Zerodha Account Type

　　Zerodha offers two main types of demat accounts: Regular Demat Account and Basic Services Demat Account (BSDA).

• Regular Demat Account:
• This type is available to all investors in India and allows for the holding of various securities including stocks, bonds, and mutual funds.
• There is no limit on the value of holdings in the account, making it suitable for active traders and investors.
• Basic Services Demat Account (BSDA):
• Designed for low-volume investors to minimize maintenance costs.
• Features:
• No annual maintenance charges (AMC) if the holding value is less than ₹50,000 in equity or ₹1 lakh in debt funds.
• Only one BSDA is allowed per trader.
• Suitable for small investors who trade less frequently.

　　

Zerodha Broker Account Opening Process

　　Opening a Zerodha demat account is a straightforward process that can be completed online. Here are the steps:

• Visit the Zerodha Website:
• Navigate to the Zerodha account opening page.
• Fill Out the Application Form:
• Provide your basic details such as name, phone number, and email address.
• Document Submission:
• Keep scanned copies of required documents ready, including:
• Aadhaar Card
• PAN Card
• Cancelled Cheque
• Latest Bank Statement
• Aadhaar Verification:
• Enter your Aadhaar details and the OTP received on your registered mobile number for identity verification.
• Complete the Process:
• After successful verification, your demat account will be created, and you will receive your account details via email.
• Account Activation:
• Your account is typically activated within 48 to 72 hours after document verification.

　　By following these steps, you can quickly and easily open a demat account with Zerodha, allowing you to start trading efficiently.