-5.77%74,33,773 Clients
Zerodha Account Opening Enquiry
Zerodha is highly popular and reputed for its low brokerage charges. Be it account opening charges, AMC, or brokerage charges, they are set in affordable ranges only. Zerodha account opening process is easy, quick, and safe. You could open a Zerodha account online in just a few minutes. The account opening charges are Rs 0 for trading in Equity, F&O, and Currency.
Zerodha account opening key features
To open an instant online account, visit the Zerodha website and click on the Signup button. Register using your mobile number and email. Verify them via OTP.
Zerodha account opening is a simple 7 steps process. It is recommended to keep scanned or digital copies of the Aadhaar Card, PAN Card, Cancelled Cheque, and Signature on a blank white paper for quick account opening.
Once your application is submitted, the Zerodha team will verify the details, and open your account. After the account opening, your account details will be shared including your login credentials via an email within 24 hours.
Zerodha offers 3-in-1 account (Trading + Demat + Bank accounts) through its partner bank, IDFC FIRST. The 3-in-1 account offers seamless transitions between bank and trading accounts. When the customer buys/sells shares, the funds are withdrawn or deposited in the bank account automatically. The customer does not have to maintain funds in a trading account for buying shares. In addition to it, the customer also earns savings account interest on the bank account holdings with IDFC First.
To open a 3-in-1 account, you need to open a bank account online with IDFC FIRST Bank. Once your Bank account is open, you can open a trading and Demat account with Zerodha and link it with your IDFC bank account.
If your Aadhaar number is not linked to your current phone number, you have to open Zerodha accounts via the offline process by signing the paper forms. Zerodha charges Rs 400 for offline account opening.
The Zerodha team will check the documents and details after receiving the form. Your account will be opened in two days if all of the required information is provided.
A scanned copy is required of the following documents:
| Document | Details |
|---|---|
|
Identity Proof |
PAN Card |
|
Address Proof |
Anyone - Driving License, Voter ID, Passport, Aadhar Card, Bank statement, etc. |
|
Bank Account Details |
Canceled cheque with your name printed on it. If not please attach your latest Bank Statement |
|
Signature Proof |
Signature on an empty white paper |
|
Income Proof |
Only in the case when the F&O segment is selected. Anyone - Latest salary slip, ITR, Form 16, 6-month bank Statement, etc. |
A paper signed copy is required of the following documents:
| Document | Description |
|---|---|
|
Photographs |
One. Paste on the KYC form and sign across it. |
|
PAN Card |
1 copy, self-attested |
|
Address Proof |
1 copy, self-attested - (Driving License, Voter ID, Passport, Aadhar Card, Bank statement, etc. - Anyone) |
|
Income Proof |
1 copy, self-attested - (Latest salary slip, ITR, Form 16, 6-month bank Statement, etc. - Anyone) |
|
Canceled Cheque |
The cheque should have your name printed on it, if not please attach your latest Bank Statement |
Zerodha offers an online account opening. Customers can submit the online form at any time. Once the application is received, Zerodha takes around 24 hours to verify the application and open an account.
Zerodha team sends an email with your login credentials once the account is opened.
For an offline paper application form, Zerodha takes two days to process account opening applications.
Zerodha's online account opening charges are Rs 0 for the equity segment and Rs 0 for the equity and commodity segments. Offline account opening charges for the trades on Equity, F&O and Currency are Rs 400.
Zerodha allows customers to open online and offline accounts through its trading platforms and website. However, NRI, Partnership, Limited Liability Partnership, HUF, or Corporate accounts can only be opened via an offline process.
| Account Type | Equity | Equity + Commodity |
|---|---|---|
|
Individual Account (online) |
Rs 0 |
Rs 0 |
|
Individual Account (offline) |
Rs 400 |
Rs 600 |
|
NRI Account (offline) |
Rs 500 |
N/A |
|
Partnership, LLP, HUF or Corporate accounts (offline) |
Rs 500 |
Rs 800 |
Zerodha AMC Charges are Rs 300 per year. Zerodha withdraws Rs 75 from customers' trading account quarterly (every 90 days). Zerodha AMC charges for the NRI account is Rs 500 per year.
| Transactions | Fees |
|---|---|
| Trading/Demat AMC | Rs 300 per year (Rs 75 per quarter) |
| NRI Account AMC | Rs 500 per year |
Note:
Zerodha account opening process is easy, safe and secure. Zerodha accounts can be opened from both online and offline modes. Zerodha account opening charges are Rs 0 . Zerodha takes a max of 24 hours to open an account once the application is received.
Zerodha offers stock trading account and Demat account services. Customer pays the fees, commission and taxes while trading with Zerodha.Zerodhafee structure and trading commission rates are explained as below.
