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What are the documents required to open a corporate account?

The required documents to be sent by a Company to open an account are:

  1. Duly filled documents of the Trading & Demat and/or Commodity forms along with the photographs of the Authorised Signatories/Whole Time Directors. The photographs should have the signature across them. The company seal should also be affixed in the forms. 

  2. The PAN card copy of the Company and the PAN card copies of each Authorised Signatory/ Whole Time Director of the firm.

  3. Address proof copy of the Company and the address proof copy of each of the Authorised Signatory/ Whole Time Directors of the Company.

  4. Proof of Bank account (A copy of a cancelled cheque leaf/ Bank statement/ Bank passbook/ Letter from the Bank). The proof should have the seal and signature of the Authorised signatory. 

  5. A copy of the Balance Sheet of the Company for the last two financial years which is to be submitted every year. (The balance sheet should have the seal and signature of the Authorized Signatory on all the pages)

  6. Income proof documents of the Company, which shall include:
    • 6 month Bank statement/passbook of the company account.
    • Latest audited Profit and Loss statement.
    • ITR (Income tax return) Acknowledgement
    • If the Company is newly incorporated, then a net worth certificate from a Chartered Accountant and an Income Tax Return declaration is required. If the return hasn't been filed, declaration of Income Tax returns has to be submitted.

      Note: If any of the directors is a foreign national or an NRI, then the KYC forms have to be notarized by Authorized officials of overseas branches of scheduled commercial banks registered in India, public notaries, court magistrate, judge, or the Indian embassy/consulate general in the country that they reside.

  7. The Certificate of Incorporation of the Company with the seal & signature of the Authorized Signatory of the company.

  8. The Memorandum of Association (“MOA”) and the Articles of Association (“AOA”) of the Company. The first 4 pages of the MOA & AOA should have the seal and signature of the Authorized Signatory of the company.

  9. Form 32 filed by the Company. (In case the names of present Directors do not appear on the MOA/AOA). 

  10. Photographs of Individual Promoters holding control – either directly or indirectly.

  11. A FATCA declaration of the Company and all the Directors.

  12. Duly filled annexures (With the authorized director's signature and the company's seal affixed on the authorized director's signature) and board resolution.

  13. Individual KYC form filled and signed by each whole-time/executive director (The director has to sign without the stamp on individual KYC's and supporting docs)

  14. A physical verification, as part of the mandatory IPV requirement for all brokers, is required for non-individual accounts. Either a representative of the client would require to visit a Zerodha branch office OR a representative of Zerodha would be required to visit the offices/residence of the client to complete the IPV procedure.

  15. If an individual is a shareholder of the applicant, having more than 25% of shareholding or capital or profits of the applicant, the individual should identify as an ultimate beneficiary and is required to submit Annexure AIn case no natural person is identified the senior managing official may be considered a natural person.

  16. If an entity is a shareholder of the applicant, having more than 25% of shareholding or capital or profits of the applicant, the entity should identify as an ultimate beneficiary and is required to submit Annexure A along with -
    • self-attested copies of the KYC documents of the Whole Time Director/ Individual Promoters of such an entity holding 25% or more; AND
    • shareholding pattern (with the company letterhead) of the entity holding 25% or more. 

  17. Account opening cheque favouring "Zerodha Broking Limited":
    • Rs. 500 towards equity trading account opening charges
  18. Rs. 300 towards commodity trading account opening charges


    Please raise a ticket below in case you have any queries regarding the documents required and our support representative will get in touch with you.