Zerodha Account Opening Coupon Code - Kite Zerodha Referral Code

Zerodha is India’s first, largest, and most popular stock broker offering flat-rate discount brokerage services. Zerodha offers online trading at BSE, NSE, and MCX for a flat Rs 20 per executed order.

Documents required to open a demat and trading account at Zerodha.

Here are the documents required to open a demat and trading account at Zerodha. I will recommend keeping soft copies of all these documents ready before you apply to open the accounts as you’ve to upload them during the account opening process:

• PAN CARD
• Aadhar Card
• Canceled cheque/ Bank statement
• Your Signature on a piece of paper
• Passport size photos

*Optional– Income proof:  It is mandatory to submit income proof if you wish to trade in Futures and options – Equity, Commodity, and Currency. You can submit Form-16, an IT acknowledgment copy, a 6-month Bank statement, or your latest salary slip as proof. Anyways, ignore this document if you are planning to invest only in stocks, and not in derivatives, commodities, or currency.

Account opening charges at Zerodha

Here are the new account opening charges at Zerodha

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

If you want to trade in both equity and commodity, then you need to pay an account opening charge of Rs 200 + Rs 100 = Rs 300. However, if you want to trade just in equity (stocks), then you need to pay the charge of Rs 200 only.

Zerodha Kite Demat Account Opening Process

Step 1: Go to the Zerodha account opening page on your browser. Here is a direct link.

Step 2:  Enter your mobile number to sign up. You’ll receive an instant OTP to verify the mobile number.

Step 3: Enter your full name and email id. Please enter your email address correctly as you’ll again receive an OTP to verify your email id. This is the same email where you’ll receive all your future correspondence from Zerodha. Enter the OTP that you’ve received in your email to verify your email address.

Step 4: Next, enter your PAN and date of birth (DOB) details in the field provided.

Step 5: Complete the account opening payment.

For equity– you’ve to pay Rs 200 and for commodity, the charge is Rs 100. You can complete the payment through UPI or Net-banking/Card payment.

Tick the checkboxes according to your requirements and click on the ‘Pay & Continue’ button. Make sure to uncheck commodity account, if you’re not planning to trade in it and save Rs 100.

After payment, you will see a Congratulations message displayed on the screen and receive an email regarding the payment confirmation.

Step 6: After completing the payment, it will ask you to connect Aadhar details via Digilocker.

Step 7: After entering your DigiLocker account, select the Aadhar card. If you’ve just created a new account, enter your Aadhar number and verify using OTP received on your phone.

After that, you need to click on ‘LINK YOUR DIGILOCKER WITH ZERODHA’.

Step 8: Once your Aadhar verification is complete, a new screen will come up displaying “Let’s finish the application”. Here, you need to fill up more details starting by filling up Bank Details i.e. your bank account number, bank name, and branch’s IFSC Code.

Below that, you have to fill in some details like Marital status, Father’s first name, Father’s last name, etc. After entering the details, click ‘CONTINUE’

Step 9: Next is IPV Verification over webcam/phone.

IPV or in-person verification is a process where a depository participant in personally verifies documents and other details as per the law by SEBI. It is compulsory for every investor to go through the in-person verification process before opening a demat and trading account.

Here, they’ll display an OTP on the screen. You need to write down this OTP show on a piece of paper or your smartphone. Then, hold the piece of paper/ mobile phone with the code in front of your mobile phone/ webcam.

Click on “Start IPV”, then click on “Take Video” and finally on “SAVE IPV”.

Step 10: Next, you will have the option to either Digitally sign the application with Aadhaar (mobile OTP) or print & courier it. I will suggest you select the Aadhaar Option as it is a faster approach.

Step 11: Upload a scanned copy of the documents: Bank Account Proof, your current signature, and PAN. Income Proof is optional & only required if you want to trade Futures and options, currency, and commodities.

Step 12: Next, it’s time to eSign. Click on ‘eSign Equity’ button and proceed to the next step. Enter the ‘Security Code’ received on your registered Mobile no/Email and click on ‘submit’.

Step 13: In the next window, enter your Aadhaar number, tick the checkbox, and click on the ‘Request OTP’ button. Here, enter the OTP number received on your mobile. With this the eSign process for Equity is complete.

Note: If you also opted for a commodity trading account, repeat the same process by clicking on ‘eSign commodity’ as shown in ‘Step 12 ‘.

Step 14: Once you’ve completed the application sign-up, you will have to download the Demat POA (Power of attorney) form, fill it up & send it to the address mentioned below.

Address:

Zerodha, #153/154 4th Cross Dollars Colony,
Opp. Clarence Public School,
J.P Nagar 4th Phase,
Bangalore – 560078

What Is the Zerodha Referral Program?

Zerodha Referral Program is like all other programs, where you can refer Zerodha to your Family, Friends, and earn. When you refer a client to Zerodha, you will get 300 reward points for each referral. These reward points can be used to subscribe to premium products and partner services. Now earn 10% of the brokerage paid by anyone you referred.

How does the Zerodha Referral Program work?

Refer your friends on Console, or share a referral link from the website, and earn 10% of the brokerage they pay if they open an account using your referral link. That’s it! It’s that simple!

Note: The minimum payout under this program has to be Rs.1000, and you should have at least 5 referrals, for you to be able to withdraw your referral earnings. We will start processing withdrawal requests for this referral bonus from April 1, 2020. Here are the terms & conditions to participate in the referral program.

How do I refer Zerodha to my friends and family?

• Create an account with Zerodha first.
• Login to Zerodha Console.
• Share your Referral Link.
• The account was opened using your link.
• Done!

What Are Zerodha Referral Program Benefits?

• Refer your friends to earn 10% of the brokerage they pay!
• You can refer your friends and family to earn 300 Zerodha Reward Points when they open an account. You can use these reward points to subscribe to Zerodha’s paid products (Streak, Sensibull, smallcase, and LearnApp).