Zerodha Demat Account opening: Process, Features & Charges

Process:

1. Visit Zerodha Website: Navigate to the Zerodha website and click on the 'Open an Account' option.

2. Fill Application Form: Complete the online application form with accurate details like PAN, Aadhar, bank details, etc.

3. Upload Documents: Upload scanned copies of required documents such as PAN card, Aadhar card, canceled cheque, and a passport-sized photograph.

4. e-Signature: Verify your identity using Aadhar OTP for e-signature.

5. In-Person Verification (IPV): Complete IPV through a video call or in-person visit by a Zerodha representative.

6. Account Activation: Once all documents are verified, your Zerodha Demat Account will be activated.

Features & Charges:

1. Zero Brokerage on Equity Delivery: Enjoy commission-free trading on equity delivery.

2. Flat Fee on Intraday and F&O: Pay a flat fee per trade irrespective of the trade size.

3. Advanced Trading Platforms: Access Zerodha's intuitive trading platforms like Kite, Console, and Coin for seamless trading experience.

4. Educational Resources: Benefit from Zerodha's extensive educational resources including webinars, blogs, and tutorials.

5. Nominal Account Charges: Zerodha charges a nominal annual maintenance fee for maintaining your Demat account.

6. Margin Trading Facility: Avail margin against your securities for intraday trading.

Closing Your Zerodha Demat Account:

Closing your Zerodha Demat Account is a straightforward process:

1. Download Closure Form: Download the account closure form from the Zerodha website or request it from customer support.

2. Fill & Submit Form: Fill the closure form with necessary details and submit it to the nearest Zerodha office or send it via courier.

3. Clear Dues: Ensure all dues, if any, are cleared before initiating the closure process.

4. Account Closure Confirmation: Once the closure request is processed, you'll receive a confirmation from Zerodha.

Adding a Nominee to Your Zerodha Account:

1. Login to Zerodha Console: Log in to your Zerodha account and navigate to the 'Profile' section.

2. Select Nominee Option: Click on the 'Nominee Details' option and enter the details of your nominee.

3. Upload Documents: Upload scanned copies of necessary documents like PAN card and address proof of the nominee.

4. Verify Details: Review the entered details carefully and submit the nominee addition request.

5. Confirmation: Upon successful verification, your nominee will be added to your Zerodha Demat Account.

Start your investment journey with Zerodha today and experience hassle-free trading with cutting-edge technology and transparent pricing.