A HUF account can only be opened offline, unlike resident individual accounts that can be opened online.

The documents required to open a HUF account depend on the KYC status. To learn how to check the KYC status, see What is Know Your Customer (KYC), and how can the KYC status be checked?

If the HUF KYC is not registered, the following documents are required:

Application form

Equity application form (PDF) and commodity application form (PDF).

Demat Debit and Pledge Instruction (DDPI) attached to the demat application form is a document that allows a broker to debit the securities from the client’s demat account and deliver them to the exchange. The client does not have to enter the CDSL T-PIN and OTP to sell shares once the DDPI is submitted. However, DDPI is optional. If clients do not wish to submit the DDPI, CDSL T-PIN can be used for authorisation. To learn more, see What is Demat Debit and Pledge Instruction (DDPI)?

HUF Declaration & Annexure

Declaration and Annexures (PDF).

Supporting Documents

• A PAN card copy of the HUF with seal and signature. Provide an additional declaration form (PDF) with the HUF seal and signature if the PAN is an ancestral PAN card.
• Address proof of the HUF with seal and signature. The address proof can be the latest transaction copy of the bank statement or passbook.
• Self-attested PAN card copy of karta.
• Self-attested address proof copy of karta. Address proof can be one of the following: Aadhaar, driving licence, voter ID or passport. If an Aadhaar is being submitted as proof, ensure that a masked Aadhaar is submitted. To learn how to get the masked Aadhaar, see How to download masked Aadhaar?
• Additional PAN and address proof copy of karta with HUF seal and signature.
• Self-attested PAN card copy of the co-parcener or member.
• A bank account proof of the HUF account. The bank proof can be one of the following: A personalised cancelled cheque with the HUF name printed, bank statement, bank passbook copy with the bank account number, MICR, and IFSC code clearly visible.
• Any one of the following income proof of HUF to activate the F&O and commodity segment:
  
  
• Latest six months' bank statement or passbook of the HUF account.
• Latest year audited profit and loss statement.
• Latest year Income Tax Return (ITR) acknowledgement.
• Net-worth certificate from the chartered accountant with the UDIN number specified.
• DP holding statement of the HUF.
• If Karta is a female, provide an additional self-declaration form (PDF) as a hard copy along with the abovementioned documents.
• If the current Karta is opening the HUF account after the death of the previous Karta, a notarised copy of the death certificate with the HUF seal and signature must be provided.

Sample copy and signature guidelines

Check the HUF sample equity form (PDF) and commodity form (PDF) , CKYC sample form (PDF) , and annexure and declaration (PDF) for reference.

Refer to the signature guidelines (PDF) to learn how to sign all the forms.

In-person Verification (IPV)

As part of the mandatory IPV requirement for all brokers, the authorised person must complete the verification. The verification can be done online or offline. To learn how to do it online, see What is in person verification and why is it needed? To do it offline, the authorised person must visit a Zerodha branch office, or a representative of Zerodha would be required to visit the offices or residences of the client to complete the IPV procedure.

If the KYC of the HUF is registered, the following documents are required to open a HUF account:

Application form

Equity application form (PDF) and commodity application form (PDF).

Demat Debit and Pledge Instruction (DDPI) attached to the demat application form is a document that allows a broker to debit the securities from the client’s demat account and deliver them to the exchange. The client does not have to enter the CDSL T-PIN and OTP to sell shares once the DDPI is submitted. However, DDPI is optional. If clients do not wish to submit the DDPI, CDSL T-PIN can be used for authorisation. To learn more, see What is Demat Debit and Pledge Instruction (DDPI)?

HUF Declaration & Annexure

Declaration and Annexures (PDF).

Supporting Documents

• Self-attested PAN card copy of the coparcener or member.
• A bank account proof of the HUF account. The bank proof can be one of the following: A personalised cancelled cheque with the HUF name printed, bank statement, bank passbook copy with the bank account number, MICR, and IFSC code clearly visible.
• Any one of the following income proof of HUF to activate the F&O and commodity segment:
  
  
• Latest six months' bank statement or passbook of the HUF account.
• Latest year audited profit and loss statement.
• Latest year Income Tax Return (ITR) acknowledgement.
• Net-worth certificate from the chartered accountant with the UDIN number specified.
• DP holding statement of the HUF.
• If Karta is a female, provide an additional self-declaration form (PDF) as a hard copy along with the abovementioned documents.

Need help? Call on 080 4680 5727 or create a ticket.

Once all the documents are ready, e-mail the soft copy of all the forms to [email protected]. The forms will be reviewed in case any corrections are required. After the forms are reviewed, courier the documents along with a cheque in favour of Zerodha Broking Limited for the following amount:

• ₹500 towards Equity and Commodity trading account opening charges.

Courier all the documents to the following address:

Zerodha,
153/154, 4th Cross, J.P Nagar 4th Phase,
Opp. Clarence Public School,
Bengaluru - 560078

It can take upto 72 working hours to open the account. To learn the charges applicable to the HUF account, see What are the charges applicable to a Hindu Undivided Family (HUF) account?

Did you know? As per the CDSL guidelines (PDF), the nomination facility is available only for individual demat accounts. Therefore, non-individual account holders cannot add a nominee.