Zerodha, one of India’s leading stockbrokers, allows you to open a Demat account easily using their online platform. Here's a step-by-step guide to help you create a Zerodha account using the Zerodha app and Kite Zerodha:
Step 1: Visit Zerodha’s Website
Go to the official Zerodha online website and click on the 'Sign Up' option.
Step 2: Enter Details
Provide your mobile number, email ID, and PAN details to get started. You will receive an OTP for verification.
Step 3: Complete KYC
For KYC verification, you'll need to submit documents such as:
- Aadhar Card (with linked mobile for OTP)
- PAN Card
- Bank Account proof (a canceled cheque or bank statement)
- A selfie or live photo
Step 4: Upload Documents
Upload scanned copies of your documents. Zerodha’s system will guide you step-by-step for the document upload process. Make sure all information is accurate to avoid delays.
Step 5: E-Sign Process
Complete the e-signature process using Aadhar-based verification. You will receive an OTP on your registered mobile number for authentication.
Step 6: Payment
Once your documents are verified, you’ll be prompted to pay the account opening fee. Zerodha charges a nominal fee for opening the Zerodha trading and Demat account.
Step 7: Account Activation
Your Zerodha broker account will typically be activated within 24-48 hours after successful verification and payment.
Using Kite Zerodha App
After your account is activated, download the Kite Zerodha app. This app allows you to trade directly from your Zerodha trading account. You can buy and sell stocks, view your portfolio, and manage your investments all from the app.
Zerodha New Rules
Make sure you’re aware of the Zerodha new rules, including margin requirements, to ensure a smooth trading experience.
Creating a Zerodha Demat account is a straightforward process, and with Zerodha’s user-friendly platform, you can start investing in the stock market in no time!
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