How do I open a commodity account?
Note: We presently allow commodity accounts to be opened at Zerodha if,
- You also open an equity account (trading + demat) OR
- You have an existing equity account (trading + demat) with Zerodha
In the first case, you can proceed to open a commodity account online, you can follow the same procedure as opening an account online as mentioned in this article, and select commodity account in the account opening flow, when prompted.
If you wish to enable commodities trading in your existing Zerodha account online, you will need to have your Aadhaar linked to your mobile number for esign. And provide us with one of the below documents as income proof:
- Bank account statement for the last 6 months
- The latest salary slip
- Copy of ITR acknowledgement
- Copy of Form 16 in case of salary income
- Net worth Certificate
- Statement of demat holdings.
If you are an existing Zerodha account holder but do not have your mobile number linked to Aadhaar, you can open a commodity account offline. You need to download the 'Commodity trading' form, print it, fill it and sign it. Along with that, you'll have to send us your proof of income mentioned above.
To be sent to:
Zerodha HO [#153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase, Bangalore - 560078]
You will be charged Rs 200/- & once the forms are received at our office, the commodity segment will be activated in 48 hours.
Note: The charges for opening your commodity account online are Rs. 100/-