reached you as i got confirmation email from support@zerodha. Its been over a week now but my bank acc. details still not have been updated. Kindly check and do the needful.
Hello Zerodha staff,
I registered for Zerodha account at the website on 23/8/17, made the payment of Rs 500 towards account opening charges, and scheduled a document pick up for 3PM today(25/8/17). Called up Zerodha support yesterday to re-confirm the document pick up schedule. The support executive enquired if someone had called me regarding the pick up. When I said I didn’t receive any calls he informed me that someone will be calling me today and picking up my documents at 3PM. Neither did I receive any call today from Zerodha nor was the documents picked up. Tried calling Zerodha support 3 times during the day and waited for 20-30 minutes each time but couldn’t speak to the executive as the line was busy. I also tried to contact Zerodha Kochi support office later in the evening over phone but couldn’t connect as the number was ‘temporarily out of service’. I had great excitement while opening this account but the account opening experience itself has been disappointing so far. Not sure whom to contact to get my documents picked up.
Regards
Rohith Mohan
I want to open the trading & Demat account.
-Started filling the detail for online opening the account (4 days back)
-Erroneously some wrong detail was entered.
– there is no option to correct that.
– Data was reset from your back end but option was not coming to correct the Aadhar no.
– I was told that your representative will come and will do the formality for opening the account. due to some technical issue for resting the complete data
-No one came for that. When I contacted your branch office I was told that field team will contact me but no one called back.
– Your system does not allow to create another user ID by using either of the mail ID or Mobile no.
Due to all the above issues I am unable to open my account.
As complete data is not reset from the system so alternately can my user ID be deleted from the system so that I can fill the details by creating ID again(with same credentials) to complete the accounting formalities.
Also pls confirm that will the cancelled cheque be suffice (as it will fulfil your requirement of verifying the IFSC code & account no.) instead of bank account statement.
Regards
Rajender
Hi Rajender,
Sorry for the trouble, I’ll get Shashank, your sales manager to give you a call and help you out with the account opening. Alternatively, you can reach him on 9540872020.
For opening a new account,
1. Do I need to send a copy of Demat PoA?
2. Do I need to provide my client id on it?
3. Do I need witness signatures?
4. Do I need to send it by courier or can I email a scanned copy?
1. Yes.
2. No, we’ll fill it after it’s generated.
3. Yes, you can get 1 witness signature.
4. Hardcopy through courier.
Hi Nithin,
I already have a trading account with Zerodha (CDS, NFO segments enabled), and want to enable Commodities too. I have downloaded and printed the pre-filled Commodity trading form available on my profile page in Q. I have the following questions :
1. Do I need to attach a passport size photograph in page 3, or just need to sign the various sections ?
2. Do I have to pay any additional fee for enabling the Commodity trading facility ? If yes, what is the amount ?
3. I am guessing the completed document should be couriered to “153/154, 4th Cross, 4th Phase, JP Nagar, Dollars Colony, Opp. Clarence School, Bangalore – 560078” ?
rgds,
Sandip
1. You can attach a photograph and sign the form.
2. Additional fee will be Rs. 200
3. Yes.
Hi, recently i opened a BSDA account with IIFL, now i don’t want to continue with IIFL. is it possible to transfer from IIFL to ZERODHA as a same BSDA account, if yes, what is process to transfer. otherwise what i have to do to open ZERODHA.
Thanking you in advance.
You can’t move the same account, you will have to open a new account with us.
i want to change my bank account details. if i email scanned copy of personalised cancelled cheque, then would this be enough or i have to courier the cheque?
Hello Nithin,
If I am a Demat account holder, Can I do trading on equities and commodities also using the same account ?
You’ll have to open a commodity account to trade commodities apart from the trading & demat account. You’d not require a demat account to trade commodities.
You’ll get the same client ID to trade in equities as well as commodities. Check here for more.
A demat account is used to hold equity shares. You don’t need a demat for trading commodities at Zerodha.
Hi,
I have a trading account with you and want to open Demat now.
I’ve already downloaded 8 pages prefilled formed from my Q backoffice.
Now —
1) What additional documents I have to enclosed with this form?
2) Which document I have to enclosed as “Proof of Identity” for nominee? Is PAN / Bank Statement of nominee sufficient?
3) Any Opening Fee etc. — How to Pay?
If you already have a trading account with us, no additional document or fees. Just sign and courier us.
Hello ,
I have a trading account with Zerodha, now I have to open Demat account, I have downloaded the Demat prefilled form and Customer care executive asked to me to sign and courier the same to office with some closure letter , I over heard the name on that document .
Could some one help me with the document name and where it is available.
IL&FS closure letter is required if you had opened a demat account with them when you started with us more than 3 years back. Otherwise, no closure letter.
Hi Nitin,
I have been a zerodha customer for the past one year.
Recently i wanted to open an account for my mother. I did the latest AADHAR option on the site
1. eSigned the KYC (via aadhar option ) and got the acknowledgement doc
2. Uploaded all documents ( signature, bank, PAN card )
3. The representative has also collected the signed documents.
However i got a mail that the date of birth doesn’t match.
To verify i went to the Income Tax site and verified the PAN Number against the date of birth and it matches.
Isn’t AADHAR and PAN verification valid source of authentication data?
It has been almost 2 weeks that this is going back and forth.
Kindly intervene and also apprise the people concerned about the problems faced by customer because as per the site it is
“Open your account instantly with AADHAAR”
You have a wonderful platform. do let these things make the customer go away
thanks
raghu
Thanks Raghu for pointing, having this checked.
Hey! I want to know if i can start currency trading with Zerodha! Can i start with a small amount like for example Rs.5,000 to Rs.10,000??? I am a student currently with an interest in currency fluctuation. My main purpose is to learn how things work out in currencies(forex).
But being a student i currently have no income except what my parents give me!! So can i produce my icici bank statement of 6 months as an income proof even if it only has transactions or balance ranging from a few hundred to say Rs. 15,000 to 25,000 currently! Also on a side note, if i’m allowed to trade with a smaller amount on starting and that i am able convert a profit. So, can i withdraw my payments or will there be hiccups on Zerodha’s part!!!
Another question!!! Do you allow Custom Demo Trading? I mean if i don’t want to start demo trading with a huge amount but want to start like i would start a Real account trading. Can i do so?
Thanks!!!
Mujeeb K
Mujeeb, 6 months bank statement works as long as there is some income on it (interest etc). Yes you can trade currencies that trade on Indian exchanges. Suggest you to go through: https://zerodha.com/varsity/
Hi,
I have just opened an account (trading only). I registered using Aadhaar esign.
Uploaded a days statement for ifsc and micr code.
Now at the end of all this, it is asking me to courier the DEMAT POA and Nomination forms.
1) Where is the address that I’ve to courier these forms?
2) Do i need the 2 witness name + signatures on the both the forms or are they optional?
1. Our HQ, address here: https://zerodha.com/contact
2. Optional
Hi there,
Is there Annual maintenance charges from you?
