How to Open a Demat and Trading Account with Zerodha?

Want to invest in Indian stock market? You will need a demat account. Use this referral to earn 300 signing bonus points Zerodha referral link.

How to open a account with Zerodha? 

• Whole process is online. Prepare with following documents: (1) digi locker account having PAN and ADDHAR in there (2) an active phone number connected with same ADDHAR (3) a bank account (4) 6-month Bank statement from internet banking (5) scanned photo and signature (6) Cancelled cheque scan copy
• Follow my referral below to earn signing bonus**: Zerodha referral link (https://zerodha.com/open-account?c=AN3347)
• Be ready with those documents, and follow the instructions one by one.

** If any of your friends click on the link and open an account with us, you and your friend will receive 300 points. Points can be used to gain access to our growing ecosystem of trading and investing apps such as smallcase, Sensibull, Streak etc.

If you wanna contact me, say Hello in  Instagram message.

Why Demat?

Demat Account or dematerialised account is like like bank account, it is used to hold shares and securities in electronic format. It makes share trading easy for the users during online trading.

In stock market, a broker is a firm that executes ‘buy’ and ‘sell’ orders for an investor for a fee or commission. There is no other way around. You have to open a demat account with a broker to start investing/trading in stocks.

Why Zerodha?

• I'm using Zerodha discount broker. Its the market leader and charges an annual maintenance fee and a fixed DP charges while offloading an equity lot of your investment. Since it does not charge a percentage upfront like other brokers, it saves a lot, A LOT of money. Both DP and annual maintenance charges are lowest available in market among competitors. 
• For day trading a fixed rs 20 charges are required. All charges are mentioned here.
• Along with that, you get to use ZERODHA COIN free of cost for investing in mutual funds.
• 3+ million investors & traders are using it, gives a confidence of authenticity.
• They quickly resolves the issues through service team, that I can say from experiences. 

How Zerodha makes money as a business?

They earn from 

• annual maintenance fee  (₹300/year + GST charged quarterly check update here.) 
• from DP (Depository participant) charges (₹13.5 + GST per scrip) on the selling day
• they sell different training and learning courses if you are interested. 

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Disclaimer: Stocks mentioned (if any) here are not recommendation. We may have already invested in some of the name mentioned here. Read full disclaimer here

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