What are the standing instructions and consents taken by Zerodha while opening an account?

The standing instructions and consents taken by Zerodha are as follows:

• Purchase waiver/Confirmation waiver is the instruction from the demat account holder to the Depository Participant (DP) to receive credit to the account. A purchase waiver is mandatory to credit shares when they are purchased from the trading account or transferred from another broker.
• Zerodha flags the Pledge Standing Instruction (SI) as No by default. To change it, open the account offline.
• Zerodha will send the account statements monthly. To change the preference, open the account offline.
• Zerodha will send the account statements to the registered email ID. To receive it physically, open the account offline.
• Email ID is shared with the company Registrar and Transfer agents (RTA) of the shares held in the demat account to receive corporate action notifications, annual reports etc.
• The mode of receiving the annual report and contract notes is electronic. To receive it physically, open the account offline.
• Dividends and interest will be credited to the primary bank account linked to the Zerodha account.
• The demat account is marked as a Basic Services Demat Account (BSDA) by default. It is updated based on the eligibility criteria information received from the depositories. To learn more about BSDA, see What is a Basic Services Demat Account (BSDA) and how can one be opened at Zerodha?

If the above consents need to be changed, clients must open the account offline. To learn how to open the account offline, see How to open a Zerodha account offline?