Rs 300/year for demat. Nothing for trading and commodity.
hi sir iam working in dubai and recently i opened nri account in icici bank and i want to do online trading so can you please explain me the proceger how to open account and how much money need to deposit to trade please tell me sir thank you
Check this post.
Hi,
I have submitted details online and requested for door pick up of documents.
i have paid 300 online for equity trading, do i need pay any more amount?.
I am serving in Army, I have copy of Form 16, latest payslip, Aadhaar copy, IT Return copy, but not cheque, copy of passbook updated will be sufficient?
I gave details of my and my wife’s joint account, is there any problem? Pls guide me sir, my door pick up schedule is 31 Jul at 0900hrs.
Thanks and regards,
E Ramesh, Karur (TN)
If your copy of passbook has IFSC code, that is enough.
Thanks sir for your prompt reply,
Hi,
I have submitted details online and requested for door pick up of documents.
i have paid 300 online for equity trading, do i need pay any more amount for trading account.
And how much time it will required to open account? can i use same account for demat?
do i need to open demat account open separately.
please suggest,
regards,
Uday
No need to pay anymore. From the time it reaches our office, around 2 days. You would be opening trading and demat together.
Hi , my bank give me simple print of statement without any stamp or signature Or logo. What is the alternative?
Hmm.. you can ask them to stamp that. It is a normal practice.
What are the doc’s required for demat for minor.
Got this msg on social media..
Zerodha requested big broking house for funding, they shorted BNF big time. Plz confirm from Ur sources also. Zeroda prop is closed for further trading but old BNF shorts are still there.
There was a news in ET recently where Sebi/exchanges issue a notice saying from 1st of June or July brokers cannot use clients money to fund other clients.Plz chk dates. But they have duly signed POA of every Account holder to use their stocks and money fraudulently. So guys be careful while choosing your brokers specially if they have prop desk.
Pls avoid such brokers to be on safer side
Is this true? What is prop desk?
I had answered this earlier
This is a joke. These kinda things keep getting put out there by competitors.
July 1st the new SEBI surveillance things come into play, this helps us more than anyone else. Most of the traditional brokers will get hurt (people who have been offering margin funding and all). We are super excited by the opportunity that will open up in July.
I want to have a trading+demat a/c.Which form i have to fill up.
I received 2 attachment (zerodha comodity & zerodha trading+demat) .
Or the “open an account” option in zerodha’s official website.
Thank you
If you have an AADHAR and KYC compliant, online open an account is the best. You can open an account instantly. If not, you can sign and send the Zerodha trading+demat.
i am student 19 years old i don”t have any income proof and also my bank a/c new i mean 10 days old what should i provide for income proof i don”t have 6 months bank traction
Hmm.. some kind of income proof is necessary. Otherwise you can’t trade F&O.
I’ve just opened the Equity Trading and Demat account with you. Suppose If I don’t purchase any delivery based share throughout the year, will I still be charge for Rs 300 AMC at the end of financial year??
No, account will automatically become BSDA and there won’t be any AMC charge.
What If I already have a BSDA Demat account with other broker?
Only one BSDA allowed.
Nithin,
I know only one BSDA account allowed. But that was not mine question. Mine question is:
I already have a BSDA Demat account with another broker. Now I had open a Trading + Demat account with Zerodha as well. For Zerodha Demat Account AMC is Rs 300/- as mentioned on your website, but suppose If I won’t purchase any delivery based share throughout the year, then Zerodha still charge me Rs 300/- AMC or NOT?
Yes, AMC @ Rs.300+GST will be charged on the demat account.
Hi,
I want to open a trading account in Zerodha and link my ICICI SB account and ICICI Demat account. Let me know the process. Also mandatorily do I need to open the Demat account with Zerodha?
https://zerodha.com/open-account go through this – it will take your through the whole low. Demat is required if you want to buy and sell stocks with us. IF you link ICICI demat, you will be able to only buy and not sell.
So Trading & Demat account will be from Zerodha and I need to link my savings bank account to it, right?
Yes.
Hello,
How can i remove my existing ICICI Bank account from Zerodha trading as well as my Demat account and add HDFC bank account?
Thanks & Regards,
Pralhad
Since you are changing your primary, you will need to send us a written request along with a cancelled cheque of your HDFC account.
Sir,
Started a partnership firm having main objective of investment & trading in shares recently…so i have a bank account opened recently … We want to trade in futures & options as well as do investment in shares…So what all the documents u need …
PARTNESHIP DEED is available with us
PAN CARD is available with us
BANK STATEMENTS opened last month so 1 month statement avail;able with us.
IS IT ENOUGH TO OPEN AC FOR TRADING IN ZERODHA AS WELL AS FOR INVESTMENT IN SHARES
Check this post, explains for partnerships.
Thanks for the prompt reply Nitin,
My question for Proof of income only option available with us is Networth of CA.
Firm has started this month only … then on which date networth should be given .If it is current date say today then partner capital & bank balance would be there … would it be sufficient …
if no, what option available .
Yes networth certificate is fine of today.
Dear Nitin,
I have changed my signature as it was in my PAN card. will it be an issue?
Yes. You will have to give any other document where the signature can be matched.
I don’t have cheque book right now…..can I do account opening with bank account statement….??
Yes, needs to have IFSC/MICR on the statement.
Hi,
I don’t have a Demat & account, So I want to know is that “Do you open Demat & Trading Account both at the same time with Rs 300 accounting opening charges or is there separate charges for both and also time required to open both account.
We open both at same time.
Hi,
I have some doubts regarding starting an account with you guys. I am new to stock market and wish learn about it a bit more. When i started to register myself some confusion arise. Zerodha says that my PAN card is not KYC verified. I got my pan card just some weeks ago. How should i do KYC verification of PAN card? Is linking PAN with my bank account enough to be KYC compliant?
Also i haven’t asked my bank to issue me a cheque book. Is a cancelled cheque necessary. Since i dont have a cheque book currently, can zerodha take its cut/fee through debit card.
KYC verification would happen when you open your first trading and demat account. You can give a bank statement with IFSC code mentioned on it as proof.
Hi ,
I am investing for first time and my KYC is not done. Please tell if KYC process will also be carried by you or if i should get it done by third party?
It will be done by us.
passport
Hi,
I have filled up the online form. Now I will take a print out of it.
If I send the following documents is it sufficient ?
POI – Photocopy of PAN (self – attested )
POA – Photocopy of Voter ID (self – attested)
Photocopy of last year ITR acknowledgement (self – attested )
Cancelled cheque
Nomination – Photocopy of my wife’s Voter ID/Aadhar (self – attested by my wife)
Or
Some from Zerodha needs to come to my place and verify the documents and collect the form along with the documents ?? Please let me know.
If you are already KRA verified, you can courier. Otherwise someone from our team will come meet you up. You can email [email protected] with your contact
HI,
I have certain queries regarding Trading and demat account opening.
1. Do you have any office of Zerodha in Kolkata where I can directly go, take help regarding the form fill up and submit the form as well as the payment cheque and get the documents verified.
