Can I open a demat account if I already have a trading or commodity account?
Yes, you can open a demat account when you already have a trading account with Zerodha.
To open a demat account:
-
Courier the demat application form
(PDF)
to Zerodha.
- Zerodha will open your account within 72 working hours after receiving your forms.
Requirements depend on your KYC status:
- If you are KYC-compliant, send only the demat application form (PDF).
- If you are not KYC-compliant, courier both the KYC form (PDF) and demat application form.
- Check your KYC status through What is Know Your Customer (KYC), and how can the KYC status be checked?
For specific situations:
- If you opened a trading account without equity segment, courier both the segment addition form (PDF) and demat application (PDF).
- For IL&FS account holders: Follow the step-by-step process in How to switch demat account from IL&FS to Zerodha?
- For commodity-only account holders: Complete the offline account opening procedure detailed in How to open a Zerodha account offline?
Courier forms to:
Zerodha Customer Support Centre
192A 4th Floor,
Kalyani Vista, 3rd Main Road,
JP Nagar 4th Phase,
Bengaluru, 560076
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