Opening a Demat account with Zerodha, a popular Indian stockbroker, is a relatively straightforward process. Here are the steps you can take to open a Demat account with Zerodha:
- Visit the Zerodha website: Go to the Zerodha website (https://zerodha.com/) and click on the “Open Account” button on the top right corner of the homepage.
- Fill out the registration form: Fill out the registration form with your personal and contact information, including your name, email address, phone number, and PAN card number.
- Submit the required documents: Upload scanned copies of the required documents, including your PAN card, Aadhaar card, and a canceled cheque or bank statement for account verification.
- Complete the e-KYC process: Complete the e-KYC process by providing your Aadhaar number and consenting to the e-KYC process. Zerodha will verify your identity through the Aadhaar-based e-KYC process.
- Fund your account: Once your account is open, you’ll need to fund it in order to start trading. You can do this by transferring money from your bank account to your Zerodha account through the platform’s payment gateway.
- Start Trading: Once your account is funded and activated, you can start trading with Zerodha
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Please note that Zerodha only accepts clients who are Indian residents, and the process may change slightly depending on the local laws and regulations of your state. Be sure to read the terms and conditions of the account, and get in touch with the customer support team of Zerodha if you have any questions or concerns.