If you’re looking to start investing in the stock market, opening a trading and Demat account with a reputable broker is the first step. Zerodha is one such broker that has gained immense popularity in recent years due to its user-friendly platform and low brokerage fees.So in this article we will guide you how to open zerodha account online.
In this step-by-step guide, we will walk you through the process of opening a Zerodha account online.
To open a Zerodha account there are 7 steps.
How to open Zerodha account online ?
First of all click on this link zerodha.com and you will land on the Zerodha website.
Then enter mobile number that is linked with your Aadhaar card. Then click on continue. You will receive the One time password(OTP) in your mobile no. Enter that OTP in the next page to confirm OTP and press continue.
Then the page will be open for Your Details. There will be 2 text fields for name and email. So enter your name and email you want to use for zerodha account then press continue.
Then OTP will sent to your email id. Open your email account and check for OTP. Enter OTP in the text box and click continue.
Now your basic details are filled. So now the account creation process is starting.
Step 1: Let’s start with your PAN card no.
So in this step you need to enter your PAN card number in capital letters and also select your birth date as mentioned in the PAN card. Then click on Continue.
So Step 1 is done.
Step 2: Pay account opening fees
Now in the next step we need to pay account opening fees. so there will be a list of types of segments you want to activate. So there will be the options of
- Equity : Buy and sell shares, Mutual funds, and derivatives on NSE and BSE.
- F&O(Futures & Options) : You can trade in Futures and options derivatives of the Indexes as well as Stocks.
- Currency : You can trade with currencies like USDINR etc..
- Commodity : You can trade on Commodities like GOLD,SILVER,CRUDE,NATURAL GAS, etc.
The fees of this segment activation is 200 Rupees. You can pay using UPI or Card/Netbanking/Wallets.
Select your preferred option and click Pay & Continue.
So after paying 200 rupees via any method. The next step is Aadhaar KYC(DigiLocker).
Aadhaar KYC(DigiLocker)
- Here you have to share your address-related information from the Digilocker account for KYC.
- The Aadhaar and your PAN card should belong to you, the applicant.
- Click on the Continue to Digilocker button.
Now the Digilocker website will be open. There will be a text field to Enter Aadhaar Number.
- So fill the Aadhaar number and captcha code then click on NEXT.
- So now Digilocker will ask you for permission to allow your information to be share with Zerodha.
- So click the Allow button.Then your data will be shared with zerodha successfully.
- And wait for a few minutes you will be redirected to step 3.
Step 3: Your profile
Now in this step we need to fill personal information.
- Such as Marital status . select your marital status , whether you are single or married.
- Fill your Father name, Mother Name in the Parents detail section.
- Then in the Background Section select your Annual income.
- Select your preference for Funds and security settlement preference.
- There are 2 options from you can select one.
- Once every calendar quarter (Means once every 3 months the settlement will be done.)
- Once in a calendar month (Means once in a month the settlement will be done.)
- Select your trading experience level.
- Select your occupation. For example Businessman, Forex Dealer, Government service, Housewife, Professional,Private sector. etc.
- Then there is an option to select if you are any political person or not. so if you are a politician then select yes else no and click on Continue. so now step 3 is done.
Step 4: Link bank account
So now in this step you have to link your bank account with zerodha to transfer and withdraw funds to your trading account.
There again 2 options available.
- Link using bank details like IFSC Code, Account no , Bank name etc.
- Link using UPI-ID
If you want to link via Bank details. Then enter your Bank’s branch IFSC code, MICR code, and your bank account number. You can get this information from your bank passbook or you can visit your bank branch.
If you want to link via UPI-ID then select that option and enter your UPI id and click on continue.
After filling all details there will be 4 declarations that you are sharing your bank details with zerodha so you need to check all 4 declarations. and click on continue. To verify your bank account zerodha will send 1 rupee in your bank account. So now step 4 is done.
Step 5: Webcam verification (IPV)
Now in this step you need to verify yourself via video camera.If your browser asks you to allow camera permissions then click on allow so that the photo can be captured. There will be a photo of one lady who is holding one white paper and some 4 digit code. So you also need to take one white paper and write that 4 digit code on it with bold letters so that it can be more visible to the camera.z You need to ensure that your face and the code are clearly visible. below the camera will be opened. So capture your front side photo and click to confirm if the code and your face is clearly visible. if it’s not visible clearly then do retake. So now step 5 is done.
Step 6: Upload Documents
Now in this step you have to upload some documents. There are the fields like below
- Income proof (optional) : Select any from the drop down and upload. You can use your bank statement , ITR etc.
- Signature : Take a blank paper and do your sign as on your PAN card ,Take a photo of it and upload it . Signatures using pencils,sketch pens,etc are not accepted.
- Copy of PAN: Take a photo of your PAN card and upload it.
After successfully upload documents click on continue.
Now step 6 is done.
Step 7: Add Nominees
In this step you can add nominees for your account. If you got death at any cause then your funds can be withdrawn to nominees.
You can add up to three nominees for your demat account, This would require you to upload identity proof for all the nominees and guardian(in case nominee is minor). If you don’t have these documents handy, you can skip this and add nominees later.
Then you can click on the skip and continue button.
Then the last Step is to digitally sign your application form(s). They will email you your login credentials once your forms are verified.
So now click on the eSign button. Then after loading a page the pop up will come to accept terms and conditions and check all terms and conditions . click on proceed to esign.
Then the NSDL website will load. Tick on I hereby authorise NSDL statement. and enter an Aadhaar card or virtual aadhar card number on the textfield. click on Send OTP. Then the OTP will be received on your mobile no. Enter it and verify OTP. Then the e form will be shown scroll down then click on button Sign now.
Then again do the same page of add aadhaar card, send otp ,verify OTP. As you verify OTP the success screen of the green page will open and wait a few seconds it will redirect you to the Last step screen.
Then you have to click on the Finish button. Then the Congratulations page will be loaded. so your application is now complete and you have successfully open an account with zerodha online.
Verification of the application could take up to 48 hours at the exchanges. After verification, you will receive an email with your login credentials.
So wait till you receive the mail.
Login Credentials
You can check your mail and you will receive the TPIN to sell your delivery stocks. Don’t share this with anybody.
Another mail you will receive is of welcome to zerodha where you will receive your user ID. And there will be a button on mail to set the password. as you click on that button the next page will open for reset password. Enter your new password and click on continue.
After setting this you have your user ID and a Password. So now you can install the Zerodha kite app or web console.
Enter your user ID, password and click login. So now you are done with all steps and successfully created the account on zerodha.
So this is all about how to open zerodha account online.
We are also added many post regarding the questions related to zerodha. check it here.
That’s it for now . if you face any difficulty while login contacts us at info@money-control.in. We are happy to help you.
Thanks.
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