2. Is there any facility to pick up the account opening related docs from my home?
3, If I need to send the form to your Bangalore office, in that case I need to send the form by courier or speed post?
4. For the Address proof of the nominee is the self attested aadhaar card of the nominee sufficient?
1. Yes we have a few offices in Kolkata, check this: https://zerodha.com/contact
2. yes, we can
3. You can send by either.
4. Yes
Hi,
Can you please tell me about the following sections in the account opening form
1. Power of Attorney
2. Running account Authorization
How these 2 documents are going to be utilized.
Though the document says – voluntary, but sales manager is insisting on signing these 2 documents.
He says if I do not sign the document then for every purchase/ sell i have to visit branch office or make specific request to execute it. Is this correct?
Regards,
Prashant
Prashant, check this post for POA query. Yes, it is almost impossible to allow trading completely online without these two documents.
Hi, Can I use passport as address proof? And secondly, I don’t have aadhar card(It’s misplaced), is there any other alternative to this?
Yes address proof as passport is good. Aaadhar is required if you want to digitally sign the account opening form. You just need to know the number, no need of the card.
Hi Sir,
I just registered myself in Zerodha and I’m done with the payment of 300 rupees as well. I have also uploaded bank account and signature scanned copy.
Now, I have to submit the POA form only. One of your executive asked me to submit the form and then transfer rupees 5000 for the first time. I asked him if I can transfer less amount or not, he refused saying the zero balance account will not be activated if I don’t transfer full 5000 rupees into my zerodha account. He told that this is only for the first time and I can transfer any amount later on.
Could you please let me know if this is mandatory to transfer 5000 rupees for the first time.
Thanks,
Deepak
Not mandatory to transfer Rs 5000 deepak. Seems like an over zealous sales guy, will find out.
Dear Zerodha,
I already have a equity trading a/c with Zerodha. Now I want to trade Future and Options. Will I have to open a new trading a/c or will it be enabled in my present trading a/c. If it could be enabled in my present Trading a/c then what is the procedure. Please reply.
Ashok K. E.
It will be enabled in the current account itself. SEnd us a copy of segment addition form fromm here: https://zerodha.com/resources, along with an income proof (mentioned above) .
sir, mere paas cheque book nahi hai funds add or withdrawl karne mai problem to nahi hogi agar hogi to koi dusra option ho to suggest kare
Rishab,
You can provide a bank statement to map the bank account. You could transfer funds via NEFT/RTGS & IMPS if internet banking facility has been enabled on your account.
Shouldn’t be any issues to transfer/withdraw money from your trading account. Check this link for more details.
Hi,
I have filled Trading and Demat Form Online and Paid 300rs Online….
I have uploaded Bank acc. Statement and Signature while filling the form…(E-signed the form)
But when i downloaded the filled Form at last Only Half page of Signature is showing..half signature is missing…..
What needs to be done in this case….Since i hv E-signed the form dont know whether Half signature is Signed or Complete sign…
Hi Ankit,
Can you please send an email to [email protected] with the signed attachment that shows only the half-signature.
We’ll have this checked.
I want to open an account for MCX segment. Can I submit “Oriental Bank Of Commerce ” bank statement as an address proof and income proof and Can I link HDFC bank ( New one, Opened with in a month ) account to the trading account?
Yes you can.
Dear sir, I have the acknowledgement copy of pan card , the original copy is yet to come in few days so can i open demat+trading account with acknowledgement copy of pan card.
Adi, You’ll have to provide us with the PAN card. It wouldn’t be possible to open your account with the PAN acknowledgement copy.
Mr Nitin Kamath has, in several earlier posts under this category, confirmed that once KYC requirements are complied, the process need not be repeated for account opening.
I (together with my son G Vignesh as the second applicant) submitted application for opening joint T+D account. The account opening process got delayed (yet to be opened at this point of time) as undergoing a fresh KYC process was insisted upon. I have submitted all the required documents, but I have put this on Z connect to flag the following issue:
Whether a Joint Account of two individuals who are already KYC compliant, requires to under a fresh KYC process just because they want to open account in their joint names. My understanding and representation is that (1) maximum number of Three individuals who are already KYC compliant, can open a Joint T+D account (2) that account will not fall under the “Non Individual” category and (3) a fresh KYC compliance is not required for account opening.
Kindly verify and confirm.
Hi Jayasri,
Having this checked. It’s not required if both holders are KYC compliant.
I want to trade in F&O but i don’t have a source of income currently. Is there any alternative (such as net worth requirement) to trade in F&O?
You can give your 6 months bank statement.
Dear Nitin,
What should be the minimum net worth for F&O?
Thanks in advance.
Nothing as such.
Sir
I want open an account with Zerodha,but have not cheque book.i mean i cant send cancelled cheque.
there is any alternative of cancelled cheque ?cancelled cheque is compulsory?
You can send a bank account statement with account# and IFSC mentioned on it.
Hii Nithin,
Thanks for your prompt reply to my last query.
i just opened a TD account with zerodha and got login credentials for kite and Q on April 22. Support from your sales team agent was great throughout the process but now the agent keeps insisting that i have to transfer Rs. 5000 mandatory for account to be activated even after i informed him about your comments regarding the same on z-connect. Is it really mandatory to transfer the money ? Please look into it.
Hi!
I am very eager towards opening an Trading + Demat account with you. I tried multiple times to request cheque book for my SBI savings account, but always an error popped up saying “Cheque Book not available for this account”. I currently don’t have an Income proof either. So, I was wondering whether the first page of the passbook will work as an alternative to cancelled cheque or not?
PS: My Aadhaar card is not KYC registered either!
Yeah passbook will do (make sure it has IFSC number on it). If not, you will need a bank statement.
can i open just a trading account as i have a Demat with SBI
Yes, you can. However, the Power of Attorney for this demat account would stay with SBI and as such, though you’d be able to buy shares through Zerodha, you wouldn’t be able to sell them. Selling will have to happen through SBI and the charges applicable for such trades with SBI will be applicable.
Dear Sir,
I have Dp with sharekhan,can i trade (Intraday-Not delivery) with zerodha ?
if yes what documents i have to produce I have already Fno and Comodity trading a/c with Zerodha.
only my sharekhan dp id Number if i send to you it will link with same sharekhan dp id?
is there any AMc will effect from zerodha, once link?
Rgds
jayeshtailor
hi Folks!
Where do i check my demat account number? I received a mail from CDSL for using their portal for checking, but they are asking for a 12 digit demat number? Thanks.
I want to change bank details
Sir, I have opened an account with Zerodha through online using my adhaar number to esign the form. After that I received mail from digio. They had attached my esigned form for reference. But I didn’t received any client ID from Zerodha. It’s been 20 hrs since I registered online for opening account. Is it because of weekend that my request has not been processed?
You should have received, can you send an email to [email protected] with all details.
I have mentioned my following details:
Name,mail id, pan, payment id, phone number.
Is that enough or should I have to mention some other specific details?
Oh it’s done.. I received my client ID. Thanks.
