{"id":376705,"date":"2024-04-23T17:36:39","date_gmt":"2024-04-23T12:06:39","guid":{"rendered":"https:\/\/zerodha.com\/z-connect\/?p=376705"},"modified":"2026-02-27T16:44:47","modified_gmt":"2026-02-27T11:14:47","slug":"account-opening-now-free-under-the-age-of-25","status":"publish","type":"post","link":"https:\/\/zerodha.com\/z-connect\/business-updates\/account-opening-now-free-under-the-age-of-25","title":{"rendered":"Account opening now free under the age of 25"},"content":{"rendered":"<p style=\"text-align: center;\"><strong>Update: Account opening is free for all resident individual accounts from June 29th, 2024.<\/strong><\/p>\n<p>Despite all the headline numbers about Indian markets growing, we\u2019re still quite small. Compared to the pre-pandemic base, we\u2019ve grown tremendously, but there are still just about 9 crore unique investors in India (out of 140 crore people). Thanks to the bull market in the last 4 years, capital markets are more mainstream than ever, but we need more Indians to invest.<\/p>\n<p>One important data point that we track internally is the percentage of young users entering the markets. While it\u2019s hard to figure this out at an industry level, only ~15% of Zerodha customers are under the age of 25. In our 13-year journey, we\u2019ve done a bunch of things to make it easy for young and new investors to start trading:<\/p>\n<ul>\n<li>Great platforms and tools for people new to the markets.<\/li>\n<li>One of the few brokers to allow free investing in stocks, ETFs, mutual funds, and government bonds.<\/li>\n<li>Simple and easy-to-understand educational material on all things markets through Varsity.<\/li>\n<\/ul>\n<p>We have now also removed the \u20b9200 trading account opening fee for customers under 25 years of age to encourage young people to think about investing early.<\/p>\n<p>We\u2019ve been debating this internally for a while now \u2014 whether the account opening fee we charge was a barrier for youngsters to start investing. The account opening fee was the actual cost of opening and maintaining an account \u2014 KYC, documentation, eSign, human verification, etc. Without the account opening fee to recover these costs, the business could potentially be pressured to recover those costs in other ways since, when we started, we were bootstrapped.<\/p>\n<p>One of the greatest hacks to build wealth is to start investing early. The obvious reason is more time equals more compounding, which means more wealth. But I think there\u2019s a more underappreciated reason. Most of your investment learning will come from making mistakes. And the best time to make mistakes is when you have the least amount of money, i.e., when you are young. So open your Zerodha account, put in whatever little money you can afford to lose, and make all the mistakes now. By the time you grow in your career and start earning more, you will be well prepared to build wealth the right way. \ud83e\udd1e<\/p>\n<p>&lt;<\/p>\n<p>p style=&#8221;text-align: center;&#8221;><a class=\"article-button\" href=\"https:\/\/zerodha.com\/open-account\/\">Open an demat account<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Update: Account opening is free for all resident individual accounts from June 29th, 2024. Despite all the headline numbers about Indian markets growing, we\u2019re still quite small. Compared to the pre-pandemic base, we\u2019ve grown tremendously, but there are still just about 9 crore unique investors in India (out of 140 crore people). Thanks to the [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":376706,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[577,479],"tags":[],"class_list":["post-376705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-updates","category-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.5 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Account opening now free under the age of 25 &#8211; Z-Connect by Zerodha<\/title>\n<meta name=\"description\" content=\"Update: Account opening is free for all resident individual accounts from June 29th, 2024. 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Despite all the headline numbers about Indian markets growing,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/zerodha.com\/z-connect\/business-updates\/account-opening-now-free-under-the-age-of-25\" \/>\n<meta property=\"og:site_name\" content=\"Z-Connect by Zerodha\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/zerodha.social\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-23T12:06:39+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-02-27T11:14:47+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/zerodha.com\/z-connect\/wp-content\/uploads\/2024\/04\/Account-oopening-under25.png\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Nithin Kamath\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@nithin0dha\" \/>\n<meta name=\"twitter:site\" content=\"@zerodhaonline\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Nithin Kamath\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/zerodha.com\/z-connect\/business-updates\/account-opening-now-free-under-the-age-of-25\",\"url\":\"https:\/\/zerodha.com\/z-connect\/business-updates\/account-opening-now-free-under-the-age-of-25\",\"name\":\"Account opening now free under the age of 25 &#8211; Z-Connect by Zerodha\",\"isPartOf\":{\"@id\":\"https:\/\/zerodha.com\/z-connect\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/zerodha.com\/z-connect\/business-updates\/account-opening-now-free-under-the-age-of-25#primaryimage\"},\"image\":{\"@id\":\"https:\/\/zerodha.com\/z-connect\/business-updates\/account-opening-now-free-under-the-age-of-25#primaryimage\"},\"thumbnailUrl\":\"https:\/\/zerodha.com\/z-connect\/wp-content\/uploads\/2024\/04\/Account-oopening-under25.png\",\"datePublished\":\"2024-04-23T12:06:39+00:00\",\"dateModified\":\"2026-02-27T11:14:47+00:00\",\"author\":{\"@id\":\"https:\/\/zerodha.com\/z-connect\/#\/schema\/person\/03de5b6b47eb838a0067a9d11a1ffaf6\"},\"description\":\"Update: Account opening is free for all resident individual accounts from June 29th, 2024. 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