View all categories

What are the documents required to open a corporate account?

Supporting Documents.

  1. A PAN copy of the company with Authorized director/signatory seal and signature.
  2. Address proof in the company name with Authorized director/signatory seal and signature. (Certificate of incorporation, Latest month transaction copy of Bank statement, Utility Bill, MCA copy, or Lease/Rent Agreement)
  3. Individual PAN copy of all the Authorized Signatory/director with self-attestation.
  4. Individual Address proof of all the Authorized Signatory/director with self-attestation.
  5. 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)
  6. A copy of Certificate of incorporation Authorized Signatory/director with seal and signature.
  7. The Memorandum of Association and the Articles of Association of the Company with authorized Signatory/director seal and signature on the first 4 pages of the MOA & AOA. (In case the director details are missing on the MOM/AOA required FORM-32 or DIR-12 copy by the company.)
  8. A copy of the latest two financial years Balance Sheet of the Company with authorized Signatory/director seal and signature. (Every financial year Balance sheet have to be submitted) If the company is newly incorporated, then a Net-worth Certificate from the Chartered Accountant with UDIN- Number specified and Income Tax Declaration on the company letterhead with authorized Signatory/director seal and signature.
  9. A Bank account proof of the company for the linking purpose (Personalized cancelled cheque(company name printed on it) or bank statement or bank passbook copy(With visible bank account number, MICR, and IFSC code)

Account Opening Annexures

  1. The Board resolution and Annexures should be on the company letterhead.
  2. The first page of the Board resolution requires an authorized signatory/director signature on the specimen signatory place.
  3. The second page of the Board resolution requires any two director's seal and signature on the prescribed place.
  4. List of directors of the company with authorized signatory/director signature.
  5. Latest shareholding pattern of the company with authorized signatory/director signature.
  6. On Annexure A , affix all the signatory/director's photographs and signatures on the prescribed places and affix the company seal on the authorized signatory/director s signature.

Non-individual Equity application guidelines

  1. Page 3- Affix the company seal & signature of Authorized Signatory/director on the Declaration column.
  2. Page 4 - Affix the latest passport size photograph of each Authorized Signatories/Directors of the company & seal & signature of the Authorized Signatory/director on the bottom of the page. (The photographs should have the signature across them)
  3. Affix the company seal and signature of anyone authorized signatory/director on the (F) First holder box of the entire equity application, including POA.

Note: Duly fill the application as per the company proof, avoid over-writing and using whitener.

Non-individual Commodity application guidelines.

1. On the Commodity application, affix the company seal and signature of anyone authorized signatory/director on the (F) First holder box.

Note: Duly fill the application as per the company proof, avoid over-writing and using whitener.

FATCA Declaration.

FATCA Declaration with Authorized signatory/director seal and signature on the 4th and 7th page.

Annexure A Controlling Person self-attestation.

If any individual having more than 25% of shareholding or capital or profits in the company, the individual should identify as an ultimate beneficiary

  1. A copy of Annexure A with signature on the 3rd page of such who holding 25% or more.
  2. A copy of the PAN and address proof with self-attestation of those holding 25% or more.

Suppose any entity is having more than 25% of shareholding or capital or profits in the company. In that case, the entity should identify as an ultimate beneficiary.

  1. A copy of Annexure A with signature on the 3rd page of the Whole Time director / Individual Promoters of such an entity holding 25% or more.
  2. A copies of the PAN and address proof with self-attestation of the Whole Time director / Individual Promoters of such an entity holding 25% or more.
  3. Latest shareholding pattern (on the company letterhead) of such an entity holding 25% or more.

In case no natural person is identified, the senior managing official may be considered a natural person.

To Activate F&O, Currency derivatives, Commodity segments, we require income proof of anyone of the following document in the Company name.

  1. Latest six months Bank statement/passbook of the company account.
  2. Latest year audited Profit and Loss statement.
  3. Latest year ITR (Income tax return) Acknowledgement
  4. If the company is newly incorporated, provide a Net-worth Certificate from the Chartered Accountant with UDIN- Number specified.

IPV

As part of the mandatory IPV requirement for all brokers, physical verification is required for non-individual accounts. Either a representative of the client would need 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.

Kindly ensure that the stamp/seal of the company is duly affixed and it is physically signed by the Authorized Signatory/director on the documents.

Account opening cheque favouring "Zerodha Broking Limited":

a. Rs. 500 towards Equity trading account opening charges.

b. Rs. 300 towards Commodity trading account opening charges.

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

We request you to duly fill and sign all the documents and send us the softcopy to [email protected] We will review and revert for any further correction, after which you can send the physical copy to the following address.

Zerodha Head Office

No.153/154 4th Cross Dollars Colony,

Opp. Clarence Public School,

J.P Nagar 4th Phase, Bangalore - 560078

To know the charges applicable to a Corporate account, click here .