Maine zerodha equity mai account open karwaea hai. But abi trading nhi ki. Mujhe zerodha se phone ayea k 5000 rs fund add kro nhi to apka account deactivate ho jayega. ..ye kya policy hai apka?
No policy like that hardeep, you can trade whenever you want.
Hi Nithin,
I have a couple of questions.
1.For income proof, will a statement from any bank account in my name suffice? Or should it be only from the bank i am linking to Zerodha?
My salary gets credited to HDFC bank account. But i am going to link my IndusInd bank account with Zerodha. Will that be okay?
2. My current signature doesn’t match with the one on my PAN card. Kindly clarify if some other proof can be used for signature. If yes, please elaborate on the proof that will be accepted.
Regards,
Adithyaa
1. Any account should do.
2. You could give us a copy of your passport.
Hi Venu,
Cheers on the prompt reply.
The thing is my passport also carries my old signature.
I can provide a letter from my bank verifying my signature. Will that do?
Or i could submit a self declaration saying that i have changed my signature.
Regards,
Adithyaa
The letter from the bank will do.
Cool! Thanks.
how much time it take to open account with adhar card and what is fees to open new account online of only trading and trading +demat account what is amc for both . i have to send the documents by post or not and what about power of attoney and its charges
If your KYC is already registered, you can open account online instantly. Gets enabled by next day. Yes the demat POA is required for you to sell stocks, but you can do everything else. Rs 300 account opening and Rs 300 as AMC.
hi,
Can I file IPO with Zeroda Demat account ?
Not within Zerodha trading, but you can use your bank account and use Zerodha DP ID. Check this.
Hi,
What is the AMC for T+D+C account?
Also how much is it for just T+D account?
Rs 300 in both the cases.
Sir, yesterday I opened an account with you through your adhar digital sign facility. I have got my ID too. but till now I have not received password to access my account. How much days it requires to get the password?
Prathamesh, since we have just gone live with this process, it is taking a little longer. Ideally we should do it in a day.
A lot of praise to you and your team for such a quick reply. Thats why you are called the number one tycoon of Discount brokers in India. Eager to get my password and start long term relation with you.
Cheers.
Hello Nitin,
Thank you for your response. I just became a part of Zerodha now and have access to Kite for trading. However, when i went to add fund, the bank is not getting listed for which i have submitted documents to link my trading account with the given bank. When contacted to sales person, he informed that my bank (Canara Bank) is not a part of the banks with which Zerodha is associated. Now how do i solve this? While verifying itself , if the team would have informed that this bank is not supported than i would have added another bank. Now, adding another bank would require sending all documents related to that bank. How the account became active without linking bank with the trading account? The sales team has sent a account number of Zerodha and asked to transfer money on that asking that it would be credited to my trading account but this is not a feasible way every time. Rather, while withdrawing , how zerodha will know to which account it should deposit – it would again require me to give details of my account, which is not at all a clean way. i would rather like to have my account associated with this so whenever i can i can add/withdraw from that bank account rather doing a NEFT/IMPS to Zerodha account and doing follow up while withdrawing the amount.
Kindly advice ASAP!
Ajit, to add another bank account, just email [email protected] with screenshot of a personalized cheque of your other account. It will happen by end of day. You can also transfer from your registered bank using IMPS/NEFT, when you withdraw, the money will go back to your primary bank account registered with us.
So, in this case – 1) I should do IMPS from my registered bank i.e. CANARA BANK?
2) While withdrawing, the amount will be credited back to CANARA BANK which is registered with ZERODHA regardless the fact that CANARA bank is not associated with ZERODHA?
In this same context, would like to know if we can IMPS from different bank also?
Yes you can transfer from other bank once it is mapped to the trading account (email us soft copy of your cheque). Withdrawal will always be done to the primary bank, in your case canara bank.
1. Yes
2. Yes
Thank you for your response!
From when I can open my account with aadhaar card ?
next week.
Will you still charge account opening and demat account opening fees if I’m opening account with AADHAAR ?
Hi Nithin,
So, i wanted to open an account with Zerodha and i followed the steps to it. I have completed filling the form, took a print out, signed and couriered along with the following documents. Pan card, Last 3 months salary slip, Aadhar card for permanent address, Bank passbook for linking bank account (As i don’t have cheque book & also as said by the sales team who interacted) and Flat maintenance bill for correspondence address (It was mentioned in Zerodha website dropdown in Upload section that Flat maintenance bill is accepted as correspondence proof). Now, i got a call from a representative who says that, they cannot accept flat maintenance bill as correspondence address and they would like to consider my bank passbook as a proof (bank passbook also contains my correspondence address) which i am fine with but to proceed with this they are asking my latest bank statement.
Now, i would like to know -1) How address verification is linked with account statement?
2) When it is mentioned that flat maintenance bill will be accepted, than why it is not now? Flat maintenance bill clearly has my name,flat no. and address. The sales team calls up and says that as the bank passbook address is similar to your correspondence address, so we cannot consider this. I am sorry but i don’t understand this. To open a bank account, we need to submit local address proof and that is what would be there in bank passbook.
3) If at all i need to submit the bank statement, can you assure me that it is safe sharing my bank statement?
Kindly let me know as i would be more confident in what you speak up!
1. We don’t really send a physical document to the address.
2. Flat maintenance can’t be accepted, SEBI doesn’t allow us.
3. Absolutely safe.
Hello Sir/Maam,
I have opened a Zerodha account few days back and transferred Rs 1000 initially. As i am a beginner, i don’t want to take risk. I also started trading with this amount that i initially transferred. I have been told that to completely activate the account one needs to transfer Rs 5000 to the account. Can you please elaborate as to is it mandatory to transfer Rs 5000 to completely activate the account?
Thanks and Regards,
Mayur
Mayur, you are not required to transfer Rs 5000, it is an over zealous sales agent. Please tell him that you interacted with me and I said not needed if he calls you next.
Hi Nitin,
Thank you very much for the quick response.
Have a great day ahead!
Regards,
Mayur
Sir I have filled the forms to open account with Zerodha, payments have already been made. I need to just send the form through courier. I had few doubts while filling
1. One of the page asks for witnesses sign I am only account holder do I still need witnesses to sign
2. When asks for copy of ID proof and address proof document with originals or notarised. Please advise on this as well.
1. Leave the witness field blank
2. You can take a xerox copy and sign on it.
Thank you
Hi NItin,
How do we know, that client is KYC compliant or not. is that client need to check with bank ? (Because sometimes client doesn’t know whether he has got KYC compliant account or not)
You have mentioned, unfortunately still one document to be sent if account is opened via Aadhar, which document to be sent.
Also when this account opening via Aadhar will be starting ? I feel, this will be huge change in industry in terms of digitization platform and so far nobody has started yet. Ideally I would think, should be 100% digitization and one should not required to send any document via courier.
https://www.cvlkra.com/ , click on KYC inquiry. POA document which is attached with demat has to be couriered. Aadhar we just opened our first account, from next week we should be online.
