Zerodha Account Opening Documents

Zerodha, the leading discount broker of India, has multiple services and benefits to offer. Are you planning on opening your Zerodha Free Demat account but not sure what all you require? Here is the complete information on Zerodha Account Opening Documents.

Zerodha is India’s largest discount broker with more than 36 lakh clients. The broker has undoubtedly had its fair share of fame in the brokerage industry. 

Amidst all the good talk about the firm, you are sure to be tempted on opening your very own account with it. But remember, the Zerodha account opening time will be much lesser if you have taken care of all the documentation in advance. That is why it is very crucial for you to have this information beforehand.

People even talk about a rumor sometimes that you can have Zerodha Multiple Accounts! Let’s understand all of that here.

Here’s the list of all the Zerodha Account Opening Documents through the online as well as the offline process.

What Documents are Required to Open Zerodha Account Online?

Since the Demat account can be opened online and here are the essential requirements that are necessary to open the Demat account.

You shall require the following:

• PAN card (mandatory)
• Aadhaar (in case you don’t have an Aadhaar card, opt for the offline route)
• Electronic signature. The e-Sign process is authenticated by an OTP sent to your Aadhar linked number. (If your provided number is not linked to your Aadhar, the authentification process will fail. You need to get your Aadhar updated for proceeding further)
• A canceled cheque/bank statement of the respective bank to link your bank account to Zerodha. (In case the cheque provided is not personalized, the uploaded bank statement must have the IFSC as well as the MICR code). Also, do not forget to self attest the bank statement.
• A photo/scanned copy of the signature proof. 
• Income proof. Mandatory for trading in equity, commodity, currency and futures & options (any one of these required) 
• • Form-16
  • Acknowledgment of income tax returns
  • Six month’s bank statement
  • Latest salary slip
  • Demat holding statement
  • A CA certifying the net worth

The above-mentioned Zerodha Account Opening Documents hold good for Indian clients. For an NRI account, partnership/LLP account or Corporate account, the requirements and procedures are different.

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What are the Documents Required for Zerodha Account Offline? 

You will require the following:

• A passport size photograph (to be pasted on the KYC form)
• A self-attested copy of your PAN card
• Address Proof (any one of these)
  • A self-attested copy of Driving License
  • A self-attested copy of Voter ID
  • A self-attested copy of Passport
  • A self-attested copy of the Aadhar Card
  • A self-attested copy of Bank Statement

• Income Proof. It is mandatory for derivatives trading (any one of these)
  • A self-attested copy of the latest salary slip
  • A self-attested copy of ITR
  • A self-attested copy of Form-16
  • Six month’s bank statement

• Bank Proof: A copy of the passbook or bank statement wherein the account number, IFSC and MICR are visible.

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On The Whole

Opening an account with Zerodha is not as complex as it may seem. All you require is – an attested copy of PAN, address proof, two copies of a canceled cheque. Just attach these with the duly filled Zerodha account opening form and you are done.

Once you are able to process the application for the Zerodha Kite Account Opening you would be able to use and access this trading app and meet your investment goals in a seamless manner.

The best part – You can request a pick-up (for the Zerodha Account Opening Documents and the duly filled form) if you opt for the offline method. All the documents are picked from your place at the scheduled date and time. Zerodha charges extra for this service.

The not-so-good – As convenient as the pickup process may seem, at times it takes too long for your account to be opened after the form has been picked up. There have been instances where the clients have complained of wrong email IDs linked to their accounts.

So here are the complete details and the best answer for what documents required to open Zerodha account.

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For any further assistance with the account opening process, you can request a callback. 

 

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