Table of Contents
Is there any minimum balance required in Zerodha account?
No, you do not need to maintain any minimum balance to keep your account active at Zerodha. However, if you don’t trade in any of the segments for 12 consecutive months then the account is considered to be inactive or dormant and may be required to renew your KYC.
How much does it cost to open a demat account in Zerodha?
The charge for an online account opening at Zerodha is Rs 200 for the Trading & Demat account.
Is it necessary to add funds in Zerodha?
You can use your Internet banking and remit the funds to Zerodha’s bank account. To add money, add Zerodha as Beneficiary (Payee) in your internet banking portal and transfer funds….How do I add money to my trading account using IMPS, NEFT or RTGS?
| Method | Time taken | Charges |
|---|---|---|
| IMPS | 5 -10 minutes during market hours | Free at Zerodha, bank charges may apply |
What happens if I have zero balance in Zerodha?
No, you do not need to maintain any minimum balance to keep your account active at Zerodha. However, if you don’t trade in any of the segments for 12 consecutive months then the account is considered to be inactive or dormant and may be required to renew your KYC. To know more click here.
Zerodha does not charge for Equity delivery (CNC) trades. The brokerage is zero. However, if you have selected the CNC product type and bought and sold the shares on the same day during the market hours , it will be considered an intraday trade(MIS), and intraday brokerage will be charged on your trades.
What is fees charged by Zerodha?
Equity
| Zerodha charges | Equity delivery | Equity futures |
|---|---|---|
| Brokerage | Zero Brokerage | 0.03\% or Rs. 20/executed order whichever is lower |
| STT/CTT | 0.1\% on buy & sell | 0.01\% on sell side |
| Transaction charges | NSE: 0.00345\% BSE: 0.00345\% | NSE: 0.002\% |
| GST | 18\% on (brokerage + transaction charges) | 18\% on (brokerage + transaction charges) |
Can I use my father’s bank account to fund my Zerodha trading account?
No, SEBI mandates that only a bank account in your name can be linked to your trading account.
Is Zerodha is registered with SEBI?
Zerodha, being a Trading Member of NSE and BSE, registered with Securities & Exchange Board of India (“SEBI”) and having Registration No. INZ000031633 for Cash/Derivatives/Currency Derivatives segments of NSE & BSE.
How do I open a Zerodha Demat account online?
You need the following documents to open a Zerodha Demat account online: 1. Photocopy of PAN card, which can be uploaded on our portal. 2. Aadhaar (you can open your account via the offline route if you don’t want to use your Aadhaar details) 3. The mobile number linked to your Aadhaar (Mandatory for Online as you’ll receive the OTP)
What are the documents required to open a Zerodha account?
There are certain mandatory documents required while opening either Trading, Demat or Commodity account. 1.PAN Card (Permanent Account Number): You are required to provide a self attested photocopy of your PAN card. 2.Address Proof: Everything at Zerodha is online and all the information from us will be sent to you on your email.
How much does it cost to apply for Zerodha in India?
If you use physical forms: Rs 400 in favor of “Zerodha”. If you print the forms yourself: Rs 300 in favor of “Zerodha.” Annual maintenance charge (AMC) towards your demat account is Rs. 300/- which is payable at the end of the year.
What happens if I Close my Zerodha account?
Note : If you are an existing account holder with Zerodha, and you’re closing it because your employer doesn’t allow you to trade/invest with us, click here. The trading account will be de-activated. A freeze will be applied on the DEMAT. No credits or debits of shares/MF’s can happen to the demat account.