Hello,
I just opened my Zerodha account and transferred Rs. 1000 on 15th Feb, 2017. However, the current margin available shown is -10.35 on 16th Feb, 2017. I haven’t even started trading. Can you please elaborate as to why the amount is deducted from account?
Hi Mayur. This is the payment gateway charge being debited. The payment gateway used to transfer funds to your trading account charges Rs. 9 + service tax per transfer, which is Rs. 10.35.
I opened my account recently on this discounted trading platform to save money on trade commission charges , moving from sbi securities. I did observe same deduction after my first transfer. I wanted to know if this is one time change or every time I move-in move-out money this will be debit 🙁 of course sales guys did not explain this before to me. I did check this my friend who is a volume trader @zerodha could not explain. I never paid such a charge on sbi securites.
Thanks
Arvind
Hey Arvind, I believe you’re referring to payment gateway charge of Rs. 9 + GST. This is clearly mentioned on the payment gateway page where you transfer funds to the trading account. Check out https://zerodha.com/fund-transfer for more payment options. Since SBI sec and SBI bank are closely tied, there is no charge for moving money.
i already have an account with only equity and cds enabled. now i also want commodity segment enabled. while opening account the first time i signed on all the columns. should i print and send the form again for enabling commodity segment?
There is a separate commodity form. Login to q.zerodha.com go to profile and download from the link to commodity form.
Hi Nithin,
When account opening via AADHAAR card option will be available ? I want to open an equity trading with Zerodha.
For KYC compliant clients, it should start by next weekend. Unfortunately there will still be one document which will need to be signed and sent.
Any update Nithin ? Because it’s not live yet 🙁
By tuesday it should be up.
Okay… Thanks 🙂
Hi Nithin,
First of all I would like to apologizes to you if I’m rude or something but please tell us if sign in with AADHAAR feature is not ready yet… After doing little research I found you and your team constantly shifting dates forward. It’s okay if that project taking more time than expected but you should tell the truth.
Anyway, When you are expecting it to be live ?
Again I will apologizes to you.
Raj, extremely sorry about this. We are hitting upon multiple roadblocks. We have opened our first account already using aadhar, should open up to everyone today/tomm.
Okay.. Thank you for your reply 🙂
Have a nice day
How to open with Aadhar? send me Link
https://zerodha.com/open-account, go through this process, the final step is to sign using AADHAR
SIR I WANT TO OPEN A TRADING ACCOUNT EXCEPT FOR COMMODITY AND DEMAT ACCOUNT. PLZ CLARIFY THE CHARGES FOR OPENING AND WHERE TO COURIER THE DOCUMENTS AND IN HOW MUCH TIME IT WILL BE READY TO TRADE.
ONE MORE PROBLEM IS THAT MY FATHER IS IN ARMY, WE WILL IN ARMY FLAT THE ADDRESS PROOF CAN BE MADE IN MY FATHERS NAME BUT I HAVE A DEPENDENT CARD OF ARMY. HOW TO PROCEED PLZ GUIDE SIR
Arjun, if you print and send the form, it will Rs 200 account opening fees. You can click here: https://zerodha.com/open-account. Doesn’t your bank statement have your address?
it has but my old address, if u dont send any documents there then i can give but if u will it will be loss for me
We send no physical documents, everything is online.
THEN I WILL PROVIDE U WITH MY OLD ADDRESS.
ALSO IM A STUDENT DO I NEED TO SUBMIT SALARY SLIPS ALSO NOT PROVIDING THIS WILL IT RESTRICT ME TRADING IN F&O.
Yeah for trading F&O income proof is required (6 months bank statement would do)
even if i dont have any earning merely 6mnths photocopy of bank statement will allow me to trade in f&o
Ah no, you need to have some earning.
For trading in F&O, Income proof is still required or not?
Hello Sir,
I am very new to trading and any thing i know about trading is only through online videos, but i am very interested in Day trading . Please advise if there is any minum amount in our accoun to open Trading and Demat account with ZERODHA and also advise if there will be any support given initially from you people on how to day trade.
No minimum. We run a very popular educational initiative http://zerodha.com/varsity/
My pan card has no photo bcz I have applied it when I was minor so can I open account with that pan card
Yeah you can, you will have to give us some other photo ID proof.
can i send 6 months bank statement as income proof it’s enough to trade in the F&O segment ?
Yes, that is enough.
Hello Nithin,
Hope you find time to address this.
I referred a person to open account with Zerodha. He got document from sales.
The sales manager from Zerodha asked to send photo copy of Pan card and some other document to make sure address is filled correctly as electricity bill has slightly more address detail than passport.
The sales team refused to accept PAN card as the photo on it is faded as PAN card was issued in 2003.
The PAN card was not provided as identity or address proof and yet not sure why photo on PAN card is important.
My understanding is PAN number is used to verify name and not photo identity.
Can you shed some light on this aspect.
Also sales manager told me that the referral is linked by phone number so in case of me changing my phone number to the one of referred person (my spouse) will break referral link.
As I my self is software professional, I don’t think your technical team has used such a poor logic to create referral link.
Please also clarify on this point.
Thanks & Regards,
You are right Heman, our account opening team I guess spoke to you already. When you enter a referral, you enter a mobile/email. As long as this matches when , the new account is mapped to the person who referred. If both don’t match, there is no way for us to know who has referred the person.
Hello,
I want to open demat and trading account in Equity and F&O. Currently I am in South Africa, I can provide all documents (Scan Copies only including check). Please let me know if you can open account for me.
Regards,
Ashutosh
Ashutosh, you will have to send us a courier of the forms. Scan copies won’t do.
when will digio aadhar starting
Ah, some teething issues.
what is lifetime account. is it necessary to deposit 5000 rs in equity and 5000 in commodity acc. please guide
There is no lifetime account. Not necessary to deposit minimum Rs 5000.
I want to open trading account with zerodha. i have an existing savings a/c in karnataka bank. I will be opening demat a/c also there in a few days. Can i link my savings account and demat account of karnataka bank with trading account of zerodha. If possible, will i get any issues in future in maintaining trading a/c and demat a/c in different places?
Pls mail the trading a/c opening form to my mail.
It is best to open both trading and demat with us. If you link KTK bank demat, you will be able to buy through us, but you will have to sell using KTK bank trading account.
hii
i am exist client of Zerodha with id DC0160. i want to open an MCX Account but don’t know nothing about MCX and NCDEX. my Query is-
1- MCX and NCDEX both offer same commodity for trading like BSE and NSE ?
2- Zerodha offer both Exchange MCX and NCDEX or only MCX.
3- if only MCX then how can i trade commodities available on NCDEX. any plan to offer NCDEX in future.
We offer only MCX, all active traded commodities are on MCX. No plans to offer NCDEX any time soon. Btw, if you are looking to learn about commodities trading, check the module on Varsity. http://zerodha.com/varsity/
Dear Sir
I have equity and F&O account with zerodha for last more than 8 months, I’m content with the service of zerodha, and i want to explore more trading field like commodity. kindly tell me how can i open commodity account with zerodha. will i have to fill the form with all the documents? please let me know.
