Zerodha Account Type

Zerodha offers various types of accounts for investors, including the Regular Demat Account, which is suitable for Indian residents above 18 years. This account allows investors to hold different securities such as stocks, bonds, and mutual funds in electronic form. Additionally, Zerodha provides a Basic Services Demat Account (BSDA) for small investors, where no maintenance charges are applicable if the holding amount is less than INR 50,000. For non-resident Indians (NRIs), Zerodha facilitates Repatriable and Non-Repatriable Demat Accounts, allowing them to invest in Indian markets while adhering to specific regulations.

Zerodha Broker Account Opening Process

To open a broker account with Zerodha, follow these steps:

• Choose a Type of Account: Decide whether you want a Regular Demat Account or a BSDA based on your investment needs.

• Visit the Zerodha Website: Go to the official Zerodha website and select the 'Open an Account' option.

• Fill Out the Application Form: Provide necessary details such as your full name, mobile number, email address, and other personal information.

• Verify Your Mobile Number: You will receive an OTP (One-Time Password) for verification. Enter the OTP to proceed.

• Submit KYC Documents: Upload the required KYC documents, including:

• PAN Card
• Aadhaar Card or any other identity proof
• Address proof (utility bill, passport, etc.)
• Bank details (cancelled cheque)

• In-Person Verification: Some processes may require in-person verification, which can be conducted via video call.

• Receive Account Credentials: Once your application is processed and approved, you will receive your Demat account number and other login credentials via email.

By following these steps, you can easily set up your trading and demat account with Zerodha to start your investment journey.