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What is Zerodha and how to open account

What is Zerodha? How to Open Account in Zerodha and Trade

Zerodha me account kaise khole: In today’s time, share market is considered one of the best options for investment. If investment is made with knowledge and experience, then higher returns can be obtained in the stock market than in real estate. Compared to earlier, the stock market has now become an investment destination. Now we can earn money by investing in the stock market while sitting at our home. To invest in the stock market you need a broker. There are many online broker firms present in the market but it is important to choose the right one. Today, Zerodha is one of the best broker firms. In this article, we are going to give you information about ‘ What is Zerodha and how to open an account in Zerodha ‘.

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We can buy shares of different companies in the stock market. The more shares of a company we buy, the more ownership we have over that company. Stock market is a great option for investment but to earn money from it, trading has to be done. In trading we buy and sell shares. Nowadays, many broker companies offer the option of online trading but it is always important to choose a reliable company. There are many such apps and websites available which deceive you in the name of stock market by moving the graphs up and down. It is not safe to trust such companies.

LINK TO OPEN YOUR ACCOUNT NOW

Zerodha is one of the most trusted broker firms of today. This is a broker firm through which you can invest in the stock market and mutual funds from your mobile with very low brokerage rates. With this you can track, control and sell your stocks and funds. Today’s article is going to be on Zerodha only. In this article, we will talk about topics like what is Zerodha, how Zerodha works, how to open an account in Zerodha, how to earn money from Zerodha and how to invest in share market from Zerodha.

What is Zerodha?

Zerodha is currently India’s largest and best online broker firm. Through Zerodha you can invest in Share Market and Mutual Funds while sitting at home. Through Zerodha’s website and online application, any person can easily buy and sell shares online while sitting at home. Not only this, trading can also be done sitting at home with Zerodha. People know Zerodha for the stock market but Zerodha is also one of the best broker firms for investing in Mutual Funds. With Zerodha you can invest in Share Market and Mutual Funds with very low brokerage charges or for free.

If we go a little deeper about Zerodha, it is an Indian financial services company which is a member of NSE, BSE, MCX and MCX-SX. Zerodha provides financial services like retail and institutional broking, currency and commodities trading, investment in mutual funds, bonds etc. Zerodha was started in 2010 and currently it is counted among the largest and successful Startups of the country. Zerodha’s headquarter is in Bangalore and the company also has offices in many other metro cities. The founder and CEO of Zerodha is ‘Nithin Kamath’ whose name appears in the list of Selfmade Billionaires of India.

How to open account in Zerodha

In this matter, one must be aware that among all the stock market broking platforms available in India at present, Zerodha is one of the best platforms which provides the best user experience to the people in the field of Stock Market Investing. We have given you most of the information related to Zerodha but still one main question remains which is how to open account in Zerodha? So let us tell you that it is very easy and its Step by Step Full Guide is as follows:

  • First of all go to the official website of Zerodha Click Here  so that you can start the Zerodha Account Opening Process.
  • how to open zerodha account new
  • After visiting the website, you will get the option of Sign Up Now on the home page itself, on which you will have to click so that the process can proceed.
  • After this, in the page that will open in front of you, you will have to enter your mobile number and click on Continue.
  • After this, in the page that will open in front of you, you will have to enter the OTP received on your number and submit it.
  • After that you will have to enter your email address and your name and verify your email by submitting the OTP received on it so that the process can proceed.
  • After this, in the page that will open in front of you, you will have to enter your name and date of birth and click on the Continue option given below.
  • After this, you will have to pay the prescribed fee i.e. Rs 200 to open the account, for which you can use the existing options like UPI etc.
  • After this, in the page that will open in front of you, you will have to connect your Zerodha Account to Digilocker by clicking on the Connect to Digilocker option given there. If you do not have a DigiLocker account then create one.
  • After connecting Digilocker Account to Zerodha Account, a form will appear in front of you in which you have to share all the information related to your bank account.
  • After this you have to share your personal information like name of your parents etc. and annual income etc., after which you have to submit it.
  • After this you have to complete In Person Verification i.e. IPV using Phone Camera or Webcam.
  • After this, you have to upload the scanned copy of all the required documents which we had also told you about above.
  • After this you have to complete the process related to eSign and submit your eSign to Zerodha after which your process will be completed.
  • After this your demat account will be ready and you will be sent client ID and password to access it.