Thanx
Vikas
Vikas, go to Q.zerodha.com go to profile. You will see prefilled commodity forms there. Print, sign and send it to us. No need to attach any docs.
hello,
how much your AMC charge for open demat and trading account ? Is there any other hidden charge ?
All charges are here: https://zerodha.com/charges. AMC is Rs 300.
Sir,
One more question….
I have no cheque copy of my SBI account. I can give you photocopy of my bank account copy and bank statement. Sir please reply….
I need some help…
Thanks sir
Yes this will work, but we will need copy of the PAN.
Sir , I own my new Pan card. I received my Pan number but does not received Pan card. They say it took 15 to 20 days.But I give its photocopy to you after I received it because it take time.
And I have my all documents but only Pan number. And I will send it after receiving.
Can I open account through zerodha….
Thanks sir….
Vikash, I am guessing you are not already KYC compliant, in which case you need to give an attested copy of your PAN. Not possible to open an account otherwise.
hi, Sir,
Im a CFA Level 1st Candidate From Mangalore. I need Demat and Futures trading account for my live project practices. Pls Help me How can i open Account Without Income Proof. But still i have Bank account statements with Last 3 Years transaction, It enough right. Please clarify
Yes, bank statement is enough. You can fill your details here to open account: https://zerodha.com/open-account
Want to Open a Zerodha Account
Name in PAN: HARIKUMAR NETRAL
Name in Address Proof: Hari Netral
Name in Bank (Cheque Leaf): Hari Netral
Any problems in opening the account?
No problems, you can send the documents for account opening.
What is the income proof letter needs to be submitted for farmers to open Zerodha account?
If the account holder wants to trade in the Derivative segment, he/she could submit a copy of 6 months bank statement.
Dear sir,
I am a student and I want to open a trading account with zerodha so can you tell me the document required for student to open a trading account with zerodha.
Documents required are already mentioned in the above blogpost.
I just open an account here online, I fill all the details and paid 500.
but I didn’t receive any mail or massage from your side….
second thing…if I want to upload my documents online rather than courier than How can I do that ?
Arjun, currently you will have to courier all documents to us. Can you send your contact details to [email protected], someone will call you back on this asap.
Ohk Nithin,
Thanks for your reply,
but the money which I am going to invest in share market stuck some where else for 6 months thats why I decide to start this all after 6 months…..so it is possible to refund my paid money ? (Rs.500)
Arjun, You can come back later and submit the forms whenever you wish to get your account opened.
Hi,
I already have a Demat account with ICICI bank. Can I just open Trading account with Zerodha and connect it to ICICI demat account? Also, can I do only delivery trading with this? Please clarify.
No, you will have to open both a trading and demat account with us. If you link ICICI demat, you will be able to only buy stocks with us, you will have to then sell using ICICI.
sir my form has varified on friday, now how much time it would take?
thank you.
I am unemployed. I Just recently activated my bank account(1week ago), so don’t have bank statement and income proof also. I have PAN, Address proof, cancelled cheque, can I open an account in Zerodha to trade in equities and equities margins only.
regards,
Dinesh.
Yes for equities and equities margin, no income proof is required.
Hi,
I’ve middle name. But your online account opening form asks only for first and last name so is it okay for me to put the middle name also on the first name field or should I leave it blank ?
Yes, first name and middle name can come in the first name column and last name in the last name column.
I had i conversation with one of the zerodha support personnel and he told me that a only PAN, address proof, photographs and income proof is required for opening an account. However, he never mentioned about a cancelled cheque. So it is actually mandatory. Can i give my passbook photocopy to substitute the cancelled chque?
Yes, passbook photocopy should be okay as long as it shows an IFSC code.
i want to open my zerodha account in online. if i was completed my application process. canceled cheque are required or not? and after completed my application process in online. after process tell me.
Rajesh, currently you will have to print the form, attach all documents, sign the form, send cancelled cheque to us to open account.
Hello Nithin,
I am a Commerce student who is interested in investing in equities and not in commodities and F&O.
As of now, I have no income
I have a savings account with Dena bank and wish to open a trading and demat account with Zerodha.
Following is a set of my queries:
1. How much is the minimum amount i have to deposit other than the mentioned charges
2. Can the amount be transferred using a payment gateway.
3. When will the account be activated
4. Are there any charges to transfer the profits back to my savings account
5. I am unclear on the documents that I’d have to furnish
Eagerly waiting
1. There’s no minimum
2. Yes
3. Within 2 days of you having sent us the proper documents
4. No
5. Suggest you leave your number here: https://zerodha.com/open-account one of our Sales managers will call and provide you all the information.
I want to open trading and demat a/cs
please advise me.
Can you send your contact details to [email protected] or you can click on open an account on our website.
i Have my saving account can i open an trading account with zerodha hope you will answere my question
I want to open an account on my wife’s name. She is a housewife and I have following documents as a proof:
1. PAN card on her new name (name after marriage)
2. IDBI passbook for address proof on her new name (name after marriage) which is opened 1 month back
3. Aadhar card for address proof but it is on her old name i.e. name before marriage
3. Cancelled cheque of IDBI bank
4. Bank of Maharashtra statement But this is on her old name i.e. name before marriage
5. Marriage certificate
6. Photo graphs
Also she is a house wife so she does not have a fixed income.
Can I open account with zerodha on her name ? Please guide.
Yes you can Prashant. Income proof is required only for F&O trading, you can show 6 months statement for that.
Hi,
I’m interested in opening a Trading and Demat account only with Zerodha. I’m already KYC Compliant : https://www.cvlkra.com – checked here.
Please note : My correspondence and permanent addresses are same.
I’ve no interest in trading Futures & Options or Commodities.
So, What documents I need to provide :
1. Do I still need to provide bank account statement ( and attest it ? )
2. Do I need to provide electricity bill as address proof .( I can get a e-copy and print out the same as I’ve opted for e-bill only bill not anymore sent to my address ).
Please list all of the documents I need to send to zerodha. Moreover I would really like zerodha to send me the printed forms after paying online. I want to open an account with least possible printed papers to support the go green initiative wherever possible.
If you are already KYC compliant and information is the same, just sign the form, and send it to us. No need of any proofs. Also no need of income proof/bank statement if you don’t intend to trade F&O. You can choose the priority option when filling up the form. Our team will send the courier of the forms to you.
I have recently opened a demat / trading account with Zerodha. However till now i have not transferred any funds into the Zerodha Trading account. I plan to start off with the same sometime during the start of next year. I hope that shouldn’t be a challenge with Zerodha.
Please let me know.
Nopes, will not be a challenge.
i Have my saving account can i open an trading account with zerodha
which type of account is required demat ,current or saving bank account to open a trading account with zerodha
You need to have a savings bank account, you can open trading and demat with Zerodha.
i Have my saving account can i open an trading account with zerodha
I am living secunderabad. I want open demat account and have all necessary document. Anybody come physically to my home to collect document?
