Zerodha Account Type

Zerodha offers various account types to cater to different trading needs. The primary account types include:

• Trading Account: This account allows you to buy and sell various financial instruments like stocks, commodities, and derivatives.
• Demat Account: This account is used to hold your securities in an electronic format, making it easier to manage and trade.
• Commodity Account: Specifically for trading in commodities, this account allows you to participate in the commodity markets.

Each account type is designed to provide specific functionalities, ensuring that traders have the necessary tools for their investment strategies.

Zerodha Broker Account Opening Process

Opening an account with Zerodha involves a straightforward process:

• Visit the Zerodha Website: Go to the official Zerodha website to start the account opening process.
• Fill Out the Application Form: Provide your personal details, including your name, address, PAN number, and bank account information.
• Upload Required Documents: You will need to upload documents for KYC verification, such as:
• Aadhar card or passport for identity verification.
• Recent utility bill or bank statement for address verification.
• E-sign the Application: Use your Aadhar-linked mobile number to complete the e-signing process.
• Account Verification: Once submitted, Zerodha will verify your documents. This process typically takes 1-3 business days.
• Receive Your Account Details: Upon successful verification, you will receive your account number and login credentials to access your trading account.

This efficient process allows traders to get started with minimal hassle and enables them to begin trading quickly.