Once you have created your account on Zerodha by following this process, then you will be able to easily invest in other investment options like Stock Market and Mutual Funds on Zerodha and if you use the right strategy for investment. If you invest accurately, you will be able to earn good profits by increasing the amount invested rapidly.

Is it safe to open an account in Zerodha?

When we invest through any app or website, doubts always remain in our mind. Because there are many such apps and websites in the market which deceive us to earn money. In reality, the aim of such apps or in other words brokers is to take some money out of our pocket and put it in their pocket. At present, there are many broker firms present in the market and many of them are also frauds. Zerodha is in the market since last 10 years. It is seen as the largest digital broker firm. Investing in Zerodha is completely safe. Being a debt free company, it can be called safe.

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How does Zerodha work?

Zerodha is a broker firm based company. Zerodha is officially associated with institutions like Bombay Stock Exchange and National Stock Exchange of India or rather the stock market. Zerodha provides brokerage services to its customers using technology. Through Zerodha, customers can easily invest in the stock market or mutual funds while sitting at home. By making heavy use of technology, Zerodha manages to earn huge profits from very few customers with very little investment. This is the reason why Zerodha earns good profits despite free brokerage rates and very low brokerage rates.

If we explain the working of Zerodha in simple language, then Zerodha helps people to buy and sell shares and mutual funds using technology.

How to open account in Zerodha, how to earn money from Zerodha

With the help of Zerodha, you can easily and with full control, buy and sell shares in the stock market, trade in the stock market, and also invest in mutual funds. Stock market and mutual funds are one of the best places for investment. If you invest in the stock market with your knowledge and experience, there are chances of getting good returns. With the help of Zerodha, you can invest in the stock market without any brokerage rate and with very low brokerage rate, due to which you get better returns and if there is loss then it is also less.

Zerodha can currently be considered India’s largest digital platform in terms of digital investment. At present Zerodha is the largest digital share broker company in India which also has the lowest brokerage rates. Despite this, due to its excellent business model, Zerodha is one of the highest profit earning companies in a short period of time. In such a situation, you can invest in Zerodha as per your knowledge and earn good returns by getting good returns.

How to open account in Zerodha?

With the help of Zerodha, you can easily invest in share market and mutual funds from home. If you want to invest in the stock market with the help of Zerodha, then for this you will have to open both demat account and trading account. On Zerodha you can open both demat account and trading account at very low cost.

Documents required to create an account in Zerodha:

To create a demat and trading account in Zerodha, you will have to keep soft copies of some documents ready. You will have to upload these documents while creating an account. Therefore, after downloading Zerodha from Play Store or App Store, keep soft copies of these documents ready:

• PAN Card
• Aadhar Card
• Canceled Cheque/Bank Statement
• Your signature on a paper
• Passport Size Photo
• Income Proof (Optional)

If you want to invest in Futures and Options – Equity, Commodity and Currency then it is mandatory to submit Income Proof. As income proof, you can keep Form-16, IT Acknowledgment Copy, 6 months bank statement or your latest salary slip as proof. But if you are going to invest only in Stocks then you do not need to submit Income Proof.

How much money will you have to pay to open an account on Zerodha?

Zedodha’s name is not only included among the largest broker companies in India but also among the best broker companies. To create an account in Zerodha you have to pay a very low fee. Many times, due to offers, the facility to open a demat account is available for free. Currently the following charges are levied for opening an account in Zerodha:

Demat and Trading Account : Rs 200
Commodity Account : Rs 100

If you want to trade in both Equity and Commodity, then you will have to pay a fee of Rs 300. But if you want to trade only in Equity Stocks, then you will have to pay only Rs 200 for this.

There are 2 methods of creating an account in Zerodha:

• Online Method: Using Online Method, you can open your account in Zerodha in 15 minutes by uploading your documents and giving some simple information. To create an account in the online method, you will have to complete the eSign process in which your verification is done by sending OTP to the number linked to your Aadhar card. If your number is not linked to your Aadhar card or your number is inactive then you will not be able to open an account.

