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How to open a Zerodha demat account online?

Zerodha has made online and offline account opening free for resident Indian accounts from 29th June 2024.

An individual Zerodha account can be opened online if the mobile number is linked to the Aadhaar. To open a trading and demat account, follow the on-screen instructions and complete the e-sign. To open an online account, the following documents are required:

  • Self-attested copy of the PAN with the signature under Applicant signature.
  • A scanned copy of the signature. The signature must be with a black or blue ballpoint or ink pen. Markers or sketch pens are not allowed.
  • Aadhaar number.
  • A bank proof in the client's name. The bank proof can be one of the following:
    • A personalised cancelled cheque with the name printed on it.
    • Bank statement or passbook copy with the bank account number, bank logo, seal, MICR, and IFSC code clearly visible.
  • An income proof, if a client wants to trade in F&O. The income proof can be one of the following:
    • A bank statement with the bank logo and seal in the name of the Zerodha account holder for the last 6 months with an average balance of more than ₹10,000.
    • Latest salary slip with gross monthly income exceeding ₹15,000.
    • Latest ITR acknowledgement with gross annual income exceeding ₹1,20,000.
    • Latest Form 16 with gross annual income exceeding ₹1,20,000.
    • Certificate of net worth more than ₹10,00,000.
    • Latest statement of demat holdings with current holdings value exceeding ₹10,000.

The account will be opened within 72 working hours, and an email with the user ID will be sent. If the mobile number is not linked with the Aadhaar, the offline process of opening an account has to be followed. To learn more, see How to open a Zerodha account offline?

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To learn the charges applicable for an individual account, visit zerodha.com/charges#tab-equities.