To open Zerodha account you have to pay account opening charges and annual maintenance charges (AMC).
| Transaction | Fee |
|---|---|
| Trading Account Opening Charges (One Time) | Rs 0 |
| Trading Annual Maintenance Charges AMC (Yearly Fee) | Rs 0 (Free) |
| Demat Account Opening Charges (One Time) | Rs 0 |
| Demat Account Annual Maintenance Charges AMC (Yearly Fee) | Rs 300 |
Customer pays a commission (brokerage) when buying or selling stocks through Zerodha. The brokerage charges for equity, commodities and currency derivative trading for Zerodha are explained as below.
| Segment | Brokerage Fee |
|---|---|
| Monthly Fee (Fixed) | |
| Equity Delivery | Rs 0 (Free) |
| Equity Intraday | Rs 20 per executed order or .03% whichever is lower |
| Equity Futures | Rs 20 per executed order or .03% whichever is lower |
| Equity Options | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order or .03% whichever is lower |
| Currency Options | Rs 20 per executed order |
| Commodity Futures | Rs 20 per executed order or .03% whichever is lower |
| Commodity Options | Rs 20 per executed order |
The Demat account transactions are charged separately from the trading commission. Find Zerodha Demat account charges 2025.
Zerodha Demat Charges
Zerodha trading and demat account opening fees are Rs 0. Zerodha charges Rs 300 per year demat account AMC. Zerodha demat debit transaction fee of Market Trades: ₹13.5 + GST Off-Market Trades: 0.03% of ₹25 whichever is higher + GST per debit transaction.
| ID | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening Charges | Rs 0 |
| 2 | Transaction Charges (Buy) | |
| 3 | Transaction Charges (Sell) | Market Trades: ₹13.5 + GST Off-Market Trades: 0.03% of ₹25 whichever is higher + GST |
| 4 | Annual Maintenance Charges (AMC) | Individuals/Non Individual (except Corporate) - ₹300 + GST Non Individual - Corporate - ₹1000 |
| 5 | Demat + Courier charges | ₹150 per certificate (+ ₹100 Courier charges) |
| 6 | Remat | ₹150 per certificate + CDSL charges + ₹100 Courier charges |
| 7 | Pledge Creation | ₹30 per request + GST |
| 8 | Pledge Creation Confirmation | ₹0 |
| 9 | Pledge Invocation | ₹20 |
| 10 | Failed Transactions | ₹50 per ISIN |
| 11 | Other Charges | Cheque Bounce: ₹350 Physical Statement - ₹50 (+Courier charges at actual) Modification in CML - ₹25 per request KRA Upload / Download - ₹50 per request Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date. |
A combination of Exchange Turnover Charge and Trade Clearing Charge. Know more about Transaction Charges .
| Segment | Transaction Fee |
|---|---|
| Equity Intraday | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| Equity Delivery | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| Equity Futures | NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 |
| Equity Options | NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) |
| Currency Future | NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) |
| Currency Option | NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Zerodha charges government taxes and fees in addition to the brokerage. These Zerodha trading taxes are shows in the contract note sent to the customer at the end of the day. The below table can be used for the Zerodha tax calculation.
| Tax Zerodha | Rates |
|---|---|
| |
Exchange Transaction Charges | |
GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
SEBI Charges | 0.0001% (₹10/Crore) of the turnover (except for Agri futures where it is Rs 1 per crore) |
Stamp Duty | (On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
Limited-time offer!
Open your instant Zerodha account online and start trading today.
Opening an account with Zerodha is free for people under the age of 25. For others, Zerodha charges Rs. 0 for opening an account. The AMC for the demat account is Rs. 300 per annum. Read more about Zerodha's charges.
Zerodha Account Opening Charge
| Account Type | Equity | Equity + Commodity |
|---|---|---|
|
Individual Account (online) |
Rs 0* |
Rs 300 |
|
Individual Account (offline) |
Rs 400 |
Rs 600 |
|
NRI Account (offline) |
Rs 500 |
N/A |
|
Partnership, LLP, HUF or Corporate accounts (offline) |
Rs 500 |
Rs 800 |
Note: * Zerodha charges Rs 0 Account opening free for all under the age of 25.
Zerodha charge zero brokerage for equity delivery trades. It charges Rs 20 per executed order on intraday and derivatives trades.
| Trade Type | Brokerage Fee |
|---|---|
|
Equity Delivery |
Rs 0 |
|
Intraday, F&O (Equity, Commodity, Currency) |
Rs 20 per executed order |
Zerodha charges a brokerage fee of Rs 20 per executed order for intraday trades. The brokerage for equity delivery trade is Rs 0. Zerodha brokerage is among the lowest in the industry.