Yes, they can. You can send an email to [email protected]
Hi Nithin,
Can i use second holder as a nominee for my demat account?
Yes, you can, but it doesn’t really make logic to do so. Upon expiry of one of the holders, the securities are anyways transmitted to the surviving holder.
Hi, I have an NRI account with Axis bank. MY PAN details and KYC already registered. I found from the Zerodha that PAN card and Address Proof is not required if already KYC compliant. Please advise what others documents required for the account opening. Is there any way to send all these documents through email from overseas or need to send only hard copies through post? Thanks.
Would you be opening an account with the residential status as NRI or resident? If it’s a resident account, then we’ll only need your bank proof (personal cancelled check leaf) & an Income proof to allow you to trade in the F&O segment.
Hi, Thank for your reply. Actually I am living in Singapore and overseas info/address already registered in my KYC. Would you please suggest which would be best way to open this type of account and documents required? I prefer to trade in equity, currency and commodities segments. Thanks.
As I said earlier, it would depend on what your current residential status is. If your current residential status is that of a resident, you’ve to open a resident account. If you want the address to be updated in the KYC records, we can do it for which you’ll have to send us a modify request KYC form, along with the relevant address proofs.
Account opening charges are really high. 600 rs. for equity and commodities (including printed form courier). I am a student and dont feel like paying too much for account opening, There is upstox, which is not charging even a rupee, also the AMC is 0, Its just that i am in love Zerodha’s tools and website. That’s why opened the account by paying 300 rs. (out of my savings), for equity , but didnt pay for commodities and forms. as they would have costed me 300 bucks more. Also AMC is rs. 300. I am just a student , trying to learn how stock market works, i dont earn much.
Got infatuated towards zerodha, after seeing the website, the simplicity and so subtly layout. but i guess its just meant for regular traders and not the ones like me.
Anyways Thanks.
Hi..I was an NRI for 6 years. Now I am returning to India, and hence will change my status to “Resident”. However, I will still continue my employment from the foreign country, they have allowed me to work from home. If I want to open a trading account as a resident Indian, can I still provide the proof of employment from a foreign Institution? As I understand from this article, I can alternatively show a proof of net worth. What’s the minimum limit of net worth below which one won’t be allowed to trade in FnO and commodities? In case of the proof of net worth, can I not show that I am employed by a foreign institution?
Thanks
Yes you can open a normal resident account. You could just give us a pay slip for one month or bank statement for 6months as income proof. No minimum networth or income requirement.
Hi, I want to open an account with Zerodha. So I’ve some doubts in my mind. Please answer them :
1. ” To get your account opened at Zerodha, you are required to courier us the Account opening forms. We would request you to give us your original documents like land line telephone bills, electricity bills, bank statements etc. as your proof of address. In case you are providing us your Passport/Driver’s license or any such document, we would appreciate if you could get such document notarized or signed by a gazetted officer. ”
There’s nothing said about AAdhar card so If I send a self attested photo/xerox copy of AAdhar card will this be counted an an valid address proof or do I need to sign the xerox copy by a gazetted officer still ?
2. I’ve more than an year old BSNL telephone bills ( discontinued the service ). BSNL bill address and AAdhar card address is same. Can I send one year old BSNL landline bill’s original copy as address proof ?
Self attested copy of aadhar card works as an address proof. Having the post above edited.
my bank statement is not older then 3 months , I want to trade currency pairs ,is it possible?(
also commodities
Hussain, you can give any other income proof – there are a bunch of other options in the post above.
hi sir,
1) i already have a demat trading account account with karvy does it mean i am already a kyc done person and what is the account opening opening process?
2) i am a student and i have no regular income. the amount i want to invest is from my father. so am i eligable to open a account?
3) as i said earlier i have no income. will my 6 months bank statements are valid or not?
4)as i mentioned in 1 above i already have a demat account so can i open another one with you?
5) no of cheques needed if i am eligable to open a account?
thank you.
1. Yes, you would be already KYC done. You will need to send us an account opening form with documents self attested. No IPV/KYC will be required if your address proof is the same as before.
2. Yep, no issues. We don’t check the source of funds.
3. 6 months is valid.
4. Yes you can.
5. 1 cheque is enough.
Iam Filling Commodity trading form and want to know about last two page which is about Central KYC Registry, i have to paste photo on that with sign across it.
Yes Vicky.
By opening Zerodha still I want to open demat account??? M totally new
Yes you have to open demat. You can send an email to [email protected]
Hi, iam going thru ur commodity trading account and want to know if it is compulsory for signing Voluntary Annexure document. iF my balance is lying in ur commodity account, will it be used by ur staff for purchasing commodity without my consent. All day are not trading day so if some day iam not trading, my balance should not be used by ur side for buying some commodities.
One more thing iam using bank statement as address proof which i get from my bank branch with stamp on it. it is compulsory to get attested from Gazetted officer.
Heena, of course not. We will never take a trade unless you have placed it on your own. Bank statement with stamp on it is good enough, no need for it to be attested.
I have filled the form online and made payment for equity as well as commodity online but I have few questions:
1) As read in the previous comment if I am KYC registered ( through demat account in hdfc securities which I opened last year ) I won’t need to get attested my PAN card copy and address proof ( self attest will be enough). I checked in https://www.cvlkra.com/.
2) I have chosen option for courier me printed forms for 100 /- does that mean I won’t need to print form and it will be provided from zerodha by courier.
3) For the proof of Income I have 6 month HDFC bank statement generated through netbanking (savings account ). Will it be enough or if not from where can I get my demat holding statements. Please guide me…
1) Yes, not required.
2) Yes, we’ll courier you the forms.
3) Yes, only the 6 month bank statement will suffice.
How many days it usually takes until I receive my forms through courier? Just asking as I want to open my account as soon as possible.I live in Raipur, Chhattisgarh.
Shouldn’t take more than 3 – 4 working days.
Sir i want to open both dmat and trading account my queries are
1. Dont have cheque book. Would 6 month bank statement suffice ? Generated Through netbanking.
2.total time taken to open both trading and d mat accounts.
3. Self attested copies of pan card as address proof is okay?
4. My account is with PNB…is OKAY?
1. Netbanking statement won’t work, you will have to get one from the bank. Or print the statement that bank emails.
2. If everything is in place 2 to 3 days.
3. PAN card doesn’t have address. Your bank statement will be enough.
4. Yes
Why u need attestation from gazetted officer on aadhar card or bank passbook for address proof. Self attestation on this document should be OK. Let me know if self attestation on this document is OK or not so that I can send u my commodity trading application form.
Fazal, if you are a client who is already KYC done, no attestation required. You can check out if you are or not by clicking on the KYC inquiry link here: https://www.cvlkra.com/. IF you have opened another trading/Demat/MF account anywhere in the last 5 years, you are most likely compliant.