• Offline Method: Although most of the work of Zerodha is online, but being one of the largest stock broker companies in India, Zerodha provides you the facility to open an account through offline method also. But if you want to stay connected with the world of trading then you will have to focus more on online methods which are faster and more profitable.

How to open online account in Zerodha? How to Open Zerodha Account (Online Method)

Opening an online account in Zerodha is very easy. If the documents we gave you above are available with you, then you will open your Zerodha account in 15 minutes without any problem. For this we have given you a step-by-step guide below:

> Go to Zerodha’s Account Opinion Page in the browser of your mobile and laptop.
> Verify by entering your mobile number and Sign Up.
> Enter your full name and email ID. Keep in mind that your email ID should be correct because you will receive a verification email on your email ID only after which the process of opening an account on Zerodha will proceed. Apart from this, you will continue to receive important emails related to your account.
> After this a mail will come on your email. You will have to verify your mail by clicking on the link given in that mail.
> On the next page you will have to provide your PAN Card details and Date of Birth.
> After this, on the next page you will have to make payment for your account.

If you are opening an Equity account then you will have to pay Rs 200 for it, but if you are opening a Commodity account then you will have to pay Rs 100 for it. You can pay the fee through UPI, Card or Net Banking. Tick ​​the checkboxes as per your convenience. If you do not want to take commodity account then do not forget to uncheck it. Otherwise your Rs 100 will go waste.

After successful payment, you will see a Congratulations message. Along with this, payment confirmation mail will also be sent to your previously verified mail address.

> After successful payment, you will have to connect your Aadhaar through Digilocker. For this you have to click on Connect with DigiLocker.

Let us tell you that to create an account in Zerodha, you will have to create your account in DigiLocker and link Aadhaar card to it. You can sign up on Digitlocker with the help of your mobile number and Aadhar card. For information, let us tell you that DigiLocker is an online service which is provided by the Ministry of Electronics and IT, Government of India. In DigiLocker App, you can digitally save your vehicle registration, license etc. along with your Aadhar card. This means that you do not need to travel around carrying these important documents with you.

> After entering your Digilocker account, you will have to select Aadhar Card. If you have created a new account on your DigiLocker, then verify it through One Time Password (OTP) by writing your Aadhar card number.

> After completion of Aadhaar Verification, a new display will appear in which ‘Let’s finish the application’ will be visible. After clicking on this, you will have to give details of your bank account. Such as Bank Account Number, Bank Name and IFSC Code etc. Apart from this, you will have to enter some other information like marital status, father’s name etc. After filling all the details, click on Continue.

> After this you will have to do IPV (In-person-verification). This verification is done through your webcam or phone camera. In this you have to get your documents verified. In this, you are shown an OTP on the display which you have to write on a paper and show it on your webcam or phone. For this you will have to first click on Start IPV then Take Video and after taking the video, click on Save IPV.

> After this you have to submit the signature on the next page. In this, if you want, you can use eSign using Aadhar Card or you can print or courier your signature. It would be better if you do verification using the eSign process.

> After this, in the next page you will have to upload documents like bank account proof, signature, PAN card, income proof (if you are going to invest in Future and Options, Currency and Commodity) etc.

> After this you will have to eSign. For this you will have to click on the eSign Equity button. After this you will have to enter a security code which will go to your registered mobile number.

> After the application sign up is over, you will have to download the Demate POA (Power of attorney) form and fill it and send it to the given address.

That’s all, after successfully completing these steps your demat and trading account will be opened. After this you can trade sitting at your home. Now you can easily buy and sell shares, that too sitting at your home.

We hope that you liked our article based on Zerodha. In this article we have given you information about ‘ What is Zerodha and how to open account in Zerodha ‘. If you still have any questions related to Zerodha, please let us know by commenting.

Conclusion- How to open account in Zerodha!

Zerodha is currently one of the most used stock market brokerage platforms in India with millions of people using it to invest in investment options like stock market and mutual funds. But one problem is that many people do not know how to open Zerodha account and this is the reason why we have prepared it in which we have given complete information about Zerodha account opening in easy language. Hope you liked this article.