No, Zerodha doesn't charge a fee for investing in Mutual Funds (MF). Zerodha mutual fund charges are nil. On top, Zerodha offers 'Direct Mutual Funds' which results in an additional saving of over 2% yearly to the investors.
Zerodha is the first broker to offer direct mutual funds. In case of Direct Mutual Funds, the broker like Zerodha doesn't get any upfront of trail commission from the Mutual Fund managers or AMC. The savings from this is passed on to the customer in terms of higher returns.
Zerodha offers it's online Mutual Funds investment services to a platform name Coin. Zerodha Coin has a website and a mobile app, available for free to charge to all Zerodha customers.
Mutual fund investment with Zerodha is absolutely free. There is no brokerage, no software charges, no upfront or trail commission from fund managers or AMCs and no hidden charges. Also, there is no limit on size or number of transactions.
Zerodha charges brokerage for intraday and Futures & Options trades at BSE, NSE and MCX. The brokerage is charged only when the order is executed. The Contract Note (sent at the end of the day to customers via email) provides detail of the brokerage, taxes and other charges.
Yes, Zerodha charge Rs 300 per year Demat Account AMC (Annual maintenance charges) fees. This fee is charged quarterly (i.e. Rs 75 every quarter). Except this Zerodha doesn't have any annual charges or minimum balance requirements.
Zerodha offers brokerage-free equity delivery trades. Thus, if you sell the shares that you hold in your Demat account, there are no brokerage changes. However, you still have to pay taxes and a Demat debit transaction fee.
Zerodha brokerage for intraday trading is flat Rs 20 per executed order on both buy and sell legs.
Zerodha doesn't offer margin funding. As per the new margin requirement applicable from Jan 1st, 2020, brokers are not permitted to offer additional margin. The customer has to pay the margin as prescribed by the stock exchanges.
Zerodha is an online stock broker offering almost all of its services online by leveraging the latest computer technology and the internet. Zerodha does volume business with a highly scale-able online trading platform. This makes it possible for Zerodha to offer trading at an ultra-low-cost.
Zerodha doesn't have branch offices, doesn't spend money on advertising campaigns and doesn't offer services like research and advisory.
Zerodha offers brokerage free equity delivery trades and Mutual Fund investments. It charges flat Rs 20 or 0.03% (whichever is lower) per executed order brokerage fee for trading in Intraday and F&O across Equity, Currency and Commodity segments.
Zerodha Brokerage Charges
|
Segment |
Brokerage Charges |
|---|---|
|
Equity Delivery |
Rs 0 (Commission Free Trading) |
|
Equity Intraday |
Flat Rs 20 or 0.03% (whichever is lower) per executed order |
|
Futures (Equity/Currency/Commodity) |
Flat Rs 20 or 0.03% (whichever is lower) per executed order |
|
Options (Equity/Currency/Commodity) |
Flat Rs 20 or 0.03% (whichever is lower) per executed order (on Turnover) |
|
Mutual Fund |
Rs 0 (Commission Free Trading) |
Zerodha offers a flat fee brokerage model with brokerage free delivery trades. The brokerage charges in intraday and F&O are calculated on per executed order irrespective of the trade size. For example, if you buy 10 lots of NIFTY Future in one single order, you pay just Rs 20 brokerages on this trade.
No, Zerodha doesn't charge brokerage or any other fees for rejected orders. The company charges brokerage and other fees only for executed orders.
Simply leave your contact information and Zerodha representative will call you in a few hours.
No, Zerodha doesn't charge brokerage or any other fees for canceled orders. If for some reason, you cancel your orders, you won't be charged any fees.
You get charged brokerage/fees/charges only for the orders that get executed and not for the orders that get rejected or canceled for any reason, whether auto-canceled or manually canceled.
Zerodha, the discount stock broker offers commission-free equity delivery trading and Mutual Funds. It charges flat Rs 20 or 0.03% (whichever is lower) per executed order brokerage for trades in Intra-day and Equity, Currency and Commodity Derivatives (F&O).
You pay 0.03% (maximum Rs 20 per executed order). For example:
You pay Rs 0 brokerages. Yes, it's free with absolutely no hidden fee. Example:
When you are trading stocks and if you are trading volumes are lower you get the benefit of Rs 20 or 0.03% for intraday, whichever is lower.
When you place an order with Zerodha which gets traded, it is called an executed order. You don't pay for placing, cancelling or modifying an order; you pay only per executed order.
Zerodha doesn't charge per trade, Zerodha charge only for an executed order. So even if an order is executed in 5 different trades it is considered only 1 executed order and you pay only Rs 20.