Hi, I am trying to get 6 month bank statement from my bank for showing income proof for commodity trading account but due to money exchange work at bank, it will take time, just want to know is there any format for self declaration for income proof. I have seen other broker providing self declaration income proof form with thr company symbol, so zerodha is also having such form
Fazal, exchanges have asked us to stop accepting self declarations. You can send us one of the other proofs, your demat holding statements, ITR, form 16, etc.
Hi,
I would like to open a new account with you, Demat Account Annual Maintenance Charges (AMC) will not applicable for new account holders right at Zerodha for the first year?, Is this correct?,
Shall we get some basic training on how to buy/sell shares on your trading platform’s?
Please confirm. Thanks.
There is an AMC of Rs 300 collected at the end of first year. Our sales team will run you through a proper demo. You can also check the user manual here: https://kite.trade//docs/kite/
Dear Sir
I have completed online account opening forms & printed completed forms of trading demat and commodity demat. i have paid opening charges by net banking. Please tell me how many documents are required to send with forms and self attested photocopies of pan, voter id, income proof will work or not?
Yes, that will work along with your photo. Can you speak to your sales manager also.
Sir,
Is it possible to convert a stock trading and demat individual accounts into a joint accounts?
Trading is not possible. Demat yeah.
Hi Nithin,
My account has been opened and i have received my user id and password and in kite it is showing that in euqity and commodity margin available 0 earlier it was showing segment not available.
My bank account is not listed in add funds as it is not supported by zerodha.
Please confirm what is the minimum account to start the trading in equity and commodity that i can neft or rtgs or IMPS.
Regards
Nitesh Kumar
Nitesh, you can do IMPS/NEFT/RTGS. No minimum amount as such.
Hello Sir,
I am a student and i want to open a trading and demat account ( no F&O, no commodity).Can u tell the documents and fee required for that and the complete procedure.
Rahul, it is explained in detail in the blogpost above.
Hi, I’m Rohan.
I recently registered on your site.
I recently graduated from college, I have secured a job, but its is going to be two to three months before my training starts (in the company). So for the time being I am neither a student nor an employee.
1)So what do I put my status as ?
2)Right now I have no annual income , and my net worth is less than a lac, but that is going to change in coming 2-4 months, so what do I enter ?
3)What is included in Utility bills ? Currently, my permanent address and correspondence address is same, but it may change in 2-4 months. I am staying at my parents house, can I give original electricity bill of my house (parents) for proof of address (permanent and correspondence)? I am asking this because I don’t want to do Notary.
4)I don’t want to trade in F&O, so is it necessary to provide proof of income (Currently I have no income) ?
5)What are the exact documents needed for my case (please mention original and photocopy)? Do I need to courier my original pan card ?
6)I entered my net worth as below 1 lac, but in the form the annual income >25 lac is ticked for some reason and the net worth is black line.Is this normal, What do I do ?
7) Do I have to take color printout of the form or is B&W okay ?
Thank You.
I forgot to say, I have an IDBI bank account, and Adhar card too.
1. You can enter ur current status
2. u can mention <1lk
3. Address proof will have to be in your name, you can give your original bank statement.
4. Not required.
5. PAN photocopy, original bank statement, 2 photos, 1 cancelled cheque
6. You can change it after printing the form.
7. B&W is okay.
Thank you for replying.
By original bank statement, do you mean the one we generate on the banks online portal and print it ?
And secondly, I haven’t been getting email notification, like for this reply of yours there was no email notification.
Surprising why you didn’t get email notification, can you check your spam.
Best if you can get the original with bank seal. If a bank couriers you the statement, that will also do.
I checked, there is no email.
Btw, I get my bank statement in the email every month. Will that do ?
Yep, you can color print them and send.
i want to open demat account online. what is charges and what documents i have to attached with it.i want invest only in Equity and i don’t have cheque book.
Shailendra, completely online is not yet possible. If you are already KYC compliant, you can print, sign and send the docs. IF you aren’t our team can visit and pick up the docs from you. If you don’t have a cheque book, you can attach a statement.
Hello sir,
I want to open trading and demat account for trading into equity only, so for this i need to send cancelled bank cheque leaves , but in my cheque my name is not printed only my account no. Printed, can i send this?
Or anything else in place of cancelled bank cheque leave?
Thank you..
Send your bank statement along with cancelled cheque leaf.
Hello Nithin,
Is the account opening still not completely online process? (I mean do we need to send the documents – PAN, Address prof, income certificate and cancelled check in form of hard copies via couries?) i read somewhere that it would be completely online if I have Aadhaar number with me?
Also, is cancelled check required is anyone wants to trade in Equity only?
It is unfortunately not completely online, even AAdhar onboarding we haven’t gotten complete approval. Cheque is required as proof of your bank account, you can also give us bank statement instead.
Thanks a lot Nithin.
sir, i have union bank account . how shall i withdrawal balance from dmat a/c to my bank account.
Funds are in your trading account. You’ll have to place withdrawal requests from: https://q.zerodha.com/funds/display/
sir, i sent hard copy of application .it has verified howmany time you take to activate dmat & trading account .
Takes around 3 working days.
sir , please do fast process for account activation.
If the forms are in place, the account opening typically takes a maximum of 2 working days.
sir, form received and varified on monday (17-10) but it is not activate. only have received z pin.
Hi,
I understood that AMC charges for demat account will be Rs.300 and my doubt that, is there any maintanace charges for trading account and commodity account? and is there any charges for ideal (not using) the trading and demat account for years and when will the accounts be automatically cancelled if i am not promptly or frequently using Zerodha after creating the all trading accounts?
No AMC for trading and commodity. Account will go to inactive status after 6 months (not if you hold shares in your demat), but you can activate it quite easily.
new demat account ko open hone main kitna time lag jata hai ??????
Around 3 working days if all documents are proper
Payment link is not working!!!
hello team zerodha,
im a school teacher, I also want to open demat account,
I dont have cheque book, so how could i proceed
even one of your representative called me once but after that no one is attending me
pls support…
You can provide a letter from your banker confirming details of your bank account on the banks letterhead. This should suffice as bank proof.
My permanent address and correspondence address is different, i leave in a pg..
So what can i provide for correspondence address?
Thank you..
We don’t send you any hard copies of correspondences, so you can let your permanent address proof be your correspondence as well.
Today I submitted the forms to your representative. I was asked to pay charges of Rs 600. Payment is done using Cheque in Name of Zerodha. Have I been overcharged ?.
These are accounts opening charges. You haven’t been overcharged.
currently i hav an demat/trading with capstocks. if i open a trading account with u by linking my existing demat, at the time of selling equity delivery, will i need to pay brokerage to capstocks ??
If they charge you for delivery trades, then yes, you’ll have to pay delivery brokerage. Delivery trades are free at Zerodha.
When i will have to pay annual maintenance charge for trading and demat account, at the time of opening account OR at the year end..?
At the end of the year.
I don’t have UIID mailed aadhar card. Is e-aadhar card is enough for address proof? I checked with UIID portal they said e-aadhar card is valid address and identity proof. Whats zerodha stand on this?
e-aadhar suffices as proof of address. Please take a printout and attest it.