Example of an order is:
Buy 1000 shares of ONGC
You place a 'buy' order for 1000 shares of ONGC. This order may get executed in different trades (chunk) until the whole 1000 share is bought. However, Zerodha charges you only Rs 20 for the order that is placed, irrespective of how many trades it takes to complete the order. The same charge is applied for trading Equity Intraday, Delivery, F&O, Currency Derivatives, and Commodity.
Zerodha doesn't charge per trade, they charge only for an executed order. So even if an order is executed in 5 different trades it is considered only 1 executed order and you pay only Rs 20.
Zerodha Call & Trade charges are Rs 50 per executed. The call and trade charges are over and above the brokerage charges and other regulatory fees.
Zerodha levies Call and Trade charges in two cases:
Zerodha is an online discount stockbroker designed for customers who can trade online by themselves. Zerodha does not offer personalized services, relationship managers, branch offices, etc.
People who frequently need broker assistance or in-person services should consider opening an account with full-service brokers like Sharekhan, ICICI Direct, and IIFL.
You can withdraw money from Zerodha through Zerodha's back-office platform, Console.
Steps to withdraw money from Zerodha
The money gets credited to your bank account within 24 hours.
Points to Note:
Yes, you can opt to receive a physical copy of the contract note in Zerodha at a charge of Rs 20 per contract note plus the courier charges.
Zerodha sends the Electronic Contract Note (ECN) in PDF format for free of charge to their clients on their registered email ID. Alternatively, you can also download the contract note at no cost from Zerodha Console (back office) website. The electronic contract note is delivered to the clients at 7 PM on the same day of trading.
Zerodha charges brokerage and applicable taxes on both buy and sell transactions.
Zerodha offers brokerage-free Equity Delivery trading. That means you do not pay any brokerage for cash & carry trades (or when you take delivery of shares or sell them from your demat account).
For intraday trades, Zerodha charges flat Rs 20 per order brokerage on both sides (buy and sell). Thus total brokerage for one intraday trade is Rs 40.
In addition to the brokerage, you have to pay the following taxes and fees:
|
Transaction Head |
Equity Delivery |
Equity Intraday |
|---|---|---|
|
Securities Transaction Tax (STT) |
0.1% on both Buy and Sell |
0.025% on the Sell Side |
|
Transaction / Turnover Charges |
NSE: 0.00325% | BSE: 0.003% per trade (each side) |
NSE: 0.00325% | BSE: 0.003% per trade (each side) |
|
Goods and Services Tax (GST) |
18% on (Brokerage + Transaction Charge) |
18% on (Brokerage + Transaction Charge) |
|
SEBI Charges |
Rs 10/Crore on both buy and sell |
Rs 10/Crore on both buy and sell |
|
Stamp Charges |
0.015% (Rs 1500 per crore) on buy-side |
0.003% (Rs 300 per crore) on buy-side |
|
DP Charges |
Rs 13.5 for every debit per ISIN per day. |
Nil |
Many people ask about how Zerodha makes money by offering Free Mutual Fund. Majority of Zerodha revenue comes from derivatives trading. By offering free services like MF's, Zerodha attract many large traders and investors who eventually pay by using it's stock and derivates trading services.
Zerodha earn small interest from the money you keep in your trading account for few days before you buy stock or mutual funds. Zerodha keeps your money into bank FD's and earns interest in it.
For example, if you keep Rs 1 lakhs in your trading account for 1 day, Zerodha earn Rs 19.18 interest on it (at the rate of 7% annual interest).
Zerodha allows customers to open an account to trade in Equity, Currency, F&O, Commodity, Mutual Funds and IPO. NRIs, Limited Liability Partnerships, HUFs, and corporations can also open. Zerodha also offers a 2-in-1 account (a combo of trading account and demat account) which can be opened within a few minutes.
The Zerodha trading account is for trading and investing in stocks, mutual funds and IPO. This account is required to invest in the stock market in India. It enables a customer to buy/sell equity at stock exchanges.
The Zerodha Demat Account allows customers to hold securities (Stocks, Bonds, and ETFs) in electronic format. The demat account is similar to a bank account but instead of money, it holds shares in it.
The Zerodha Commodity Account enables the customer to trade commodity futures on the MCX exchange. This account is required only when you would like to trade in commodities at MCX.
To open an account with Zerodha, go to the Zerodha website and follow the steps below:
Note: Once all of your documents have been confirmed, the Zerodha team will provide your login credentials in your email. It usually takes between 2 hours to 24 hours.
Zerodha Account Opening Enquiry
Zerodha Order Types & Product Types Explained Zerodha Account Closure Online - ExplainedInformation on this page was last updated on Friday, October 4, 2024
Are you a Zerodha Customer?
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
Open Instant Account (Start Trading Today)
Open Zerodha Account
